Exit Strategies for Real Estate Brokers

RISMedia's Real Estate Information Network Member Directory

Exit Strategies for Real Estate Brokers

By James A. Crumbaugh III Print Article

RISMEDIA, January 18, 2010—In the past six months, exit strategies seem to be a hot topic within the real estate industry. Personally, we had over 180 brokers contact our firm during 2009 to discuss selling their real estate brokerages.

These brokerages ran from over 3,000 Realtors to as little as 3 Realtors. However, I realized that I didn’t have the expertise to put these transactions together, so we went out and hired one of the top consulting firms in the country.

We ran into the same problem every time in trying to help these brokers formulate an exit strategy. If a brokerage is not making a profit, no matter how large they are, then they

Join RISMedia on Facebook and share your views on this topic. Visit www.facebook.com/rismedia to continue the conversation!

Looking for fresh, daily content for your blog, newsletter or website? REsource Real Estate Content Solutions provides access to thousands of RISMedia articles and videos starting as little as $9.95 per month! Visit resource.rismedia.com now and get publishing today!

RISMedia welcomes your comments and questions. Email realestatemagazinefeedback@rismedia.com.