Are you involved in Real Estate Sales or are you a Real Estate Broker?
You Should Consider The Advantages Of Selling Businesses and Mergers & Acquisitions through VR Business Sales.
Before Buying a Franchise to be an m&a advisor or becoming a broker to sell real estate, there are several factors to consider in this economy.
Privately-held businesses drive the United States economy. There are over 25 million privately-held businesses alone in United States, which make up over 52% of the United States GDP and 50% of the domestic workforce. The same holds true around the world as privately-held businesses are the economic engine of most countries. With these figures, it only makes sense as a real estate broker to take advantage and start engaging in business sales.
At VR Business Sales, you have the ability to grab hold of a market that’s continually growing, while the real estate industry is continuing to bottom out. As a VR Business Sales intermediary, you will capitalize in an industry that’s full of lucrative opportunities.
Every VR Business Sales intermediary receives, on average, a 10% commission per sale, while the rate for real estate brokers falls around 6% – according to the National Association of Realtors (NAR).
Average Sales Price
The average sales price per business at VR Business Sales is $470.000, while most homes run lower around $200,000.
Average Sales Cycle
You will find at VR Business Sales that 5 to 8 months is the average sales cycle for an engagement, while Realtors see a house sell in 12 to 15 months.
The average split at VR Business Sales is 50/50, while NAR office owners see the short end of a split closer to 90/10.
At VR Business Sales, every office receives a minimum commission on a deal, ranging anywhere from $10,000 to $25,000. Generally, real estate brokers do not receive a minimum commission, as it depends on the stipulations of the sale.
Earning Potential (Top of Price Range)
Any VR business intermediary has the potential of selling listings up to $160 million in value, whereas real estate brokers have only a limited roof of what they can achieve financially.
Average Office Sales
Taking into account every M&A office surveyed in the business brokerage industry, the average sales per office computes at over $1 million, while real estate brokers in NAR have seen their office sales plummet to below $500,000 annually.
Average Annual Earnings
Business sales intermediaries average $179,000 annually in earnings, while real estate brokers earn a fraction of that amount at a little under $48,000.
The success rate at VR Business Sales is quite high, with 1 out of 2 businesses closing. Real estate brokers have a substantially lower inventory turnover rate with 1 out of every 14 real estate listings closing.
Economist Robert Avery from Cornell University estimates that $10 trillion of assets and over 12 million privately-held companies will be transferred as Baby Boomers start to retire. Other estimates predict that 10,000 Baby Boomers will become eligible for Social Security every day with 80 million retiring over the next two decades. This only makes VR Business Sales a more logical and profitable opportunity over selling real estate.
Most real estate brokers don’t realize the full potential of facilitating the sale of a business. Especially with the current real estate crisis here in the United States, why struggle when you can seize the advantages at VR Business Sales?
CAPITALIZE ON THE VR BUSINESS SALES OPPORTUNITY
Investigate your marketplace. Are there privately-held business owners receiving professional representation when trying to sell their business? If not, do you believe that as a franchisee in the VR Business Sales organization you can offer Valued Representation to business owners, and pride yourself at becoming the premier firm in your market
If you see the need to help those business owners, and develop a career in business you can be proud of, learn more about how you can fulfill your professional and financial goals at VR Business Sales today!
For more information about this unique opportunity please contact:
Toll-Free: 800-377-8722 or 954-565-1555
Director of Franchise Development
VR Business Sales, Mergers & Acquisitions
VR provides a Free Weekly Webinar covering all important aspects of the VR Business Franchise Opportunity.