Housing Wire

MAY 9, 2024

In 2018, the brokerage onboarded RE/MAX Heritage in Yarmouth, Maine , led by Mike Lepage. As a result, Davin’s brokerage boasts 165 agents all over Maine and on the seacoast of New Hampshire. The brokerage has been ranked as one of the top private independents in the country by RealTrends in 2024.

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Brokerage Real Estate Clients Agents 343

Housing Wire

MARCH 22, 2024

In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning that game. Obviously, brokerages grow in a multitude of ways, with agent movement/recruiting being just one. Berkshire Hathaway HomeServices RW Towne Realty also had a strong showing.

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Brokerage Real Estate Agents Realty 442

Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger.

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Brokerage Agents Training Business 450

Housing Wire

MARCH 29, 2024

Co-founded by Sean Soderstrom, Dan Breitbach and Joe Urciuoli, the proptech company sells an AI-powered software platform to help real estate brokerages with their recruiting efforts. Courted identified three main problems with how brokerages have historically recruited agents. The company has expanded to 50 markets in the U.S.

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Brokerage Agents Realty Real Estate 393

Housing Wire

APRIL 22, 2024

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.

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Brokerage Real Estate Realtors Real Estate Agent 397

Housing Wire

JANUARY 16, 2024

After a multi-year decline in agent movement between brokerages , Relitix ’s Agent Movement Index shows a clear bottoming out in early fall of 2023 and increased real estate agent mobility as we move into 2024. “We Agents will begin moving more between brokerages in 2024 as the market begins to normalize. respectively.

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Real Estate Agent Real Estate Agents Brokerage 439

Housing Wire

FEBRUARY 21, 2024

With market uncertainty, real estate agents had been sticking with their current brokerage., According to Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as agents begin switching brokerages at a faster rate than 2023. but that’s all starting to change. respectively.

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Real Estate Agent Real Estate Brokerage Agents 439

Housing Wire

JANUARY 4, 2024

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive. Treble damages could result in the NAR and brokerages paying roughly $5.36

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Brokerage Real Estate Training Buyers 412

Housing Wire

FEBRUARY 16, 2024

Path & Post Real Estate appointed Bekki Shae Smith to the role of managing broker, the Georgia -based boutique brokerage announced on Thursday. Additionally, Smith is serving as the 2024-25 Region 1 director for the Georgia Association of Realtors ; in 2023 she served as the president of the Cherokee Association of Realtors.

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Brokerage Realtors Realty Real Estate 405

Housing Wire

DECEMBER 4, 2023

Coldwell Banker Danforth , a Seattle-based Coldwell Banker franchise, won’t renew its National Association of Realtors (NAR) affiliation at the beginning of 2024, the company announced on Friday. Earlier in October, national real estate brokerages Redfin , Anywhere and RE/MAX took a step back from NAR.

Brokerage 437

Brokerage Realtors Agents Design 437

Housing Wire

APRIL 22, 2024

On Sunday morning, Murray and Wright addressed a crowd of real estate industry executives and leaders gathered at the JW Marriot Camelback Inn, in Scottsdale, Arizona for the opening session of HousingWire’s 2024 The Gathering conference. My advice is to start simple. We pay very close attention to compliance,” Oliver said. “We

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Brokerage Real Estate Agents Sellers 413

Housing Wire

MAY 9, 2024

In addition to RE/MAX, Anywhere and Keller Williams, NAR, Douglas Elliman , Realty One Group , At World Properties, Compass , HomeServices of America and The Real Brokerage, have also reached settlement agreements. 26, 2024. “We As part of their settlement agreements, Anywhere, RE/MAX and Keller Williams have agreed to pay $83.5

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Brokerage Realty Sellers Real Estate 382

Inman

MAY 14, 2024

Take into account the way you like to work, your level of expertise and your desire for collaboration when considering the brokerage model that works best for you and your business.

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Brokerage Business 147

Housing Wire

DECEMBER 6, 2023

Flat-fee real estate brokerage Fathom Realty will hike its agent fees in 2024 to bolster the company’s revenue by more than $3 million next year. The brokerage will implement two main changes to its fee structure, effective on Jan. million in earnings before interest, taxes, deductions and amortization (EBITDA) in 2024.

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Realty Agents Brokerage Real Estate 414

Housing Wire

APRIL 26, 2024

Whether you’re looking to stay informed or motivated, gain market insights, or learn strategies from the masters — our list of the best real estate podcasts for agents can help you level up your business in 2024. Apple Podcasts Spotify 5. Why it’s great: Game recognizes game, right? Apple Podcasts Spotify 6.

Real Estate 457

Real Estate Agents Real Estate Agent Training 457

Inman

MAY 7, 2024

The Real Brokerage reported revenue of $200.7 million in the first quarter of 2024 as gross profit soared to $20.8 million, according to Q1 earnings data released Tuesday morning.

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Brokerage Agents 170

Housing Wire

DECEMBER 20, 2023

After a multi-year decline in agent movement between brokerages , Relitix’s Agent Movement Index suggests that this trend may be reversing. Nevertheless, 2024 may well end up being a better recruiting year than was 2023.” The agent movement reflects the relative mobility of experienced agents between brokerages.

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Real Estate Brokerage Real Estate Agent Agents 403

Inman

FEBRUARY 28, 2024

Nearly 70 percent of brokerage leaders who responded to the latest Inman Intel Index earlier this month expect to invest in technology in 2024, with many now saying artificial intelligence is top of mind.

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Brokerage Technology Investing Marketing 139

Housing Wire

APRIL 16, 2024

Amidst this backdrop, brokerages face a critical task; keeping their agent counts from diminishing. Let’s delve into the data to glean insights into the agent recruitment climate for the pivotal year of 2024. In light of this forecast, the imperative for brokerages to double down on recruitment efforts is of paramount importance.

