#446- The Mail-Right Show: Why You Should or Shouldn’t Join EXP Realty In 2024?

Subscribe: RSS

Why You Should or Shouldn’t Join EXP Realty In 2024?

Join EXP Realty in 2024. Discover the pros and cons to determine if this innovative brokerage suits your real estate career.

Are you curious if EXP Realty is the right fit for you in 2024? Join us as we explore both sides of the coin.

This informative video highlights essential aspects such as company culture, growth opportunities, and challenges agents may face within this brokerage model. You can give yourself valuable insights.

#1 – Successful And experienced realtors Would Be Successful At Any Brokerage.#2 – You Need To Break The mindset that Your Broker is Your Employer.

#3 – Priorities That You Need From Your Brokerage.

#4 – Comparing EXP Reality to The Main Comparators.

Episode Full Show Notes

[00:00:07.950] – Robert Newman

Welcome back, ladies and gentlemen, to episode number 446. John and I laugh because we talk about how I should explain my massive shiner. And John was suggesting that I go with the angry, jolted lover. It’s an irate customer kind of thing. The truth is, I was moving a piece of heavy equipment into my home office and let it slip. And the dolly and the thing I was moving smacked me in the face and gave me a massive shiner. So anyway.

[00:00:44.850] – Jonathan Denwood

That’s one hell of a shiner.

[00:00:46.670] – Robert Newman

Oh my God. Yeah, it’s like half my face. It’s incredible.

[00:00:49.900] – Jonathan Denwood

It’s a beneficent shiner.

[00:00:52.260] – Robert Newman

It’s like a Dalmatian, like. For those of you who don’t watch this on video, if you’re curious, please join us on video. You will now see me with half my face, black and white. All right, without any further ado, though, for those of you who might not be familiar with us, in today’s episode, we will talk about why you should or should not join EXp Realty in 2024. Mike, the fearless co-host, researched and came up with the subject in the first place. But some of you may not know him. So, John, without any further ado, please do us the favor of introducing yourself.

[00:01:23.520] – Jonathan Denwood

Oh, dear. Shock Orin. Nobody knows me. I’m the joint founder of Mel Riot.com. We’re a CRM email text platform that helps you get more leads. Plus, you get a nice-looking website. What more could you ask for, my beloved listeners? Back over to you, Robert.

[00:01:47.980] – Robert Newman

All right, I’m Robert Newman, the founder of Inbound REM, a content-focused marketing company focused on the core principles of you owning stuff and search engine optimization. All right, without any further ado, though, we’re going to drop into.

[00:02:06.080] – Jonathan Denwood

I’m tempted to say it’s urgent care cent.

[00:02:09.840] – Robert Newman

Oh my God. See, this is. This is every once in a while, John; I give you a lot of ammunition. This is one of those days per year that you get a ton. Because I could have called out, I did break my face, but no, I’m here letting you take some shots at me. Listen, ladies and gentlemen, to what you said, I am curious if exp is the right fit for you in 2024. All right, so we can talk briefly about why you selected this subject in the first place. Because we’ve discussed Exp before, this is the second time you brought them up as a subject, just looking.

[00:02:48.450] – Jonathan Denwood

At what other people were talking about. I thought it would differ slightly from video, Facebook, or Google local efforts. We have a guest next week. I think I’m right. We got a guest next week as well. But I thought it was good timing to have maybe come back. We’ve only discussed Exp once or twice, so I don’t think we’ve overkilled it, have we?

[00:03:15.630] – Robert Newman

Okay, well, ladies and gentlemen, exp have some competitors. The primary among them is actual. It’s just one competitor that they have. The idea behind real is if they are actual Exp. Other companies like it are very similar to multilevel marketing, which has pros and cons. Before we jump into any of that, though, I will salt those pros and cons through the format of the show that Joe and John described as designed for us. I did take a heavy blow to my head recently, John, so understand when I’m mixing my words up, that could be part of the cause.

[00:03:55.610] – Jonathan Denwood

Oh, I do that. I don’t need a blow to do that.

[00:04:02.590] – Robert Newman

So successful and experienced realtors would be successful at any brokerage. That is your number one. It’s kind of like what you put here. So, what did you mean by that? Like, get into that for us?

