With the rise of the technological age, many industries and strategies are changing quickly. One of the clear and apparent trends taking place is seen in that of the brokerages throughout the UK, as many brokers are starting to opt out for staying in a single location. In doing so, they maintain a broad reach to consumers around them, as they are able to use the internet and social media to raise awareness in ways that were previously impossible.
Key Takeaways:
- New technology allows people to communicate more effectively over the internet, reducing the need to move around to broaden your network
- After the financial crisis, people are less likely to take on the risks involved in moving to a new location
- A lack of confidence continues to be an issue in the wake of recent elections, including the Brexit vote
“Young people in particular lack mobility, as the share of people under-35 moving regions and changing jobs has fallen by 20% since the turn of the millennium.”
Read more: https://www.mortgageintroducer.com/brokers-dont-move-around-country/