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WAV Group's George Slusser and Victor Lund 'Write the New Book' on Real Estate Brokerage Mergers & Acquisitions
ARROYO GRANDE, Calif., Aug. 2, 2023 -- Acquiring More Profit is appropriately named, as the primary objective of any merger or acquisition is to increase a real estate brokerage firm's profitability and overall value. However, the authors believe (and show by example in this book) that successful acquisitions are more than merely financial transactions. They must solve a problem or provide an opportunity and the outcome must be beneficial to both the seller and the buyer on many levels, including the market perception, their future roles, family, agents, and staff. Today, there are more than 106,000 licensed real estate brokerages in America yet 58 percent of brokerage owners do not have an exit or acquisition plan. Even less know the market value of their brokerage. The answers can be found in a new book — Acquiring More Profit: The Definitive Guide to Successful Real Estate Brokerage Mergers & Acquisition — by renowned industry M&A expert George Slusser, who has closed more than 700 real estate acquisitions, and Victor Lund, real estate's top consultant to leading brokerages, franchises, and brokerage-related networking organizations. This book dives deeply into the process and provides a playbook that allows brokers to create and execute action plans for successfully buying and selling a real estate brokerage. The new book is a follow up to Slusser's best-selling real estate M&A book, Acquiring Profit: The Win/Win System to Real Estate Mergers and Acquisitions, published in 1995, the first book dedicated to real estate M&A. "For years, WAV Group provided brokerage clients with M&A information from the man who wrote the book about it," Lund said, noting that in addition to orchestrating hundreds of real estate mergers, Slusser also generated thousands of valuations for broker-owners. "Real Estate firms' operations of all sizes are significantly more complex today. SaaS systems, data licenses, transaction management, affiliate services, and other elements of a successful acquisition need to be considered for the transition to work. The investment in those systems and connectivity of those systems play a major role in the value of a firm today." Some 240 pages in length with nine chapters, Acquiring More Profit is being hailed in advance reviews as the "Definitive Guide" for real estate M&As. Moreover, Slusser and Lund are offering an exhaustive supplemental guide, complete with worksheets that allow brokers to contemplate and formulate the value of their company, or a firm they would like to acquire. Top industry veteran and leader Gino Blefari, CEO, HomeServices of America, Inc., and Chairman of Berkshire Hathaway Home Services, said the book is for "anyone contemplating buying or even selling a real estate company." Industry innovator and broker-owner Pat Shea, President & CEO of Lyon Real Estate, said, "Finally, a comprehensive, evergreen, and incredibly easy-to-digest blueprint of M&A success in the residential real estate space." A 100-plus-page supplemental book to Acquiring More Profit, the Acquiring Profit Implementation System, is available directly from the authors at wavgroup.com/amp. The supplement is robust: packed with what the authors describe as "many valuable time- and money-saving tools," including sample prospecting approaches, a non-disclosure agreement (NDA), Letter of Intent (LOI), contracts, transition plans, and samples of all the checklists mentioned in the main book. The new book is available in hardcover, soft cover, and digital starting at $40 and can be purchased online directly at wavgroup.com/amp or from all major online booksellers. About WAV Group WAV Group the residential real estate industry preeminent strategy and consulting firm, serving many of the industry's largest and most successful small businesses, including real estate brokerages, technology companies, and local, state and national real estate associations. The firm's diverse industry experience allows it to cross-fertilize ideas and bring best-of-breed solutions to its clients. More information is available at wavgroup.com.
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Former NAR CTO joins growing T3 Sixty Team
T3 Sixty Announces two new senior appointments, including Lesswing and Peterson SAN JUAN CAPISTRANO, CALIFORNIA – August 29, 2019 – Stefan Swanepoel, CEO of T3 Sixty, today announced two new vice president appointments in the company's growing technology division. T3 Sixty, a leading management consultancy firm in the residential real estate brokerage industry is also widely respected as a trusted and knowledgeable research firm with respected titles such as the annual Swanepoel Trends Report, the DANGER Report, the SP200, the Mega 1000 and others. Mark Lesswing, former Chief Technology Officer for the National Association of Realtors, joins T3 Sixty as Senior Vice President. Lesswing, who has acted in a senior technology role for over 30 years, started at NAR at the Center for Realtor Technology and has been involved in hundreds of industry projects and technology initiatives. Lesswing served NAR for 17 years and was promoted to SVP and CTO of NAR in 2006. During the past few years he has focused on best practices in transaction management platforms, cloud-based platform leveraging blockchain, machine learning and artificial intelligence. Jonathan Peterson, a former Vice President at Lone Wolf Real Estate Technologies for 14 years, joins T3 Sixty as VP in the Technology division. Peterson previous also worked as an Enterprise Account Executive with DocuSign and has consulted with numerous Brokers, Managers, and Owners to improve customer and partner relationships and strengthen their business by improving their use of technology tools. "The additional of another two powerful and experienced technology executives with successful track records solidifies the T3 Sixty Technology team as the most knowledgeable and experienced technology consulting team in residential real estate brokerage industry today," says Jack Miller, President and CTO of T3 Sixty. "As your strategic partner for technology thinking and counsel, we can help brokers and entrepreneurs make better decisions than they can make on their own," Miller stated. About T3 Sixty Serving the residential real estate brokerage industry, T3 Sixty provides real estate CEOs, business leaders, association and MLS executives, brokers and high-performance teams the knowledge, best practices and support to grow their businesses. The company does this through management consulting, training and in-depth research and quality publications, such as its hallmark Swanepoel Trends Report. The firm's consulting divisions include brokerage, technology, merges and acquisitions, executive search, and associations and MLSs. Find out more here.
