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Residential Real Estate Broker Launches Hybrid Virtual Business Model
A hybrid company combines tradition with a virtual office approach.
Beggins, head of 250-agent Century 21 Beggins Enterprises in Apollo Beach, FL, calls his approach "global brand, virtual platform."
Beggins operates five brick-and-mortar offices in the Tampa area, but tells Real Estate Broker's Insider that he's expanding to other parts of Florida with a high-split offering modeled in part on the growing popularity of virtual companies.
For each transaction, agents pay a transaction fee of $295, plus an 8 percent franchise fee. Beyond that, the only expense is a $149-a-month desk fee.
Details on Beggins' approach and what's next for Century 21 Beggins Enterprises appears in the November issue of Real Estate Broker's Insider.
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"Real Estate Broker's Insider" provides residential real estate agency broker/owners with actionable news and information on managing their businesses for greater profitability.