Special offer

Spam prevention
Rainmaker
1,057,554
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I haven't had bricks and mortar for 14 years . . . when I did I got tire kickers, solicitors and agents not worth 2 shits plopping their fat butts down unsolicited bragging about how I should hand them moon and stars to sign up. (ALL no longer licensed LOL)

I am DELIGHTED that my competitors have that instead of me! LOL

And I know they do as they bring those unserious buyers to my listings!

Aug 25, 2021 07:50 AM
Rainmaker
604,644
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

I don't really use the office much anymore.  I have yet to have a client that needs to meet me in an office this year.  Working from home is working for me.

Aug 25, 2021 11:09 AM
Rainmaker
1,506,923
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I would say zero.  Even back in the 90s my parents worked from their home and it's only gotten more remote since then.  I can see the need for one if you have a traditional Brokerage and need to manage agents, have in person meetings and trainings and supervision.  If you're experienced or on your own, I don't see the need for one.  There are several 100% virtual companies out there now.  I meet people at houses, I meet them at coffee shops.  Contracts are electronic and physical offers are written either remotely, at the house (if vacant) or at a coffee shop.

Aug 25, 2021 10:31 AM
Ambassador
3,590,566
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Not important at all anymore.  Used to be, but it's been years since we gave up the big office overlooking a park and pond.  Albeit it was great for big network events, we can easily accomodate those at our home and people love coming to our home.

Aug 25, 2021 04:54 PM
Rainmaker
1,325,924
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Since I mostly work from home these days, an office is not really a necessity.

As you may be aware, there is a major national real estate company whose business model is based on not having a specific office location.

Aug 25, 2021 12:19 PM
Rainmaker
962,983
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

Where I hang my license and where I work are not connected. I've been into the "office" less than five times in the almost 6 years I've been practicing real estate. Recently, the "office" was moved to a Regus shared space to minimize costs while also providing a physical location, if needed.  Before COVID, if I needed to meet someone in town, I'd use one of the local coffee shops, which offer WiFi and space to meet. 

Aug 25, 2021 10:57 AM
Ambassador
3,350,589
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Not. At. All. 

I have always worked from my home office. 

Aug 25, 2021 09:50 AM
Rainmaker
717,035
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

When I started my brokerage 10 years ago, we could have gone the brick and mortar route, but elected instead to be more of a hybrid.  Since Covid, the desks we have in the office stay relatively empty, but the production is far higher. With the internet, the need for a physical location to work has become relatively unimportant. Some agents want an office for the prestiege, but really rarely use it.  It becomes one of those things a brokerage needs to weigh - the price of added rent for office space agents don't use versus having those agents as part of the company. Is the added cost justified when you consider the production level of the agent and income received from the agent. 

Aug 25, 2021 09:02 AM
Rainmaker
7,870,816
Roy Kelley
Retired - Gaithersburg, MD

In our area, a professional image is still important. However, office space has been reduced and most have spent much less time in the office.

Aug 25, 2021 08:04 AM
Ambassador
2,684,769
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Not.

No.

Aug 25, 2021 08:08 PM
Ambassador
2,459,243
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I work out of my home office. In my area, a fancy office is not needed at all. But I'm sure in others, it is.

Aug 25, 2021 02:01 PM
Ambassador
1,458,269
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I hear Sotheby's Canada has a pretty snazzy office in downtown Toronto but I've never seen it nor stepped foot in it.  I've always worked from home 3.5 hours away and wouldn't dream of changing it. 

Aug 25, 2021 01:57 PM
Rainmaker
2,785,456
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Anything under a million why do you need an office? The proerties become the stage & focus 90% of the time. For multi-millions, it is optional but preferred for signings, showing (off) & lunch meet place. In the end, Customer Service exceeds all gimmicks, fancies, tricks & games. 

Aug 25, 2021 11:36 AM
Rainmaker
1,847,731
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I liked it way back when. Many things were important back then that are not now. Gave up my office years ago & sometimes I miss the privacy that I had. You get used to being more flexible being at home.

Aug 25, 2021 09:17 AM
Rainmaker
4,967,093
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I been working from home in the last 5 years and it works for me.

 

Aug 26, 2021 12:06 PM
Ambassador
6,424,817
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

One thing I miss about KW, I had access to several fancy offices that are far fancier than my office.

I did meet with many RE and Forestry clients in the KW offices and I think that it did add to the professionalism of our transactions.

However with Covid we have been fine with meeting on zoom, yet I am wondering whether to go back to KW after we get back to normal, or fix up my office to make it more client meeting centric.

Aug 25, 2021 09:29 PM
Rainmaker
5,879,410
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I actually have not had an office with a common area for 3 years, and an actual office for me since 2007.  

Aug 25, 2021 04:19 PM
Rainmaker
424,550
Julie A. Black
KAUAI DREAMS REALTY Kauai Real Property Specialist - Kapaa, HI
CLHMS, CRS, GRI, Realtor, Broker

I have a small & cute (not fancy) office on the highway in my small town. I love separating my home & office life. I like being able to meet with my non tech clients at my office. Yes I do get the unwanted walkin occassionally but it's worth it to me.

Aug 25, 2021 02:34 PM
Rainmaker
1,093,447
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Brokers are required to have a physical location here in Florida but that can be in their home if they meet the requirements.

There are some brokers who have their office in their home but the majority have a separate physical location. The big box franchises seem to have fancy offices while the independent brokers not so much.

When I was with CB, clients liked the fancy office and professional atmosphere that it conveyed but most agents were only in the office to meet clients or for office meetings. 

I don't think there is a right or wrong answer to this question, it all comes down to personal preference and depends on your location, the type of image you want to project, the type of clients you work with and, of course, your budget,

 

Aug 26, 2021 11:58 AM
Rainmaker
5,245,401
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

No need unless required by your state licensing law. Have not had one in years.

Aug 26, 2021 04:42 AM
Rainmaker
766,669
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

It depends on the stage you are in with your career.  I would have a private office at a top franchise company if this were my first ten years in the business.

Aug 26, 2021 01:34 AM