Team Structures
We Love Teams - why would any company not love teams? Well, in a brokerage model a team can actually represent a loss in revenue for the brokerage. When a lead agent hires an agent that the company recruited and trained, they are typically then paid by the agent, resulting in a loss in projected revenue coming in from the agent the company worked to hire.
At Keller Williams Legacy Group, we look at teams differently. Often a top producing agent will be strong in prospecting and lead generation. She or he has been able to cultivate a working sphere and to come up with constant new sources of leads. Other agents may struggle with this part but may be exceptional at working with a buyer, presenting a listing presentation, or at administrative tasks. It takes all of those pieces to make a really solid team.
The commission structure is set up so that lead agents can add an administrative staff person with no additional fees other than the space needed to accommodate that staff (typical cubicle space is $50.00/month). A top producing agent can add a buyer's agent or a listing agent at a reduced company dollar cap requirement of only $5,000 for the second, third, fourth person, etc.. We encourage our agents to look in our agent pool to see who is doing okay, but might benefit from working on a team. We ask them to continually look to see if there is an agent that seems to be great with buyers but struggles to find leads; or an agent with a fabulous listing presentation and amazing skills representing properties - but no one to present it to!
We also support newly forming teams. These teams can form with a variety of arrangements and benefit from sharing their workloads and company dollar requirements.
Married couple teams (where spouses file a joint tax return) actually share just one company dollar cap.
Keller Williams Legacy Group is the place for teams!!!