Why Real Estate Agents Should Join a Team to Make More Money

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  • Great post back at my office we do the very same it make better for the business working in teams!

  • To be successful, having a team makes for a great way to conquer and divide tasks. Even a two person team can split tasks effectively.

  • I’ve read a lot of your post Mark and I find your story very inspiring. I appreciate all of the information you have shared here. Thank you

  • Celine Crotty says:

    Great Article! I enjoy reading all your Articles, Mark. Thank you for educating us newbies to the Real Estate world to be successful.

    • Mark Ferguson says:

      Thank you Celine!

  • Hi Mark, I have been reading your blog and BP posts and this is really one of my favorite, especially since most brokers don’t go above and beyond for their team and new agents to help like your team. Thanks for sharing.

    • Mark Ferguson says:

      Glad it helped Kingsley!

  • Thanks for this helpful article.

  • Awesome Article Mark! Do you need to be a broker to start a real estate team? I’m a real estate investor and I would love to start a real estate team to help me find deals

    • Mark Ferguson says:

      You do not have to be a broker.

  • I just read your article ty for that.
    I do have a question or two or three. Lol
    How does the commission split work when working on a team?
    I am joining a team of 2. And have no clue how this works at all. Our meeting is tomorrow I don’t want to go not knowing anything. Are agreements in writing? Should they be? Any advice will help thanks

    • Mark Ferguson says:

      The splits are all different depending on the team. Everything should be in writing.

  • My only reservation with joining a team is that if I decide to leave the team, I will have to start branding myself all over again. What are your thoughts on this?

    • Mark Ferguson says:

      You can create your own website with your name on such and such team. You can create your own facebook page on such and such team as well. There are ways to brand yourself with the team so if you leave you have already built name recognition.

  • Elle Gallow says:

    I’m licensed less than a year and joined a small team for all the reasons you have suggested. I have decided that multi-family and investment real estate will be my specialty because I have a 25 year background in it. I just went out and scouted my first multi family listing and the sellers have signed with our company but my team leader took the MLS listing under her own name. She contends that she needs it for her ranking and award status. Since we did not negotiate this, I will not get credit for this listing. $500,000.!! My name is not on the signs or ads. I will get paid when it sells but, I’m looking for credibility at this time. Any advice?

    • Mark Ferguson says:

      Find a new team!

  • I think that all makes sense, and makes me think of Keller Williams who seem to offer, classes, books, have mentors, and seem like a partnership.

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