How To Grow A Real Estate Team

First you’ve got to make a decision on whether this is what you really want to do. Having a team, whether it’s in real estate or any other industry is going to require a lot more dedication, a lot more time, and a lot more sacrifice than it would take just being an individual because you’re going to have to take care of multiple people’s issues, multiple people’s problems, and you’re also going to have to be available for those people to reach out to you whenever time comes that they need help.

So it’s going to take a lot more time, energy, and effort than you’re used to just being an individual and being responsible for what it is that you do on a day-to-day basis.
You’re also going to have to prepare your mind for the task at hand.

What that is going to entail is making sure that you are mentally equipped to deal with a second set of issues, a second set of problems, a second set of personality types. Because if you’re not willing to take on that initial responsibility and set the foundation that’s needed, then it’s going to crumble underneath you because the foundation hasn’t been solidly set.

Now, the first thing that you need to do in setting the foundation is to choose the right people. This is the most important step because you are going to have to deal with these people day in and day out. And so if you’re trying to attract people who have completely different personality types than yourself, you’re going to be embarking on an uphill battle.

Now, that doesn’t mean that you don’t want to have people who compliment you and the rest of the people on the team in different ways, but you guys have to be in line on a lot of the basics. This will include your general outlook on life, your belief system when it comes to the way to treat people, the way to actually do business. If you have the fundamental guidelines that are in line with each other, then you should be fine and you can adjust for different personalities along the way.

Now, the reason that you’re going to need to choose the right people, as I mentioned, is setting a great foundation. You’re going to have to take the time from the beginning to set the foundation for this team so that you can get everything as far as processes and expectations set from the beginning. That way, whenever you continue to progress, everybody knows exactly what they’re getting into, everybody knows exactly what to expect, and then you can maneuver from there. As long as expectations are realistically set from the outset, then you can always make adjustments in the future.

Now, once you actually set the foundation, now what you want to do is empower the team to work independently of supervision. A lot of times people will try to have so much control over the team that they don’t allow the team to work and produce and be creative independently of them making the decision as the leader. You have to allow the team to be motivated to take

ownership of what it is that they are handling at that particular moment in time. Nobody is going to treat your business like you treat your business unless you give them some skin in the game, unless you give them a vested interest and allow them to feel like they have ownership of what it is that they’re doing.