real estate agent

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Revolutionizing Real Estate: COMPANY RE’s New Model Transforms the Industry

In a groundbreaking move that promises to reshape the real estate landscape in Australia, COMPANY RE managing director Talei Watene has announced a revolutionary new agency model designed to replace the outdated traditional real estate franchise model. Comparing it to the decline of Blockbuster’s video rental business in the face of streaming services, Watene emphasizes that the existing franchise model is restricting agents’ potential to build lasting wealth and scale their businesses.

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“In an industry traditionally held by franchise models that rely on local offices and set territories, agents are starting to recognize that the traditional franchise model may no longer suit their needs in today’s real estate market,” she explained. “It’s like the shift from video rental to streaming. Without making radical change, the reality is that agents will be left behind as the real estate industry evolves.”

Breaking the Mold

Co-founded by Ms. Watene alongside leading Australian agency executives Bruce Cook and Marcus Buskey, COMPANY RE is poised to disrupt the country’s real estate market and challenge established norms. This innovative agency model offers agents the opportunity to maximize their earnings and achieve financial security without the burdens typically associated with traditional franchise systems.

Under the COMPANY RE model, agents benefit from:

  • High commissions with no fees
  • Full administrative support
  • Comprehensive marketing and contract management services
  • Passive income opportunities that extend beyond the traditional transactional model

In addition, agents are empowered to build businesses they can own, grow, or even sell in the future. This unique approach not only enhances agents’ financial prospects but also provides them with the tools and resources necessary to thrive in a competitive market.

Empowering Agents for Success

According to co-founder Bruce Cook, whose extensive experience in real estate and investment sales spans five decades, COMPANY RE allows agents to generate substantial monthly passive income in addition to receiving high commission splits on sales. This is made possible through a system where agents can earn as owners by building their own sales teams across Australia without any geographical restrictions.

“The real measure of an agent’s wealth is how much they’d be worth after their last sale,” Mr. Cook remarked. “We have created a business model that truly rewards agents for their contributions, helping them build not just a career, but financial security for the future.”

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A Fee-Free Future

Unlike traditional real estate franchises, COMPANY RE stands apart with its truly fee-free model. There are no franchise fees, service fees, transaction fees, or contract fees, allowing agents to focus on their work without the constant pressure of additional costs. This game-changing approach ensures that agents have all the necessary resources to succeed while retaining a larger portion of their earnings.

COMPANY RE is dedicated to servicing all aspects of the real estate industry, including:

  • Prestige and luxury real estate
  • General residential real estate
  • New developments
  • Special projects
  • Investment properties
  • Land sales
  • Commercial real estate
  • Leasing services

A Growing Team of Industry Leaders

Since its inception, COMPANY RE has already attracted 20 foundation agents, including notable industry leaders. Among them is David Bonifant, one of the founders of The Professionals real estate group, and award-winning architect Michael Witty, who has joined as a special envoy. The team also includes former Ray White sales and franchise owner Gregg Dove, further solidifying the agency’s reputation and influence.

With a focus on innovation, agent empowerment, and financial security, COMPANY RE is set to redefine the real estate industry in Australia. As more agents recognize the limitations of the traditional franchise model, COMPANY RE offers a forward-thinking alternative that aligns with the evolving needs of today’s market.

SOURCE: ELITE AGENT