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WATCH: Keller Williams’ Jay Papasan’s pep talk on the business of real estate

Keller Williams‘ Jay Papasan shared his enthusiasm for the real estate industry last Wednesday when he gave a talk on the 10 reasons the real estate industry “can be one of the most amazing careers and business opportunities you can have.”

Among them are a low barrier for entry, a limitless financial ceiling, schedule flexibility and a high financial return for the effort that agents put in (versus a salaried position.)

He revealed that 166 individuals at Keller Williams had already made a million dollars in the first six months of this year. That compares to 2002, he noted, when he and his co-authors of The Millionaire Real Estate Agent struggled to find agents making a million dollars a year. They found just 27.

These days, some agents at Keller Williams have been making a million dollars a month. Furthermore, 600 agents are on track to make a million dollars this year, he said.

“So even if our margins are being squeezed, even if we look up and say, technology is maybe changing things, the opportunity to own a bigger business, the opportunity to have a bigger impact every single year, that bar goes up, and every single year, I get surprised,” he said. 

Watch the video for more inspiration on why Papasan is so jazzed about real estate as a career and a business and why your agents should be too.

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