Real Estate Team Myths: Debunked!

By Michelle Bailey

Michelle Bailey is the managing partner of the Ben Kinney Team at Keller Williams Realty Boise. She is responsible for hiring, mentoring and coaching Realtors®. They deliver the dream of homeownership and help buyers and sellers build wealth through real estate.

Joining a real estate team can be a game-changer for your career, but it’s not uncommon to hear a few misconceptions about it. Today, we’re here to set the record straight and debunk the top three myths surrounding real estate teams.

1. Myth: Agents on teams make less money. One of the most prevalent misconceptions is that Realtors on teams make less money. The reality couldn’t be further from the truth. In fact, agents on successful teams often net more money than solo agents. This is because they share responsibilities and reduce individual liabilities. Some team members even achieve seven-figure incomes, a milestone that many solo agents aspire to reach.

“Joining a real estate team can be a game-changer for your career.”

2. Myth: Solo agents have more freedom. While solo agents might appear to have more freedom due to their flexible schedules, working within a team offers a different kind of freedom – the freedom from the burdens of daily tasks and responsibilities. Team members start their days with a plan, efficiently handle tasks, and gain the freedom to enjoy the rest of their day without worrying about every contract and client detail. Imagine going on vacation without stress.

3. Myth: Teams are for new agents only. While real estate teams are an excellent training ground for new agents, they’re not exclusive to beginners. Experienced agents can benefit greatly from joining a team. It’s an opportunity to create synergy, achieve more, earn more, and strike a balance in their lives. Whether you’re just starting or looking to take your business to the next level, teaming up could be the key to your success.

If you’re intrigued by the idea of joining a real estate team, whether you’re a new or experienced agent, we’re here to explore the possibilities. Reach out to us via email or give us a call, and let’s discuss how teaming up can elevate your real estate career. We look forward to connecting with you.