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Indie brokerage Nationwide Real Estate Executives joins eXp Realty

Housing Wire

Daryl Owen , the founder of top California independent brokerage Nationwide Real Estate Executives , is joining eXp Realty and taking 200 agents along with him. In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesday.

Brokerage 370
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Opinion: Real estate brokers are still buying and selling firms

Housing Wire

Rather than a multi-year average of EBITDA or Gross Margin as the basis for the value of a brokerage firm (or their related counterparts in mortgage, title, escrow, and property management), valuations now are based Trailing Twelve Months (TTM or LTM) results.

Brokerage 354
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How to Become a Property Manager in 7 Easy Steps

The Close

In my 28-year real estate career as a broker and coach, I have worked with many agents who have asked about either adding property management to their current business or becoming a full-time property manager. From the outside looking in, property management looks easy.

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83 Questions to Ask Before Hiring a Property Manager

Norada Real Estate

You don't have to tell us, finding a good property management company is hard. When we first started investing in residential real estate we went through several property managers, struggling to find one that was truly exceptional. General Property Management Questions 1) How long has your company been in business?

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eXp Realty Surpasses 80,000 Agents as Brokerage Continues Worldwide Expansion

RIS Media

Glenn Sanford, founder, CEO and chairman of eXp World Holdings recently commented on the accessible leadership traits that underpinned eXp’s success as what he calls “the most agent-centric real estate brokerage on the planet.”. “My 4 among the top 1,000 brokerages for residential home sales in the U.S. in its 2022 Power Broker Report.

Brokerage 111
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Redfin makes its big rental play with RentPath acquisition

Housing Wire

After a deal to be acquired by CoStar Group fell through due to antitrust objections from the federal government, real estate brokerage and listings portal Redfin has scooped up the Atlanta-based rental platform. ” Here’s how to find property owners ready to sell. It looks like RentPath will be sold after all.

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Vacasa to Shut Down Real Estate Brokerage Services in Q2

Broke Agent Media

BAM Key Details: Vacasa, a vacation home management company, is dissolving its real estate division in Q2, according to its recent shareholder letter. Vacasa , a vacation home management company, is off to a challenging start this year. This is following layoffs of 280 employees in October and 1,300 employees in January.