[00:04:12.510] – Jonathan Denwood

I think, you know if you haven’t built up a marketing engine, a marketing methodology, whatever techniques you’re going to utilize, you know, one-to-one marketing, more traditional type of marketing, where you just got a small group of people. Still, you’re tight with them, or you’re going to use more digital marketing, or you’re going to use a hybridization approach, which I think is the best. However, a lot of agents seem to struggle to combine both morphologies. They either go with the more traditional, build a small referral group in their community, or they go entirely online. But whatever, whatever your poison is, whatever is working, you gotta, if you’re successful. If you’ve built up that way of getting enough leads and turning those leads into commission checks, you will be successful. Whatever type of brokerage you go to, I don’t think I, apart from when you’re starting, you’ll not have a lot of experience if you’re beginning. , I don’t think any of these online brokerages are probably the right solution for you. Some people would say I’m not right, but finding an experienced agent to mentor you is perfect.

[00:05:59.260] – Jonathan Denwood

But apart from that, I think whatever type of brokerage, as long as you’ve got that marketing engine worked out, you will be somewhat successful.

[00:06:12.390] – Robert Newman

I copy you. So I have a different take on this. Successful experience realtors is successful in any brokerage. That broad and general statement I completely and totally agree with. And I just want to say that at that point then for all of you listening to this show, especially for those of you, that rare few that really don’t sweat the details of your business, in other words, maybe you’re very successful at digital marketing of some kind. You really are already a profit engine. And now what you’re doing is trying to figure out how and where you’re going to see the most utilization for the business that you’re surrendering to a brokerage. Because that’s what you’re doing. You’re giving your business to somebody else for a set of services. When you are good enough at your business where the marketing, you’ve done the marketing you’ve created the deal, you manage the transaction, and all of that is seamless. Now you have this massive asset that you can turn over to a brokerage or not. Some agents turn it over for brokers that charge 0% or $4,000 a year for a seat. You all know who the 1% per like percent commission brokers are.

[00:07:23.630] – Robert Newman

You should okay, all those people pretty much like process your transaction at no charge. So you can keep all of your money from the deal real and exp give you a percentage of their company as part of their end on the transaction. You end up paying about 20% on transactions. 20% of 1%. Okay, so they’re not the lowest and they’re not the highest on the transaction processing side. So you pay for this privilege. But part of what they do is they give you shares in the company, which is what makes their brokerage structure unique as part of your comp plan. Now here’s the interesting thing. They also are one of the very few people that allows you to treat their business like your business. That’s where it’s like multilevel marketing. And in that sense you get to, if you are a guy like Kyle Handy, who has a process that you can put online, that other people can copy and replicate, you could then make them essentially part of your downline, and then you can make a very small piece of their deal as well, and you can make some shares in EXP. Now all of this was much more appealing when the stock price was exploding in terms of stock price position of the shares.

[00:08:39.500] – Robert Newman

And I am not a stockbroker, this is not financial advice. But in my opinion, you are looking at a better timeframe for real and other companies because Exp has stagnated on the share price for a while. But if for some reason you believe in their model, like a lot, and they’ve got a great model and they are doing really, really good at providing share value. So you need to look at this yourself and say, do I have the five to ten years? And if the answer is yes, in my opinion, Exp is definitely the established player that created the model that everybody else is following in the digital space. And they are the godfathers of it. They also have an incredibly attractive profit to earnings share ratio as opposed to every other provider out there. Now that’s not a guarantee of performance, so. And I don’t know that. Yeah, and it leads really well into what number two is on John’s list, which is you need to break the mindset that your broker is your employer. That’s what you said for number two. And I basically kind of like shared a thought that was very similar to that in that the person who controls the in business is actually in control.

[00:09:55.720] – Robert Newman

But what do you think about how would you embellish on that? Or what would you say to that yourself, John?

[00:10:00.400] – Jonathan Denwood

Well, you’re in a partnership. It should be a partnership. The brokers should provide. Obviously, in some states, you know, a lot of states, you got, you got to have a broker or you’ve got to be the broker. It’s a requirement to be a real estate agent in Nevada. You’ve got to have, you got to be part of a brokerage and the broker has to qualify financially and also through additional testing and number of years in business to qualify, qualify as a broker. And they supervise their agents, but they should, they should bring things to the table. But you’ve got, you’ve also got to bring things to the table. You know, unlike there are some real estate brokerages that you are basically just the employee Redfin, but that they changed that model, haven’t they? But because it didn’t work. But you, you are self employed, you are working for yourself in partnership with your brokerage and you’ve got to do your own marketing and you got to do your own lead. Generate a, you know, some boutique power brokerages. They will provide so many leads to their agents. They have a full time digital manager. I think, you know, if you’re starting out, but normally they, they give the best of those leads to their experienced agents, don’t they?

