Team-Building Tips for Real Estate Success from Brett Rosenthal

In the world of real estate, having an effective team can make all the difference. It's not just about closing deals; it's about creating a support system that enhances each member's strengths and provides a safety net during challenging times. Recently, I had the great opportunity to host Brett Rosenthal, a top real estate professional in Philadelphia, Pennsylvania, on my podcast. Brett shared some invaluable tips on building a successful real estate team, and I’m excited to share these insights with you! How to Build a Successful Real Estate Team Building a successful real estate team requires vision, dedication, and the ability to adapt to the ever-changing market. Brett's journey is a testament to what can be achieved with the right approach. Building the Business and Starting a Team Brett's path to success wasn’t straightforward. He attended numerous trainings but found them largely unhelpful. Instead of relying solely on formal training, he dove into the field with a willingness to take on any opportunity, no matter how small. This tenacity helped him build momentum. Starting with small sales, Brett didn't turn down any opportunities. Each deal, no matter the size, was a stepping stone. As his workload increased, he realized the importance of having a team. Not only did it help manage the increasing number of transactions, but it also provided a platform for mentoring new agents. Creating a team allowed Brett to extend his reach and maintain the high level of service his clients had come to expect. Team Philosophy and Operations One of the keys to Brett's success is his team's philosophy and operations. He emphasizes that agents are their own individuals, but the team provides a supportive and collaborative environment. “So as a team, my philosophy is you're your own person and you have to market yourself. And this has to be a career where this is a long-term solution. You're not working for a team, you're working for yourself,” he says. “The team is just like the mechanism to do it together, to have someone to talk about who's doing the same exact things, to give things that are working, to basically kind of like a sports team where you're helping each other out to get through a goal.” This balance allows his agents to thrive while still feeling part of something bigger. Another cornerstone of Brett's philosophy is treating clients well and prioritizing their needs. This includes helping clients throughout the home-buying process, from finding a mortgage broker to closing the transaction. The focus on client satisfaction has been a driving force behind his team's success. In terms of operations, Brett's team benefits from hands-on training and real-time support via a group chat. This setup ensures that agents can get immediate assistance and advice, which is crucial in the fast-paced world of real estate. Team Culture and Dynamics Creating a positive team culture is essential. Brett encourages honesty, collaboration, and regular team interactions. These elements foster a sense of community and ensure that everyone is on the same page. Maintaining the group's reputation and client service standards is also a priority. Brett ensures that all team members uphold these standards, which helps build trust and reliability with clients. Setting Future Goals Looking ahead, Brett aims to help his team members become successful agents and grow their careers. His goal is not just to lead but to mentor and support each member of his team. Brett also has personal aspirations to continue growing as a realtor. By balancing his growth with the success of his team, he ensures a harmonious and forward-thinking environment. Understanding the Real Estate Market Brett's expertise extends to understanding the real estate market in Philadelphia. He attracts both local and out-of-town buyers, offering investment opportunities that appeal to a wide range of clients. Brett anticipates ongoing growth and development in his area, which positions his team well for future success. Adapting to NAR Settlement and Industry Changes The real estate industry is always evolving, and Brett welcomes these changes. He sees potential benefits for his business model, particularly with the recent NAR settlement. In this regard, Brett believes that building connections with real estate mentors is crucial for staying abreast of trends and adapting to industry changes. Focusing on listings and sellers, Brett feels well-positioned for future shifts in the market. His proactive approach ensures that his team can navigate changes effectively and continue to thrive. If you like to watch the entire podcast episode, visit this page: Tune into Leads & Leverage for More Tips to Fuel Success for Your Real Estate Team! Brett's insights into building a successful real estate team are invaluable. From starting small and building momentum to creating a supportive team environment, his tips provide a roadmap for success. Emphasizing client satisfaction, fostering a positive team culture, and adapting to industry changes are all crucial elements. I encourage you to tune into my podcast, Leads & Leverage, for more tips and insights from industry experts like Brett. Whether you're just starting or looking to take your real estate team to the next level, there's always something new to learn. And, if you're looking to buy, sell, or invest in homes in Central Florida, don't hesitate to contact me and the GPG Team. We're here to provide the support and expertise you need to achieve your real estate goals!

