PHOTO: Breaking News. FILE
It was only last week, we announced that eXp Realty has come to New Zealand via an ex- Ray White real estate agent. Now another real estate brand is making it’s way here.
Whilst it is under wraps to what brand that actually is – Property Noise can report, it will shake up the traditional real estate industry considerably.
Whilst there are a number of real estate ‘disruptors’ operating in the market like Tall Poppy and Mike Pero as a couple of examples – it seems they have reached their limit with growth of either offices or salespeople.
With real estate salespeople under pressure for income as a result of lower sale numbers, a real estate brand that offers a real difference could shake things up among the traditional real estate brands in particular.
Property Noise suspects that real estate salesperson numbers have peaked, and any growth that real estate brands gain going forward will be from real estate agents moving from one company to another. Those that can provide points of difference in a market that has massively less turnover have a real advantage in this changed climate, in our humble opinion.
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MORE TO COME….