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Evernest acquires Poplar Homes and $15M in tech-focused funding

Housing Wire

Property management company Evernest announced on Wednesday its largest acquisition to date. The company will acquire tech-enabled property management platform Poplar Homes alongside $15 million in growth-centered funding. The company’s management portfolio will reportedly rise to 230,000 units across 50 markets.

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Worth Clark’s Ryan Michaelis talks recruitment strategy and brokerage growth

Housing Wire

His career started in property management before he made a transition to Worth Clark as a property management agent. Once the company decided to leave property management behind and lean into real estate sales, Michaelis adopted many other roles and supported Worth Clark along the way.

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Coldwell Banker Realty adds top agent in Northern California

Housing Wire

On Monday, the brokerage announced that it was welcoming top-performing agent Jing Hu to the firm’s office in the Silicon Valley hub of Cupertino. She transitioned to real estate sales in May 2022 after a three-year career in property management. Coldwell Banker Realty is strengthening its roster of California- based agents.

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Opinion: Real estate brokers are still buying and selling firms

Housing Wire

Rather than a multi-year average of EBITDA or Gross Margin as the basis for the value of a brokerage firm (or their related counterparts in mortgage, title, escrow, and property management), valuations now are based Trailing Twelve Months (TTM or LTM) results.

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7 ways to avoid being a ‘broke’ real estate broker

Housing Wire

However, unlike other industries where promotion to the management level is generally tied to additional income, some brokers find themselves struggling to perform at the same financial level as their most successful agents. Pursue strategic partnerships with lenders or title companies.

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Velocity Conference Presents Solutions for an Evolving Market

Appraisal Buzz

Set for Monday-Tuesday, February 24-25 at The Worthington Renaissance Fort Worth Hotel , the 2025 Velocity, A FORCE Conference , is tailored for professionals in REO and the adjacent markets, including agents and brokers, asset managers, property management, attorneys, and servicers.

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United Real Estate expands North Texas footprint through M&A

Housing Wire

Bearden will serve as CEO of the merged firm and Brenda Cole a co-owner of United will serve as the manage broker. “We We built our brokerage from the ground up and knew we wanted to expand further for our agents and clients. With the support of the sixth-largest national brokerage in the U.S.,