When Jacobe Kendrick was in high school, “real estate” was something he and his teammates ate on some strong Lee football offenses.
His football success continued in the Air Force, where he racked up more than 1,000 career yards as a fullback.
After five years of service in the Air Force, Kendrick moved back to West Texas and began selling real estate. After its inception, Kendrick helped other real estate agents achieve the same success he had helping Midland-Odessa residents buy and sell their homes. From there he founded the Bolt Real Estate Group.
“He has everything a leader should have,” said Omar Medrano, a member of Bolt’s real estate team. “If he sees you going off course, he will put you on the right path and make sure you keep doing better. He is very good at teaching you this business. I’ve been in the real estate industry for a year and feel like I’ve been around a lot longer because he’s my team leader and mentor.”
Medrano, who graduated from high school in 2019, has been in business for a year. He is one of the younger associates – ranging in age from 21 to 38 – at Bolt Real Estate Group. Bolt isn’t much different from Midland itself, whose residents have an average age of 31 or 32, according to city officials.
According to Kendrick, the best thing about having a young team at Bolt is how ambitious and goal-oriented the employees are.
“You’re hungry,” Kendrick said. “I know a lot of young people have a bad reputation. People say (younger people) don’t work as hard as some of the older people, but I think they work just as hard, you just have to know how to motivate them.”
Kendrick also appreciates that its employees are always looking for new ways to solve problems and improve the brand.
Grown up in the middle of the country
Kendrick grew up in Midland, which he believes offered valuable prospects in the real estate business because he knows what makes this town tick. He’s seen the changes, the growth areas and knows even older areas – the more traditional parts of the city.
“They just know that with the oil, so can anything else in this town,” explained Kendrick. “There’s also a certain way of life for people down here, just knowing about it, growing up knowing what people go through in this industry. Knowing that we are hardworking and hardworking really helps.”
Kendrick and Bolt Real Estate found success in the Midland market, but he says the real estate business wasn’t on his radar growing up or during his college career.
Kendrick was participating in his Air Force Transition Assistance Program after his military service when the topic of financial IQ was addressed. This led to Kendrick’s discovery of the real estate business.
“I finally read”Rich father, poor father,” All I knew was that I didn’t want to trade time for money so they started talking about passive income and real estate was the easiest way to do that. Where the common man could come in with a little money,” Kendrick said.
Kendrick originally wanted to invest in real estate until he got his real estate license and helped a client buy his home. Experiencing firsthand the fun and joy of helping others find their new homes prompted Kendrick to continue down the real estate agent path.
Tapping into their youthful exuberance
One way Bolt has increased his visibility is through popular media. Kendrick is one-half of the Jerry and Jacobe podcast, where he talks about rules for success, the housing market, and overcoming obstacles in the business world, among other things. His YouTube channel showcases homes and provides viewers with expert knowledge of the Midland-Odessa housing market.
Kendrick said youth team members’ motivation comes from discovering their individual wants and needs, and then finding ways to help them grow and succeed.
“I think people are looking for companies and people to help them achieve their dreams, and that’s what I’m trying to help them do,” he said.
Medrano said he believes being in his early 20s means there are fewer distractions that get in the way of his passion for providing a quality experience for his customers throughout the buying and selling process.
“I am totally focused on Bolt Real Estate Group,” he said.
Medrano has recently seen an increase in young adults and young families moving to Midland, primarily for employment with oil companies or work in the oil field and related businesses.
According to Medrano, teamwork is key to Bolt’s success.
“From our assistant transaction coordinator to our team leader, we all work together as a team. We make sure everything runs smoothly,” he explained.
Through a vigorous work ethic, strong leadership and the use of media to promote their brand, Bolt Real Estate Group continues to grow every day.
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