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.
F.C. Tucker, Indiana’s largest independently owned real estate firm, has joined forces with Front Porch Real Estate – a 190-agent independent real estate brokerage with offices in central and southeastern Indiana. This increases F.C. Tucker’s market share by 3.5 percent.
Lone Wolf is at it again, rolling up another broker-centric technology. The latest acquisition is Terradatum - a leading provider of broker market share and business analytics. Terradatum has been one of the leading providers of market share and recruiting reports for brokers for many years.
Closing Corp built a center of excellence around helping consumers understand the closing costs of a transaction. Today, Closing Corp’s software is used by the majority of the nation’s top 25 lenders.
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.
WAV Group is excited to have Larry Rideout, Chairman and Founder of Gibson Sotheby’s International Realty join us for an hour-long talk on Zoom scheduled next week on April 28th.
When George Slusser joined WAV Group to lead our Mergers, Acquisitions, and Valuations team, we all reviewed his book titled Acquiring Profit. I love reading old business books because time is a cruel fact-checker, and also because the thoughts of leaders in the past give us great guidance for our current forecasting predictions. Namely, don’t make them. When the book was written, the National Association of Realtors predicted that their membership would shrink from 820,000 to 500,000 by Y2k – the year 2000. At that time, there were also around 70,000 brokerages. The thought of industry leaders at the time [...]
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
Wow! Yet MORE Big News coming out of Zillow today! They just announced they are buying Showingtime. So many MLSs and brokerages use Showingtime - there will be big implications with this one.
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.