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Real Estate Team OS
048 Real Estate Teams by the Numbers with Andrew Flachner
Dec 17, 2024
Andrew Flachner, Co-founder and President of RealScout, dives into the transformative power of data in real estate. He shares findings from The Teams Report, revealing that 75% of teams anticipate significant growth. Discussions cover important metrics like team size, organization structures, and lead generation costs, highlighting the need for strategic lead nurturing. Flachner emphasizes the future potential for standardization and scale in the industry, providing invaluable insights for team leaders eager to thrive in an evolving market.
46:34
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Quick takeaways
- Approximately 75% of real estate teams anticipate a growth of 10% or more in revenue over the next year, fueled by optimism about market recovery.
- The average real estate team consists of 25 agents, but the median is six, highlighting diverse team structures and the role of non-agent staff.
Deep dives
Optimism for Revenue Growth
Around 75% of real estate teams are optimistic about achieving a revenue growth of 10% or more in the coming year, as indicated by recent survey data. This sense of optimism arises from various factors, including a significant reduction in existing home sales that suggests there is room for improvement in the market. Additionally, a large majority of respondents believe that recent events, such as the election and changes in inventory, will either positively or neutrally affect their business. The overall sentiment indicates that industry players are eager to capitalize on potential market recovery and improved conditions.
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