What is something that every realtor or brokerage needs done that they wish they could just outsource to someone else?
I am a junior broker just about to get into the industry and am eager to make an impression. I am looking for something that I could become good at doing so the more senior brokers don't have to do it. Maybe it's something that would be a good business idea and could be sold to the brokerages...? Let me hear em!
[{"id": "fny5xp5", "text": "Cold calling", "replies": [{"id": "fnz979z", "text": "I get that you don't want to do that, but I've never understood having a junior broker cold call. Maybe in residential, but in commercial, they have someone brand new calling on a complex commercial property who has literally no idea what they are talking about? That's an insane business model.", "replies": [{"id": "fo1lkrm", "text": "You only need the cold caller to know enough to book a meeting. A year or two into the job they should be able to talk shop about the market for a couple of minutes.", "replies": [{"id": "fo34deb", "text": "Why not have a senior broker who has so much business coming in he needs junior brokers to help service them instead?", "replies": [{"id": "fo34zht", "text": "That happens too. Keep in mind cold calling typically only lasts for maybe an hour a day. The rest is all servicing existing clients/business. No broker, no matter how junior does just one thing.", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}, {"id": "fo2drnt", "text": "Sounds like M&amp;M agents. Lol", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fny828p", "text": "Cold calling, proposal writing, financial analysis, marketing material production, contracts. Senior brokers typically want to do as little of the above as possible with a few exceptions.", "replies": [{"id": "fny8mwr", "text": "Most brokers I know don't mind the financial analysis. Its just that its time consuming. The other ones are real drags.", "replies": [{"id": "fny8ri1", "text": "I find most brokers (myself included) like to direct the analysis (set assumptions and tinker with values) but ask them to build a pro forma from scratch and they\u2019d be happy to pass that on. Agreed on the rest.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fny8y2j", "text": "Get good at Sms and RVM and email blasts", "replies": [{"id": "fo00fki", "text": "What is RVM?", "replies": [{"id": "fo1py0q", "text": "Ringless voice mails.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fnyddfl", "text": "photography or home inspection skills. 1/3rd realtors have mortgage licenses. Notary licenses.", "replies": [{"id": "fnygab5", "text": "You\u2019re in the wrong sub", "replies": [], "depth": 2}], "depth": 1}, {"id": "fnydguu", "text": "Finding/Sourcing potential opportunities for the brokers", "replies": [], "depth": 1}, {"id": "fnyh3jm", "text": "Digital marketing to bring leads. I\u2019ve had a few people reach out to us for it and they\u2019re pretty excited about the results so far.", "replies": [{"id": "fnywqra", "text": "Yeah loopnet sucks balls", "replies": [], "depth": 2}], "depth": 1}, {"id": "fnz0zm1", "text": "Stacking plans of buildings with tenancy", "replies": [], "depth": 1}, {"id": "foly8ic", "text": "For brokers that don\u2019t have assistants, it\u2019s listing prospect reports. Those take forever to put together", "replies": [], "depth": 1}]