Who can start a team?
Any active BRG agent can start a team
That’s an understatement. In fact, BRG was started because the options for Teams at other brokerages just weren’t easy to navigate or financially viable. We’ve made it part of our mission to support and help build great teams.
We get it, you have questions…
and we’d love to answer them.
Here are some questions you may be asking yourself.
You should start a Team if you have a desire to lead, grow, and see others grow; if you have been in the business for a couple years and have established a consistent business year after year that includes referrals, other lead gen strategies; and have systems in place to support your team members and admin staff.
When you are too busy to properly service the clients and lead sources you have in place and the demand for your services outweighs the ability to deliver quality service. This will look different for everyone depending on the stage of their life but we usually see it somewhere in the area of 40-50 transactions which typically is the most an individual can handle and not get burned out.
A plan. You’ll need to establish your Goals, Branding, Marketing Plan, Budget, Lead Sources, and CRM. You’ll also need to establish a compensation plan that is proven to work. Additionally, as a Team Leader, you will need to be a true leader, inspire and motivate your team, and be there for your team when they need you.
Many new Team Leaders are tempted to take on a Buyer’s Agent first, but your first hire should be a Transaction Coordinator. This important first-hire sets the stage for your team to grow. The next hires should be Buyer’s Agent(s), an Administrative Assistant, and a Marketing Specialist.
Hiring the right people at the right time is probably the most important aspect of starting a team.