Below is an article that The Canton Journal published about the growth of
Buyer's Network, Inc.
Canton
Journal
February 4, 1999
by Tim Lavallee, Correspondent
Son has Mom & Pop Business Booming
On a hunch, Bob Simone, Jr. has taken his parents'
engineering and real estate business, The Rustlewood Company, Inc., and turned it into a
cornerstone. Now known as Buyer's Network- Rustlewood Co, a real estate buyers
agency, the mom-and-pop business started in their Rustlewood Drive home, and is on the
threshold of going national.
"My dad started this small company out of the house at
night," Simone said. Then, it was a nameless, one-man engineering company.
Eventually their address became the name.
"People would say, 'Go see the company on
Rustlewood,'" he said. "We didn't pick it, it kind of picked us."
After graduating Roger Williams College in Rhode Island in
1992 with a degree in architecture, he started building on his father, Bob Sr.'s, thriving
business.
Simone Jr., was designing everything from small additions to
dream homes. But some of the customers were coming in with property they bought
believing it would be great for their dream home. Simone said he had to tell them
otherwise.
"After it happened a couple of times, I realized their
would be a niche," he said. "We initially started offering our services to our
architecture clients." Though the architecture was the main business, the
office soon was overrun with referrals from previous clients to have Simone act as a
buyer's agent. Essentially, he acted as the real estate agent for the property
purchaser, a shift from the typical type of real estate agent who always represents the
seller.
"All of a sudden we became a buyer's agent," he
said. And by 1994, he had completely taken over the family business and founded the
Buyer's Network Trade Association. With 17 offices all around Massachusetts,
Simone's idea seems to be working.
He may have found success quickly, but it hasn't come without
obstacles. He took over the company after his father's diabetes worsened to the
point he needed a kidney transplant.
Simone's mother, Rita, who was still working as an agent,
left the business to care for her husband. Her care definitely took on an unusual
form. It is common, and often easier to find a matching kidney among blood relatives, but
Rita was a match and donated one of her kidneys.
"It was a real test for the family," Simone Jr.
said, whose sister Diana also works in the office as an agent. They were trying to
keep the business alive and trying to keep members of the family alive," he added.
Like most close families, the Simones made it through.
Ever since, Simone has focused on the business. He
sought a little help from his friends, bringing on fellow Roger Williams architecture
graduates.
"When I came into it, the company needed new
energy," Simone said. "It was funny that it was a bunch of young grads
that did it."
A three-ring binder in his office is filled with customer
forms praising Buyer's Network, Simone and about a dozen other agents. Simone is
credited for designing the first standardized buyer agency forms and the largest exclusive
buyer's brokerage association in New England. His customer accolades were validated
recently as he was named by Banker & Tradesman as one of the top 125 leaders making a
difference.
The architect says he still does some work to stay fresh, but
did not design his own dream home. Providing dreams come in different forms, he
bought the home next to his parents, which used to belong to his grandparents.
"I now live in the same neighborhood I grew up in",
he said.
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