How CBBLS Helps Commercial Real Estate and Business Brokers Grow Their Business and Achieve 2xPV for Clients
Matthew Radin
![Matthew Radin]()
Matthew Radin
LibertizingProfessionals: Collaborative Referral Network Management for 2xPV Results
Commercial real estate and business brokers face a highly competitive landscape where differentiating themselves and expanding their business can be challenging. The Co-Broker Business Listing Service (CBBLS), supported by SimbleTON technology and the Vertica CRM, offers a powerful platform for brokers to grow their business, recruit top talent, and provide clients with unique services that double their practice valuations (2xPV).
Section A: Recruiting, Training, and Retaining Agents??
Brokers have three essential jobs: recruiting, training, and retaining agents. CBBLS empowers brokers by providing them with a platform that enables their agents to co-broker deals, increasing overall commission potential. With the CBBLS model, brokers can recruit more agents, especially those with specialized expertise in dental and healthcare industries, train them effectively in business brokerage, and retain them by offering competitive co-brokerage opportunities.
For example, a dental practice broker named Richard operates solo, and because he does not share commissions, his income is limited to what he can close by himself. Richard, a retired dentist, could spend more time recruiting dental professionals, such as hygienists or office managers, who often know dentists seeking to sell their practices. These recruits could be trained in co-brokering techniques, expanding Richard’s business while increasing his agents' earning potential. By leveraging CBBLS, Richard can grow his business, recruit more agents, and create a more sustainable income model while reducing his personal workload.
Karen, an RDH (Registered Dental Hygienist), offers another example of how CBBLS transforms opportunities. Karen was assisting a dentist in her consulting business and learned the dentist was looking to sell his practice. She connected with a CBBLS member broker, who paid her a 10% referral fee on the $100,000 commission for the referral, resulting in $10,000 for Karen. Without CBBLS, she would have had to sign five consulting clients at $2,000 each to generate the same income. Furthermore, CBBLS provided Karen with a 2xPV pitch, adding value to her consulting business and opening new revenue streams.
Section B: Expanding Services and Client Reach??
Brokers using CBBLS can tap into previously unexplored opportunities in the dental and healthcare sectors. With SimbleTON technology, a unique blend of multiple systems and intellectual property assets that include Vertica and existing MLS technologies, CBBLS enables brokers to manage both real estate and business brokerage activities under one unified platform. Brokers can attract more agents and clients by offering advanced business valuation tools, co-brokerage management, and specialized training, ensuring that brokers stay ahead of the competition.
SimbleTON ties together the various elements of CBBLS, allowing brokers to manage both their real estate and business brokerage activities under a unified platform. This technology not only improves efficiency but also provides brokers with a significant competitive advantage in attracting more agents to their firm. By offering a cutting-edge system that integrates business valuation tools, co-brokerage management, and agent training, CBBLS ensures that brokers are always one step ahead of the competition.
Section C: Maximizing Income and Business Valuation??
One of the key benefits of CBBLS is its ability to help brokers maximize their income while increasing the valuation of their business. Through co-brokerage opportunities, brokers can double their commissions, retain more agents, and offer additional services that drive growth. CBBLS offers tools that allow brokers to help their clients achieve 2xPV (practice valuation), which not only benefits the clients but also enables brokers to earn more from each transaction.
For brokers like Richard, the potential to earn more through co-brokerage is substantial. By participating in CBBLS, he could increase his business valuation, positioning himself for a more prosperous exit strategy. Instead of relying solely on personal effort to close deals, Richard can expand his network, grow his firm, and achieve greater financial success through co-brokerage, recruitment, and leveraging the full power of CBBLS.
Call to Action (CTA):??
Ready to double your brokerage’s value? Join the Co-Broker Business Listing Service (CBBLS) network today and start building a future where your business thrives, your agents succeed, and your clients achieve 2xPV results. Send us an email message to [email protected] and schedule a time to speak with a Business Listing Co-Broker Expert today!
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2 个月Sounds like you're diving deep into some serious brokerage stuff. It's all about leveling up, right? How's the industry reacting to these new tools and strategies?