Jarred from my nest, so now I must FLY!

By
Real Estate Broker/Owner with Riverbend Realty, Cape Girardeau, MO 2004008944

The nest-shaking started with a text message from a co-worker at 12:13 pm on Jan. 20. About three minutes' worth of texting back and forth, and the picture was pretty clear. Our office was closing March 1, and all of the agents were being transferred to the office across town, which was owned by the same corporation. It was a purely financial decision, we were assured. There was no need to have two branches of the same franchise, owned by the same corporation, in our town. So start packing and move on over to the other building.

Riverbend Realty, Cape Girardeau, MO

It didn't quite work out that way. Most of the agents scattered to competing companies within two weeks, For those of us who had not yet moved, it was like living in the middle of a vortex that was sucking people out of the doors while we watched. My plan was to stay on until the promised close date of March 1, but it soon became obvious that it was going to be a shell of an office long before that. Ironically, the two top-producing teams (my team and one led by the agent right across the hall from me) were the last to leave.

Our office culture had been shattered, and it was obvious that too few of us were moving to the "other office" to have any semblence of our old community.

I picked up my license on Feb. 14 (exactly one week before the locks were officially changed). Before the end of the day, my husband and I traveled the 240 miles to the state capitol to register my company. Riverbend Realty became official that day. It has been a whirlwind of change for me, but all in a good way--not the sucking vortex kind of wind.

From designing a logo to forming a corporation, getting checking accounts set up, insurance policies in place, licenses of all sorts filed, vendor applications filled out, domain names and DBAs reserved, and a phone and internet system installed, I feel like I've made critical decisions back-to-back. At first, we didn't even have appropriate furniture; and we were living out of boxes. Now we sort of have desks and even filing cabinets, but many of the boxes are only half unpacked. Finally, the phones, the fax, and the internet all work. My listings all have signs in the yards, and my first newspaper ad appears this Sunday.

Please, don't anybody tell me it's a bad time to open a new company! It's a perfect time! Now, if I can just get the website up and running, and taxes sorted out, and the accounting software set up, and, and, and ....

Oh well, now you know why I haven't been in The Rain much lately!

Posted by

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If you are looking for a foreclosure in Cape Girardeau, Perry, N. Scott, or Bollinger counties, I am the region's most experienced REO agent. As the area's ONLY Fannie Mae direct listing agent, I list more foreclosure properties than any other agent in this MLS. I am among the few local agents approved to both list and sell HUD properties. Give me a call if you are looking for help with the purchase of a foreclosure property.

______________________________________________________

http://www.homepath.com/  for Fannie Mae properties

http://www.homesteps.com/  for Freddie Mac properties

http://www.hudhomestore.com/ for HUD properties (foreclosures that were FHA financed)

____________________________________________________________________________________________

If you want up-to-the-minute real estate information, the only way to get it is to have an agent set you up on auto-notify with immediate delivery. Your listing information will come directly from MLS only when it comes from an MLS member. You willl not have to wait for the information to roll to those other websites, and you will not have to check multiple sources. It's free, so why not give me a chance to help you in your search?


NO OTHER SOURCE is as complete or as fast as your local REALTOR®’s source. This is not just an advertisement for REALTORS®--it is information about how the system really works.

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Jordon Wheeler 03/23/2012 05:09 PM
Topic:
ActiveRain Community
Location:
Missouri Cape Girardeau County
Groups:
Almost Anything Goes
Dedicated Bloggers
"Whacked"!!!
LATE NIGHT - EARLY MORNING AT ACTIVERAIN
Bananatude
Tags:
real estate in cape girardeau mo
starting a new real estate company
riverbend realty
ive fallen but i did get up

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Rainmaker
1,238,846
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Kudos to you Liz.....you are right - the sudden change was "shattering"; however, out of the chaos comes the birth of your new firm.  Congratulations and good for you!

Mar 23, 2012 05:04 PM #1
Rainmaker
565,466
Jordon Wheeler
The Jordon Wheeler Group - Fairburn, GA
J W Group Real Estate Sales and Service

Hi Liz,

I was right there with you when I first opened my own firm in November of 2009 - at the height of all the market stuff.  My broker had collected the last commission check I earned with her and was never able to pay me my split of the check.  But I had clients and contracts and the desire to start my own firm.