Navigating Real Estate Success: Insights from Lisa Ritter

Discovering the path to real estate success is an adventure brimming with hurdles, personal development, and innovative possibilities. I'm Tyler Gibson welcome to Leads & Leverage Podcast. I recently had the honor of sitting down with Lisa Ritter and what an enlightening conversation it was! Lisa is not just a seasoned real estate professional; she's a beacon of inspiration and knowledge for anyone looking to make their mark in the industry. During our chat, she shared invaluable strategies she employs to stay ahead in this competitive field. Let’s explore the strategies and philosophies that have propelled Lisa to the pinnacle of her profession. invaluable strategies she employs to stay ahead in this competitive field. Let’s explore the strategies and philosophies that have propelled Lisa to the pinnacle of her profession. Tune in to our full conversation here: Lisa Ritter’s Background Lisa and her husband share a passion for homes and renovation, living temporarily in each project before moving on to the next. This hands-on experience gave her a deep understanding of homes, their potential, and the market. However, a terrible real estate experience during a relocation inspired Lisa to enter the industry herself. She knew she could do better by simply being a little nicer and more helpful than the agents she had encountered. This drive to improve the real estate experience for others was the catalyst for her career. Lisa's background is a blend of passion, hands-on experience, and a desire to serve others. This foundation has been critical to her success and has shaped her approach to real estate. Lisa’s Early Challenges Starting in a new town with no sphere of influence was tough. Lisa moved back to Omaha and began her real estate career while still babysitting full-time for extra income. Lisa's early challenges were numerous. Balancing a full-time job, establishing herself in a new market, and building a client base from scratch required immense dedication and resilience. Key Strategies for Success In our conversation, Lisa shared several key strategies that have been instrumental to her success. Hiring the Right People Lisa emphasizes the importance of hiring agents who don’t view real estate as only a hobby. She prefers agents who are committed to a certain level of production and can effectively balance their responsibilities. Lisa values the inclusion of mortgage brokers on her team, recognizing that their expertise allows for comprehensive services and an enhanced customer experience. She integrates professionals to provide comprehensive support for clients' financial journeys. By surrounding herself with dedicated and motivated individuals, Lisa has built a strong and reliable team. Setting Expectations Clear expectations and accountability are essential. Lisa conducts biannual performance reviews, setting high standards to align her team with company goals and maintain performance levels. Training and Leading by Example Lisa continues to be a producing broker, which helps her stay updated with market trends and challenges. She believes that having hands-on experience helps her provide relevant and effective training for her team. Additionally, she acknowledges the value of getting help from a real estate coach to enhance her training sessions. These strategies have been instrumental in Lisa's success, helping her build a high-performing team and a thriving business. Lisa’s Advice for Aspiring Team Leaders and Brokers If you’re interested in starting your own team or brokerage in the real estate industry, Lisa offers some valuable advice that can help you navigate this journey with a positive and realistic outlook. Don’t Take It Personally When you start your team or brokerage, you will quickly learn that not everyone will want to join you or stay with you. This can be disappointing, but it's important to remember that this is normal. People have different goals and priorities, and they may not always align with yours. Instead of feeling hurt or discouraged, stay true to your values and keep doing your best. By focusing on your path and being consistent in your efforts, you will attract the right people who share your vision. Expect a Challenging Journey Starting a team or brokerage demands more effort and dedication than expected, as highlighted by Lisa. Persist through challenges and obstacles to achieve your goals. The journey will be challenging but the rewards can be fulfilling. Having a positive attitude and keep pushing forward are keys to success. Invest in Continuous Learning Continuous learning is what sets successful leaders apart from the rest. Lisa recommends attending workshops, seminars, and networking events to not only learn new strategies but also to build relationships with other professionals. Make use of industry seminars, workshops, and online courses to improve skills and empower your team for success. Build Strong Relationships Success in real estate is highly dependent on the connections you make—whether with clients, team members, or other industry professionals. Understand needs and aspirations, and build strong relationships with effective communication, empathy, and trust. Attend networking events, and social gatherings, and be part of community activities to establish and maintain connections. Lead by Example Leadership is not just about giving orders; it's about setting a standard for others to follow. Lisa emphasizes the importance of leading by example. Demonstrate values to inspire team adoption, fostering cohesion and motivation for achieving shared goals. Embrace Change and Innovation In the dynamic real estate industry, adaptability is crucial. Lisa encourages aspiring leaders to embrace change and remain open to innovative ideas and approaches. Whether it's adopting new marketing strategies, utilizing advanced technology, or exploring different business models, staying flexible and forward-thinking can set you apart from the competition. Take Care of Yourself As an aspiring leader, taking care of yourself should be on your top priority. You cannot care for others if you are not well cared for. The demands of starting and running a team or brokerage can be overwhelming, and it's easy to neglect your well-being. By prioritizing physical and mental health, you will have the energy and resilience for effective leadership. Let’s Connect and Keep the Conversation Going My conversation with Lisa Ritter was a treasure trove of insights and inspiration. Her journey is a testament to the power of dedication, integrity, and passion in real estate. Starting a team or brokerage in the real estate industry is a significant undertaking, filled with both challenges and opportunities. By following Lisa's advice—staying resilient, investing in continuous learning, building strong relationships, leading by example, embracing change, and taking care of yourself—you can navigate this journey successfully and create a thriving business. Whether you're an aspiring agent, a seasoned professional, or looking to lead your team, Lisa's story offers invaluable lessons. Stay tuned for more episodes and blog posts that continue to explore the many facets of real estate success. 

