Commercial Real Estate Pro Network

Darrin: Shannon, Robnett, what is the biggest risk?

Shannon Robnett: I think in my business, the biggest risk is having the wrong people in the right places. You know, you talk about risk transfer. You know, I've always found that when I, when I'm looking for a property management solution, I need something that's customized to me that that is looking after my property like it's an asset. And so I could do that. And I could make that happen. And I could, I could become a pseudo property manager. But why not go find the best property manager in the valley that I've always admired and wanted to hire? And why don't I hire him and make him an offer, he can't refuse to make my mind machine run smoothly, and take that risk out of it. Now, I know that I have somebody that's tied to the bottom line that's financially responsible to me, for the well management of our assets, that's doing it in a phenomenal way. And I've done that in in several key places in my business. And I think that when you when you aren't taking care of your people, when you're not looking at the personnel you have, I think you're taking some pretty big risks. And so having great people that are in it, to win it that are part of your team, I think is the biggest way to mitigate that risk. And the biggest way to ensure that you're going to be successful is because you're partnered with the right people, you're working with the right people and you've hired the right people.