Real Estate Mastermind Groups (2026): Real Prices, and Who They Suit

A real estate mastermind costs anywhere from nothing to $179,998, and both ends of that range are prices a real company publishes on a real page today.

I read the pricing page of every mastermind I could find, on the day I wrote this. Thirteen operators publish a real number. Ten publish nothing at all, and five publish a price for one product while hiding it for another. One sells a $179,998 leadership programme off a storefront with an add-to-cart button. Another gives its rooms away free and says so in writing.

What almost none of them publish is whether it works. Three come close: Rod Khleif's Warrior Program claims 305,000 student-owned units, Jake and Gino claim over 84,000, and Gobundance publishes a collective member net worth. All are cumulative totals with no denominator, no control group and no time window, and Rod Khleif's own footnote says they are compiled from internal submissions and do not represent the actual totals. Nobody here publishes a before-and-after on their members, and no rule requires them to.

Where I stand, before you read a word of this. I run Jamil Academy, which sells coaching, and the blocks below sell my own products. Coaching and a peer room are substitutes for the same money, so I compete with rooms named here and you should read every judgement knowing it. What I do not have is an affiliate link, a commission, a sponsorship or a comped membership with any group below. Every price came off a company's own page unless I say so.

Below: what they charge, what it takes to get in, what the research shows, and a calculator for how many extra closings your room has to produce to break even. If you are deciding between this and a coach, what real estate coaching costs is the sibling question, and the verdict at the end covers who each one suits.

What real estate masterminds actually cost

A reminder before the prices: I sell a competing coaching product.

Every figure came off the operator's own page on 21 September 2026. Where a company publishes nothing, that is stated.

Operator pricing pages, read 21 September 2026. The two event prices are last-cycle: both ran earlier in 2026 with no 2027 figure published.

Three things there are worth sitting with. First, the biggest name on the agent side is the most open about money. Tom Ferry publishes a price for a named thirty-person mastermind and for every coaching tier above it, which inverts the usual story.

Second, a published annual price beats twelve monthly payments by about seven per cent: Core is $8,388 against $8,988, Elite $14,488 against $15,588. Never price a room off its monthly number if an annual one exists.

Third, $197. BAMx and Massive Agent Society arrived independently at that figure. It is not the floor here, since PIVOT is $149 and Sell It starts free, but those are group training and a software tier rather than peer rooms. For a standalone peer community with live calls, two unconnected operators landing on the same number is at least a coincidence worth pricing against.

Who publishes nothing

Club Wealth, across all seven tiers including the one literally named Mastermind. Workman Success Systems. Ninja Coaching. Kevin Ward's Inner Circle Mastermind. eXp Elevate. Side's PartnerUp. The non-BOLD KW MAPS tiers.

The investor rooms, and what they charge

Same reminder: I sell a competing coaching product.

The investor rooms are where the money is. Ordered by first-year cost.

Operator pages read 21 September 2026. Investor Fuel figures are off its live checkout pages, which also show annual options at $12,999 and $14,999. Gobundance's prices, refund policy and cancellation terms are all on its own FAQ; the Emerge monthly figure is from its Emerge cart.

Gobundance is the outlier, and not in the direction the price suggests. It is the most expensive room here and it publishes the most: price, qualification bar, refund policy, cancellation window and its whole application process, on one FAQ page. Collective Genius publishes a gate and a thirty-day refund and no price. Think Multifamily publishes price, term and refund and no gate. Nobody else puts it all in one place.

Cardone Ventures is the outlier in the other direction: its masterminds sell off a public storefront, no application, no call, no qualification, and the $24,997 Business Mastery Leadership Mastermind adds to cart the way a hoodie would. The $179,998 at the top is neither a mastermind nor real estate. It is a leadership video programme, priced once, and it is here because it is the highest published price near this category attached to the lowest barrier to buying it. One name on every roundup does not belong on any: BiggerPockets is software and media, with no application, vetting or peer meetings at any tier.

The Real Estate Kickstart eBook

Where to start, before you spend anything.

FREE

no card needed

Get the eBook ›

Four different products, one word

Before you compare prices you have to notice that the word is doing four different jobs. Monthly prices for paid things called a mastermind run from $97 to $4,999, a spread of more than fifty times, and much of that gap is not quality. They are not the same product.

