A Perfect Fit
This jack-of-all-trades became a master of one: real estate.
URL:
http://www.entrepreneur.com/magazine/entrepreneur/2003/february/58914.html
Robert Blanton is a man who knows what he wants. That may be
difficult to believe from looking at his resume--he's owned
everything from a gym to retail video stores. But Blanton's
business experience helped him head in a new direction with a
RE/MAX franchise.
Blanton, 52, was drawn to real estate, because, he says, "I
was looking for something more labor-intensive than
inventory-intensive." More than three years spent learning
about the franchise as an agent convinced Blanton it was a right
fit. He liked its concept of 100 percent commission kept by the
agent, unlike agencies that keep a percentage. In April 2002,
Blanton opened RE/MAX Connection in Ellisville, Missouri, a suburb
of St. Louis.
As a new franchisee, "I look at recruiting and retention as
the top priority," Blanton says. In his previous businesses,
he perfected his recruiting skills. With high standards, he has
turned away prospective employees that didn't seem "high
caliber," which has helped him earn the respect of his
agents.
Blanton's adherence to his high standards and his honed
recruiting experience have paid off. After less than a year, he has
27 agents on the books and is pursuing more, exceeding the
third-year goal RE/MAX set for his franchise. He's already
expanded his office and expects to more than double its original
size soon.
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So, just what does Blanton want? To be No. 1, of course. His
goal is to fill his office with more than 100 agents, because, he
says, "no [other RE/MAX franchisee] in St. Louis has done
that." It's obvious Blanton won't be settling for
second best.
-April Y. Pennington contributed to this
article.
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