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Team transactions outpacing top producers’, according to REAL Trends

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Real estate teams are on the rise, according to a new in-depth report from REAL Trends. Citing real estate coach Tom Ferry from a 2016 survey, the report — “The Real Estate Teams Playbook: Aligning Structures and Strategies” — said there are between 35,000 and 50,000 real estate teams in the U.S. And the numbers are growing, with 37 percent of teams formed one to three years ago and 26 percent of teams formed one year ago. How does REAL Trends track these numbers — and what do they say? REAL Trends tracks the top-performing real estate teams and individual sales agents each year for the national rankings, America’s Best and REAL Trends The Thousand. Of note: Only brokerages and agents (and teams) who submit their numbers are included in REAL Trends rankings. This is why so…

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