Club Wealth is the cleanest illustration, doing two of these at once. Its own blog, dated 30 July 2026, says most coaching companies will not publish pricing, then declines to publish its own, saying the number belongs in the strategy session conversation. It runs a coaching tier named Mastermind, gated at 751 units a year, with no price, and a two-day conference named Business Strategy Mastermind with exact prices on the page. Same brand, two meanings, opposite disclosure policies.

The practical use: when someone quotes you a mastermind price, ask which of the four they are selling. A conference ticket and a recurring seat in a thirty-person room are not comparable, and the word will not tell you which. Lab Coat Agents, which turns up on these lists constantly, is a fifth thing: a Facebook group that became a software company, with no room at all.

What it takes to get in

The rooms that publish a qualification bar do it in unusual detail, in the words of their own pages.

Operator qualification pages, read 21 September 2026.

The pattern worth noticing

Collective Genius spells out to the dollar who qualifies for each tier and says nothing about what any of them costs. 7 Figure Altitude gates hard in prose and publishes no price either. The rooms with no gate at all, Cardone Ventures, Think Multifamily, BiggerPockets, publish exact prices with a buy button. It is tempting to call that a rule, and it breaks on the hardest-gated room of the lot: Gobundance asks for a verified $10,000,000 and publishes its price, refund policy and notice period anyway.

Gobundance also publishes its process in full, which nobody else does: initial review in 24 to 48 hours, a 30 to 45 minute screening call with a membership advisor, a final interview with an existing member who makes the decision, and two to three weeks end to end. Everybody else says apply.

Work out your own break-even

A mastermind is not expensive or cheap in the abstract. It is expensive or cheap relative to what one extra closing puts in your pocket, a number only you have.

The line at the bottom is the one that matters. It converts the price into the percentage lift the room has to produce, then holds that against 8.1 per cent, the only figure anybody has measured for a peer group's effect on revenue under experimental conditions.

Run a $12,500 room against a median Realtor and the arithmetic gets uncomfortable fast. Nine sides a year, a $10,384 gross side, a seventy per cent split, and the room needs roughly 1.7 extra closings, about a nineteen per cent lift. That is more than double the 8.1 per cent the trial measured at midline and nearly double the 10.3 per cent it measured at the end, and the trial's meetings cost nothing.

Which does not mean the room cannot do it. It means nobody has shown that it does, and the burden sits with the seller. Weighing this against a different kind of help, whether you want a mentor instead costs far less, and joining a team and what the split buys is the version where somebody else carries the lead cost.

What anybody has actually measured

Here is the finding that took longest to establish. No real estate mastermind publishes a before-and-after on its own members. Not a share who improved, not a median change, not a comparison against anyone who did not join. Three publish something, and all three are stock totals, not outcomes.

• Rod Khleif's Warrior Program claims 305,000 student-owned units and $747 million raised, with its own footnote saying the figures are compiled from internal submissions, that not all deals are submitted that way, and that the figure does not represent the actual totals.
• Jake and Gino claim students have closed over 84,000 units and $5 billion in deal volume.
• Gobundance publishes a collective member net worth above $7 billion across more than 800 members.

Two of those are more than the rest of the category offers, and Rod Khleif attaches a caveat nobody made him write. But none is an outcome: no denominator, no time window, no comparison group, so none shows the room caused anything. Gobundance's is the clearest, being what members are worth, most of it built before they arrived.

That matters because the data exists. Member transaction counts sit in the MLS, which any operator's members can pull themselves. A before and after would be cheap and marketable. Nobody publishes one.

The one trial that measured revenue

Cai and Szeidl, Interfirm Relationships and Business Performance, Quarterly Journal of Economics, 2018. A randomised controlled trial, and the only thing here that supports a causal claim about the money.

• 2,820 young Chinese firms randomised, 1,500 into peer groups and 1,320 into a control.
• Groups of about ten managers, monthly half-day meetings, twelve months.
• Sales rose 8.1 per cent at midline, on an interval running from under one per cent to about sixteen, and 10.3 per cent by the end.
• Effects persisted a year after the meetings stopped, and firms randomly assigned better peers grew more.

Cai and Szeidl, Quarterly Journal of Economics 133(3), 2018, pages 1229 to 1282.

Now the caveats. The meetings were free, and more than free: both groups got a certificate granting access to certain government services for taking part. These are Chinese young firms, not American agents, and the authors say plainly their sample is not representative, being firms that answered an invitation to join a business association. And 8.1 per cent is a point estimate on a wide interval. I use it as the lower of the study's two figures, and the only one measured experimentally.

