KGCI: Real Estate on Air - AI, Automation & the Human Advantage: The Future of Real Estate with Leo Pajera, CEO of eXp Realty
Episode Date: June 27, 2026Summary:In this episode of The Agent Goldmine, hosts Ali Garced and Shelby Johnson chat with Andrés Quesada, licensed agent and the Head of Automation Strategy at eXp Realty. Andrés reveals... how real estate professionals can eliminate repetitive, mind-numbing data entry to unlock massive leverage and scale their backend systems. From exploring screen-scraping robots to forecasting predictive AI transaction agents, this tech-forward interview provides the exact blueprint to stop clicking buttons and start moving the needle.
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Hi and welcome to Let's Talk About Real Estate Podcast, the podcast for real estate agents absolutely everywhere.
I'm Lisa B, and during this podcast we're going to be talking about everything real estate.
What's working, what's not working?
AI, automation, technology, EXP Realty, and absolutely everything to do with real estate.
I'll have guest speakers as well where we'll answer your questions from the Facebook group, let's talk about real estate.
So if you haven't joined the Facebook group, make sure you do that now, and we'd be happy to help answering any question.
And again, welcome to the show.
Welcome everybody to this week's edition of Let's Talk About Real Estate.
And we have a very special guest today, don't we be on?
We certainly do.
We have our CEO of EXP Realty, Leo Pereira.
Hopefully I'll pronounce that correctly.
Welcome to that show.
You did really good.
You did really good.
Thanks for being here.
Hoorah, which is a happy name.
It's awesome.
Yeah, thank you so much for joining us, Leo.
So we have quite a few questions for you this morning as CEO of EXP.
So we're very curious as to what your vision is for the future of EXP over the next, say, three to five years.
Yeah, so the great question, one that I feel like I get asked quite a bit.
And whether it's Wall Street, whether it's agents considering coming over today.
I don't know most of you guys know or assume, but I
spend 60% of my time talking to agents, whether it's one to one or one to many. So this,
this is recorded one to one, but it'll be one to many. So this is a pretty good example of like,
well, what I have spent my days. And I just spoke to Wall Street analysts who was asking us
about the macro and international was a big part of our conversation. So, you know, the North American
markets are our biggest segment, U.S. and Canada. But we just announced our Q4 earnings and
Q1 earnings and we had a 103% growth in international year over year. So like really big. It's still a
small percentage of the total revenue bucket, but it's like doubling is a big number, right?
Order over quarter from the, by the year. So Q1 of 24 to 25. And as you guys know, Glenn just
spent the last year obsessed with international. And the fun part about,
expanding to new countries is that we get to take all the stuff we learned in North America
and not make the same mistakes and then localize it.
And what I'm most excited about right now is the proliferation of all the different AI tools, right?
And I truly believe right now we're about to become superhuman in many ways, right?
We can do a lot more with a lot less.
And if I look at the significant shifts we've seen in technology, I've been in the business for 23 years.
And the two big ones I lived through were high-speed internet and then mobile.
And for young people watching this, are like, what is he talking about?
Right?
Like, I'm old enough where in order to look up listings, I had to drive to the office because the internet at my house didn't exist.
Like I had a home computer, but it wasn't like talking to the internet in real time.
So I remember when my office first got a T1 line.
It was a big deal.
We were no longer dealing with dial-up internet.
And then, you know, we got mobile devices that became the remote controls to our life.
And again, I'm old enough where I was selling real estate with maps.
And I was like pulling out these things and, you know, holding them like this in my lap.
And I was probably a menace to society.
And then this thing came out, right?
And this is really a remote control to your life, right?
And so what did that do?
It made the transaction much faster and easier.
So, for example, in 2002, the fastest I could sell a listing was probably two or three weeks, right?
Because once I put it on the MLS or a portal in your guys' world, it would take, like, the other agent would call me and leave me a phone, a voicemail in my landline.
Then I'd have to call the seller back and then schedule the appointment.
all of these things that, like, best case in area, if it was a hot property and it was priced
aggressively, it would still take me weeks, right?
Versus now there's a digital kind of flow of information.
It goes live into the MLS and gets syndicated to all these portals and websites.
Consumers from around the globe can see it.
You know, they can do a virtual tour with a phone, right?
And I'm sure you've had folks from all over the parts of the world buy in Australia remotely.
you send them the contract digitally, you present it digitally, and you execute it digitally,
and something that once took weeks or months now can be done in days or weeks.
And so, excuse me, one of the things that I saw with both of those giant leaps in technology
was that it augmented my strengths.
