Moving into a New Portfolio
One of the interesting elements of a career in Real Estate, and Property Management in particular is the importance of market and client knowledge. As an example, if a plumber, lawyer, mechanic was to move from one organisation to another, they will be able to pick up from where they left off much faster compared to someone in the Real Estate industry. We absolutely have many elements of technical knowledge which can carried with us; however, a large element of our roles relates to an in-depth knowledge of the properties and clients we deal with.
When I see a top performing Property Manager out of their office and moved them into a similar office 50km’s away they will go through a challenging journey to get back up to the same level of performance they were previously at. If you are moving into a new portfolio, it is important to have a structure plan in your approach to this. Setting yourself, and the business realistic goals about what will be achieved in the first 30, 60, 90 days will help keep you on track and motivated during this journey. Think about what you would like to achieve during this period, and then how will you prioritise these tasks.
For anyone in this transition, we have a number of resources available at www.realpluscommunity.com.au
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