{"id":1713,"date":"2013-08-16T14:29:19","date_gmt":"2013-08-16T14:29:19","guid":{"rendered":"http:\/\/www.corcorancoaching.com\/blog\/?p=1713"},"modified":"2013-08-16T14:29:19","modified_gmt":"2013-08-16T14:29:19","slug":"rent-the-world","status":"publish","type":"post","link":"https:\/\/www.corcorancoaching.com\/blog\/rent-the-world\/","title":{"rendered":"Rent the World!"},"content":{"rendered":"<p>Property Management is the key!\u00a0 So many people do not want to work in property management.\u00a0 I have heard people say it is unglamorous, laborious, frustrating, un-gratifying, etc.\u00a0 I beg to differ!\u00a0 If property management is done correctly and the systems are put in place from day one, property management can be glamorous and your pride and joy.<\/p>\n<p>&nbsp;<\/p>\n<p>Through proper systems and vision, property management can zero-base an entire real estate company, or have it\u2019s own profit margins up to 70%.\u00a0 Either way, it is an attractive business model.<\/p>\n<p>&nbsp;<\/p>\n<p>It is also consistent income despite market fluctuations, and can make a wonderful retirement plan for any agent or real estate company that has long-term vision.<\/p>\n<p>&nbsp;<\/p>\n<p>Real Estate is a relationship business.\u00a0 So why are your not ramping up your relationship business?\u00a0 Property management can take that 3 month relationship and extend it out 20 years!\u00a0 That\u2019s a relationship!\u00a0 Think of the possibilities!<\/p>\n<p>&nbsp;<\/p>\n<p>Because of the length of the relationship, the risks do increase incrementally.\u00a0 If you are married for 20 years, you WILL have a disagreement at some point.\u00a0 Do not take things personally, have a servant\u2019s heart, know your Landlord\/Tenant Laws, and be ready with your forms.\u00a0 Oh\u2026and document everything!\u00a0 Just know the business, and you will have a business that you love!<\/p>\n<p>&nbsp;<\/p>\n<p><i>Wendy Harris is the Broker Owner of Team Harris Real Estate and a Business Consultant and Coach for Corcoran Consulting &amp; Coaching specializing in residential real estate and property management.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property Management is the key!\u00a0 So many people do not want to work in property management.\u00a0 I have heard people say it is unglamorous, laborious, frustrating, un-gratifying, etc.\u00a0 I beg to differ!\u00a0 If property management is done correctly and the systems are put in place from day one, property management can be glamorous and your&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rent the World! 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