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One-third of real estate CEO comp is variable, up from 2016

Housing Wire

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.”.

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7 best real estate schools in Massachusetts for 2024

Housing Wire

Many Massachusetts real estate schools offer online courses. After completing an approved course of study, you’ll be able to sit the state real estate exam. Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

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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.

Agents 359
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Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

Real estate commissions are under the microscope. With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. Judge Stephen R. Bough of U.S.

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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. If you want to learn how to recruit agents, now is the time.

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

Housing Wire

Donny Samson is quite aware of this particular moment in residential real estate history. “I 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.”.

Brokerage 370
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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.

Marketing 402