11/27/2023 0 Comments Teamspirit realtyFor example, in New York, advertising guidelines stipulate that any team advertisement must always mention the name of the brokerage. However, all teams are subject to state rules and regulations. The survey also found that many members joined their current team in 2016.ĭeanne Rymarowicz, NAR Association Counsel, Legal Affairs, said teams are defined at state levels and need no permission from NAR when forming. The median year that teams were established is 2014 and the median number of team members is four. “I’ve also had the opportunity to observe different business styles and the knowledge and experience I’ve gained is invaluable.” Most appealing to Dantzic is the team motto, which she practices daily: “Play nice and do good work.”Ī recent National Association of Realtors study found that 26% of Realtors are now members of a partnership or real estate team. “We have weekly meetings and training sessions, and I’ve gotten many leads as a result of this,” she added. For seasoned agents, teams are a nice in-between step from working alone to owning your own brokerage,” added Clement.ĭantzic believes education is the biggest asset of being a team member. “It’s tough for those just starting out-it can be a large investment of money and time. “For agents like Dantzic, who are new to the business, teams can offer big savings. “Just making those connections via teleconference helps us bounce ideas off each other and creates a bonding you wouldn’t get on your own.” From left, JoEllen Sandy, Christina Stevens, Andrew Bushay and Samantha Torres of the Christina Stevens Team at Laujel Real Estate in the Bronx.Ĭlement believes teams are here to stay and expects to see more of them, as the pandemic has caused us to eschew large gatherings, particularly in offices and other social arenas. “We usually have one or two meetings a week, training, and comradery,” said Clement. Many also find being part of a team has been a huge asset during COVID, with almost everyone working from home. “Some are stronger with listings, while others are stronger working with buyers.” “Everyone has a mix of responsibilities and different team members have expertise in different areas,” explained Clement. The team, consisting currently of 11 agents, is organized as a corporate entity within their Berkshire Hathaway brokerage, which has offices in New Paltz, Kingston and Rhinebeck. “Plus, operating as a team means we’re able to take a weekend off and still have someone there to service our clients.” “Collectively, we can spend more than we could do as solo agents, so that helps our marketing budgets along with everything else,” he said. Clement explained that the team is fairly new, but has already exceeded their own expectations. Last year, the team closed more than $50 million in sales, and Hayes Clement, along with his two partners, Donna Brooks and Harris Safier, hope to keep increase that number for 2021. “At first I didn’t know anything about teams and it I took me a while to wrap my head around this, but I knew I could learn from the group and I’ve gotten so much more than I ever expected.” Dantzic has had the opportunity to list, sell, and be involved with just about every other aspect of a real estate transaction. “I would have really been on my own then, since no one was coming into the office,” she said. “I’m working with a great group of professionals intent on having my back.”ĬOVID hit not long after Dantzic joined the team, and that’s when she realized the true benefits of being part of a team. “Even with all of my business experience, I found real estate to be somewhat intimidating and being part of a team is very reassuring for me,” she explained. For the past year, Dantzic has been part of the firm’s Clement, Brooks & Safier Team and works from their Rhinebeck office. Soon afterward, she was approached by a team member from Berkshire Hathaway HomeServices Hudson Valley Properties and quickly decided that joining that team would be the best way to help her jump-start her new business. After enjoying a successful profession in corporate communications in the music industry, she switched gears, earned her license and began working at a local agency. Patricia Dantzic admits she was a bit apprehensive about re-entering the workforce with a new career in real estate. From left, Megan Coxen, Paul and Nancy Kennedy and Colleen Coxen. The Nancy Kennedy Team at Houlihan Lawrence, Inc.
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