Have you ever dreamed that you could start a business with your spouse? Would you love to spend every day strategizing with and working beside them? It’s not just a dream. For many husband and wife real estate teams, it’s an everyday reality.
Real estate is what you make of it. There’s no “right way” to be a real estate agent, and anyone can be on your “real estate team.”
There are a lot of advantages to being a team with your spouse. You’ll have more time and recognition than an individual agent. And a married couple can provide better coverage to each client.
Let’s take a look at some husband and wife real estate teams — and what makes their partnership so special.
1. Tim and Rachel Scheib
Based in Iowa, Tim and Rachel Scheib have been in business for a combined 21 years. Tim began working in the real estate industry 14 years ago. Since then, he’s won many awards and accolades. He loves being a part of his clients’ lives and helping them find the perfect home. Meanwhile, Rachel started her career seven years ago.
Tim and Rachel’s story is interesting, as this husband-wife team didn’t start as Realtors together. Rachel began as a wellness specialist and personal trainer but found that real estate and property sales were alluring. This happens often with married teams — one spouse will convince the other to get into the business.
Many spouses also bring their connections from their former careers or their skills from those careers. A wellness specialist and personal trainer, for instance, already has a book of clients; they just need to transition it from their first business to their second business.
Additionally, you can always find creative ways to involve your real estate business with your former one. A wellness specialist already knows how to read clients and determine what they need.
2. Sara and Jeff Baker
This interesting husband and wife real estate team work together at the same listing broker. Jeff has over eighteen years of experience in the industry and adores how Sara uses her interest in people to pair them with the perfect homes. Everyone knows that buying a house (or even finding a rental property) can be an intensely emotional experience. Together, they’re able to find the perfect fit for their home buyers.
When it comes to a husband and wife team, it’s not just about cornering more of the real estate market or securing an additional deal. It’s also about making sure that each of you is able to contribute something special to each real estate transaction.
And often, people find that they’re simply drawn to the amount of freedom that real estate can offer. If your spouse can take a vacation at any time, frequently makes quite a lot of money, and essentially works for themselves, wouldn’t you want to be able to do the same?
3. Renee and Tom Clark
This husband and wife team don’t just work together, they also work with their son. The Renee Clark Real Estate Group is a “relationship-driven, results-driven business,” and it shows. They are an entirely family committed to helping their clients meet their real estate needs.
Not only do they have a multitude of high-end listings, but their tightly-knit team means that they can put their full weight behind helping each and every client. And while helping each client is their priority, what they really enjoy is spending each day together, exploring the world of real estate investing, and spending their time with the person they love the most.
Many clients love working with spouses or families, especially if they’re looking for a home for their own family. Not only do they find families more trustworthy, but they also have multiple points of contact rather than just working with a single agent.
4. Ernie and Becky Bascuas
Specializing in luxury properties in Miami, the Bascuas’ have been working tirelessly for over a decade to help each seller and buyer realize their dreams. Ernie came from a real estate property and was exposed to real trends at an early age, while Becky had a background in interior design (great for an open house) and a strong connection with the community.
Together, they were able to form a tremendous real estate team. Whether you need a buyer’s agent or a listing agent, you can get help from them or their other agents. The Bascuas’ are an excellent example of using your strengths to your advantage when engaging in a partnership.
Many husband and wife teams ultimately end up creating their own brokerage or firm. It’s an easy way to start developing a team that can ultimately support more Realtors. And if your family members decide that they want to go into the business, too, it can even become a family business.
Other husband and wife teams become investors themselves; they start to build their business through investment properties such as rentals. Having long-term as well as short-term goals is important for those in the real estate business.
5. George and Jennifer Laughton
The Laughton Team is a RE/MAX franchise that sells many millions of dollars of real estate every year. They are Certified Distressed Property Experts, Short Sale and Foreclosure Resource Certified, and studying for the Graduate, Realtor Institute designation.
The Laughton Team has been helping clients for many years and are passionate about making a difference in their community. They are well-known for yielding fantastic results and have been recognized for their performance. The Laughtons live and work within Phoenix and have been developing their connections to the community for 13 years.
Also, they believe that strong relationships and excellent transparency are what set them apart from their clients. They work to engage their clients on a personal level, find out what they need, and ensure that their prospective properties consumers know what they need to know to make the right decisions.
FAQs on Husband and Wife Real Estate Teams
Why are there so many husband and wife real estate teams?
Many people end up pulling their spouses into the lucrative business of real estate. If one partner is a great Realtor, it’s easy to see that they could be even more successful if they’re both real estate professionals.
But there’s also another scenario at play: many Realtors also meet their spouses in the industry. You spend a lot of time with other Realtors, which means connections and relationships can be made.
Are there concerns when becoming a team with your spouse?
There may always be concerns with arguments, such as: Who will be the team leader? Who gets to make decisions? Who controls social media? And who decides which mortgage broker they work with? But a healthy relationship can make for a healthy real estate business.
Apart from this, there can be issues when both spouses have very erratic incomes. You will need to conscientiously save if you want to make sure you aren’t adversely impacted by leaner times and down markets. You don’t want to have to cut your budget every winter.
How do husband and wife real estate teams find brokerage firms?
Understandably, it can be best if the same brokerage holds both the husband and the wife’s real estate license. But it’s not strictly necessary.
Sometimes partners will work with a different real estate broker, at least until they’ve progressed enough in their real estate career to open their own. Eventually, they may open their own franchise, such as a RE/MAX franchise, so they can continue to work together.
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