[00:11:55.410] – Jonathan Denwood

In my experience, yours might be different, but that’s the mindset, you know, it’s a totally different mindset to be the employee, I feel.

[00:12:06.990] – Robert Newman

Agreed. So, ladies and gentlemen, this is the mindset that you need to break. The mindset that your broker is your employer. I couldn’t agree with that more. It hasn’t been true in a while, and it certainly isn’t true in the digital age. There’s a very small handful of exceptions which mostly exist in the hyper luxury space where Sotheby’s luxury or a few other brand names are still someplace where when you sign up for them, they’re going to be your employer because they built such a strong pedigree into the brand that you’re not going to be able to catch it on your own, in theory, but there aren’t that many of those left, and they almost always exist in a very specific kind of space. There’s also an ever growing number of players that focus on the, the smaller, higher volume mindset. There are quite a few players out there that are appealing to that marketplace and building brands along the idea of doing real estate transactions en masse and providing a reasonably good experience and a lot of training to get those things done. And there’s all sorts of small brokers who are doing that for ExP and others, but those guys have already figured out that the broker is not the employer.

[00:13:18.930] – Robert Newman

The person that is the employer, the person that can make the demands is the person who controls the business. And in the digital world that we live in, business is more and more defined by process. So if you have a lot of processes, what you say at the opening of sale, close of sale, and you can record all that video or other formats and then test agents on it, and then you have digital formatting, so that when somebody is closing a deal, like a lot of their paperwork is on an iPad, as an example, people are signing documents. You’ve got easy to understand assets that explain the transaction, explain what somebody’s supposed to do, and you’re paying for those, or you paid for the knowledge in the first place, and you have all of that process set up. Most of the time, brokers are not doing that anymore. There’s not very many brokers that do a very good job. One of the few is real and another one of the few is exp. They both have a very large amount of digital knowledge online that you can learn from. You have to decide who’s better real has done a better job on the corporate side.

[00:14:15.970] – Robert Newman

I think people that are actually connected to the core entity and Exp is doing a much better job at recruiting power agents who do an incredible job at doing it, such as Ricky Carruth and Kyle Handy. They’re pretty much scooping up all of the people that figured out the digital lead generation and digital education side of real estate. And all those guys are going over to Exp. Why? They’re already educating thousands of people. Might as well make a small override on it. All right. Signing them up under their extended downline and then educating everybody en masse is already what they do. Ricky Carwith was already doing that before he ever signed up with Exp. He probably changed zero in his business model and is just collecting shares of his broker’s company to do it with them. So it’s a smart decision past that point. If any of you listening to this show right now are digital creators or headed in that direction, or influencers or educators, and real estate is your space. Exp and real and companies like that are absolutely places for you to look at and measure the long term value of your investment.

[00:15:22.860] – Robert Newman

There’s cons though, too, and I do want to. I’m going to cover the cons in number three, but we’re going to go to break really quick because we’re right there, we’re right on the money and we’ll be right back. John, I am sorry. Pause. John, I am going to really step up for 1 second. I will be right back in under 60 seconds. Okay, so true. Break. All right. Okay. I’m going to do my countdown then. All right. Okay. Three, two, one. Welcome back, ladies and gentlemen. Today we are talking. Today’s episode number is 446. We just got back from break and we are talking about the pros and cons or why you should or shouldn’t join EXP Realty in 2024. We stopped, we went to break when we covered a second subject, which is you need to break the mindset that your broker is your employer. We’re coming back and we’re going to talk about the priorities that we think might be a good idea for you to look at in 2024 from your brokerage. And this is just our opinion, and these are two guys that haven’t been realtors, but we both have a lot of digital experience and we’re applying that to this equation.

[00:17:01.520] – Robert Newman

So John, why don’t you go first and run through what you think the priorities would be that you would need from a brokerage in 2024.