Best of success to you this year!

Mar 23, 2012 05:05 PM #2
Rainmaker
304,109
Liz Lockhart
Riverbend Realty, Cape Girardeau, MO - Cape Girardeau, MO
GRI, Cape Girardeau Real Estate

Wallace~ Thank you so much! Come to think of it, birthing almost always is a pretty chaotic process.

Mar 23, 2012 05:06 PM #3
Rainmaker
304,109
Liz Lockhart
Riverbend Realty, Cape Girardeau, MO - Cape Girardeau, MO
GRI, Cape Girardeau Real Estate

Jordan~ My last contract with the former company closed in escrow on Friday. It was a HUD listing with a protracted, complicated closing. Thank you so much for your good wishes. You are proof that IT CAN BE DONE during every market phase.

Mar 23, 2012 05:12 PM #4
Rainer
448,322
Barbara Tattersall
Keller Williams Realty Metropolitan (Keene,NH) - Keene, NH
GRI

 You are living "one door closes and another one opens".   Congratulations and much success to you!

Mar 23, 2012 07:16 PM #5
Rainmaker
790,129
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS
Liz - congrats! While it may have been a "forced" decision, it was the universe telling you it was the right time. Good luck, and tell us how it pans out, I'm sure it will be fabulous!
Mar 23, 2012 09:05 PM #6
Ambassador
779,827
Doug Rogers
Bayou Properties - Alexandria, LA
Your Alexandria Louisiana Agent

Liz-I left the big franchise to start my own firm last year, folks said I was crazy. Zero regret thus far! Try to recruit that producer across the hall!!

Mar 24, 2012 12:42 AM #7
Rainmaker
304,109
Liz Lockhart
Riverbend Realty, Cape Girardeau, MO - Cape Girardeau, MO
GRI, Cape Girardeau Real Estate

Yes, Barbara, I think I am. Lest anyone believe, however, the path to that next door was obvious and free of hazard, I really must admit that there were many sleepless nights, tears, and earnest prayers. Throw in there the fact that I injured my shoulder while packing for the move and had to take a detour to an orthopedic doctor and a bit of physical therapy. My family members ended up doing all of the physical stuff for the move.

Mar 24, 2012 12:50 AM #8
Rainmaker
304,109
Liz Lockhart
Riverbend Realty, Cape Girardeau, MO - Cape Girardeau, MO
GRI, Cape Girardeau Real Estate

Carol~ I do believe it was time. I can always fold up my shop and hang my license with another company, if it doesn't pan out.

Mar 24, 2012 12:54 AM #9
Rainmaker
304,109
Liz Lockhart
Riverbend Realty, Cape Girardeau, MO - Cape Girardeau, MO
GRI, Cape Girardeau Real Estate

Doug~ I'm not in a position to recruit other agents, if they have office needs. That time may come, somewhere down the road. I am glad to hear that your start up company is doing well. Like you, I hope to be able to say a year from now that I have no regrets.

Mar 24, 2012 01:03 AM #10
Rainer
114,077
Leslie Godbold
WZGM AM1350 Independent Asheville Radio - Asheville, NC
Motivation Speaker, Radio host "Positively Living"

Liz, You will do wonderful. Sometimes we need a little nudge to step into where we need to be! Keep smiling and enjoy your new journey!

PS I am thankful to Jordon Wheeler for pointing me to your blog!

Mar 25, 2012 03:16 AM #11
Rainmaker
304,109
Liz Lockhart
Riverbend Realty, Cape Girardeau, MO - Cape Girardeau, MO
GRI, Cape Girardeau Real Estate

Leslie~I'm so glad you found me! It sure felt like a shove, instead of a nudge! ;-) Nevertheless, I am enjoying the journey now--not so much fun for the first few weeks.

 

Thanks, Jordon Wheeler, for sending Leslie to my blog.

 

Jun 02, 2012 05:59 AM #12
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Rainmaker
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Liz Lockhart

GRI, Cape Girardeau Real Estate
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