So what do I mean by that?
like my one of my strengths as a person is a communicator right like the high speed internet allows me
to do this what we're doing right now with 82,000 people right? I was actually just I just did a panel
at a national conference and there was brands from all over there so the CEO of remax was right
after me the CEO of Kelly Williams was right after him like every global brand was present and they asked
me a question of like where do you see franchises and I said franchises are dead it's old technology
And this is what I meant.
Like once upon a time to take remax to Australia or Kelly Williams to Australia,
someone bought the rights, flew to Austin or flew to Denver, kind of got the gospel and then
took it back to Sydney and sold it.
Like you guys are in a one-to-one digital relationship with me, right?
Like you guys just, we have a very flat organization.
You ping me.
You put it on my schedule.
And we're doing a podcast live.
You're asking me whatever you want.
It's not scripted.
You both interact with me on social, right?
like I put out a lot of content on both Instagram, Facebook, and LinkedIn.
So in a way, we're omnipresent and we're connected, right?
Social and high-speed internet and mobile strengthened my strengths.
AI is the first time I've experienced that something filled in my weaknesses, right,
which is a really big paradigm shift, right?
Like, I've, if you've ever been in a room and Bjorn, you've been in masterminds with me
in in Lisbon.
And I'm going to hopefully see you in Barcelona in a couple of weeks, right?
Not heading over there this time, but it was Vegas where I met you originally.
No, it was Vegas.
It was in the Vegas.
I remember your input because of the differences and models.
But my point is I actually did not do a lot of written communication because I'm pretty sure I'm just not diagnosed,
but like dyslexic or ADHD or whatever the stuff that, you know, we all have that didn't
have a label in the 80s.
And so I just didn't do it.
And I didn't do it because it took me a long time.
It was painful.
I was self-aware of it.
I made a spelling mistake no matter what, how many times I read it.
The words would move on me.
And I just didn't do it.
And one of the mantras that I've always lived by is, hey, ignore your weaknesses and lean into your strengths.
But these tools can actually allow me to do things I couldn't do before, right?
Perfect example.
Glenn is he's he's drafting a book and it's like kind of his life story and he's like hey here's a draft and it was 80,000 words.
Like there is no physical way I could read that and consume that in the workload I have and the way my brain's wired and still like do it in a reasonable time.
I dropped it into 11 labs.
I had it turned into audio in Glenn's voice.
I put it on my iPhone.
I listened to 2X and it went from three hours, six hours, six hours.
hours to three hours and I consumed it over a weekend, like between my workout and like cooking
for the family, which I love doing on the weekends. So it didn't interfere with my, my time management.
And I was able to consume it in a format that I like to consume information on, right? Like most people
can't listen to 2X entertain information. My brain's wired differently. So I can. And so like now I can
write pretty complicated things. I can and I can do it in my voice. And like we have a GBT internally that's
trained on all the content I've ever created.
Right.
So the marketing team can actually, you know, a lot of times when you saw my name and
email come out company while they had my name on it, I actually approved it because I'm
very careful about my voice.
Well, now the GPT can, they can actually take something they wrote and say, put into
Leo's voice.
And typically, it'll shorten it and probably make it more aggressive and more direct.
But it knows how I talk because it has thousands of hours of me talking.
Right. So all of us are about to get that level of lift, right? And so this is not a, if you want to, it's kind of like, as silly as it sounds like I actually argued with an agent in 2003 about email. She told me she's like, I'm going to keep my line line in the fax machine. This thing's a fat. I'm like, Betty, I don't think so. And by the way, she was in her 70s. And so in fairness, just she didn't care. She's like, look, I'm going to.
I'm going to ride this to the wheels fall off, and she did.
But this is one of those, this is email, this is internet.
This is high speed internet.
And the folks who use it will outperform the folks that don't.
And can I ask, okay, so you're talking about it from a micro level really of you
with your weaknesses that you can plug them in with AI, but also it goes more than that
the weaknesses of, say, expe or the things that we can improve on.
so then you can look at a macro level of what AI can we put in to plug in all those gaps too,
which is more, you know, even more exciting from a business perspective, isn't it?
So we can all do that individually.
But as a business, I'm sure there's things that you're working on with that as well to plug in those gaps.
And so exactly what I'm telling you as an agent, we're going to do at scale.
And when I say we, it's like organized society, right?
There's a couple of thoughts I want you guys to think about as you can assume what I'm saying.
One, there is no gatekeepers with this technology.
So for example, like let's say a new software comes out, a new software language like Ruby on Rails or React and Node and JavaScript.
Like 99% of the population, it's like, okay, right?
And websites move to, most websites are now.
on React and and and and and and um a version of of Java because it's like 80% bilingual between
iOS and web browser right so a lot of like Facebook Instagram they're all built on this.
Zillow.
