Remove brokerage-services mergers-and-acquisitions
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Now is a great time for brokerage acquisitions: RealTrends Consulting

Housing Wire

While merger and acquisition activity has quieted amid the uncertainty, RealTrends Consulting’s Scott Wright and Steve Murray say now is the perfect time for firms to lay the groundwork for future deals. In fact, the sweet spot for acquisitions over the next couple of years is going to be the small one-office brokerage firms.”

Brokerage 440
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Mark McLaughlin returns to Compass

Housing Wire

The executive shake ups in the brokerage space are continuing this week, with Compass announcing that Mark McLaughlin is returning to the firm to serve as Chief Real Estate Strategist. McLaughlin previously became a key member of Compass in 2018 when the brokerage purchased his firm, Pacific Union , for north of $80 million.

Brokerage 370
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Opinion: Beware of the hidden losses of real estate mergers and acquisitions

Housing Wire

As someone who worked for a large, nationally branded brokerage for 30+ years, I had a front-row seat to many mergers and acquisitions. Back before iron-clad earn outs and claw-back clauses, I witnessed a time when two days after an acquisition announcement, the entire agent population walked out with the managers.

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Opinion: Creativity is required to succeed in real estate M&A today

Housing Wire

Given the state of the market over the last year, some have commented that the merger and acquisition market has gone quiet and that it is nearly impossible to get large deals done. Certainly, the expectations of brokerage firms did not change in terms of the multiple of EBITDA upon which valuations are based.

Brokerage 410
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Here’s how real estate brokers can aggressively attack operating costs

Housing Wire

As such, it certainly feels like that pendulum is a labrys slicing through our brokerage firms. For even the most astute operators, it’s been nearly impossible to get out ahead of a decline this sharp, resulting in brokerage profitability taking a huge hit. Retain and develop. Spend less money than you make.

Brokerage 410
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Pop the champagne, Compass hits major financial milestone

Housing Wire

But the Robert Reffkin -helmed brokerage has proved the naysayers wrong, at least for now. billion, which the brokerage attributed to a 19% year-over-year decrease in transaction sides to 54,207, combined with a decrease in the average home sale price, as the brokerage’s gross transaction value dropped 26% year over year to $56.8

Brokerage 370
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Opinion: What the ICE-Black Knight merger means

Housing Wire

The decision to allow the ICE – Black Knight merger to proceed announces the digital integration of the real estate value chain anticipated for over 25 years. Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading.

Lending 370