{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"AJ Unfiltered - Real Estate Podcast","title":"Nick McLean: Why 71% Of Real Estate Agents Made $0 Last Year — And The Brokerage Model That's Replacing The Industry","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/2ab0172b\"></iframe>","width":"100%","height":180,"duration":5951,"description":"$200 million real estate team CEO Nick McLean reveals why 71% of real estate agents made $0 last year, why the cap model is killing big-box brokerages like Keller Williams, RE/MAX, and Royal LePage, and why he's building Team Growth Brokerage (TGB) — the subscription brokerage model he believes will replace the traditional real estate brokerage entirely. \nIn this real estate podcast episode, Nick McLean and AJ Hazzi cover: \n✅ Why most real estate agents fail in their first 2 years \n✅ The truth about real estate commission splits and caps \n✅ How to build a profitable real estate team in 2026 \n✅ Why the $16K cap model is a trap for agents \n✅ The real estate brokerage model that's replacing big-box franchises \n✅ How top real estate teams charge premium commissions (and why clients pay) \n✅ Real estate team profitability: margins, splits, and the \"mothership tax\" \n✅ Why 142,000 indie brokerages are about to sunset \n✅ How AI will change the real estate agent's role \n✅ Rev Capture: the future of how real estate agents will earn money \nNick McLean built and ran one of the most profitable indie real estate teams in the Pacific Northwest, doing over $200 million a year in volume. He co-founded Reside, a real estate team coaching and consulting platform, and exited the company in just 30 months. He's now launching Team Growth Brokerage (TGB) — a team-only brokerage platform built specifically for real estate team leaders. \nWhether you're a new real estate agent, a top producer thinking about joining a team, a team leader trying to scale, or a broker-owner watching the industry shift — this conversation will change how you see the real estate business. \n🔔 SUBSCRIBE for more real estate podcast episodes \n👍 Like if you got value \n💬 Comment your biggest takeaway — \n📍 Connect with Nick McLean: Instagram: @[handle] \nTeam Growth Brokerage: [TGB link] \n📍 Connect with AJ Hazzi: Instagram: @ajhazzi \nVantage West Realty: vantagewestrealty.com  \n🎙️ AJ Unfiltered is a real estate...","thumbnail_url":"https://img.transistorcdn.com/whyIXtTetMOo9AqwiYZ8ns36amlwGR9BlJImq4Qzg9M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9iZjRj/YWFiMzhhNmJlMjg0/Y2QwYjU0NTdmNjZj/MTJiYi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}