Get Rid of the Shiny and Expensive Real Estate Office!

Stephen Atcheler
Stephen Atcheler

Author

Times have changed and are continuing to move fast. It is proving more costly to run a business and more advantages to lower your commitment. By commitment, I mean being tied in with stuff like leases on cars, printers, phones, and the biggest expense of all – your real estate office. Find out how you can operate without one and achieve the same outcome.

In this article, we will talk about getting rid of it, but still achieving the same outcome. One of the big things an office is useful for is when it is team meeting time. This is probably the biggest wasted space in most offices, as it would only get used a few times a week. 

If you have no office, where do you hold meetings? 

The answer is simple. You rent a boardroom or use a place that has a large common space that accommodates your team. We had around 10-12 people usually, in our sales department, and we definitely did not have a real estate office. I think renting office space for short-term will really become more common, moving forward.

The other alternative that’s is proving to be the only way, in some cases, is to run the meeting online using a platform like ZOOM. Zoom meetings are becoming more and more common for team meetings.

Zoom Meeting ShoreAgents
ZOOM Meeting

How do you manage staff when you cannot see them?

The tricky part is monitoring productivity. I think you need to firstly have the confidence that you have the right team and then you will see the workload getting completed.  Do monitor workload and track tasks. There are many tools out there to help you do so.

There are so many other ways you can run a business without owning an office. I am not on the ground, running a real estate business anymore, so I would love to hear from you guys about how you are adapting to all these new changes.

Are you considering giving up your office space?

About the Author

Meet Stephen Atcheler, the Managing Director of a Real Estate Virtual Assistant Company. Stephen has been working in the industry since 2013 and has a wealth of experience in making outsourcing work for real estate businesses. He fell in love with real estate at a young age and has been working in the field since 2005. Stephen's passion for real estate and helping other business owners thrive led him to start his own real estate business in 2012, and eventually, to establish a real estate virtual assistant company to take it to the next level. Stephen's wealth of experience and knowledge in real estate and outsourcing make him the perfect person to guide you in setting up your own virtual assistant team. Feel free to reach out to him on Facebook, LinkedIn, Twitter, or Instagram.

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