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Updated almost 3 years ago,
How do you value a brokerage you might buy?
Hi everyone. Does anyone have any info on generally accepted/common ways to value a real estate brokerage to take over. Is it multiple of profit - what multiple? Any other ways folks have arrived at a price to buy or sell an existing established (30yrs) brokerage office (that is one of the National franchise names as well).
Thanks for any insights.