FACT: A functioning team will always out serve and out produce an individual.
There is so much you need to do to be a successful real estate professional!
From the lead generation, marketing, appointments, negotiating, transactions and paperwork … that trying to do it all on your own is nearly impossible.
Not all teams are created equal though.
And unfortunately we are seeing some good and bad practices when putting together a team.
Make sure and watch the video for more in-depth explanations.
4 Different Types of Teams
1. The Illegitimate Team
This a group of sales people with no one to run the operational aspects of the business.
2. The Family Team
This is the biggest segment of teams right now.
One of the biggest problems with this team is that there are no set and defined roles.
Also when the family goes on vacation the entire business goes on hold.
3. The Hero and The Minions
These are the rockstar agents that are incredible at what they do, but are also control freaks.
They have high turnover and they burn out quickly.
4. The Team Builder
These are the agents who know their niche and they do what they are best at, then hire experts for all other aspects of their business.
No matter what kind of team you have, we recommend the Team Builder approach, you’ll find that the type of entrepreneur who leads the team can vary greatly.
The team must be structured to account for the team leader being an artist or operator.