Remove 2006 Remove Brokerage Remove Real Estate Agent Remove Sellers
article thumbnail

The evolution of the more productive real estate agent 

Housing Wire

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

article thumbnail

Opinion: All the ways the class-action commission lawsuits are misguided

Housing Wire

No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Consumers are free to sell or buy a home without an agent — and consumers know this.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

RedfinNow launches in San Francisco and Seattle

Housing Wire

Redfin said its real estate agents have helped clients in Seattle and the Bay Area buy and sell homes since 2006, with a listing fee as low as 1%. “Even for customers who start by requesting a cash offer, many end up selling their home with a real estate agent. .

article thumbnail

Cracking the code on marketing to the Realtor channel

Housing Wire

That’s nearly 200,000 above the previous peak in 2006. Agents and brokers are anxious about this, and no one sees it changing any time soon. iBuying has opened up a completely new path for sellers. Things in the real estate agent and broker world right now are, in a word, intense. It’s scattershot.

Realtors 321
article thumbnail

What’s next after a historic housing boom?

Housing Wire

By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. We just went through one of the biggest housing booms in modern history,” said Jonathan Miller, a real estate appraiser at Miller Samuel who also produces housing market reports for Douglas Elliman.

article thumbnail

Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

Homelight , a platform for homebuyers and sellers, was No. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry.

article thumbnail

Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Redfin is a publicly traded company, a nationally recognized listings website and one of the biggest brokerages in the country. But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. million members are independent contractors.

Business 360