Q:
What is ReStar Advisors?
A: Created in 2008, ReStar Advisors is a private organization comprised of highly credentialed, principled and motivated individuals who provide advisory, brokerage and investment services to discriminating owners and users of commercial real estate.
Q:
Why was ReStar Advisors created?
A: The organization was created to provide corporations, institutions and individuals with a different, non-traditional choice among real estate service providers, and to offer ReStar Advisors professionals a formal, flexible avenue for exchanging information and ideas, contributing to solutions on interesting, challenging assignments, and, when appropriate, assembling a performance team on behalf of a client.
Q:
How is ReStar Advisors different?
A: The real estate service industry historically has operated under a limited number of service models: super-large national/international firms, "networks" of independent service companies, regional and local private firms, and affiliations of practitioners who have earned a particular designation. We know of no service model that collectively:
- Focuses on individuals, not companies
- Captures talent from a broad geographic base
- Limits enrollment to a small, workable group
- Seeks representation from a diversity of important specialties
- Establishes lofty standards for participation
- Uses a group juried selection process to determine who can join
- Qualifies entry on the makeup of the entire person -- not simply
a practitioner's education, professional experience and accomplishments.
Q:
What criteria are used to qualify participants?
A: Individuals are considered for enrollment based on:
- Exceptional credentials (education, experience, client base, deal
complexity)
- Reputation for honesty, integrity and fairness
- Open, collaborative, positive business demeanor
- Uncompromising commitment to achieving results for their clients
Q:
How does a potential client access ReStar Advisors?
A: ReStar Advisors enrollees operate independently, either as sole practitioners or as specialists within small to medium-sized unaffiliated commercial real estate firms. An owner, investor or user working with any ReStar Advisors enrollee automatically gains an "intellectual pipeline" to the knowledge, insight, recommendations, resources, and buyer and seller connections the entire group.
Q:
Does ReStar Advisor change the way participants run their business?
A: No. Most existing real estate service models require that participating firms change the way they do business, or establish benchmarks for how and how often participants will collaborate. Pressure to meet these standards and benchmarks can result in business that is unprofitable, unwise or unsatisfying, for both practitioners and their clients.
ReStar Advisors is a new and unique system driven strictly by the advantages - as opposed to the pressures - of collaboration. ReStar Advisors imposes no collaborative obligations whatsoever on its enrollees. Enrollees conduct their local business as usual, and participate in "solution sessions" on challenges brought forward by other enrollees only as needed or desired.
Q:
Is ReStar Advisors essentially a real estate "think tank" benefiting clients?
A: In some ways, it is. Enrollees meet semi-annually and are encouraged to confer regularly in seeking innovative and timely solutions to real estate challenges brought forward by their respective clients. Advice within the group is offered freely, honestly and without reservation.
The connection between or among enrollees reaches beyond "think tank" status whenever they decide to link arms in working on behalf of a specific client. Again, there is no obligation to join ranks, and enrollees are perfectly free to confer and collaborate with advisors and brokers outside ReStar Advisors.
In essence, for high-level practitioners and their clients ReStar Advisors represents:
- Opportunity without obligation
- Commitment without bureaucracy
- Collaboration without constraints
Q:
Who is the ideal client for ReStar Advisors?
A: The ideal client for a ReStar Advisors is an owner, investor, or end user who:
- Might be unsatisfied with the current service models
- Enjoys a trusting, one-on-one relationship with a ReStar Advisors
consultant or broker
- Acknowledges the value of "multiple minds" seeking solutions to
challenges
- Embraces the concept that what you represent as a person is as important
in business as what you know or can deliver
|
