Think Bigger Real Estate

A salaried real estate team? That’s not a common thing to hear in a commissioned-based industry. According to Danny Brown, Founder and CEO of Myriad out of Arizona, there are few cons and mostly pros to this unique model. In this episode Danny talks about why all real estate team leaders should consider a salary-based model.Some of the benefits that Danny shares include:  Happier teammates as they’re not worried about their next check His ability to offer 401k, health insurance, and a supportive rather than competitive culture A client experience that is not clouded with an agent’s need to get a certain outcome to ensure that the agent gets paid. A bonus system in the form of a referral fee commission when the lead is sourced by the salaried agent Some additional insight that has made this model work: Recruiting people from outside the real estate industry (like the currently hard-hit real food and hospitality industries)  Helping his employees see what the average income is for agents in the AZ market ($28k