The two key elements you will need to make a teamerage profitable.
Teamerages have become the talk of the town in this industry, but the question remains: How can you gain a profit with them? Today, I’m delving into the conversations I’ve been having with real estate leaders, brokers, and market leaders about the challenges they face when it comes to teamerages and profitability. They’re pouring resources into this model without reaping the rewards. That’s why I’m here to shed light on the essential elements you need to make a profit with a teamerage.
Through my experience, I have successfully turned a profit for these market centers within just 90 days. However, if you decide to pursue this on your own, there are two critical factors you need to achieve success.
“Turning a profit with the teamerage model is not an impossible feat.”
First and foremost, leads are the lifeblood of your teamerage model, ** ** so you need to have a reliable system in place to generate them. These leads can come from a variety of sources, such as your existing database, the databases of your agents, online leads, or even through an exclusive marketing program you devise. Ultimately, you need to actively create leads to distribute to your team members.
The second piece of the puzzle is where many brokerage leaders stumble and end up losing money: lead conversion. Having a strong lead conversion model is essential, and it hinges on two crucial concepts: skill and accountability. To achieve high-level lead conversion, you need team members who possess the necessary skills and are held accountable for their performance.
If you’re intrigued and want to learn more about our successful teamerage model, please don’t hesitate to reach out to me via phone call or email. I would love to sit down with you and discuss how you can create real profit within your teamerage model.