I bet you your your national portal is built on it because it's really map friendly but like when
it came out it was big deal for engineers but like for us it's like okay whatever right
we now have access to create anything we want on on the planet.
from a light app build to a light website build, right?
There's apps like Lovable and WinSurf and cursor.
You are all getting an upgrade to your GPs very soon with a product called Codex.
And Open AI just bought WindSurf, right?
And what all these companies do is they allow natural language programming.
So you can literally say, hey, it's Lisa.
I want a personal website.
I want this to be the URL.
look at Bjorn's website, look at Lisa's website, look at Jenny's website, and create a draft,
and I wanted to have these three taps. And then it gives you a sketch. And then you can go back and be like,
okay, move the button to the left, add a login page, make sure you can authenticate with Google and meta.
And like, this is the crazy part. And this is the part I've never experienced in business before.
And again, put yourself in our front-line people's shoes because it applies to you as business owners.
It applies to employees.
Your broker or your people on the ground in Australia know more about Australian real estate than my engineers sitting in the U.S. or India.
So in a natural language prompt, I think our frontline contributors could build more useful tech.
and I'm talking about right now
and definitely in six and 12
and 18 months from now, then my programmers
can. But I still think I need
the programmers to go make sure that the back end
database speaks to the front end and does the
tech stuff.
But like, I've built, I don't know if you guys know, but I'm a
founder of a tech company previously to being at
XP. There's always this workflow problem where I would sit down
with a product manager
who would then create requirements
who then give it to a designer who would
design the front end and kind of like a figmer and sigma workflow. It's called a wireframe.
And then they would show me, are we hot or cold colors, pallets? And then they'd give it to like
a front end person and the front end person would make sure it's functional. And the back in person
would make sure that the database, it's reading is nonrelational and does all the things it does.
Guys, that was a six-month process if I was lucky. Right? And I normally didn't see a draft of it
for months. And it was like, no.
Oh, you guys missed the boat on this.
This is not what I was thinking.
Versus now we flipped it where I'm like, hey, here's the template of what I want.
Right.
And by the way, this is like 80% functional now.
Go make sure that like one of the things I envision enterprises, and again, I reserve the right to be wrong and this is what I do for a living.
I get to be recorded and be right or wrong all the time.
But like if we fast forward this movie three, five years from now, I think enterprises like ours,
come a really sophisticated data leak repository.
And then Lisa and Bjorn will be citizen developers who build their own workflows.
And you just need to plug into my endpoints, right?
Where you guys can be able to in real time say, hey, who's the best agent in Perth?
I want to send a referral that way.
Right.
And in real time, I can give you dynamic information that's accurate.
All that stuff.
will make the world different.
And just like the people who really adopted social, right,
like there's some people who are all in on social and digital workflows and SEO outperforms the ones that didn't.
It is what, it will be another separation.
But my guess is at scale, companies will be doing this too, right?
So we're all going to be working through these concepts and ideas.
So what's to stop AI in the future, say collating buyers, they've got a list of buyers, a list of sellers,
and the buyers put in what they want, the sellers put in what they want, what their house is,
and AI just matching it up and we're out of the equation.
What do you be the thing that stops us or keeps us in real estate?
Yeah, yeah, yeah.
So I think I just probably scared the crap out of everybody in Australia with what I said.
And the flip side of that, the flip side of that is I, so this is like, and again, this is just a thesis, right?
I get to be right or wrong. But this is what I firmly believe right now is, and based on the past, you're ready for the sentence?
It's a good one. Marketers ruin everything.
Sorry, markers.
Marketers ruin everything, right?
your goal as a marketer is to find a disproportionate return on effort or investment, right?
Like, can I send out one email that gets a 60% open rate?
Can I create one piece of content that gets a crazy amount of engagement?
And normally what happens is like you find that that's called a dislocation, right?
Where do you guys remember 1990s how cool email was and how excited you were?
Do you remember how excited you were in 2010 when you guys?
you got a text message or got a voicemail or got a phone call, right?
Like, do we even talk on these anymore?
Right?
Like, send me a text.
Don't be a weirdo.
Why are you trying to talk to me?
Like, honestly, if we talk, I want this.
This is way more interesting to me than the phone, right?
Like, if I'm going to.
I was most excited about the video call that was like, oh, my God.
No, like if I'm talking to an agent or a broker or someone who's thinking about it,
I'm talking to one of our agents, I'd much rather do this, right?
unless, you know, it's quick and I'm walking.
And then I either want to be walking and talking, right?
But I believe that we're about to live through the commoditization of digital interactions.
So I'll say again, I think we're about to live through every digital interaction is about to be commoditized.
So, and, you know, sample size of one in each one of you.
