Modest Gains: More Brokerages Turn Profitable by mid-year 2024 - PR Newswire

Retrieved on: 2024-08-20 13:09:25

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Profit

Financial ratios

Profit margin

Earnings before interest, taxes, depreciation, and amortization

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Modest Gains: More Brokerages Turn Profitable by mid-year 2024 - PR Newswire. View article details on hiswai:

Summary

The article discusses a study by AccountTECH on real estate brokerages' profitability, emphasizing metrics like EBITDA, profit margins, and financial ratios. With a slight profitability increase in 2024, the findings highlight challenges in achieving significant margins despite software engineering advancements aiding efficiency.

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