Perfect Situation’ for Mother/Son Team
By Miranda Gathercole – Langley Times
Running a business with your son may be next to impossible for some mothers, but for Cindy Faulkner it is the perfect situation.
She and her son Mike Donovan have collaborated together to create an all-in-one mortgage broker and real estate office, BrokerSmart.
Located in the Jeske Building on the corner of 200 Street and 72 Avenue, both Faulkner and Donovan are dual licensed realtors and mortgage brokers, and have created a network within the corporate building to provide clients with legal, life and home insurance services all under one roof.
They also run a sister company in the same office, Coastal Mortgages, to work with clients looking for mortgage broker services.
“It’s more convenient for our clients, they don’t have to drive around to all different places,” Faulkner said. “We do everything, which makes it so much easier.”
Instead of home buyers and sellers having to deal with a separate real estate agent, mortgage broker, lawyer, insurance agent and more, at BrokerSmart they only have to deal with one person.
“Lots of people find it really overwhelming,” said Donovan. “It can be pretty stressful trying to pull everything together, but we make the process much simpler. We are like the project managers for real estate.”
The two Walnut Grove residents also make the perfect team, balancing each other out through Donovan’s educational background and Faulkner’s experience working in the industry for more than 20 years.
Though sometimes it’s hard to put work aside when at Sunday family dinner, Faulkner says watching her son grow in business is a very rewarding experience.
“It’s family, I raised him so I know his ethics,” Faulkner said. “I know how he would handle certain situations and it gives me comfort because I know I can rely on him. I know I can trust him and the trust factor is huge.”
“If you can make it work, it’s the better way to go,” Donovan added.