BrokerPulse

RealTrends Q32021 BrokerPulse sees brokers still optimistic about the market, wary of competition and wondering when inventory will rise.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Knock.com’s Sean Black on the transaction revolution

Real estate is on its third revolution, from the digital revolution of the early 2000s to the information revolution kicked off by Trulia and Zillow to today's transaction revolution.

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The RealTrends BrokerSource and HousingWire OpenHouse newsletters deliver twice weekly information on trends, strategies, analysis, people, and news shaping the real estate industry.

Central California’s BHGRE Haven Properties Acquires San Luis Obispo Realty

Central California’s BHGRE Haven Properties Acquires San Luis Obispo Realty

San Luis Obispo Realty Logo

Better Homes and Gardens Real Estate announced a strategic acquisition for a valued member of its network,  Better Homes and Gardens Real Estate Haven Properties, with the affiliated brokerage’s acquisition of San Luis Obispo Realty. The combined company will do business as Better Homes and Gardens Real Estate Haven Properties, doubling its agent count and market share to become one of the largest real estate firms in San Luis Obispo County.

This marks the brokerage’s second major expansion since joining the franchise network in 2016, highlighting how Better Homes and Gardens Real Estate helps affiliated brokers identify, assess and seize smart growth opportunities.

San Luis Obispo Realty Gavin Payne

Broker/owner Gavin Payne acquired San Luis Obispo Realty a year after acquiring Morro Bay Realty, another acquisition executed with Better Homes and Gardens Real Estate.

By working collaboratively with Better Homes and Gardens Real Estate, Payne has demonstrated that strategic acquisitions can be executed with efficiency. The broker’s and brand’s shared focus of market share growth, cost savings and cultural alignment helps ensure a successful transaction.

Better Homes and Gardens work with their brokers/owners on a regular basis to identify and structure unique and smart growth opportunities. This latest milestone will enable Payne to utilize the former San Luis Obispo Realty office as the combined entity’s new headquarters, providing a modernized workspace and ample room to accommodate the company’s ongoing expansion.

This realignment, combined with an increased market presence, enhances the brokerage’s ability to provide the luxury concierge service that has been integral to its success.

By joining the Better Homes and Gardens Real Estate Network, San Luis Obispo Realty’s agents will benefit from the broad suite of resources, technology and marketing materials to fuel their businesses. The San Luis Obispo Realty leadership team will remain with the company as agents and broker associates.

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