Rich's Ramblings
Wow, what a year 2005 has been for real estate! With all the talk of bubbles, "discounters", internet referral companies and much much more, there are lots of questions floating around out there. In future blog entries I want to address these topics in much greater detail.
It has also been an interesting year for Realty Executives International. It was a sad day in October 2004 when we lost Dale Rector, my father, and the founder of the company. I am sure he would be proud today seeing the tremendous growth of this franchise. That growth has not been without its challenges. Bill Powers and I have built this company for the past 18 years together as eager entrepreneurs, and having grown it to its current size, we both have realized the need for new talent on board. Bill, himself, has realized that his main talents lie in selling franchises and growing a business in its entrepreneurial stages, and has elected to take on our Texas region as his to develop. I have stepped back in as President, and I am pumped up! Our management team, led by Glenn Melton our Chief Operating Officer, is ready for new challenges.
Speaking of challenges...our website provider suddenly filed bankruptcy and pulled the plug on our servers without any notice to us! We have obviously changed vendors, but in the mean time we are running a temporary site. I am still amazed at how quickly our team responded to this crisis, and rallied to handle all of the phone calls and questions. I am certain the new site will exceed what we had before and I appreciate everyone being patient using the temporary site for now.
The weekend before Thanksgiving we invited a dozen or so of our franchise owners and regional developers to a retreat to get their input and direction to help us formulate our strategic plan for the coming 3 to 5 years. The amount of information and input from this group was overwhelmingly positive. Our management team will be crafting our strategic plan in December from all of that information, and we will present it first to the same group that helped us.
That's it for now.
It has also been an interesting year for Realty Executives International. It was a sad day in October 2004 when we lost Dale Rector, my father, and the founder of the company. I am sure he would be proud today seeing the tremendous growth of this franchise. That growth has not been without its challenges. Bill Powers and I have built this company for the past 18 years together as eager entrepreneurs, and having grown it to its current size, we both have realized the need for new talent on board. Bill, himself, has realized that his main talents lie in selling franchises and growing a business in its entrepreneurial stages, and has elected to take on our Texas region as his to develop. I have stepped back in as President, and I am pumped up! Our management team, led by Glenn Melton our Chief Operating Officer, is ready for new challenges.
Speaking of challenges...our website provider suddenly filed bankruptcy and pulled the plug on our servers without any notice to us! We have obviously changed vendors, but in the mean time we are running a temporary site. I am still amazed at how quickly our team responded to this crisis, and rallied to handle all of the phone calls and questions. I am certain the new site will exceed what we had before and I appreciate everyone being patient using the temporary site for now.
The weekend before Thanksgiving we invited a dozen or so of our franchise owners and regional developers to a retreat to get their input and direction to help us formulate our strategic plan for the coming 3 to 5 years. The amount of information and input from this group was overwhelmingly positive. Our management team will be crafting our strategic plan in December from all of that information, and we will present it first to the same group that helped us.
That's it for now.
posted by Realty Executives Int'l at 2:10 PM
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