The Whole Virtual Thing
While the downward pressures on commissions and market fluctuations have left the bricks and mortar brokers scrambling for ways to maintain any kind of bottom line, they are finding themselves forced into that corner of raising costs to the agents or cutting services or a combination thereof.
Going virtual helps relieve those pressures. At SMA we still maintain human support staff, considered by most to be the most critical element of any real estate brokerage.
A virtual model if done correctly still maintains the human components of administrative staff, easy broker access, strong social connections, associate brokers, and office manager, while holding and actually reducing the costs to agents.
"The concept of "virtual" in real estate is easy - the business lends itself to the non bricks and mortar environment quite naturally. What is not easy is staying connected and supported by the brokerage. This is the aspect of SMA that is unique and makes the concept of virtual sustainable.Terry Romel Agent SMA