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Real Estate

Broker Strategy

What’s the Value of Your Brokerage?

“The worth of a thing is what it will bring,” states the old English proverb. Many brokers have had a spectacular year and they’re taking personal stock. The question of value, while it seems simple enough, is quite complicated. There are many reasons for establishing a brokerage’s value such as Read more…

By Rick Ellis, 2 weeks2 weeks ago
Real Estate Brokerage

How Big is Big?

As the strangest of years comes to a wrap, it is amazing that after taking such a sideways turn early on, 2020 became an unexpected frenzy of activity for most in the industry. Nine months ago, few would have predicted the level of business real estate companies would see in Read more…

By Rick Ellis, 3 months3 months ago
Broker Strategy

What Really Drives a Brokerage Value

A Modern Day Heir A Florida broker was getting up in years and ready to slow down to enjoy the fruits of all his labor. Over coffee with his son he said, “it’s time for me to start planning my retirement and I’m thinking about giving you half the business. You’ll Read more…

By Rick Ellis, 6 months6 months ago
Broker Strategy

Brokers getting growth funding

“Make hay while the sun shines.” Medieval English farmers harvesting their hay coined the phrase as they watched the gloomy weather closely, making the most of small windows of changing circumstances. Most real estate brokers and agents today are enjoying the euphoria of rebounding market conditions as buyers and sellers are Read more…

By Rick Ellis, 7 months7 months ago
Broker Strategy

How do you determine your ideal time to cash out?

Arnold Palmer said, “timing is everything in life and in golf.” If Arnie had been a real estate broker, he would have added “and selling your brokerage.” Most brokers I meet admit they think about selling their companies but very few have a real plan for the timing of when Read more…

By Rick Ellis, 12 months12 months ago
Broker Strategy

5 Drivers of Brokerage Value

The New Decade is About Profits  It’s been almost twenty years since the Dot-Com Bubble Crash (moment of silence). Remembering back to 2000, the companies that were the darlings of Wallstreet and receiving obscene amounts of cash had several characteristics: Each was a disrupter and going to change the world They Read more…

By Rick Ellis, 1 year1 year ago
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