The new office is located in a small town just west of Storm Lake Iowa, the town of Alta. I am in the office today, good traffic so far, new store opened in the building next to mine and it is drawing a lot of people. Many are stopping in or at least reading the sign.
My tasks today:
Follow-up with 3 prospective sellers and 2 buyers,
Complete and print the business newsletter
Review a transaction closing on Monday
Move sign frames to office and storage
Set-up showings for Monday and Tuesday
Review next weeks schedule (taking Thanksgiving off - family in)
Prepare listing forms for 2 new properties
Work on 7a loan application
Approve proofs for advertising next week
Develop ads for new listings
Yesterday we added some of the new signage to our building front, it should help people see our signage better.
Below are the beginning business statistics:
1) Started my own Brokerage October 27, 2009
2) Experience - real estate (licensed 5 years), Associate Broker 3 years, CRS, GRI, AHS, BS Ed, investor 8 years, previous experience building and running my own company 5 years, corporate management 9 years
3) Location - good for foot traffic, abundant parking, good signage visibility, office space remodeled to fit new needs, remodel completed by us and we own the building
4) Equipment - Utilized some existing and purchased some - signs, office furniture, computers, printers, cameras*
5) People - Myself and an Administrative person who plans to get licensed6) Marketing experience - 10 years, Internet, web development,print, photography
7) Financing - Start-up, Self financed(approximately $12,000), next phase - expansion with a loan (looking into a SBA 7a Loan)
8) Time Committed to generating business and running business - approximately 60 hrs a week
9) Time required to be able to open office and do business - approximately 6 months, financial planning, office layout, remodeling, marketing plan, business plan, signage, accounting, legal, state, federal, supplies, other.*
*Used many local persons for work and supplies (signage, beautiful, unique and reasonable) but also found many great deals online.
Hey Everyone,
This blog is a record of the day-to-day workings and issues inside a new brokerage. I am writing it to help others make the leap successfully or decide to stay where they are after seeing what it takes to be successful and through your advice and input help me grow a new company
I see this as a journey, and every journey needs preparation, resources and a destination. Sharing this with you will help me, I do hope to help you too. If you have questions about things as I blog please put them in the comments, any advice is humbly and gratefully received.
Next blog will be my beginning business statistics - Thank you
My hat is on and I have taken to the open road - high mountains in view but level path and sunshine straight ahead.
Check out the new Home Buyer Tax Credit Reference Chart if you haven't already gotten one. Click on the link and go - Home Buyer Tax Credit Reference Chart. Once there click on the red box with that info. on the page. I haven't been on in a while because I have been sooooo busy opening my own brokerage :)
We are Weaver LLC Realtors, great office, working with some really good Buyers and Sellers. A little nervous but staying the course and pushing on. One thing I am so thankful for is all the people who have supported me in this decision, helped me get the office, books, forms, files, advertising, marketing, and so many other things organized and on track. And a very special thank you to my husband, Ronnie.
Georgia A. Weaver - Broker Owner - WeaverLLCRealtors Storm Lake Iowa Realtor, Storm Lake Iowa Real Estate, Iowa homes, Condos, Lake homes,Lake view homes, relocating to Iowa, Buena Vista County
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