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Published byLucinda Holmes Modified over 9 years ago
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Office Systems Training
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Schedule
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Videos
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Event Rules ★ Network & Build Relationships ★ Focus ★ Have Fun...
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Developing Into The Complete Investor
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Software Programs You Must Learn ★ Operating System ★ Windows 7 / Vista / Snow Leopard ★ Excel ★ Word ★ Powerpoint / Keynote ★ Quickbooks ★ Camtasia / Screen Flow / iMovie ★ Word Press ★ Google Calendar / Docs
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Social Networking Platforms You Must Master ★ Facebook ★ Twitter ★ Linked In
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Online Websites ★ Multiple Listing Service ★ Zillow, Trulia, Cyberhomes ★ Property Card Websites ★ Tax Assessors Database & Property Records ★ Craigslist ★ Elance.com / odesk.com
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Divisions of the Business ★ Marketing Division ★ Acquisition Division ★ Loss Mitigation Division ★ Financing Division ★ Project Management Division ★ Sales Division ★ Property Management Division ★ Business Management Division ★ Business Development Division
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Skill Sets to Be Developed ★ Curiosity ★ Strategic with Your Time ★ Communication & Networking Skills ★ Negotiation & Sales ★ Comfort with Technology ★ Management Skills ★ Systemic Thinking
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Time Blocking for Full Time Investors 8:00 to 9:00AM – Education 9:00 to 11:00AM – Deal Follow Up 11:00 to 1:00PM – Deal Evaluation 1:00 to 3:00PM – Business Building 3:00 to 5:00PM – Project Management 5:00 to 6:00PM – Marketing & Organization
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Hiring Your First Assistant
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Assistant ★ Marketing Fulfillment ★ Pre-screening Seller Leads ★ Pre-screening Buyer Leads ★ Database Entry & Website Updates ★ Networking Events ★ Errand Running & Mail Management
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Assistant - Marketing Fulfillment ★ Bandit Sign Campaigns ★ Pre-Foreclosure Door Packets ★ Direct Mail Fulfillment Campaigns ★ Agent Relationship Campaigns ★ MLS Daily Searches / Auctions ★ Daily Twitter & Facebook Updates ★ Online Campaigns ★ Craigslist Ads - Rewrite & Post ★ Video Ads - Tag & Post ★ Blogging - Weekly Blog Post
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Assistant - PreScreening Seller Leads ★ Prescreen leads & put into FreedomSoft ★ Create Comp Packages ★ Run MLS comparables - Save PDF ★ Pull Property card ★ Run Non-MLS Comparables ★ Grade the Lead & Exit Strategy ★ Print Comp Package ★ Refer Leads to Other Parties ★ Set Appointments & Report on Leads
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Take Incoming Leads
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Print Comp Packet w/ Attachments
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Assistant - PreScreening Buyer Leads ★ Prescreen buyer leads & put into FreedomSoft ★ Create buyer profiles ★ Basic mortgage application information ★ Transfer leads to mortgage broker ★ Nurture buyers ★ Non-sales ready buyers into email campaigns ★ List Building ★ Generate buyer leads online
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Take Incoming Buyer Leads
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Assistant - Database Entry & Website Updates ★ Database Entry ★ Update Seller/Buyer leads in FreedomSoft ★ Three new relationships a week ★ Report on contacts added each week ★ Website Updates ★ Update properties for sale ★ Execute marketing campaigns ★ Advertise properties for sale ★ Add new content to site
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Assistant - Networking Events ★ Attend one to two networking events a week ★ Create new relationships ★ Create new buyer leads ★ Auctions ★ Create new buyer leads ★ Make offers
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Assistant - Errands & Mail Management ★ Errands ★ Anything that will FREE up more time ★ Mail Managment ★ Sorting Mail ★ Bill Paying
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Assistant - Pay Scale ★ $15 an hour ★ 3-6 months - 1099 Them ★ $35,000 a year ★ Incentive Scales ★ 1% of property values sold - Retail Deals ★ $500 a closing for - Wholesale Deals ★ $500 a closing for - Buy & Hold Deals
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Preparing to Hire Someone
