In this episode of the Texas Land Guys Podcast, Tim and Tom Dosch, alongside partner David Marshall, share the inspiring story of how DMRE, a leading Texas land brokerage, was founded. They reflect on the company’s early challenges, particularly the emotional transition from their previous firm in 2017, and the challenges posed by Hurricane Harvey. The team emphasizes the importance of strong partnerships, efficient processes, and adaptability, especially during tough times like the COVID-19 pandemic.
The podcast also explores the creation of 100X Harvest, a nonprofit initiative that exemplifies the team’s commitment to creating a positive impact beyond just business success. They discuss how they navigated the setbacks caused by the pandemic, focusing on trust, resilience, and strategic decision-making. The team shares how hiring key personnel during the downturn, especially in Austin and Dallas, helped them emerge stronger.
Join the conversation and discover how adaptability, strong partnerships, and a focus on giving back can lead to success in the face of adversity. Subscribe for more insights into Texas land brokerage and entrepreneurship!
Key Takeaways
Introduction to DMRE and its founders
Launch of DMRE in July 2017 and the initial challenges
Emotional experiences during the transition from a previous company
The impact of Hurricane Harvey on the real estate market
Strategies for navigating challenges and seizing opportunities
Insights into the evolving land market in Houston
Establishment of 100X Harvest and its mission
Importance of teamwork and efficient processes in company growth
Adaptation to market changes and the COVID-19 pandemic
Commitment to philanthropy as part of business values
Strategic decisions made to adapt and grow during adversity
Rebuilding and expanding teams amidst downturns
The value of trust, resilience, and team dynamics
In This Episode:
[00:03] - Introduction
[00:52] - The early days
[01:18] - Transitioning to DMRE
[02:51] - Working in a shared space
[03:39] - Challenges during launch
[04:54] - Significant listings and opportunities
[05:26] - Pitching high-profile deals
[06:16] - Market recovery post-Harvey
[09:13] - Unique development projects
[10:01] - Land market trends
[10:50] - Starting 100X Harvest
[11:38] - Success vs. Significance
[12:03] - Building relationships with nonprofits
[14:58] - Desire for growth and giving back
[15:49] - Impact of brokerage work
[17:31] - Key listing engine development
[18:23] - Organic growth and team building
[20:16] - Process efficiency and technology
[20:58] - Entrepreneurial spirit and adaptability
[21:16] - Initial expansion attempts
[22:40] - Learning from trial and error
[23:10] - Innovation and embracing failure
[24:03] - Value of partnership and team dynamics
[26:43] - Trust and investment in partnerships
[27:18] - Impact of COVID-19 on the business
[27:48] - Navigating the COVID-19 downturn
[32:56] - Rebuilding offices post-COVID
[32:20] - Hiring during uncertainty
[34:43] - Pipeline challenges
[37:49] - Investing in technology
[40:36] - Resilience through challenges
[41:44] - Conclusion and future topics
Resources and Links
Texas Land Guys Podcast
Links
Tom Dosch
Tim Dosch
David Marshall
