There are now 850 Small Brokers in the Minneapolis Board.  With our current market, or in any market for that matter, it is essential that brokers work together.  Isn't it always the case that through mutual efforts and values things usually turn out better than if your were slugging it out on your own?  Take for example two fine REALTORS that took a moment to stop and ask, "What can we do to help our fellow broker?" 

Michael Lynch of EXIT Innovation Realty in Highland Park and Julie Olson of EXIT Lakes Realty in Wayzata , known as advocates for small brokers within the Twin Cities Metro area and at the Minneapolis Board of REALTORS, met informally with other EXIT Brokers for brainstorming sessions in regards to developing resources and brokerage building ideas within their own company.  They decided to offer the same opportunity to other brokerages and approached the Minneapolis Board of REALTORS to implement a formal program available to support all small brokers in the area.

The Minneapolis Board of REALTORS was very enthusiastic. Six sessions scheduled over the course of  6 months gave Michael and Julie to opportunity to achieve their two-fold purpose: they wanted to address the needs and member requests for Broker Support and to develop a future Broker Training Course.  They donated WORKSHOP 301 Course - Building A Brokerage for the foundation for Broker Training for the group to fine tune and ultimately get approval for continuing education.

For the first session, invitations were personally extended to the small brokers in the area and the room was full and quite lively. "It was a beautiful sight to see: 50 competitors, who typically will only interact with one another in the course of a dispute, exchanging business cards, ideas and making plans to get together" was Michaels take on the morning.

The philosophy is simple: successful, supported and educated brokers will attract successful agents which will strengthen our industry and increase professionalism in the market.  It was evident that everyone in the room had the same thought: "there is enough business for everyone, you can never have too many friends and if one entrepreneur fails its bad for everybody, so what can we do to help?"

Sessions range from a discussion of 11 Brokerage Models and Revenue Centers to lead generation, driving sales and profitability, recruiting, retention, agent loyalty, sales meetings, training, and free Broker resources.

"We were also happy that the St. Paul Board of Realtors has decided to support this program" explained Julie.  "Michael and I will duplicate the program and facilitate these sessions which began in July with St. Paul's Broker/Members."

How great is is that once a month the small brokers get together to learn from each other and fill their gas tanks so to speak!  After all, who is going to look out for them when they are looking out for everyone else?   To find out more about EXIT Realty or the Small Broker Support Network contact Julie Olson at 952-697-5888 or Michael Lynch at 651-698-5025.

 

6 Comments on The Need for Cooperation!

SEP
28
2007
321,031 Points 40 Featured Posts Outside Blog

Alan--Great first post and welcome to Active Rain! There are a few other Minnesota Exit Realty bloggers out here as well....though I myself am from KW. I think you make an excellent point regarding brokers cooperating and am glad to hear that you found my association SPAAR to be supportive of your endeavor as well. Again, welcome to the rain!!

1:21pm • #1

Hi Alan - Welcome to Active Rain. I really enjoy it here and I think you will, too!

I look forward to readng more about you, your office, your market, etc...

See you in the blogosphere!

Carol

2:00pm • #2
1 Featured Post

Hi Alan,

Welcome to ActiveRain. :)  

I'm glad you joined. 

Good post!  I think the term for what you're describing is "co-opetition."  The more, the better - for all of us!

Best,

Christina

6:02pm • #3

Alan,

Welcome to AR... this is a great venue to learn, network, vent and of course make folks aware of what we are doing as professionals...

Our office has been with AR for quite some time... nice platform for the internet savvy... Looking forward to seeing you guys at the convention in a few weeks.

 

 

Frank D'Angelo Broker SRS

EXIT REALTY EXECUTIVES

9:42pm • #4

PS

WE'RE HOPING TO GET IMMEDIATE DETAILS ABOUT TAMI BONNEL'S ARRIVAL, VENUE ETC...

WAITING TO NOTIFY EVERYONE ASAP....

9:46pm • #5
SEP
29
2007
126,118 Points 5 Featured Posts Localism Sponsor Outside Blog
Alan, it's fabulous to see you here on Active Rain!  I think it's a natural fit for Exit Realty people.  I'm looking forward to working with you and exchanging ideas!
12:18am • #6

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Alan Dirks, EXIT REALTY Regional Owner EXIT Realty Minnesota & Wisconsin

Wayzata, MN

More about me…

Real Estate Brokerage Building & Career Specialist

Office Phone: (952) 697-5859

Cell Phone: (612) 281-2243

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