All Forum Posts by: Sterling Williams

All too often you hear how property management isn't profitable however, there are far too many successful companies out there for this common misconception to be true. I would like to bring together a meeting of the minds of property management and hear your stories of how you got your company off the ground and led it to be the success it is today.  Being that I am absolutely new to this industry, I would appreciate if you you guys could talk a little bit about the software you use, 3rd party vendors, as well as anything else you have outsourced in order to better streamline your company. Also, what products and services have you added in order to better serve your clients and make your company more profitable? Thanks!

 I did... Unfortunately there is a property management company in the local market with that name already. 

 lol... I think you've got a winner. 

Ok... How about freedom point Property Management? "Let this be the point in time we give you back your freedom" or something to that extent. 

Being that hindsight is always 20/20, I just wanted to hear from those who have opened a property management business and discuss the things that you've learned along the way. It would also be nice to hear from those of you who are Brokers or agents who decided to offer property management as an added service.  

 I really don't know of an effective way to split-test a business name. I would appreciate if you have any ideas.   

-Charlie 

You make some great points. I appreciate your insight!

Hello... I am in the process of trying to come up with a property management company name and need some critiquing. I'm thinking about Imbue Property Management (Imbue: to inspire or permeate with a feeling or quality). The second would be the family name Murdock Property Management. What do you guys think?

William, thank you for your response! Happy to hear about your success and I will surely be following. Any literature/research would be much appreciated. You can email me. Thank you!

Hi everyone, I am an absolute newbie when it comes to real estate. I chose to forgo my interests in real estate a couple of years ago and chose respiratory therapy and I am now burned out. I’m tired of working 12-13 hours a day for a hospital corporation and would much rather invest 12-18 hours into my own business. So I am now coming full circle and choosing my original interest in becoming a listing agent and property manager in San Antonio, while picking up 1 shift a week at the hospital.

I am about to enroll through SABOR for my real estate licensing course and thinking about hanging my license with a sponsoring broker such as Texas Sponsoring Broker or Your LLC Broker afterword. However, this is where my dilemma lies. I do not have mentor to show me the ropes on how to properly sell and manage properties or more importantly be the best advocate for my clients. Is there an independent path to educate oneself and still be successful?

Being a family man and a homeowner myself, I completely understand the importance of being as knowledgeable as possible when representing someone in the sale or rental of their home. Once I get my license, I really want to hit the ground running. It would be greatly appreciated if you guys/gals could give me some insight into the most independent, yet successful route that I should take when entering into the role of being a real estate listing agent/property manager. Thank you!