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Top indie brokerage John L. Scott acquires Sterling Johnston Real Estate

Housing Wire

West Coast juggernaut independent brokerage John L. Scott Real Estate has acquired boutique brokerage Sterling Johnston Real Estate , based out of Redmond, Washington. The acquisition did not include SJA Property Management , Sterling Johnston’s property management arm.

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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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The Notorious POD Ep 20: Scott Brady on Integrated Brokerage + Property Management

Notorious ROB

As the country steadily moves towards #RenterNation, the future of brokerage may be in a combined horizontally integrated company that offers services in property management, leasing, and property sales.

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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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Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

Because the larger brokerage firms, historically, tend to represent more buy side than sell side, they “may be looking at a big loss of revenue,” says Murray. ” So, he recommends brokeragesmanage their companies away from a sales office-based culture.” in California.

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Most Brokerages Have Zero Counter-Cyclical Hedge

Notorious ROB

The market was crazy hot, and both mortgages and home sales were going stratospheric. With the enormous amount of money they were making, they made significant investments into rental properties. Sales plummeted. At the same time, their investment properties kept falling in value and renters started to miss payments.

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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?