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Thursday 31 August 2017

How To Develop A Policies And Procedures Manual And Management Guides For Real Estate

By Christine Wilson


The desire of any broker is to see their company operate without any hitches. However, this can be difficult to achieve without a good Policies and Procedures Manual and Management Guides for Real Estate. Find out how to come up with the same from the paragraphs that follow. You are surely up for an invaluable read that will educate you greatly.

To come up with a good office manual or guide, start by determining the areas it should cover. The document should contain all the basics such as the mission of the firm and operational procedures. However, you should only choose areas that are most relevant to your setting. Some of the most specific topics that you can consider including are ethical standards, communications, salary structures and terminations.

There are two main ways of developing an office guide. The first and the simplest way is through doing it internally. This involves purchasing a complete document that you can edit to suit your specific needs. This method is simple and mostly used by firms that do not want to spend a lot on the project. Alternatively, you can hire an expert who is familiar with producing similar manuals.

Hiring a consultant involves taking certain issues into consideration. You can find a good consultant through online search or referrals. Still, you can request for recommendations from a recognized professional association. Even though working with a consultant is costly, it is the best way to come up with a tailored document. Before selecting any expert, be sure they are reputable, experienced and certified.

The guidelines produced should be easy to read. It is critical that you settle on something that is friendly to the targeted users. It also needs to be attractive and not marred by unnecessary jargon. This implies that the language used throughout the draft should be concise and understandable. Labeling of all the topics, chapters and pages should also be done properly. This is important in allowing users to find what they are looking for effortlessly.

The distribution of the document is another important aspect to consider. Every staff in your office needs to know how to access it at any time. You should also ensure that every new employee is provided with a copy and they should acknowledge receipt of. Because real estate practitioners are always on the go, it is important to provide an online copy of the guide.

Updating a policy document is as important as developing one. Therefore, your real estate firm should come up with a good strategy of keeping it current. To achieve this, coming up with a workable maintenance plan is recommended. This is mainly because organizational priorities and rules must change to reflect market trends and changing laws. Involving an attorney before effecting any amendment is recommended.

Policies, procedures and guiding principles play a number of roles within any organization. They provide good understanding of the kind of relationships that exists between the directors, employees and brokers. They also offer conflict resolution guidelines to help in taking care of problems as they arise. Additionally, they allow staffs to work flawlessly even without the presence of management.




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