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Warren Buffett: Real estate agent commission structure “has worked out very well”

Housing Wire

“There is no question that the industry will go through some transitions because of the settlements — ours and every other major player in the industry settled, the National Association of Realtors settled for more than $400 million ,” Abel said. “So, I know how long they work on things sometimes that don’t materialize.”

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Opinion: Why real estate agents shouldn’t worry about commission changes

Housing Wire

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too. While this seems obvious, I hear time and time again how agents are trying to “convince” people to work with them.

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

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.

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Subtle shifts in real estate agent dynamics in March: Relitix

Housing Wire

Moreover, the AMI reveals an upward trend in agents switching between brokerages, though the expected peak for March fell short of previous highs, the overall trend continues generally upward. The broader impact of the National Association of Realtors (NAR) settlement is still unfolding.

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DataDigest: There are too many real estate agents and LOs. It’s a problem

Housing Wire

You know what loan officers and real estate agents love almost as much as cashing a commission check? Complaining about other loan officers and real estate agents. It shouldn’t surprise you that a sizable percentage of newer LOs and real estate agents are washing out in the current market.

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MetroTex Association of Realtors pegs new CEO

Housing Wire

The Dallas-based MetroTex Association of Realtors has a new CEO. I’m honored to join the MetroTex Association of Realtors team as CEO. Landon most recently led the Lexington, Kentucky -based Bluegrass Realtors , and its subsidiaries Imagine MLS and the Realtor Community Housing Foundation.

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Typical homebuyers made $107,000 annually, used a real estate agent in 2023: NAR survey

Housing Wire

Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. Sellers, homebuyers turned to real estate agents for help The vast majority of buyers still used an real estate agent to purchase their home.