[00:17:10.300] – Jonathan Denwood

Well, I think the main priorities is money support charges. What the split is going to be. I think with Exp, I think they’re. I think their split is 2080, up to $16,000. And then there’s a cut off. I think I’m right about that. You covered the support, the training. You said that they do provide a lot of online training and they do like one or two of their main competitors provide good services when it comes to managing the transaction. Then you got the charges. You know how much they charge. I think by my research, which was at the beginning of 224, they were charging around $80 to $90 a month for their digital package. I think there’s a fourth one which all these are online players. It’s their weakest point is, and I would call it community, I think you can have community online, but I think it can’t compare to a traditional brokerage that has some form of community feel to it. But on the other hand, I’ve known, I’ve known a lot of the kind of bigger franchise brokerages. They don’t have much of a community feel, even though they’ve got a brick and mortar base.

[00:19:02.510] – Jonathan Denwood

So it just depends on the kind of tradition, what kind of brokerage, the more traditional model that you’re joining. What do you reckon?

[00:19:14.760] – Robert Newman

So I think that this question is a little tricky because I think priorities that you need from your brokerage are going to depend on the kind of realtor that you are. I am the kind of guy that would really prefer a realtor, like a broker that I never ever, ever had to go into. If I never had to sit down for a real physical in person meeting, that would be the kind of broker that would appeal to me. I just don’t like it. I don’t like driving. Like, I don’t like going from place to place, which would probably make me a bad real estate agent to start with. But my processes would be built very much around getting as much done digitally as I could and then physically meeting only after I’d done a high level of communication qualification and then go show the home, show up an hour early, learn the home really quick before somebody came there themselves, and then walk somebody through the home. Now what does that mean in terms of support? That would mean that the broker that I would work with would have a lot of digital support, a lot of training online, a lot of like a really good internal IDX, really good internal brokerage tools.

[00:20:20.180] – Robert Newman

Compass might be a selection for me. EXP probably wouldn’t be unless I was interested in creating a downline through like, ongoing education and so money priorities that you need from your brokerage. Now here’s an interesting subject for you. Like in terms of brokerages that invest the most into their agents, the brokerage that probably does the best job of this right now currently is one that nobody ever talks about, which is the agency re. Okay. Mauricio Mansky, who was an agent himself for many years, worked for Hilton and Highland. I do not know personally of any founder that is more dedicated to putting more money back into the brokerage than him. He has an internal marketing department. They send their team out with like, real high quality physical assets along with a fairly strong set of digital tools for the agents to use. So he’s got everything. He’s got physical handouts. He’s got like, they also spend money on the assessment side of properties, which is very rare for brokers. They most of the time hand that cost and that responsibility back over to the agents, not the agent cre. They have an internal marketing department that does all of that for you.

[00:21:33.270] – Robert Newman

So in terms of a company actually providing physical support in an upper up scale market, the agency re, to me is like a hands down choice. If you happen to be one of those agents that’s like, listen, I’m a top notch professional, but all I really want to do is sell, and I want other people to supply me the marketing stuff. Well, one of the very few selections if you could get in would be the agent Cre, because they do provide so much support. They don’t hire agents willy nilly, which is crazy. They have nothing but super high qualified professionals at the top of their stack. Mauricio Mansky, to this very day, is one of the top producing real estate salespeople in the entire world. You cannot find a more qualified shop. So if that’s your kind of support that you’re looking for, and you already think that you’re an upper echelon guy and you’re willing to give up a bigger piece of your piece because all that shit that I just mentioned costs money. Like, it just does. So the agency re does absolutely take a bigger chunk of your deal than many of the people that John and I could talk about.

[00:22:43.440] – Robert Newman

So are they really right for you? Who knows? You got to decide for yourself what kind of agent you are. And last but not least, charges. I would be the kind of agent that wouldn’t need any of that shit. I don’t want fancy glossy brochures. I’m going to do the entire sales process myself. I want you to charge me as little as possible. I can go learn my digital stuff by following people like Ricky and other people handy online. I absolutely. And then I’ll test it out with clients. I’ll test it myself. I do not need anybody to support me or tell me whether I’m doing a good or bad job, but I’ve got 30 years of sales experience, so I don’t need any that stuff. So the charges that somebody would have to bill me would be minimal, extremely minimal, John. And I would support like, if I wanted like a digital transaction tool or something like powered by Nile to support my transaction process, I would pay for that out of my own pocket and let that be part of my own internal charges to process the deal. I’d also hire a lot of Vas.

