Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az (Keller  Williams Realty Sonoran Living)

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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I work with my sister-in-law. 'Job descriptions' were laid out from the very beginning and it's worked well for us. There are many others here that have worked with family for decades - they'll have better advice, I'm sure!

Feb 07, 2019 06:53 PM
Rainmaker
3,305,389
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Not personally but I know of some parent-child, spouses or sibling real estate partnerships.   I imagine there are many different types. Good luck.

Feb 07, 2019 06:26 PM
Rainmaker
3,057,843
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I don't. I have no family members anywhere near me geographically and all have their own professions.

Feb 08, 2019 03:46 AM
Rainmaker
396,024
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I have worked with my daughter for many years and it is a great fit. Give your son time to shine on his own, but recognize as a new licensee, he still needs direction. 

Feb 07, 2019 09:58 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Several family members that are essential members of our team.

I started the kids in the business at a young age and they have grown to be some of the top people in their fields.

Feb 07, 2019 07:54 PM
Rainmaker
697,507
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Advice for you or for him? LOL
Are you both agents in the same office? Is one of you the other's broker? If not, what does your broker say?

Feb 07, 2019 07:17 PM
Rainmaker
1,594,709
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Just make sure he listens to you Shirley Coomer .

Feb 07, 2019 06:37 PM
Rainmaker
4,954,280
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

treat him as you would any other team member.... my daughter has been with me for 20 years... and now she runs the show.... I do the marketing and make the phone ring....and I charge her and team members a referral fee for all transactions.... it's a good income and I have flexibility... so, if you work it right, it will be a Blessing to you...

Feb 08, 2019 05:05 AM
Rainmaker
538,482
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Be patient & help each other out all you can. 

Feb 08, 2019 04:49 AM
Rainer
116,275
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

Yes, My husband and i.   Very clearly defined roles within the company. I am mostly sales, he is mostly property management.  Sometimes they overlap, but we know who ultimately has the responsbility for what. 

 

Feb 08, 2019 07:01 AM
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I work with my wife successfully and a freind in Tulsa does well with his son. Set boundaries.

Feb 08, 2019 05:43 AM
Rainmaker
3,240,859
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

If it works, it works. Good luck!

Feb 08, 2019 04:13 AM
Rainer
417,147
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

I have worked with my daughter since 2010.   We shared an office with the company we were with for 8 years.   I opened my own business late in 2017 and she is the broker.

It has worked for us.  There are some things she is more comfortable doing and vice versa. So we built on those things and it works for us.

 

Feb 08, 2019 07:56 AM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Shirley,

Ron and I have been in business together since before we were married.  We know our strenghts and we compliment each other.  When we taught seminars, some of the attendees related better to me and others related better to him.  The same in our commercial practice.  That gave us more market share.  A

Feb 08, 2019 07:45 AM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Keep it professional, make rules.

Feb 08, 2019 07:39 AM
Rainmaker
761,131
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

No family members in the business. Keep it professional

Feb 08, 2019 07:37 AM
Rainmaker
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I do not. 

Feb 08, 2019 07:30 AM
Rainmaker
5,346,704
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Teach him will and then give him room to grow.

Feb 08, 2019 05:48 AM
Rainmaker
756,296
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The overwhelming temptation is to impose or 'make sure he listens to you' oversight the prime objective. This is the MOM not letting go. Don't do it.

You think you know the answer to this question. "What does your son want to do?"

Ask him "Why is working in real estate important to you?" Or, based on your intimate knowledge, the more important question may be, "Why  is working with your MOM important to you?"

That's the easy part.

The first 3 responses will be about how this decision affect him. They are all the wrong answer.

The next 2 or 3 responses will be about how this decision affect those around him, his community or SOI. These also are the wrong answers.

When you get to response 5, 6 and 7 you are finally at the real purpose.

This IS his "Why." Now, your choice is whether to make the way for the eagle to soar by preparing the way for him to walk into the fullness of his greater purpose.

Here is an example of how such a conversation may sound.

Brad. You trust me right? So, this will make you a little uncomfortable but please trust me to know the outcome will be beneficial to us both. Will you give me 15 minutes to ask you 7 probing, intelligent questions about this choice?" 

"Brad, why is it important to you to work in real estate?"

"Well, Mom I've watched you for 20 years and it seems like interesting work."

"Wow. I didn't realize you were watching so closely. Brad, what is important to you about doing interesting work?"

"Mom, I would go nuts doing the same repetitive work. I think I work at my best when the work I do is varied."

"I see. Brad, what is import to you about working at your best?"

And you keep squeezing until you get to the real purpose.

At is upon knowing the real purpose that one has the core strength to overcome the challenges that lie ahead. The 'greater purpose' creates greater achievement.

Feb 08, 2019 05:13 AM
Rainmaker
2,977,262
Richard Weeks
Dallas, TX
REALTOR®, Broker

Have expectations, compensation, and roles in writing.

Feb 08, 2019 05:07 AM
Rainmaker
740,735
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

No. Time will tell how it works out.

Feb 08, 2019 04:46 AM
Rainmaker
1,827,177
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

My wife and I sell real estate

Feb 08, 2019 10:31 AM
Rainmaker
732,295
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I don't, but I've seen many that do; some successfully, others with a lot of screaming at each other.

Feb 08, 2019 09:01 AM
Rainmaker
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Yes.

Feb 08, 2019 08:34 AM
Rainmaker
672,370
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I know numerous agents who are parent/child, husband/wife, siblings. Like any relationship, some will work and some will not. Real estate relationships require patience, understanding, forgiveness, and all to stuff acticipated for any type of relationship.

Feb 08, 2019 08:20 AM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

Feb 08, 2019 05:34 AM
Rainmaker
2,782,770
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I do not. I wish you all the best. 

Feb 08, 2019 05:59 PM
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

my husband is licensed and works part time for me and we have no issues.

Feb 08, 2019 12:50 PM
Rainmaker
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Cate Griffing
West Magnolia Charm - Maywood, NJ
Home Decor Blogger creating beautiful spaces

I am working with my husband to run our painting company and my main piece of advice is having your own space. This allows you to get what you need done without being with one another at all times. I hope this helps a bit!

Feb 08, 2019 11:35 AM
Rainmaker
1,527,366
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

No, there are many teams with family members. I prefer to go solo & like them at the end of the day.

Feb 08, 2019 08:33 AM
Rainmaker
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Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty

Yes, with my Mother.

Jun 24, 2019 06:20 PM
Rainmaker
4,064,691
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

No, it most likely would not work, at least with my family.

Feb 13, 2019 06:57 AM
Rainmaker
3,981,041
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I would put boundries on paper for future issues

Feb 09, 2019 09:00 PM
Rainmaker
3,140,369
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

It can work but lay out the ground rules right away up front.

 

Feb 09, 2019 09:25 AM
Rainmaker
621,045
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

I had my great-niece working with me for awhile, As an assistant 

we had a few issues at first but once the rules were clear and she was getting her feet under her it became a really good experience.  I wish she was still with me but Alaska was not for her. I miss her!

 You can both learn from each other. It is important to remember the young have  fresh ideas, lots of energy and are more tech connected. He can be a real asset to you and you can be the same to him

Go for it with Gusto!

Feb 08, 2019 11:15 PM