Starting a Real Estate Team? here are some things to consider

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Imagine a trip to a doctor’s office. You walk up to the front counter, and there she is ready to check you in for your appointment. Then, he or she is ready to accompany you from the waiting room to the exam room again. She examines you and is at the front desk to collect your check for your insurance co-pay and to schedule your next appointment.

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In addition to seeing patients at various times during the day, this doctor will clean exam rooms after each patient leaves, call prescriptions to pharmacies, order and interpret diagnostic tests, do bookkeeping, and more. Schedules patients, follows up on telephone messages, meets with pharmaceutical company representatives and cleans office.

If this were your doctor, we’ll bet you’d think he’s either crazy or arrogant. After all, she most likely isn’t a trained bookkeeper, administrative assistant, or skilled in the hygiene practices in physicians’ offices.

The Market Update postcard is shown above. See more Here

When a professional works in a practice with many moving parts, it is foolish to anticipate wearing all hats.

Many agents across the country understood this long ago. “We are not professional photographers or stagers. Nor are we phone specialists or transaction coordinators. And, we don’t want to be either of those,” says a friend and agent in Los Angeles, California.

That’s why this agent built a team that provides professional expertise to each and every client. In his estimation, this team’s approach to real estate is what has made them so successful.

When you reach a specific volume, help is needed to take your business to the next level. Most agents start with Administrator Support.

However, the next level is to build the real estate team.

building your team

Before you jump into the hiring process, consider how you will structure your team. This helps you know who you need to hire and what skills to look for. Check out Chris Linsell’s great yet simple real estate organizational chart at Theclose.com.

To give you an idea of ​​how to staff your team, take a look at our California friends:

  • 3 Listing Coordinator
  • 3 Staging Strategist
  • an architectural photographer
  • sales coordinator
  • 6 phone experts to attract and reach potential buyers
  • 17 Buyer’s Agent
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Naturally, you won’t need this many team members when you start out, but as your business grows, consider adding more.

Each cog in the above well-oiled wheel works in tandem with the others. For example, the phone team recently received a call from a homebuyer interested in one of the team’s listings.

According to our friend, “Called at 10:30 a.m. Saturday.” “Our phone specialist returned the call two minutes later at 10:32, and alerted an agent on the team to show. This agent met the buyers at 1 p.m. to show the home. An hour later they wrote an offer. This The team’s approach sold our listing in four hours.

Impressive, isn’t it?

Check back soon for more ideas on building a real estate team.


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