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The Real Brokerage looks to build on 2023’s explosive growth

Housing Wire

In 2023, Real recorded 48,905 sides, up 14,721 sides from 2022, and a sales volume of $21.2 According to Srivatsaa, this means that trainings and resources brought in by one team leader or broker are available to all agents at the firm. billion, up $6.80 billion over the prior year. Real posted a net loss of $27.2 million on $689.1

Brokerage 468
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Exactly How Are Property Data Collectors Professionally Trained?

Appraiserblogs

Somebody explain to me exactly how Property Data Collectors are “professionally trained” per Fannie Mae directives. The fact is, Fannie Mae is explicitly working toward the elimination of appraisers for real property valuations. appeared on Appraisers Blogs.

Training 111
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Agents might be more tempted to switch brokerages in 2024

Housing Wire

The report found that 61% of agents plan to stick with their current company this year, down from 75% of agents in 2023. Meanwhile, Coldwell Banker-affiliated agents showed no significant change in their likelihood to switch companies, with 69% prepared to stay put in 2024 compared to 70% in 2023.

Brokerage 347
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Adapting and refreshing your coaching and training programs for 2023

Inman

In this week’s video column, @properties Christie’s International Real Estate executives Amy Corr and Kevin Van Eck discuss how brokers should review their business plans to focus on the skills agents need to be successful in this new market.

Training 128
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Despite industry headwinds, Real believes it can continue growing agent count

Housing Wire

“The NAR settlement requires some mechanical changes to industry practices, which are entirely driven by training, and when it comes to our agents, we are a training-first company,” Real President Sharran Srivatsaa said. That means we believe a skilled agent will outperform an unskilled agent 10 to 1.

Agents 439
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Compass misses free cash-flow goal but remains optimistic

Housing Wire

Although Compass failed to achieve its much publicized goal of being free cash-flow positive in 2023, brokerage executives were still positive about the company’s performance over the past year. Compass attributed some of these struggles to the slower housing market of 2023, which saw Compass close 178,848 transactions, down 15.5%

Agents 378
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5 keys to having a profitable title operation in 2023

Housing Wire

Do you want to win big in 2023? The fact is that it was difficult to find good people and difficult to get them trained, and that leads to an out-of-balance subconscious desire to view them as permanent. Hire good salespeople and better train the ones you have. Staff to the market. Simply put: invest in your sales initiative.

Training 386