Run Time: 35:17
Agents & Brokers Are Killing It
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In this first of a two-parter on the financial health of independent agents and brokers, Tom Doran tees up some great news. Tom is a partner with Reagan Consulting, a management consulting and investment bank serving the industry. He shares a number of underlying factors on why the channel is doing so well. We are witnessing an all-time high number of agency M&A transactions – maybe 2,000 deals in 2021. “A lot of M&A you never hear about,” Tom says. Yet, despite all the consolidation, “the number of agents and brokers remains remarkably static at about 35,000,” he says. What lies ahead for the channel in 2022? Listen to Tom – we always learn something fascinating, and you will too.
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