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Real estate teams are constantly changing but are solo agents going to be able to keep up? 🤔

Name: Real estate teams are constantly changing but are solo agents going to be able to keep up? 🤔
Uploaded: 2024-02-14T20:09:39+00:00
Duration: 21 s
Channel: Real Estate Team OS
Description: A short YouTube interview from Real Estate Team OS (Feb 14, 2024) featuring Jim Reme, a team pioneer who built a 17-person office on the team model. Reme…

14 Feb 2024 · 0 min

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A short YouTube interview from Real Estate Team OS (Feb 14, 2024) featuring Jim Reme, a team pioneer who built a 17-person office on the team model. Reme predicts that real estate teams will become the dominant market players, capturing roughly 60–70% of gross commission income (possibly up to 80%), and argues solo agents will face difficulty competing at scale; the clip also references per-agent productivity and profitability in team models and ends with a promotional call-to-action.

Questions this video answers

He predicts teams will grow to 60–70% of overall GCI and that it could go to 80%.

A 17-person office.

60 to 70% of GCI. Maybe 80% will come from real estate teams. That's the prediction of a team pioneer. He built a 17 person office on the team model decades ago. The past, present and future of teams is discussed in our latest conversation. Here's a quick go with Jim Reme.
Where do I see teams going is an interesting question. I think teams are absolutely going to be the dominant players. I think right now I see teams growing to 60 to 70% of the overall GCI in the country. I think that's where we're headed. It could go to 80%. I see that it's going to be very difficult for individual solo agents to compete with them at scale. Not that you won't see people doing 2030-50 transactions very very successfully but people getting hired in that without a team would be very difficult.
Learn more with Jim about per agent productivity and profitability in the team model in our latest conversation. Give it a click.