Real Estate Joint Ventures Ending

What If Real Estate Joint Ventures No Longer Existed?

Real Estate Joint Ventures EndingI want to begin by saying Realtors are not “forced” to use the joint venture Title Company.  With full access to the brokerage’s agents, office meetings, events, and a push from the Broker, the business capture rate on the real estate joint ventures is fairly high. Joint ventures between Title Companies and Realtor brokerages have existed for quite some time and are fairly prevalent today in the Washington DC/Northern Virginia area. Perhaps they exist in your market as well and maybe you currently participate in one. BUT…what if real estate joint ventures were told to disband and can no longer exist–effective tomorrow?