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Brokerage Bust: Real Estate Companies in Free-Fall?

By Catherine Tims | February 9, 2023
When it comes to how the economy impacts the job market, it’s not exactly rocket science: poor economic conditions have a ripple effect on dozens, if not hundreds, of industries. The real estate sector is no different - a recent round of layoffs among brokerage firms, large-scale agencies, and other professional real estate companies has […]
Real Estate Broderage
Brokerage, Featured News

The Top 10 Real Estate Brokerages in America

By Shanea Patterson | November 8, 2022
According to a study by the NAR, 87% of recent buyers purchased their homes via a real estate agent or broker. Most of them found that having expert help was key to discovering a home they wanted. It only makes sense that a well-established brokerage is bound to have more options on offer than an independent […]
Brokerage, Editorial Insider

What’s the real driver of value in a brokerage?

By Rick Ellis | September 26, 2022
“Why would I sell if I was making that kind of money,” he asked dismissively. The broker wanted to discuss selling his brokerage and cashing out. He had just voiced his thoughts on its value, and he had a really big number in mind. The discussion was complicated by the fact that the firm was […]
real estate broker
Brokerage

5 Steps to Becoming a Real Estate Broker

By Ben Shepardson | August 19, 2022
Have you ever wondered how to become a real estate broker? What are the steps to land this rewarding job? Selling or buying a house is one of the most challenging and significant financial decisions any client can make. With the rising real estate market prices, you can earn up to 6.9 million by selling your home! Of […]
Brokerage
Brokerage

How to find the right brokerage as a new agent

By Anita Cooper | February 21, 2022
Congratulations - you just passed the exam and you’re holding your freshly minted real estate license in your hand! So now it’s time to find a brokerage to work under.  You didn’t study sales contracts, finance and real estate laws to sit around and do nothing, right? You want to put that knowledge to use […]
Editorial Insider

How to develop a valuation for your real estate brokerage?

By Rick Ellis | August 8, 2021
I am often asked, “what is the multiple for valuing my company?” Most are generally surprised and somewhat annoyed when I respond simply with — “it depends.” There are numerous factors that impact value, no single, simple and accurate multiple is applicable. Even within the same market, comparable brokerages may vary greatly in value. Multiples […]
Featured News, Real Estate Technology

Tech-based brokerage Compass files for IPO

By Mike Wheatley | March 3, 2021
Spurred on by a booming housing market, the technology-powered real estate brokerage Compass said Monday that it’s planning to go public via an initial public offering later this year. Compass was founded in 2012 and has attracted thousands of agents due to its high-tech offerings that arm them with better data and analytics, marketing and […]
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