07 Aug
Hi there
If there is one thing I’ve learned it’s that nothing stays the same. It’s true in life and it’s true in real estate.
With the current Olympic games well underway, the IOC and Saudi Arabia’s NOC have announced their partnership in hosting the first Olympic Esports Games in 2025. 12 years in the making, this collaboration is a huge leap forward in integrating the online and real world in the Olympic movement and signals a new era in competitive sports in the future.
From a business perspective, Greece has bucked the trend of the 4-day work week and gone the other way with a 6-day work week. It’s an opt in system designed to boost productivity and provide workers with the opportunity of additional overtime income. Unsurprisingly, there is some push back on this model, so it will be interesting to see how it plays out.
Here in Australia, we are still feeling the positive impacts of a flexible new way of working.
But success isn’t about everyone doing the same thing, it’s more about finding the right fit for you, your team members and your business.
Last year I interviewed Charlotte Lockhart about the results of a global 4-day working week trial. Of those who participated in the trial, over 90% saw an increase in both productivity and profitability and 73% reported they were happier and less stressed. I think these results clearly demonstrate the direct link between a happier workforce and great outcomes for the business.
Insights from Melbourne Institute and Roy Morgan revealed that in 2023, 40% of workers wanted to spend more time working from home than their employer allows, and a McKinsey report on the real estate industry found that 21% would switch jobs if they weren’t able to agree a flexible working arrangement with their employer.
All of these results just reinforce that a new way of working is a no-brainer for real estate agencies of the future.
When it comes to real estate, we are well on our way to an industry owned and AI driven new world.
You would be aware that we recently announced the launch of the REIP Nexus digital CMA, which delivers the most accurate appraisal information in just a few clicks without the hefty price tag of others.
PropertyMate are also shaking up the real estate industry with their hyper targeted social media marketing, representing a new and more effective way to market your listings and your brand. You can grab your slice of the PropertyMate business and start earning equity on your listings today. Get in touch with the PropertyMate team for more information.
I think most of us can agree that the way we used to do things isn’t necessarily the best way forward, and with innovation all around, it’s exciting to think about what our future might hold.
Until next time.
Stay connected,
Sadhana Smiles
CEO, Real Estate Industry Partners
