Episode 89: Inside Texas Land Brokerage: Reps, Reputation & the Long Game | Part 2
From Texas Land Guys: The Art of Real Estate Deal Making · 00:46:06
Show by Texas Land Guys
In this episode of the Texas Land Guys Podcast, brothers Tom and Tim Dosch continue their deep-dive conversation into the realities of a long-term career in commercial real estate. Picking up where Part 1 left off, they reflect on the deals that got away and the painful, often humbling lessons those losses taught them. Tom shares a story about a pitch gone wrong, driven by pride and arrogance, and how that moment became a defining character check. Tim opens up about the challenge of family-owned land deals, where emotion and logic collide, and why standing firm in honesty, even at the risk of losing the client, is non-negotiable.The conversation then pivots to practical advice for young brokers just starting out. Tim and Tom stress that the first 90 days (and even the first year) aren't about closing deals; they're about building reps, making mistakes, and learning the business from the ground up. They advocate for an apprentice mindset, cold calling, and surrounding yourself with experienced mentors. They also tackle the flawed mentality that a few deals a year is enough, emphasizing that this business requires hundreds of transactions to build a real career.Wrapping up, the brothers discuss the daily habits that have sustained them over two decades: spiritual grounding, physical health, sleep, and, most importantly, investing in relationships. They warn against the transactional mindset that burns out brokers and destroys marriages, and they encourage listeners to see clients as people, not paychecks. Whether you're a new agent, a seasoned broker, or someone considering a career in land brokerage, this episode offers a candid, wisdom-filled look at what it actually takes to last in this marathon of an industry.Key TakeawaysLosing a deal can teach you more than winning one.Pride and arrogance can kill deals and damage your character.Family-owned land deals are emotionally complex, unlike institutional clientsHonest, respectful confrontation is part of a broker's job.Your first 90 days aren't about closing deals.Brokerage is a marathon, not a sprint.Relationships matter more than transactions.The best business comes from trust, not competition.Collaboration with partners who have different strengths is invaluable.There's no substitute for experience.You cannot build a lasting career by relying on luck or a handful of deals.In This Episode:[00:00] Part two of the 40-year CRE conversation[00:38] The worst deals Tom and Tim have lost[01:51] What Tom learned from losing a deal because of pride[08:27] Deals that fall apart near closing[11:19] What decades of experience teach you[12:18] First 90 days: How new brokers can set themselves up for success [16:42] Why the first year should be about learning[17:25] Why you cannot build a career on a few lucky deals[20:30] What kind of person do you want to become?[22:30] What a perfect day in land brokerage looks like[25:18] Why Tom loves pitching DMRE[28:16] Helping clients instead of simply selling a service[29:24] The customer is the hero, the broker is the guide[30:48] 800 transactions and $6 billion in land sales[34:14] Stress, alcohol, sleep, and burnout[39:05] Why relationships matter more than business urgency[42:19] Becoming a guide for clients[44:05] Why commercial real estate is a marathon Resources and LinksPodcasthttps://podcasts.apple.com/us/podcast/welcome-to-the-texas-land-guys-podcast-the-art/id1788566687?i=1000682586353https://dmre.com/Tim Doschhttps://www.linkedin.com/in/tim-dosch-67a07899https://dmre.com/https://ascentinv.com/https://100xharvest.org/Tom Doschhttps://www.linkedin.com/in/tom-dosch-37263b3b/https://dmre.com/https://ascentinv.com/https://100xharvest.org/
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