Boston condo for sale teams
Boston Condos for sale
Boston condo for sale teams
Boston condo for sale teams are popular in our Boston real estate market. They are made up of real estate agents and administrative staff. Teams are a great way to defuse responsibility. When something goes wrong, one team member can point to another as the responsible party.
Most Boston condo for sale teams have some kind of a “transaction coordinator”, which seems to be a bottleneck in the system. An agent representing a buyer will tell me that I need to wait for the transaction coordinator for a signed document. In my world everything is electronic and I can send out any document and get it signed within minutes even if I am away from my desk.
There are Boston condo for sale buyer’s agents on teams; all they do is represent home buyers. The buyers are leads that the team “captured”. A buyer’s agent can have many transactions in a year and they have to work that way because they often only get a small percentage of the commissions they earn. The rest of it goes to the team lead and the broker.
If you call one team member to ask about a home the team has listed for sale, the team member doesn’t know anything about it and will pass your call along to the listing agent.
Don’t be too impressed if you are a Boston condo seller and a real estate agent tells you they are part of a team and that the whole team will work for you. They won’t.
Boston condo for sale and the bottom line
This may sound like a cliché but when I work with a buyer or seller the buck stops here. I take responsibility for the home sale or purchase. I do work with others as I pass contracts along so that the sale can be closed. I know inspectors, lenders and people who can fix things. In a way, they are all part of my team yet I am the one who is responsible and all my clients only need one contact.
Peace be with you
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Updated: Boston Real Estate Blog 2024