Comments on: Your New Brokerage Business Model Sucks! http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/ News, insights, tools, and inspiration for business owners and professionals Fri, 10 Feb 2012 15:13:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jay Thompson http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-49017 Jay Thompson Fri, 12 Mar 2010 17:42:36 +0000 http://agentgenius.com/?p=1417#comment-49017 Funny you should mention office closings SCRE. In the two years since I wrote this post, my old C21 broker who poo-poo'd our brokerage model has closed his office. We have grown to 18 agents and recently opened a branch office in Tucson... Funny you should mention office closings SCRE. In the two years since I wrote this post, my old C21 broker who poo-poo’d our brokerage model has closed his office. We have grown to 18 agents and recently opened a branch office in Tucson…

]]> By: SCRE http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-48961 SCRE Thu, 11 Mar 2010 14:22:52 +0000 http://agentgenius.com/?p=1417#comment-48961 I ran into someone at the supermarket yesterday who used to be with the biggest "desks are us" company in my market. She was 1 of 9 to leave that company going into 2010 and that is about 1/3rd of the office. The same company closed down one of their 4 offices in the area in 2009. I ran into someone at the supermarket yesterday who used to be with the biggest “desks are us” company in my market. She was 1 of 9 to leave that company going into 2010 and that is about 1/3rd of the office. The same company closed down one of their 4 offices in the area in 2009.

]]> By: Ted Amenta http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-40190 Ted Amenta Fri, 23 Oct 2009 01:48:32 +0000 http://agentgenius.com/?p=1417#comment-40190 I think that the days of the "desks are us" business model are over. The only question is who will be the first in each market to realize it. Home office based companies are growing around the country and I look forward to a good one arriving in my area. I think that the days of the “desks are us” business model are over. The only question is who will be the first in each market to realize it. Home office based companies are growing around the country and I look forward to a good one arriving in my area.

]]> By: Amanda Wernick http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-39722 Amanda Wernick Tue, 13 Oct 2009 05:43:08 +0000 http://agentgenius.com/?p=1417#comment-39722 WOW! WOW! WOW! Kudos to you for being forward thinking, for doing away with the "tradition" of Real Estate, and actually focusing on what matters...YOUR CLIENTS EXPERIENCE! I wish you extreme amounts of success! Please keep me posted on how you're doing! And just in case I didn't say it....WOW! :-) @FUNomenalRealtr WOW! WOW! WOW! Kudos to you for being forward thinking, for doing away with the “tradition” of Real Estate, and actually focusing on what matters…YOUR CLIENTS EXPERIENCE! I wish you extreme amounts of success! Please keep me posted on how you’re doing! And just in case I didn’t say it….WOW! :-)

@FUNomenalRealtr

]]> By: Natasha http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-39718 Natasha Tue, 13 Oct 2009 04:25:31 +0000 http://agentgenius.com/?p=1417#comment-39718 After being with RE/MAX for a couple of years I am so happy with our new small company. No more ridiculous splits! 90% of my business comes from the web site and I think the website is a very important tool to have nowadays especially in resort market. It shall be informative and very helpful to the buyers and sellers who start their property search online. If they like the web site and the information you provide to them they will definitely contact you when they are ready to buy or sell real estate. After being with RE/MAX for a couple of years I am so happy with our new small company. No more ridiculous splits! 90% of my business comes from the web site and I think the website is a very important tool to have nowadays especially in resort market. It shall be informative and very helpful to the buyers and sellers who start their property search online. If they like the web site and the information you provide to them they will definitely contact you when they are ready to buy or sell real estate.

]]> By: RE/MAX Missouri http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-28597 RE/MAX Missouri Wed, 04 Feb 2009 17:18:02 +0000 http://agentgenius.com/?p=1417#comment-28597 "Personally, I think a successful brokerage (or individual agent) can be made by going back to a very traditional thought and practice…" This is exactly what I believe. The traditional thought applied to today technology will bring us greater success and results in the long run. And hopefully we will have a ton of fun doing it along the way!!! “Personally, I think a successful brokerage (or individual agent) can be made by going back to a very traditional thought and practice…”

This is exactly what I believe. The traditional thought applied to today technology will bring us greater success and results in the long run. And hopefully we will have a ton of fun doing it along the way!!!

]]> By: A Coffey http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-27718 A Coffey Fri, 09 Jan 2009 21:04:47 +0000 http://agentgenius.com/?p=1417#comment-27718 Love the pamper comment. I fdo this by trying to do much more than is expected of me with every form of contact with my client. Thx for the reminder Love the pamper comment. I fdo this by trying to do much more than is expected of me with every form of contact with my client. Thx for the reminder

]]> By: Arlington real estate guy http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-23355 Arlington real estate guy Fri, 21 Nov 2008 16:50:38 +0000 http://agentgenius.com/?p=1417#comment-23355 Karen, this is a different Jay replying to you. Why would going virtual cause you to lose agents? Are they that addicted to wasting time at the office instead of working from home more efficiently? j Karen, this is a different Jay replying to you. Why would going virtual cause you to lose agents? Are they that addicted to wasting time at the office instead of working from home more efficiently?

j

]]> By: Karen Goodman http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-23349 Karen Goodman Fri, 21 Nov 2008 16:15:43 +0000 http://agentgenius.com/?p=1417#comment-23349 Jay - Would love your opinion on if there is a model between the big shiny office traditional model and the totally virtual office that could work. I work for a medium indep broker (70 active agents with about 10-15 producing agents/80 inactive licenses). He gives us total autonomy with minimal paperwork requirements. He is getting ready to get out of his expensive office space and take over a corner of the financial group across the hall to cut expenses. The broker wants to get out of being a broker and start a national training company. So he is offering an opportunity to me (top producer in the company) and the top operations person to become owners without putting in any cash now...just eventually paying him for his assets, being able to use current staff time to help him start up his training company for awhile and getting 100% on his referral fees to the brokerage. But everything I read is that the traditional model is doomed to failure. Going totally virtual wouldn't work...we would lose our best agents. Any suggestions? Jay – Would love your opinion on if there is a model between the big shiny office traditional model and the totally virtual office that could work. I work for a medium indep broker (70 active agents with about 10-15 producing agents/80 inactive licenses). He gives us total autonomy with minimal paperwork requirements. He is getting ready to get out of his expensive office space and take over a corner of the financial group across the hall to cut expenses.

The broker wants to get out of being a broker and start a national training company. So he is offering an opportunity to me (top producer in the company) and the top operations person to become owners without putting in any cash now…just eventually paying him for his assets, being able to use current staff time to help him start up his training company for awhile and getting 100% on his referral fees to the brokerage.

But everything I read is that the traditional model is doomed to failure. Going totally virtual wouldn’t work…we would lose our best agents. Any suggestions?

]]> By: Mike Pannell ( Fort Worth Realtor) http://agbeat.com/editorials/real-estate/your-new-brokerage-business-model-sucks/#comment-20599 Mike Pannell ( Fort Worth Realtor) Sat, 18 Oct 2008 23:16:03 +0000 http://agentgenius.com/?p=1417#comment-20599 Yeah i have run a virtual brokerage for a while, it is a great system and if you work real hard it will pay off in the end. Yeah i have run a virtual brokerage for a while, it is a great system and if you work real hard it will pay off in the end.

]]>