There have been major changes to the traditional real estate business model in the past couple of decades, but in order to survive in a tough industry, brokerage companies need to keep evolving. These 10 powerhouse firms have done just that and are reaping the rewards.
The real estate industry is saturated with agents and there are now fewer traditional transactions to go around. In order to stand out in the market, there are a number of things savvy brokers can do, including using the Internet to your advantage, building a team, having a solid business plan, acquiring a competitor, trying a new business model, using a virtual assistant, and diversifying your business.
Digital organization system, transaction management tool, content creation machine call it what you want, software programmes that help professionals, and especially mobile professionals like real estate agents, store, organize and share content are invaluable.
A summary of 20062010 Trends as reported by the Swanepoel Trends Report.Categories include: Real Estate Companies, Outside Players, Realtor Associations, Real Estate Data, Public and MLS, The Consumer, Globalization and Minorities, Real Estate Business Models, Knowledge, Skills and ProfessionalismProductivity and Profitability, Technology, The Internet, and Social Media.
Real estate CRM systems are a popular category of real estate software that usually make use of relationship based contact information and real estate data.