Effectiveness is vital for achievement in New York’s competitive real estate landscape.
Director of Operations, Racquel Balkaran, stands out in this sector with her expertise in streamlining infrastructures and crafting groundbreaking strategies. Her innovative and insightful approach has transformed how operations are conducted in real estate.
Racquel’s story in this industry is a testament to her determination, creativity, and resilience. Her path demonstrates the art of thriving in New York’s ever-evolving market.
“I grew up in Brooklyn, New York, attended school there, and went to college in Manhattan, so I have always had an affinity with the New York,” she says.
“Initially, I was drawn to journalism; however, during my college internships in the entertainment industry, I realized my true passion was real estate.”
Despite starting her career in New York City’s real estate without a license or extensive knowledge, Racquel quickly made an impact with her determination.
She emphasizes the importance of integrity, expertise, client-first approach, and intentional leadership, stating, “My focus has always been on providing clients with everything they need, first and foremost.”
Racquel also highlights the significance of understanding both the market and the people involved in the transactions, revealing, “In this industry, success comes from understanding not just the market but also the people behind every transaction.”
Her approach to operations management combines traditional business practices with appropriate technology to stay ahead, crucial for client support. This strategy was pivotal in her role in assisting with the launch Trove Partners, where she was instrumental in various aspects, from brainstorming to ensuring legal compliance and brand rollout.
As a key player at Trove, Racquel manages a wide range of tasks, from overseeing transactions and advising team members on deals to handling operations, boosting employee productivity, and liaising with clients and vendors. She also contributes significantly to the company’s strategic discussions.
Racquel’s success largely stems from fostering an efficiency-centric culture: “Efficiency in real estate goes beyond just saving time; it’s about optimizing every aspect of the operation to deliver the best results for clients.” Her focus on efficient processes ensures her team’s optimum performance.
Her expertise extends to managing listings, developing operational systems, and spearheading various initiatives, ensuring compliance with regulations. Notably, Racquel has integrated technology into operations, drawing from her experience as an Executive Assistant at CreateMe Technologies.
In her experience, “Technology is a powerful tool that, when used wisely, can significantly enhance our operational efficiency.”
However, central to Racquel’s philosophy is cultivating strong relationships with clients, founders, and team members. All of which is underpinned by effective communication and trust.
In New York’s unpredictable real estate market, there is no doubt Racquel’s agility and foresight are key.
“Being proactive and adaptable to market changes is crucial,” she asserts. Her strategy is always to stay ahead and adjust quickly,” she adds.
As a team player, Racquel values empowering her colleagues and fostering a collaborative, innovative culture.
“Each team member brings unique insights; harnessing these collectively is key to our success,” she remarks.
Racquel’s vision for the future involves transcending traditional efficiency concepts, focusing on value creation, and enhancing customer experiences through innovation and ethical practices.
Jason Bennett, CTO and CIO of CreateMe Technologies, who has known Racquel for four years, praises her highly.
Speaking of her expertize, he says, “She is smart, capable, and organized and has always shown tremendous initiative,” and adds, “I would be comfortable throwing her into just about any project, knowing it would be done in a high-quality and timely fashion.”
He credits Racquel with contributing significantly to their shared projects, saying, “In multiple instances, she picked up and drove projects forward that were not even part of her job.”
Jason recalls her invaluable assistance during challenging times. She was also tremendously helpful in building the company’s physical infrastructure and security capabilities.”
In conclusion, Racquel Balkaran is recognized for her exceptional leadership and operational efficiency in New York’s real estate sector, where her innovative approaches and adaptability make her a significant figure in this dynamic industry.
