In the process of T3 Sixty interviewing industry executives, a number of trends were mentioned as having a lesser but still potential impact on commercial real estate. In this report …
MLSs have been consolidating rapidly. In this report, T3 sixty provides an action list to help association, MLS and broker leaders take the necessary steps to facilitate their own mergers.
Tier 2 firms are expanding through large acquisitions.
Consolidation in the real estate industry in the form of mergers and acquisitions (M&A) had primarily been generated by companies flush with cash or those with superior management talent.The primary driver has usually been to gain market share through expanded relationships or agent count. In 2011, however, there was another strong driver in the mix survival.