Two more findings worth carrying

A Kenyan trial randomised 538 inexperienced female microenterprise owners, 372 of whom attended, and mentored participants reported profits 20 per cent above control while classroom training produced no profit effect. Then the effect faded as the relationships dissolved, persisting only among those still meeting their mentors past twelve months. A room you attend for a year and leave may leave with you.

A larger trial, almost 5,000 entrepreneurs across 49 African countries, is often cited as showing peer groups fail. It does not: peer interaction raised the submission and quality of business plans, though only at intermediate group diversity, and badly matched international groups showed a small negative effect. The outcome is business plans, not revenue. The lesson is composition matters.

Where the numbers came from

One number does most of the selling here, and one aphorism does the rest.

You are the average of the five people around you

Attributed to Jim Rohn, with no primary source, and validated by pointing at the Framingham social contagion research, which supports much less than it is asked to. Its famous 57 per cent obesity finding carries a confidence interval running from 6 to 123, nothing in that literature concerns income, and the happiness study found no significant effect between coworkers, the relationship closest to a peer room.

The Lead Flow Activation System

What to actually do in your first ninety days.

$7

one time

See what is inside ›

Why nobody has to tell you anything

There is a straightforward reason no mastermind tells you what percentage of members achieved anything. Almost none has to. The FTC's Business Opportunity Rule requires a seller to hand over a disclosure document and a substantiated earnings statement, but only where three elements are present: the seller solicits you into a new business, you make a required payment, and the seller promises to provide locations, provide you with customers, or buy back what you produce.

None of which means an operator may say whatever it likes. Section 5 of the FTC Act requires substantiation for any earnings claim actually made, and several states reach further: California's statute catches an advertised plan whose total initial payment tops $500 while its cash payment stays under $50,000, where the seller supplies services to help you run a business and has represented that you are likely to earn back more than you paid. So the honest summary is narrower than nobody has to tell you anything. What nobody has to do is publish outcomes while making no claim at all, and silence is what this category has chosen.

The Commission noticed. On 13 January 2025 it proposed extending the rule to business coaching, renaming it the Business and Money-Making Opportunity Rule.

The vote was three to two on party lines, a regulatory freeze arrived that month, and it was never finalised. A mastermind still has no obligation to tell you what happened to anyone who bought one.

What enforcement actually looks like

Every action I could find is against investor education, not agent coaching, and the distinction gets blurred constantly. Zurixx settled in February 2022 with judgments over $111 million and a ban on selling real estate or business coaching; another settled in May 2023 for $16.7 million; a Utah court entered a $42.5 million judgment in 2024.

For balance, and it matters: I found no FTC action, state attorney general action or lawsuit against any agent-side mastermind or coaching company named in this article. Not Tom Ferry, Club Wealth, Workman, Ninja, Harris, BAM, Gobundance or Serhant. That history belongs to a different corner of this market.

How to vet a room before you pay

Almost every guide to choosing a mastermind evaluates the programme. Wrong object. You are buying the room.

• Who else is in it. The trial found firms assigned better peers grew more, so composition is the one variable with evidence behind it. Ask for the production range of members, not a testimonial.
• How many members, and how many in your cohort. A room of thirty and a community of two thousand are different products at similar prices.
• The renewal rate, and how many left last year. Nobody publishes either. Ask anyway.
• The total first-year cost, including join fees, retreat deposits, travel and extra events. Investor Fuel's join fee runs to $9,999 on top of dues.
• The cancellation terms, in writing, before you pay. Investor Fuel says in capitals there are no refunds in any way. Gobundance is non-refundable and needs 60 days' notice. Think Multifamily and Collective Genius give thirty days. All four publish it; a room that will not is telling you something.
• Ask for a member who left on good terms, and call them.

Who they suit, and who they do not

Who they genuinely suit

People already producing who have run out of peers. If you are the top agent in your office, nobody around you has solved the problem you are on, and the room is the only place to find someone who has. That is a real thing to buy, and why the isolation that pushes agents out matters more than agents admit: isolation is the problem, not tactics.

Team leaders and owners, where one structural fix to a split or a hiring ladder pays for the year. And people who need the calendar more than the content, which is how top producers plan a year.

Who they do not

New agents. The evidence points the other way and so does the arithmetic: at nine sides a year a $12,500 room needs a nineteen per cent lift against a measured 8.1 per cent. A new agent in a scaling room pays to hear problems they do not have yet.