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WAV Group's Kevin Hawkins Accepted Into Forbes Real Estate Council
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T3 Sixty Adds New Mergers and Acquisitions Services
Experienced M&A specialist Michele Conn joins the T3 Team. SAN JUAN CAPISTRANO, CA (AUGUST 03, 2017) - Mergers and acquisitions (M&As) have become an increasingly important part of the residential real estate industry. The pace of M&A activity and investments into the industry has skyrocketed. As of today, T3 Sixty, the consulting arm of the Swanepoel T3 Group, announces the launch of a new group focusing exclusively on the strategic evaluation, design, negotiation and management of mergers and acquisitions within the residential real estate brokerage and technology sectors. The group is led by Michele Conn, the newest member to join the T3 Sixty team and an executive with over 20 years of experience working with growing real estate and technology companies. Michele's deep experience in the category includes roles as: Principal at Moderne Ventures, an early stage venture fund and accelerator program focused on technology companies innovating in the real estate industry; Vice President of Corporate Development for Move, Inc. where she led over $55M of acquisitions including ListHub, TigerLead and FiveStreet; and 10 years at the Tribune Company, conceiving and executing strategy initiatives through new products, acquisitions and joint ventures such as CareerBuilder.com, Apartments.com, HomeFinder.com, ShopLocal.com and metromix.com. "Michele's expertise in mergers and acquisitions adds an additional level of service to our consulting offering," said Stefan Swanepoel, Chairman & CEO of T3 Sixty. "We are thrilled to be able to serve our clients with this additional capability." The T3 Sixty consulting team has grown rapidly over the past year. Michele is the fourth senior hire within that timeframe and joins Wendy Forsythe (head of brokerage consulting and T3 Fellows), Kevin McQueen (head of MLS consulting) and Aman Daro (head of marketing and publications). Together with Jack Miller (president and head of technology consulting) and Stefan Swanepoel (CEO and head of strategy), T3 Sixty has grown into the most trusted advisor and diverse consulting group to the leaders of the residential real estate industry.
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Adwerx offers free real estate marketing consultations to agents
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Solutions for High Growth - Four Companies to Create New Large Management Consultancy
San Juan Capistrano, Calif. (August 4, 2015) -- The residential real estate brokerage business received a recent boost when four existing consulting companies decided to work together to create the largest consulting practice to now serve the industry. Named T3sixty, the new management consulting company brings together RealSure Consulting, Recon Intelligence Services, RealEstateCoach.com and Miller Consulting. Technology expenditure, MLS fees and business consulting is estimated to annually exceed $3 billion dollars and still only has a handful of small management consulting companies serve this ever-growing industry. As part of the Swanepoel T3 Group this new consulting company will focus on market research, strategy innovation, scenario planning, change management solutions, technology evaluation and design and risk and compliance audits. Stefan Swanepoel, Chairman of the Swanepoel T3 Group, will serve as CEO of T3sixty while Jack Miller, the Chief Technology Officer is promoted to President of T3sixty. Jeremy Conaway and Tinus Swanepoel will respectively serve as Chief Business Development Officer and Executive Vice President of the company. The Swanepoel T3 Group, the largest publishers and most sought-after analysts in the residential real estate brokerage industry have this year already published four widely respected and widely referenced reports including the 2015 Swanepoel Trends Report (www.retrends.com), the 2015 Swanepoel Power 200 (www.sp200.com), the 2015 T3 Tech Guide (www.t3techguide.com) and the D.A.N.G.E.R. Report (www.dangerreport.com). This combined 600 pages of research spans a very comprehensive cadre of issues including, industry threats and risks, trends and shifts, opportunities, management and leadership, as well as software and web based solutions. T3sixty starts with nine professionally qualified consultants: Stefan Swanepoel, Masters in Economics, B.S., and Diploma in Arbitration Jack Miller, B.S. in Computer and Electrical Engineering Jeremy Conaway, Juris Doctor Tinus Swanepoel, B.S. in Mechanical and Aerospace Engineering Tom Mitchell, B.S. in Business and Finance Jared Conaway, Juris Doctor Chuck Curtis, Masters in Business Administration Bernice Ross, Ph.D. Leslie Ebersole, B.A. Statistical Methods See http://www.t3sixty.com/about-us/ for details. The Swanepoel T3 Group are champions of change and innovation and its management team with over 200 years of collective experience has provided extensive expertise and in-depth understanding in all facets of the residential real estate business industry including market research, business trends analysis, scenario and