Category Archives: Management

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Management

How property management can be your key to success

While you might find that the biggest paydays come from selling homes, these can be few and far between. However, your bills don’t stop just because you’re going through a quiet period and that’s often the reason that real estate agents have to give up their dreams.

Adding property management into your mix can be the step you need to take to secure your cash flow – and your future.

Some real estate agents turn up their noses at the idea of property management ‒ they see it as a small income that takes up time they could be spending on marketing a property for sale.

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Management

Should you be a selling principal?

One of the benefits of running your own agency is that you’re the boss and you can decide where to focus your energy.

When you’re starting out, you might choose to keep selling to stay afloat, especially if you’re running a lean operation with a virtual office. As you build up your team and your profile, selling might be something you no longer need to do from a financial point of view.

Yet many principals do choose to ‘keep their hand in’ – selling properties, often for high-profile or loyal clients, and perhaps only a few a year, or sometimes more.