Episode 5: DMRE History: The Origin Story Part 1 - The Great Recession and Houston’s Comeback

In this episode of The Texas Land Guys Podcast, Tom and Tim Dosch, along with their partner David Marshall, take us behind the scenes of building their esteemed land brokerage, DMRE. Tim shares how a key meeting in 2004 launched his career in land brokerage, while David reflects on his transition from consulting to real estate amid the challenges of the 2008 financial crisis.

They discuss the early struggles of establishing themselves in business—navigating market downturns, securing key deals, and leaning on perseverance to push forward. The trio highlights the pivotal years of growth from 2011 to 2014, detailing how they landed high-profile listings, expanded their team, and adapted to shifting market conditions. Through it all, they credit resilience, mentorship, and strong core values for their sustained success.

With a wealth of experience, Tom, Tim, and David offer valuable insights into the land brokerage industry, emphasizing the importance of staying committed through challenges. Their story is a testament to hard work and strategic thinking. Tune in for this inspiring conversation and subscribe for more industry insights and expert strategies.

Key Takeaways

• The history and formation of DMRE, a land brokerage in Texas.

• Personal journeys of the partners in the land brokerage business.

• Challenges faced during the Great Recession and their impact on the business.

• The importance of hands-on experience in land brokerage.

• The significance of partnerships and teamwork in overcoming difficulties.

• Lessons learned from navigating a challenging market.

• The role of supportive spouses during the early days of the business.

• Strategies for closing deals during economic downturns.

• The evolution of the real estate market post-recession.

• Core values of DMRE: Hungry, Humble, Smart.

In This Episode:

• [00:01] Introduction to the podcast

• [01:45] Tim's entry into land brokerage

• [03:55] David's background in consulting

• [05:56] The formation of the land team

• [09:28] The frothy market before the recession

• [12:20] Experiencing the Great Recession

• [14:05] Resilience during tough times

• [17:02] Support from wives

• [17:41] The decision to persist

• [18:24] Encouragement from partners

• [19:12] Surviving the Great Recession

• [20:00] Pivotal early deals

• [21:15] Core values of DMRE

• [23:00] Challenges in a tough market

• [24:52] Selling difficult assets

• [27:49] Market recovery indicators

• [29:10] Transition to a boom cycle

• [29:51] The mark of growth

• [30:37] Team expansion decisions

• [31:28] Formative years in real estate

• [32:04] Mentorship and support

• [32:44] Major development deals

• [34:00] High-rise transactions

• [34:51] Impact on Houston's landscape

• [35:43] Shifting market trends

• [36:12] Looking ahead to 2014

• [37:04] Nostalgia and team bonding

• [37:33] Encouragement to persevere

• [39:17] Valuable lessons from downturns

• [39:32] Closing remarks

Resources and Links

Texas Land Guys Podcast

• https://podcasts.apple.com/jp/podcast/texas-land-guys-the-art-of-real-estate-deal-