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Solo Practice? by Bill Roberts

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Services for Real Estate Pros with Brooks and Dunphy Real Estate DRE 00527512

Solo Practice?

When I was a kid we had a family doctor. He had his office in a small

house. I don't know if he lived there or what.

He "delivered" me and took out my tonsils. We went to him for

everything.

Now, I have a family doctor whose practice is in a large "clinic"

building next to a hospital. When I need a specialist, there is one "right

there" and if I need lab work or imaging, it is all available on-site.

BTW, this is a PPO, not an HMO.

I couldn't imagine going back to a doctor in an office that is off all by

itself. I like the comprehensive approach to medicine. It makes my life

easier, and it makes me "feel" good about my doctor.

What abouit Real Estate?

Now, there are many real estate agents that work out of their homes. I

equate them to my first doctor. If they need (or I need) a specialist, I

need to look elsewhere. What a hassle.

My choice for the real estate office of the future is a one-stop shop

where everything I may need is under one roof.

Convenience for the client is the test, not what the agent wants. The

solo practitioner may "feel" like they are independent and don't "need"

anybody else, but the client doesn't see it that way. They have more

needs. Maybe they want to buy an investment property, maybe they

want to build a vacation home. Maybe they need property

management, maybe they need insurance, maybe they need retirement

advice, maybe they want the escrow office to be close-at-hand, maybe

they need tax services.

All of these "maybes" don't contribute to your idea about what you do,

but they do contribute to your clients needs and comfort level.

Being part of a supermarket of financial services can  make your client

very comfortable, just like I am at the clinic where my doctor has his

practice.

Lesson learned?

 

Posted by

Please comment. All comments are greatly appreciated.

Bill Roberts

 

View William (Bill) Roberts's profile on LinkedIn

Comments(104)

Roy Kelley
Retired - Gaithersburg, MD

I hope you are enjoying an outstanding week. We are still recovering from the blizzard in our area.

Jan 26, 2016 10:25 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

Your post is getting great traction.

Good luck and success.

Lou Ludwig

Jan 27, 2016 10:51 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Hi Bill - you've provided food for thought. We recently joined a larger operation - it remains to be seen as to how that impacts our bottom line. I do think you've brought up some great points though. 

Jan 28, 2016 02:12 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

hi Debb Janes EcoBroker and Bernie Stea JD The real issue is how does it impact your clients. I think you will be pleasantly surprised.

Bill Roberts

Jan 28, 2016 02:45 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

Have a great Friday.

Good luck and success.

Lou Ludwig

Jan 28, 2016 12:35 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Well Lou Ludwig You guessed wrong, he didn't show.

Personally, I think Fox needs to fire Megyn Kelly.

Bill Roberts

Jan 28, 2016 10:18 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

"Personally, I think Fox needs to fire Megyn Kelly."  Agreed!

Jan 29, 2016 11:35 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Thanks for the vote Tony Tony and Suzanne Marriott, Associate Brokers 

Bill Roberts

Jan 30, 2016 11:07 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I really do get your point. I have a broker/owner that is always recruiting me. She doesn't have an office. She works out of her house. I really don't want prospective buyers and sellers coming to my office. I don't think it's professional, and I think you should have a professional place to meet them.

I have an office where I can meet clients. I like it that way. In the future I can see having many services in one location. For now that's not the way things are done around here, but time has a way of changing things. 

Feb 01, 2016 07:23 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

As i sit and watch some Iowa Caucas broadcasts i was thinking what you were thinking regarding what the best outcome would be Bill Roberts . The circus arrives here for the week in NH starting Tuesday. 

Feb 01, 2016 08:22 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

Your working on getting 100 comment's on your post . . . . 

Good luck and success.

Lou Ludwig

Feb 01, 2016 11:37 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Well Debbie Laity Hang in there, things have a way of working themselves out.

Bill Roberts

Feb 01, 2016 11:39 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Well Scott Godzyk Enjoy it, but we have a long way to go.

Bill Roberts

Feb 01, 2016 11:40 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

And Lou Ludwig You're doing your best to get me there.

Thank you.

Bill Roberts

Feb 01, 2016 11:42 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

The comments keep coming . . . . congratulation on an outstanding post.

Good luck and success.

Lou Ludwig

Feb 07, 2016 11:08 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Here's the #100 comment for this blog - very deserving!  I have a few that made this count - but not many!

Feb 07, 2016 11:53 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Well Lou Ludwig and Tony and Suzanne Marriott, Associate Brokers You guys pushed this one over the top. Thank you.

Bill Roberts

Feb 07, 2016 10:29 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

"Convenience for the client is the test, not what the agent wants. The

solo practitioner may "feel" like they are independent and don't "need"

anybody else, but the client doesn't see it that way."  Agreed Bill Roberts .  Re-blogging!

Feb 07, 2016 11:17 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Bill,

There is a newish real estate company attempting to do that in one super luxury building.  It is not a new idea by any means as most large box companies are doing it already.  However, some folks do not trust that a company that has all these service available under one roof is not finding a way to profit from all the services under one roof concept.  

Like everyone else, we love convenience and ease of finding what we need in one location,  In medicine this is applicable, in real estate I don't think the public is willing to trust that model totally.  

Thanks to Tony and Suzanne Marriott, Associate Brokers for highlighting your post, and I think it is excellent and great food for thought.  A

Feb 08, 2016 12:42 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Hi Alexandra, We'll see how it goes, but the client is the number one concern, not what the agent wants.

Thank you for commenting.

Bill Roberts

Feb 08, 2016 09:36 PM