Going into business for yourself is a great and scary thing. If it’s time to start your own real estate team, you may be wondering where to begin. With the right preparation, you’ll be closer to success. Here are a few tips on how to start a real estate team.
How to Start a Real Estate Team | Purple Moss Photography
Set Your Goal
The first step for how to start a real estate team is to establish your revenue goals to determine the number of leads and members you’ll need to make them. Since you’ll be in charge, your responsibility lies in being the main lead generator, so make sure that your systems are in good shape and ready to manage an increase in the number of leads that you’ll have coming in.
Consider Who You Should Hire and When to Hire Them
Wait until you have your core business system in place to hire agents. Once you hire agents, you’ll want them to be in the position of being ready to sell instead of worrying about your agency’s workflows. Hire administrators first – then hire your agents.
Arrange for Headshot Photography
Once you have a base team in place, arrange for headshot photography. Be sure to use a photographer who offers composite team photos. That way, you can add to your company’s team photo as your real estate business grows.
Focus on Training
In the real estate industry, communication is important. Train your agents to use plain language when talking to clients. Homebuyers hire real estate agents because they don’t understand the ins and outs of the real estate process. Encourage your agents to tone down their sales pitch and increase their personal touch. At the end of the day, you want your clients to be happy and comfortable.
Be Cautious with Hiring
In real estate, there are big personalities who are mainly interested in getting their name out there, and while this can be great for profits, it may not work for the health of your team. When hiring, consider bringing on one or two people during your offseason and have them shadow you for a bit. Once your busy season arrives, they should be ready to handle their own showings. Make sure that you mesh well with your agents.
Starting Your Own Real Estate Team
If it’s time to start your own real estate team, these tips can help you obtain success in the industry. At Purple Moss Photography, we can help you with your composite team photos, ensuring that you’ll be able to add pics of your new team members seamlessly. Contact us to set up an appointment today.