Housing Wire

JULY 9, 2024

Fast-growing firm The Real Brokerage is celebrating its 10 th anniversary by announcing that it has surpassed 20,000 agents. In an announcement on Tuesday, the firm said it has added roughly 1,000 agents per month throughout the first half of 2024. “I Tafoya Real Estate , which is led by Scott Tafoya and is comprised of 40 agents.

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Brokerage Agents Real Estate Realty 421

Housing Wire

JULY 22, 2024

One of the most common complaints I hear from new agents is that there just aren’t enough hours in the day. A real estate agent’s schedule should be flexible enough to deal with last-minute emergencies yet rigid enough to complete your mission-critical tasks. When you buy through our links, we may earn a commission.

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Real Estate Agent Real Estate Agents Clients 444

Housing Wire

JULY 15, 2024

Compass has nabbed a pair of top agents to add to its teams in Florida and Colorado. I’ve seen the collaboration among all of the agents. Agents in the office have approached me proactively for how they can help me acclimate and offer tips on what’s working best for them.”

Agents 405

Agents Brokerage Real Estate Business 405

Housing Wire

JUNE 6, 2024

Relitix’s latest release of the Agent Movement Index (AMI) for April 2024 reveals a surprising shift in the dynamics of real estate agents , indicating potential changes in market conditions and strategies among brokerages. The propensity for agents to move has been increasing since early fall of 2023.

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Real Estate Agent Real Estate Agents Brokerage 460

Housing Wire

JULY 23, 2024

Keller Williams market centers have shared more than $2 billion in profits with affiliated agents though the firm’s profit-sharing program, according to an announcement on Monday. “We Prior to this change, vested “former” agents benefited from a 100% profit-share distribution even after their departure.

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Agents Brokerage Design Business 428

Housing Wire

JULY 22, 2024

Watch any of the glamorous pseudo-reality real estate shows on TV, and you might be tempted to become a part-time real estate agent. Most of the agents you see on TV wearing $1500 outfits work 80+ hours per week. Most of the agents in my office worked equally long hours. Most of the agents in my office worked equally long hours.

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Real Estate Agent Real Estate Clients Agents 416

Housing Wire

JULY 11, 2024

RE/MAX is expanding its footprint in Salt Lake City with the acquisition of a 60-agent team. “RE/MAX has the tools and systems and resources that agents need in today’s real estate environment,” Mehinovic said in a statement. “I I want to provide my agents what they need to best serve their clients. “I

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Agents Real Estate Brokerage Tools 428

Housing Wire

MAY 20, 2024

This article suggests a way this could be done while increasing the chances buyer agent compensation would be negotiated. When the buyer found a property, they would like to make an offer on, the buyer would submit to the seller (through their agent) an offer that included both the home price and the buyer broker commission.

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Buyers Agents Counter Offer Sellers 426

Housing Wire

SEPTEMBER 28, 2023

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.

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Agents Real Estate Agent Real Estate Tools 472

Housing Wire

JUNE 25, 2024

An expensive housing market doesn’t necessarily translate into a lucrative one for real estate agents. That’s according to a new report from Clever Real Estate , a company that connects homebuyers and sellers with agents. in terms of how friendly they are to agents. 11 among the best cities for agents.

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Real Estate Agent Real Estate Agents Housing Market 409

Housing Wire

JUNE 11, 2024

According to a survey published by Clever Real Estate , 67% of the general public supports the changes, while 70% of real estate agents oppose them. But 70% of agents have reportedly fielded questions from current clients about the NAR settlement and its impact on commissions.

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Real Estate Agents Sellers Real Estate Agent 441

Housing Wire

JULY 8, 2024

s agents and team leaders. While the show certainly boosts the profiles of the agents showcased, as reality TV often does, it doesn’t always show the full picture of what their business really looks like. HousingWire decided to dig into the data to see how many deals the agents and teams featured on the show are doing.

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Agents Business Real Estate Investing 526

Housing Wire

NOVEMBER 27, 2023

Real estate agents are continuing to stay put, moving much less between brokerages than the post- pandemic peak seen in the summer of 2021, according to the latest Relitix Agent Movement Index. representing a decline in annualized movement of agents of over 18%. The most recent trailing 12-month value shows a new low of 89.4,

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Real Estate Agent Real Estate Agents Brokerage 435

Housing Wire

APRIL 11, 2024

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.

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Agents Real Estate Sellers Buyers 441

Housing Wire

APRIL 25, 2024

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.

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Legal Agents Brokerage Real Estate 422

Housing Wire

JUNE 5, 2024

real estate brokerage Compass announced Wednesday that it has hired Hal Bennett, a high-producing agent based in the Seattle area. Bennett formerly worked with Redfin , where he was recognized by RealTrends among the top-producing agents in the state of Washington in 2023. Bennett ranked No. 16 in the state with 63 sides and was No.