[00:23:47.180] – Robert Newman

That would be how I would do it. My processes will include anything at all that I didn’t want to do, like posting stuff to social media, which should be done. I wouldn’t do it. I’d hire a va for $5 an hour out of the Philippines and call it a day. Let them post it, create the process once, let them do it. So when the broker or my real estate company came to me and said, oh, Robert, we support you socially, we do this and this and this, I’d probably laugh at them. There’s no way that a broker would be able to support me in a way that would be meaningful to me with my skill and my level of experience. No way. So you better not charge me for that stuff. And last but not least, when it comes to charges, John, I don’t know if you’re aware of this. I suspect very strongly that you are. But at the highest level with the biggest brokerages, some of their main recruitment tools are doing things like buying master licenses to boomtown and KBCor and other services. But that stuff is not free to the agent.

[00:24:44.800] – Robert Newman

They pass along all the charges to the agent. I see. You want to say something? Join the.

[00:24:53.120] – Jonathan Denwood

Yeah, I don’t know if, am I right? That EXP KV core is still a main part of their digital package. I don’t think they insisted that use it. I know some of their biggest infant online training influences emphasize that that that’s one of the problems I have with it because I don’t think it’s a very good platform myself, but I would say that, wouldn’t I? But I do honestly believe that. I don’t think it’s particularly, I don’t think you’re you, you love it either.

[00:25:34.720] – Robert Newman

So I don’t, I mean, it’s the it’s the McDonald’s of the real estate CRM industry. And, and for some people it will work. It’s slow, it’s clunky. It does do a lot of the key things that you needed to do. It’s on the cloud. It’s cheaper than most. Yeah. I think I’ve said this before publicly. I’ll say it again. No, I don’t. I am not in love with KVcore. What I love for KVCore with Exp specifically is that you guys got, you got guys like, like Kyle Handy who have produced very transparent and clear content that very specifically shows you how they are leveraging the platform and oftentimes they leverage it to profit. I love that it is a clear and transparent linear way for you to understand how other people are using it. But here’s the problem. Is it going to work for you the way it works for Kyle? Probably not. Probably not.

[00:26:34.290] – Jonathan Denwood

That area is this kind of boutique broker who is very good at marketing, that’s built a local, regional brand and you are gaining recognition by linking yourself to that region, that local, regional brand. I forgot your second name. Peter. I asked him back because I think he’s gone. You said he sold his brokerage in. He did, but I think he’s still active.

[00:27:09.120] – Robert Newman

So he might be. I’m pretty sure. Sure he sold his brokerage to compass. Whether or not he’s active or not, I have no idea.

[00:27:17.010] – Jonathan Denwood

I still follow him. He, he’s very effective on his marketing. He, he knows what he’s doing or he has people that are working with him that really know what they’re doing.

[00:27:31.200] – Robert Newman

So John, I would love it if for the audience that’s listening. Peter was a guest that we had that is a former record producer, somebody that a lot of us in LA know. He built up like a team, a real estate team in record time. Like two years, 150 agents. It was crazy. Incredibly successful. And so Peter came onto the show. John, if you remember, maybe you put that other episode in the show notes so that people can go back and reference that other show anyway, so that’s what, that’s what John was talking about. Peter was really cool, very effective social marketer. One of the very few guys that ever came on the show and just said to us all, like to John and I very transparently, hey, we don’t focus so much on CRM systems here. We focus on social marketing. And I just show my team how to do that. That was literally something he said. One of the very few brokers that’s ever come on the show with us and said something like that. To my recollection, do you?

[00:28:25.550] – Jonathan Denwood

Yeah, I think you’re right there. And he’s very outgoing. You know, he’s very persuasive. You could see that he would probably be very effective in running. And his wife was also a key part of running the business. So I think they run a pre. I got the impression, I don’t know precisely, but I just got the impression they probably run a really tight ship and they knew what they were doing.

