Podcast: Ep#57 Real Business Opportunities with Jim’s Real Estate (ft Matt Lanigan Franchisor – Bayside and South East Melbourne)

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Today on Eden exchanges we spoke to Matt Lanigan, Regional franchisor for Jim’s Real Estate in Melbourne’s South East and Bayside area. Matt discussed his extensive business and startup experience and how he seized the opportunity real estate industry with Jim’s Real Estate.

Listen out as Matt covers key insights on  the Jim’s Real Estate business model, how to become a franchisee, how Jim’s Real Estate is selling properties in Melbourne and the extensive reach of the Jim’s network.

Discussion Points:

• Background
  Matt’s beginnings in business and his success as a multi start up business man
• Becoming a franchisor
  How Matt jumped at the opportunity to be a Jim’s Real Estate franchisor
• The comparison and commission structure
  Matt compares being a franchisee at Jim’s Real Estate with start ups and small businesses
• Why is this for Matt?
  Matt identifies the key reasons why he was drawn to becoming a a franchisor
• What Matt sees
  The benefits and the potential of Jim’s Real Estate and why Matt thinks this is a winning business
• Explaining the business model
  Matt explains how the Jim’s Real estate model differs from other real estate business models out there
• Profits and dividends
  How a Jim’s Franchisee makes their living and still has money in the bank
• What clients to expect
  The type of clients that Jim’s Real Estate is attracting and the potential reach
• Understanding the clients
  How knowing your territory and the clients well makes for good business
• Brand promotions and marketing
  Wearing the the Jim’s uniform at every opportunity and making connections in the community
• The power of the Jim’s network
  The ability to tap into one of Australia’s largest business network
• Relatable services and recommendations 
  Building a service network to cater to all your needs whether in the Jim’s Group or your mates
• Making a call or two
  Why it is important to explore your potential networks within and outside the Jim’s Group
• Knowing what is available in your area
  Being smart and knowing how to best service your clients with your regional limitations
• What makes a great Franchisee?
  Utilising perspectives to know how to sell to your area and understanding the clients wants and needs better than anyone else
• The do’s and don’ts of running a business
  Being cautious and planning your business. Utilising the Jim’s business model and making the business your own
• How to get in touch
  How to get in touch with Matt and how to make an enquiry