"Scale can be a super power if leveraged the right way. We need to be able to leverage that scale, so we looked for the areas that we could integrate."
"It's important to remain fiercely focused on enabling independence in the marketplace. When we partner with these companies as franchisees, that should be additive."
"I don't think you can ever stop your organic growth machine. You should always have that machine or organic growth and always be looking at the opportunity for agent, mortgage or title talent."
"Growth for growth's sake doesn't make any sense. If you are not thinking, 'What value does this bring to me, my agents and the consumers,' then how are you?"
Effective use of scale in business can enhance growth and value for customers. Integration of services is essential to avoid redundancy, while hyper differentiation is necessary to meet specific market needs. Maintaining independence in partnerships is crucial, and organic growth should not be overlooked. Mergers and acquisitions can drive growth, but they must be purposeful and aligned with the overall value proposition for agents and consumers. A clear rationale for acquisitions is vital to ensure successful outcomes.
Read at www.housingwire.com
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