Why the Right Real Estate Team Is Smaller Than You Think
It has taken me over twenty years to get close to having the right people around me. And about ten years ago I realized the team I actually needed was smaller than I thought.
Most people building a real estate operation spend years trying to accumulate people. More contractors, more agents, more connections, more names in the phone. The logic seems sound until you realize that a long list of people who are halfway reliable is worth considerably less than a short list of people who actually show up. I stopped trying to build an army and started building a group of people who genuinely care about what they do. That's the whole formula. It took longer than it should have to figure out something that simple.
What drove that shift was being honest about two things. The roles I had real passion and drive for, and everything else. The things that fall into everything else need to belong to someone who feels about them the way I feel about the work I actually want to do. You're not going to out-perform someone who loves what they're doing by tolerating it. Find the person who cares and get out of their way.
The harder part of that honesty is admitting what you should stop doing even when you're capable of doing it. I've been in construction for thirty years. I still catch myself considering strapping on a tool belt when my guys can't get to something on my timeline. Changing a ceiling fan is not a good use of my time or yours. It feels productive. It is not. Taking the time to find another qualified trade is never wasted time. It's an investment in not being stuck in that same position the next time the job comes up, and the time after that. The easy route and the right route are rarely the same road.
There's another reality that most people don't want to talk about honestly. Even your best people have life happen to them. If your entire operation runs through one or two people and one of them hits a rough patch personally, professionally, or otherwise, you feel every bit of it. That's not a criticism of the people on your team. It's just how life works, and building without accounting for it is a structural problem waiting to surface at the worst possible moment.
I have my favorites. Everyone does after long enough in this business. But I have a genuine enough relationship with my best people that I tell them directly when I'm looking for backup options. And the ones who are truly success-minded don't take that personally. They want to make sure I'm covered when they can't get there. That's what a real teammate looks like. No ego about it. No selfishness. Just shared interest in making sure the operation holds together for everyone involved.
Build your team that way and protect it the same way. The people who show up when it costs them something are worth everything. Treat them like it and they'll stay. Take them for granted and you'll find out what the operation looks like without them.
If you want to talk through what a right-sized, honest team structure actually looks like for your Houston projects, let's have that conversation.
Schedule a free 15-minute call at calendly.com/jeph-reit