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Agents Brokerage Tools Real Estate 414

Housing Wire

MAY 17, 2024

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.

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Agents Marketing Brokerage Technology 427

Housing Wire

JUNE 25, 2024

If real estate brokerages fail to make changes to their operations, 79% of them will be unprofitable if the terms of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement lead to typical agent commissions dropping to 2%. This is according to a study published Tuesday by AccountTECH.

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Brokerage Agents Realtors Real Estate 432

Housing Wire

JUNE 12, 2024

Real Partners is a group of preferred vendors, tools and services for Real agents to utilize. Our mission at Real is to provide our agents and teams with a platform of possibilities from which to reach their full potential,” Real President Sharran Srivatsaa said in a statement.

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Brokerage Agents Tools Real Estate 441

Housing Wire

MARCH 18, 2024

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Additionally, the drop in active agent count, representing those agents with a closing in the last 12 months, has been halted. respectively.

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Real Estate Agent Real Estate Brokerage Agents 404

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 450

Housing Wire

MAY 24, 2024

With the industry quickly changing and the market conditions that we are facing, the impact of both having this strong network of our affiliated agents and brokers, but also the power of the scale of our organization behind them is really evident. I have also learned a lot about the power of scale.

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Agents Real Estate Training Tools 417

Housing Wire

MAY 22, 2024

Real Luxury , as the division will be known, will focus on helping luxury agents and teams, as well as their exclusive clients. The firm said that the launch of Real Luxury is in response to the growing number of luxury real estate agents and teams joining Real. “We

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Clients Agents Real Estate Agent Brokerage 441

Housing Wire

MAY 2, 2024

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.

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Brokerage Agents Advertising Real Estate Agent 420

Housing Wire

MAY 29, 2024

HousingWire recently caught up with Austin to discuss leadership through these challenging times, as well as the current struggles facing agents and brokers. It is an uphill battle going from an environment where agents feel too busy to take a vacation to now this feast-or-famine situation that we have because there is such little inventory.

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Agents Real Estate Agent Real Estate Clients 397

Housing Wire

JUNE 10, 2024

Coldwell Banker Realty is adding another top-producing agent to its roster. Vicky is a highly regarded agent in the Bay Area and we are thrilled that she has chosen to affiliate with the Redwood City-San Carlos office,” Jennifer Lind, the Western regional president of Coldwell Banker Realty, said in a statement.

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Realty Agents Real Estate Inspection 418

Housing Wire

APRIL 15, 2024

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.

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Buyers Agents Real Estate Agent Sellers 530

Housing Wire

APRIL 26, 2024

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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Real Estate Agents Real Estate Agent Training 466

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. No other brokerage can offer agents a big traditional split and all the benefits, support, technology and customer introductions that we provide here at Redfin.

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Agents Marketing Brokerage Real Estate 421

Housing Wire

OCTOBER 3, 2023

HousingWire recently spoke with Ashley Terrell, chief revenue officer at Milestones , about the value of real estate agents and why it is critical for the industry to start helping buyers’ agents justify their value not only during the 30-60 day transaction period but through the 7-10 year period of homeownership. What’s driving this?

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Agents Buyers Real Estate Agent Real Estate 421

Housing Wire

MAY 3, 2024

eXp Realty has acquired Broker’s LLC , a 500-agent independent brokerage based in South Florida and founded by Claudia Serna, eXp announced on Thursday. With the acquisition, Broker’s LLC agents will have access to eXp Realty’s global network, along with opportunities for cross-learning and international business expansion. “We

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Brokerage Agents Realty Business 418

Real Estate News

JULY 19, 2024

So can agents. The industry has weathered many storms, and through it all, has grown and thrived. Jay Thompson shares 4 ways to leverage the changes ahead.

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Agents 270

Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. In a statement issued on Tuesday, the MBA said that it welcomes this move from the VA.

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Buyers Agents Real Estate Agent Real Estate 517

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 We can definitely call a bottom to the decline in agent movement,” said Rob Keefe, Relitix founder and president.

Real Estate Agent 450

Real Estate Agent Real Estate Agents Brokerage 450

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

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Buyers Agents Mortgage Real Estate Agent 504

Housing Wire

MAY 2, 2024

But that policy did not impact agents who joined before April 1, 2020. But in August 2023 , during KW’s Mega Agent Camp event in Austin, the company’s International Associate Leadership Council (IALC) voted to revise the profit-sharing distribution policy. District Court of Maine. An incentive to go back to Keller Williams remained.

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Agents Brokerage Legal Real Estate 431

Housing Wire

APRIL 17, 2024

The latest findings from Relitix’s Agent Movement Index (AMI) for March 2024 reveal a nuanced landscape in the real estate sector, with shifts in agent activities suggesting stabilizing and evolving market conditions. The agent movement reflects the relative mobility of experienced agents between brokerages.

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421