The old adage “There is no ‘I’ in ‘team’” often rings true in most business environments, and it’s especially factual when it comes to real estate.
Finding a niche in competitive real estate markets can be frustrating and laborious, but it can pay huge dividends. You won’t be able to do that without a competent team of co-workers, in-house professionals and contractors at your side to assist, which means you must carefully measure how all of these components come together and function.
Here are some tips on building a winning team for your real estate business.
How to Prepare for Your Team-Building Process
You can’t take your first steps without a proper game plan. Building a great team requires a significant amount of introspection, analysis and research.
Some steps for building your plan should include:
- Evaluate your needs: You might be capable of doing a great deal of work yourself, but nobody is Superman. To attain peak efficiency, carefully take a look at what tasks you can delegate, as well as what your circumstances call for. Do you need the flexibility to leave your building on a consistent basis? Do you need more people who are skilled at generating leads and advertising your services? Do you need a general administrator to handle the everyday minutia? Once you ask yourself these questions and more, you can then form a clear idea of how to go about the team-building process.
- Consider key positions: So much more nuance goes into a real estate agency than people realize. You need to find positions that account for many different aspects of the business, and they should preferably have ample real-world experience to minimize training time and maximize productivity. Common positions, depending on the responsibilities of your firm, include real estate agents, notaries, contractors, maintenance workers, property managers, wholesalers, legal team, accounts, appraisers, marketers, copywriters and designers.
- Conduct a comparative analysis: During your search for the ideal team members, you’ll likely go through hundreds of resumes and an array of interviews. Ultimately, singling out the qualities that serve you best is crucial, and comparative analysis allows you to weed out your needs and align them with the best characteristics of your selected candidates. Not only do you increase your chances of success, but you’ll also cut down on the amount of time and stress that goes into the ordeal.
What Crucial Roles Do You Need to Fill?
After firmly establishing how you plan on building your real estate firm, you’ll then need to move on to actually implementing the plan. No two firms run the same way, but all successful entities follow a general guideline toward the beginning of the process to streamline the flow of business while cutting down on wasted time. The three basic steps include:
- Hire an intern: Unless you’re operating off a large amount of seed money, your firm will likely be light on funds as it works to establish its presence. Generally, real-world experience should be a nonnegotiable qualifier for any employee, but hiring an intern could yield some tangible benefits. Interns can assist certified professionals with smaller tasks such as handling emails and fielding phone calls, which keeps them from getting bogged down and allows them to do more billable work.
- Hire a lead generator: The next step in building your real estate firm is a no-brainer: find somebody who connects you with potential deals. You will live or die on fielding consistent business, which means a strong pipeline will put you in the best position for success. Your lead generator can come in the form of many different professionals, but they will all share one trait in common: they will have an aptitude for reaching the public. Therefore, these people might work in anything from online marketing to social media outreach.
- Hire a buying/selling specialist: Once you have a stream of interest, you’ll then need somebody who excels at parsing through potential deals to find the real gems. Buying and selling specialists need to not only find quality deals, but make good on them as well.
Once you’ve firmly accomplished these goals, you can then secure other aspects of your business. An attention to detail can make all of the difference, and for that reason, a notary can make a huge impact on how you complete your deals.
How Can a Notary Fit Onto Your Squad?
Real estate deals thrive on a wave of carefully worded documents, well-thought-out contingencies and agreeable contracts. Any hitch in these proceedings can severely delay a legally binding agreement between firm and client, which makes proper notarization an absolute necessity.
A title notary will also scrutinize every pertinent document to ensure that they are completely accurate and signed, guaranteeing an easy transaction involving any kind of property. Not only that, but notary publics can also act as a bridge between both parties. They can be your representative, acting in a committed yet impartial manner.
With that in mind, they can provide valuable witness services for any transaction, which provides legal protection in any future proceedings.
You can’t afford to settle for “good enough” in the real estate world, where huge sums of money come and go regularly, which is why a notary’s watchful eye is beyond useful. Through any sale, purchase or mortgage, a notary could be the difference between your next best success or your greatest failure.
Enlist Superior Notary Services as One of Your Trusted Contractors
No matter how many documents you need legitimized and notarized, you should be able to easily find and enlist services that meet your high expectations. As the nation’s largest mobile notary service, Superior Notary Services provides you with that option.
We’re a pioneer in the industry and we’ve provided assistance to all kinds of clients throughout the last 20 years. We have more than 34,000 affiliates located in major cities throughout the United States, which likely places your needs well within our service area.
Our ultimate goal is to make a normally drawn-out process streamlined and stress-free for your benefit. We will work with you closely — and we establish all meetings with our mobile agents at a time, date and place of your choosing.
We’re completely open to long-term partnerships, which makes us a reliable and cost-efficient contractor option for your budding real estate firm.
We take requests 24 hours a day, seven days a week, so contact us today to schedule your mobile notary service.
How to Build a Winning Team for Your Real Estate Business