A recent story in the latest edition of the Realtor magazine had an interesting story about Ronald Stewart, broker-owner of 1st Choice Real Estate in New Hartford, New York. Stewart is pioneering an emerging New dynamic in which forward thinking Real Estate Brokers are making office space in their brokerages not only inviting place to meet & greet but also resource "hot spots" for their communities!
It makes so much sense. Real Estate purchases impact affect everything! They channel new business into area stores and businesses. A home sale impact the schools and places of worship. Why not invite the community to meet at your place instead of somewhere else? After all, with more agents working at home, many brokers have vacant office space which can be rented out to other businesses or re-modelled and used in a different way.
For 1st Choice Real Estate this has included creating an office cafe bar where patrons can nibble on freshly baked doughnuts or cookies, a Kids Play Corner with games and hand-me-down Nintendo video games and an area in which adults can relax in plush living room like chairs while accessing area information.
With the age of the Internet, many Brokers are skimping when it comes to creating inviting spaces for clients to meet. Stewart thinks this may be a mistake. I agree. According to Stewart, "Expecting Internet traffic alone to drive sales ignores a huge opportunity for differentiating your business...People want personal touches."
This year, Audu Real Estate moved into a new office space. The single most frequent comment we hear when clients and visitors enter our office is..."This is really nice." The office is decorated with a contemporary style nautical theme. Relaxing classical music plays softly in the background. Clients are served tea or coffee from real china, not Styrofoam cups. They have their choice of flavors of hot or cold drinks. The office is wired for Internet access throughout so agents can meet with their clients in a variety of different areas.
Since we posted it, this video of our office has received more hits than any of our other real estate shows. Agents, clients and visitors are always Welcome to stop by and pick up a cup of coffee or treat themselves to the popular cluster of mints which are enjoyed by those using the conference room!
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Lola Audu, is the Designated Broker & Owner of Audu Real Estate. Our company specializes in helping people buy and sell homes in the greater Grand Rapids, West Michigan area. We've had the privilege of helping hundreds of clients succeed in their goals of purchasing and selling property including demonstrated success in the negotiation of Short Sale Transactions. You can contact us via e-mail @ info@auduhomes.com or by phone at 616-791-0511.

Hi Sherry, Are you referring to agents working out of home offices or wireless connections which allow meetings in multiple locations?
Lola, Since I am thinking about how I'm going to operate this coming year, I really appreciate this post. It is a good idea.
Bill Roberts
Lola,
Congratulations on your beautiful new office! Things look wonderful, your accessories are a nice touch, inviting yet professional.
I read the same article you referred to in the magazine. Four years ago I moved my office (after 15 years in the same spot) to a new location in my city. I also made some positive changes, yet I would do some things differently today, four years later. Cluster spaces for agents for example, as opposed to larger individual areas. Most spend very little time in the office, they do work from home.
We have a welcome board in our lobby area that welcomes those scheduled, also small signs that announce what drinks are available, in addition to a few other small touches.
Hi Lola,
I love how inviting your office space is, yet very professional at the same time. :)
Great looking office, hope this concept works out well for you and those in your office
Lola,
You are definitely thinking outside of the box. In this interesting time in real estate, we definitely need to be creative. You're on the right track!
Wishing You HAPPY HOLIDAYS and Best Wishes for A GREAT YEAR 2008.
Tommy New York Certified Home Inspector Long Island NY Nassau/Suffolk/Queens Home Inspections
Wow, Lola! Wow! :)
Congratulations on your beautiful new offices. That is one serious accomplishment! I'll have to come up one of these days and visit!
Lola
I loved your blog. We had the same vision for the Mission Grove Realty office in Hemet. We continually get comments that we have the nicest office in the area. We too added wireless and a wonderfully warm envionment where clients enjoy visiting and agents love to work.
Well done
Graham Holmes
Suzanne, Appreciate your compliment. We love our office too. :)
Thanks Michael.