Real Estate Podcast

Real Estate Team Leader's Lounge: Your Ultimate Resource for Real Estate Insights and Expertise Welcome to the Leads & Leverage: Real Estate Team Leader's Lounge, where we delve into every aspect of the real estate world. Hosted by Tyler Gipson, an experienced and trusted real estate agent, this podcast is dedicated to providing both prospective homebuyers and sellers with the latest information, valuable insights, and expert guidance on navigating the real estate market. Our mission is to ensure your real estate journey is both seamless and successful. Join Our Thriving Real Estate Community Our podcast is more than just a resource for buyers and sellers; it’s a thriving community for real estate professionals to connect, learn, and grow. Tyler Gipson brings together industry experts to discuss various topics, share their experiences, and offer invaluable advice to help you succeed in the competitive real estate market. Why Real Estate Enthusiasts Tune in to the Leads & Leverage: Real Estate Team Leader's Lounge Stay Informed: Get the latest updates on the real estate market and stay ahead of the curve. Gain Insights: Learn from the experiences and expertise of top real estate professionals. Make Informed Decisions: Arm yourself with the knowledge needed to make smart and informed real estate decisions. Be a Featured Guest on Our Podcast Are you a real estate professional looking to share your expertise? Tyler Gipson invites you to be a guest on his podcast. We regularly feature realtors, real estate lawyers, HOA leaders, and other industry professionals to discuss a wide range of topics related to the real estate market. Your insights and experiences can provide tremendous value to our listeners and help them navigate their real estate endeavors more effectively. Advantages of Being a Guest on the Leads & Leverage: Real Estate Team Leader's Lounge Reach a Targeted Audience: Connect with potential homebuyers, sellers, and fellow real estate professionals. Enhance Your Brand: Establish yourself as a thought leader in the real estate industry. Network and Grow: Build relationships with other real estate experts and expand your professional network. How to Become a Guest Interested in sharing your expertise on the Leads & Leverage: Real Estate Team Leader's Lounge? Fill out the form below to contact Tyler Gipson. We look forward to collaborating with you and showcasing your knowledge to our engaged audience. Apply to Be a Guest Speaker Join us in making a difference in the real estate community and helping others achieve their real estate dreams. Tune in to the Leads & Leverage: Real Estate Team Leader's Lounge today!