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RE/MAX to lean on high agent productivity during turbulent times

Housing Wire

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Year over year, RE/MAX’s total agent count in Q1 2024 was down 0.2% million in Q1 2024, compared to a net loss of $0.7

Agents 392
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

“In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We Year over year , Compass gained 26 basis points of market share, bringing its total share of home sales in Q1 2024 to 4.76%.

Agents 405
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NAR staffers demand resignation of Bob Goldberg, other leaders

Housing Wire

The National Association of Realtors continues to face demands for change from staffers and members in the wake of the sexual harassment allegations brought forth in the New York Times exposé. Goldberg , the trade group’s current CEO, is currently set to retire at the end of 2024, closing out his 30-year career at NAR.

Law 399
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Glenn Kelman says Redfin has ‘very good defenses’ for commission lawsuit

Housing Wire

In regards to the outcome of the Sitzer/Burnett commission lawsuit , Kelman said it was one that Redfin has long prepared for, which he felt was evident in the firm’s commitment to giving consumers a better deal and the announcement of their break from the National Association of Realtors. I feel a twinge of optimism.

Agents 443
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Lawyer letter details NAR’s internal harassment investigation

Housing Wire

She also claims that if the suit had continued, NAR would have been able to file legal documents that “cast a different light on the allegations.” Goldberg is currently set to retire at the end of 2024, closing out his 30-year career at the trade group.

Legal 408
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How to get a real estate license in Ohio (OH) in 5 steps

Housing Wire

Wondering how to get a real estate license in Ohio in 2024? Check out the best schools for exam prep courses with helpful study aids in our article 7 best real estate classes in Ohio for 2024. SEE ALSO: 7 best real estate classes in Ohio for 2024 Beyond the required 120 hours of education, spend some extra time studying for the exam.

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

1] As a real estate broker in Illinois, it is not legal for you to work independently. The support and mentorship opportunities When selecting a firm, look for a brokerage that will support your professional growth by offering mentorship and training programs. DID YOU KNOW? Where and when can I take continuing education classes?