Special offer

Can the Middle-Sized Traditional Broker Survive?

By
Commercial Real Estate Agent with Matthews Capital Markets NMLS 2415712

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 

Comments(4)

Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life
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.
Feb 08, 2007 09:23 PM
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life
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!?
Feb 08, 2007 09:25 PM
William Collins
ERA Queen City Realty - Scotch Plains, NJ
Property and Asset Management

Brian,

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

Feb 08, 2007 09:44 PM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer
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!
Feb 09, 2007 01:27 AM