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Thinking of selling your real estate brokerage? Here’s how to prepare

Housing Wire

We’ve learned a few things along the way, and if you’re thinking about selling your real estate brokerage firm, whether next month or five years from now, one of our biggest pieces of advice can be captured in two words — clean data. Valuation – The valuation stage can also be considered the preliminary due diligence stage.

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Top Chicago team joins Compass

Housing Wire

She continued: “We did our due diligence and reviewed other brokerages. Compass continues to expand its agent count. Top-producing, Chicago-based team, Team Pimentel , announced Tuesday that it was leaving Keller Williams North Shore West to join the Robert Reffkin -helmed firm. Team Pimentel was ranked as the No.

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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. Owning a brokerage isn’t what it used to be More and more aging broker-owners are considering retiring or moving on from real estate. I would love to say they all went well, but they didn’t.

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GSE repurchase risk is rippling through the MSR market

Housing Wire

A fly in the ointment, however, particularly for some independent mortgage banks (IMBs), is the elevated risk of agency loan-repurchase demands — triggered by loans that violate Fannie Mae ’s or Freddie Mac ’s rep and warranty policies due to some defect discovered during the agencies’ post-origination quality-review processes.

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The homebuyer journey is changing – So should you

Housing Wire

While addressing all of these issues is important, should we not have more stories and conversations about how brokerages can capture the most important stakeholder of all? Let’s dive into two areas that technology partners and independent brokerages can align to ensure that demand is captured and more at-bats are won. claim dominance.

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Opinion: why real estate agents should serve their community

Housing Wire

When client-facing, agents can point to online ratings and further sources of information for their clients to conduct their own due diligence. Promotes agent team building From small teams to large brokerages, community service provides a platform for team building within firms.

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Top Five Brokerage Deal Killers

Realty Biz

It’s true that the math of the deal is a driver in the buying and selling of real estate brokerages, but if a brokerage doesn’t have enough income to the cover operational expenses and debt service while leaving something in the way profits for a buyer’s efforts, that deal typically doesn’t get very far in acquisition discussions. .