Comments on: Running a Successful Real Estate Business Part Deux: Multiple Profit Centers

By: topsy_top20k_en

topsy_top20k_en — Sat, 19 Dec 2009 02:45:41 +0000

Running a Successful Real Estate Business Part Deux: Multiple Profit Centers: A Tale of Two Niches As the real esta... http://bit.ly/7wWn7R

By: Erion Shehaj

Erion Shehaj — Sat, 19 Dec 2009 02:45:41 +0000

REALTORS -- Running a Successful Real Estate Business: Multiple Profit Centers http://bit.ly/60XH1Y #RASREB #FB

By: BHG Real Estate

BHG Real Estate — Sat, 19 Dec 2009 00:56:27 +0000

Running a Successful Real Estate Business Part Deux: Multiple Profit Centers http://ow.ly/NpsJ

By: Erion Shehaj

Erion Shehaj — Fri, 18 Dec 2009 21:42:22 +0000

Mark

As fate would have it, CNBC ran a special on Coca-Cola last night. A line caught my attention: “Coke realized that now it’s not as much about the drink as it is about selection”.

Diversification for the sake of diversification is uncontrolled chaos. But, it’s hard to know whether a profit channel would complement your existing business if you don’t know anything about it.

By: Erion Shehaj

Erion Shehaj — Fri, 18 Dec 2009 21:39:18 +0000

“Specialization” in this post refers to an agent that focuses exclusively on one aspect of the business not so much their level of expertise. God knows many who flocked to the REO pasture made money while having zero clue. If you need proof, take a look at REO listings on the MLS – that’ll be a lesson in how not to market a property.

I’m certainly happy about her persistence. Our bank account, even more so

By: James R Williams

James R Williams — Fri, 18 Dec 2009 21:09:00 +0000

Running a Successful Real Estate Business Part Deux: Multiple ... http://bit.ly/8mycWo

By: Pete Skoglund

Pete Skoglund — Fri, 18 Dec 2009 20:26:41 +0000

Running a Successful Real Estate Business Part Deux: Multiple Profit Centers - http://bit.ly/7nceQS ... great article!

By: Mark Eckenrode

Mark Eckenrode — Fri, 18 Dec 2009 17:14:43 +0000

erion, nice article to help stretch the mind of many. and i agree with what Jeff says above, especially about the varying degrees of specialization. there’s also a lesson in specialization to be had from Coca-Cola…

a number of years ago they thought their business was “drinks” and so came out with wine. yes, it flopped miserably. they then realized their business was “refreshments” and, well, they do a damn fine job of that. so, diversification for diversification’s sake ain’t the way to go. you point to that in your article. the point is, if you’re going to diversify or add profit channels, make sure they complement what it is that you already provide.

By: Top 10 real estate posts of the day for 12/18/2009 : Tempe real estate and free home search

Fri, 18 Dec 2009 16:07:27 +0000

[...] Running a Successful Real Estate Business Part Deux: Multiple Profit Centers – Great advice for agents, you can prepare for today’s market, but what happens when it changes [...]

By: Pete Skoglund

Pete Skoglund — Fri, 18 Dec 2009 15:30:21 +0000

It’s unbelievable that most seasoned agents refuse to break the mold yet are shocked at their financial stauts (or lack of any financial status).