Congratulations. If you’re thinking of taking your real estate business to the next level or opening a brokerage, it likely means your years of hard work are paying off. If it’s time to grow your business there are many important considerations to make when it comes to ramping up manpower, adding certifications and developing business plans.

Are you considering starting a brokerage? Has an increase in sales made it necessary for you to hire an assistant? Do you have all your necessary certifications in order? If opening your own brokerage is the next logical step in your professional development, it’s important to consult with accountants and business professionals who can advise you on developing a plan to ensure that you’re on solid financial ground.

According to a 2010 NATIONAL ASSOCIATION OF REALTORS® Member Profile, 41% of REALTORS® are affiliated with an independent, non-franchised company. Among the decisions you’ll need to make is whether to buy a franchise or to go independent.  REALTOR® Magazine’s 11 Tips for Starting Your Own Business offers great advice on everything from developing a business plan to recruiting other real estate professionals to join you. Continue reading »