Real Estate, etc... by Eric Michael: ALL Real Estate Agents Are Part Of A TEAM!

ALL Real Estate Agents Are Part Of A TEAM!

ALL Real Estate Agents Are Part Of A TEAM!

There's been some talk recently about whether being a Big Real Estate Team is better or worse than being a sole real estate agent on a transaction.

Without bashing either angle, here's my view:

I work as a single agent, but believe it or not, I have a TEAM.

There's no way to get a real estate transaction done, from start to finish, alone. It's impossible!

We need help from a lot of people, including the agent on the other side.

Here's a few more people that are on my TEAM:

  • My Broker
  • My Office Manager
  • The various secretaries that help out with things here and there in my office
  • The Title Company
  • The Home and/or City Inspectors
  • Home Warranty Companies
  • Insurance Agents
  • Contractors
  • What about a Mortgage Professional? Wouldn't you like one on your Team?

This list can go on and on.

Still think you can go it alone? I'd love to hear how you do it!

 

 

Eric Michael, Real Estate Professional
Remerica Integrity, Realtors
41000 W. 7 Mile #105
Northville, MI 48167

Cell: 734.564.1519

Fax: 248.912.9996

www.ShortSaleInfoMI.com

www.EricMichaelOnline.com

Comment balloon 61 commentsEric Michael • June 30 2013 02:51PM

Comments

Eric, We have certain people that while their names aren't registered with our office, are a very critical part of our preferred team.  Outside our office, a dependable loan officer and home inspectors are at the top of the list.

Posted by Liz and Bill Spear, RE/MAX Elite Warren County OH (Cincinnati/Dayton) (RE/MAX Elite 513.520.5305 www.LizTour.com) about 5 years ago

BLiz, you gotta have people on your side!

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) about 5 years ago
If I forget to reblog this tomorrow, remind me please. I agree with this concept and you worded it perfectly.
Posted by Cheryl Ritchie, Southern Maryland 301-980-7566 (RE/MAX Leading Edge www.GoldenResults.com) about 5 years ago

You are right, Eric. I have recently concluded that I need VIRTUAL ASSISTANTS on my team.

The team changes with each transaction:

  • I am now looking for a DOWSER (aka Water Witch) to help me know where well water may be found.

  • I also need a SURVEYOR sometimes.

  • Sometimes we need a 1031 Facilitator.
Posted by John Mosier, Prescott's Patriot Agent 928 533-8142 (Realty ONE Group Mountain Desert) about 5 years ago

Cheryl, my memory isn't what it used to be, but I'll try! lol Thanks.

John, for sure! We don't always need a mold remediation specialist, but when we do, we bring one on the Team!

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) about 5 years ago

Eric, you are absolutely correct.  Although we often work as a single agent in a transaction, we DO have that backup team, we almost have to.  It is amazing how much we depend on our title, escrow, management, etc. during a transaction.

Posted by Jean Hanley, Specializing in Folks Who Want To Buy/Sell Homes (Coldwell Banker Kivett Teeters) about 5 years ago

Jean, you got it. Without them, we're dead in the water.

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) about 5 years ago

Excellent post Eric.  Our team goes way beyond our "team."  We have title companies, lenders, etc etc etc.  Very good post.  Sugggested.  

Posted by Amanda Christiansen, Christiansen Group Realty (Christiansen Group Realty (260)704-0843) about 5 years ago

Hi Eric, you are right on, without the team members you had mentioned will be difficult to have a successful closing.  

Posted by Kwee Huset, Venice Florida Homes For Sale (Kwee Huset Realty) about 5 years ago

Yes they are part of my team too! Have a great week!

Posted by Sussie Sutton, UTR TEXAS Realtors - Rep for buyers and sellers. (UTR Texas Realtors) about 5 years ago

Eric, I personally like your idea of a team.  You as the individual agent, and then assisting you would be every individual (and then some) that you mention.

I have know more agents who have received more business from sellers who have listed with a "team leader" only to never hear from that person again as their transaction progresses (or doesn't.)  In some ways I could see how it has some similarities to the good ol' bait and switch.

Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) about 5 years ago

Working together with others to accomplish a common goal usually results in an efficient way of conducting business. Thanks for your post that highlights that though a realtor may not be formally part of a large group of realtors, that many people are needed to bring a deal to its close.

