I have been reading blogs on owning your own office. My comment is it can work if everyone is on the same page and always willing to try new strategies. What I find is if your managers or partners are aloof or non progressive, unwilling to communicate then the office is doomed.
My advice is to hire and compensate a well rounded manager who wants to grow with your office. The big word is incentive-incentive to recruit,incentive to upgrade the office, to increase production.
To be an owner or manager in the wrong company is the most thankless and non productive job in the world. Your days will be filled with non productive activities that usually involve time wasting events.
The upside is you get to have some pleasure in seeing agents succeed and an office grow.
Remember one thing-do not stop producing and investing in real estate-count on no one to assist in your success.
Hire the right support cast and always have a business plan. Get on the same page on a daily basis and you have a chance to succeed and grow
Thursday, June 18, 2009
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