How To Work Collaboratively As A Commercial Real Estate Agent

3 tips that will help you leverage collaboration and start seeing results.

2.5 min read

As a whole, the commercial real estate industry is often looked at as a sole proprietorship, with most agents working as lone wolves to "successfully grow their business." What if we told you that working collaboratively can help you get there that much quicker? Believe it or not, working alongside a fellow agent in transactions can put you ahead of the game instead of having you fall behind. 

Don't believe us? We're sharing three tips that will help you leverage collaboration and start seeing results.

Establish Roles From The Start

The basis of any successful team is establishing clear roles and objectives. When you know precisely what you want to get out of the process, it makes it that much easier to develop a strategy that will help you get there. Establishing roles makes a significant impact on how efficient the collaboration project is and enables leveraging the skills of all players involved. Knowing who's responsible for what will help you and your team achieve your goals, all while setting the tone for future collaboration.

Leverage Each Others Expertise

It is a common misconception that to work collaboratively with other agents; you have to be within the same playing field. This, however, is not the case. Leveraging your team member's market expertise and clientele base can help you achieve your goals that much quicker. When you look outside your existing market, you never know who your team members will bring to the table.

Encourage Clear Communication

In any team dynamic, clear communication is vital! If working with a team is outside of your comfort zone, it is critical to reinforce this standard not only for your team members but also for yourself. When there is a lack of communication, your end goals may get caught in the crossfire. Keep your team members up to date with recent advancements, and encourage the same from them. Remember, there is no "I" in "teams."

If you haven't already done so, open yourself up to the possibility of working alongside a team. When done correctly, it can generate success and create a basis for future collaboration. Teamwork really does make the dream work.

Reference

Walkowiak, R. (n.d.). How To Work Collaboratively As A Commercial Real Estate Agent. Retrieved March 11, 2021, from https://www.rlpcommercialtoronto.com/meet-rob-walkowiak-branch-manager


About Royal LePage Commercial Westhaven

Our commercial real estate industry and segment expertise coupled with Royal LePage’s national platform and integrated systems provides best-in-class real estate strategies and a competitive advantage that can’t be beat.

We help businesses identify opportunities and maximize their return on investment with actionable goals, centralized support services and a strong commitment to customer success. Our national partnerships help us establish, guide and execute successful business investments.

We offer commercial real estate agents a professional environment, focused 100% on commercial real estate.  Agents can expect unlimited market boundaries to build their business without the interference of a heavy corporate structure.  In addition, agents will be able to access Royal LePage’s national referral network of over 18,000 agents to develop more business in their target markets with incoming leads generated daily. The brokerage provides agents a suite of services including marketing, promotional, networking and professional development needs.

Innovation and service excellence have developed and propelled the Royal LePage brand since 1913. When you join Royal LePage Commercial Westhaven brokerage, you have the backing of one of the most powerful commercial real estate services company in Canada—Bridgemarq Real Estate Services Inc. (formally Brookfield Real Estate Services Inc.). Bridgemarq is a leading provider of services to real estate brokers and agents.  They are an affiliate of Brookfield Business Partners, a business services and industrials company focused on owning and operating high-quality businesses and is listed on the New York and Toronto stock exchanges.

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