Profit Share Mastery Podcast

Can You Have Monthly Recurring Revenue as a Real Estate Agent?

Episode Summary

Pres and Linda McKissack discuss the fundamental flaw with the real estate industry. Despite being the BEST industry there is, the one thing that's missing is Monthly Recurring Revenue (MRR. The two discuss how to work that into your business, and how Profit Share is one of the best ways to add MRR into your real estate business.

Episode Notes

In this episode of the Profit Share Mastery Podcast, Linda and Pres McKissack discuss the fundamental flaw in the real estate industry, which is the lack of recurring revenue. They explore the concept of building monthly recurring revenue (MRR) and how Keller Williams provides a solution through profit share. The potential of monetizing the agent's database and the benefits of owning one's own tech platform are two ways to build MRR. The conversation emphasizes the importance of taking ownership in Keller Williams and building a virtual market center through profit share. 

Takeaways: 

1. The real estate industry has a fundamental flaw of lacking recurring revenue. 
2. Keller Williams provides a solution to this flaw through profit share. 
3. Agents can monetize their database and build monthly recurring revenue. 
4. Building a virtual market center through profit share offers opportunities for growth and success.