PFREI Series Episode 60: Phil Green

Are you a seller looking for active buyers during this pandemic? Or are you looking for ways to keep your business afloat using digital tools? Do you have a team that is dedicated to working overtime to get results?

In today’s episode of Passion for Real Estate Investing, managing partner at The Green Group Real Estate, Phil Green, talks to us about the importance of dedication and how his team is able to keep growing their business even during the Covid-19 pandemic. From working in the corporate world, to getting his MBA, to building his company and ranking in the top 1% of San Diego County Realtors, Phil’s passion has helped him succeed and attain financial freedom. Today, Phil’s teams include 22 employees at their Fix & Flip business and around 40 agents in their brokerage.

In 2013, Phil graduated with an MBA in real estate and finance from San Diego State University. After getting his broker’s license, he left the corporate world and pursued real estate. In 2015, HomeSmart Realty West recognized and awarded Phil as the Top-Performing Realtor. He is currently a Broker Associate and Realtor at Big Block Realty, Inc. By 2016, business had taken off and Phil’s brothers both joined his company. Since then, they’ve grown and expanded the company, and in 2019, they completed around 170 flips.

Then along came Covid-19.

How has Phil managed to keep his business afloat without any staff layoffs? We hear that his company helps every one of their employees buy a property, and he tells us about Matterport. How is he leveraging digital infrastructure and tools to compensate and adjust for the uncertainty that comes with the pandemic? Phil says they’re signing twice as many deals now than before Covid-19, and he gives some valuable advice to sellers.

If you’re looking for ways to keep your business afloat, you want to know where to find buyers for your properties, or you need advice on how to price your properties to sell, this episode has all the information you need.

Highlights from the interview
* Phil’s company helps every one of their employees purchase a property as part of their retirement plan.
* In their lower-end market, they’re still doing five or six flips a month.
* They’ve managed to keep the business active without any staff layoffs.
* His team’s dedication has driven them to work harder and, as a result, they’ve signed twice as many deals as before the pandemic.
* Take care of the people that work for you, and they’ll take care of you.
* Their pricing strategy has allowed them to sell a property for $100,000 over asking price – during the pandemic.

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