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Real Estate Agent Real Estate Agents Brokerage 441

Housing Wire

MARCH 27, 2024

Summary The Gathering by HousingWire Realtors® Legislative Meetings 2024 New York Real Estate Forum Buffini and Company Mastermind Summit Tom Ferry’s Success Summit RE!imagine Date: May 4-9, 2024 Location: Washington, D.C. Date: May 8, 2024 Location: New York City Ticket Price: General admission is $125, while VIP is $250.

Real Estate 389

Real Estate Realtors Agents Real Estate Agent 389

Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. 166 nationwide in the 2024 RealTrends Verified sales volume rankings, after its agents closed $1.78 Lamacchia Realty is expanding its presence in the Pioneer Valley region of Massachusetts. Based in Waltham, Mass.,

Realty 414

Realty Brokerage Real Estate Realtors 414

Inman

JANUARY 25, 2024

Luxury leaders from Sotheby's International Realty, Compass and Douglas Elliman shared how luxury clients are responding to changes in the market now and how their brokerages each uniquely support agents.

Brokerage 176

Brokerage Realty Clients Agents 176

Housing Wire

NOVEMBER 30, 2023

District Court in Chicago indicated this past spring that the trial in the Moehrl commission lawsuit would take place during the first half of 2024. During the hearing, Wood stated that she would be able to “try the case likely in the fourth quarter of 2024.” Ray’s point that this case should stand on its own.”

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Legal Sellers Realtors Law 414

Housing Wire

MAY 7, 2024

With a 67% annual increase in agent count to 16,680 agents during the first quarter of 2024 , it is no surprise that The Real Brokerage also recorded an 86% annual increase in revenue to nearly $201 million. With Pro Teams, a team or brokerage firm is able to maintain its own internal economics and commission models.

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Agents Brokerage Training Business 424

Housing Wire

MARCH 25, 2024

Today’s brokerage firms must rely on core services to make up for the low margins of the residential real estate practice. As part of the brokerage rankings, RealTrends collects the number of affiliated service transactions a firm does.

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Brokerage Real Estate 422

Housing Wire

FEBRUARY 7, 2024

However, the 85,049 agents lost between October 2022 and January of 2024, is still well below the 400,000-agent drop recorded between 2008 and 2012. In addition to challenging market conditions causing Realtors to allow their membership to lapse, four brokerages are no longer requiring agents to be members of the trade organization.

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Realtors Agents Brokerage Inventory 414

Housing Wire

MARCH 19, 2024

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. billion ), Douglas Elliman ($42.8

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Brokerage Real Estate Realtors Legal 454

Real Estate News

FEBRUARY 9, 2024

A survey of leaders found greater optimism compared to a year ago, but many are concerned about recruiting, profits and commission lawsuits in the year ahead.

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Brokerage 272

Housing Wire

JANUARY 11, 2024

Although what lies ahead in the world of real estate and mortgage services in 2024 remains a bit uncertain, it’s now crystal clear that, beyond the already-tired suggestion that we “survive until ’25,” quite a few businesses will be seeking to find additional sources of revenue.

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Brokerage Real Estate Business Construction 432

Real Estate News

DECEMBER 11, 2023

Most brokerage companies follow a traditional commission-split model, but the landscape is shifting, with some major firms adopting new approaches.

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Brokerage 211

Inman

FEBRUARY 26, 2024

Approximately 28 percent of brokerage leaders believe "recruiting and retaining talent" will be their most challenging responsibility one year from now, according to results from the Inman Intel Index survey.

Brokerage 158

Brokerage Lending Agents Marketing 158

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). ” According to Yun’s forecast, mortgage rates will fall to between 6% and 7% by spring 2024.

Real Estate 450

Real Estate Inventory Sellers Realtors 450

Housing Wire

MAY 7, 2024

Redfin showcased pockets of growth in the first quarter of 2024 despite challenging housing market conditions. The brokerage posted revenue of $225.5 Redfin’s brokerage revenue hovered around $125 million, up 5% from a year ago. Our brokerage sales initiatives are working,” Kelman said in a statement.

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Marketing Brokerage Advertising Agents 395

Housing Wire

AUGUST 4, 2023

Redfin was in the red yet again in the second quarter , but its losses are narrowing and it’s tweaking its unique brokerage model to court more experienced agents in pricey coastal areas. The brokerage and portal’s real estate services division, its principle source of revenue, dropped to $180.6 million, down from $606.9

Brokerage 370

Brokerage Agents Real Estate Marketing 370

Housing Wire

MARCH 22, 2024

To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. Visit Top Producer Related Articles The 9 top real estate lead generation companies for 2024 6 best real estate lead generation websites for 2024 The ultimate guide to real estate lead generation ideas for 2024 2.

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Real Estate Sellers Real Estate Agent Tools 411

Housing Wire

APRIL 17, 2024

Real Estate Lead Generation 6 best places to buy real estate leads in 2024 Mar 18, 2024 By Megan DeMatteo, Meghan Thibault and Megan DeMatteo, Meghan Thibault We recommend the best places to buy real estate leads to give you a shortcut to the closing table.

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Real Estate Marketing Real Estate Agent Tools 420

Housing Wire

MAY 17, 2024

Redfin is expanding its Redfin Next agent payment plan into 25 new markets starting in August 2024. This expansion is a big step toward making this opportunity available to all Redfin agents as we continue to transform our brokerage and grow our presence nationwide.” and the growing South Florida hub of Palm Beach.

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Agents Marketing Brokerage Technology 315