Michael Mahon is an executive with over 30 years of experience in diversified operations in the real estate marketplace. He relocated to California two years ago to assume the role of president of First Team Real Estate. The company has grown to become the No. 1 closed volume independent real estate brokerage in Southern California.
Rather than focusing on disruptors attempting to enter the real estate marketplace, Mahon is committed to creating benefits for the seasoned agents who have helped to develop the real estate market in Southern California. He created the First Team Real Estate Legacy Network, which is dedicated to sales associates who have been licensed in California for more than 15 years. The Legacy Network uses a business valuation model to determine the worth of an individual agent’s book of business and sponsors the transfer and sales process of the book of business to provide for a structured retirement plan. The Legacy Network allows agents to capitalize on the net worth they have built through the time and money they have invested in the local community and past clients. It also helps agents who are entering the real estate field build their careers for the future.
This win-win concept is built upon the idea that relationships are the foundation of the real estate industry. “There is no better investment in the real estate industry than investing in the relationships of your people,” says Mahon.