Teams Are The Future of Real Estate! Are You Ready? | #TomFerryShow Episode 61

The Tom Ferry Podcast Experience

Tom Ferry

Business, Self-improvement, Education

4.7 • 1.1K Ratings

🗓️ 5 April 2016

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Unless you were living under a rock you have noticed the explosion of teams in real estate over the last few years. In the US there are approximately 35,000 - 50,000 teams and in three years that number could skyrocket to 100,000! FACT: A functioning team will always out serve and out produce an individual. But not all teams are created equal! And unfortunately we are seeing some some good and bad practices when putting together a team. In this #TomFerryShow episode we'll go over: • 4 Different Types of Teams • 2 Types of Team Entrepreneurs • 4 Solutions to Common Team Problems The key to building a great team is to get educated and gather the right information to make the best decisions possible. How you deal with the trend towards teams will ultimately decide your fate. Read More: http://bit.ly/1qkTIN8 ------------ I hope you got some helpful tips and new ideas from this podcast. To ensure you don't miss all my FREE training all you have to do is sign up here with your email bit.ly/TF-VideoTraining ------------ Connect with Tom on his other social channels: Facebook - facebook.com/CoachTomFerry Twitter - twitter.com/TomFerry YouTube - youtube.com/RealEstateTrainingTF Instagram - instagram.com/CoachTomFerry

Transcript

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0:00.0	For over 20 years I've dedicated my life to bringing you the very best selling,
0:04.8	marketing and business building strategies to keep your business thriving.
0:09.2	Get ready to experience the success you've been searching for.
0:13.0	Welcome to the Tom Ferry Show.
0:18.0	Hey, welcome to the Tom Ferry Show, episode 61.
0:21.0	Last week we were talking about tick talk tick talk
0:25.1	how we manage our time and I loved all the comments thank you you
0:28.9	you know never enough comments by the way so give me more comments on my
0:32.4	YouTube channel give me more comments on my YouTube channel give me more comments on
0:34.1	Facebook let me know how I can serve you best. Today I want to sort of further the
0:40.2	conversation of time and really start to look at one of the hottest trends that's happening in the real estate
0:45.1	industry right now and that is as I wrote down the future oh a the now of real estate is total team domination.
0:54.9	There's anywhere between 35 to 50,000 teams,
0:58.1	dependent upon how we categorize them today in the US.
1:01.6	And my hallucination is that we will have over a hundred thousand teams in the next three years.
1:07.0	Why? Simply put, a team always out serves or outperforms an individual. It's just that simple. The minutia
1:16.1	involved in the real estate business or any business for that matter is so
1:20.8	immense today, the paperwork, the marketing, the transaction management, the people management.
1:26.7	There's so much going on that trying to do it all on your own is nearly impossible.
1:31.9	Certainly, it's impossible if you want to perform at a really high level
1:35.8	and have a life by design. So I want to talk to you today about the four different types of
1:40.4	teams, the three different leadership types and then a whole series of
	...

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