Forming Your Real Estate Team

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Real Estate is a Team Sport

  • Even if you are a one-man-show, in a real estate transactions many different people are committed.
  • The more successful real estate investors have assembled a crew of the best in each area .
  • Building a crew of great partners is essential to successfully investing in real estate.

90/10 Rule

10% of the people in each area are great *90% are at best mediocre and at the worst, horrid Most people work with the mediocre 90% because they are the easiest to spot. Take time to find someone of the 10%

Finding Great Real Estate Team Members

Top Producing Real Estate Agents: RealTrends.com

Mortgage Originators: ScotsmanGuide.com

Attorneys: Martindale.com

Contractors: AngiesList.com

Friends of a Feather Flock Together

  • Not all of the best workers are at the top of manufacture ranking registers.
  • If you can find at the least one great person, they can often refer you to more great partners
  • To Labor with Great People, Be Great to Labor With
  • Do great deals with tons of profit in them so that you can repay great team members well for their services.
  • Be a great person to work with because A Players don't typically associate themselves with poor performers
  • If you are new and just getting started and don't have a track record of excellence, at the very least, demonstrate the specific characteristics of future greatness, such as being a great communicator, being honest and a high level of unity as well as being very consistent and ever doing what you say you are going to do.