Teams are definitely an option when you are considering a real estate career. There is something positive to be said about working with a quality team. 

Each team should be broken down to specialites. After all, you can't all be doing the same job every day. Having an inbound process with customers perfecting Marketing, Sales or Service is key to success. This will tune your team like a well oiled engine. 

 

When interviewing teams here are 5 Key Questions to be asking. 


#1. The contractual agreement you are going to sign to be on the team. 

  • Of course agreements can be tricky, and for someone who has never worked with a self employed team, there are many factors to consider. 
    • Get agreement in writing, know the intricacies of what you are agreeing to. 
      • Team break ups can be very disappointing for you, and you may come out of it not owning any of the business you brought in, or worked hard on. 
    • Know your role and the expectations that go with it
    • Break down your costs
      • What are you paying the broker (flat fee or commission splits and deal fees)?
      • What are the extra fees for being part of that brokerage?
      • What are you paying the team leader (flat fee or commission splits)?
      • What are you paying out of pocket to do the teams business (vehicle, gas, insurance, time, signs, costs for mls use, marketing costs, business cards....?
      • At the end of the day, what is in your pocket? I've analyzed some costs of teams and  have been able to break down the team members wage to $17.50/hr. A lot of work for little to own nothing to pay your bills
      • Or, is there profit sharing?
    • Who owns the ability to work with the client once you leave the team? Remember, most of the time you will be doing double the work for the same amount as an individual realtor, with hopefully knowing you will receive more leads.
    • What are the possibilities someone on the team can sue you? This has been known to happen. 
    • Do listings go in your name, or the team leads or both?
    • Who is paying you? Is the brokerage responsible for paying you? Or the team leader?
    • Brand awareness 
      • Are you able to market yourself? 
      • Or just the team? 
      • Or just the team leader?
    • Training
      • Is there someone on the team to train you? What does this training include?
      • What technology are they using? Are you going to learn the technology?
      • Are they using a proven system? 
      • Is the brokerage or team leader in control of a CRM (Contact Relationship System) that you have no access to? Or you have access to but they control all the access?
      • are you learning all aspects of the team, or are you just doing your job?

#2. How many hours are you expected to work?

  • Some teams are very structured and expect you to be at the same location daily doing your job. So it's best to be very clear what hours you are expected to work depending on what part of the inbound process you are in ie. Marketing, Sales or Services

#3. What if you want to go on a holiday?

  • Most teams are structured to realize that everyone needs a holiday, but best to make sure this team is running smoothly, even while you are gone. And how many weeks of holidays do they feel is appropriate for the team?

#4. Online agent reviews 

  • Take the time to read the reviews about the team. Are they good reviews, fake reviews, handle complaints professionally. 
#5. Call the team members, ask what are the best and worst eperiences they face on the team. 

 


         


