Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

253
Posts
255
Votes
Matthew Nicklin
Agent
Property Manager
  • Real Estate Agent
  • Woodstock, GA
255
Votes |
253
Posts

Buying a Brokerage/Property Management Firm

Matthew Nicklin
Agent
Property Manager
  • Real Estate Agent
  • Woodstock, GA
Posted

I wanted to see if anyone in the BP community had any experience buying a Real Estate Brokerage that also does Property Management? I have the opportunity to purchase a Brokerage that does Property Management. I feel pretty comfortable with the deal on a high level but I am sure there are a lot of little things I also need to look out for. What is the average per door worth on the open market? I am sure it is variable depending on the area, number of doors, and commission etc. Like I said I feel pretty comfortable with the deal right now just want some input from others that have gone through the process.

Obviously I would utilize an attorney who specializes in Business Brokerages to facilitate the transfer, as I want to ensure it is done properly. Anything I should specifically request be included in the deal? I already have a few that both parties agree on. 

Any and all feedback would be greatly appreciated.