Lesley Geary, who works for real estate news, talks about how a team can either be an asset and at times be a burden. He interviewed 3 agents and bases his conclusion hence. Here is what each had to say-
When you have great leaders on your team you can almost replace yourself and you are not held back by how many hours there are in a day. You can focus on generating new business. It allows me to do what I do best, which is to stir up more activity and opportunity and still have people doing the business. We have taken the team to another level by having managers in each division, so I don’t have to spend so much time hand holding. It really is a fortunate thing.
The biggest benefit is that everyone on the team doesn’t have to work 24/7. We cover for each other, allowing us all to take time off. I insist that all my agents take at least one “No Real Estate” day off a week. This really prevents burnout. Having a successful team gives us a greater presence in our marketplace. Having your signs everywhere is great for name recognition and market share, resulting in more business. Each one of my team members specializes in a specific area of real estate, allowing us to have a diversified real estate practice. Our clients love the fact that they are not just hiring an agent, but our entire team. Plus, if they can’t reach me, they can always reach the agent on call.
At its best I can be as efficient as possible having a team. I can delegate. Also, I don’t have to have my cell phone on all the time. We all cover for each other. I have different divisions and someone to take care of each step of the real estate transaction so the seller or the buyer gets super quality service and nothing slips through the cracks.
I too feel that working as team helps a lot. People are never perfect and they do need the help of other to get their job done. A real estate business needs a lot from the team members as the stress is enormous.
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