What's Happening?
AZ Real Estate has introduced a new hybrid estate agency platform, AZ Alliance, targeting the self-employed agency sector in the UK. The platform aims to provide experienced agents with the necessary tools, brand, and support to operate independently while benefiting from the backing of an established firm. The initiative offers two models: Build, for agents with at least one year of experience, and Elevate, for those with three or more years. The platform's first signing, an agent from JLL, is expected to be announced soon.
Why It's Important?
The launch of AZ Alliance reflects the growing trend towards self-employment in the real estate industry, offering agents more autonomy and entrepreneurial opportunities. By providing a supportive framework, the platform aims to attract experienced agents seeking to leverage their expertise while maintaining independence. This model could disrupt traditional estate agency structures, encouraging more professionals to explore self-employment. The success of such platforms could lead to increased competition and innovation within the real estate sector.