In this episode of the Get Keen Podcast, host Dan Lee, founder of Plum Property, shares invaluable insights for aspiring real estate agency owners. He emphasizes the importance of careful time management and the commitment required to be competitive in the industry, noting that high performers often work 50 to 60 hours a week. Dan discusses the common pitfalls of new agents who rush into starting their own business after only a short time in the field, suggesting that this approach can be detrimental. He provides a detailed overview of the costs associated with launching a real estate agency and offers practical advice for agents who are considering this significant step in their careers. Tune in for expert strategies and tools to help you grow your business and achieve a fulfilling work-life balance.

Are you a high performing agent ready to break out and build your own agency? Book a call to see if our Plum Partners System is the right fit for you: https://system.plumpartners.com.au/watch-vsl-plumpartnerssystem

Follow Daniel:

https://www.instagram.com/dan_lee_plum/

https://www.facebook.com/danleeproperty?mibextid=LQQJ4d

https://www.youtube.com/channel/UCbVdJyrv-kOcdd7QIyvnzHw

Timestamps

[00:00:00 ] Introduction

[00:01:35 ] Starting your own agency.

[00:05:07 ] High-performing agent requirements.

[00:09:44 ] Trust account auditing costs.

[00:11:41 ] Setting up real estate portals.

[00:15:16 ] Building a support team.

[00:20:09 ] Business startup costs overview.

[00:23:43 ] The struggles of entrepreneurship.

[00:27:57 ] Launching your own business.

[00:02:15 ] The power of social media.