Sunday, August 27, 2017

Tips On Developing A Policies And Procedures Manual And Management Guides For Real Estate Companies

By Christine Wilson


Without guidelines, running any company can be extremely hard at best. This is because the staffs, owners and even clients may not know what exactly is expected of them. If you are seeking to develop a Policies and Procedures Manual and Management Guides for Real Estate, read a head.

You need to begin by determining the areas to be covered by your company policies, procedures and guidelines. All the basics from the mission statement of the company to general operational principles should be included in the document. It may not be easy to exhaustively discuss all the areas that need to be tackled as each firm has its own specific needs. However, the most common topics are brokerage relationships, commissions, termination of employees etc.

There are two main ways of developing an office guide. The first and the simplest way is through doing it internally. This involves purchasing a complete document that you can edit to suit your specific needs. This method is simple and mostly used by firms that do not want to spend a lot on the project. Alternatively, you can hire an expert who is familiar with producing similar manuals.

If you choose to hire an expert, there are few things to know. Most importantly, you need to choose the best consultant to piece together good guidelines. This involves doing your research to find a consultant who is not only skilled, but also experienced. You can look of contacts to consider online or through requesting for recommendations. Still, you can get help from your local realtor association.

The manual you create should be easily digestible. All the employees within the organization should not find it an uphill task to read it. The use of concise, clear and simple language when drafting the guide should also be encouraged. Whenever possible, the drafter need to make use of positive statements. Additionally, it is important to label each chapter in such a way as to make it possible for staffs to jump to the content they need.

The essence of coming up with an office manual is to make it easily accessible. Lots of thought should therefore go into deciding on the best ways to distribute it. Each employee, including new recruits, should know where and how to find a copy of any guide they are interested in. Online copies should also be available for salespeople who spend most of their time in the field.

Come up with a manual or guide maintenance plan. Organizational laws and priorities keep changing making it important to schedule regular reviews. Such exercises play a huge role in ensuring that policies and procedures used within the organization are accurate. In addition, the input of a certified attorney is needed when coming up with any guidelines. This is to ensure that the company does not contravene any law.

Effective operational guidelines play important roles in real estate firms. They ensure that everyone within an organization, from employees to management, understand the rules to follow. They also clearly define relationships and all organizational functions. In addition, they offer clear ways of resolving problems as soon as they occur.




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