5 Keys To A More Effective Real Estate Team
Want a more effective real estate team that helps your business produce better results? Try out these tips…
One Mission With Clear Goals
Your team members, contractors and vendors can operate effectively or help you achieve your real mission and target goals, unless they know what they are. A clear vision of what you want to achieve, the milestones you want to hit, and your values needs to be shared with everyone that works on your team.
Hire The Best
Top performing real estate companies and teams are those with the best team members. Hire the best you can possibly afford, not the cheapest you can get. The best will keep fueling your business growth. The cheapest are going to cost you in the long run, and likely even sooner than that.
Automation
If you like to micromanage then perhaps working for someone else and managing their team is the right fit for you. As an independent real estate investor or business owner, you need to operate like an owner, not a GM or project manager. You’ll get the most out of your team if you simply give them clear instructions, with clear goals, and just let them go to work to do their best work.
Ask For Their Input
The truth is that few of us are masters of everything in our businesses. As we take on new roles and levels of business we have less time to focus on the details and stay in touch on the front lines and trends in every small mechanical part of the business. That’s okay. You don’t need to be the best at crafting copy for your direct mail that converts or setting up effective Google Adwords campaigns. You just have to hire the best in each area. Then solicit them for their input on how to do things better. Don’t just wait for them to bring you ideas. They may be afraid to rock the boat. So, ask.
Build Relationships
The best team members don’t stay because of the size of the paycheck, the brand name, or how easy the gig is. At least not for long. They can leave if you are not paying enough or your brand loses its reputation. Though they will stay if you have a great personal relationship with them, and they share that with their colleagues. They’ll even stay during tough times, when the work gets more challenging, and when they get offers from the competition. So, keep building the relationships. Check in with them, show them you care about them as people, and get them together when you can.
Top Funding News
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"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
- Frank Olaitan, Real Estate Investor, MD
"I can't thank you and your company enough for providing funding for our latest project, and right at the last minute. You came through with funding in less than 24 hours and coordinated with the closing agent and attorneys like you had been involved with our project the entire way. I'll know exactly where to call for the funding we'll need for our next project."
- Dave Pricken, Real Estate Investor, NJ
"Thank you so much! I just had a talk with our Realtor on both properties and told him amazing things about your company!... Normally I rehab the houses and re resells them. I just don't have the patience for that work anymore. This [transactional funding] is such a better way for me and less stress."
- Steven Kupecz, Real Estate Investor, TN
"We want to thank you for the exceptional customer service you provided. No one comes close. We had contacted a competitor the same time we contacted your company. Your company responded with in a few minutes while the competitor has yet to respond weeks later even after multiple phone calls and emails. Thanks again for the unmatched customer service."
"We had looked into several transaction lenders for a couple properties we were trying to flip. Your company was the most responsive and had the best pricing. Even though we had logistics issues with the B/C lender, your company acted very professionally and handled our requests beyond our expectations."
"Thank you for your commitment to an excellent customer experience."
- Phoenix Properties, LLC, Ronald Destefani, Investor, PA
"I was studying on how transactional funding works and you guys had the best and most thorough explanations posted so I could fully understand the details in back to back closing. I'd already started setting everything up but your video confirmed that I'm on the right track."
- La'Donna Turnipseed-Scott, Investor, LA
"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
- T. A. Davis, Investor, NJ
"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
Your help negotiating with our title company made our back-to-back deal, finally happen. People noticed on settlement day how effectively and efficiently your part of the transaction was organized and executed. Again, thank you for truthfully being the "BEST" at what you do!"
- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
"Thank you so much for working so diligently with me. Your services really are the "BEST". I look forward to working with you in the near future!"
- Ericka B., Real Estate Investor, CA
