Are you ready to start your own real estate brokerage? If you are a self-starter with a strong work ethic and you know how to bring out the best in others, you may be ready.
However, there are many steps you will need to take, such as creating a business plan and establishing lead generation strategies, before you can call yourself a managing broker. In this episode, we discuss our firsthand experiences with our respective brokerages, the costs involved in getting started, how to pick the right staff, why we must charge desk fees to make it a profitable business, setting up the brand and the type of culture you must build to attract and retain agents. Roll up your sleeves and let’s get started.
This is an episode of IN THE HOUSE, hosted by real estate experts, top producers, entrepreneurs and public speakers Jenny Wun and Toni Sing. Tune in weekly for a mix of real estate business tips, actionable business building strategies and aspirational stories to maximize your professional and personal growth. Our fireside chats breaking down challenging real estate deals to overcoming real-life barriers will provide a roadmap to help build your real estate empire.