Anyone whose brokerage already runs free rooms and has not been to one. Real Broker publishes its at no cost, in writing; check whether yours does, carefully, since eXp's Elevate gets listed as the same thing and is paid. Two months in a free room tells you whether the format works before you spend five figures finding out. And anyone who cannot answer what it is for: the rooms that work do one job, a specific problem and a specific set of people who have solved it.

What I would actually do

• Run your numbers through the calculator above before the call, not after.
• Go to a free brokerage room first, if yours has one.
• If you pay, buy the cheapest room containing the right people, not the priciest one you qualify for.
• Treat the first year as an experiment with a measurement attached. Write down your sides now, and check in twelve months.

That last one is the whole thing. The category has almost no outcome data because nobody measures it, buyers included. You can measure your own, which is more than any room here has done.

What I could not verify

Things I went looking for and did not find. Each is a hole in the argument above.

• No outcome study of any real estate mastermind exists, independent or self-published. The three totals quoted earlier are cumulative claims, not studies.
• No price obtainable for Collective Genius, 7 Figure Altitude, Rod Khleif's Warrior Program, Jake and Gino's Academy, Freedom Founders' core mastermind, Lifestyles Unlimited, Gobundance Women, Club Wealth coaching, Workman, Ninja or Kevin Ward's Inner Circle. All gated behind a call.
• Gobundance's own pages disagree on the Elite net worth bar, by a factor of two, and its price is on the FAQ but absent from the membership and tier pages a buyer reads first.
• Ninja Selling's own pricing pages were unreachable. A third-party site reports $600 to $800 for its four-day installation, which is hearsay.
• No independent listing-side commission figure could be located. The calculator uses Redfin's buy-side average, thousands of transactions a quarter across its own listings and partner referrals. A real sample, but not the market's.
• Three prices will date fast. Harris's $997 enrolment closes 30 September. The Tom Ferry Exclusive Mastermind and Real Estate Rockstars figures are for events that already ran this year, with no 2027 price published.
• NAR's figures come from a member survey, whose own two documents give teams both 31 and 32 median sides for the same year.

Go deeper

Top Realtor Playbook

The system I used to close 900+ homes.

See the Playbook ›

Common questions

How much does a real estate mastermind cost?

Published prices run from $0 to about $25,000 a year, with one Cardone Ventures leadership programme at a one-time $179,998 above the category. Real Broker offers masterminds at no cost, BAMx and Massive Agent Society charge $197 a month, Tom Ferry's top tier is $4,999 a month, and Gobundance publishes $5,000, $12,500 and $20,000 a year. Ten operators publish nothing at all.

Are real estate masterminds worth it?

Nobody can answer that with evidence, because no real estate mastermind publishes a before-and-after on its own members. Three publish cumulative totals with no denominator, which is not the same thing. The only randomised trial that measured what a peer group does to revenue found an 8.1 per cent lift, from free meetings. Work out what lift your room needs to break even on your production, and judge it against that.

What does Gobundance cost and who can join?

Its own FAQ publishes $5,000 a year for Emerge, $12,500 for Elite and $20,000 for Champion, non-refundable, with 60 days' notice required before renewal on the two annual tiers. Emerge is month to month and its cart also shows $500 a month, which works out at $6,000. Champion requires a $10,000,000 net worth with documents to verify it. Elite's requirement appears across four of its own pages at either $1,000,000 or $2,000,000, so check which page you are reading.

Do you need a certain income to join a mastermind?

For some, yes. Kevin Ward's Inner Circle asks for $100,000 GCI or three closings a month, Club Wealth's Mastermind tier is 751 units a year, and Collective Genius publishes dollar thresholds for each tier. Others gate in prose rather than numbers: 7 Figure Altitude says only that there are no beginners. Gobundance has the hardest bar of all, a verified $10,000,000 for Champion, and publishes its price anyway.

Are there free real estate masterminds?

Yes. Real Broker publishes its mastermind groups at no cost in writing, and says you can bring a friend. Be careful with ones called free second-hand: eXp's Elevate does include mastermind groups, but it is paid and publishes no price. A peer group you organise yourself with two or three agents at your level costs nothing.

How do I know if a mastermind is legitimate?

Vet the room, not the programme. Ask for the production range of members, the size of your cohort, the renewal rate, how many left last year, the total first-year cost including travel and join fees, and the cancellation terms in writing. Then ask what share of members increased production last year, and how they know. If a number comes back, ask for the denominator.