M&A

RealTrending Episode 94: Brokerage Personnel Cost Trends, Biden’s $15,000 Tax Credit and M&A vs. Organic Growth

Here is a small preview of today’s interview. The transcript below has been lightly edited for length and clarity: Employment/Personnel Costs: In 2015, brokerage companies spent 31.8% of their company revenue or gross margin on employment costs. As we proceed closer to today, it’s declined to 30.8%. What this tells us is that brokers have […]