Tim Shepard, "There is a Right Way to do Everything" (Destin Real Estate)

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Rainmaker
5,571,411
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

an office is as good as the agents who work there..... I'd select the nonfranchised office..... I've managed both and we had the strongest office with the mom and pop office...

May 19, 2016 05:08 AM
Ambassador
5,366,635
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I have always been independent, not sure how to be part of something else.

May 19, 2016 06:46 AM
Rainmaker
292,535
Jack Lewitz
Exit Strategy Realty - Evanston, IL

See my picture.. I have a smile on my face because I am Independent and able to make decisions about who, what, when, where, how, and why I want to work. Need I say more.

May 19, 2016 04:35 AM
Rainmaker
889,195
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I have my own brokerage and it is a 'Door Numero Uno'. I am not interested in the headaches that go with expansion, and in my area, a lot of mega-offices have shuttered, their top producers opened their own shops and are every bit as competitive with the 'names'.  My main objective was and is a great career and a full life of prosperity and autonomy. And I have it.

May 19, 2016 02:48 AM
Rainmaker
5,536,198
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Tim,

We have always been independent.  It really depends on you and what would make you happy.  A

May 19, 2016 02:39 AM
Rainmaker
26,088
Tim Shepard
Destin Real Estate - Destin, FL
"There is a Right Way to do Everything"

Thanks for the insightful comments everyone

May 20, 2016 03:51 AM
Rainmaker
916,373
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

It depends on the franchise options for me and a high ranking website means nothing if the agents don't work the leads

May 20, 2016 02:06 AM
Rainmaker
4,066,466
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I'm not sure your premise is correct but likely option 1.  

May 19, 2016 11:08 PM
Rainmaker
3,322,852
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Why do you have less of a chance for growth if not franchised? We have been independent for 30 years and give the franchises a run for their money every day without being chained to their costs and restrictions. 

May 19, 2016 10:53 PM
Rainmaker
883,427
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ
  1. 1. but less opportunity for growth
  2. opportunities for growth and attracting reps is much larger.

You need to know what you love and what loves you back.

Do you see yourself changing lives through the transformations of a heart centered business or do you see yourself delivering outcomes that are the result of an expertise based business?

Finally, what does your business plan say? Is your plan to  build an enterprise to sell then retire to something you REALLY want to do?

 

 

May 19, 2016 10:35 PM
Rainmaker
513,724
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

Independent where I can do what is best for my clients, myself and my family.  I've worked in corporate environments and there can be benefits, but I don't seem to need those these days. 

May 19, 2016 03:19 PM
Rainmaker
1,683,350
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Forget the Franchise!!!!

May 19, 2016 12:26 PM
Rainmaker
2,020,450
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I've always been a franchise guy . People complain about the royalty fees , but in most years I got that back via out of area agent referrals !

May 19, 2016 10:13 AM
Rainmaker
1,716,656
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

The private business that let's me make all the rules (except laws, of course).

 I think it depends on what kind of agents you want to attract as "reps".  New agents tend to gravitate to the franchises, thinking they are going to get better support and training.  Veteran agents seem to gravitate more to the agencies that offer them the most independence.  

May 19, 2016 09:31 AM
Ambassador
925,393
Mimi Foster
Falcon Property Solutions - Colorado Springs, CO
Voted Colorado Springs Best Realtor

Oh, having been part of both, there is NO CONTEST!!! Door Number One!!! Money, headaches, babysitting, corporate rules and regs . . . I do real estate because decades in corporate America made me want to be my own boss. 

May 19, 2016 08:47 AM
Rainmaker
1,457,327
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Tim Shepard I would remain independent with more opportunity for growth.

May 19, 2016 07:57 AM
Rainmaker
2,635,377
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Ran Right Realty makes its own path....

May 19, 2016 06:25 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't believe that having a well run private brokerage would limit the opportunity for growth.  And, that's what I would choose.

May 19, 2016 04:04 AM
Rainmaker
1,157,485
FN LN
Toronto, ON

It would depend upon the results of a comprehensive analysis of both options.

May 19, 2016 04:00 AM
Rainmaker
797,107
Liz Wallace
Century 21 Sherlock Homes - Rockville Centre, NY
Broker C21 Sherlock Homes, Rockville Centre, LI, N

I own a Century 21 office and I love the freedom of being independently owned and operated plus accessing technology I could never do on my own.

May 19, 2016 03:59 AM
Rainmaker
4,894,467
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

 I own my company under a franchise.    

May 22, 2016 11:28 PM
Rainmaker
4,167,365
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

An office is as good as the managing broker and his/her selection of affiliated agents. As to franchise or nonfranchise, choose carefully. One size does not fit all!

May 20, 2016 01:05 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

parked and reading

May 19, 2016 11:13 PM
Rainmaker
1,636,342
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

We did the former and we very pleased with the control we had over our business.

May 19, 2016 11:05 PM
Rainmaker
6,555,044
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

RE/MAX.

May 19, 2016 10:29 PM
Rainmaker
4,433,683
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have not thought of it. Probably a non franchise.

May 19, 2016 09:35 PM
Rainmaker
443,970
Dianne Goode
Raleigh Cary Realty - Raleigh, NC
Realtor/Broker

Either path has its plusses and minuses.  I know teams that have gone from franchise to independent, and from independent to franchise.  If going with a franchise, read the fine print.

May 19, 2016 09:06 PM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I do own my own and no, a big franchise isn't geting my money

May 19, 2016 02:33 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I would be a non-franchise company and boutique type business focus.

May 19, 2016 02:25 PM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Tim Shepard - I'd prefer the later. Why to reinvent the wheel when the systems are already in place?

May 19, 2016 02:10 PM
Ambassador
2,224,117
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I would open an independent office. 

May 19, 2016 02:00 PM
Ambassador
3,722,438
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Not sure that your assumptions are correct about opportunites to grow existing only with a franchise affiliation. 

May 19, 2016 01:38 PM
Rainmaker
1,988,128
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

not sure that the well branded private business is the one with less opportunity for growth - 

May 19, 2016 11:58 AM
Ambassador
2,069,957
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Nonfranchised... responsible for myself and accountable to myself.

May 19, 2016 09:58 AM
Rainmaker
3,614,580
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

I operated under an independent and the training was just not there.  Now I am with a firm that lets me still have that independence and I don't worry about training, E & O insurance, rent and so on

May 19, 2016 08:21 AM
Rainmaker
1,381,653
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Most people I know who have their own brokerage do it to get out of the corporate rules and regs.

May 19, 2016 08:20 AM
Rainmaker
1,231,599
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Opening my own company whether independent or franchise was never my goal.  So my answer is it depends on your personal goals.

May 19, 2016 07:09 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

The first one without question.

May 19, 2016 06:41 AM
Rainer
21,291
Grace Hanamoto
Intero Real Estate - Sunnyvale, CA
Quality, Knowledge, Professionalism, Experience

The former rather than the latter, but then again, I've owned businesses all of my life. I like it small and customizable.

May 19, 2016 06:07 AM
Ambassador
3,038,741
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

The first choice ... not interested in corporate bs or office drama.  

May 19, 2016 04:27 AM
Rainmaker
795,232
Susan Laxson CRS
Premier Sotheby's International Realty - Naples, FL
The Michelle Thomas Team

Door #1 - you are then responsible and reap the benefits of the work you put into it and without the rules and regulations of a company that might not have you as their #1 priority.

May 19, 2016 03:10 AM
Ambassador
2,806,628
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Tim - We chose Door #1 and have never regretted it. Building abig brokerage was never our goal - we just wanted a better environment to grow our own business.

May 19, 2016 02:48 AM