Hacker Connect January 16 in New York
An event for and by the real estate tech community

"We effectively moved everything onto the cloud," says Glenn Sanford, the founder and CEO of eXp Realty, a 2011 Inman News Most Innovative Brokerage Award finalist that has been at the forefront of the emerging virtual real estate world. After real estate income stalled beginning in August 2008, Sanford says in the video, he recognized that his company, after closing some offices, needed to develop a new business model.   "We needed to do it without the redundant staffing costs and brick-and-mortar expenses that had plagued us during that shift," he says. That meant the creation of a virtual office. "Our offices are actually 3-D immersive virtual spaces, similar to playing a video game online," Sanford says. It's all part of maximizing costs while fos...