David Bailey, Author at Baird & Warner Lincoln Park

April 14, 2021May 6, 2021

Did You Know That Baird & Warner Can Give You a Team on Demand?

At Baird & Warner, we’re known for our unparalleled training opportunities that make it easier for new brokers to accelerate their success. But did you know that we also offer a wide variety of tools and resources designed to help experienced brokers increase their efficiency and generate more business — including the ability to assemble the team that you need, whenever you need it?

Agents at Baird & Warner don’t just have a few tools lying around to pick up and experiment with from time to time; they have entire workshops and a workforce of support staff that serve as the engine for their real estate businesses. This behind-the-scenes machinery is all designed to increase efficiency and drive production so that agents can focus on what’s most important – building their businesses.

For experienced real estate brokers, being able to have a team on-demand is an incredibly valuable service. Experienced agents are busy enough as it is; having to go through the process of staffing up a support team can be an enormous amount to take on. You have to figure out the job descriptions; post and manage listings on job boards; screen and interview candidates; go through onboarding; figure out payroll and scheduling. This can all become tedious and time-intensive, especially when you’re also trying to stay focused on generating new leads and servicing your existing clients.

And on the flip side of the coin, if you ever hit a stretch when you’re not so busy, you might find yourself paying for professional services that you don’t actually need at that time.

At Baird & Warner – Lincoln Park, our agents have the ability to build a team on-demand — getting the qualified assistance they need, when they need it, without having to jump through hoops. It’s all about giving busy agents time back to focus on the activities that matter most.

March 31, 2021May 6, 2021

Agent Spotlight: Virgil Jones

Virgil Jones Baird & Warner Lincoln Park Agent Spotlight

After years in the not-for-profit space, Virgil Jones made the leap into residential real estate — and his growing business is a testament to the power of hard work, building relationships, and continuous learning and growth.

Before transitioning into real estate, Virgil spent 16 years leading educational not-for-profit organizations. In his previous position as CEO of LINK Unlimited Scholars, a scholarship and mentoring organization, Virgil had the opportunity to search for, develop, and build a new headquarters for the organization.

“This experience drew me into real estate,” Virgil explains. “And although I continued to lead LINK for several years after we built this new facility, it piqued my interest in real estate. I learned so much from this experience, and was fortunate to work with top leaders and professionals in the market.”

Seeking a change and knowing that he wanted to pursue an entrepreneurial path, Virgil moved into the real estate space — and interviewed with many different brokerages before finding the right fit.

“I looked at probably five or six different brokerages. I went from small to some of the big-name ones,” Virgil says. “I heard of Baird & Warner, and I knew that it was a very professionally run organization.”

And once he interviewed with the management team at Baird & Warner – Lincoln Park, he was “pretty much sold,” he remembers.

March 22, 2021March 22, 2021

The Importance of Building a Relationship Business

The Importance of Building a Relationship-Based Real Estate Business

If you’ve been following the news lately, you know that there are some pretty substantial changes in the competitive structure of the real estate business going on right now. On a market-wide level, for instance, the real estate services site Zillow has recently been active in making acquisitions of smaller companies; by and large, Wall Street is having a bigger impact on what brokers do on a daily basis here in Chicago and around the country.

As experienced brokers know, the real estate landscape is ever-changing. But the more things shift and evolve, the more convinced I am of the incredible importance of building a relationship-based business that is not reliant on leads from third party companies.

March 17, 2021May 6, 2021

Agent Spotlight: Brendan Perlin

Community isn’t just a buzzword for Baird & Warner broker Brendan Perlin. Brendan was born and bred in Chicagoland — and he’s putting his local connections and expertise to work for a breakout 2021.

Originally born in Glenview, Brendan moved into the city at 18 to study at DePaul University, and he’s called Lincoln Park home ever since.

“I always find myself bringing up what ‘used to be there,’’ Brendan says. “Being in the city since I can remember, and seeing everything change building by building and neighborhood by neighborhood, I constantly find myself remembering, reminiscing, and bringing up the history to other folks.”

March 9, 2021March 10, 2021

5 Pitfalls to Avoid When Getting Started In Real Estate

Pitfalls to Avoid When Starting a Real Estate Career

Residential real estate is a career field that is exciting, dynamic, and incredibly rewarding — with nearly unlimited earning potential and endless opportunities for learning and growth.

