17min chapter

GRIT: The Real Estate Growth Mindset cover image

Episode 126: The Next Evolution of the Traditional Brokerage with Winston Murray

GRIT: The Real Estate Growth Mindset

CHAPTER

Incentivizing Real Estate Agents for Long-Term Success

The chapter explores different commission splits for real estate agents, emphasizing the importance of incentivizing agents based on deal sources and fostering long-term growth. It discusses the impact of interest rate hikes, scarcity of housing, and the need for agents to adopt a business-like approach to thrive in the industry. Additionally, it delves into running challenges and contests to motivate agents, focusing on building a referral-based business and boosting productivity through effective database management.

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