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Home Start Ups Making Your Real Estate Business a Breeze: Framework for Organization
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Making Your Real Estate Business a Breeze: Framework for Organization

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Ava Collins
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July 31, 2020
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    Making Your Real Estate Business a Breeze: Framework for Organization

    Being organized is essential for any real estate business, but achieving this consistently is tricky unless you work to a consistent and effective framework.

    With that in mind, here are a few solutions to consider adopting if you are looking to enhance employee effectiveness and boost productivity through better organization.

    Use the right software tools to manage leads

    Making sure that agents are able to pursue potentially lucrative leads and make sure that important real estate transactions are carried out seamlessly can be a challenge. Thankfully there are modern software platforms such as Paperless Pipeline which are designed from the ground up to make your life easier in this respect, particularly when it comes to the arduous task of transaction management.

    From storing important paperwork to calculating commission, top tier real estate software can deliver a range of organizational benefits to your business. You just need to be willing to embrace it to start reaping the rewards.

    Purge when appropriate

    While most of your focus may be on lead generation and the courting of prospective clients, it is also important to remember that you need to curate your list of contacts carefully and ditch those that will never prove fruitful to minimize clutter.

    Contacts that are unresponsive to your advances or have proved difficult to engage with in the past, perhaps as a result of a personality clash, can safely be erased from your database. This is significant from an organizational standpoint because it will prevent your agents from wasting their time with contacts further down the line.

    Use categories to target marketing

    Organization can be ameliorated through appropriate use of categorization. This applies not only to your database of contacts, but also to the different types of properties that you have in your portfolio.

    This is not just about making sure that relevant information is easy for agents to find on the fly, but also about ensuring that you are able to properly prioritize your sales efforts over the course of each day.

    For example, it is easier to judge marketing efforts and plan engagement strategies if you can see at a glance the state of the relationship that your business has established with a given client. You will obviously need to use personalized tactics to approach people who have a long history of successful interactions with you, as opposed to those who are being approached for the first time or as part of a follow-up on some earlier point of contact.

    Avoid procrastination

    In terms of the spectrum of organization, it is actually important to remember that too little can be just as bad as too much. Do not spend hours or days making minor tweaks to how your business operates when the benefits of doing so might be minimal or non-existence; instead aim to strike a balance and find an approach that works for you.

    Most importantly, remember that a company’s organizational culture will be defined from the top down, so you need to take the lead in pushing through any major changes.

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    Ava Collins
    Ava Collins of Hicks Group, a staffing and consulting firm with experience connecting businesses to qualified veterans, wrote this article for CareerOneStop. Collins says that working with an agency that helps put veterans to work is the easiest way to go about hiring veterans as well as gaining more in-depth information about how it could vastly improve your business.

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