MyREShow™ 22 Years at ReMax. 1,200 Videos. He Joined Real Before the $880M Deal (Remastered)
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About this listen
In episode 8 of My Real Estate Show™. CEO Sandi Lyn & co-host Josh sit down with Tim Scheib, a 22-year real estate veteran who walked away from a ReMax Hall of Fame and Titans Club career to join Real Broker last fall. A few months later, Real announced an $880 million deal to buy ReMax.
Tim breaks down exactly why it is not about the brand name once you have your own following.
Real bought 180,000 agents for a seat at the table, and now ReMax franchise owners are sitting in a much hotter seat than ReMax agents are. Plus why Sandi Lyn was surprised ReMax sold for under a billion, and how ReMax agents will eventually fit into Real's sponsor model.
Then the social media playbook. 1,200 days in a row posting on TikTok and Instagram. The 100 houses board, and vulnerability over showmanship.
If you are a ReMax agent with questions Tim is taking calls: 515-313-7137.
00:00 Cold Open and intros
01:51 Tim Scheib's 22-year real estate career
02:40 The October 2023 conversation with Bob Tompkins that started the move
04:00 Why ReMax was built for teams and what changed in 2015
05:31 The revenue share difference at Real and why it matters when agents leave
06:41 Mental sabotage when timing a brokerage switch
07:50 It is not about the brand once you have your own following
10:05 Why Tim wishes he had moved in 2023 instead of 2024
11:33 The Real acquisition of ReMax and the seat at the big boy table
13:37 Why ReMax franchise owners are sitting in the hottest seat
16:45 Officing from a coffee shop instead of an office
19:25 Business cards and the picture on the card problem
21:11 The social media journey from photography to 1,200 days in a row
24:10 Hyperlocal content and the compounding payoff
27:44 The 100 houses board and showing the losses
30:11 What Tim told his coach when asked to stop making videos
36:15 When the deal closes and what regulators may or may not do
37:27 Morgan Stanley's $550 million loan and what it signals
40:16 How ReMax agents will fit into Real's sponsor model
44:28 The franchise owner's golden parachute play
My Real Estate Show goes live every weekday at 12 CST. The conversations the rest of the industry is too careful to have. It's the daily real estate entertainment you've been missing.
Get in Touch with Host Sandi Lyn Burnett on Instagram
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Get in Touch with Host Josh Ries on Instagram
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