BrokerPulse

RealTrends Q4 2021 BrokerPulse: Office consolidation, boosting agent productivity and core services capture rates continue…

2021 Website Rankings Now Live!

RealTrends website rankings highlights the top real estate websites across the country in 6 total categories for our annual brokerage website rankings.

Real estate teams vs brokerages

Steve Murray and Tracey Velt discuss the profitability of real estate teams vs brokerages, based on the results of the 2021 RealTrends Team Profitability Study.

Study: It’s true, real estate teams outperform brokerage firms

Surveyed real estate team gross margins were an average of 61.8% compared to an average of 13.8% for real estate brokerage firms.

NAR Names New Technology Team Leader

NAR Names New Technology Team Leader

The National Association of Realtors has named Glenn Shimkus to be vice president of strategy & innovation. Shimkus will work to establish a new strategy & innovation group, which will be housed within the strategic business, innovation & technology group (SBIT), launched last year to drive industry innovation and benefits to The National Association of Realtors members. Shimkus will report to Mark Birschbach, senior vice president of SBIT.

“Glenn has been heavily involved in the technology, real estate and investor communities for a large part of his career, and we are excited to put his knowledge to work for NAR,” said Bob Goldberg, CEO of NAR. “Glenn’s addition to SBIT will help push technological innovation that is beneficial to NAR members and the real estate industry.”

National Association of Realtors Glenn Shimkus

Shimkus’s strategy & innovation group will help to build and lead two teams announced at the end of 2018: the emerging technology team and strategy team. The emerging technology team will identify and evaluate emerging technologies and their potential impact on real estate. It will also identify opportunities to partner and build relationships with other organizations, companies and institutions researching and developing new technologies.

The strategy team will be closely aligned with the emerging technology team and work on strategic projects involving the National Association of Realtors investment companies and large technology players.

“As a long-time technology enthusiast and entrepreneur, I look forward to positioning NAR to foster innovative technology growth,” said Shimkus. “Our focus on building key relationships with emerging technology partners, academic and government researchers and private technology corporations will allow us to drive innovation in the real estate industry and keep our members at the forefront of technological change.”

Shimkus will be instrumental in launching NAR’s forthcoming strategic think tank, a network of world class business leaders and innovators from inside and outside of real estate. The think tank is a key component of the strategic vision Goldberg set for NAR when he was named CEO in 2017; it will provide insights to keep NAR at the forefront of emerging technologies and business trends that will guide the association into the future. Shimkus will also build on the success of NAR’s 2018 inaugural Innovation, Opportunity and Investment (iOi) Summit when it returns later this summer.

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