[00:28:55.180] – Robert Newman

Yeah, I did the background research for everybody that’s there. Peter and his wife actually did like 80% of the brokerages production, but they produced 180 million. Peter was already successful and famous off a show that he got onto. And so he pulled in a lot of leads off that show and they closed a lot of the business. But that doesn’t change the fact, ladies and gentlemen, for those of you listening that want to build a team, Peter and his wife, regardless of the team’s production, were some of the best people, builders and leaders that we met. Highly charismatic, moving in the direction of process, moving lightning fast in the real estate business. Got themselves a show, got popular, saw the writing on the wall in terms of how long it would take them to train people to produce as much as he and his wife produced and then sold the brokerage. Peter was very smart in my opinion, John. And since we’re talking to everybody here, our audience as human beings who are business owners, hey, listen, there’s another way to go about this. Not generally the way that John and I talk about, but there’s a way to build up a team, build up some buzz, and then sell everything fast.

[00:30:02.040] – Robert Newman

And that’s what Peter did. You should listen to the episode because it was a world class get for us as two podcasters. Peter was amazing.

[00:30:11.240] – Jonathan Denwood

I think if you, if you’ve got a player in your local area, region that is doing that kind of social brand, building a brand, it’s something that you might benefit from joining. But a lot of national franchise brands and to some degree, local or regional, you know, brokerages are a bit stale, aren’t they? I don’t really think unless you’re starting off in your career, they’re offering that much.

[00:30:52.990] – Robert Newman

Agreed. Keller Williams is. So here’s the recommendations I make. You’re year one. Like year zero through three. Keller Williams is a great place to start. Still have a lot of training material physically that they hand off to their marketing centers. They’re very good at it. They teach you process really well. They came up with a very clever way to basically organize a real estate business. And so it teaches you a lot about process. And then once you’re through year one through three. Personally, if it was me, I probably would look at one of these big digital virtual brokerages. And real, there’s another one, I think, called Realty one. There’s yet another one called Exp, which is what we’re talking about. But we’re going to compare some of these for you. We’re going to do bonus material. Now, we’re at the end of our primary show, so we’re going to do ten extra minutes where we’re going to talk about comparing exp realty to some of its main competitors. Some of the people that I just mentioned. We’re going to run through a small list and we’re going to do a comparison. The big buzz out there right now, John, which I don’t know how much you’ve heard about them, is real.

[00:31:53.240] – Robert Newman

That’s where a lot of our agents, Matthew Lawson, other people are transferring their licenses to. Have you heard anything about these guys?

[00:31:59.930] – Jonathan Denwood

No, I’ve heard of them, but I didn’t do much research on them because I. You have mentioned them before, so I was assuming that you would have something to say about them.

[00:32:11.470] – Robert Newman

Okay, so, yeah, real is, um. I. I have mentioned them before because once Matthew, who I still kind of like, follow digitally, he is the founder of a group. Well, he is a co founder of a group called a YouTube mastermind for real estate agents. At this point, the group has like 12,000 people. Matthew is officially, like, an influencer. I forget how many subscribers he has, but it’s a lot, like, at this point, like, he’s got all the awards and the YouTube gold records and all that shit. He’s become a thing. And in that thing, he also has become the number one recruiter for real. He has influenced more people to join real than any other person around. That is Matthew Lawson. So he’s officially become a truly important influencer for a brand new brand. Through Matthew, I decided to check real out. And what I discovered is that they have a stronger seeming mission. They seem to be wanting to fix some of the mistakes that ExP made. So as ExP grew and grew Willy nilly, they started to develop a lot of the same problems that every other multi level marketing company before them has developed, which is people that get in there to not so much create value around the buying and selling real estate, but basically create value around the idea of recruiting other people who are then going to go out and sell real estate.

[00:33:34.950] – Robert Newman

I was approached with this very idea myself three different times by three XP people. They all wanted me to basically be an influencer without selling any real estate. I’ve been involved in a lot of multi level marketing things over the years. And while I did see a way that I could make some profit, probably make it easy and big, I learned a long time ago not to attach myself to a brand until I am really, truly integrated into its core philosophies.

[00:34:02.170] – Jonathan Denwood

Because, well, you know my feet, that because I’ve expressed it to you on the show before and because I come from England, these type of schemes are totally illegal in the UK. You can go to prison by running one of those type of schemes. So my cultural background I would never get involved with. And that’s why I wouldn’t get involved with ExP, not for that reason from my cultural upbringing. I just wouldn’t be comfortable in getting involved with it. Even though it’s totally legal here, isn’t it?

