There has been more talk about the hybrid business model in recent years with more agents moving away from high street only based agencies to models incorporating more technology.
Two former high street agencies have spoken about their experience of employing a hybrid model with Hunters franchisee, Graeme MacLeod saying “Estate agency is and always will be about people first, but that’s no longer just about face to face contact…”
Indeed this week saw the launch of eXp UK - a cloud based technology company offering agents the ability to set up online/hybrid agencies and reduce or forgo expensive office space. The company has received a strong endorsement as Mark Bentley, former head of the NAEA joined the brand and plans to power his own online agency with their technology.
You can read more about Appleby’s and Hunters’ experience with switching to hybrid models here.