The radically new broker model this industry needs

  • Two of four broker fortress walls have fallen: automatic valuations and automatic home search.
  • The third wall, hyperlocal dominance, is at risk without immediate action.
  • A new Tech Broker Model (TBM) utilizing efficiencies, automation and cost savings must be implemented.

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If brokers do not drastically change their business model, they will become sub-contractors to the portals and other outside companies. Here are 5 strategies blending tech and expertise that could revive the broker profession as we know it.