Commercial Real Estate Encyclopedia
Business Planning >> III. Design Business Processes and Operating Model
<< Team Building

Extended Capabilities

Importance
  • Extending Your Capabilities through businesses and professionals outside your team can increase your value to your client and create new business opportunities for you.
Extended Capabilities

Now that you have designed your core team and your team's targeted service offering, it is time to think about how you can extend your capabilities beyond your team. Your client will have a full spectrum of real estate needs, and although you may be geared toward delivering superior value for a specific need, you may be able to create synergies with other business or service lines for yourself and for your client.

Different organizations vary in the level and spectrum of their service offering that you may draw upon. Look at what resources, professionals, business and services lines are available to you inside and outside your organization. Through your market analysis, you might have also noticed who the players are in other real estate service specialties.



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