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

Housing Wire

Over the course of our 40+ years at RealTrends Consulting we’ve brokered and/or advised on over 900 transactions in the residential real estate industry. This data becomes important at various stages of a transaction, and when it’s time to produce it, the process is radically easier if it is clean and organized.

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Andy Florance discusses Matterport acquisition, lead diversion portal models

Housing Wire

Just hours after announcing his firm’s acquisition of 3D scanning firm Matterport , CoStar Group CEO Andy Florance took to the stage in Scottsdale, Arizona, at HousingWire ’s annual conference, The Gathering , to discuss the news. The lead diversion model has genericized real estate brokerages,” Florance said. Brands matter.”

Branding 342
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Kevin Sears pulls back the curtain on NAR’s commission lawsuit settlement

Housing Wire

While the settlement protects roughly 1 million NAR members and hundreds of real estate brokerages nationwide, it does not provide protection for firms that recorded more than $2 billion in residential transaction volume in 2022, meaning that the nation’s largest brokerages are not protected.

Brokerage 369
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NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Housing Wire

Yun took the stage on Tuesday at NAR NXT , the trade group’s annual conference in Anaheim, California. He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real estate conditions before diving into forecasts for next year.

Sales 458
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HW Media acquires REAL Trends to combine two of real estate’s most powerful media outlets

Housing Wire

HW Media, publisher of HousingWire, FinLedger, and producer of Engage Events, today announced it has closed on the strategic acquisition of REAL Trends, the residential real estate industry’s leading report that ranks the performance of the top U.S. brokerage firms. HW Media is owned by Riomar Capital. About REAL Trends.

Branding 538
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Anywhere teams up with RealScout to facilitate the real estate journey

Housing Wire

Anywhere Real Estate partnered with agent-client collaboration platform RealScout to allow the company’s affiliated real estate agents and franchise owners “to engage, nurture, and convert clients at each stage of the real estate journey,” according to an announcement on Friday. How does it work ?

Staging 388
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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? According to a report by IBISWorld, the U.S.