Housing Wire
SEPTEMBER 21, 2021
A full one-third of the compensation paid to non-controlling shareholder real estate CEOs is variable, according to the 2021 RealTrends Brokerage Compensation Report. This is up considerably from 2016, when the last report was published. “A Non-controlling CEOs are getting bonuses based on brokerage profitability.”.
Housing Wire
APRIL 2, 2024
Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.
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Housing Wire
NOVEMBER 3, 2023
Because the larger brokerage firms, historically, tend to represent more buy side than sell side, they “may be looking at a big loss of revenue,” says Murray. “You must train all of your agents as to how you’re going to get compensated,” said Murray. “He got up to 20% to 30%, as I recall.”
Housing Wire
APRIL 12, 2022
Samson is the CEO of Samson Properties , a rapidly growing Northern Virginia-based brokerage. Samson has a different business model and branding than Compass, but both brokerages identify as “agent-centric.”. DOJ has swooped into lawsuits against the National Association of Realtors and top brokerage firms.
Housing Wire
JUNE 10, 2022
Motto Mortgage, a national mortgage brokerage franchise, and wemlo , a mortgage processing solution with an all-in-one digital platform, tapped Chris Erickson as vice president of product and strategy for both brands this week. For the Motto brand, Erickson will focus on streamlining the product ecosystem for franchisees.
Housing Wire
MARCH 7, 2024
He became a top-producing real estate agent in the area and in 1991 became the manager of the largest office for Prudential Long Island Realty , training agents throughout the East Coast markets. Four years later, Harney founded his own brokerage, National Homefinders, using market insights to grow the business to 500 agents.
Lamacchia Realty
MAY 19, 2023
The Real Estate Almanac by T3 Sixty has published its annual ranking of the Mega 1000 Brokerages. This comprehensive report evaluates the top 1,000 brokerages in the nation based on their annual sales volume, transaction sides, and agent count. Therefore, they feel sales volume best reflects a company’s overall strength.
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