Real estate firm to employ nearly 1,000 innovative employees by year’s end

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Utah-based tech-centric property company Homie on Wednesday announced plans to expand its business and add 1,000 new buy-side realtors across most of its markets. The hiring blitz to bring about a wave of seasoned specialists is certainly in response to robust residence sales in Utah and additional border claims within the company’s market reach.

The business currently operates in five states: Arizona, Colorado, Idaho, Nevada and Utah.

“We’ve divided our Realtors in our company to end up being more than the buy-side or higher helping persons to list homes,” according to Homie co-founder and CEO Johnny Hanna. “We have Realtors that just offer homes all day, each day, and others that assist you to tour homes all day long, every day. The traditional agent typically handles both sides of the transaction where we feel it’s just better for the consumer, and better for the procedure overall, to have someone that specialized, (who can be) even more of an expert for the reason that field.”

The company plans to employ brand new employees over the next several months, with most of them in Utah.

The increased give attention to attracting client agents comes at a time when the business is seeing record numbers of buyers attempting to find properties in today’s hypercompetitive real estate market, he said.

“Buy-side only agents give attention to helping our customers find the appropriate home because of their situation, making certain they bring more emphasis, expertise and focus on their customers,” he added.

In the last five months, the business has expanded its employee base by over 76% to attain its current degree of 440 staff - about 100 of whom are purchaser agents. Launched in 2015, the tech-enabled real estate organization has increased the full total number of client agents by 129% since the start of year.

“We’ve found that by hiring experienced buyer agents and freeing them up to accomplish what they carry out best, our overall customer satisfaction scores contain increased substantially,” Hanna said.

Utah’s housing marketplace is probably the hottest in the West with median charges for homes at almost $400,000, relating to research from the Kem C. Gardner Policy Institute at the University of Utah. He stated with listings of for-sale properties down 65% statewide from this time last year, demand is likely to be great as prospective buyers look for the ideal spot to purchase.

Hanna added that the coronavirus pandemic has got affected the housing marketplace in significant ways - including the jump in guys working at home - that contain exacerbated the previously tight residential property sector.

“People are moving out of apartments. They want a destination to call their own knowing that they’re likely to be there all day long, not going to an workplace,” he stated. “That’s where COVID has already established such a massive effect.”

Hanna said the company will make a serious push to fill the new positions as soon as possible to be ready for the elevation of the homebuying time.

“By the end of the year is what we were thinking about - when we wanted to hit 1,000 (buyer agents). We’d prefer to do that earlier than after,” he said. “(You want to bring) transparency to consumers, we feel they are worthy of that transparency. If we can get there sooner than after and save people money this spring which summer, instead of receiving all 1,000 by the finish of the year, it’ll be a win-win - a succeed for us and a succeed for consumers.”