Growing with teams can be an extremely effective way to boost profitability, marketshare and efficiency. Good teams are dominating the market. The 80-20 rule skews closer to 90-10 in real estate. 10% of the top in every office cover about 90% of the company dollar. This is applicable across brands and models for offices of any size or scale.
Growing with Teams
We were approached by a client who had a problem. They wanted to grow. The ambitions were significant, but building the office through traditional strategies was proving futile. As we collaborated, they related with and enjoyed working with other high performers. They were miserable and fruitless when working with the “average” agent. Growing with teams was a perfect solution for them.
We’ve been building teams for over two decades. Far before they were fashionable. In those two decades, we have discovered what works and what doesn’t. While there are several was to structure a team, there are certainly models which are more profitable than others.
With this knowledge base, we worked with the client to shift their focus to a growth by team model. Building an office by actively building teams inside of it. Within 12 months, the client grew by 400% and was able to cut the time they spend “managing” from 30 hours down to 10 a week.
Here is the simplified overview. It is designed to be printed on 11×17 in paper and can serve as a map for your own success.
Download the Growing with Teams PDF
Looking for the Ultimate Real Estate Team Structure?
A Parting Thought
We hope that the information provided is helpful in guiding you on your journey to building a thriving real estate business.
As luxury real estate broker consultants, real estate recruiting coaches, real estate business consultant, and CEO consultants for real estate, we are confident that our resources, insights and strategies can help you achieve your goals.
Remember, success in the luxury real estate industry starts with knowledge and strategy, and we are here to provide you with both.
Here are some links to our more popular resources:
Downloads for your Real Estate Business
Luxe Real Estate Report and Forecasts
Tools for your Team or Brokerage
For additional and real time insights, updates and news from our Founding and Managing Partner, Chris Pollinger, you can follow him on LinkedIn – Twitter – Facebook – Instagram
