In recent years, Calgary’s real estate has seen a shift in the way realtors work. More often realtors form a team and work together. In Calgary, there are many teams and sizes differ from 2 up to 50 realtors. Why have teams become so popular, and are they better at selling homes than sole agents?
First, a short answer to this last question. In our opinion, real estate teams, big or small, are not any better in selling or buying a home than the sole agent. A good agent is simply based on his or her personality, motivation and experience in real estate.
Why realtors team up
A good agent is simply based on his or her personality, motivation and experience in real estate
We personally see the advantage of being a team of two, rather than a solo realtor. All our clients know both of us, and we can service most clients together. Therefore, we service clients better, and with more dedication.
Joining a large real estate team for a reason
Realtors in larger teams usually pay up to 50% of their commission to the team owner
Why only teams can claim to be the #1 realtor
Many solo realtors do more transactions per year than the agents in a team
Don’t confuse a brokerage with a team
A team is a business model within a brokerage
Is selling or buying a home with a team the best option?
Realtors are allowed to combine all transactions under one name to become #1
However, the fact remains that many solo agents in Calgary do more transactions than the team member in these large teams who claim to sell hundreds of homes per year. That is just a way of marketing. In our opinion, it is a public misconception that buying or selling a home with a real estate team is the best option
Selling or buying a home successfully stands or falls with the experience and dedication of the person, whether working in a team, duo or solo.
Read more about Misleading marketing in real estate – Choosing a realtor and brokerage and 18 questions to ask a realtor.