Have you noticed that some of your friends who are not very well written,
are now, you know, William Shakespeare on Facebook and LinkedIn.
Of course, Chad Chibit.
Yeah.
And this is the fun part, guys.
Can you tell who's doing it?
Sometimes when they've got the emojis, yes.
The emojis are a dead giveaway.
The other dead giveaway is like paragraphs on paragraphs, right?
Yes.
Like, less is more and it's harder, right?
And so literally yesterday I told Jat Chbidu,
give me three sentences on this subject and it gave me seven.
sentences right it's like oh like less is more so what I think's about to happen is everyone's going to
become a digital creator right think about like an interesting agentic workflow with you know
chat GPT married with like an 11 labs and and a hoot suite and you just generate videos every single
day and you post them every single day and like it it's basically free right so guess what everyone
can do that now everyone can deliver pretty
solid email content marketing. Everyone can deliver that. So this is the good news, because that still
sounds like bad news, is that I believe human experience is about to be at a premium. I think public
speakers who can get on a stage with a microphone to 500 people, not rehearsed, and do like
objection handling and scripting and dialogue and like stump the professor, that's going to be
magical, right? I think the people, no, sorry, sorry, keep on. I think the agent who can sit down
with a seller and deliver an awesome in-person experience from like how the appointment's set to the
information you deliver to them, right? Because again, now you have superpowers. Now when you show up to
an appointment, you can know just about everything about that consumer that's available on the internet,
right, in an organized contextual way. So you can actually speak to them like, hey, before you go on any
appointment, I would grab that person's LinkedIn bio and say, hey, Chad GPD, it's Lisa.
I have an appointment with Derek. Here's his LinkedIn bio. What are some relevant talking points
that I should be aware of? Right. And before we know it, that's going to live here. Right.
And that's like the where we're going is to like a Jarvis that is your co-pilot in life and you have like
these superpowers. But I, I truly believe that folks are going to be.
super excited about amazing in-person interactions. And when it comes to the bind and selling real estate,
I don't care what country we're in. It's infrequent, like eight to 10 years. It's the most expensive
thing we do on average as human beings on this planet. And it's highly, highly emotional.
Right. And I don't care what language we're speaking, what country we're in. None of those three
things change, right? It's expensive everywhere relative to income and market. And everyone says the
same thing. This is the most expensive real estate's ever been because inflation or economics and
capitalism. It's always infrequent, right? There's not a single country that people sell and buy
houses every two years. This doesn't happen, right? Because the triggers that create real estate
are human condition. We fall in love. We make little people. Those little people get big.
They leave. We need less space, death, divorce, and a couple of promotions along the way.
dictate 80, 90% of all the transactions on the planet from a real estate standpoint.
And my belief system is, I think, you know, we've been making this trend towards like being
hermits and just interacting with technology.
But I think that's going to create this super interesting attachment to in-person stuff, right?
And I think we saw that post-pandemic where people were just craving human interaction.
You know, you just asked if you could join us in person at an event, right?
It's like why we travel halfway across the world.
It's why I'm getting on a plane in two weeks and going to Barcelona to spend time with 450 agents from multiple countries.
Because even though you guys can get me like this, it's different when I show up in person for you guys, right?
And so I don't think a true professional is going anywhere.
But I'm wholeheartedly and 100% believe that the professional who takes all these,
tools and makes themselves faster, stronger, better, are going to disproportionately eat
the lunch of the folks that don't.
No different than, like, can you imagine if an agent's like, yeah, I don't use mobile phones,
like I have a desk line.
Yeah, I agree completely.
I think technology has got a place to play in real estate, but ultimately real estate's
about people.
And ultimately, yes, I'm a property marketer, but it's not the marketing of the property that
determines the eventual sale price of the property.
It's my negotiation skill.
and my interactions with that person on a human level
as to whether they like me and trust me
for them to be able to use my negotiation skills
to be able to pull out the best result for my particular vendor.
And I don't think that us as agents are going anywhere,
but there'll be two types of agents in the future.
There'll be agents that adopt and develop technology
and they'll thrive,
and there'll be agents that just remain in their set ways
and they'll eventually die.
I mean, one thing that I've learned,
the biggest lesson when I come over to EXP was, you know,
Chris, myself,
and Mike Lowry started Team EXPSA here in South Australia,
which is now 51 agents strong here in SA,
we started in the middle of the pandemic, right, right,
and everyone thought we were crazy for leaving our traditional office
and joining along with EXB.
But what we learned from the pandemic was that everybody's moving online
and that technology has got a forefront place to play
in the roles of AIS life.
So the biggest lesson that I learned was that, yes, it's about people,
but people's habits change.
And the pandemic was actually a really positive thing for real estate in a digital space
because people were used to doing more digital online transactions.