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Hiring Employee Keys ★ Create a Job Description ★ Make sure the position fits the personality ★ Mind Map Out Job Responsibilities ★ Always have default jobs ★ Do Not Fill Slots w/ Underachievers ★ Deadly to Businesses ★ Create Positions for Talented People
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Qualities I Look For Ability to Sell Supreme Organization Ability to Handle People & Communicate Ability to Follow a System Tech Savvy Hard Working Interest in the Business Ability to Complete Projects
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Finding & Screening Employees
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Finding Employees Business Associates You Have Dealt With Referrals from Other Sources Craigslist.org Online Resources
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Interviewing Employees
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Employee Training
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Software Training ★ Operating System ★ Windows 7 / Vista / Snow Leopard ★ Excel ★ Word ★ Powerpoint / Keynote ★ Quickbooks ★ Camtasia / Screen Flow / iMovie ★ Word Press ★ Google Calendar / Docs
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Real Estate & Business Training ★ Books ★ “E-Myth Revisited” – Michael Gerber ★ “Secrets of Closing the Sale” – Zig Ziglar ★ Marketing Course ★ Wholesaling Course ★ Rehabbing Course
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Essential Office Training ★ Answering Phones ★ Taking Incoming Seller Leads ★ Taking Incoming Buyer Leads ★ Pulling Comps on Properties ★ Evaluating Deal Basics ★ Hold Weekly Trainings!
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Training Philosophy ★ Hold Weekly Sessions ★ Create Ongoing Educational Plans ★ Don’t Hold Back ★ Specialize for the Position ★ Let key employees create income streams
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Office Environment ★ Work space environments are important ★ Training by listening ★ Technology Set Up ★ Foster communication & competition
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The Million Dollar Office
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“If you think you can do a thing or your think you can’t do a thing…your right!” – Henry Ford
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Struggle, Confusion, Constant Work Consistent Work with Payoff Financial Freedom Technician Manager Entrepreneur True Freedom
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Million Dollar Office ★ Business Owner - Entrepreneur ★ Assistant/Marketing Director - Technician ★ Head of Acquisitions - Technician ★ Loss Mitigator - Technician ★ Project Manager - Technician ★ Head of Sales - Technician ★ Office Manager - Manager
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Head of Acquisitions
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★ Main Job Description ★ Wholesale, Rehab, Rental - Acquistions ★ Lead Management - Sellers ★ Deal Evaluation ★ Contract Management ★ Acquisition Processing ★ Processing checklists, due-diligence, title work, seller communication, attorney-title company communication, closing preparation
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Head of Acquisitions - Reporting ★ Weekly Reporting ★ Leads taken ★ REO’s/MLS/Auction Properties Analyzed ★ Seller Meetings Taken & Closed ★ Offers Made ★ Contract Stages of Existing Deals
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Head of Acquisitions - Pay Scale ★ $20 an hour ★ 3-6 months - 1099 Them ★ $40,000 ★ Incentive Scales ★ 10% of Wholesale Deal Profit ★ 1 to 2% of Rehab Deals or 5 -10% of Profit ★ $500 a closing for - Buy & Hold Deals
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Loss Mitigator
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★ Main Job Description ★ Short Sale Negotiations ★ Lead Management - Short Sale Leads ★ Short Sale Deal Evaluation ★ Loss Mitigation ★ Gather seller paperwork, create short sale package, communicate with bank, handle BPO, handle the closing
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Loss Mitigator - Reporting ★ Weekly Reporting ★ New leads taken ★ New files under contract ★ Stages of existing short sale files ★ Short sales accepted
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Loss Mitigator - Pay Scale ★ $18 to $20 an hour ★ 3-6 months - 1099 Them ★ $35,000 to $40,000 ★ Incentive Scales ★ 10% of Wholesale Deal Profit ★ 1 to 2% of Rehab Deals or 5 -10% of Profit ★ $500 a closing for - Buy & Hold Deals ★ $250 per listing sale
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Project Manager
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★ Main Job Description ★ Project Management for Rehab Deals ★ Property Manager ★ Contractor Team Building ★ Rehab Management ★ Property Management - 15 units or less
