BELLE
Internal
Strengths
Nurturing process
Small team that is highlight enthused and skilled
Active Listening
Dominate MacMasters Market Share
Persisting - when???
Excellent work ethic, more than competitors
Experience and Industry Knowledge
Referral Network - from who specifically??
Caring towards clientele and team
Community involvement
Intuitive numbers - know what need to hit
Duplicatable models and processes for consistency of service
Timed Auctions
Spending money where others refuse to
The way the open home is advertised and prepped
Weaknesses
lack of planning for Social Media
No financial management
Too many communication channels equals unhappy staff & customers
Avoiding logging and review on Agent Box
Missing opportunities due to email disorder
+20 systems creating overwhelm and tripling up on input
3% market share Terrigal, 12% Copa, 0% North Avoca, 0% Avoca
Focus on listings not buyers, leaves properties time on market longer
Avoiding asking for business - fear to do so
Video footage and testimonials
External
Opportunities
Grow a team that is different
Create trust in an industry that lacks it
Majority Market Share of Terrigal
Developing a bespoke brand within Belle Brand
Monday.com for workflows and streamlining
Forecasting trends (macro and micro)
Using Ai
RITA
Collaborations with other businesses to leverage off
Refining core support network
Threats
Increase in Interest Rates
Software that decreases the need for an agent
Agents offering lower commission / service fee
Economy impact
Burnout from overwhelm and overworked
Competitors dominate market
Survival strategies (WT)
Focus on basics to increase market share in Terrigal by duplicating MacMasters process
Increase rental portfolio for stability when interest rates rise
Streamline and prioritise systems and software to decrease costs and overwhelm
Increase relationships with buyer agents
Do what you love most and are best out - all team members onboard - focus on high priority tasks ONLY
Do robotic tasks that are highest impact early in the day
Outsource/Delegate low priority admin tasks
Containment strategies (WO)
Take on social media lover with demonstrable action
Use a system that creates workflows with automated triggers to decrease tripling up on data entry
Use monday.com for workflow organisation
Make use of LEAD model to ensure a clear strategy and process that is followed every time - tweak LEAD model actions
Use canva for social media organisation, as well as uniformity of branding and consistency of scheduled releases
Use Baylin for video editing and to elevate the experience with Team Leporte
Value mapping breakdown for client understanding and put decision making into vendor hands as far as expenditure and what they like
Create trust in Terrigal by being involved in community events and getting to know businesses
Take on a Terrigal team member to work the area for visibiilty
Create training videos that ensure easy duplication of best agent
Consolidation strategies (ST)
Know the latest and best systems and technology and utilise it e.g. timed auctions, virtual walk throughs - become a specialist in the software that may replace some aspects
Clean up expired listings and put into monday.com system
Increase market share in Terrigal to combat lowered agent commission charges
Duplicate smart and hard work ethic to increase market share in other areas while maintaining MacMasters market share
Continue to do things differently to other agencies and stretch the barriers to be recognised as the agency to use
Use models to duplicate and flow the way we work to ensure lowered chance of burnout, as well as create consistency and keep things moving by sharing responsbilities
Growth Strategies (SO)
Replicate MacMasters strategy to other areas
Training Agents using Models to ensure consistency (doing things right at highest pace - effective and efficiency)
Set KPI's that can be monitored through monday.com and dashboards (financial and business e.g. days on market
VPA - all agent growth
Combine intuition with facts to demonstrate what works
Educate clients to give extra value, as well as the market - e.g. new legislation, maintenance of property, story telling on area or property, things to do etc...
Support community in other areas, similar to MacMasters - find a community custodian for each area
Make Monday.com the workflow system that all data feeds to for easy communication and flow of client service - this allows more stock to be identified and sold