Comments on: I Hate Business Expenses, But …

By: Steve Beam

Steve Beam — Mon, 24 Nov 2008 04:08:23 +0000

Great insight. It sure helps get over the brick wall of starting a team.

My biggest hurdle has always been worrying about payroll or over head.

By: Paula Henry

Paula Henry — Mon, 24 Nov 2008 02:40:15 +0000

Mariana –

Sounds like you have a great team, part of which is knowing your expenses! I too share a TC and it works great for both teams.

By: Missy Caulk

Missy Caulk — Sat, 22 Nov 2008 23:22:17 +0000

Ok thanks that is pretty much what I do; although I still take the photos, I’m too picky.

By: Mariana the Wagner

Mariana the Wagner — Sat, 22 Nov 2008 22:50:29 +0000

Hi Missy – She is our Listing “Manager” and is in charge of all the online and offline marketing and seller contact AFTER we take the listing, all the way up to the home going under contract. She also draws up our listing contracts and disclosures and maintains the showing feedback.

Derek and I are the ones who do the CMAs, goes to the listing appointments and negotiates all offers. At this time, we are still a very involved part of our business.

I hope that helps clarify things…

By: Missy Caulk

Missy Caulk — Sat, 22 Nov 2008 20:06:10 +0000

I’d love to know how you use the listing coordinator in greater detail. That will be my next step.
Sounds like they are doing the CMA’s and meeting with the clients.

I’d like to know how you do that and they don’t want to meet with you and Derek?

I know it is all in explanation but what do you actually say?

By: Mariana the Wagner

Mariana the Wagner — Sat, 22 Nov 2008 14:23:18 +0000

Craig – Thank you. We spent plenty of years doing thing the other way.

Jim – Yes she is, but another way around that is if the TC is an Independent contractor and doing TC work for more than one team/agent.

By: Jim Gatos

Jim Gatos — Sat, 22 Nov 2008 10:58:13 +0000

I hope your transaction coordinator is a licensed agent.. So many aren’t and they should be on straight salary, otherwise it’s illegal…

By: Mark Eibner

Mark Eibner — Sat, 22 Nov 2008 03:16:37 +0000

we're at it again I Hate Business Expenses, But …: Get out of your feed reader an.. http://tinyurl.com/58mfds

By: Craig Ernst

Craig Ernst — Fri, 21 Nov 2008 23:16:00 +0000

Mariana,

This is a great example of the smart way to run any business. In terms of total expenses, minimize your fixed expenses and maximize your variable expenses (those tied to actual increases in revenue and production).

So many businesses (and agents!) go broke because their fixed expenses are too high or even out of control. And too many agents don’t even understand the difference between the two types of expenses.

Craig