Can the Middle-Sized Traditional Broker Survive?

failingHave you ever analyzed the business model your broker has?  Try to run the numbers sometime and see just how much profit the owners(s) of your real estate brokerage really earn. 

I learned a lot about running a mortgage brokerage and real estate brokerage from 1999-2002.  I’ve owned both and was successful with the former and a walking disaster with the latter.

 
Here is the deep, dark truth about traditional real estate brokerage as a business;

CLICK HERE FOR THE DEEP DARK SECRET 

 
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4 Comments on Can the Middle-Sized Traditional Broker Survive?

I cut and pasted this blog and sent it to my work email.  Going to check it out in the morning.  I'm quite confident it will be worth the gander...and then some!  Thanks Brian.

02/09/2007 05:23 AM by Jason Sardi, Pennsylvania Mortgage Broker (First Choice Equity Group Inc.)

Ok, sorry, I just couldn't resist and read it in its entirity already.  Very interesting.  I would love to hear your input on the former, the mortgage brokerage!?

02/09/2007 05:25 AM by Jason Sardi, Pennsylvania Mortgage Broker (First Choice Equity Group Inc.)

Brian,

Thanks for the post. I can't wait to see the followup article.

02/09/2007 05:44 AM by William Collins, Broker Associate (ERA Queen City Realty)

That was a great article Brian!  I was the TC for my former broker for a couple of months when our other TC went on an emergency maternity LOA too quick!  I saw the incoming and knew there was no way that the outgoing was less and the company was turning a profit.  They are closing shop at the office I was at today!

02/09/2007 09:27 AM by Renee Burrows - Las Vegas NV Real Estate (Nevada Realty Solutions)

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