With Housing Rebound in Full Swing, Brokers Focus on Expansion
Interviews with Compass, Mark Spain Real Estate, and Carrington Real Estate
(Boonton, NJ, March 15, 2016) — For years, most brokers hunkered down and simply tried to survive the worst housing market in decades.
Now, brokers are starting to expand again. With the U.S. economy on the mend and the housing market coming back strong, a few companies are rolling out ambitious expansion plans.
One start-up brokerage has amassed cash from Wall Street and Silicon Valley, has hired a team of software engineers and is opening offices from Florida to California.
Another company aims to replicate a team-based approach that generates leads for agents.
And still another firm is using its mortgage and title muscle to support an expansion of its real estate brokerage.
Each company has its own strategy. For instance, one is investing heavily in bricks and mortar, while another aims to keep its office space lean.
Intriguingly, all three companies are focused on corporate-owned offices rather than franchised locations.
The March issue of Real Estate Broker’s Insider includes interviews with all three companies about their strategies.
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