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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 389
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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 109
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Vacasa to Shut Down Real Estate Brokerage Services in Q2

Broke Agent Media

Vacasa , a vacation home management company, is off to a challenging start this year. And now, the company will be closing down its real estate brokerage division, which will go into effect on June 1st. But to be able to sell property management contracts—and keep their W2 position—agents must keep their licenses with Vacasa.

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How Property Listing Portal Can Elevate Brokerage Business

Realty Biz

Depending on the business model of the organization that runs a real estate portal, there may be two kinds of these marketplaces: For marketing properties available within ONE brokerage (Century 21, Savills, Keller Williams Realty). The ultimate goal behind such websites is to generate an agent commission upon closing a deal.