What is the office concept catching on in some brokerages that limits the amount of office space needed for agents?

The office concept that is gaining traction among brokerages and limits the amount of office space needed for agents is hoteling. This approach allows agents to reserve workspace as needed rather than maintaining a dedicated desk or office area at all times. With hoteling, agents can use shared resources and workstations, which optimizes space utilization and reduces overhead costs associated with maintaining large office spaces.

This system is particularly beneficial in environments where employees often work remotely or have varying schedules, as it enables the brokerage to provide sufficient workspace for agents without the necessity for each individual to have a permanent office. By implementing hoteling, brokerages can adapt to modern work habits, prioritize flexibility, and ensure that their physical resources align with the actual needs of their workforce.

Co-working, remote working, and flexible space address similar themes of shared or adaptable work environments but do not specifically encompass the practice of reserving desks and office space as needed, which is the hallmark of the hoteling model.