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Project Manager - Reporting ★ Weekly Reporting ★ New rehabs ★ Stages of existing rehabs ★ Construction budgeting ★ Monthly rental updates/vacancies
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Project Manager - Pay Scale ★ $18 to $20 an hour ★ 3-6 months - 1099 Them ★ $35,000 to $40,000 ★ Incentive Scales ★ 1 to 2% of Rehab Deals or 5 -10% of Profit
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Head of Sales
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★ Main Job Description ★ Sell Retail & Wholesale Properties ★ Sell Listings ★ Build Your Buyers List ★ Marketing for Buyers ★ Property Showings ★ Buyer Contract Management ★ Sales Processing ★ Project Management / Acquisitions if not busy
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Head of Sales - Reporting ★ Weekly Reporting ★ Buyers list growth ★ New properties for sale ★ Marketing plan ★ Stages of existing closings ★ Listings sold
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Head of Sales - Pay Scale ★ $18 to $20 an hour ★ 3-6 months - 1099 Them ★ $35,000 to $40,000 ★ Incentive Scales ★ 1 to 2% of sales ★ Straight commission if they do listings
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Office Manager
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★ Main Job Description ★ Employee Management & Training ★ Office Management & Organization ★ Marketing Management ★ Acquisition Lead Management ★ Sales Processing Management ★ Bookeeping/Payroll ★ Meetings & Business Development
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Office Manager - Reporting ★ Weekly Reporting ★ Business Owner Meeting ★ Employee Problems ★ Payroll & Monthly P&L’s ★ Training Systems
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Office Manager - Pay Scale ★ $25 to $30 an hour ★ 3-6 months - 1099 Them ★ $50,000 to $75,000 ★ Incentives based on profitability
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Business Owner
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★ Main Job Description ★ Entrepreneur ★ Business Development ★ Accounting & Legal ★ Future Income Streams ★ Business Processes & System Development ★ Staff Training & Education ★ Strategic Networking
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Business Owner - Reporting ★ Weekly Reporting ★ New Business Processes ★ Future Business Opportunities ★ Financial Reporting & Pay Scales ★ Problem Trouble Shooting
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Other Positions
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Interns Bookkeeper Property Manager Virtual Assistants - Marketing Fulfillment Bandit Sign/Door Knockers/Temps
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Creating Marketng Fulfillment Plans
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Goal Setting
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Why Goals Aren’t Set 1. They Hold You Accountable 2. Not Knowing What Steps to Take 3. Life Appears and Interrupts Us 4. Lack of Commitment 5. Seems Hokey
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Goal Setting For Your Office Weekly Goals Numeric Goals Accountability to Others
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Weekly Goals
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Business Goals -“IN” Your Business Goals Direct Revenue Goals 2 Houses a Week Under Contract 2 Listings a Week Under Contract Other Examples 10 Leads a Week 10 Offers on Properties
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Business Development Goals -“ON” Your Business Goals Goals to Work “On” Your Business 6 Hours Working on Door Knocking System Create System for Research to Grab a List to Direct Mail To
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Education Goals Depends on Your Schedule Depends on Your Schedule Depends on Your Modality of Learning Depends on Your Modality of Learning 1 Book a Week 1 Book a Week 4 CD’s a Week 4 CD’s a Week
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Holding Yourself Accountable Post Your Goals Tell Others Your Goals Create Rewards for Monthly Goals Create Penalties for Not Achieving Goals
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Weekly Goals 1 st Year 40% Marketing Development & Education 40% Marketing Development & Education 20% Wholesaling Business Systems 20% Wholesaling Business Systems 10% Rehabbing Business Systems 10% Rehabbing Business Systems 10% Other Niche Education 10% Other Niche Education 10% Networking & Forming Relationships 10% Networking & Forming Relationships 5% Technology 5% Technology 5% Team Development 5% Team Development
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