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Hey agents... What is the ideal office space and environment for my new office?

By
Real Estate Agent with Turning Point Real Estate Inc.

I need help getting out of Indecisionland!!!  I have a small brokerage firm fluctuating between 6 -15 agents and wanting to grow.  I am struggling on picking the right office space.  I want something big enough to grow into but not too big I can't handle the payments.  Especially in this economy!  I want to know what is important to you in an office space or what you wish you had that you don't now.  Did your space factor into your decision to go with your firm?

I am slightly confused because the trends seem to show agents are home officing more than ever.  However, they want a nice place to come to work when they do come in.  So.... what is important to you?  Are the days of sub-leasing an office from your Broker over or is there still a demand for an individual office? I know my wife won't let me office out of my home so that's out! (Whimp!)

We want to start having a greater luxury home market presence and attracting those agents as well.  I want a classy and contemporary office that is state of the art but not stuffy.  I have considered retail space for walk-in traffic and branding purposes, and I have thought of class A office space without the signage but more flexibility and elbow room.  Office space being more the way I am leaning.

Does a showing service help or hurt compared to a live receptionist?  What kind of techologies are a must for you that you feel your brokerage should provide.

Agent opinions are really what will bring these thoughts to a quicker reality for me.  Pleasing my agents is so important to me, but I know it is not possible to please them all.  I just want to hit most of the points and not have to make a double move within 3 years because we outgrew it.

You can't grow an Oak tree in a flower pot, I know.  But, how do you take that financial jump into the unknown without certain assurances???? 

Thanks for your suggestions!

Darren Turnbeaugh, CRS

 

 

 

 

Show All Comments Sort:
Karl Nettgen
Century 21 Agate Realty - Gold Beach, OR

I would stay lean and mean focusing on a location with good traffic and exposure....If you continue to grow I would then suggest a branch office in another key location with an office manager paid additional off of production. All bookkeeping should be done and saved in the main office. This provides better flexability, presence and exposure.  Cover both sides of own, set up a production contest between offices etc.

Jul 27, 2008 06:56 AM
Susan Emo
Kingston, ON
Kingston and the 1000 Islands Area

Darren -  I joined our Brokerage because of the building and location.  We are housed in a gorgeous old stone century home that commands its space.  My broker created offices on the main level with a live receptionist and receiving area, board room, and bull pen.  The upstairs offices were rented out to an accountant and to a lawyer.  This paid the bills while the brokerage grew.  4 of us are now occupying the upstairs offices and the lawyer and accountant moved on.  

We all have home offices too, but love the ability to recieve clients in the business environment that shouts prestiege and professionalism.  We are the upmarket home specialists because of this, to some extent.

Jul 27, 2008 06:58 AM
Darren Turnbeaugh
Turning Point Real Estate Inc. - Centennial, CO

Thanks so much Karl and Susan... those are very helpful suggestions.

Jul 27, 2008 07:43 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 

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