<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1636887349932403&amp;ev=PageView&amp;noscript=1">

5 Simple Steps to Scale Your Real Estate Business to the Next Level [with Downloadable Guide]

Posted by Brian Lim

Sep 2, 2020 10:30:00 AM

Aren’t you tired of being too busy? You might be overextending yourself by working 12-hour days and performing every aspect of running a real estate business - while squeezing in time with family. It might feel like you’re drowning in work, barely keeping your head above water. Since you’re spreading yourself too thin, you might provide a poor experience for your clients, since you’re unable to give them the time and attention they deserve. Don’t they deserve the best?

Plus, businesses are reopening and yours might be experiencing a flood of buyers as if a dam burst. If your market hasn’t experienced an increase in sales, it will as consumers regain spending confidence. According to a HousingWire article, “U.S. Pending home sales surged a record 44% in May.” We should see similar increases as summer progresses, which means your flood of work is only to rise.

But hey, it’s better to drown in work than to have no work at all, right? True, but you can have a heavy workload without feeling like you’re drowning, and you don’t have to sacrifice your personal life or your family to succeed as a real estate professional. You can have it all, just work smarter.

If you’re drowning in work, can’t give your clients the attention they deserve, and can’t find free time for yourself or your family, that’s a good indicator it’s time to scale your real estate business. Why? By scaling your business, you can reassess your processes and create the infrastructure necessary to properly manage and facilitate its growth. If you scale successfully, you’ll increase your income, have more time for clients, family, or yourself, exert less energy on less important tasks, and ultimately increase your market share in your area.

In this article, we'll show you the 5 steps to scale your real estate business: 

  1. Evaluate Your Real Estate Business and Plan To Scale
  2. Get Funding to Finance Scaling Venture
  3. Establish Infrastructure to Support Scaling
  4. Use Technology to Scale Efficiently
  5. Build a Team to Scale
Read More

Topics: Brokers

How to Build a Team to Scale Your Real Estate Business

Posted by Brian Lim

Aug 5, 2020 11:00:00 AM

In this article, we'll share recruiting and hiring strategies to help you assemble a team so you can scale your real estate business

Read More

Topics: Brokers

How to Use Technology to Scale Your Real Estate Business

Posted by Brian Lim

Jul 29, 2020 8:00:00 AM

In this article, we'll share the benefits of technology and ways you can integrate to scale your real estate business.

Read More

Topics: Brokers

Establishing the Infrastructure to Support Scaling Your Real Estate Business

Posted by Brian Lim

Jul 22, 2020 3:00:00 PM

Imagine your client flow doubles overnight. Would your current infrastructure and systems support this influx of new business? Probably not. For the same reason you wouldn’t try to fit 100 people into a 10-person boat, your real estate business can’t handle that many clients. If your business can’t handle an increase in business, the infrastructure and systems need to be upgraded so they have the capacity and infrastructure to manage all the new clients you will generate as you scale your business.

In the first two sections of this Scaling Your Real Estate Business series, we’ve discussed ways to evaluate your real estate business for growth opportunities and strategies to generate funding to finance your scaling venture. Using the tools and guides from these articles, you can calculate the amount of leads, transactions, and budget needed to hit your specified Gross Commission Income (GCI) goals.

In this article, we’ll share advice on ways to establish a stable infrastructure for your real estate business to support the increase of lead generation, nurturing, and ultimately, the scaling of your business.

Read More

Topics: Brokers

How to Get Funding to Finance Scaling for Your Real Estate Business

Posted by Brian Lim

Jul 15, 2020 7:00:00 AM

When it comes to scaling your real estate business, you must spend money to make more money. The amount of money needed to finance your scaling venture will depend on your plans, strategies, and goals. Scaling expenses you will consider financing include costs like purchasing new software that can manage your growth, staff to run non-related real estate tasks like accounting, or a new building to house your real estate business. With a little research and calculations, you can forecast your business expenses to help you reduce risk by investors and procure the necessary funds to cover those costs.

In this article, I will share strategies for acquiring funding to finance your scaling venture for your real estate business:

  1. Yourself (Bootstrapping)
  2. Family, Relatives, and Friends
  3. Lenders
Read More

Topics: Brokers

    Capture more real estate leads & close more deals!


    Download and use this free ebook to discover 62 online lead generation ideas to use in 2024!

    Download the eBook

    Get New Articles in Your Inbox

    Recent Posts

    Follow Zurple

    Over 3,500 agents and brokers nationwide use Zurple software to close more deals.

    Brokerages that use Zurple