18 min listen
EP 340: TigerProp Eliminates Real Estate Broker Fee, Did $800k in 2015 with Max Coursey
EP 340: TigerProp Eliminates Real Estate Broker Fee, Did $800k in 2015 with Max Coursey
ratings:
Length:
21 minutes
Released:
Jun 29, 2016
Format:
Podcast episode
Description
Max Coursey, a real estate broker and the founder of Tiger Prop - a real estate brokerage company that’s giving its buyers their money back. Tune in to hear about Max’s innovative brokerage model, how to create an insanely successful co-working space, and why you should be having more fun. Famous 5: Favorite Book? – The E-Myth Revisited What CEO do you follow? — Elon Musk Favorite online tool? — Paperless Pipeline Do you get 8 hours of sleep?—No If you could let your 20 year old self know one thing, what would it be? — How to bite my tongue Time Stamped Show Notes: 01:04 – Nathan’s introduction 01:25 – Welcoming Max to the show 01:34 – Tiger Prop is a residential real estate brokerage in Boise 01:55 – They credit 20% of brokerage fees back to the buyer 03:22 – Why do people choose Tiger Prop over other brokerages? 03:25 – They standardize professional photography, signs, flyers, and videos 04:20 – They don’t take any money unless they move the property 05:30 – Tiger Prop was launched in 2013 06:04 – First-year revenue was around $200k 06:39 – Now have 39 agents 07:22 – 2015 total revenue was around $800k 08:20 – “We’re starting a new co-working space in downtown Boise” 08:45 – Sharing space with a designer furniture gallery 09:16 – All agents are on the same split - Tiger Prop takes 30% of the brokerage fee and agents take 70% 10:31 – The total revenue figures only include commission charged 12:09 – There are multiple revenue streams in the building: furniture, coffee, and - soon - printing 13:50 – Connect with Max on Twitter or at Tiger Prop 15:29 – The Famous Five 3 Key Points: If you’re in the business of selling, then find and pay the best agents you possibly can. The better your people, the better your business. Find ways to make the space you work in, pay. Have as much frickin’ fun as humanly possible Resources Mentioned: Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible. Freshbooks - The site Nathan uses to manage his invoices and accounts. Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+ Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books. Show Notes provided by Mallard Creatives
Released:
Jun 29, 2016
Format:
Podcast episode
Titles in the series (100)
How to Run Profitable Event And Become Rich With Joe Pulizzi: Nathan Latka brings you top entrepreneurs daily inspired by Tim Ferriss, Pat Flynn, John Dumas, Entrepreneur on Fire, Chalene Johnson, NPR, HBR, the StartUp podcast, Art of Charm, Dave Ramsey, Planet Money, APM Marketplace, Mixergy, Seth Godin, #AskGaryVe by SaaS Interviews with CEOs, Startups, Founders