A Day in the Life of a CEO and Managing Broker at Buckingham Investments
Anthony's day as CEO and Managing Broker at Buckingham Investments involves a mix of office and field work, including leading company meetings and training sessions on topics like "new contracts and agreements," and conducting property inspections, meeting with various professionals, and performing financial analyses; the latter recently included "comparing different financing options" for a client considering a large multi-property purchase.
Financial Analysis, Real Estate, Leadership, Client Interaction, Problem-Solving
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Anthony Walker
CEO/Managing Broker
Buckingham Investments
University of Southern California
Loyola Marymount University - MBA
Spanish & Other Languages, International Relations & Affairs
Real Estate
Real Estate
Honors Student
Video Highlights
1. A CEO/Managing Broker's day involves a mix of office work and fieldwork, including company meetings, training sessions, and property inspections.
2. Navigating legal and regulatory changes in the brokerage business is a significant part of the role, as demonstrated by the recent class action settlement.
3. Financial analysis is crucial, as the CEO/Managing Broker analyzes financial data, explores financing options, and makes investment decisions for clients, such as comparing financing options for multiple properties
Transcript
What does the day in the life of a CEO and managing broker look like?
So for me, I usually get into the office around nine or so. A lot of days we'll have a company meeting or a training session in the morning.
A bunch of agents are usually in, and I'm typically running that meeting or training session. Last week, we focused on the new contracts and agreements.
This is because the brokerage business is changing a lot this month due to a big class action settlement. I had to help navigate the company through that and how to respond in our legal environment.
Then, about half the time, I'm jumping in the car and driving out into the field to look at a property. We might be doing an inspection, meeting with physical inspectors, lenders, appraisers, and clients.
We go through the buildings we're selling, looking at different apartments and their layouts. We try to estimate potential rents, renovation budgets, and all that.
Then we decide if the building is worth proceeding on or not. In between, I'm probably doing some financial analysis.
Right before this call, I was doing financial analysis for a client considering buying four properties in Long Beach. We compared different financing options for those buildings and their impact on performance.
So, there's really a lot of different stuff you have to do throughout a day. That's kind of what I like about it too; there's a lot of variety.