So when we came along as a cloud-based company, it made a lot of sense to people.
So the biggest lesson that I learnt was it's always about people,
but the technology that you have that you can adapt in your toolbox will differentiate you
between a top performing agent and a low-performing agent.
So some of the biggest lessons I learned was there's technologies available.
I switched over to EXP that I didn't realize we're available because EXP is on the forefront of
technology.
We are a tech company and we are traded on the NASDA because EXPI is a tech stock as well.
And we ultimately real estate company worldwide.
But some of the biggest lessons I learned is that you've got to adapt and change.
So I've become very strong on social with my Google, my Facebook, my Instagram, my YouTube.
And I'm getting to the point now where I go to my kids school and they think I'm a rock star
or some sort of movie star because all the kids are watching YouTube nowadays and they look at me
and I'm thinking, is there something hanging off my face?
But it's just because they see me, because I come up in the ads in what their kids are watching.
And so the parents then say to me, hey, we all over the place.
You know, you seem to know what you're doing, come and sell our house.
So it's become an attraction-based business now thanks to, you know, the advances that have happened.
So what would you say from your viewpoint, becoming the CEO of EXP,
what would you think would be some of the biggest lessons that you've learned entering into this role?
Yeah, no, that's a fantastic question.
So, first of all, I think people overcomplicate things.
What got me to become a top producing agent in the U.S.
and then founder of a software company and other things I've done in my life?
So sorry about that.
Hasn't really changed in my controllable activity.
Right?
So I have phone calls I need to make.
and I have contacts I need to make, and then I have deals I have to close.
And I actually made a post about that not that long ago on social.
And I said, guys, by the way, what I do every day is exactly what you do.
It's just normally has a couple more zeros involved.
Right.
So just like selling houses is a people business, I believe all businesses are people businesses, right?
Like we, you know, whether it's a product or service, you have a top of the funnel, you have an appointment to a conversion.
right? And it's either a product or a service and it's either reoccurring or it's transactional.
I feel that I could run any business on the planet if I just understood that workflow, right?
Who is your customer? What's the total addressable market? What is a lead cost? How do we convert
to an appointment? And or an opportunity, right? Because if software or services, you might not have the
appointment. And then how do we close a transaction? Is that a single off transaction or is that a reoccurring
transaction, whether it's a subscription or a relationship, right? Like, we are in the service relationship
business. And I feel that I interview to work to have you guys be with us every month and making
sure that the service is there, that the response time is there, that we're continuing to not assume
that the past dictates the future. And is there new tools that we need to give you? Is there a new
workflow to touch? So there's, again, because I am one of you. I sold homes at the
scale for 16 years of my life. The behavior that got me to become a top agent is actually the
exact same behavior I used today, right? The one thing that is different that has changed is
I am officially out of time. That's never happened to me before in my life, which is an interesting
concept. And it's funny because Glenn kind of warned me about it. Give me one second.
My little guy goes to Jiu-Jitsu in a little bit, and I'm just telling him we're wrapping up this
call and then I will be there for him. Give me one second. If you guys haven't heard me right,
Tom is the one thing. It's the one commodity that we don't have any more of. It doesn't matter how
much wealth we have. So I actually love that that happened because it's like driving my point
home. So every single day there's an emergency. There's something urgent. There's something that
takes my time. And by the way, it translates to you guys as well in real estate. Right. So the first thing
I would say is like, okay, what season of life are you in? And what's the,
your priorities? And by the way, it's completely okay. They change over time. When I was a 22-year-old,
23-year-old rock star agent, I worked 12 hours a day and I did it seven days a week and I did it for like 10 years.
You know, my wife was in the business, Ariana. She ran the team. And so we were both in the office
together. So it was actually super healthy for our relationship. But if I was married with small kids,
12 hours a day, 70s a week is not a way to be happy in life, right? And I will tell you that I used to
like get pneumonia three times a year because I probably pushed myself too much and didn't eat right
and get enough sleep because I was in my 20s and I thought I was invincible. Now if I don't get
you know seven and a half to eight hours of sleep, I can't show up with like this level of focus.