Julie, I agree. We often LIMIT staging to homes...It can do wonders for office space too.
Appreciate your comment Marla
Happy Holidays to You as well Tommy.
Thanks Missy. Best Wishes and Success to you and your Team in 2008!
Absolutely Patricia...and with a great location like the one you have in DC it might be worth exploring.
Hey Carol, You know you're Welcome ANYtime. Thanks for the compliment. :)
Appreciate your comment Lisa.
Thanks for stopping by Bob & Carolin.
Dave, that's a great goal. It's not about buying expensive things...it's about thinking differently about the kind of atmosphere you want to create in your office. Best Wishes for Great Success in 2008!
Love the office video, Lola. What a great idea to post it on your company's site!
My broker was just talking about the same article you referred to, and she wants to do something like this as well, by expanding our current office space. I am going to forward her your post. Thanks!
Our office is a bit of a mix - formal entry and waiting area, yet there is a cafe area and a fully finished basement that can be used for meetings and gatherings.
Lola,
I think that is a great idea. Not so unusual though. I do think that many companies offer their space for community endeavors. At least, we do in Hilton Head.
Lola -
Often, we ignore obvious things in our business. In our rush to out-high-tech the other guys, we have to remember that people make their ultimate decision on who to work with based on a FEELING - of confidence, of competence, of comfort.
This is a fantastic concept - it compels the public to think of your company as a RESOURCE to the community, not simply just another real estate office.
If you're in Chicago, drop over anytime. Would love to talk with you further on this.
Happy New Year!
DEAN & DEAN'S TEAM CHICAGO
Very interesting post. It's nice having an comfortable and interesting office. I work for a company that puts emphasis on the office - how it looks and feels - we are lucky that our companies invest some thought and expense in our offices.
Thank you Graham, It's nice to see other offices across the country embracing some of the concepts Stewart refers to.
Great Marlene! I know that your clients will appreciate these types of changes.
Absolutely Ki. Thanks for stopping by.
Kris, sounds like a winning combination.
Diane, That's great. It's not the norm over here. But even creating a more inviting space just for clients is a WIN too.
Peter, it sounds like your broker totally understands these concepts and is utilizing them effectively Your office must be a very pleasant place to work. Thanks for sharing what you are doing in your area.
Michael, Thank You. Our resources are vast...we offer people more than simply a place to write up a contract. We offer support, counsel, genuine concern, attention to the details, feed-back, follow-up, follow through and intelligent solutions. This Value goes far beyond the physical qualities in an office.
Emily, Thanks for stopping by to read and comment.
Robert, You're right...a friendly, inviting setting can make a big difference.
Al, You're right. Thanks for stopping by to read and comment.
Ryan...sounds like my type of place. :)
Debbie...Great! Best Wishes for a Success-Filled 2008 as you move towards fulfilling your dreams.
Paul, Brokers are dealing with pressures due to the increased cost of doing business and sometimes less revenue. These are real financial constraints. However, what I found most intriguing about Stewarts' approach was that it does not necessarily require a huge investment of capital.
Inviting area business to utilize unused space for their meetings or for after hour events will certainly generate goodwill and contacts and perhaps even some business. Redecorating with paint, carpet and nice pictures does not necessarily need to cost a fortune. But, if people feel more comfortable, the investment will pay dividends over time. Thanks for stopping by to share your insights.
I think its a great idea to turn the office into a cafe. I considered when I would need to take space to grow my team, I would look first to purchase an older home zoned commercial. My parent brokerage tried this and it hasn't worked well only because we've been open for a year and have run out of space with close to 80 agents working from 3,000 sq. ft. We've done things to make it seem more inviting like decorating it for Christmas and hosting events like kids day mini carinvals in the spring.
My only concern is losing the balance of creating a homey environment and spending money that could go back to the agents in a profit sharing program.
Lovely, just lovely. I think it is warm and inviting for both agents and clients! A home run!