Tech Partners on Brokerage Strategic Planning Team
In the dynamic realm of real estate, the integration of technology plays an increasingly pivotal role in shaping strategic initiatives for brokerage firms.
1
08, 2024
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6
05, 2021
Is There Real Strategy in Your Strategic Planning? It May be Time for Another Tough Love Look Inside Your Organization
If you’ve done quality time in politics or at a publicly traded company, you know that strategic thinking is embedded into leadership roles and into the roles of those who support leadership. But the looming question is, how do some of them get it right and others get it terribly wrong? Let us also ask: is this process going deep enough within the institutional thinking of organized real estate?
9
09, 2020
Strategic Planning: MLSs Need to Think Bigger by Unshackling the Obvious
If the MLS truly wants to make the Market Work, services for Confidence, Connections, and Community must apply to a broader understanding of what defines the market, and how the MLS can serve the needs of brokers and agents who understand that the real estate market includes commercial, rental, and new home.
17
11, 2016
Strategic Planning – More Critical Than Ever Now!
Never before has our industry been moving more quickly. Industry initiatives like UpstreamRE, Broker Public Portal and AMP are coming are way. Consumers are looking for more and more transparency. Agents must learn how to use technologies effectively if they are going to survive working with Millenials. What is YOUR organization doing to adapt and adjust to the fundamental changes that are upon us? WAV Group conducts strategic planning sessions regularly for MLSs, Associations, Brokerages and Technology companies. There are five fundamental questions that every organization needs to ask itself today. What’s our organization’s TRUE value? If your organization was [...]
3
05, 2011
Strategic Planning
STRATEGY that shapes your future Strategic Planning Services The Difference is Action The WAV Group Agile Strategic Plan is a comprehensive strategic planning process which helps an organization uncover major opportunities to build and execute action plans to achieve major objectives. In order for a strategic plan to be effective, it needs to compare the organization relative to broader market trends observed from similar organizations within the real estate industry. WAV Group is the most integrated real estate consulting firm with the perspective to help organizations define their position in the [...]
13
03, 2009
How to Make Strategic Planning Really Work in Your MLS
The MLS industry is in an extremely tenuous position today, feeling pressures from 3rd party vendors, state associations, neighboring MLSs and declining membership. Like any business channel, multiple entities in the MLS world are competing for a finite number of customers and business space. To make things even more difficult, a percentage of MLS leadership changes from year to year with election of new officers and directors. MLS staff has to adjust to different leadership styles while often having to re-educate the new regime on where things stand. It can be a difficult scenario for staff and the elected leadership. How can an MLS establish continuity [...]
21
11, 2024
Broker Business Planning: Creating Your Ideal Customer Profile (ICP): A Path to Smarter Growth
Having a well-defined ICP helps agents work smarter, not harder.
5
12, 2023
RECRUITMENT SUCCESS: ANNUAL BUSINESS PLANNING WITH YOUR AGENTS
As we stand on the cusp of a new year, real estate agents across the United States are gearing up for the challenges and opportunities that the new year presents. This offers brokers a key opportunity for connection, mentorship and guidance in annual business planning exercises. Whether this is accomplished through group sessions, one-on-one mentorship, or virtual training and resources, assisting your agents with establishing obtainable goals and developing a measurable path for success plays a big part in your annual recruitment and retention efforts. I work with many brokerages each year in the development of strategic annual planning programs. Below are my tips, tricks and strategies for brokers looking to stand out from their peers and serve as true servant leaders.
29
11, 2023
Business Planning Workbook
Business Planning Workbook Empower Your Agents! Download these powerful resources that we suggest brokers present to their agents for annual business planning. Once again, you can offer these resources via group planning sessions (We’re a big fan of these!), one-on-one meetings, or via your online training / resource center (if applicable). Regardless of your approach, we recommend some sort of personal outreach and/or follow-up during the annual planning process, as well as a mid-year check-in to see how things are going. We work with many brokerages each year in the development of strategic annual planning programs. Contact us [...]
12
05, 2023
Strategic Failure
Preparing for a Strategic Planning session involves a process of gaining a holistic view of the organization. Understanding your customer’s perspective is always the primary driver that informs everything. But understanding of staff culture and capabilities; system strengths and limitations; financial conditions; and industry trends pave a path to developing a plan that works. At the end of the day, the board of directors and the management team agree to a group of initiatives that will make the business stronger, and the strategic plan is born. Some organizations in real estate take the plan and execute it flawlessly where others [...]
21
07, 2020
In a COVID-19 Environment, We All Need New Strategic Plans
A strategic plan is a persistent nudge reminding an organization who they are, what they stand for, what they have accomplished, what they want to accomplish and when, and how it all fits into their industry.
28
04, 2017
5 Steps to an Impactful and Effective Strategic Plan
by MARILYN WILSON on APRIL 28, 2017 We’ve all been involved in those strategic planning sessions where you get locked in a room, hold hands, sing Kumbaya, feel really excited for about 3 days and then everyone goes back to doing everything the same old way they did before the session. They are a total waste of time. I call those sessions “Forced Family Fun”. They give strategic planning a bad name. Let’s talk about a way to make the time and effort put into a strategic plan that will actually MAKE A DIFFERENCE for your organization. I’ve been facilitating [...]