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Blog :: 12-2019

Follow the Money

While many of the real estate brokerages in Denver have been in business for several years, the stark truth is a majority of them are out-of-state companies that have commoditized the real estate transaction process and, in turn, transfer the revenue they generate to other states and even to other countries through foreign ownership interests! Whether corporate-owned outright or a franchise, apart from the in-state operating expenses needed to keep their local offices running, profit and/or franchising fees from these brokerages leave Colorado and end up elsewhere.