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To accomplish this, we are going to continue the full implementation of our operating model, establishing global offerings with full responsibility for offering development, delivery, solution design, and P&L accountability. In addition, we will sharpen our sales execution through a geographic market-based sales team. year to year.
The reduction to our cash incentives accounts for an additional 43 basis points improvement for an aggregate of 57 basis points of improvement in total agent economics, 57 basis points of improvement in total agent economics. million annual resale transactions in time. million to 5.5 I am cautiously optimistic about 2024.
We are undertaking this effort with a strategic and data-driven approach that allows us to identify additional opportunities for efficiencies, sets, monitor and maintain accountability against concrete KPIs and increased agility to adapt quickly as market or consumer preferences evolve.
> #CVC Mercado Libres MELI Fund made an undisclosed investment in Carflix, a Brazilian car resale marketplace. Venture investment in resale marketplaces is on the rise, with recent deals for new unicorn Kavak (cars), Trocafone (electronics), and Repassa and GoTrendier (clothing). > Knewin previously raised R$16.5m
Our track record of delivery for this customer over many years helped secure this deal, as did our ability to offer a comprehensive, flexible, and streamlined solution that includes automation and security bestpractices. The physical storage of documents accounts for approximately $10 million in revenue.
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