10C — October 25 - November 7, 2019 — Women in Business — M id A tlantic

Real Estate Journal


Women in Business

Elaine Warga-Murray, Regency Management Group, Inc. “Focus on getting themost education you can in the field; and retain your character, compassion, and charisma”

ell us how and when you began your ca- reer in the profes- sion you are in: My back- ground is film and television and I started running a cable station for a large developer- in that position I wrote produced and filmed many video training programs for the 400 employees of the company- including cut- ting grass, irrigation, building maintenance, general asso- ciationmanagement operations and office administration. In fact, the company sent me to obtain my PCAM- Professional Community Association Man- ager -designation What is your current T

events etc. as part of things that are important to me and my performance a s a business owner. What challenges and or obstacles do you feel you needed to overcome to be- come as successful as you are today? One thing that is important is to be grate- ful. Overcoming obstacles is easier if you realize that you are responsible for your own happiness and that overcoming obstacles is a process that just has to be worked. One big obstacle is the con- flict between personal life re- sponsibilities and work respon- sibilities. Do you feel being a woman is an advantage, disadvan- tage or no advantage in to- day’s business world? Why? Why not? Initially being female was a distinct disadvantage, since most business owners in this industry were(are) men, but the workers are predomi- nantly women. Although the victim of sexism, I focused on helping women develop careers in this industry and am person- ally responsible for more 15 individuals getting their PCAM designations. One of whom own- ers a company she bought from a man and another who is a key employee in another manage- ment firm. Typically, I mentor women on how to accomplish growth while focusing on their strengths and over coming weaknesses. Writing scripts of what to say and how to say the appropriate words when dif- ficult situations arise. As a women business owner, I believe I have served as a role model and have helped il- lustrate how women can have power and still retain our femi- nine identity. Does that mean that sexism is not a problem? NO! As a woman, each of us has to be aware of the pitfalls of working in a man’s world and learn to navigate around prejudices and the biases of both men and women retain in this sexist society. What inspiring word of advice would you give to a young woman about to go into the field of commercial real estate or your allied field? Be your best self. Focus on getting the most education you can in the field; and retain your character, compassion, and charisma while improving your communication skills. Also network with other women in the field. 

How do you manage the work/life balance? My team are like family and colleagues and since I focus on helping everyone grow in the direc- tion that is their best career, I always focus on life work bal- ance. Personally, I have always scheduled personal time in my work calendar for self-preser- vation. Whether it was class mother responsibilities when my kids were little, to modify- ing my work schedule when my first and each subsequent grand child was born, so that I could spend two days a week taking care of them and being in their life. I also schedule spa days and vacations, special

Elaine Warga-Murray CEO and Owner

Regency Management Group Years with company/firm: 33 years Years in field: 36 years Years in real estate industry: 38 years Real estate organizations/affiliations: IREM, CAI, Monmouth County Realtors

a community it was a natural progression for me to start my own community management business. As an innovator, I developed many protocols that are standard in the industry and have always maintained my firm on the cutting edge of best practices.

position ? CEO and owner of Regency Management Group, Inc. Why did you choose the field/profession you are in today? Because I knew how to do everyone’s job and knew the best practices for the man- agement and maintenance of

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