GRIT: The Real Estate Growth Mindset
Business
Tyler Smith was 19 when he went into real estate. After selling his first home, he was amazed at how much money there was to make. After eight months, he had sold 15 homes and was already making more money than his friends who had attended college. That’s when he decided to go all-in, double down on his referrals and build his own business.
Being ultra-competitive, Tyler always felt the need to be around better and more prominent people and soak up as much advice as he could from them. And what motivated him the most was proving people wrong - especially those who believed he would fail.
Tyler became hugely successful through a referral-based business. Yet, he found glaring inefficiencies in the administrative side of real estate. Thus, he created Skyslope, his transaction management solution that keeps tabs on real estate transactions to promote a paperless system.
Today, Tyler Smith is the Founder and CEO of Skyslope. His achievements have earned him numerous accolades, including being named one of REALTOR Magazine's Top 30 Under 30 and one of the Wall Street Journal's Top 250 Teams. He is also considered an industry expert and innovator dedicated to helping Realtors, Brokers, and entrepreneurs achieve their goals.
Top Takeaways:
03:34 How his bad experience as a first-time homebuyer inspired him to become a Realtor
07:10 The life-changing moment that took him from a naive agent to making it big in real estate
17:32 How Tyler ended up in REALTOR Magazine’s 30 Under 30
20:05 How Skyslope came about
30:33 How Tyler got national brokerages to use Skyslope as a required system for their business
35:12 The story behind the Fidelity merger
41:13 What the next five years in real estate look like?
47:23 Who will be the true winners in the future in the real estate space
48:58 Why Realtors should focus on how to provide value to consumers
49:37 Tyler’s one advice to Realtors
Episode 127: How Leveraging Your Systems Can Double Your Business Every Year with Erin Catron and Heather Lens
Episode 126: The Next Evolution of the Traditional Brokerage with Winston Murray
Episode 125: Revolutionizing Rental Investing Through Technology with Johnny Wolff
Episode 124: Powerful Lessons From Surviving Cancer to Becoming an Elite Entrepreneur with Josh Cantwell
Episode 123: Building a Successful Team By Pouring Into People with Jake Rockwell
Episode 122: Using Technology to Get Back to the Human Side of Business with Justin Benson
Episode 121: Powering the Real Estate Industry Through Building Wealth with Brett Tanner
Episode 120: What it Takes to Become a Million-Dollar Listing Agent with James Harris
Episode 119: What it Means to be a Team-Centric Brokerage with Ron Rocz
Episode 118: Maximizing Your Potential And Gearing Up To Excel In Real Estate With Ryan O’Neill
Episode 117: From an Agent’s Assistant to a Successful Team Leader with Trey Willard
Episode 116: The Unexpected Impact of Teams with Verl Workman
Episode 115: Business Lessons From Mountain Climbing with Mike Novak
Episode 114: How to Step Out of Production to Scale Your Real Estate Business with Andrew Lewis
Episode 113: Why We Must Celebrate Our Failures with Hannah Bettenhausen
Episode 112: The Current Real Estate Industry Challenges and the Role of Agents With Colton Lindsay
Episode 111: How to be Nice And Still Crush it in Sales with Barry Jenkins
Episode 110: How The Right Systems Help Teams Prosper in The Midst of a Recession with Jamie Bledsoe
Episode 109: Falling in Love With Real Estate with Monica Reynolds
Episode 108: The Healthy Side of an Economic Downturn with York Baur
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