Like I'm hyper present with you guys. The only phone that it can interrupt me is my family. It's a three
or four phone numbers I can push through while I'm doing some.
stuff. But guess what? Like today, I went to my son's second grade graduation and my daughter's
fourth grade graduation. And I had actually some stuff that was double booked and the school
gave us, but like I'm like, that's, that's my priority. Like if you guys have heard me ever speak,
like you guys are a distant second in my heart to my family. And that's why I can be such a fierce
leader for you guys because I have my priority straight in the sense that like making sure I love
my wife and children, I go to the gym, I eat cleanly, I'm hydrated, and I get enough sleep is what
allows me to have my battery charged in order to perform at the level I perform at. And so
the higher up in the performance scale I've personally experienced, I think people
like forget that. Like, it's always an emergency. And by the way, when I have emergencies now,
it's like, I don't know, a multi-billion dollar litigation with a class action lawsuit. And, you know,
the DOJ wants to talk about stuff and, you know, we're launching a new country and we have a problem
with the minister of real estate, right? Like, there's always something. And if you don't protect
your energy, and I'm not talking about like crystals and central oils, like my mom talks about
it. It's like it's your personal battery of what gets you excited and gets you, like if we don't
do that, we burn out as human beings. Right. So this, it's been a super interesting experience
in prioritization where, look, I could work 24 hours a day because there's 24, like, look,
you guys are, you know, 6.35 a.m. in Australia and it's 435. Like, I could be on the phone until 10 o'clock
at night with any country because we are in so many places like the sun does not set on EXP right now.
And so we need to create frameworks that we can live within, right? Like, I have a yes policy.
If anyone reaches out and it's a reasonable ask, I'm going to say yes, digitally, right? In person, I say,
know a lot, right? Like, I made a deal with Glenn when he gave me the opportunity where I was like,
I don't want to travel. Q1 of 2025, I was gone for my kids 3.3 nights per month. That actually
surprises most people because most CEOs of companies my size are gone three weeks a month.
And I've created a world in a workflow where I don't do that. And by the way, I think I have a
higher output than my peer group, right? Because they're working under a framework of like, oh, I have to
physically be there. I'm like, well, then I'm not interested in the opportunity.
But I feel I'm more present and show up for more of you digitally, intentionally.
Because by the way, if I was on a plane for 12 hours, like, you know how many calls I could
have made?
You know how many one-on-one connections that then turn into one-to-many?
Whether you get 50 or 5,000 views, like, I think sometimes we don't appreciate the scale
of social, right?
Like, let's say you put a post and it gets 50 likes.
Do you know what 50 people in a room look like?
Like, and by the way, when it's hyper-nitched down.
like what we do, those 50 people are typically in my world agents, right, in your world, buyers and
sellers. And if I got 62 likes from buyers and sellers and I was selling houses, I don't know that
there's something I can get more excited about, right? When I make a post on Facebook and I get 70
likes and they're mostly agents and 50 of them are ours and 20 are not, those are the ones I get
excited about too. I'm like, hey, that's part of my funnel to make sure that we're focused on growth.
I think the takeaway for everybody is like, there's never enough time.
Time is the most valuable commodity on the planet.
And I think about it a couple of ways.
One is, when I'm present with you, I want you to walk away with value on every interaction
we've had, right?
Whether it's digital or in person, Bjorn, right?
Like, I'm very focused on making sure when you walk away, there was a transfer of value.
And my goal in life is to give you more value than you pay me for it, right?
I want every interaction, whether I'm the CEO of this company or,
I was a listing agent or a buyer's agent, I want you to feel like, man, I got too good of a deal,
right? Because then you become an advocate. And once you become an advocate, you tell other people
about the goodness of the transaction and the asymmetrical experience where it's like, oh, man,
he gave me so much more than I gave him. And I need to stay engaged. I need to reciprocate, right?
Because we're also reciprocating machines. And people don't appreciate that as much.
right like I used to say to agents because I did zero marketing and I would sit down with people
and I would say hey by the way while while I'm representing you you will notice I'm not on my phone
I'm not checking my like while we're looking at properties or at your listing appointment
my business model to use I want to deliver an incredible amount of value and what I ask actively
and I will ask you many times throughout the transaction if you come across anyone who's
interested in buyer and set in real estate who would like to experience this level of service
is it okay for me to ask you for their names and numbers, right?
Because a lot of, it's like words matter, language matters.
I think too many people say, hey, if you can think of somebody, like, give them my number,
I don't want you to give them my number.
I want you to say, Lisa, John Smith is ready to buy, and his number is 703, 975, XYZ, right?
Because I want to have the control of the ask.
And everything I do is very intentional if you can't tell.
Yeah.
Yeah.
The one thing I've learned with this company is, you know, we've met in person, we've had dinner in
Las Vegas together, I was in the room with yourself from Glen Sanford and Michael Vowders
at the time with a couple of other people. And I thought to myself, hold on, I'm one of,
and I think at the time we had 88,000 agents. And I thought to myself, I'm just little old
Bjorn. I'm just one of 88,000 people around the world. And here I am. And you guys
are giving me your time, you know. I was invited to Vegas, spoke on stage in front of all the
ages. And then, you know, if we need a direct line to you guys, we can reach out in
workplace or whatnot and we get a response from yourself.
