Revolutionizing Real Estate Mergers and Acquisitions with Mark Lukes

Building Scale

We interview successful Architecture, Engineering, and Construction (AEC) business leaders to learn how they use people, processes, and technology to scale their businesses.

Revolutionizing Real Estate Mergers and Acquisitions with Mark Lukes

E64 • Oct 17, 2023 • 53 mins

In today's podcast, we have the honor of hosting Mark Lukes, founder of Real Estate Mergers and Acquisitions Co. Mark shares his inspiring journey and how he built a thriving business by solving common issues in the real estate industry. Tune in to learn about the three pillars driving business growth, the rapid valuation model, and the importance of culture and communication in successful transactions. Don't miss this insightful and thought-provoking episode!

Key Points

Mark Lukes: Founder of Real Estate Mergers & Acquisitions Co.
Solving problems in the real estate industry
Importance of relationships in M&A
Technology and rapid valuation model
Selling process and finding the right buyer

Connect with Mark:

Website: https://www.rema.global/

Phone: 941-350-6745

Connect with Justin & Will:

Will's LinkedIn: https://www.linkedin.com/in/willforet/ Justin's LinkedIn: https://www.linkedin.com/in/justneagle/

Learn More & Connect With Spot Migration:

Website: https://www.spotmigration.comLinkedIn: https://www.linkedin.com/company/spot-migrationFacebook: https://www.facebook.com/spotmigrationYoutube: https://www.youtube.com/c/Spotmigration

Do you want to be a guest on the show? Go to https://buildingscale.net/guests Need to discuss your IT and Cybersecurity Strategy? Go to https://buildingscale.net/help

Speakers

Will Foret

Host • 10%

Justin Neagle

Host • 16%

Mark Lukes

Guest • 74%

Chapters

0:00	Introduction and guest Mark Lukes's background
6:06	The three pillars of scaling a business: People, Process, and Technology
8:43	Explanation of the M&A process and Rima's rapid valuation model
14:05	Internal growth, employee turnover, and maintaining a positive company culture
19:44	Role of leadership and leveraging technology in scaling businesses
25:08	Challenges and importance of creating accurate valuation models
28:50	Role of AI and nuanced understanding in business operations
31:11	External process of identifying and working with brokers
35:09	Adjusting processes to meet changing needs and challenges of online information sharing
38:10	Dynamics of real estate brokerage profits and role of technology in reducing costs
43:31	Common mistakes in business expansion and influence of market conditions
49:13	Reflections on past business decisions and importance of resilience
52:19	Closing remarks, promoting Building Scale

Transcript

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