Agency and brokerage mergers & acquisitions have been on a steady upward climb since 2000, except for a blip in 2009 and 2010 due to the collapse of the economy. Those 2 down years were followed by a near blockbuster year in 2011, and the most active year since 2000...
2007 and 2008 were banner years in the agency-brokerage merger and acquisition market, with more deals at the largest aggregate value than at any time in history. But everything began to change at the end of 2008.