Posted by Ralph Gorgoglione, Hawaii and California Real Estate (800) 591-6121 (Maui Life Homes / Metro Life Homes) about 5 years ago

I run across those who try to do it all without a team and they  never seem to deliver.  I'll take a team any day.

Posted by Bryan Robertson, Broker, Author, Speaker (Intero Real Estate) about 5 years ago

That's my kind of team too E.  Surrounded by great folks in the industry helping me help my clients.

Posted by Tammy Lankford,, Broker GA Lake Sinclair/Eatonton/Milledgeville (Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668) about 5 years ago

Eric,

I like that you wrote "Real Estate Agents" and not REALTORS. Too often I read blogs where REALTORS are used in the meaning agents, and people, who are considered to be professionals find nothing wrong with this.

As for a team, I see what you are saying, but I wouldn't necessarily agree that this is a team. But I do not have the broker to help me out, as I am the broker, and I do not have office manager.

My team is my family, my wife and my son, who work with me. I work with other agents, of course, but they are not my team. Does not mean that I have to be rude, absolutely not, I just do not see them as part  of my team.

But, probably, it is only semantics.

Posted by Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices (Daytona Condo Realty, 386-405-4408) about 5 years ago

Eric - We definitely need help from others in this industry.  Whether they're a team or not depends on how we work together.

Posted by Christine Donovan, Broker/Attorney 714-319-9751 DRE01267479 - Costa M (Donovan Blatt Realty) about 5 years ago

Absolutly correct. Without a team we are nothing.

Posted by Agneza Vujkov about 5 years ago

Eric - Very well said.  And, having a great team is what can make all the difference. That post that you are referring to really bothered me as it was very short sighted.  Both teams and individuals can be effective and ineffective.

Posted by Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers (The Flooring Girl) about 5 years ago
You are correct and the mortgage side of the transaction has a long list of team members and we have have to dance to the same beat of music in order to close a deal in 30 days or less
Posted by Nathan Rufty - Home Loans at 909-503-5600, Mortgage Professional / Home Loans / Direct Lender (Mountain West Financial, Inc) about 5 years ago

I always remind my clients that while I do all the licensed activities, I do have other team members that take care of other things. I thinks it's important for them to know each persons role and who they should be contacting as it moves along. With VA's I don't need a physical assistant now.

Posted by Corinne Guest, The Choice of Professionals for Luxury Home Buying (Barrington Realty Company) about 5 years ago

I too have a team, infact they even have a PAGE on my website, so people do know who my "team" is. 

And then they go off and do their own thing, and question why things are not flowing smoothly. Why? Because the person YOU selected is not part of my team, and as such don't feel the same need to step up to the plate. 

Finding your own lender is the best example! 

Posted by Thom Abbott, Midtown Atlanta GA Condos For Sale (MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living) about 5 years ago
You're so right Eric! Those who say they do it all themselves are not giving credit to everyone involved in a successful transaction.
Posted by Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate (Wagner Real Estate Group) about 5 years ago

Eric, there is no way anyone could have a successful closing without the members of the team you mention.

Posted by Michael Setunsky, Your Commercial Real Estate Link to Northern VA about 5 years ago

     The "Team" in your sense of the word is going to vary from Transaction to Transaction.  Different Lenders, different Title Companies, different Home Inspectors, etc.   But I agree with the concept - there is a small Army of people involved in a typical Real Estate Sale!  

Posted by Fred Griffin, Licensed Florida Real Estate Broker (Fred Griffin Real Estate) about 5 years ago

Perfect Point Eric. We are all a team!

            Eli

Posted by Charlotte Luxury Real Estate, Eli Magids (Keller Williams - Ballantyne Area) about 5 years ago

Every agent needs that support system, but it's always better when it's just one agent dealing directly with a client.

Posted by Suzanne Otto, Your Montgomery County PA home stager (Six Twenty Designs) about 5 years ago

Excellent post!  I am a single agent that has a huge fantastic hardworking team and I am thankful for you all.

Posted by Rain Silverhawk, 208-610-0011 Sandpoint Idaho Real Estate Realtor (Keller Williams Sandpoint rain@lakeandhomes.com) about 5 years ago

Good post.  Also, the agent on the other side of the deal should be part of the team.  Sure, you negotiate against him, but after mutual acceptance, you are both aiming for the same goal - a successful transaction.

