More Teams

By
Real Estate Agent with Prudential Az Properties

Hey thanks, I've received some good input on the teams so far.

Most input has been about the traditional teams, (there is a lead agent usually the lister then there are several buyers agents all working for a common goal).

What I like to know is if there is an advantage to having 4 or 5 powerful agents that do well on there own, can there be an advantage and thus more collective business when all are on a team. Obviously you reduce some of the collective overhead, but can lead generation, referals, and ultimately closes increase for the 4 or 5 agents if they act as a team. Also obvious is the fact they they all need to play well together and of course top producers aren't always team players so for it to be successful the individual will need to garner greater rewards as part of the team than as and individual. Then there is the problem of splitting commissions. Maybe there is no split and each pays his own way, or maybe it is more like 10% into a kitty then divided as needed? I'm not sure but any ideas would be greatly appreciated.

Comments (3)

Cory & Tracy Frantzick
RE/MAX Associates Plus - North Branch, MN
I would STRONGLY say NO!  I had a team set up like that and it failed miserably, one agent does all the work, while the other skates on by.......  My saying now, is the only team I will be a member of, is one where I sleep with her every night....
Apr 03, 2007 08:41 AM
Michael Williams
Prudential Az Properties - Phoenix, AZ
I don't know, if I do this it will require that I upgrade to a California King Bed!
Apr 03, 2007 09:05 AM
D B
Quakertown, PA
e-PRO, Realtor - Bucks County PA - 610-952-3578

actually we have a very successful team here in QUakertown PA  www.bradburyteam.com

Each Realtor handles their deals, be it buyer or seller.  The team is there if they need help.  We have a team assistant that does paperwork and contracts for us all.  The Realtors go out and bring in the deals.

It works well for us.

Don Bradbury 

Nov 01, 2007 11:21 AM