How to Diversify Your Brokerage to Weather Economic Hardship

From 9/11 to the global COVID-19 pandemic, it’s no secret that the ups and downs of the U.S. economy have a profound effect on the real estate market. Historically, during times of economic downturn, real estate brokerages across the nation have struggled to drive revenue, land transactions and keep business thriving.

However, the cyclical nature of the industry means that brokerages might be able to benefit from diversification as they seek to mitigate factors beyond their control and work to secure the best results for their clients regardless of the economic climate. Diversification is one approach brokerages can adopt to help ensure stability in unavoidable times of uncertainty, work to protect their revenue and – ultimately – financially weatherproof their business.

Download this white paper to discover how diversifying your offerings may help to bolster regular earnings, capitalize on emerging needs and potentially offer greater stability and financial success now and in the future.

Popular White Papers

Elevating mortgage servicing through strategic outsourcing: A path to efficiency and growth 

As the mortgage sector navigates through complex market dynamics, the primary objectives for many organizations remain the same: master cost efficiency, ensure the delivery of high-quality service, and effectively scale operations. Outsourcing activities to specialized providers continues to be a primary strategy for achieving such goals. This white paper discusses how lenders and servicers can:

Featured Content

Beyond rates: How Flagstar’s expertise and support drive broker success 

In a competitive market, Flagstar Bank stands out as a trusted partner for brokers and non-delegated correspondents, offering a robust product portfolio and unparalleled support. With over 35 years of experience and a dedicated team, Flagstar continues to lead in wholesale lending, ensuring the success of its partners.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please