Housing Wire

JUNE 11, 2021

Most of the highest producing real estate agents in the country belong to an established, national brokerage. RealTrends , which is owned by HW Media , on Friday released its annual list of the top 1,000 agents in the country for 2020, with separate tallies for sales volume and the number of deals done.

Agents 424

Agents Brokerage Realty Real Estate 424

Housing Wire

OCTOBER 13, 2023

Indie brokerage Legends Real Estate has joined The Real Brokerage , expanding Real’s footprint in No rt hern California. Industry veteran John Pope founded the Sacramento-based brokerage in 2020 and will serve as a regional broker for Real. Legends has 56 agents.

Brokerage 362

Brokerage Real Estate Agents Business 362

Housing Wire

MARCH 26, 2024

Three agents formerly affiliated with Keller Williams Realty — Jerri L. Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. In February 2020 , KW introduced a more restrictive policy to its profit-sharing program.

Brokerage 489

Brokerage Legal Agents Realty 489

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. RealTrends Brokerage Compensation Report. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit.

Real Estate 366

Real Estate Brokerage Agents Advertising 366

Housing Wire

SEPTEMBER 25, 2023

The Alliance would rank as the nation’s 23 rd and 29 th brokerage in volume and transaction sides, respectively, on the 2023 RealTrends Top 500 list. The LGBTQ+ Real Estate Alliance has grown to more than 4,000 members since its launch in October 2020, with chapters spanning across the U.S., transaction sides in 2022.

Real Estate 334

Real Estate Real Estate Agent Realty Agents 334

Housing Wire

AUGUST 3, 2023

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. In his new position, he will help build visibility for the brand, attract more agents as well as drive agent’s performance through coaching and development. “I

Brokerage 287

Brokerage Real Estate Agents Development 287

Housing Wire

JANUARY 19, 2022

The real estate brokerage has not announced agent hires, but it has tapped a managing broker for the state in John Wollberg. Wollberg was most recently the executive vice president and managing director of sales and operations at Brown Harris Stevens , a Manhattan-based brokerage headquartered on Park Avenue.

Brokerage 347

Brokerage Real Estate Agents Valuation 347

Housing Wire

JANUARY 23, 2024

The top-ranked brokerage in the country by transaction sides, eXp Realty , is facing another lawsuit alleging sexual harassment at the firm. The suit was filed last Tuesday in a Nevada federal court by Reno-based real estate agent Misty Carter. Both Golden and Bjorkman are no longer agents with eXp.

Realty 395

Realty Real Estate Agent Real Estate Agents 395

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. 16, 2020, and the present. The copycat commission lawsuit was filed on Friday in U.S.

Real Estate 383

Real Estate Realtors Realty Brokerage 383

Housing Wire

APRIL 26, 2024

Summary The Millionaire Real Estate Agent Drive with NAR Real Estate Rockstars Podcast The Tom Ferry Podcast Experience Real Trending by HousingWire Elite Agent Secrets The Listings Lab Podcast with Jess Lenouvel Real Estate Training and Coaching School 5AM Call Keeping it Real The full picture 1.

Real Estate 431

Real Estate Agents Real Estate Agent Training 431

Housing Wire

APRIL 1, 2024

A new class-action lawsuit was filed by a former agent against real estate brokerage Keller Williams (KW), contesting alterations made to the company’s profit-sharing program. Earlier in March, four agents formerly affiliated with Keller Williams — Jerri L. Moulder, David L. Bueker, Robert E.

Legal 391

Legal Brokerage Agents Real Estate 391

Housing Wire

JUNE 21, 2022

Capitalizing on these market factors, brokerage firms in the 2022 RealTrends 500 brokerage rankings broke records in market share, closed transaction sides (there must be inventory somewhere!) The top four — Realogy Brokerage Group (RBG), HomeServices of America , Compass and eXp Realty — now have 20% market share in the U.S.

Brokerage 295

Brokerage Real Estate Realty Agents 295

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. 17, 2020, and the present. 17, 2020, and the present. It was filed on Wednesday in U.S.

