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8 Comments on Co-Branding vs. Multi-Licensing
Wow- I would have forecast a ton of comments on this one!
There is nothing wrong with having more than 1 licence and offering more than 1 service AS LONG AS you do not force Clients to use you for everything!
Jason, I just saw this. VERY CREATIVE, and good explanation of the two. I will be watching to see who wins, or maybe it will be a draw and the winner will be by knock-out.
OK, here's at least some comment. I think that co-branding isn't much different than creating a good referral relationship. I have attorneys who send me business, and likewise I send it to them. I personally feel that multi-licensing creates an opportunity to take advantage of trust in one relationship, and abuse it in the other.
I was shocked to learn that this is common in states like Texas. In MA where I live and do most of my business, it is actually against the law to be a part time originator.
Bob - you have been busy reading some of my posts. Thank you for taking the time. I do agree that in ways a multi-licensed company preys on the trust of the client. After all, if we are all to watch out for the client from what the others are doing, who is really watching out for the client if everyone is the same person/company.
I appreciate the fact that you've got something to say in your posts. I've seen alot of regurgitated material from other posters.
I think that mutli-licensing is nearly a conflict of interest, and so I avoid it. Also, since I choose not to sell real estate, it is an easy position for me to take.