Rolling Up Real Estate Appraisal Firms
Kevin Swenson shares his story of buying a $3m real estate appraisal firm as a platform to roll up the fragmented space.
Topics from Kevin's interview:
Why the real estate appraisal industry?
How to add value as the entrepreneur doing a roll-up
Roll-up dynamics
Appraisal businesses vs. appraisal management companies
Story of his acquisition, the platform business
The "Your Sure Thing" philosophy
Buying in an industry where you DON'T have experience
The nature of real estate service businesses
How to mitigate risk when buying a real estate service business
Acquisition opportunities in real…
The skinny
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