Even if I send something to Glenn Sandville, I don't bother him with anything that's not
important, but if I send a message out, I get a response.
And for a company that's so large to take so much care in each of us as individuals, I think
is a huge benefit because that's not something that I was expecting coming into a large company.
I thought, okay, I'm going to be here doing my own thing.
They're going to be providing the services in the background, but I'm never going to talk to
talk to them.
I'm never going to have any lines of communication to any of the leaders.
It's just going to be, you know, they're providing a service.
I'm there providing, you know, my services to them.
But the interaction between us has been next level from a communication standpoint.
And like you said, it's a service-based industry.
And XB basically a servicing me as an operational agent to fill my tool box with all of the AI
and all the tech that I need in order to become the best agent that I possibly can for my clients.
And I love the thing that you said just there about being present.
Like I've always had a thing myself that no matter where I am, who I'm with,
whether I'm speaking, and there's 6,000 people in a room,
or whether there's only five people or whether only two people rock up,
I'll give the same level of tension regardless of numbers
because it's about having that sense of awareness
with any interaction that I have, whether it's with a client,
whether it's with my family, whether it's my kids, my wife, whatever,
just being present in the moment.
And I think a lot of people lose track of the basics of being present in the moment.
Now, we know you've got a very busy family life.
So Lisa, is there anything else that you wanted to ask?
You made me think of one more thing to share just if you will indulge me.
One is, it's almost two parts.
One is, yes, we are actually super intentional as a company to be super available.
Like that's a philosophy, Glenn, had from the beginning.
And again, he was a mega team leader.
And then I run the company and I'm a mega team leader.
So in our mind, we're both just two high performing realtors who happen to run a big company.
So I think that level of response and availability is what we did as good agents, right?
Like the reason I sold five to 600 homes a year for almost a decade was because I was super
available and responsive to my clients.
Like the amount of times I sat on a top producer panel like, what's the secret?
I'm like, are you ready?
Call people back and call them back and be responsive.
Call people back faster than everybody else is like such.
and unlock, right? So I've figured out how to scale that. So you guys know we have a 24-hour,
seven-day-a-week support line. Last month, we responded to over 30,000 phone calls globally.
With a 30-second hold time, average, and a 90% resolution score. Like, we obsess with this stuff
because that's what works with human beings, right? Like, I think way too many people don't give
themselves enough credit as an expert consumer.
Right. So many times an agent is like, do you think it'll work? I'm like, okay, would it work on you? Right. Like I hate when I call somewhere and I get transferred five times before somebody answers my question. Right. Like that's a really uncomfortable conversation. So what, what how do you wow consumers is how I want to wow you guys, right? And then the second part that I will tell you that applies throughout my entire career in life is that most people don't reach out.
don't make themselves uncomfortable, right?
Like, um,
Bjorn,
you've,
you've proactively reached out and you asked me to join this call, right?
Do you know how many agents don't, right?
And by the way,
I say this all the time.
All you have to do is invite me.
I have a yes policy, right?
Like the team will say,
they'll never say,
no,
they'll say his next available is.
And sometimes,
and by the way,
like,
I'm wheels up on June 14th,
and I'm pretty much on the entire summer,
right?
Because as soon as my kids get out of school,
I travel around the world and North America with my whole family so I can see it.
Like last summer, I did 12 cities, five countries, 94 days.
And I probably saw seven to 10,000 agents, right?
This year won't be that intense, but it's pretty intense, right?
So I'm going to go to the UK followed by Portugal, followed by Spain, followed by France.
Then I'm going to come back.
Then I go to Colorado.
Then I go to California.
then I actually took two weeks off and go surfing with the kids in Costa Rica.
But like I'm going to see a lot of our humans.
But like there is an appointment that we were going back and forth with another executive.
And it's like, yeah, the next he's available was August 26.
The answer was no.
And by the way, see that.
Like if somebody asked for me in person, sure.
In four months and you have to fly across the world.
Digitally, we could probably squeeze you next week.
Right.
Yeah.
And so it's an interesting balance.
of like the in person is super valuable and do it when necessary, but there's also like these
amazing digital tools where we can like be in real time. You're like you're seeing my energy,
my expressions, my hand movement, like, you know, my my son interrupting and me pausing to text
them back, right? It's it's authentic and real. So I can't encourage people enough to reach out
to people that they probably normally wouldn't, right? Like the amount of times, funny enough,
I just said there's a CEO that I'm going to meet on August 26th.
That CEO is a CEO of a very large public retired company, much bigger than ours.
I met him 18 years ago.
I spoke on stage.
I was in my 20s.
He looks to me and goes, hey, you're a super impressive young man.
If you're ever in Detroit, hit me up.
