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Change of Work Status Leads to Buyers Change of Heart
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Vija Williams: Teams Are The Exciting Future Of Real Estate
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Real estate teams will need to be increasingly nimble and versatile in the coming years to protect their place in the real estate field, industry experts said at a virtual panel.
Chris Stuart, president of Place Inc., said that he believes teams today are often chasing the wrong priorities in their efforts to grow their revenues and operations, losing sight of important considerations such as net income and the consumer experience.
“That is, by definition, the result that we all need to be focused on to not just preserve the value of the real estate agent, but [to] expand it, extend it, insulate it,” Stuart said.
The Washington, D.C., team’s move was one of many similar gets for eXp in recent months, but while talking to Inman about the switch founder Jonathan Lahey made an notable point about what guided his decision: He wanted to expand easily, but without the headache of starting a new brokerage or franchise.
Jonathan Lahey
“In the next stage of my business, I want to be able to help other agents in other markets,” Lahey explained. “But looking at some options, I’d have to buy another franchise. EXp didn’t have all those limitations. I didn’t have to buy an eXp franchise.”
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