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Redfin’s agent payment plan expands to 25 new markets

Housing Wire

Redfin is expanding its Redfin Next agent payment plan into 25 new markets starting in August 2024. Agents on the Redfin Next payment plan are W-2 employees who receive benefits, including health care, 401(k) matches, mileage, dues, technology tools and team support. Louis; and Virginia.

Agents 315
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Actually Agents joins The Broke Agent within BAM

Housing Wire

Real estate media just got funnier as Actually Agents will join The Broke Agent within BAM , a real estate media company. Simon , creator of The Broke Agent and co-founder of BAM, stated, “This is a huge day for BAM. I have watched Luca grow Actually Agents and always envisioned working together at some point.

Agents 458
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Agents might be more tempted to switch brokerages in 2024

Housing Wire

Real estate agents appear to be more open to changing brokerages in 2024 compared to last year, according to a recent Coldwell Banker survey. The report found that 61% of agents plan to stick with their current company this year, down from 75% of agents in 2023.

Brokerage 409
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Many homebuyers lack knowledge about agent compensation: Redfin 

Housing Wire

As the real estate industry undergoes a significant shift in its commission structure, a recent Redfin survey reveals a lack of knowledge among homebuyers regarding their agents’ compensation. According to the findings, a significant portion of recent homebuyers remain in the dark about crucial aspects of agent payments.

Agents 431
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The best real estate podcasts for agents and brokers in 2024

Housing Wire

We curated a shortlist of the top real estate podcasts that provide useful information for agents at every stage of their careers. 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.

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Former Keller Williams agents continue their legal actions 

Housing Wire

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. Meanwhile, Deborah Ronayne was an agent with Keller Williams from roughly November 2002 to September 2014. But that policy did not impact agents who joined before April 1, 2020.

Legal 397
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GSEs will not count buyer agent commissions as IPCs

Housing Wire

Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday.

Buyers 527