Real Trends: Real Trending

On this week’s episode of the RealTrending podcast, we are joined by Scott Wright, a partner with RTC Consulting, the premier consulting firm for brokerage mergers and acquisitions, and business valuations for teams and brokerages. They've been collecting brokerage and team benchmarking data for the past 12 years.  Tracey and Scott cover the upcoming Dealmakers Conference and talk about the importance of benchmarking data on brokerage operations, including trends that they’re seeing in brokerage expenses, gross margin and how firms are valued. They also explore some of the innovative services brokers can adopt to enhance value and productivity, and talk about recent market dynamics and M&A trends. Here’s a glimpse of what you’ll learn: Occupancy and personnel costs are the largest expenses for brokerages, and reducing these costs can significantly impact profitability. Brokers can boost their value by adding creative services, increasing productivity, and focusing on scale. Teams can have value beyond a re