Posted by Roger Stensland, Let's Move! (The Cascade Team Real Estate) about 5 years ago

I Do agree!!  Yes we all have teams in one fashion or a other,  Keep up the good work and good luck with your business,  E

Posted by Ed & Tracy Oliva, The Oliva Team Arizona Agents (West USA Realty - Arizona) about 5 years ago

They are all part of the team and that is what makes Real Estate work. Agents though can become their worst enemy since agents many times work against each other behind the scenes.

Posted by Jimmy Faulkner, The Best Of St. Augustine (Florida. Homes Realty & Mortgage) about 5 years ago

Eric, 

Interesting point.  Besides even the team on OUR SIDE, getting a transaction to close takes teamwork in most cases with the other agent!  It's a unique profession, requiring us to work with a lot of people to make the property close.

All the best, Michelle

Posted by Michelle Francis, Realtor, Buckhead Atlanta Homes for Sale & Lease (Tim Francis Realty LLC) about 5 years ago

REal estate is a team sport--there is enough for all of us

Posted by Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (Real Estate and Beyond, LLC) about 5 years ago

Eric,

I just had this conversation in my office last week.  You are absolutely correct in that it takes many players to get a home sold. 

 

Thanks for sharing!

Kristie

Posted by Kristie Shores, Close With Kristie about 5 years ago

Yes to this post, its subject matter and its host...thank you

Posted by Richie Alan Naggar, agent & author (people first...then business Ran Right Realty ) about 5 years ago

I still find it hard to believe that this is one of the most RARE of professions that has not evolved into a BUSINESS instead of a huge majority of "independent contractors." Self-employed is a good thing...but self-employed-1-person-shop is crazy! 

Is there any other group that "runs their business" this way?

 

Posted by Curt Hess, Luxury Home Consultant, Team Leader & CEO (ExecuHome Realty) about 5 years ago

And don't leave the agent on the other side of the transaction off the list of team players!  It's crucial to have a good team attitude right from the beginning.  At some point during the life of every transaction I find myself saying:  we're all in this together.  If it's being considerate of each others' schedules, acknowledging their hard work, or assuming it will be an enjoyable experience, I try to be grateful for their part in the success.

Posted by Jean Jannopoulo, Coppola Realty Group (Love where you live) about 5 years ago

Feels good being part of a team doesn't it?  Get it Eric!!

Posted by Kerrie La Guardia, Let it Rain! (ActiveRain, Community Manager) about 5 years ago

I couldn't agree more.  I include a "Team" brochure in my listing presentations that includes all participants in the purchase or sale process.

Posted by Nancy Strabel about 5 years ago

Surround yourself with success.

Posted by Lyn Sims, Schaumburg IL Area Real Estate (RE/MAX Suburban) about 5 years ago

On some promotional material I give out, I include the office staff and others on it as part of my "team". I've started on a short video of them, but just had a change-up, so have to redo part of it.

Posted by Travis "the SOLD man" Parker; Associate Broker, email: Travis@theSOLDman.me / cell: 334-494-7846 (Team Linda Simmons, Enterprise, AL 36330) about 5 years ago

Great post Eric!  I always thought of myself as independent since I don't work on a team of agents but you just changed my thought process totally.  I now realize I do have a team and a excellent team at that! :)

Posted by Terry McCarley, REALTOR, SRES, CDPE - Cape Coral, FL (REMAX Realty Team - Cape Coral FL) about 5 years ago

Hi Eric, great post and well said!  Without that team not much would get done!

Posted by Bob Miller, The Ocala Dream Team (Keller Williams Cornerstone Realty) about 5 years ago

So true - it takes a team to get the job done. That's why it's so important to choose well when picking the other individuals who will assist in the effort. 

Posted by Marte Cliff, your real estate writer (Marte Cliff Copywriting) about 5 years ago

Agreed, however, it's important to select your team in advance of your opportunities.

Posted by Kimo Jarrett, Pro Lifestyle Solutions (WikiWiki Realty) about 5 years ago

Even though I work alone as a broker I understand I am part of a team.  Thanks for the post.

Posted by Gene Riemenschneider, Turning Houses into Homes (Home Point Real Estate) about 5 years ago

Jared, thank. Much appreciated.

Kwee, I'd say "impossible."

Sussie, I bet you have a pretty good team set up.

Karen Ann, the "big team" can work, I just think that most buyers/sellers that go that way get disappointed at some point in the transaction.

Ralph, exactly.

Bryan, I'd love to be a part of your team if I lived out there.

Tammy, we do what we know is best for our clients. Leaving them hanging isn't what's best.

