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Recruiters turn to AI in their quest to lure top agents

Housing Wire

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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Recruiting real estate agents: A complete roadmap for 2024

Housing Wire

The data are sobering: The Agent Movement Index , the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. The number of agents switching brokerages is ticking upward and markets are stabilizing across the country. More on this later.

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Lenders, tech firms hire executives to navigate down market

Housing Wire

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.

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Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

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.”

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Steve Harney, founder of Keeping Current Matters, has died

Housing Wire

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. He sold the brokerage in 2005. “He believed it was truly good for Americans to own their homes. “He

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Cardinals of a different feather: Inside Samson Properties’ unique model

Housing Wire

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.”. real estate agent is in peril. From one perspective, the U.S. That changed amid the Great Recession.

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7 best real estate schools in Massachusetts for 2024

Housing Wire

If your priority is landing a job as soon as you pass the exam, Freedom Trail provides access to its Massachusetts real estate job board, enabling you to get hired faster and start your new career. You can also opt-in to Freedom Trail’s broker recruitment program to be contacted directly by local brokerages that are hiring new agents.