Mitch's Blog

Hi Everyone!  Thanks for taking the time to read my blog.  I'm sure you will find some interesting tips that can help your business prosper. 

As a member of The eHomes Realty Network, I will help you every step of the way to realize your dreams of success in Real Estate.  If your business isn't where you want it to be, take a few minutes and call me. 

Sometimes this business can be very lonely with everyone competing against you.  Think of me as your friend in the business who you can bounce ideas off, ask my opinion about marketing concepts, help you understand the Internet with regards to Real Estate and even your dating questions (I used to own a dating service and dating advice show on 45 radio stations!). 

My goal is to help you fulfill your goals!

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To Grow or Not to Grow - That is your biggest question?
0 new message(s) Last Visit: 03/11/2010 07:43
Mitch Ribak
Guest User
11/24/2008 11:05 PM
So let's talk about where you are now and where you want to be. Hopefully you have been reading what I teach and have written a business plan for your future. I'm a huge fan of writing down your vision for your future. If you come into my office, you will see right above my file holders on my wall three different visions. I have three companies, Tropical Realty of Suntree, The eHomes Realty Network and 100MPH Marketing. All of these have their own vision and their own plan. You see, I'm always into growing and that is always in my plan. I hate to be stationary in my business world.

So how do you go about growing? Well if you are following our 100MPH Marketing system it really becomes very easy. Once you have been able to master the system, and have learned that with just 1 or 2 leads per day, you can be successful in this business. So the easiest way to grow is to start a team. For example if you are generating 10 leads per day with your marketing efforts, then you are in need of 4 or 5 Agents to work these leads. I highly recommend that you limit lead flow to no more than 2 leads per day. Of course if once in a while they receive 3 or 4, the world won't collapse. However, to receive your best lead conversion rate, keep it a lean mean fighting machine.

Starting a team can be very scary, especially if you haven't run a business before. The key is to do it right from the beginning. That's where I come in. Part of your membership of The eHomes Realty Network offers you the consulting you need to help build your team. One of the hardest parts of starting a team is hiring the right Agents. In this market you will find lots of Agents who are looking for a system like ours. Let's face it, most Agents receive no training from their Brokers or franchises. Even if they do get training, it doesn't always work and it doesn't have anything to do with what we do. I'm a big believer in finding Agents that have been in the business for about 6 months but have yet to find success. They are usually hungry and willing to do whatever it takes to be successful. Those are my favorite Agents but far and few between.

How do you know if you are ready to start a team? Well in my opinion if you are selling enough homes that you can't sell anymore, have an abundance of leads and have a desire, work ethic and funds available to build a team...then go for it! Once you start building your team, it would be smart to make your first hire an assistant. This person will help you grow your team and be your right hand person. A good assistant is invaluable.

Before you start your team I think it's important to read eMyth by Michael Gerber. If you are planning on running your own business (a team is your own business) then it's important that you start correctly and set up your business correctly. Michael Gerbers book is exceptional!

As always, if you have any questions about this, that's what I'm here for. My goal is your growth and your success. That's the purpose of The eHomes Realty Network and it's my purpose as the founder and coach. I won't be satisfied until you are all successful!

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