Valuation Trading Multiples & Precedent Transactions: Real Estate Brokerage and iBuying Companies
Valuation benchmarks for Real Estate Brokerage and iBuying Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Real Estate Brokerage and iBuying Companies Market Context & Valuation Drivers
These public trading comparables cover companies providing real estate brokerage and iBuying services focused on residential transactions. They monetize through commissions, service fees, and resale spreads, enabled by cloud brokerage networks and digital marketplaces. Grouped together as valuation benchmarks due to shared exposure to housing transaction volumes, take rates, and unit economics across agent-led brokerage and direct home purchasing models.
Typical capabilities include residential listing and buyer representation, MLS-integrated digital marketplaces, agent collaboration and CRM tools, end-to-end transaction management and escrow workflows, valuation and appraisal services, direct home purchase, renovation and resale operations, integrated lending and title solutions, and analytics for pricing and market intelligence. Many operate cloud-based brokerages with virtual collaboration platforms, while iBuyers manage sourcing, underwriting, repairs, and disposition to optimize unit margins and inventory turns.
Primary customers include home sellers and buyers, real estate agents and teams, and institutional property owners. Key valuation drivers include transaction volume growth, take rate and commission margins, gross profit per home sold, inventory days and turn, agent count and productivity, and customer acquisition efficiency. Investors assess revenue growth, blended gross margins, operating leverage, and cash conversion as core benchmarks across brokerage and iBuying business models.
2. Valuation Analysis: Public Trading Comps & Multiples for Real Estate Brokerage and iBuying Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Real Estate Brokerage and iBuying Companies sector
Comparable group 1: Real Estate Brokerage and iBuying Companies
Savills
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of global real estate services, offering transaction advisory, consultancy, and investment management to clients worldwide, focusing on comprehensive property management and strategic real estate solutions.
- Key Products:
- Transaction Advisory: Assisting clients with purchasing, selling, and leasing properties
- Consultancy: Providing strategic advice on property-related matters
- Investment Management: Managing real estate investments for institutional and private investors
- Valuation & Appraisal: Offering valuation and appraisal services for various properties
- Property Management: Comprehensive management services for residential, commercial, and industrial properties
Opendoor Technologies
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of a digital platform for residential real estate transactions, enabling users to buy and sell homes online, offering services such as instant cash offers, home repairs, and mobile application-based transactions.
- Key Products:
- Sell to Opendoor: Service for homeowners to sell their homes directly to Opendoor for a cash offer
- List with Opendoor: Service that allows customers to list their homes on the MLS through Opendoor
- Home Repairs: Service for repairing and renovating purchased homes before resale
- Mobile App: Tool for home buying and selling with instant offers and financing options
- Buy with Opendoor: Service for purchasing homes directly from the Opendoor platform.