What Was the Best Business Investment You Made in the Past Year?
Four pros share their best investments
April 1, 1996
- I bought a note from a seller to facilitate a sale. The buyers had made a $4,000 downpayment and borrowed $6,000 more to round out the downpayment. Then I bought the note from the seller for $5,000. I made the sale, received the commission, and got a good note at a discount.—Hoot Gibson, First Valdosta Realty Inc., Valdosta, Ga.
- We added a $14,000 voice mail system. We were behind the times and couldn't handle calls professionally, so we needed to play catch-up. —Don John Edwards Sr., president, Century 21--Dear Realty, Washington, D.C.
- I expanded my company into property management. After a friend asked me to manage all her single-family homes and I accepted, I realized there was a great need for those services in our area. —Martha Hughes, property manager, Jack Hughes Realty Co., Dothan, Ala.
- We merged with another company and later affiliated with a franchise. Then we chose software and computerized the entire office. —Charles Sandberg, broker, ERA--Real Estate Specialists, Anchorage, Alaska.
Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.