By the time he graduated from the University of Florida at Tampa, Josh Dotoli knew he was an entrepreneur at heart. Having worked with a mentor who managed and rehabbed properties, he believed real estate was his calling, and he quickly proved the point in his first successful year with a boutique firm in Fort Lauderdale.
Recruited four years ago by Compass Real Estate after six successful years with another high-end company, he and his wife, Dayana, whom he had met in the industry, decided to combine their skills in a concerted drive to grow and scale their business.
As rewarding as it can be to lead your own real estate team, it can be lonely at the top. You may be surrounded by people, but they may not be able to fully appreciate the unique challenges of leading a team. You can quickly start to feel unsupported and adrift.
Fortunately, there are ways to diminish these feelings of isolation. Use these four strategies to overcome the loneliness of leadership.
1. Connect with other leaders
You’ve heard that it takes a village to raise a child. If you have children, you know this is true. Parenting is full of complexities that no two people could possibly navigate alone. As a parent myself, I’ve received invaluable help from my family members, friends, and neighbors, who generously shared their expertise and experience. My children also benefited from others in the community, like teachers and coaches, who had their best interests in mind and were invested in helping them succeed.
Does anyone have too much time on their hands? **crickets** Yeah, me neither. One of our most valuable resources, the amount of time in any given day is out of our control—firmly set at 24 hours. But what we do with those 24 hours is in our control.
Real estate investors are sweet on multifamily—so much so that they have increasingly been willing to pay more for it than ever before, especially in certain circumstances. Whether that demand can continue or a bubble burst is on the horizon is the focus of a new Multifamily Trading Bulletin from Yardi® Matrix.
Homegenius has announced an agreement with Berkshire Hathaway HomeServices.
Through this agreement, homegenius will enable Berkshire Hathaway HomeServices’ network agents, brokers and owners to access homegenius’s “geniusprice” property intelligence engine. geniusprice technology gives brokers and agents access to analytics and insights in an interface that’s easy to use and takes home price estimates to a new level, the company states.