To Join A Team....To Create A Team....My Opinion On Teams

By
Services for Real Estate Pros with RE/MAX Executive Realty 104763

Some agents belong on a team and some do not.  How does one determine if joining a team is a good decision?  Teams are not a good fit for everyone.  It depends on your long range goal and your dedication to your profession. Most agents join a team for the wrong reason and it only results in a setback for them.

In my opinion, the only valid reason for joining a team is to give an agent, who has potential to stand alone and survive, the opportunity to be mentored and trained to accomplish that goal.  Eventually, that agent may be strong enough to break away and work independently. 

If an agent does not need the support and is capable of searching for the methods and tasks necessary to make the phone ring, there is no reason to join a team.  The ultimate goal, in my opinion, is for that agent to create his/her own team.  That is an endeavor that requires many years of preparation, if you want your team to be successful. 

It all starts at the top.  If you’re a successful agent and you’ve created a strong following; if you have marketing skills that allow you to continue to strengthen your position; and if you are secure enough with your own ability to succeed that you can share your knowledge with others and not feel threatened, you are an ideal candidate for creating a team of your own.  If any of those factors are missing, your team will not be a strong one. 

Teams should not be used as a crutch.  Each team member should work independently to establish his/her own following that will add to the strength of the team.  Strong team members who are focused on different geographic locations will add to the creation of a strong team.  If you have the ability to stand alone and continuously earn a consistent income, you could easily create your own team and that will afford you income forever.  Another goal we all strive to accomplish!!

Posted by

       

Barbara Todaro

Marketing Agent for The Todaro Team

308 W. Central St...suite E

Franklin, MA 02038

508-918-9148

Exclusive Marketing Agent for The Todaro Team

 

             Copyright © 2009 - 2019 Barbara Todaro

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Laura Cerrano 04/19/2012 02:36 AM
Topic:
ActiveRain Community
Location:
Massachusetts Norfolk County Franklin Top Listing Real Estate Office Re/max Executive Realty
Groups:
Active Rain Newbies
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Real Estate Rookie
Posts to Localism
POSITIVE ATTITUDE for the Weary Soul
Tags:
joining a real estate team

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Rainmaker
1,317,551
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

I have often wondered about the pros and cons of a team... I think you have spelled this out very nicely in this post.

Apr 19, 2012 12:29 PM #52
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2,008,627
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Barbara - As always, you have great wisdom to share, and you've given me things to consider.

Apr 19, 2012 12:43 PM #53
Ambassador
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

I had a friend who shortly after getting his license decided to join a team. For exactly the reasons you stated. Unfortunately, there wasn't any mentoring going on. There wasn't even any sharing of leads generated by the team. He was expected to develop his own systems and generate his own leads without any assistance but the team still took a big chunk of his commission. He did this for about 9 months and then realized his mistake. As you suggested, it took him quite awhile to recover from that experience and hurt his business. As a result, I never joined a team. Didn't want to chance having the same thing happen. Looks like I made the right decision.

Apr 19, 2012 01:15 PM #54
Ambassador
4,300,186
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Barbara, great post. I am a loner, or so do I think.

About the team, I believe, each member is equally important - and should have a specific task assigned to him/her such as transaction coordinator, buyer's agent, marketing specialist etc etc. 

Team Leader's job is to keep the team together, motivated and get the best out of their members.

Learning/mentoring is just one of the many benefits of being on a team, I believe.

(ooops missed the ActiveMeetUp today - too many things in just one day - RainCamp, a Realtor.com seminar, business to take care of....wish some of you do write about our today's ActiveMeetUp).

Apr 19, 2012 01:42 PM #55
Rainmaker
809,919
Evelyn Kennedy
Alain Pinel Realtors - Alameda, CA
Alameda, Real Estate, Alameda, CA

Barbara:

Everyone has said what I am saying already.  You did an excellent job outlining why one would join and team or would not join a team.

Apr 19, 2012 02:29 PM #56
Rainer
393,282
John Souerbry
Cordon Real Estate - Fairfield, CA
Homes, Land & Investments

I've always thought that the purpose of a team is to make the team leader filthy rich.

I stand by that.

Agents who are skilled have the option to some day lead a team of their own....

