Context with Mike DelPrete
Steve Capezza: Lessons Learned across Real Estate
Oct 25, 2023
Steve Capezza, president at Side and former SVP at Zillow, discusses brokerage learnings, agent power, picking a funnel, leadership, Side's growth, the future of brokerage, and impactful tech in real estate.
26:22
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Quick takeaways
- Setting up a brokerage involves complex operational processes and compliance requirements, highlighting the challenges faced by brokerage companies.
- Building tight-knit networks within the real estate industry is crucial for top-performing agents, as these networks impact how offers are presented, listings are earned, and information is shared among agents.
Deep dives
The Complexity of Brokerage Operations
One main insight discussed in the podcast is the complexity involved in setting up a brokerage. The speaker emphasizes that operationalizing transaction creation, commissions disbursements, compliance, and liability for agents and consumers require extensive effort. This complexity is not widely known among those outside the real estate space and highlights the challenges faced by brokerage companies.
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