Realtors 490

Realtors Brokerage Realty Real Estate 490

Housing Wire

APRIL 25, 2024

Louis Ronayne first joined the brokerage as an agent and later became a team leader, serving at the brokerage from July 2000 to September 2014. In February 2020 , KW introduced a more restrictive policy to its profit-sharing program. But that policy did not impact agents who joined before April 1, 2020.

Legal 326

Legal Agents Brokerage Real Estate 326

Housing Wire

MAY 3, 2023

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. What’s especially interesting is that unlike average or low-performing agents, top-performing agents simply don’t lower their commission rates very often. “I

Agents 389

Agents Real Estate Agent Brokerage Real Estate 389

Housing Wire

DECEMBER 15, 2023

In recent months, the New York Times has worked to expose what is has termed a “culture of fear” in the real estate industry, first setting its sights on the National Association of Realtors. The lawsuit focuses on eXp’s agent recruitment-heavy business model. Both Golden and Bjorkman are no longer agents with eXp.

Agents 413

Agents Real Estate Agent Realty Real Estate 413

Housing Wire

APRIL 17, 2024

The plaintiffs who signed the contract, however, sued a non-signatory parent company of the signatory brokerages, which “asserted liability based on the non-signatory’s relationship with its subsidiary.” Since it was not, HomeServices is unable to compel arbitration, the brokerage argued. The Supreme Court, however, did not agree.

Contracts 359

Contracts Brokerage Law Real Estate Agent 359

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. 5, 2020, and the present. In a copycat suit filed last Friday in U.S. commission ($10,250) to the buyer broker.”

Realty 456

Realty Realtors Real Estate Real Estate Agent 456

Housing Wire

OCTOBER 4, 2023

A once-in-a-century pandemic, global inflation, supply chain shocks – 2020 truly was a pivotal year. Census Bureau shows how the business landscapes changed for homebuilders , lessors, agents , brokerages and other real estate professionals in the first full year after the pandemic began. That total was a 4.9%

Landlords 356

Landlords Agents Brokerage Supply Chain 356

Housing Wire

APRIL 8, 2024

KBW wrote that it believes the DOJ was limited in its ability to intervene in the commission lawsuits in which NAR was named in, including the Moehrl and Sitzer/Burnett suits, due to the settlement agreement it had reached with NAR in November 2020, in the twilight of the Trump administration. Circuit Court of Appeals in D.C.

Real Estate 457

Real Estate Realtors Agents Brokerage 457

Housing Wire

OCTOBER 2, 2023

PLACE , the real estate technology platform, appointed Brendon Burchard, a leading personal growth coach to the role of chief growth advisor. In this newly created position, Burchard will oversee personal growth efforts for real estate agents , partners and employees.

Real Estate Agent 285

Real Estate Agent Real Estate Technology Brokerage 285

Housing Wire

MAY 13, 2021

Compass has successfully become a publicly traded company, but the residential brokerage continues to lose money and it has unclear plans to generate more revenue. It’s an impressive-looking figure, an 80% leap from the revenue in the first quarter of 2020, when they posted $619 million in revenue. Compass reported $1.1

Mortgage 403

Mortgage Brokerage Real Estate Agent Agents 403

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. So far, Offerpad’s agents have played a bit role in the company’s growth.

Agents 373

Agents Real Estate Agent Real Estate Sellers 373

Housing Wire

OCTOBER 10, 2023

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. For lenders and brokerages, the risks of LOs or agents overstepping are high. A CFPB enforcement action could “force already financially weakened lenders into bankruptcy,” Selden said.

Real Estate Agent 404

Real Estate Agent Loan Officers Real Estate Agents 404

Housing Wire

FEBRUARY 19, 2021

After a deal to be acquired by CoStar Group fell through due to antitrust objections from the federal government, real estate brokerage and listings portal Redfin has scooped up the Atlanta-based rental platform. Louis real estate.” million to acquire RentPath back in February 2020.

Real Estate Agent 389

Real Estate Agent Real Estate Agents Brokerage 389

Housing Wire

MAY 29, 2024

In 2020, real estate industry veteran Rainy Hake Austin took her decades of experience to The Agency , where she currently serves as president of the Beverly Hills, California-based brokerage firm. And I, in turn, am focused on doing that with our agents. I’d also love to see more female leadership in the industry.

