HousingWire
Owning a real estate brokerage may seem like a lucrative business, but in reality, many brokers struggle to turn a profit. Despite the appeal of running their own operation, most find themselves facing financial challenges due to high overhead costs, intense competition, agent commission structures, and ineffective business strategies…
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Why most broker owners don’t turn a profit
Jason Mitchell
13:23
Owning a real estate brokerage may seem like a lucrative business, but in reality, many brokers struggle to turn a profit. Despite the appeal of running their own operation, most find themselves facing financial challenges due to high overhead costs, intense competition, agent commission structures, and ineffective business strategies…