As the owner of a real estate brokerage firm, you have invested years of hard work and dedication into building your business. But at some point, you may start to consider selling your company, whether it's to pursue other career goals or to retire comfortably. The question is: when is the best time to sell?
The Howard Hanna and HER merger is a huge win for Hanna Real Estate Services. This "merger" to expand services in Columbus, Cincinnati, and Dayton markets proves that a privately owned firm (albeit a very large one) can compete and succeed against the wall street funded competition.
WAV Group held a well-attended webinar last week on how to acquire real estate firms and creating a successful M&A Strategy. The panelists included: Larry Rideout, Chairman of Gibson Sotheby’s International Realty, Victor Lund, Founding Partner, WAV Group, and George Slusser who leads our M&A Advisory Division.
Today's announcement by Hanna Realty of the acquisition of Roy Wheeler Realty in Charlottesville, VA is another reminder that 2021 could be one of, if not the most, active consolidation year in real estate brokerage history
Often, I am asked, “when is the best time to sell my real estate brokerage firm?” An important benchmarking tool is to have a professional valuation prepared for your firm so you have a realistic starting point.