BrokerAssistant.com was first established as a real estate brokerage operating in Wisconsin as Prosper Real Estate. In 2015, the company saw tremendous growth, expanding from the Eau Claire region to Wausau, then to Appleton/Oshkosh and Green Bay in an 8-month time period. Today, Prosper helps clients buy and sell properties all over the Midwest. You can visit Prosper’s marketing website at www.ProsperPads.com.
With this expansion came immense growing pains, and even though gross commissions had increased exponentially, the overall profit margin did not. In short, Prosper was doing a lot more work and not making any more money to show for it.
Examining the data, Prosper realized that labor had skyrocketed with the expansion and all of the increased revenue was being burnt up by paying a larger staff.
Prosper management then looked into different ways to decrease labor costs and increase profit margins, which led to several trips to the Philippines to train staff members to take over jobs that were currently being performed at the corporate headquarters.