AgentBrokerage

How to build a profitable real estate team

Tim and Julie Harris discuss when and how to build best team for your business

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Takeaways:

  • Your broker, your franchise and the real estate industry itself are probably pushing you to build a team as fast as you can.
  • Some of the biggest names in the industry have never built a team; others have and regret it.
  • Here’s how you build a team the right way.

Bigger team, more transactions, more profits — right?

Maybe not. Your broker, your franchise and the real estate industry itself are probably pushing you to build a team as fast as you can, but they’ve got their own motives, which may not include growing your bottom-line revenue.

On our radio show, we’ve interviewed some of the top-producing real estate agents in the United States — and what we’ve found is that some of the biggest names in the industry may have a couple of assistants, but they’ve never built a team.

We’ve also interviewed many big-name, highly successful top producers who have built teams — and often they have regrets about it because their after-cost revenue is actually less than their net income had been as individual agents.

In today’s show, we’re going to drill down at the top of teams and how to do it the right way. When it comes to your financial health, it’s more important to build your team profitably rather than simply fast, so tune in and learn the best practices for building profitability as your build your team.

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Our reading list for today’s show: “The E-Myth Revisited,” “Quick Team-Building Activities for Busy Managers,” “Profits Aren’t Everything, They’re the Only Thing,” and “The Millionaire Real Estate Agent.”

 

Tim and Julie Harris have over 20 years’ experience in real estate. Learn more about their real estate coaching and training programs at timandjulieharris.com, or schedule a free coaching call with them at freecoachingcallsforagents.com.

Email Tim Harris.