From RealSource... Glenn's Blog

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Breaking New Ground...

Breaking new ground in any market is always interesting.  Breaking new ground in real estate may be even more interesting.  Providing services in a new way has become an interesting human behaviour study.

It has been said that "knowing prevents learning."   That is, if we "know" how something is done, we can be challenged to think of the process in a new light.  If you know how to tie your shoes, learning a new way can be tough, even if someone came up with a great new way.

Our coordination and managment of support services for a multitude of Realtors, lenders and developers is such a new approach, there was no technology to support the work properly.  So, we built our own technology.  And that turned out to be a great thing!

Granted, there is technology to help individual realtors and lenders track their specific deals (and perhaps expose those documents to the clients and other applicable parties).  But nothing to match our unique process of matching many deals with many parties and make sure nothing falls through the cracks. 

We not only can track services, we can be proactive.  We also can score every task and every service for quality.   Is one title insurer better at turn-around times for out-of-county work?  Is another very fast but prone to errors?  Is yet another very accurate but a bit more expensive?  We know that.  And we use it to help the service providers improve their business while matching the best providers to the deal (since each deal can be very different).

How effective is using our service?  One realtor sold 38 houses in central Alabama in 14 months and almost all were someone else's listings!   How?   Once she got a signed contract, she let RealSource handle the contract-to-close work while she got back out selling.  

It is going to be interesting to watch as the company expands into new areas of the country!

 

7 commentsGlenn Phillips • June 27 2008 04:40PM

Comments

Breaking new ground, is always inviting, exciting and a nervous experience...all rolled up into a new ball.

Much luck and success. Thank you for your posts.

Bill

Posted by Bill C. Merrell, Ph.D. (Merrell Institute ~ Appraisal Education Network) about 1 year ago

Welcome to Active Rain!  This is a great site - you'll learn as much as you share (or if you're like me, you'll learn much more).  Check out some blogs and join some groups - you'll be hooked in no time!

If you ever need assistance in the Greenville SC area let me know!

Posted by Scott Magaw (The Bill Kennedy Team - Keller Williams Realty) about 1 year ago

Welcome to AR happy blogging! Great site careful this is very very addicting!

Posted by ERA Regency Realtors about 1 year ago

Hi, welcome to Active Rain! I hope to see more of your blogs in the future. Learn from others, share your knowledge and experiences and enjoy yourself! Take care! ---Kirk.

Posted by Kirk Westervelt, CDPE-Avoid Foreclosure! Home for Sale-Greenville,Simpsonville,SC (Keller Williams - Greenville, SC Realtor -Short Sale Expert!) about 1 year ago

Welcome to Active Rain. I hope you will enjoy it and learn from it as much as I do. Happy Blogging.

Posted by Crystal Corr (Keller Williams Greenville Central) about 1 year ago

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!

My main blog on Active Rain is here: Charlottesville Real Estate Blog, not the link at the bottom of this post. 

I hope you will look into the many groups as there are some great group both local and broad based,.... 

enjoy!

Posted by Rick Sergison - Durham Region Real Estate Blog (Keller Williams Real Estate Associates in the Toronto Area) about 1 year ago

Thanks all for the Welcome!!   Glenn

Posted by Glenn Phillips (RealSource) about 1 year ago

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