Whats the difference between a mega team and a brokerage? 🤔 #realestateteam

This year we're really trying to do a better job when we get to that super mega team really looking into their financials and saying are you a brokerage? You know I think that the teamerage concept is is incredibly popular. They're growing at a rapid rate. I think when we look five to 10 years back maybe there was one brokerage operating as a team. Now the mega category is you know the top 10 are all very large teams that are operating close to a brokerage structure. This year we are doing being more active in policing that and making sure that we are requesting financials audited P&Ls making sure that their profit margins are in line with data that we have of real estate brokerages versus real estate teams and trying to align them appropriately. And to your point thousand person team and a 21 person team are completely different animals.

Learn how they put together the real trends verified rankings of agents and teams. Check out Mark Adams on episode 61 of Real Estate Team OS.