[00:34:47.220] – Robert Newman

It is, and it’s. I want to be clear, I kind of. I kind of side with John. If John and I are both saying that we wouldn’t sign up for it and we’ve been approached, I think that probably says everything that we need to say as podcasters to you, the audience listening, you want to do what you like, you want to complete your research. I still say, okay, but I will say this. It is a rapidly maturing multilevel marketing model. And before you decide that you’re going to sign up for it, you should do some of your own research on what happens in rapidly maturing multilevel marketing models. There are not that many that are successful, and the only ones that really have, have become more like store owners that are run out of their houses, like Amway.

[00:35:32.160] – Jonathan Denwood

So, and I think you’re very intuitive in what you’ve just said, because that’s what I’ve heard. And I think what you’re saying about real is it’s attractive as long as it doesn’t become over. The main purpose is no longer selling property. The purpose is to get new recruits in.

[00:35:57.070] – Robert Newman

Correct.

[00:35:57.610] – Jonathan Denwood

And that’s the problem. I’ve heard about them, and I think you were. I’ve interrupted you, but only to say you’re spot on. What you’re saying about real is that you feel they haven’t gone down that trap. Is that what?

[00:36:12.800] – Robert Newman

They have yet to go down that trap. They’ve agreed that they want to grow slower. They have focused their recruiting efforts on particular people instead of just anyone. They are experiencing rapid growth and seem to have better processes and systems. But I say this is a guy who spent about 6 hours researching him and no more than that. And so I do not know that for sure. This should not be, and this should not be, as an endorsement. This should just be heard as. I was curious. I didn’t even; I’m not even a real estate agent. I was just curious because Matthew is so hot on him and, over the years, has been following him. He is a guy that influences me.

I like his content. He has always been really forthright about his successes and pitfalls as a real estate YouTuber. Like, you know, he posts his relationship statuses online; he has wins and failures. He’s one of those people that lets you into his life, John. And because he does let me into his life, wins and losses combined, I grew to trust him as a content producer, so I pay attention to what he’s talking about when it comes to real.

[00:37:25.690] – Robert Newman

And so far, he has had nothing but good things to say about them, and I have no reason to believe that he would like, even if it was to his detriment, I believe he’d say, wow, this isn’t what I thought I signed up for. He would say that, but he hasn’t done that. It’s been years. Anyway, that’s a good enough point. There are other people to compare, like reality. But honestly, I have not done enough research. I don’t know that John has. So we’re going to leave the comparisons off there. We appreciate you listening to the show. As usual, we’d like to ask you to share thumbs-up comments. It helps the YouTube algorithm a lot. It helps with moral support for John and me. We’ve been doing this for years, and you probably think we will do it no matter what, but it makes our day when all of you comment.

[00:38:09.980] – Jonathan Denwood

Like sharing, sending love to Rob, and sending him a digital ice pack; he needs it. So send him some love, listeners, and viewers. He looks like he’s been in a prize.

[00:38:24.180] – Robert Newman

All right, so John, not faithful. All true. John, how would you like him to do that if you wanted people to reach out to?

[00:38:32.170] – Jonathan Denwood

I’m such a piss artist, so I can’t help. It’s the Englishness; it just comes out, folks. I can’t help it. Thanks, Rob. The best way is to go to the male hyphen write.com website, look at what we offer, and then book a chat with me. I would love to discuss, show you some aspects of the mailrite system, and become part of the tribe. We’re a small platform. You get a lot of individual attention from us. Back over to you, Rob.

[00:39:06.410] – Robert Newman

I love that Mail-Right is high-touch. That’s very important for some of you, especially. Less experience should equal a higher touch vendor you need in your corner. Okay. Inbound Rem does the same thing, but at a different time; we’re targeting a different client. We’re targeting content producers who are retiring long-term thinkers. We’re targeting, and our website has massive content, like reviews and deep analysis for local, traditional SEO, pay-per-click, and even Facebook marketing. However, though I recommend John’s content, which is probably a little more than ours, we have some. So it’s a one-stop-fits informational place to arrive at these days. Anyway, I so much appreciate everybody. John, I understand you. And he’s not wrong. If you want to amuse yourselves, you should look at me. I’m pretty beat up. All right, without any further ado, take us offline.