44. Strategic Team Building With Christine Marchesiello
Aug 19, 2024
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Christine Marchesiello, a former third-grade teacher, now leads a high-performing real estate team that sells over 160 units annually. She talks about her transformative journey to real estate and the importance of strategic team building. Discover her insights on making the right first hire and aligning team personalities for optimal performance. Christine emphasizes leadership and emotional intelligence as key factors in maintaining a productive team culture. Her tactical advice offers valuable lessons for aspiring team leaders.
Strategic team building and the right first hire are crucial for establishing a productive real estate business culture and efficiency.
Personal and professional growth as a leader is essential for aligning team goals and attracting top talent for future success.
Deep dives
The Journey from Teaching to Real Estate
A former third-grade teacher discusses her transition from education to real estate after feeling undervalued and financially constrained. Initially starting her career with a modest salary in Florida, she became disillusioned with the school's lack of support and pay structure. Upon selling her own house, she encountered a poor experience with a real estate agent, which motivated her to pursue a career in real estate herself. This epiphany led her to recognize her potential in a field where her hard work could yield more significant financial rewards.
Strategic Team Building Define Success
The concept of strategic team building is presented as a method for achieving substantial success in the real estate business. The focus is on understanding and executing best practices rather than relying on a singular 'magic' formula. By transitioning to Keller Williams and embracing a structured approach, the agent learned how to grow her business beyond merely making sales to creating a comprehensive model and systems for success. This shift enabled a 300% growth in her team's productivity over time.
The Importance of First Hires
Making the right first hire is crucial for laying the foundation of a successful business. It's essential to put effort into finding a suitable candidate rather than hiring simply based on convenience or familiarity. Having a clear understanding of the desired qualities—both in skills and personality—will enhance the chances of a successful partnership. This initial hire will shape the culture and efficiency of the organization moving forward, and thus should not be taken lightly.
Leadership and Continuous Growth
Once a successful team is established, leadership development becomes a fundamental focus for the business's future. A leader must grow alongside their team members to ensure that all are aligned in goals and direction. Observing effective leadership practices from others can provide valuable insights on how to evolve as a leader. This commitment to personal and professional growth helps maintain a well-functioning organization that attracts and retains top talent.
Christine Marchesiello's team of only five agents sells 160+ units/year, resulting in $70-$100 million in volume. How are they so effective and productive? Christine joins the show to talk us through her magic formula for strategic team building.
We discuss getting the first hire right, building systems, defining your team's identity, and growing yourself as a leader. She gives us tactical instructions for each step.
Christine's journey from a third-grade teacher to leading a top-performing real estate team in Saratoga, New York, is a testament to the power of perseverance and strategic thinking. She shares how her transition was fueled by a desire for more rewarding work and how she shaped her approach to building a highly efficient team.
Resources:
Watch “Achieving Work-Life Balance in Real Estate” video for an inside look at how Christine Marchesiello built her real estate business in Saratoga, NY, and meet her family too!
This podcast is for general informational purposes only. The guest's views, thoughts, and opinions represent those of the guest and not KWRI and its affiliates and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information.