Sean Palmer was just 24 years old when he sold his first business to a Fortune 500 company. That’s when he realized he had an irrefutable passion for building, buying and selling companies worldwide. That entrepreneurial passion eventually led him to eXp Commercial, joining in June 2021.
Sean grew up in Alabama, working for his family’s business, which mainly catered to Fortune 500 companies in the food service industry. After 12 years with his family’s company, Sean got his dad’s permission to step away and start his own business. He sold his stock and took off on an adventure that led him across the country and eventually the world, establishing himself as a serial entrepreneur. He became a multi-talented businessman with “Swiss Army knife business capabilities” to work as a consultant, mergers and acquisitions adviser (M&A) and international franchising expert.
“I had a bug that I didn’t realize. I enjoyed creating something much larger than just a local company,” Sean said. “When you can meet people all over the world, expand your horizons and experience the way business is done in other countries, you realize the vast benefits of creating something that exists in more than just the United States and it’s exhilarating.”
> Read more about eXp Commercial’s platform
With more than 30 years of experience in multiple industries, Sean joined eXp Commercial in June 2021 to focus on business brokering and mergers and acquisitions within eXp Commercial. He was motivated by eXp’s unique business model, world-class training programs, and global network that allows eXp Commercial business advisers to reach across state lines and international markets to get deals done in a way that no other brokerage has been able to accomplish.
“The reason eXp Commercial will be successful in the business brokerage and mergers and acquisitions businesses is that we are one global company with one global network with highly productive agents and brokers who need these professionals to refer this business to,” he explained.
Learn more about Sean Palmer:
Entrepreneur: Since 1992
Brokerage history:
- eXp Commercial (June 2021-current)
- Onward for Business (April 2019-March 2021)
- Traust IP Finance (April 2020-current)
- Transworld Business Advisors (Jan. 2016-Dec. 2018)
Main territories: North America, Australia and Asia-Pacific
Main focus: Business brokerage; mergers and acquisitions; intellectual property financing, international franchising; master licensing; and creative capital funding solutions for investments.
When and why did you join eXp?
“I joined in June 2021. I heard about eXp through a combination of folks: (eXp agents) John Heerhold and Jay Nelson; (Director of eXp Commercial Brokerage Operations) Stephanie Gilezan and (eXp World Holdings Founder and CEO) Glenn Sanford. I joined because it’s a company owned by its agents. It gives every person the power to grow a large business with minimal risk, low investment and earnings without a glass ceiling. It stretches across the globe with amazing training, tools and ability to network with more than 85,000+ agents.”
Is there a significant experience you can share since you joined eXp?
“I have been surrounded with like-minded leadership that hustles as hard as I do every day!”
What is one thing about eXp that surprised you?
“The retention rate is 86%, the cap rate is 76% and the entire company is virtual!”
Have you had any experience or success around eXp’s global revenue share and commercial businesses yet?
“I have successfully recruited people that know and trust me, producing a potential revenue share income of more than $65,000 annually in 60 short days. I would have to save more than $2 million dollars that earns 3% interest to receive that same dividend.”
> Learn why revenue sharing is better than profit-sharing
What kind of collaboration have you experienced at eXp?
“I am closing several residential referrals with eXp agents and I have received over $300 million in commercial deals from residential agents since joining eXp Commercial.”
10 Fun Things About Sean Palmer
What is your idea of perfect happiness?
Being able to work with individuals, giving advice, sharing wisdom and knowledge so they will have a better personal and professional life. The greatest reward is witnessing the end results.
Who is the person you most admire?
There are two: Jesus and Henry Ford, although those are two very different people. Without Jesus I don’t exist. Without great men like Henry Ford, I would have given up on the impossible business challenges a long time ago!
One thing you can’t live without?
Delicious food from around the globe.
One trait that has led to your success?
No matter how hard I get knocked down, I always get up and try again until I succeed.
What celebrity would play you in a movie or TV show?
I have been told I look and sound like Randy Travis.
Pet peeve?
When people don’t realize their own potential.
Little known fact about yourself?
I am an expert marksman.
Song you never tire of?
“Humble and Kind” by Tim McGraw.
Favorite meal?
Stone crab and Key lime pie from Joe’s Stone Crab on Ocean Drive in Miami Beach.
Your epitaph will say:
You are not off by a mile, you are off by a millimeter to be the greatest you!
__________
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