304 - Deep Dive: Should You Join a Team?

In this episode of Rev Real Estate School, hosts Michael Montgomery and Jeff delve into the intricacies of joining a real estate team. Whether you're a new agent considering your first steps or a seasoned professional contemplating a team environment, this discussion covers essential considerations, including lead generation, team culture, compensation structures, and the impact of joining a team on your career trajectory. Join us for valuable insights and tips on making the most of your real estate journey, whether you're flying solo or part of a team.

Time Stamps: 00:00 - Introduction and Welcome 00:22 - Congratulating Jeff on New Parenthood 01:08 - The Importance of Context in Deciding to Join a Team 03:02 - Defining a "New" Agent and Initial Steps 05:16 - Misconceptions About Commission Splits 07:10 - The Work Required in Converting Leads on a Team 09:33 - The Impact of Team Culture on Agents 11:55 - The Benefits of Being on a Team for New Agents 14:23 - The Necessity of Meeting People in Real Estate 17:18 - The Benefits of Joining a Team for Learning 20:26 - The Potential for Seasoned Agents to Join Teams 23:02 - The Process of Selecting the First Team Agent 26:14 - The Importance of Mentorship in Real Estate 30:07 - The Challenges and Rewards of Being a Solo Agent 33:46 - Jeff's Excitement About Mentoring a New Team Member 37:05 - The Common Motivations for Entering Real Estate 40:07 - Jeff's Approach to Compensation for Team Members 43:36 - The Responsibility of Agents to Seek Support and Growth 45:42 - Closing Remarks and Future Updates

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Rev Real Estate School is here to teach real estate agents how to become successful in their careers and scale anywhere from 0-100 transactions while working 5 days per week by working your SOI and no cold calling, FSBOs, expireds, or online leads. The real estate agent tips and tricks will benefit beginner agents and growing REALTORs® with marketing ideas, database marketing, SOI growth, social media, scripts, dialogues, habits, mindset, networking, and negotiation.