I would love to meet with you.
A politeness that a lot of successful people say.
I stocked him that day.
I found his assistant's email address.
And I said, I happened to be in Detroit next week.
Is there any way we can have lunch?
Mind you, I wasn't going to Detroit and I didn't have any business in Detroit.
He responded and he goes, laugh out loud and he said, sure, if you can make Wednesday
work at 11, we can grab lunch.
And I booked a ticket.
It cost me like $1,400, but never had a CEO of a big company said, come visit me.
And so I took him up on it.
We got along super great during lunch.
He actually cleared out his afternoon and he actually kept bringing all these people in to share
their ideas and someone's like, I love that one. I hate that one, that one's stupid. And I was just
authentically myself. And I gave him my feedback as an expert as an agent, right? Because again,
sometimes we don't appreciate our expert opinions and advice. He ran a very large mortgage company,
but he was tickled to death that an agent had a perspective. And 18 years later, now I'm the CEO of a
public company and we're still clabbing and doing stuff. But like, just,
But how many people have said that to you, and I'm talking to you and everybody listening,
and you didn't follow up, right?
Like, you'd be surprised how many agents don't message me, right?
Yes.
And what I'm saying to you right now is the same thing I told you in Vegas.
I'm like, just message me.
Like, if you have a problem or a question, again, self-awareness, don't waste my time.
Don't ask me something that, like, I've literally had an agent said, I can't log into the serum.
I'm like, well, I'm going to respond to you, right?
like have self-awareness, be respectful of, of the time.
But like I've also had people say, hey, this CRM broke and I'm having a problem.
I escalated to their CEO and they told me to bug off.
Okay, then then message me because I have an enterprise relationship with a vendor and I want to get involved at that point.
But I would encourage you to be as bold and audacious more than you've ever been because you'd be surprised how willing, responsive people are.
At the end of the day, like, we're all just humans.
And, you know, some of us are sitting in seats that impress you from a title standpoint.
But at the end of the day, it's like we're just people.
Yeah.
It's interesting.
I asked if I could speak on stage.
I said, if I'm coming to Vegas, can I talk?
And then the EXP, like, okay, you've got some content to share with people.
And I've got three speaking gigs, you know, speaking in front of thousands of ages.
But ask, you shall receive.
If you don't ask, the answer is always going to be no, because you're not asking the question.
So we appreciate you a time.
What would you like to close with?
Just anybody that's interested in finding out more about EXP, you can, you know,
sort of gauge from Leo's response on AI.
I've just had some like kind of mind-blown thoughts about that.
That's what the company is like.
That's what we're like.
We like talking about technology.
We like talking about how we're going to grow and we'd like to help other agents do that
as well.
So whether you're, you know, a top performer, you know, that's kind of.
of what we're built for as well.
The top performers, we've got EXP luxury.
We've got so many different things.
All the countries we're in, 82,000 agents.
Please contact either Beyond or myself,
and we would love to talk to you about EXP
and the advantages and the model,
and it's just the best, absolute,
best real estate model in the world.
So thank you so much, Leo, for joining us.
And I want to go into so much more about the AI
and what I believe that we can do to make agents more comfortable
with AI coming forward to.
So that's really, like I said, blow my mind today.
So thank you for joining.
It's changed my life 100% for the better.
I never thought I'd be in a situation where I am.
I bought my dream house and all these other sorts of things.
Leo, just quickly before you go, there's a lot of agents in Australia that have a lot of fear.
A lot of fear, they think that we're another here today, gone tomorrow company,
that we're a startup, that, you know, we might be running our nose into the ground.
debt. Can you just give some clarification on our
EPA? Yeah. So, so, so we're a 15 year old company that's publicly traded on the
US NASDAQ exchange, $4.3 million billion in revenue in 2024. We're the single largest
real estate company on the planet. And if you look at the U.S. markets from the publicly
traded peer group, we're the most profitable, most sustainable company on the planet.
Well, there you have it, guys. You've heard it from our CEO. We are going nowhere. We are here
to stay. We're here to change agents' lives and help you transact with your clients better to give
them a better personal experience. And we're always at the forefront of technology. And if you want
to be part of a company that enables you to be able to be thought of as an individual, not just as a
number, EXP is definitely the place to come. Thank you very much for your time, Leo. And have a fantastic
time in your family this evening. Thanks, Nick. Take care. Thank you guys. Thank you. Thank you for listening
to Let's Talk about Real Estate podcast. We hope you enjoyed the show. If you have a question about
real estate then please join the group on Facebook also called let's talk about real estate
for those of you who are interested in expe please join us at 10 a m brisbane time every
wednesday morning for expe explained thank you again for joining us and don't forget to
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