It is also a career path that exemplifies the old adage, “you get out of it what you put into it.” Many of the decisions you make early in your career can have an enormous impact on your future — either setting you up to create the sustainable, lucrative, and flexible business you’ve dreamed about, or limiting your capacity to grow and earn over time.

Want to put yourself in the best position possible for success? Let’s explore five pitfalls or missteps to avoid when getting started in real estate:

February 5, 2021May 6, 2021

Agent Spotlight: Sarah Jaffe

There’s one piece of wisdom that Sarah Jaffe reflects on often — a quote from the writer Gail Sheehy:

“If we don’t change, we don’t grow. If we don’t grow, we aren’t really living.”

Sarah certainly is the living embodiment of growth and change. After all, she made the decision to dive headfirst into a new real estate career — in the middle of a pandemic.

“Real estate was probably never on my radar until May of 2020,” Sarah says. “I already know I made the right decision. There’s not a day where I look back.”

February 1, 2021May 6, 2021

How to Choose the Right Brokerage for Your Chicago Real Estate Career

How to Choose the Right Real Estate Brokerage

As you get started in real estate, joining the right brokerage is one of the most important steps you will take on your journey. The support of your brokerage is one of the biggest contributing factors to getting your new real estate business off the ground quickly and successfully. But with so many choices out there, how will you find the brokerage that will be the right fit for you — and for where you want to take your career next?

I encourage new-to-the-business brokers to look at seven factors when researching real estate brokerages. From most important to least important, those criteria are:

Access to management and support
Training and coaching
Office culture
Technology
Broker services
Business opportunities
Commission structure

December 28, 2020December 28, 2020

Chicago 2021 Market Forecast

2020 was an unusual year, to say the least. In the real estate industry, this past year really reinforced the importance of being able to adapt and pivot to new challenges, in order to keep business moving forward.

As we wind down the year, now is the time to look ahead — and start setting down goals and plans for 2021 and beyond.

Whether you’re an experienced agent doing some yearly business planning, or you’re considering whether or not now is a good time to start pursuing a Chicago real estate career, it’s important to know what’s going on in the market, and what we might expect to happen throughout 2021.

Like any marketplace, Chicago’s housing market is driven by two primary forces — supply and demand. Let’s take a look at where we expect those factors to be as we head into 2021:

December 22, 2020May 6, 2021

The Top 5 Things for New Brokers to Focus on When Starting a Real Estate Career

There are as many ways to build a real estate business as there are brokers — but in my experience, people achieve the greatest success when they invest time into executing a well-thought-out business plan that emphasizes their expertise and talents.

Here at the Baird & Warner Lincoln Park office, one of the first things we do with all new agents is sit-down with them to strategize how they want to build their business. In our office, our management team spends as much time as necessary with new brokers to help make sure their business plans and goals are ambitious yet achievable. Our management team also schedules regular check-ins throughout the year to help new agents closely monitor their progress toward their goals.

What goes into a real estate business plan? Simply put, this is the outline for what your business is going to look like, including your goals for the next year — perhaps even on a quarterly basis.

As a new-to-the-business broker, there are going to be five main things to consider when putting your plan together:

December 9, 2020May 6, 2021

Lincoln Park Agent Spotlight: Millie Rosenbloom

Millie Rosenbloom has had a long and celebrated career in Chicago real estate — and her unique perspective on the industry started at a young age.

Growing up, Millie says, her mom and dad used to buy properties to fix up and sell. She moved a lot during grade school, while gaining a lifelong understanding and appreciation for architecture, building homes, and the many kinds of work involved in real estate along the way.

Once she decided to start down this career path, Millie initially had something of a turbulent beginning.

“When I first started, I interviewed with Habitat. And they did not hire me because I didn’t have any experience. So I found a small little firm and went to work there, and six months later they closed their doors, unfortunately,” she says. “So I wound up going back to Habitat.”

This time, Millie interviewed and got hired. She then spent 15 years working her way up the ladder, eventually becoming part owner of the company. Over this span, she grew the brokerage division from 15 agents to 120, before selling it to Baird & Warner in December of 2007.

“And I’ve been here ever since!” Millie says.