Maintaining Profitability: Top Realistic Strategies

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RISMEDIA, Feb. 9, 2008-This month, in Real Estate magazine, we asked broker Al Galperin, “What are your top strategies for maintaining profitability?”

Al Galperin
Managing Broker
Cherry Creek GMAC Real Estate
Denver, Colorado

“Recruiting is pretty much everything; it really is the cure-all from a profit standpoint. However, lead generation and ancillary services are very important as well. These ideas are implemented by using agent referrals, name recognition and prior experience. At our company, we use a different philosophy. When we built this company just two years ago, we broke the mold and exceeded the recommendations that GMAC gave us. We are continuing that effort by giving our managers and associates positive support and creating a positive environment for them to work and function in.”

To read more interviews with brokers and agents discussing the latest real estate best practices and trends, visit the digital version of Real Estate magazine here. 

RISMedia welcomes your questions and comments. Send your e-mail to: realestatemagazinefeedback@rismedia.com.

For more of this week’s business tips, see:

5 Ways to Harness the Younger Leadership Style
6 Ways to Build Buzz: Everybody’s Talking…but Are They Talking about You?
A Real Estate Survival Tip: The ‘To-Don’t List’