Tampa, FL, February 28, 2019
Young Upstarts, a news website that focuses on entrepreneurship, intrapreneurship, ideas, innovation, and small businesses, recently recognized The Welfont Companies Inc. successful journey to becoming one of the best entrepreneurial companies in America.
On August 15, 2018, Welfont Companies was awarded with the top spot in the real estate brokerage category of the INC 5000 Awards by being the fastest growing real estate brokerage company over a three year period. Even more impressive, in order to earn this ranking, they had to beat out 86,000 other real estate brokerages who were competing for this award. Welfont was also ranked #16 overall against every privately held business in the U.S., not just real estate brokerages.
Young Upstarts acknowledged Welfont as one of the only two companies that made the top 50 overall in both the Inc. Magazine and Entrepreneur Magazine rankings. They also stated that “this is proof that Welfont really does stand out from the crowd.” Young Upstarts also touched base on Welfont’s performance in all of these rankings based on numbers. They were 52nd out of all commercial real estate brokerages in the U.S. by annual transaction volume, and they also grew at a rate of 11,350 percent over a period of three years, which is four times the growth rate of any other company competing in the real estate brokerage category.
Young Upstarts asked Welfont representatives what makes them unique, and the response was something that was not heard before. In an industry where most brokerages specialize in either local, retail, office or industrial markets, Welfont said something different. They stated that they select a specific client with which to work: the undeserved and overlooked nonprofit sector. Unlike other brokerages, they were not competing with the big names in Commercial Real Estate (CRE), which made it much easier for them stand out.
Additionally, Welfont explained their internal philosophy to Young Upstarts called, Return on Relationship. It’s based on the concept of cooperation instead of competition, or in other words, the Welfont agents are asked to put their main focus on the relational and not transactional aspect of a deal. Rob Blakely, one of Welfont’s National Acquisitions Directors, initiated this philosophy first, but it eventually became something the whole entire marketing team practiced. They started believing that a transaction takes place due to the relationship, but they never forgot that the relationship also occurs because of the transaction. In other words, the Welfont team never loses sight of the fact that helping people meet their needs is always a good way to start a relationship.
Young Upstarts stated, “whether it’s building trust or creating strategic differentiation, it can be safely said that Welfont takes their clients and business peers seriously and has helped Welfont earn a solid reputation. They have a bright future, and they’re undoubtedly the rising star in the world of real estate.”
You can read the full Young Upstarts article here… http://www.youngupstarts.com/2019/02/28/welfonts-unique-journey-results-in-top-honors-from-inc-magazine-and-entrepreneur-magazine-as-one-of-the-best-entrepreneurial-companies-in-america/