Welcome to Real Estate Coaching Radio hosted by the nation‘s leading Real Estate Coaches, and best selling authors of HARRIS Rules, Tim and Julie Harris. Listen now to real estate coaching and training that will give you the exact path forward in your real estate business. You will learn real estate scripts, real estate listing presentations, how-to generate real estate leads. Tim and Julie Harris Real Estate Coaching has been the proven resource for over 2 decades with 1000s of real estate pros trusting Tim and Julie Harris for their real estate success. Recognized by The Motley Fool, Inman News, Google (and countless others) as one of the most influential podcasts in real estate. Tim and Julie Harris are proudly partnered with EXP Realty.
Episodes
Friday Feb 19, 2021
Why Most Teams Fail And What To Do About It
Friday Feb 19, 2021
Friday Feb 19, 2021
Fact: no one plans to fail, but many fail to plan. Whether you are on a team or running a team, check yourself on these top reasons teams fail.
Fact: Successful teams lead with lead generation, know that their product is profit, and are made of 'rowers' not 'riders'.
Why teams fail...
1 No lead generation, poor lead generation, inconsistent or unpredictable lead generation. Nothing happens without leads! A team is not viable without consistent listing inventory. Magic Number: How many listings must you have at all times to meet or achieve your income goals?
2 The team leader doesn’t personally have the skills, systems or scripts mastered which they are attempting to delegate to team members.
3 The team leader is not just delegating, but obfuscating; not following through, actually confusing things instead of clarifying.
4 There is little accountability if any.
5 The team is more focused on culture, education, events, drama and anything but profit. Profitability isn’t discussed as a regular part of business planning.
6 Too much emphasis on ‘contacts’, not enough on ‘appointments’ and ultimately on contracts closed.
7 Lack of exposure to a fully functioning and profitable team model; believing it’s ‘normal’ to struggle, to have feast and famine.
8 Mixture of jobs. Buyers agents who are part time transaction coordinators, assistants who also do marketing. Jacks of all trades but masters of none.
9 Overpaying buyers agents.
10 Driving revenue into the ground through the addiction of buying leads.