For many real estate professionals, the mere thought of bringing a new team member—or two—on board is all it takes to talk themselves out of even entertaining the idea.
However, creating a successful agent team will not only benefit your company (hello increased productivity, profitability and job satisfaction, goodbye having to tackle everything on your own), it’ll also go a long way toward improving your life and relationships outside of work. And who doesn’t like getting two things for the price of one? By forming a team, you’ll find yourself with more free time on your hands (just when you thought it wasn’t possible), which will ultimately result in a better attitude toward life. I can see you breathing deeper already.
Read how this Power Team closed a $16 million deal in four months!
While timing is everything—if you don’t have enough business to keep everyone busy and paid—adding to the mix will most likely cause more harm than good. But if you find yourself struggling to get everything done despite working 80 (or more) hours a week, bringing in a few extra hands may be the best thing you do this year.
If you’re still on the fence when it comes to incorporating a team-based approach into your business, take some time to think about the following statements. If any of them ring true, it may be time to start looking for some reinforcement.
• You have more clients or leads than you can handle. You’re actually referring surplus prospects to your competitors.
• You’re experiencing an increasing number of missed opportunities due to time and resource constraints.
• You find it more and more difficult to meet deadlines, or you’re chronically missing deadlines.
• You see an increasing number of mistakes and miscommunications in your work.
• You feel as though you never have enough time to do what you need to do—or would like to do.
• Family members are complaining that you don’t spend enough quality time at home.
• You skip vacations to catch up on work.
• You feel alone and frustrated. You want to share ideas and get feedback before bringing those ideas to life, but you have nobody to bounce those ideas off of.
• You have great ideas for improving your business, but you’re missing the key skills and talents to implement those ideas.
Even if you’re not 100 percent ready to jump on the team bandwagon just yet, keep the following sentiment from Mother Teresa in mind: “I can do things you cannot, you can do things I cannot; together we can do great things.”
Paige Tepping is RISMedia’s Managing Editor. When she’s not busy coaxing her cat out of the fridge with turkey, Paige enjoys experimenting in the kitchen, spending time outdoors and researching new watering holes.