Research
To understand the environment to help you identify your desired office location:
- Determine Virtual or Bricks & Mortar
- Identify your desired market area and specialty
- Identify number of sales and competition in your target area/specialty
- Brick & Mortar building:
Identify desired office location
Determine who will handle tenant improvements
Determine who will negotiate leases
Determine if you will need staff (if so, how many/what functions?)
Determine if purchase or lease equipment - Virtual building
- Determine where main office will be
Caution: Check Homeowner’s Assn. Covenants, Conditions & Restrictions (if in an HOA area) - Determine if you need virtual staff
- Purchase or lease equipment
- Read Short Title: Broker Home Office – Arizona Dept. of Real Estate S.P.S. 2005.15
- Design and order signage
Resources
Virtual Offices: Remote Control – REALTOR® Magazine
Beyond Bricks & Mortar – REALTOR® Magazine
Brokerage Signage – Arizona Dept. of Real Estate