News that WeWork launched WeWork Space Services has rocked the real estate investment sector despite the company 's claim it 's not a brokerage . Many are nervous about introducing clients to WeWork , concerned they will be cut out of subsequent transactions when the client expands or moves . Google , which is launching the new leasing space service at companies with 250 or fewer employers , does n’t appear to be going after brokers ' fee revenue . WeWork defines SMEs as companies with up to 250 employees. Rather , the move is designed to keep tenants within its growing market . Nevertheless , it 's feared that given WeWork ’s size , the service will have an impact on brokerages .
News that WeWork launched WeWork Space Services has rocked the real estate investment sector despite the company 's claim it 's not a brokerage . Many are nervous about introducing clients to WeWork , concerned they will be cut out of subsequent transactions when the client expands or moves . Google , which is launching the new leasing space service at companies with 250 or fewer employers , does n’t appear to be going after brokers ' fee revenue . Rather , the move is designed to keep tenants within its growing market . Nevertheless , it 's feared that given WeWork ’s size , the service will have an impact on brokerages .