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Why regular check-ins are the unsung heroes of agent retention

Housing Wire

According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years. During these meetings, you can explore how agents might better utilize the brokerage’s resources — be it marketing support, technology tools or training modules — to maximize their independent initiatives.

Agents 436
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BHHS CEO Gino Blefari: ‘Doesn’t agree with it one bit’ about commission conspiracy

Housing Wire

As Ketchmark began his questioning, he tried to show that the structure of HomeServices as the parent company of so many affiliates and franchises had the effect of enforcing the National Association of Realtors’ commission and Clear Cooperation policies. “Maybe the local company or the MLS does, but we don’t,” Blefari testified.

Sellers 436
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Opinion: Prepare for a future without guaranteed shared compensation

Housing Wire

Compound that with the many sexual harassment and incompetency claims recently leveled against the National Association of Realtors (NAR) , and the confusion is understandable. Sadly, the understanding of the difference between a client and a customer is pitifully poor in our industry. But you do so at your own risk. Imagine that.

Agents 417
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17 Realtors® Go Back in Time: First Year Real Estate Advice

Raleigh Realty

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

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As the market shifts to purchase, LOs get creative

Housing Wire

This advertising strategy, among a handful of others, has helped the LO connect with Russian-speaking Realtors and win the business of borrowers from former Soviet countries. “I Borrowers have called me from seeing my advertising in the stores and a couple of Realtors, too.”. trillion in 2021.

Marketing 414
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How rookie agents are faring during the pandemic

Housing Wire

At the close of 2019, the National Association of Realtors had 1.4 The pandemic forced many to take online classes, limited in-person interaction with clients and deprived them of the opportunity to observe their mentors and brokers in action. Online training doesn’t always work. million members. Sales experience helps.

Agents 392
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Real estate teams beat brokerage firms in profitability

Housing Wire

Back in 2017, RealTrends partnered with the California Association of Realtors to study real estate teams. However, teams spent 18% of gross margin on advertising and marketing; while brokerages spent about 2.4%. “Back then, principal brokers who formed a company recruited agents to help them take care of referrals.”.