A recent article in The Wall Street Journal discussed residential real estate and the issues faced with working with Family Members. Our own Mark Olesh, Regional Director was quoted in the article.
The secret to a successful family brokerage, says Mark Olesh, South Florida regional director for Keller Williams Realty in Palm Harbor, Fla., is to treat even close relatives as nonfamily hires. Rather than simply “throwing them in a spot” because of familiarity, the firm offers training courses to allow agents to objectively assess each an incoming family member’s skills, he says. One person can be a better manager while another can excel at sales. Firing a family member can be even more difficult. And a professional mistake can easily seep into your personal life. If family members, “are fighting in the workplace, it’s not going to be fun at home either,” he says.