Are you receiving our weekly Teams Beat newsletter? For the latest news, insight and trends on teams, subscribe here.

Surgeons are highly specialized.

When they perform surgeries, for instance, they don’t also act as their own assistants. And after the operation concludes, they don’t step in as the nurse and oversee a patient’s recovery.

Instead, they do the thing that adds the most value for their patients, and they stick to that.

Real estate is not medicine, but according to Wilson Leung a similar principle applies: Agents and brokers serve their clients best when they too zero in on their specialties. And teams help them do that.

“We, as individual agents that are consumer facing, we have to provide value,” he added.

Leung — a team leader with Own Real Estate in California — was one of several industry professionals who convened Tuesday during an Inman Connect Now workshop dubbed “Where Teams Go From Here.” In the workshop, the group explored the ways in which teams help agents improve their efficiency and better serve their clients. And while the agents’ perspectives varied, they all agreed that the advantages of teams are legion.

“I do think more and more agents are going to be looking at teams as a viable career path,” Vija Williams, director of Growth for Ben Kinney Companies, ultimately said during the workshop.

Clockwise from top left, Wilson Leung, Vija Williams, Jacqueline Smith, Sam Powell and Renee Funk at Inman Connect Now Tuesday. Credit: Inman

Leung’s point about specialization came up several times.

Earlier in the workshop, for example, Sam Powell — an agent with Pride Homes Chicago — said that she first formed a team when she became burned out. To help take off some of the burden and free up her time, she started working with a buyer’s agent. Over time, as the team grew, she realized one of the advantages of the model is the “ability to have a mix of personalities that like” to do a mix of tasks.

Teams can also help agents rise to a new level.

Renee Funk, co-founder of the Funk Collection in Florida, noted that working with a team helped her go from doing $8 million in volume a year to $50 million.

“I believe the industry is evolving,” she said, advising agents to “understand the goals” and “ask the right questions” as they explore teams.

Clockwise from top left, Wilson Leung, Vija Williams, Renee Funk and Jacqueline Smith at Inman Connect Now Tuesday. Credit: Inman

And Jacqueline Smith, of the Ben Kinney Team Vancouver, noted that teams hav often formed as people “were hitting a ceiling and they wanted relief in terms of time and freedom.” And like others in the workshop, teaming up with others improved her business.

“For me,” she said, “it was a way to fast track that growth and scale really quickly.”

Email Jim Dalrymple II

We’ve got a full slate of digital and in-real-life events planned for 2021, for the best community in real estate. Up next: Connect Now on April 20. Save the dates, and register now!

teams
Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription