Successful Real Estate Partnerships

4 signs of a Real Estate Partner-coming from a guy who has moved over 12,000 homes in 7 years

1. Healthy business partners speak respectfully about their partner even when their partner isn’t there to hear it.

The tone of your words when speaking to your business partner OR about your partner will ultimately set the tone of your entire business relationship. Resist the temptation to trash talk your partner when he/she has done something you don’t like. Work through disagreements with mutual respect and protect and defend your partner’s reputation in public and in private. Speak to each other and speak about each other with respect.

2. Healthy business partners prioritize time spent together working on the business
We live in a digital age where it can be tempting to spend more time on emails, texts and other screens more than we make eye contact with the people who matter most in our business. The healthiest partners make time to turn off their phones so they can engage in meaningful conversation. They don’t “escape” from each other an the business progression by being consumed by their devices.

3. Healthy business partners don’t keep score of each other’s past mistakes.
Your business partner has seen you at your best AND seen you at your worst. The healthiest partners choose to bring out the best in each other by celebrating and highlighting each other’s strengths and areas of growth instead of consistently holding each other down by bringing up mistakes from the past. When a partner “keeps score,” they both lose. When a partner chooses to encourage each other and extend grace, they both win. Healthy partners forgive each other quickly and work hard to rebuild trust when it has been damaged.

4. Healthy business partners don’t keep secrets from each other.
The healthiest business partners have a “secret-free guarantee” in their business relationship. They don’t have hidden bank accounts or secret passwords the other business partner doesn’t know about. Secrecy (or dishonesty) in any form is an enemy. If you want your business to grow and thrive, don’t keep secrets and don’t tell lies to each other. Your business will never be stronger than the level of trust you have for each other.