#172 with Ruben Garcia: Everything You Need to Know to Get Your Real Estate License & Taking Massive Action

Millennial Millionaire Real Estate Podcast

English - February 10, 2021 19:10 - 49 minutes - 91.6 MB - ★★★★★ - 56 ratings
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Previous Episode: #171 with John Warren: Scaling to 62 Units Through Creative Financing Strategies & Growing His Real Estate Agent Business to15 Million in 2020

Next Episode: #173 with Josh Anderson: Building a Brokering/Investing Business With Over 70 Doors

In this episode, Jonathan Farber interviews Ruben Garcia on his path from leaving UPS as a driver to get his real estate license to building a thriving business that harnesses the market through consulting, investing, and brokering real estate. Ruben is a real estate agent based in Fayetteville, North Carolina. In this episode, we break down topics like: finding the real estate strategy for you, how to find the right broker, commission structure on a brokered sale, and more!

Top Takeaways:

Choosing a strategy for starting in real estate - 10:00 - 12:15

If your approach doesn’t match what you want out of it, you won’t last long
A brokerage isn’t easy to start, but getting on track now will help later if you want it
For your asset type, it may just make more sense for you to find a good broker nearby

Finding a broker that will drive you forward - 13:00 - 17:00

Start at your fundamental real estate dreams
The brokerage you want is one that will help you grow the skills to use your real estate for you
The fee breakdown will directly affect your bottom line, so look closely

Breaking down the commission split on selling a property - 17:45 - 21:30

Based on market, agents get around 6% of the closing cost
The buying and listing agents then split that between them, then among each firm
Having an open discussion about fees up front helps make sure everything stays fair

How to bring value to Ruben Garcia:

Check out his PASS play real estate course

Resources:

kw.com

exprealty.com

liondesk.com

rubengarcia.exprealty.careers/

ruben-s-school-d435.thinkific.com/courses/p-a-s-s-play

Social Links:

https://www.biggerpockets.com/users/ProvenByRuben

Ruben Garcia on Youtube

@provenbyruben