What to Look for in a Broker with Lee Kiser
Updated: Aug 30, 2021
Lee Kiser is Principal and Managing Broker of Kiser Group, which he co-founded in 2005 with his partner, Estella Kiser (General Counsel, Kiser Group). Lee has assembled the team that has led Kiser Group from a small start-up firm to the company it is today.
Today, Lee remains an active broker in addition to running Kiser Group, and has a personal career transaction volume greater than $3 Billion.
Let’s welcome Lee to the show and learn more about how he and his firm bring an innovative, dynamic perspective to mid-market multifamily real estate.
Announcement: Download Our Sample Deal and Join Our Mailing List LISTEN HERE:
[00:01 – 05:40] Opening Segment
Lee talks about his background.
Going from being a broker to launching your firm.
How he and his spouse play into their strengths in their firm.
[05:40 – 16:06] The Mid-Market and The Best Way to Grow
Lee explains what mid-market is.
Why the mid-market space.
What an investor should be looking for when looking to work with a broker.
The importance of team members and referrals.
Advisor vs. Salesperson
[16:06 – 36:11] What to Look for in a Broker
What to look for in a broker on the acquisition side.
What to look for in a broker as an owner.
The importance of an attorney.
Serving and not selling.
Why credibility is very important.
Lee talks about the Chicagoland market and what to watch
[36:11 – 33:58] Bullseye Round
Not understanding the company from their broker’s perspective.
Most Recommended Book:
Getting up early
Where the brokerage industry is headed.
Best Place to Grab a Bite in Chicago:
Taste of Lebanon
I Wish I Knew When I Was Starting:
That it’s about how much you know, and how much you work and not about how grey your hair is.
“If you make it about the objectives, and not about the sale, not about the commission; You become of meaning to your clients. .” - Lee Kiser
“One thing that a broker can do and an attorney can’t, is wear both hats and that is dual agency.” - Lee Kiser
Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING AND REVIEW, and be sure to hit that subscribe button so you do not miss an episode.