Manage episode 520106550 series 3511786
From fix-and-flip investor to Founder and Owner of the #1 real estate team in California and #3 in the United States, Sam Khorramian has been driven by “pigheaded determination.”
Sam talks through primary drivers of his success, including “wow” experiences, a differentiated business model, and a roll-up strategy for business growth. He explains why it made sense to go from independent brokerage to a team brokered by LPT Realty.
Learn to acquire complementary businesses outside of the three most common ancillaries and RESPA requirements with no money out of your own pocket - with an example of how those deals are structured. And learn how to make your real estate team a more valuable acquisition target.
Watch or listen for Sam Khorramian’s insights into:
- Why pigheaded determination is a leadership superpower
- Tapping into the unquantifiable power of “wow” experiences (inspired by Ritz Carlton)
- Pioneering a new business model when launching a new brokerage (with a caution from Mike Ferry)
- How a 100% commission, $300/month model worked for agents and for the brokerage
- Growing 2.5-3x by partnering with LPT Realty
- Creative business acquisitions outside of the common ancillaries and RESPA requirements
- Ways to structure a no-money-down acquisition through seller financing, asset-based loans, and other strategies (with a specific example)
- Why real estate teams becoming more valuable than brokerages
At the end, learn about underdogs, expensive passions, and masterminds.
Mentioned in this episode:
→ Big Block and LPT Realty (webinar) https://youtu.be/-kMlDY4KLuk
→ The New Gold Standard (book) https://www.josephmichelli.com/yournewgoldstandard.com/
→ Epic Network https://epicnetwork.com/
→ Mango Automotive https://www.mangoautomotive.com/
Connect with Sam Khorramian:
→ https://www.instagram.com/the9thzero/
Connect with Real Estate Team OS:
→ https://www.realestateteamos.com
→ https://linktr.ee/realestateteamos
→ https://www.instagram.com/realestateteamos/
139 episodes