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Brokerage Consolidation Continues and Will Accelerate in 2021

March 03 2021

howard hannaToday's announcement by Hanna Realty of the acquisition of Roy Wheeler Realty in Charlottesville, VA is another reminder that 2021 could be one of, if not the most, active consolidation year in real estate brokerage history. The consolidation trend is rampant as aging baby boomer owners contemplate their exit strategy. There are also many other forces at work that are not age-related and will assure continued consolidation in the industry.

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