 

Apr 19, 2012 02:47 PM #57
Rainmaker
637,278
Maria Morton
Chartwell Kansas City Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Barbara, your enthusiasm for your team is well known and I think you must do a great job on the marketing. The dynamics of each team is interesting.

Apr 19, 2012 03:26 PM #58
Rainmaker
4,797,311
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Please allow me to disagree a bit.  Teams can also highlight the strengths of the members and can be used to more effectively utilize the effective strengths of those members.  Done well, they can be awesome.

Apr 19, 2012 09:39 PM #59
Rainmaker
2,997,982
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Good Morning Barbara, congratulations on your feature of this well written blog. I think teams are great one each persons strengths compliment each other and each person is putting in equal amounts of work. I have seen many teams crash when 1 person did all the work. Have a great Friday

Apr 19, 2012 10:36 PM #60
Ambassador
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Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

I would think that there are lots of  pros to being on a team. However, it is a lot like marriage. We had better be careful who we chose as a  partner.

Apr 19, 2012 10:39 PM #61
Rainmaker
528,731
Karen Feltman
Cedar Rapids/Iowa City, IA KW Legacy Group - Cedar Rapids, IA
Relocation Specialist in Cedar Rapids, Iowa
I have recently decided to add an assistant. I have chosen to put her into pre-licensing classes and through our initial discussions, she does not want to be on her own. She likes the opportunity to work with someone to better all involved. She will be my first "employee" and she has enough enthusiasm to make it work. It takes the right attitude to share your experiences and to train them, as Tom said. If she can get the non-income producing things done for me, like transaction management, showing feedback, market reports, etc., it will free up more time for me to connect with past clients and search for new ones. I am on my way to building a team and you have given me some great things to think about! Thanks and I hope all is well for you and your family.
Apr 19, 2012 11:41 PM #62
Rainmaker
2,455,034
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

All good points in and out of the post...Let's not forget where it all ends up...RESULTS...focus on that. How we get to a result makes for good conversation..but getting them is the point..good one here B

Apr 20, 2012 12:04 AM #63
Rainmaker
2,189,769
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

I run my team a little bit differently and, in fact, hope my team members never leave. But they have no reason to. I pay them the highest commission I am allowed because they are worth every penny. They work almost exclusively with buyers so I don't have to. I give them all of my leads. Every so often, they take a listing if I'm too swamped as well. It's been working out great. They seem happy because they don't have to prospect for business. I'm happy because I get to focus on what I prefer to do, which is listings and working with sellers.

Apr 20, 2012 12:40 AM #64
Rainer
158,244
Anthony Daniels
Coldwell Banker - San Francisco, CA
SF Bay Area REO Specialist

If the team concept is your thing, then good for you.

Newbies just need to beware those "teams", formed by experienced sleazy poachers.

Good post.

Apr 20, 2012 01:26 AM #65
Rainer
147,871
Kimberly Tapscott
Keller Williams Prestige Properties - Stamford, CT
Giving you the service you deserve!
Here's a good one too. I like the fact that you gave the pros and cons. I've watched a couple of "teams" in my office grow and die...it's a big stepmto take, but with the right systems and support And most of all themmright attitude I think things can work out for the best!
Apr 20, 2012 01:42 AM #66
Rainer
128,548
John Fauth
Coldwell Banker King Thompson - Grove City, OH
Turning your dreams into an address!

As stated before it comes down to quality leads. I thought about a team when I first started as a way to learn the buisness under someone who was doing well and then break away myself. In the long run it may have helped me at the begining. Good topic!

Apr 20, 2012 09:50 AM #67
Rainmaker
752,541
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

I would be interested in teaming up with another agent so we can cover for each other when one is not available.

Apr 21, 2012 01:06 PM #68
Ambassador
1,295,629
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Barbara - Great post about the pros and cons of teaming.   A team should be strictly to bolster the revenue, and help one another  - each cog of the wheel makes up a whole - is the way I look at it...

Apr 24, 2012 09:33 AM #69
Rainmaker
623,310
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Raleigh - Cary Triangle Real Estate 919-602-8489

Barbara - Great Post. Everyone needs to understand what their role is on the team and most of all, it needs to benefit the client.

Jun 03, 2012 06:34 AM #70
Rainmaker
1,491,718
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I like working in a team since you have more support and accountable to each other. When you work alone, it is harder to discipline yourself.

Aug 08, 2015 04:27 PM #71
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Barbara Todaro

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