Getting a Handle on Operations
April 1, 2009 by e-Partner · Leave a Comment
Let’s talk about getting a handle on operations. When we use the term “operations” we are referring to the internal operating model of the brokerage firm…things such as accounting systems, sales and marketing systems, closing management systems, transaction management, etc.
The operations aspect of too many brokerage firms are still too labor intensive and costly, thus eating up more capital than necessary. Brokerage firms that analyze their operations and look for the integration of technology solutions for some of their operation costs can realize increased efficiency and a better bottom line.
From the front end of transaction development to the back end closing, we should look at Paperless Tools and other internal applications and systems that can bring a consumer-centric value proposition to real estate transactions. Listen to the following podcast.
Need help with your Internet business model. Call e-Partner toll free at 1-877-380-1000 or use our contact form.
The Third Economic Wave
April 1, 2009 by e-Partner · Leave a Comment
The real estate industry is made up three economic waves, those being the Broker-Centric Era, the Agent-Centric Era and the third we call the Consumer-Centric Era.
The Consumer Centric Era began circa 1994 with the placement of the first property listings and photos on the Internet. It is an era dominated by the open distributioin of property information to consumers that largely reject the old retail bricks and mortar interface with brokers.
More than any other era, the consumer-centric era will have the greatest impact on real estate brokerage business models and Broker/Owner profitability.
Need help with your Internet business model. Call e-Partner toll free at 1-877-380-1000 or use our contact form.
