Housing Wire

MAY 7, 2024

With a 67% annual increase in agent count to 16,680 agents during the first quarter of 2024 , it is no surprise that The Real Brokerage also recorded an 86% annual increase in revenue to nearly $201 million. That means we believe a skilled agent will outperform an unskilled agent 10 to 1.

Agents 423

Agents Brokerage Training Business 423

Housing Wire

JANUARY 29, 2024

Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. The good news is that most clients are excited to share their positive experiences. That’s where real estate testimonials come into play.

Real Estate 397

Real Estate Clients Real Estate Agent Agents 397

Housing Wire

OCTOBER 4, 2021

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. Still, nearly half reported that they use it to help them build and maintain relationships with existing clients or to promote listings.

Realtors 463

Realtors Agents Technology Brokerage 463

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. A wise agent right now is talking to buyers and sellers,” Brown said.

Real Estate Agent 422

Real Estate Agent Real Estate Agents Clients 422

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Some agents reported not having made any changes to their business due to the lawsuits, while others have.

Agents 359

Agents Realtors Clients Real Estate Agent 359

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 387

Real Estate Agent Real Estate Agents Clients 387

Appraisal Buzz

JUNE 17, 2022

Information Technology Systems of Ontario (ITSO) and the REALTORS Association of Hamilton-Burlington (RAHB) have become the first Canadian organizations to launch CoreLogic ’s OneHome, a agent/client collaboration portal for the Matrix multiple listing platform.

Realtors 195

Realtors Clients Real Estate Technology 195

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits. You are being accused of not being transparent. “If

Buyers 408

Buyers Agents Real Estate Agent Clients 408

Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. The buyer can use those funds for anything they would like, including paying their agent, if they choose.”

Agents 404

Agents Advertising Real Estate Buyers 404

Housing Wire

SEPTEMBER 11, 2020

Real estate agent safety has been a concern for years, as the job requires showing empty homes or homes occupied by others, and meeting new people, often alone. As September is Realtor Safety Month, the National Association of Realtors has released its 2020 Member Safety Report. Those fears are not unfounded.

Open Houses 545

Open Houses Realtors Real Estate Agent Agents 545

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. Somebody has a problem once and then that story just spread.

Clients 389

Clients Agents Buyers Sellers 389

Housing Wire

APRIL 26, 2024

We curated a shortlist of the top real estate podcasts that provide useful information for agents at every stage of their careers. Whether you’re looking to stay informed or motivated, gain market insights, or learn strategies from the masters — our list of the best real estate podcasts for agents can help you level up your business in 2024.

Real Estate 447

Real Estate Agents Real Estate Agent Training 447

Housing Wire

MAY 3, 2024

But despite the uncertainty and the soon-to-beimplemented business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , RE/MAX leaders are confident in the brokerage’s ability to succeed in this changing environment. He noted that the average RE/MAX agent closed 11.8

Agents 351

Agents Real Estate Training Buyers 351

Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. Similar to the arguments made by the plaintiffs and their attorneys in the commission lawsuits, the authors of the paper argue that despite technological advances, agents still take a “high percentage commission.”

Agents 380

Agents Legal Real Estate Agent Buyers 380

Housing Wire

NOVEMBER 29, 2023

However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked. These have become the basic requirements for attracting agents, but they hardly suffice for retaining them.

Agents 404

Agents Brokerage Training Real Estate 404

Housing Wire

OCTOBER 19, 2023

1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent. Starting Jan.

Sellers 424

Sellers Agents Brokerage Real Estate 424

Housing Wire

JANUARY 10, 2024

Most agents seldom sell homes, according to a new study published by the Consumer Federation of America last week. The study, CFA’s third of three on this topic, suggests that a significant portion of agents in the U.S. sell at most five homes in a year. On this, NAR has previously reached the same conclusion.

Agents 420

Agents Real Estate Real Estate Agent Training 420

Housing Wire

JULY 20, 2023

There have been numerous studies done on client retention over the years, and while the exact figures vary, most suggest that it can be anywhere from five to 25 times more expensive to acquire a new client than to keep an existing one. 74% of sellers say they would use that same agent again, or recommend them to others.

