Nick Good and his Good Home Team has pulled up stakes and moved to eXp. We checked in with Nick to see what his new brokerage home has to offer.

The real estate industry’s transformation is creating a bevy of new business models that cater to specific concerns within the industry, mostly for buyers and sellers. But what about the agent experience? What are these new brands doing that enhances the broker’s ability to manage multiple agents and to create a business that generates wealth for more people? How are these new brokerage models — complete with iBuyer tools, virtual workplaces, and more technology — enhancing or creating opportunities for different teams looking for different things?

These are some of the questions — difficult ones, nonetheless — that Nick Good had to ask himself when he was looking to transform his business for his 10-member team — The Good Home Team.

While Good landed at eXp, he has some wisdom to share about his search, about what this particular business model offers his agents, and how he’s looking to the future.

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Briggs Freeman Sotheby’s International Realty, a major independent brokerage in North Texas catering to luxury real estate buyers and sellers, will celebrate a very special anniversary coming next year.

For this brand, 2020 will mark 60 years since the doors first opened at the corner of Lovers Lane and Preston Road as Ben R. Briggs Realtors with a small group of agents to start what would become one of the most significant independently owned boutique brokerages in Texas. Robbie Briggs joined his father’s firm in 1979, took the reins in 1983, and merged with Charles Freeman in 1989 to form Briggs Freeman Real Estate Brokerage. In 2010, Robbie bought Charles out and aligned with Sotheby’s International Realty to create Briggs Freeman Sotheby’s International Realty. 

What better way to celebrate a diamond anniversary than with a big real estate move!

Briggs Freeman Sotheby’s is upgrading its current Lovers Lane headquarters with a move to prestigious Turtle Creek Boulevard.

The move this fall makes room for the firm’s growing agent population and pinnacles the company’s 60 years of success, which will be celebrated throughout 2020.

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Staff Reports

After 20 years serving the North Texas real estate community, multiple sources have confirmed that Virginia Cook Realtors will close for business on April 15. The brokerage, which has five offices throughout the region, is helmed by its eponymous founder and executive officer Sheila Rice. David Griffin & Company Realtors, formerly a brand of Virginia Cook, separated more than a week ago. 

According to one source, the brokerage has just 67 homes on market priced between $3 million to $7 million, with only one sold since the beginning of 2019. We have reached out to multiple representatives with Virginia Cook for an official statement and have not received a call back. There’s no word on where exiting agents with the brokerage will land.

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Vivo Realty Group just launched a new membership-based business model that provides the infrastructure that agents need at an affordable, tiered pricing scheme. The brokerage has three locations in North Texas: Plano, Uptown Dallas, and North Oak Cliff’s Bishop Arts District. (Courtesy Photo)

As members of our editorial team cover the annual National Association of Real Estate Editors conference, a recurring theme is the transformation of the traditional real estate brokerage. The existing model, industry disruptors say, no longer serves the individual agent. 

Locally, more and more brokerages are touting their digital assets, using social media and mobile apps to make real estate transactions easier for buyers and sellers. But what about infrastructure?

“The real estate industry is not just changing, it’s changed,” says David Maez Jr., co-founder and broker at Vivo Realty Group, which launched their new subscription-based brokerage model. “We had to think, ‘What’s wrong with the way we have been doing things for over 150-plus years?’ The brokerage model has failed to innovate and deliver what agents need: Flexible pay structures, places to meet clients and work from that are easily assessable, contract, and marketing support.”

So Vivo, with three offices in hot North Texas neighborhoods — Plano, Uptown Dallas, and North Oak Cliff — made a new model that fills the gaps of independent agents without sacrifices.

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