Brokerages: Are You Leaving Money on the Table?
A recent Mergers and Acquisitions workshop, hosted by WAV Group, revealed a startling truth: many brokerages are undervaluing their businesses by overlooking a critical asset—buyer agreements.
A recent Mergers and Acquisitions workshop, hosted by WAV Group, revealed a startling truth: many brokerages are undervaluing their businesses by overlooking a critical asset—buyer agreements.
Historically, listing agreements held more weight in the value to the brokerage than a buyer contract. Is that changing?
The fastest growing firms seeking growth are deploying two primary avenues: merging with congruent brokerages and expanding into adjacent businesses.
There is very little clarity today about the fast spreading news that Realtor Association shareholders of RE Colorado have given notice that they intend to sell their shares of the MLS to a private equity firm. The Realtor Associations want out of their investment, and it doesn't really matter why. To date no MLS has ever been sold to private equity investors. Some MLSs have been sold outright to fellow Associations and MLS, but to our knowledge, we never seen private equity enter this space until now. This could set off a wave of transactions if private equity starts to pay attention to the profitable business models of Multiple Listing Services.
WAV Group has had the opportunity to collaborate with many of our clients to discuss the 11 positive side effects of successful M&A, since the publication of our book Acquiring More Profit.
Exploring the question of being a buyer or seller of your company is the best way to understand as to whether you are in fact the buyer, and when you might be the seller.
Don’t miss this comprehensive look at successful real estate brokerage M&A. WAV Group colleagues George Slusser and Victor Lund will be covering each chapter of their new book Acquiring More Profit: The Definitive Guide to Successful Real Estate Brokerage Mergers & Acquisitions, during the 9-part webinar series. Acquiring More Profit is a collection of the best practices and invaluable insights George and Victor have garnered over decades of M&A work and thousands of brokerage acquisitions. George Slusser, renowned as the foremost expert in real estate M&A today, has completed more successful transactions in this space than anyone else. As the Head of the M&A division at WAV Group, he continues to assist brokerages in finding profitable growth opportunities.
If you are thinking of buying or selling in these markets, having some predictive analytics on what will happen in the housing market should temper your opinion of the valuation of a brokerage.
Should you build your first brokerage or consider buying a business that’s already launched? These four questions can help a top-producing agent decide what’s next.
If you missed last week’s Acquiring More Profit webinar with Victor Lund and George Slusser, then you missed a great event. I would like to share some of the insights and takeaways we explored.
Selling a real estate brokerage isn’t like selling any other type of business. Here are 16 steps to take before the deal is closed.
WAV Group, takes great pride in introducing this groundbreaking book, co-authored by our esteemed colleagues George Slusser and Victor Lund. Acquiring More Profit: The Definitive Guide to Successful Real Estate Brokerage Mergers & Acquisitions is a collection of all the best practices George and Victor have perfected over decades of M&A work and thousands of brokerage acquisitions.