strategic planning, competitor evaluation, franchising, brokerage management, MLS and association management and technology. Team members have collectively authored over 40 books and reports spanning during every decade since the 1980s analyzing over 300 different trends and shifts. With acquisitions, consolidation, IPOs and technology rapidly changing the landscape of this once before cottage industry, there is a growing need for a multi-disciplined consulting company that can provide a broad based team of services and the long term continuity that larger staffed companies can more easily provide. T3sixty plans to guide and facilitate those companies that wish to obtain high growth and increased market share during these dynamic and fluid times of re-engineering and restructuring of an entire industry into a more professionally empowered, more technology enabled, modern-day consumer driven service industry. For more information visit www.t3sixty.com About Swanepoel T3 Group The Swanepoel T3 Group is the leading information and management-consulting firm in the residential real estate industry and is synonymous with superior market intelligence through a large portfolio of publications including its annual Swanepoel Trends Report, the SP200, and the T3 Tech Guide. Founded in 1998 by Stefan Swanepoel the group has served approximately seventy percent of the industry's largest franchises, brokerage companies and Realtor® Associations.
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PCMS Consulting Successfully Evolves A La Carte, Solution Based Model
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PCMS Announces New Technology Partnerships
In its continued quest to offer innovative solutions to the brokerage community, PCMS Consulting today announced two new technology partnerships within its Internet Services Group. The company has signed strategic marketing agreements with 1CAVO of Denver, CO and DigitalDocs.net of Orlando, FL. 1CAVO provides an outsourced internet lead management solution which combines lead management software with a call center that guarantees calls on internet inquiries within 15 minutes, 7 days a week. Founder, Bradley Miller, notes some disturbing statistics that is making this service very attractive to brokerages who believe they are missing revenue opportunities as a result of the fact that: 48% of internet leads are not responded to (California Association of Realtors); 7% of internet consumers are not ready to buy within 30 days but remain interested in more information (California Association of Realtors); and, 52% of internet consumers expect a response within one hour (California Association of Realtors). DigitalDocs.net, founded in 2001, optimizes real estate brokerage sales and profits through their Digital Closing Docs with Forever Marketing™ platform. This one-of-a-kind technology dramatically improves automated post-closing client contact for the real estate agent and also notifies the agent and broker when the client returns to the market, thus increasing repeat business. Since Digital Closing Docs™ integrates with the title agency it also increases agent capture rates (and monthly order count) of the broker’s owned (or affiliated) title agency. “Our Forever Marketing™ platform is the only technology of its kind that automatically keeps the agent linked to the client for as long as the homeowner owns their home.” states DigitalDocs.net founder Robert Reich. “Our industry needs to reinvent itself. Every service we offer and technology we represent helps brokerages do just that.” says Jose Perez, President of PCMS. “These two exciting partnerships directly address two of the most glaring weaknesses our industry struggles with: internet lead management and professional client follow up.” PCMS client, The Strata Group, a 200 agent, seven office brokerage in the Baltimore, MD area is in the process of implementing both of these products simultaneously and is optimistic they will provide significant returns. “We want to be leaders and innovators in our market. Both of these products will not only result in more business, but they will be excellent listing and recruiting tools that will clearly differentiate us from the competition.” states William Yerman, President and CEO of Strata. While 1CAVO began operations earlier this year, in addition to Strata, they already boast several other leading multi office brokerages as clients. “Many companies are struggling with internet leads due to the fact that it is not cost-effective enough to establish their own call center.” states Miller. “That being said, they realize there is a significant opportunity cost due to missed internet lead conversions.” DigitalDocs.net is an established player in the title industry with customers in 18 states. Their engagement with PCMS is a result of their desire to bring this highly successful and necessary service to brokerages that either have an existing in-house or outsourced title relationship. In less than 30 days, through the assistance of the PCMS team, DigitalDocs.net has already closed three transactions with brokerage companies and is in talks with several other large industry players.  
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