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47: Andrew Reece: Why Investing in Your People Makes Good Business Sense

By |September 25, 2015| No Comments

Andrew Reece, co-owner at InspectRealEstate, joins Real Estate Pros this week to discuss why investing in your people makes good business sense. We discuss the growth and success of the multiple businesses Andrew has built from scratch and how he empowers staff to become business owners themselves.

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Andrew Reece: Why Investing in Your People Makes Good Business Sense

Show Notes

Done properly, employee training and development can provide a company with a considerable return on investment. After all, people are usually the biggest asset an organisation has. The challenge to business owners and entrepreneurs wanting to compete both locally and in a global environment is the development of the people to manage the business and drive the sales.

Before starting InspectRealEstate, Andrew Reece co-owned ProRentals – a property management company in Brisbane which grew from a humble 30 properties under management to 1,756. Seeking the opportunity to provide the real estate industry with the same software he developed at ProRentals, Andrew and his business partner sold the business in 2011 to pursue what would be become InspectRealEstate – The customised, agent-branded, online booking system that allows prospective tenants (or buyers) to automatically book inspections online for properties.

Today, many ProRentals’ employees run their own businesses thanks to Andrew’s leadership style and its one that continues at InspectRealEstate – which has a small army of self-employed company evangelists.

There is so much valuable content in this episode with Andrew, so don’t miss it. Be sure to tune in to hear all his incredible insights and wisdom.

Please join us in thanking Andrew for being here today, and thanks to you as well for joining us. We’ll see you next time on Real Estate Pros podcast.

Fast Five

Who has been an inspiration to you throughout your career?

“Brad Jackson.”

What is your favourite thing in the world to do when you’re not at the office?

“Watching the maroons play and of course spending time with my family.”

What is your favourite business book?

Steve Jobs autobiography in audio book.”

What is your favourite technology resource you use daily to help run a better business?

Microsoft Office 365.”

What is ‘one thing’ that prevents people in real estate from achieving success and what would your advice be to overcome it?

“Doing it – I’ve been to conferences and heard people give advice on running a better business. The difference is I went away and starting doing it.”

What is your favourite success quote?

“STP – See The People.”

Fast Fact of the Week

Our recent consumer research discovered that 84% of renters and buyers never visit a real estate agency’s website during their search for a new home.

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