The vast majority of real estate professionals read the annual Swanepoel Trends Report for its analysis of the top developments shaping the industry. A phenomenal resource for agents, brokerages, associations, MLS firms and vendors, the T3 Sixty report offers in-depth research around what’s happening in real estate—from investment in tech innovation to the direct buyer phenomena to the latest brokerage models.
Jack Miller is the President and CTO of T3 Sixty, a team of strategic, technological and managerial experts in the residential real estate industry. The premiere consulting firm facilitates solutions for industry players throughout the US and Canada, leveraging their team’s vast experience and personal connections. T3 Sixty offers a wide range of support, including strategic development, technology audits, system design, operational improvement and continuous comprehensive market research. Jack has 16-plus years of experience in real estate, previously serving as the CTO of a boutique real estate brokerage that won Inman’s Innovator of the Year Award.
Today Jack shares his entry into real estate, explaining his role on the Keller Williams software development team as the firm grew from regional player to national franchise. He offers his take on the increasing importance of brokerage culture, the rise of the tech-enabled firm, and the impact of the recent influx of capital in the industry. Jack walk us through several current trends, including the legitimization of the FSBO model, the shifting role of the real estate agent, and the increasing velocity of brokerage expansion. He speaks to the best representations of the newer business models and the momentum of flat fee companies like HomeSmart. Listen in for Jack’s insight around T3 Sixty’s role in the industry and his advice for agents and brokers in the internet age.
What’s Discussed:
Jack’s unique introduction to real estate on Keller Williams’ software development team
The increasing importance of culture as part of the brokerage value proposition
How tech innovation has shifted from consideration to core requirement
The potential impact of the billions invested in real estate in 2017
The role of technology in the growing speed of brokerage expansion
The legitimization of the direct buyer (FSBO) model
Why it’s difficult to commodify real estate
The changing role of the agent as a consultant, counselor
The best representations of the newer business models
– Redfin, Compass and Opendoor
– Momentum of flat fee companies (e.g.: HomeSmart)
Why T3 Sixty is betting on the trend toward consolidation
T3 Sixty’s branding as the premiere consulting team for larger, more sophisticated companies
Jack’s advice for new agents around building relationships
How brokerages can recruit a specific audience of agents
Resources:
Connect with Jack Miller:
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