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I have listed a new property at 902 1100 8 AVENUE SW in Calgary.
Prestiege Building; 24-hour concierge service for safety and convenience. $25k invested in Solid Oak flooring. Amazing E,S,and W views of the city. A/C and dustless hot water heat provide year-round comfort. Two parking stalls and in-suite laundry and storage rooms. HW Ceramic tile flooring and floor-to-ceiling windows (some open), with filtering blinds and blackout blinds in the bedrooms. And the amenities! - Swimming pool, hot tub, steam bath, sauna, handball/squash courts, and even a billiard room. Open concept LR/DR/FR, a huge office with French doors, and 2 1/2 baths – one with a family-sized Jacuzzi make good living easy. Only half a block to the free downtown LRT makes restaurants, movies, parks and walking paths conveniently accessible. This is a fabulous personal investment opportunity to purchase in this this terrific location. At this price, you'll be able to affordably upgrade it to your wildest dreams! Worried about the condo fees? Check out the total cost supplement, or call me if you have any questions or concerns. Note that recreation areas are not usable during Coronavirus shut-downs. With 20% down, the PIT cost with condo fees included is $2572 (and it includes the best amenities in town!) This is a great investment. The twenty 1750-1950 sq ft downtown units across the city average $715k with an average condo fee of $1413 but only one other location has a pool and three don't have 24hr Security. You can get a new kitchen for $35k, SS appliances for $10k and spend another $20k on the bathrooms and you have a unit 'next-to-new' at a $380k saving. ALL OFFERS WILL BE CONSIDERED!!
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I have listed a new property at 213 Point Mckay TERRACE NW in Calgary.
Nicely upgraded and beautifully maintained, end unit townhome. With a rare double over sized heated garage one of only 10 out of 500 townhomes. Great location walking distance to the bow river and foothills hospital. Extensively and tastefully renovated featuring hardwood flooring, updated paint and remodeled kitchen. The living room has soaring 14' ceilings with full size picture windows which bring in an abundance of light and gorgeous private south facing privacy. Formal dining room overlooking the living room, Sliding doors to an amazing, 20'x10', private roof-top patio - perfect for summer dinners or just relaxing. Renovated kitchen finished with modern cabinets and oversized, table-top island, plus a practical custom designed nook for a bright functional home office. The upper floor has 3 spacious bedrooms including the huge master suite with a 4 piece ensuite. Lower level offers plenty of room for storage or as a hobby/craft/workshop. A wonderful location that offers you an amazing lifestyle nestled along the bow river and pathway system, walking to both hospitals, U of C, cafes, parks and coffee shops. It’s a quick 6 minute commute to downtown, shopping centers and a short walk to Edworthy Park. This is a rare find- book your showing today before it's gone.
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I have listed a new property at 124 Precedence VIEW in Cochrane.
BRAND NEW HOME by Douglas Homes, Master Builder in Precedence of Riversong. Featuring the Silverton. Located on a full walkout lot with a spectacular, unobstructed Bow River Valley view . This gorgeous 3 bedroom, 2 & 1/2 half bath home offers over 2000 sq ft of living space. Loads of upgraded features in this beautiful, open floor plan. The main floor greets you with a grand 8' front door, built in functional bench with mirror above, decorative niches, soaring 9' ceilings, oversized windows , & 8' 0" passage doors. Gleaming Hardwood floors flow through the Foyer, Hall, Great Room, Kitchen & Nook adding a feeling of warmth & style. The Kitchen is completed with tiled floor walk through pantry from Mudroom, dual color Quartz Countertops & dual color Cabinets, new stainless appliance package including OTR Microwave, Gas Stove, & Dishwasher. The main floor is completed with an expansive open Great Room finished with a Napoleon Alluravision fireplace. Upstairs you'll find a generous Master Bedroom with 5 piece Ensuite including separate, dual Quartz vanities & undermounted sinks, deep 6'0" soaker tub topped by a large bright window & adjacent to an oversized tile shower, & a private water closet all completed with designer tile flooring. There is also a large, separated walk-in closet with convenient Linen storage all accessed from the Ensuite. The 2nd floor is completed by a spacious, forward family Bonus Room with a double vaulted ceiling & 2 good size additional bedrooms with double door closets. You'll also find a main bath with Quartz countertop, undermounted sink & tile flooring. You're certain to love the convenience of the 2nd Laundry Room completed bright window, Linen storage & tile flooring. This home is located on a quiet street with an unobstructed, easterly, panoramic view of the Bow River Valley from the entire rear of the home. This is a very popular plan, great for larger, upscaling families. Beautiful and Elegant! The perfect place for your perfect home with the Perfect Fit. Call today! Note: Front elevation of home & interior photos are for illustration purposes only. Actual elevation style, interior colors/finishes may be different than shown & the Seller is under no obligation to provide them as such.
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Before Cannabis legalization, the real estate industry was always on high alert for what we used to call a “grow operation” in homes we took part in selling. At the time, we were told “once a grow op, always a grow op”. This meant that at any time, spores could grow and spread throughout the home, even if “remediated”. It was highly recommended we discuss disclosure with the owner, in case this were to happen in the future. Mainly because, on the offer to purchase, including the contracts of today, the owner is to disclose known material latent defects. Material Defect means a defect in the property that is not discoverable through a reasonable inspection and that will affect the use or value of the property. 

At the time, we were taught that due to Alberta having no regulation around remediation, so there was no certain way to say each remediation company did the same work. 


As of October 17, 2018, adults were allowed to grow cannabis at home; up to four plants per household (not per person) for personal consumption. the https://www.alberta.ca/cannabis-legalization.aspx


A realtor today should be using a schedule for both parties to a contract asking for disclosure:

ILLEGAL DRUG MANUFACTURE/MARIJUANA GROW OPERATION

the Seller(s) hereby expresses, to the best of my/our knowledge and belief, the premises and property have not been used for the manufacture of illegal drugs or used as a marijuana grow operation.


Marijuana Grow Operations (MGO’s) are not always disclosed. Ideally, the seller will know, but not always. An MGO premises is usually subject to an order and a Notice of Health Hazard registration or maybe a police registration on title. It is best to pull the historical title. But this is not necessarily so either. Sometimes a google search can help. Or, just knocking on a door and asking a neighbour. Now, obviously most do not knock on doors, but, if something may be suspected, then yes, knocking on neighbours doors and asking if they know anything may be your best bet. 


https://albertahealthservices.ca/assets/wf/eph/wf-eh-marihuana-growop-repair-rehab-remediation-requirements.pdf 


Are remediated grow ops safe to live in? Many say they are better than a re-sold home. Alberta, to this day, does not have a remediation regulation in place for MGO’s. Alberta Health Services has a detailed list of requirements for repair/rehab/remediation. 


***The risk will still be, like a nagging worry in your mind, did they get it all out.*** 

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