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Mike Powell and Tim Macy #2

Episode 197: Attention RE Brokers and Agents: Times are Changing for the Good

Mike Powell is a creative real estate investor from San Antonio, Texas. He began selling commercial real estate in his early twenties to put himself through college at Texas A&M.

His goal was to make his first million by age thirty. He smashed that goal. Today he specializes in finding private lenders, seller financing, and buying self-storage facilities.

Mike continues to grow substantially year after year and attributes his success to God and his endless desire to keep learning and improving. He says, “I am a reflection of the mentors in my life.”

Tim Macy is an Air Force Veteran and Real Estate Investor. He is a licensed agent with eXp Realty and leader of the Terrell-Macy Group. Tim and his partner Emily bring a unique product to the San Antonio real estate market, offering investors an investor friendly team while providing all of the great marketing and sales of a retail team. Tim is experienced in renovations, rentals, REOs, auctions, owner finance, and many other types of transactions.

What you’ll learn about in this episode:

  • The new revolution coming in the real estate arena
  • How agents can build an income stream with this new revolution
  • How to get paid commission for people under you without having to “babysit” them
  • The importance of a platform for a business
  • Secrets of the trade that have made eXp grow and become successful so quickly
  • Why someone would want to leave their current brokerage for eXp
  • The flexibility that eXp allows brokers to have
  • How eXp fixes the problem of brokers getting tied up in day to day tasks
  • The meaning of gross commission income (GCI) and what it means for brokers
  • The strategy eXp uses to grow as a company and retain their top agents
  • How social media allows the cloud based company to remain a tight-knit group
  • Questions to ask to add people to your team
  • The benefits of monetizing a deal more than once
  • The vast reach of eXp across the United States
  • Pros to being diversified across markets
  • The importance of strong commitment
  • How to get involved with eXp
  • Advice on how to level the highs and lows in real estate
  • Why you need to get out there and get in front of people

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