Leadership

Looking for a Killer CTO position?

by Marilyn Wilson on January 12, 2017

We work with tons of brokerages that say they want to look at their business in completely new ways. Companies that have been in the business for a long time though, cannot fundamentally change their approach for fear of losing agents and decreasing their market share. eXp REALTY is different. This company came out of the gate with a fundamentally different business model and an extremely unique approach to sales coaching, training and management. It is the Agent-Owned Cloud Brokerage®. Technology is absolutely at the center point of what makes eXp unique. Their industry exclusive use of a 3D immersive cloud office eliminates the need for the costly brick and mortar offices of traditional firms. . These cost efficiencies in turn allow the Company to deliver more value to their agents. They’re growing like gangbusters so they’re looking for a really smart and strategic Chief Technology Officer to help them continue to expand beyond the over 2400 agents and 42 state footprint they have established in a very short time. The ideal candidate will have strong leadership skills and will have a unique mix of understanding the needs of agents and their clients combined with a depth of technology vision and executional skills. As a key member of eXp Realty’s executive management team, this newly created position will act as strategic thought leader who will help drive the growth of the Company through the building of a scalable enterprise application through which eXp can efficiently serve its fast -growing international agent base. In addition, the CTO will drive the evolution of eXp’s Cloud Office to better serve the Company’s agents. The CTO will also be charged with developing a data strategy within the organization to leverage the vast amount of data available to the Company. This is a critical role in helping to shape and drive the future success of eXp Realty. The successful candidate currently holds, or has held, a visible and high impact technology leadership position in or around the residential real estate brokerage industry, should have a strong technical acumen and the ability to build and lead high performing engineering, product and IT teams. If you want to learn more about the position, feel free to reach out to me, Marilyn Wilson at Marilyn@wavgroup.com or call me at 805 748-9118 and I’ll be happy to tell you more about it.

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Man in Jail

  At WAV Group we work with leading associations and MLSs around the country helping them to find world class talent to continue an organization’s growth and evolution. We are lucky enough to be able to observe board dynamics, internal operations and CEO-led initiatives. As an industry, we are blessed with loyal leaders and followers who value the tradition of real estate and the process of governing the industry as well.  They clearly understand the unique needs of REALTORS® and are passionate about nurturing the real estate industry.  Many of them have long-standing personal relationships with many of their members and regularly “go to the mat” to help one of their colleagues succeed.  This longevity leads to continuity, solid community and effective methods for communicating key issues and advocacy. There is a potential downside, though, in our view.  Many Associations have had the same leader and in some cases, many of the same people on the Board of Directors for many years.  While the continuity of thought can be very valuable, it can also lead to staleness and complacency.  Without a continuous focus on the ever-changing needs of members and the clients they serve, Associations are in danger of becoming irrelevant and in the worst case, extinct. If you’re in a board meeting and you find yourself saying or even thinking things like “we tried that 5 years ago and it didn’t work” or “we don’t need to look at that” or “that would never happen here”, you may in danger of stagnation.  While we can all learn from experience, if we get jaded by experience we may miss out on exciting opportunities to renew the value and relevance of organizations. Historically our industry has valued long-term leadership – many of today’s leaders have been in the same seat for 20 or more years.  Some would prefer to move on to a new position with a new set of challenges, but it can be frowned upon.  Some real estate associations believe that the AE should sit in the seat for as long as they possibly can because they “owe” it to their constituency to do so. I would suggest that it may make sense to re-think this mindset.  While it doesn’t make sense to turn over Association Executives too quickly, the thought of bringing in fresh perspectives to critically evaluate the local real estate economy, programs, services and community relationships […]

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