WORK THE SYSTEM #podcast #entrepreneur #shorts #leadership #PassiveIncome #RealEstateAgent

20 Aug 2024 · 1 min

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0:40

Steve D Valentine explains a compensation-and-investment strategy for real estate professionals and investors: because his investment/flip income is significant, he can pay himself higher commissions on sales to reach production-reward thresholds faster (and receive stock/other rewards), noting taxation parity makes this feasible. He frames it as testing which levers (recruiting, wholesaling, investing) work for different roles and focusing on what’s possible within existing programs.

Chapters

Not everybody wants to go from real estate agent to recruiter. So when I was here I'm like okay, so does it work for my investment space? Does it work for the wholesaling? Right? Does it work for all these things? Can I still pull all my levers right? And what I factored in was which also works on your end and anybody is doing the investment side. I started factoring in well because of the amount of investments and flips and things that we own. I can also hit my production quicker by paying myself higher commissions because I'm going to get taxed the same. There's nothing that says I can't pay myself more money to sell a house. So I do that to get to my production rewards faster, which I'm getting the stock and the other. So it's just a game and looking at what is truly possible with all that they have to offer. And so those are some of the things.