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Family Owned Real Estate Companies Definitely Have Their Major Perks and Advantages

By
Real Estate Technology with BPO Automation Group & BPO University

Ok, you won't have to twist my arm at all for me to tell you that I work within a small family owned real estate company here in the beautiful Pacific Northwest part of Washington state.

I love working for my Dad...he is my broker and my Mom is also in the business with us. Now, we all are not traditional real estate professionals....who is nowadays anyway, huh! :-)

In the past few years there has been quite a transformation for many in the real estate business and thankfully we found our niche in the broker price opinion and automation software fields.

In a few days my Dad and I (we are both certified real estate instructors) are putting on my accredited "Broker Price Opinion Basics 101' course here in Ferndale, Washington. I am going to be so excited and honored to be able to teach along of my mentor....my Dad.

Do any of you out there work for a family owned business too? If so, what do you specialize in? What is the one thing you love most about working within a family setting?

I'd love to hear from you!

Warmly,

Nicole Ocean

Comments(7)

Cameron Novak
The Homefinding Center - 1000 Palms, CA
Real Estate Broker since 2008

After reading that you love working for a family owned brokerage... I was just waiting the the "I work for my dad" part.  You didn't disappoint Nicole.  ;-)

Dec 30, 2010 06:51 PM
Fathom Realty Group Inc.
Fathom Realty Group Inc - Orange, CA
Get Paid what your WORTH!

Hi Nicole I have done about 100 BPO'S in over 24 months and not received a single property.

What I am finding is the banks list my REO properties 30-40,000 over my suggested list price.  This tactic has slowed down the flow immensely.

 

Got any ideas?

Dec 30, 2010 06:53 PM
Phil Leng
Retired - Kirkland, WA
Phil Leng - Retired

Hi Nichole,

I remember how I was so excited to find you, almost two years ago, and even happier to know you were right here in the great State of Washington.

We have become "friends" over that time, and I used all of your early systems.

Now that we have done over 1300 bpos, we have gone away from doing them, at least with the intensity we had before.

Our team now has closed 8 reo listings had 10 listed right now, 3 in closing, and 7 in the pipeline. You were a part of our early success!

Throughout that time I have appreciated you, Nichole, your story and your work.

Thanks for this post. It is part of why you are a terrific person.

Happy New Year to you.

Dec 30, 2010 09:53 PM
Anita Slaven
Reliant Realty - Nashville, TN
Real Estate Broker - Nashville TN

Great post - I really think the small family business is the place to be.

Dec 31, 2010 12:24 AM
Anonymous
Anonymous

Wow, everyone, you are going to make me cry, thank you so much for your kind words! Phil, I'm going to give you a call shortly to see how I can help get you back into automation.

Happy New Year Everybody!

Here's to a record setting 2011 for each of you!!!

Warmly,

Nicole

Dec 31, 2010 04:20 PM
#5
Michael Eisenberg
eXp Realty - Bellingham, WA
Bellingham Real Estate Guy

Hi Nicole, when is the class being held. hope you have a Happy New Year

Jan 01, 2011 09:00 AM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I am happy that the both of you find a niche to work together on a daily basis. True success story. I teach my nine year old about real estate. He loves it.

Jan 08, 2011 12:08 AM