The owner of a Detroit real-estate training firm is ready to part ways with his business.
Mike Pichardo told The Detroit News that he would no longer be selling real estate.
“This is a business that’s built on a philosophy of trust, and we are here to help you,” Pichardos CEO, Joe Bielby, said in a statement to The News.
“This has been a challenging and challenging time for me personally, as well as for the whole organization.”
Pichardo was hired as a real estate agent by a company called Real Estate Partners LLC in 2015.
The Detroit-area real-tourism destination has seen a dramatic spike in recent years, with growth exceeding $6 billion in 2018, according to data from Realtor.com.
Real estate agents and brokers also are among the largest in the United States, with an average revenue of $15 million in 2018.
Pichardot says he was hired by Real Estate Partner LLC to help them “find a new revenue source” for their business, and was also paid a commission of 1% on any sales.
In his statement to the Detroit News, Pichardi said that his decision to leave the company came after several discussions with the company’s management.
Piche and his wife, Lorna, have two children, the couple said in the statement.