Field Guide to Partnerships and Teams

(Updated September 2008)

Creating a partnership or team is a big step. Find out the pros and cons, read about real-life examples of teams, learn how teams work together and avoid problems and much more. (A. Siudzinski, Information Specialist)


Tips for Working with a Partner

Sign an agreement before the partnership takes effect.

Clarify the job duties and responsibilities for each partner, in writing.

Choose a termination date for the partnership... just in case it doesn't work.

Source: Is it time to work with a partner in your real estate career?, (Realty Times, Feb. 6, 2004).


Considering a Partnership or Team?  

Go team, (Florida REALTOR®, Jan. 2008).

Soaring high with power agent teams, (Realty Times, Jan. 14, 2008).

The future of real estate, (Houston REALTOR®, Sept. 2006).

Should you form a team?, (REALTOR® Magazine, June 2004).

Married, with a team, (REALTOR® Magazine, June 2003).

Making the team, (REALTOR® Magazine, Apr. 2000). 


Successful Teams

Making the team concept work, (RISMedia, Aug. 9, 2008).

Team realties: after advertising, compensating and training, can you stay profitable?, (RISMedia, Mar. 27, 2007).

Teams of real estate experts help cover the bases, (Triangle Business Journal, Aug. 13, 2004).

Dynamic duos: Spouse, sibling teams juggle demands of real estate game, (Wichita Business Journal, May 28, 2004).

Couples use teamwork to make real estate pay, (Charlotte Business Journal, Feb. 6, 2004).

Double-duty: successful married selling teams start, first and foremost, with great marriages, (REALTOR® Magazine, Mar. 2001).


Books, eBooks & Other Resources

eBooks.realtor.org

The following ebooks and digital audiobooks are available to NAR members:

Overcoming the five dysfunctions of a team (Adobe eReader)

Co-Leaders: the power of great partnerships (OverDrive Audio Book)

Complete partnership book (Adobe eReader)

Manage teams successfully (Adobe eReader)

Books, Videos, Research Reports & More

The resources below are available for loan through Information Central.  Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10.  Call Information Central at 800.874.6500 for assistance.

Team up: strength in numbers can help you boost profits and improve customer service, (Texas REALTOR®, July 2004).

Field Guides & More

These Field Guides and other resources in the Virtual Library may also be of interest:

Field Guide to Family Firms

InfoCentral Blog

>> Have an idea for a new Field Guide? Click here to send us your suggestions!

The inclusion of links on this Field Guide does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked to this Field Guide complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.

 

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