Larry Weltman is a seasoned professional based in Toronto, in the real estate commission advance industry. With a robust background in accountancy from the University of Witwatersrand, South Africa, Larry moved to Canada in 1986, where he has since made significant strides in enhancing operational efficiencies and customer satisfaction within the real estate commission advance sector. An avid sports fan, particularly of European soccer and Liverpool FC, Larry applies lessons from sports dynamics to his business strategies, emphasizing teamwork and performance. Committed to mentorship and industry involvement, he actively participates in sharing his insights on technology’s transformative role in real estate.
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Table of Contents
How did your interest in technology first intersect with your career?
Larry Weltman: Initially, I was drawn to how technology could simplify complex tasks and enhance efficiency in various fields, particularly in the commission advance space.
What sustainable practices are you most passionate about?
Larry Weltman: Whilst not my direct work space, I am particularly passionate about seeing energy efficiency and sustainable building practices. These not only minimize environmental impact but also enhance the long-term value and appeal of properties.
How do you stay updated with the latest trends in technology?
Larry Weltman: Networking with peers and others in the related industry and tech fields. This helps me stay at the forefront of emerging trends and best practices.
Can you share how your personal interest in sports has influenced your professional life?
Larry Weltman: Absolutely, sports have instilled a deep appreciation for teamwork and strategic planning. The dynamics of sports teams and their management have inspired my approach to operational strategy in my work.
What role do you think mentorship plays in professional development?
Larry Weltman: Mentorship is vital. It provides othersa with guidance, knowledge, and the confidence to navigate their careers. Personally, mentoring others is also a rewarding way to give back and stay connected with emerging talent.
What are some challenges you face when implementing new technologies?
Larry Weltman: The main challenge is overcoming resistance to change. Many industries have established ways of doing things, and introducing new tech often requires demonstrating clear, tangible benefits to overcome skepticism.
How do you balance your professional commitments with your personal interests?
Larry Weltman: Effective time management is key. I prioritize my responsibilities and interests to ensure there is a healthy balance, which keeps me motivated and prevents burnout.
What’s the most significant technological advancement you’ve seen in your industry recently?
Larry Weltman: The rise of AI and big data in analyzing consumer behavior and optimizing operational efficiency has been groundbreaking, providing new depths of insight and enhancing strategic decision-making, for buyers and sellers who work with our Realtor clients. And we are only seeing the beginning!
Looking ahead, what new real estate initiative are you most excited about?
Larry Weltman: I’m excited about upcoming projects involving smart building technologies that integrate IoT to create highly interactive and efficient living and working spaces. These initiatives not only push the envelope in property development but also promise to significantly enhance user experiences.
Jerome Knyszewski, VIP Contributor to ValiantCEO and the host of this interview would like to thank Larry Weltman for taking the time to do this interview and share his knowledge and experience with our readers.
If you would like to get in touch with Larry Weltman or his company, you can do it through his – Linkedin Page
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