Peter Lohmann is launching a boutique real-estate brokerage funded by his property-management business, which generates strong, repeatable revenue. He hired a senior executive from a major global brand to build a 30-50 agent firm using a hub-and-spoke model, with property management as the stable core funding commercial and residential sales.
Chapters
We're getting a lot of doubles and triples in property management these days, right? Like, it is our bread and butter. The revenue and margins are to where we can do a lot of really cool stuff, like be very intentional about building a real estate brokerage. I know some of my best friends and people in masterminds with me have intentionally gone away from real estate brokerages, and I'm leaning into it. We were lucky enough to find a high-powered executive that was disenchanted with a huge household name, worldwide brand in the real estate world. And he's like, I want to come back and make a boutique play and work with, you know, 30 to 50 real estate agents. And help them. And so yeah, I'm skating towards real estate brokerage too. It's kind of like the hub and spoke, right? Like the hub will always be property management, being really great at doing real estate, being really good at doing commercial or whatever, you know, the hubs are and just making it a who issue. So we have a really fantastic who that's beating that drum and actively recruiting real estate agents.