As real estate teams expand, they often experience a variety of growing pains. Many face challenges in the hazards of scaling or struggle to gain efficiency as a larger team. But one of the most common (and least talked about) problems team leaders face with growing teams is retaining top producers.
A new report released by Luxury Portfolio International (LPI) found that the chaotic real estate market created by COVID-19 is slowly stabilizing.
The second annual State of the Luxury Real Estate report by LPI, the luxury marketing division of Leading Real Estate Companies of the World, found that luxury buyers are concentrating more on what is important to them—better and more convenient locations, making wise investments and a focus on sustainability.