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I know you’ve heard of the phrase “strength in numbers,” and on today’s episode we’re taking this concept deep into the world of real estate. I’ve invited Michael Hellickson, Real Estate Coach from Club Wealth, on the podcast to talk about the concept of teams in real estate, why they are so important today, and how they are taking over the industry.
Sure, being a one-man super real estate agent may sound like the dream job, but no matter how successful and efficient you are, your transactions will max out if you go it alone. As Michael says, “If you don’t have an assistant, you are one!” And that’s where the concept of teams comes into play. By working within a team, you can segment the workflow, allowing each person to specialize in what they do best. Teams also provide more value to the customer.
As I’ve mentioned over and over again, the real estate brokerage model is broken and outdated in today’s industry. Agents more and more are turning to teams to gain the sense of community and assets previously found only in the traditional brokerage setting. Those who are successful in teams want an environment they can succeed in, without roadblocks to get in their way.
However, a perfect team won’t just fall into your lap. Michael and I discuss how to become a part of a real estate team, and what a good team can and should provide for you. Think you might have what it takes to build your own team and be a leader? We talk through some of the most common personality traits found in good team leaders. Lastly, as teams grow and become successful, they can expand to other geographical areas. Michael and I review the concept of the expansion team and how an agent no longer has to be limited by a particular geographical area. Real estate teams offer many advantages and I hope you will listen in for some great advice as you look to take your business to the next level!
- What is a real estate team?
- Why teams are so important right now
- Maxing out as a one-man army
- Traditional brokerage model is broken
- At what volume level should you consider joining a team?
- Common personality traits of team leaders
- Advice to new agent on joining a team
- Concept of expansion teams
Connect With Michael Hellickson
Facebook Page: https://www.facebook.com/ClubWealth/
Learn More About Michael Hellickson
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