160507TA – Lance Loken SUCCESS CALL


May 7, 2016 SUCCESS CALL with

Lance Loken

Running Time: 1:29

SAMPLE this call … listen to the first 15 minutes below …

***Note: If you can not see the audio player above, REFRESH your browser and try again.

To listen to the ENTIRE call, click here: Lance Loken SUCCESS CALL

Background:

Lance Loken is with Keller Williams Realty in Houston, Texas.  Last year he and his team closed 992 transactions with a total sales volume of 218 million.  His average sales price was 219 thousand of which 46% were buyers and 54% were sellers.  He has a 37 member team:  7 buyer agents, 3 listing agents, 8 inside sales agents, 9 support, 2 builder relations, 1 recruiter, 6 outside support, and 1 team leader.

Lance Loken is the team leader of The Loken Group.  He has been an agent for 5 years.  He and his team have sold 2,278 homes in their short 5 year career.

In this call, Lance talks about:

  • Applying lessons from high-level corporate America to his real estate team
  • His quick start and selling 49 home his first year
  • How he personally sold 200 homes in 2014
  • Closing 992 homes last year with only 10 production agents in the field who averaged 99 closings each
  • How his listing agents are averaging 15-20 listings per month
  • Setting big, huge, audacious goals and a plan to achieve them
  • Planning 10 years into the future
  • Why focusing on team culture is the key to individual success
  • Planning for success with a mission, vision, and values statement
  • Empowering your people to make decisions and drive the organization forward
  • 5 key people and succession stacking in each of 5 departments
  • Focusing on and mastering only one new lead generation source each year
  • How to generate business from past clients, sphere of influence, expired listings, home builders, radio & TV ads, and agent referrals
  • Team dynamics, compensation, profit margins and more

2015 Stats:

  • 992 closings
  • 218 million sales volume
  • 37 member team:
    • 7 buyer agents
    • 3 listing agents
    • 8 inside sales agents
    • 9 support
    • 2 builder relations
    • 1 recruiter
    • 6 outside support
    • 1 team leader

Niche:

  • expired listings
  • agent referrals
  • radio & TV ads
  • home builders
  • repeat & referrals
  • past clients
  • sphere of influence

To listen to the ENTIRE call, click here:  Lance Loken SUCCESS CALL