New Telegraph

How Amanda  Williams is using Cloud-Based Real Estate Brokerage to build a Fortune 

 

Amanda Williams has figured out the ultimate way to build a fortune through passive income using a cloud-based real estate brokerage as her “office”. Using the reach of the infinite World Wide Web, she is able to work with agents and brokers from all over the world. “We affiliated my real estate brokerage with a company called eXp Realty, which is a cloud-based real estate brokerage. It allows me to have teams of real estate agents all over the world. When they sell a house, the company pays me in revenue share, out of their pocket, not the agent’s pocket,” she said in one interview about her business model.

 

The advantage of the cloud-based model is becoming increasingly attractive as arbiters like Airbnb make it functional and lucrative. It is what attracted Amanda. “My dad got sick and I took him to Mexico for a couple of months for an alternative cancer therapy down there. We put our house on the market for Airbnb and it ended up renting. We ended up paying our mortgage and all of our bills. It paid our rent on our beach condo in Mexico. We’re like, “We’re onto something.” While we were in Mexico, we quickly decided, “We need more passive income.” We had our passive income from the long-term rentals, but we saw how much more Airbnb we were earning on AirBnb. We ended up getting two more properties while we were in Mexico that year.”

 

The entirety of her approach to the business has been about figuring what accommodation or renting problems people have that can be solved with the cloud-based real estate model and filling that gap. Amanda believes it is something that is globally applicable as her affiliation with eXp Realty proves. She is keen to help other agents level up and says, “There is no competition when it comes to what I offer my agent partners. They get me with all of my real estate investment experience and systems to take their business to a level they never knew was possible.”

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