During a recent earnings call, a brokerage company discussed the potential for a business model change in response to challenges in the current housing market. Here are the key points from the call:
– Brokerage is experiencing a decline in agent count
– Decline in agent count is impacting revenue
– Housing market conditions are unfavorable for companies tied to real estate transactions
The discussion of a potential business model change suggests that the brokerage is exploring ways to adapt to the current market conditions and address the challenges it is facing. This proactive approach indicates a willingness to make strategic shifts in order to improve performance and navigate the ongoing difficulties in the housing market.
You can read this full article at: https://www.housingwire.com/articles/with-agent-count-sinking-remax-will-consider-business-model-changes/(subscription required)
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