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Even in today's climate, brokers are making money by doing a number of different things to control costs, increase clients and increase sales.

Here are some to the top things that successful brokers are doing to improve their business outlook.
 

7 Key Realty Business Savings Tips

1.  Marketing Assistance.  Use College Interns to research and develop new marketing campaigns, including postcard, flyers and social media.
 

2.  Sublet office space.  You can reduce your rent expense by sharing or subletting office space.
 

3  Equipment.  Check going out of business sales for office equipment and supplies. Printers, copiers, and other supplies can be acquired for 70 - 80% off retail.
 

4.  Mailing.  Clean up your mailing list and remove previous returned mailings; remove partial or incomplete addresses; and remove areas that are no longer in your target market.
 

5. Get Clients by Talking.  Be a guest speaker at different community events.  Pick a couple of topic that raises your passion, then call the organizer and get involved.
 

6.  Freelancer / Virtual Assistance.  Tap into a pool of people that are very good at what they do, then get them to handle that type of project for you.
 

7.  Do It Online.  Shift away from creating rooms full of computers, servers and tech support costs.  Even major corporations are adapting to web base software to run key business functions.  Online software applications are a fraction of the cost of computers, networks, routers and support.

All businesses are analyzing costs, returns and investments.  While the goal is to reduce costs, you want to make good business decisions that will off set cost reduction with revenue increase.
 

next:  Top Brokers Reveal How They are Growing Their Offices 

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