Agents 302

Agents Real Estate Agent Real Estate Clients 302

Housing Wire

OCTOBER 6, 2023

Meanwhile, in addition to diversifying their portfolios, brokerage firm owners are keeping their cost structure under control to be profitable in a shrinking market. Amid the Federal Reserve ’s tightening monetary policy and political instability, they believe the market will shift at least six months from now.

Mortgage 463

Mortgage Real Estate Agent Renovations Finance 463

Housing Wire

FEBRUARY 18, 2022

Brokerage and franchise conglomerate Realogy reported its yearly financials Thursday, and the Madison, New Jersey-headquartered company tallied $343 million in net income for 2021. The profitability marked a dramatic turnaround from 2020 when Realogy lost $360 million. Realogy’s revenue also grew to $8 billion, a 28% jump from 2020.

Brokerage 356

Brokerage Real Estate Agent Real Estate Agents 356

Housing Wire

FEBRUARY 5, 2024

In late October 2023, a Missouri jury found HomeServices of America, as well as Keller Williams and the National Association of Realtors , liable for colluding to artificially inflate real estate agent commissions. Despite waiving their right to pursue class litigation against HomeServices, the plaintiffs obtained a $1.8

Contracts 370

Contracts Brokerage Law Real Estate Agent 370

Housing Wire

FEBRUARY 12, 2024

District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. 9, 2020, and the present, and paid a buyer broker commission. “We ” The other defendants in the suit did not return a request for comment.

Real Estate 406

Real Estate Real Estate Agent Realtors Buyers 406

Housing Wire

JANUARY 9, 2024

Like the other copycat commission lawsuits, the plaintiff James Tuccori, an Illinois resident who purchased a home listed on the local MLS in 2018 with the help of an @properties agent, is accusing real estate industry players of colluding to artificially inflate real estate agent commissions.

Property Management 352

Property Management Real Estate Agents Brokerage 352

Housing Wire

FEBRUARY 16, 2021

Keller Williams sold more homes – and sold more expensive homes – in 2020, according to the brokerage’s self-reported numbers released Tuesday. The Austin, Texas-headquartered real estate brokerage closed 1.22 and Canada in 2020, up 8 percent from 2019. million home sales in the U.S.

Brokerage 412

Brokerage Real Estate Real Estate Agent Agents 412

Housing Wire

JANUARY 26, 2024

We’ve all heard the news: over 60,000 real estate agents left the profession in the first half of 2023. This exodus left many brokerages scrambling to replace them and upping their recruiting game. Let’s break it down brokerage by brokerage so you can find the one that’s right for you.

Real Estate 378

Real Estate Brokerage Agents Real Estate Agent 378

Housing Wire

APRIL 26, 2021

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month.

Agents 353

Agents Brokerage Real Estate Agent Realtors 353

Housing Wire

FEBRUARY 22, 2021

The shake-up follows founder Gary Keller’s announcement in October that he would step down as CEO of the Austin, Texas-headquartered brokerage. How to Diversify Your Brokerage to Weather Economic Hardship. Liebert does not have a background in real estate. Team also did not have a real estate background.

Real Estate Agent 373

Real Estate Agent Brokerage Real Estate Advertising 373

Housing Wire

MAY 17, 2024

The changes were first announced in August 2023 during KW’s Mega Agent Camp event. Under the changes, the company cut profit-share distribution for vested “former” KW agents — those who joined the company before April 1, 2020, and left for another brokerage — from 100% to 5%.

Brokerage 347

Brokerage Agents Realty Business 347

Housing Wire

JANUARY 5, 2021

It’s unclear what the deal values Stearns at, but the lender originated $20 billion in mortgages last year, according to Guaranteed Rate, which claims to have originated $73 billion in mortgages in 2020. The Chicago-based lender had two loan originators eclipse $1 billion in originations in 2020. This is a breaking news story.

Lending 536

Lending Retail Real Estate Agent Brokerage 536