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| Advice for Brokerage Owners Getting Ready to Sell |
| Commentary by Bryan Brooks |
New York Times best-selling author and award-winning innovation expert Jeremy Gutsche has predicted that by the end of the decade, only 40 percent of the Fortune 500 companies we know today will still exist in a meaningful way. The rest will essentially disappear. If this trend holds true in the real estate industry, of the 80,000-plus U.S. brokerages currently in business today, only some 32,000 will exist in just a few short years. That's a lot of brokerages that'll go out of business or be acquired by other companies. The industry headlines already support this trend. In recent months, we've seen many noteworthy brokerages sell. Four of the largest brokers in the country—Pacific Union ...
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Purchasing a home often comes with a hefty price tag, but a surprising new report from Zillow shows that it costs a pretty penny to sell a home as well.
