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DataDigest: The remarkably resilient agent commission rate

Housing Wire

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. It wasn’t so long ago that experts said the internet would drastically bring down agent commissions. I briefly considered a “listing only” agent , but chickened out.

Agents 404
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DataDigest: Study shows agents are aplenty, most with few or no sales

Housing Wire

On average for all areas studied, 70% of agents sold five or fewer homes in the past year, and 49% sold only one or no homes. ” Barriers to entry (or lack thereof) In the second part of his three-part study, published last October, Brobeck argues it is too easy to become a licensed agent.

Agents 424
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Judge’s ruling: it’s heartland homeowners v. NAR

Housing Wire

The National Association of Realtors – the trade group that purports to represent real estate businesses, agents, and consumers – and arguably the four biggest companies in residential real estate: Realogy , Berkshire Hathaway HomeServices of America , RE/MAX , and Keller Williams. The defendants?

Brokerage 370
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Have you clearly defined your brokerage’s value proposition?

Housing Wire

Some 15 years ago, real estate agents had only a few choices when deciding which real estate business model to choose. From virtual, capped models to low-fee and discount, agents can pick the company that best fits their needs. In 2015, according to RealTrends data, gross margins were at 16.4%

Brokerage 393
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Lamacchia Realty Announces Top Producing REALTORS® for November 2023

Lamacchia Realty

has released its “Top Producing REALTORS®,” for November 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Most recently, Eileen was ranked on the 2023 RealTrends America’s Best Real Estate Professionals list!

Realty 73
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The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

“If you’re a big celebrity, the press is going to find out,” Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors , told RealTrends. The home was originally designed in 2015 by Florida-based architect Cesar Molina. Usually, it is just a threatening letter to scare you into stopping.”.

Agents 370
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The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

“If you’re a big celebrity, the press is going to find out,” Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors , told RealTrends. The home was originally designed in 2015 by Florida-based architect Cesar Molina. Usually, it is just a threatening letter to scare you into stopping.”.

Agents 370