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DON'T FORM A REAL ESTATE TEAM UNLESS YOU ARE READY TO WORK HARDER

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Education & Training with Performance Development Strategies

I would tell anyone who wants to create a team, "Don't think about it unless you are willing to to do extra work." Creating a successful team requires right actions including careful selections and training and mentoring.  And then you have the challenge of retaining those high performers by keeping them engaged and producing results. Engaged agents will lead to loyal customers and loyal customers will lead to a sustainable business. In our business climate it is not enough to be good, we must exceed our customers’ expectations.

High Performing Team

But there is more.  There is no "I" in team so it does not help to have a bunch of self centered highly qualified but individual performers. You need cohesive and effective teams to make it happen, not people in individual silos. Everyone has different talents and it is important to leverage those talents. The power of your team is only as effective as your weakest link.

Creating a winning team begins with creating a culture that allows your people to challenge, to question, and to create. Get to know all of your team. Don’t just spend time with people with whom you are comfortable or those with seniority and experience. For example, some may be selected for their big picture systematic thinking and planning. Some may be selected for their attention to detail and getting things done right. Some may be selected for their consensus building and understanding of relationships. By the way you must look at that person that you perceive to be your weakest link. What is that person’s strength? Encourage him or her to leverage that strength.

Building a high performing team depends on the leader’s ability to construct relationships within the team. As the leader you must establish very clear goals and demonstrate full commitment to their achievement.

Trust is essential to success of the team. People must feel free to ask questions with the confidence that they will receive support and the information that they need. There must be honest, complete and open communication throughout the group.

Competency is important when creating highly effective teams. The personal competencies necessary for teamwork are technical and interpersonal skills, possibility attitudes, and the desire and ability to achieve goals. Technical competency is a thorough understanding of how to do the job and the skills required to fulfill the job requirements. Interpersonal skills are those skills required to successfully interact with others. Possibility attitudes include “All Hands On” confidence and a belief in one’s ability to positively influence outcomes. Each individual team member must bring high levels of personal and technical competencies. This means that every individual has a personal responsibility to make a positive contribution to overall team performance. Every team member knows his/her job, but they collectively have the attitude that each person on that team will do whatever it takes to get the job done.

 

DreamTeam

A skillful leader empowers an engaged team which creates loyal customers and business success.  Read a similar post on our website titled ALLOW YOUR TEAM TO CREATE THE BEST RESULTS.

Need help creating your engaged team?

Contact Us for a Free Consultation

or call 914-953-4458.

 

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PDStrategies.net

Armonk, NY
Port Saint Lucie, FL

(914) 953-4458
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Grant Schneider,
CBC, SPHR, SHRM-SCP*

*Certified Business Coach,
Senior Professional in Human Resources

President, Founder
& Leadership Coach

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Comments(64)

Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

(914) 953-4458 Grant SchneiderEducation & Training with Performance Development Strategies in Armonk, NY.

Jul 08, 2016 05:28 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Having a team is a lot of work Grant Schneider but well worth it!

Jul 08, 2016 09:29 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Grant Schneider great post for all to read who are considering creating a team "for the wrong reason"..... it's not for the self-centered, egotistical personalities....if you are groomed and well-versed with sharing and directing without giving everyone the feeling that you're Hitler's sister, you'll have a great run with it....I did...and now my daughter is running with it....

Jul 08, 2016 09:47 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Jan - yes, the individual is better as just that.

Wayne and Jean - once you build the momentum and synergy then it starts working well.

Will - thank you.

Lisa - yes, I think so too.

Barbara - what a great success you have had.

 

Jul 08, 2016 10:33 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the great tips and advice. I am thinking of forming a team.

Jul 08, 2016 10:35 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Gita - thanks for stopping by.

Jul 08, 2016 10:54 PM
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

All great points in this post. I have always said, if I ever partner with anyone, they will need to have skills that I don't (or stronger in a particular area than I have). When everyone has skillsets that are too closely related- often the value proposition disappears.

Jul 09, 2016 11:14 AM
Karen Feltman
Cedar Rapids/Iowa City, IA KW Legacy Group - Cedar Rapids, IA
Relocation Specialist in Cedar Rapids, Iowa

If created with the same goals in mind, teams can be a wonderful thing.  Finding someone to do the one thing that is their strength, using the personality profiles, etc. are all important to consider when building a team.  Communication is the key.  I have worked on transactions with teams where no one knew what was going on and there was a lot of extra stress trying to find out who the contact was for the deal.  But I have worked with other teams that work very well and have it figured out.  Thank you for the insight.

Jul 09, 2016 12:53 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Adam  - that makes sense too, having complementary rather than overlapping skills.

Karen - it sounds like you were working with dysfunctional individual performers.

Jul 09, 2016 10:19 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Grant most people do not get the idea all they think it is just more money:))) I love the fact that I am my own team:)) I am only accountable to me and myself....well to Diane, the bill collectors, my accountant, the Taxman....:)))Endre

Jul 10, 2016 03:13 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Endre - yes, isn't that the truth.  Lots of accountability.

Jul 10, 2016 11:51 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good mornig Grant Schneider ,

Excellent post that I missed. So glad Peter Mohylsky re-blogged it. A good team must have a skilled team leader at the helm who knows how to empower the team!

Jul 10, 2016 11:07 PM
Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Experienced Agent in Kansas City Metro area

Seems as though some teams work really well, and others...well there is a lot of confusion as to who does what.  I do agree it's the team leader that sets the tone!

Jul 12, 2016 04:18 AM
John DL Arendsen

Great answer Mary Hutchison, SRES, ABR If all your answers as good as that I'm going to start following you.

Aug 07, 2016 03:15 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Dorie -  thanks for reading.  I am glad to have Peter Mohylsky reblog.

Mary - that is my experience.  I t starts with the leader.

Jul 12, 2016 08:26 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Some teams work so well together and others are so disorganized and you don't know which member handles what. Your advice here is the way I think about it too.

Jul 12, 2016 11:52 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Debbie - I know many that think they look good by having lots of people.  They are so wrong.

Jul 13, 2016 12:03 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Grant Schneider "Creating a successful team requires right actions including careful selections and training and mentoring.  And then you have the challenge of retaining those high performers by keeping them engaged and producing results."

Right on target - and - Re-Blog!

Aug 06, 2016 10:59 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Tony and Suzanne - I appreciate that you are in agreement.

Aug 07, 2016 08:58 AM
Tammy Adams ~ Realtor / Podcaster
Maricopa Real Estate Co - Maricopa, AZ
A Maricopa Agent who Works, Lives & Loves Maricopa

Great post. Some folks who join a team expect things to be handed to them so it is important that you have clear expectations upfront. Great post. 

Aug 07, 2016 02:48 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Tammy - absolutely correct.  The leader shot lay out the expectations.

Aug 08, 2016 12:10 PM