Jon, unless you're a mortgage pro, a home inspector, a title company, I don't know how you can close a deal without the "team" I mentioned. I'd love to hear how you do it!

Christine, you're right! There's always someone out there that's determined to NOT be part of the team.

Agneza, yup.

Debbie, I'm glad you didn't name the other blogger. It's my intention to share my point of view, not bash theirs. Thanks!

Nathan, we have to rely on each other!

Corinne, I didn't mention VA's, but they were in the "etc." part.

Thom, I'll give someone not on my team a shot, but I explain the potential hazard of using someone outside of my "gang." I also try to get my person in there for a "second opinion."

Michael, we agree totally.

Fred, I'm sure you'll agree that we plug in our people, when needed, to get the job done.

Eli, thanks. You're another one who gets it.

Suzanne, that's impossible. I can't have the mortgage person, inspector, etc., contact me all the time to relay things to the client. They need to be invovled. But they also need to keep us in the loop.

Rain, you're welcome :)

Roger, you couldn't be more correct. In fact, that's another blog for another day.

Ed, thanks, pal!

Jimmy, if we could erradicate that, it would be awesome!

Michelle, it's a team sport. We all need to work together.

Harry, I just said the same thing to Michelle, above!

Kristie, and thank you for the nice comment.

Richie, thanks, buddy! I appreciate it.

Curt, I'm not sure I follow you. A doctor has a radiologist, anesthesiologist, secretaries, drug reps, etc. on their team. What's wrong with doing it this way?

Jean, you're correct. We all need to work toward the end result.

Kerrie, for sure! You're part of my team, too!

Nancy, that's a GREAT Idea!!

Lyn, every chance I get.

Travis, I'm gonna start doing that.

Terry, and now that you see it, you can start showing how much more Value it brings your clients.

Bob, very little. Very little.

Marte, they all know where they stand. Anyone can be replaced/upgraded, right?

Kimo, in a perfect world, that's the best way. In this business, sometimes you grab people as you're flying by.

Gene, thank you for commenting. And agreeing.

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) about 5 years ago

Eric, we ARE a team, whether you are a part of a large company or not.   Being an independent broker/owner I have no agents with me, but definitely have amazing partners surrounding me!

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) about 5 years ago

A real estate transaction is certainly a team effort made up of all the people you mention.  Everyone needs to work together for a smooth process.

Posted by Jane Peters, Connecting you to the L.A. real estate market (Home Jane Realty) about 5 years ago

Joan, thanks.

Jane, the more we work together, the smoother things are.

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) about 5 years ago

I can't think of one to add! Great list and  great words to remember!

Posted by Barb Szabo, CRS, E-pro Realtor, Cleveland Ohio Homes (RE/MAX Trinity Brecksville Ohio) about 5 years ago

Barb, thanks! Hope everything is going great for ya!

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) about 5 years ago

Eric, agreed!  There are many individuals working together to get the deal done.

Posted by Nick T Pappas, Madison & Huntsville Alabama Real Estate Resource (Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Huntsville AL) about 5 years ago

Nick, good to see you around. Without most of the members of our "team," we'd never get the job done.

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) about 5 years ago

Eric, 

It takes a whole team to get from list to closing even if they don't all work for the same company.  

Nicely done.

Posted by 1 ~Judi & Don Barrett & Chassy Eastep - Integrity, BS Ed, Integrity Real Estate Services -IDABEL OK (Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745) about 5 years ago

Judi, thanks!

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) about 5 years ago

I do business with a few Realtors that are literally one person operations. I don't know how they do it. Nice post!

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) about 5 years ago

Joe, are you serious? They do the inspection, mortgage and title work themselves? I'd love to see that!

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) almost 5 years ago
Hey, where are you? Back to blogging time! I enjoy your posts!
Posted by Cheryl Ritchie, Southern Maryland 301-980-7566 (RE/MAX Leading Edge www.GoldenResults.com) almost 5 years ago

Cheryl, I'll be back. I have a few things going on right now. Give me a call if you want.

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) almost 5 years ago
Eric, that's a great way to look at it. Home buying does involve a lot of people!
Posted by Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES, Florida Waterfront and Country Club Living (Tropic Shores Realty - Ich spreche Deutsch!) almost 5 years ago

Silvia, it sure does!

Posted by Eric Michael, Metro Detroit Real Estate Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI) almost 5 years ago

Participate