REAL ESTATE is a TEAM SPORT!

Real estate is a team sport!   Try playing it alone and you'll quickly learn you are playing a losing game.  True some homes are bought and sold strictly between the seller and buyer, however most properties are sold using the services of a real estate company.

When this is done there are so many players on the team and keeping everyone at the top of their game is very important. Not only are there many players sometimes we, as real estate agents, even switch positions. Their are times our assigned position is Listing Agent.  We are then representing the seller.  When we are the Selling Agent we are positioned to help the Buyer.

No matter which position we are assigned, we need the services of many others. 

Listed below are the players generally involved in these transactions.  Depending on the nature of the transaction their may be others. These are the players that typically perform the jobs needed to win the game.

  • Appraisers
  • Attorneys
  • Buyers
  • Buyers agent (aka Selling Agent)
  • Home Inspectors
  • Llisting Agents
  • Mortgage Lenders
  • Property Owners Associations
  • Radon Inspectors
  • Radon Mitigators
  • Sellers
  • Settlement Companies
  • Well/Septic/Termite Inspectors

We all know what it takes for a team to win. It requires team work and team spirit. Everyone has to have the same goal in mind...to make it happen.

Stanford Football - photo by Kate Elim, Lake Anna, VA

It also takes leaders.  We know the value of the quarterback and  the point guard.  They coach the team in the midst of play.  Agents can be those leaders, in the forefront setting the tone and aiding their clients from play to play.

As an agent are you able to be a team player or do you only want to go it alone?

Like every team sport, there are winners and losers.  There are times the transaction does not close. There's no win. Nevertheless, every player shoulld come away feeling they had done everything they could to make it work.

When the game is lost Sellers, Buyers, Listing Agents, and Buyers Agents pick up the pieces.  Once that's done they are usually ready to play again. 

For the commited agents, the game is definitely in their blood.

 

©Copyright Kate Elim 2011

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Comments

Excellent post. Good analogy. A lot of people are absolutely involved in every sale.

Posted by Jon Quist, ABR, CRS, ePRO, GRI 800-557-9798 (LONG REALTY) over 1 year ago

Kate..What a great anology! We are all team players and the oly time we have seem to  have problems is when someone drops the ball and walks off the field..lol

HelpfulHannah

Posted by Hannah Williams (Re/Max Eastern inc.) over 1 year ago

Great post Kate!  So true and it could never be more fitting right now with all of the difficult transactions in some areas!  Short Sales being so popular here in California really need the team effort!

Posted by Jane Grant, "Temecula Homes", Southwest Real Estate over 1 year ago

Kate, Great Analogy! I like how you tied it into a team sport.

Posted by Carla Freund, Relocation Certified - Raleigh, Cary, & Triangle Area Realtor® (Fonville Morisey Realty - Kowitz & Freund Team Realty) over 1 year ago

Thanks for the great analogy-its true we have to be there at the end to pick up the pieces but you are right its a team sport

Posted by Tim Peterson (Wisconsin Gun Training and Realtor Safety Classes) over 1 year ago

Thanks for the post Kate.  The whole transaction runs smoother, even if it doesn't end up closing, if everyone involved works as a team to meet the steps needed to complete the transaction.  Good reminder for all of us!

Posted by Mel Wagner-Principal Broker/Agent Salem Oregon Real Estate (Knipe Realty) over 1 year ago

I've always thought the same thing Kate.  This post articulates the team aspect of real estate so well.  You know when you play with passionate players and they make the transaction look easy.

Posted by David Krushinsky (Mortgage Professional - Phoenix, AZ - NMLS 202115) over 1 year ago

Great analogy, Kate. You cannot go all alone - you have to work with a team. Great post.

Posted by Praful Thakkar - Real Estate Consultant Andover,Burlington,Woburn,Wilmington MA (Keller Williams Realty) over 1 year ago

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