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Is Owning a Real Estate Brokerage Profitable?

Marco Santarelli

If you are thinking of starting or expanding your own real estate brokerage, you might be wondering how profitable this business can be. However, with proper planning and execution, real estate brokerages can be highly profitable ventures. Is owning a real estate brokerage profitable? property management market is worth $88.4

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What’s the real driver of value in a brokerage?

Realty Biz

The broker wanted to discuss selling his brokerage and cashing out. In fact, it was his own large team within the brokerage that provided both his personal income and covered much of the fixed overhead. (My The single most important asset of a brokerage is the agents, and they are free to leave at any time… which they do.

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Setting the Stage for a Record Year

RIS Media

Since then, his brokerage has grown to include 14 frontline agents, three licensed inside sales agents, six licensees in supportive roles, three property managers and 12 administrative specialist team members. The post Setting the Stage for a Record Year appeared first on RISMedia.

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How to Start a Real Estate Brokerage in 2023 (Without Going Broke)

The Close

Let’s talk about your dream of starting your own real estate brokerage. After all, having your own brokerage means more money, more autonomy, and greater responsibility. I’ve launched two brokerages, invested in two more, and coached dozens of broker-owners. 7 Things I Wish I Knew Before Starting My Real Estate Brokerage.

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Meet Tom Wilkins, the First Better Homes and Gardens Real Estate Franchisee

Realty Biz

To set the stage, the Wilkins family has been in the Poconos for four generations. Less than a few days later, he was in New Jersey at the corporate headquarters with every intention of being the brand’s first real estate brokerage. The brokerage is complemented by a property management and relocation divisions.

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How to Get a Colorado Employing Broker License

The Close

Employing brokers can manage brokerage offices and employ associate brokers to work for them. This short course will teach you the laws, business practices, and rules required to manage and operate a brokerage. First things first: In Colorado, a real estate agent is referred to as a broker.

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Meet The Real Estate Tech Entrepreneur: Michael Lucarelli from RentSpree

GeekEstate

Though most technology has been geared toward institutional property management companies, around 50% of all rental units are owned by individual investors or ’mom & pop’ landlords. We deploy our software through existing integrations with 300+ MLSs, Brokerages, ILSs, REALTOR® Associations, and transaction tools.