Real estate teams are on the rise, according to a new in-depth report from Real Trends. Citing real estate coach Tom Ferry from a 2016 survey, the report — “The Real Estate Teams Playbook: Aligning Structures and Strategies” — said there are between 35,000 and 50,000 real estate teams in the U.S. And the numbers are growing, with 37 percent of teams formed one to three years ago and 26 percent of teams formed one year ago.
- Teams' transaction rates are growing faster than those of individual top-producing agents, according to Real Trends.
- There are between 35,000 and 50,000 real estate teams in the U.S., said the company.
- According to Real Trends research, almost 40 percent of teams were formed one to three years ago and 26 percent of teams were formed one year ago.
- What makes a good team leader? Lead generation and lead management, according to the report.
Power up your Indie Brokerage
Don't miss our Indie Broker Summit SF, July 17, 2018