Working With Your Family In Your Real Estate Business

5 Tips on How to Make it a       employees. The goal is to         Successful Combination          achieve a harmonious working                                       relationship without jeopardizing  We all have families, but not all     those all important family ties.   of us work with them. If your        To do this, you need to plan       real estate business includes a       ahead and take into consideration  family member or two, you already     any and all possible issues.       know what the good and the bad of                                        it is. Learning how to increase       Making it Work                     the positives will help in                                               creating not only a stronger          Whether you’re worried about       platform for your business, but       being taken advantage of or        also in stronger ties with your       taking advantage of, some simple   family. This particular balance      tips will have you headed down a   can be a tough one to manage;         much smoother path to the work     however, it is very possible.         environment you’re seeking.                                              These 5 tips should get you        As a real estate mom, no one has      started:                           to tell you how difficult it is                                          to combine your career with your      • Form Definite Boundaries.        family life. When part of that        While this rule sounds simple,    family life is also an integral       it can be difficult to achieve.    key to the success of your            The best way to handle it is open  business, complications can           communication from the very        arise. Issues such as fair            beginning. Explain clearly that   compensation, flex-time,              while on the job, it is best to    favoritism, and familial              keep family chit-chat to an        boundaries can each lend a hand       absolute minimum, if at all. Let  in specific problems you likely       them know this goes both ways –    won’t face with non-family            that you won’t be calling them at  home on the weekend to discuss        While the process may seem more    work. Keep the two entities as       casual, it isn’t. You need to be  divided as possible!                  as effective and vigilant with                                           family employees as you are with   • Keep the Clients                    non-related ones.                  Separate. Sticky situations can                                         sometimes arise when a family         • Communication is Vital.          member is a social friend of a        You already know this, but don’t   client. Business is business,        forget it’s just as important      and any possible work issues need     when dealing with your family in   to be kept confidential and not       your workplace as it is in other   turned into fodder for gossip.        areas of your business. They                                            deserve the respect of one-on-one  • No Hard Feelings. Real             business meetings to voice their   estate is a competitive               concerns and to discuss their      environment. Realize that the        job, and your business, in         monthly sales figures could cause     general. Miscommunication is the  negative emotions in whoever is       biggest cause, by far, of poor     on the lower end. Be supportive      job relations. Keep this in        to each other to get through          mind, and you’ll go a long way in  these moments of crises – and be      keeping everyone happy.            prepared to deal with them when       Including yourself!                they occur.                                                                                                   All in all, the way you treat an   • All Employees are Treated           employee should be consistent.     Equal. From day one. If your         Whether a part of your family or   normal course of action is to put     not, creating the correct          a job offer in writing, including     boundaries from the beginning is   compensation and benefits, don’t      imperative. However, that being   deviate from this with family.        said, a non-related employee       probably hasn’t seen you in your       google_ad_format =           PJ’s, or at family gatherings, or     "728x15_0ads_al";                  visited you when you had your                                            first baby. Therefore, normal         google_ad_channel =          innate boundaries aren’t going to     "3545651507";                      be in place with family unless                                           you strive to put them there.          google_color_border =                                              "FFFFFF";                          Once you do, however, you will                                           begin to see the positives when        google_color_bg = "FFFFFF";  working with a family member far                                         more often than you will see the       google_color_link =          negatives. It is possible to         "0000FF";                          combine family and career – as                                           long as you know what you want,        google_color_text =          how you want it, and take the         "3E3F43";                          proper steps to communicate those                                        wants effectively.                     google_color_url =                                                 "3E3F43";                             type="text/javascript">                                                                                                 google_ad_client =                                   "pub-8542272527121315";                                                                                                                             type="text/javascript"             google_ad_width = 728;                                                                                                                google_ad_height = 15;          src="http://pagead2.googlesyndica                                        tion.com/pagead/show_ads.js">                                                                 About the Author: Real Estate and Life Coach Cheri Alguire has partnered with hundreds of Real Estate Professionals to help them become more successful in business and in life. Coach Cheri offers Group Coaching for Moms, Working Mothers and Pregnant Women in Real Estate, on how to balance careers with family responsibility. Learn more at http://www.realestatemoms.com, and visit Coach Cheri's Real Estate Moms blog at http://www.realestatemoms.com/blog Read more articles by: Cheri Alguire Article Source: www.iSnare.com ...Archive >>