Clients 241

Clients Real Estate Open Houses Agents 241

Housing Wire

NOVEMBER 9, 2023

In her first video appearance since the jury verdict in the Sitzer/Burnett commission lawsuit , National Association of Realtors president Tracy Kasper told NAR members that she shares their disappointment in the decision. As she has stated previously, NAR plans to appeal the verdict and that Sitzer/Burnett saga is far from over.

Agents 413

Agents Legal Sellers Clients 413

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Cleveland Appraisal Blog

APRIL 26, 2023

If you decide to use a realtor it can make the experience much smoother, much easier and ultimately far better for you as a buyer. Join us in this article as we discuss the many different benefits of a Ventura Realtor when buying land in 2023 and why you should consider this as an option before you take the long road all by yourself.

Realtors 272

Realtors Buyers Real Estate Agent Appraisal 272

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 387

Buyers Agents Loan Officers Real Estate 387

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether? Enter the savvy seller.

Agents 407

Agents Buyers Real Estate Agent Loan Officers 407

Housing Wire

NOVEMBER 7, 2023

These clients are typically low on funds, which is why they need this type of financing. “But agent commissions have never been a closing cost from a buyer perspective. We don’t even know if the buyer’s agent fee would be an allowable closing cost because they might not even be a material necessity to the transaction.”

Agents 447

Agents Sellers Buyers Finance 447

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 369

Buyers Contracts Agents Realtors 369

Housing Wire

MAY 10, 2024

The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the final day of NAR’s midyear conference, the Realtors Legislative Meetings, according to Inman , which first reported the story. represent their firm or any broker or agent thereof 4.

Realtors 333

Realtors Finance Agents Legal 333

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. What many consumers don’t realize is there are some key distinctions of a REALTOR® that will benefit them in their real estate endeavors. What is NAR?

Realtors 68

Realtors Agents Real Estate Agent Real Estate 68

Housing Wire

MAY 14, 2024

Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents. The survey also delved into the use of real estate agents. Roughly three-quarters of respondents said that it’s “important to have an agent represent them in the homebuying process.”

Real Estate Agent 456

Real Estate Agent Agents Real Estate Buyers 456

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.

Agents 315

Agents Brokerage Real Estate Tools 315

Housing Wire

MARCH 22, 2024

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement. As of Jan.

Buyers 468

Buyers Contracts Real Estate Agents 468

Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” But even with all the negative nouns used to describe some real estate agents, the majority of real estate agents are professional and valuable.

Real Estate Agent 292

Real Estate Agent Real Estate Agents Sellers 292

Housing Wire

APRIL 1, 2021

Shawneequa Badger, leads an agent team at Corcoran Living in Oakland. Sudi Hernandez of Cloud 9 Real Estate Group loses leads when a client hears her Cuban accent. James Dunn of eXp Realty surprised a client with his answer to their question, “You’re white, right?”. Just 6% of all of the National Association of Realtors’ 1.4

Real Estate Agent 389

Real Estate Agent Real Estate Agents Open Houses 389

Housing Wire

MARCH 21, 2024

While the news of the National Association of Realtors’ settlement agreement in the commission lawsuits may have created panic at some brokerages , local Realtor associations and Multiple Listing Services (MLSs) said they were not only anticipating the news but were prepared for it.

Realtors 380

Realtors Agents Real Estate Logistics 380

Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. The complaint claims that the National Association of Realtors is the creator of this alleged conspiracy through its creation and enforcement of its Participation Rule.

Real Estate 407

Real Estate Realtors Realty Brokerage 407

Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. Hunt is just one among thousands of agents who has ventured into the field of real estate during the COVID-19 pandemic.

Agents 378

Agents Real Estate Agent Real Estate Clients 378

Housing Wire

JANUARY 12, 2024

Agents and brokers in Colorado will soon be able to view listings and share their own listings, with real estate professionals in four other metro areas. Our partnership with REcolorado is a real win for real estate agents and brokers in Colorado, Georgia, and beyond,” Jeremy Crawford, president and CEO of FMLS, said in a statement.

Real Estate Agent 409

Real Estate Agent Real Estate Realtors Agents 409

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey. In a similar vein, “getting listings” was the third-largest hurdle cited by agents.

Inventory 389

Inventory Agents Real Estate Sellers 389