from Florida Realtor magazine,
September 2005
Realtor Advantage: How to
Make a Sideline Lead to Real Estate Sales
Are you too busy looking for real estate sales to open a
side business? Maybe you’d make the time if you knew it
would secure your real estate business. Here’s how one
Realtor® took a shot at it and hit a bull’s-eye.
by Ron Shema
After four years of development, I launched a side business,
the Gainesville Target Range, a private membership club. It
wasn’t an easy project, and it cost me a lot of time and
money to get started, but the payoff for my real estate
business has been huge. My real estate sales topped $5.6
million in 2004, and I have 40 closings coming up. My
clients are high-end professionals who have cash to buy more
property. The icing on the cake — many of them are paying
members of my target range too.
Here’s how my sideline business leads to real estate sales
and how you can set one up too:
1. Choose a Sideline You Know
You choose a real estate sales farm based on how well you
know the people in the farm, especially their real estate
needs. Think of your side business as taking your farm to
another level.
Guns have been part of my daily life since I was a child
growing up in Pennsylvania’s Pocono Mountains. I received my
first .22 caliber rifle with bullets when I was 11. My
experience with firearms continued into adulthood. I spent
four years in the Air Force and five years in law
enforcement as a police officer and criminal investigator.
After law enforcement, I changed careers to become a real
estate professional. Three decades later, I’m president and
owner of Ron Shema Realtor., but my interest in
firearms never waned.
2. Juggling Success
Even though it’s a side business, it must be successful by
itself, so it requires a huge commitment. You should expect
a difficult start up because the real estate business is
very demanding and must come first.
To do it right, opening the range took four years and nearly
$400,000. For starters, I had to make sense of local zoning
laws. There is no zoning for a target range in Alachua
County, but inside the Gainesville city limits, there was a
use-by-right provision for a target range under the light
industrial zoning laws. (The site is surrounded by other
industrial properties and there is no possibility of future
residential encroachment.) To create the range, I had to put
in a 600-foot roadway with water and sewer improvements.
Moving the dirt and building the berms cost $100,000 alone.
[See inset drawing.]
To help me manage the target range while I take care of real
estate matters, I hired a right-hand man. My range manager
handles the day-to-day business and is very capable — I can
be away from the range for weeks at a time. You need someone
you can trust.
3. Make It Reflect Well on You
Make sure the service you provide to the customers of your
side business reflects positively on you. When clients see
how well the range runs, they have more confidence in my
real estate business. I convey professionalism by
maintaining my target range as a beautiful park where people
can relax. I have a 100-yard rifle range and two 25-yard
handgun ranges. There are covered shooting positions at all
ranges, with room for 15 to 20 shooters each. I also provide
a covered pavilion with restrooms. The entire range is
accessible to people with physical impairments.
4. Cross-Sell Both Businesses
Because of our shared passion for the sport, I no longer
have to spend much on advertising my real estate business —
my target range members spread the word for me.
After target range members go through an orientation on
range rules and safety, I hand out my real estate card and
let them know that my real estate business financed the
construction of the target range. After one such
orientation, a new member told me he had refinanced his
apartment units and acquired $600,000 in cash. He wanted to
buy a $2 million shopping center. I sold him a $1.9 million
strip center. Most people who target-shoot are more
financially secure and become good real estate customers.
Everyone who buys or sells real estate through my company
gets a one-year free membership at the target range (valued
at $155 per year). They can come out as often as they want.
In addition, many of my real estate buyers send their family
members to obtain professional instruction on firearm use.
I mail out a newsletter for the range once or twice a year
and include information about my real estate business. I
also link my Web site for the target range (www.gainesvilletargetrange.com)
to my real estate company’s Web site (www.gainesvillerealty.com).
The Web site has led to some profitable real estate
business. One of my customers who moved to Florida from
Virginia found me online because he had been searching the
Web for a target range. He was a physician who enjoyed
target shooting and gun collecting, and he bought a $400,000
home. This has happened no fewer than 10 times in four
years.
After three decades in the real estate business, it’s
rewarding to be able to compete against big companies for a
listing and overcome what they offer. My side business makes
this possible — it’s one of the largest private clubs in
Gainesville, with more than 400 members, and it’s my
competitive edge for my real estate business. If you are
determined and follow your passion to start your sideline
venture, you can also see the same results.
Ron Shema is president of Ron Shema Realtor and holds the
Certified Residential Specialist (CRS) and Graduate Realtor
Institute (GRI) designations. The Gainesville/Alachua County
Association of Realtors appointed Shema to the Million
Dollar Congress for earning $1 million in real estate sales
each year since 1979.
Questions, comments or suggestions on this article? Send us
an e-mail: flrealtor@far.org.
© 2005 FLORIDA ASSOCIATION OF REALTORS
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I am here at your convenience
to assist you or your friends as a professional, sincere,
knowledgeable Real Estate Broker. I also wanted to better
acquaint you with my experience and the services I bring
to you.
I've been in the Real
Estate profession full-time since 1978 in the Gainesville
area. I hold the Certified Residential Specialist
(CRS) designation.
A Realtor® who has earned that designation is your assurance
that you are getting one of the top agents in the business.
In fact, less than 4% of all Realtors® in the United States,
and only 22 out of approximately 600 Realtors® in Gainesville,
possess the CRS Designation.
I have been appointed
to the Million Dollar Congress by the Gainesville/Alachua
County Association of Realtors® by virtue of achieving $1,000,000.00
in Real Estate sales each year since 1979. This has
continuously placed me in the top 5% in total sales among all Realtors® in this
area each year.
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Ronald J. Shema, CRS President * REALTOR® Ron Shema
Realtor
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What this means for you or any referrals
is that throughout my many years assisting buyers and sellers, I
not only have had the experience of closing over 1,000 transactions,
totaling millions of dollars in value, I have learned from every
one. Consistency: it's what separates me as a professional Realtor®
in the home market from the rest.
I can provide references
of recent clients that have used my services, many of which include
attorneys, doctors, and other professionals.
I would like you to look
upon me as your Real Estate counselor and never hesitate to contact
me should you need advice in any Real Estate transactions. From
the beginning to end as a buyer or seller, your satisfaction is
my objective. You may expect me to provide service excellence.
I'm available to answer any
questions and would appreciate your consideration in the future.
Sincerely,
Ronald J. Shema, CRS
President - Ron Shema Realtor
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