Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In We are a company of top agents.” annual increase in the number of transactions closed by Compass agents, which came in at 38,449 sides for a volume of $40.1 in 2003. “We

Agents 431

Agents Brokerage Real Estate Clients 431

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 447

Buyers Contracts Agents Realtors 447

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. That means we believe a skilled agent will outperform an unskilled agent 10 to 1.

Agents 424

Agents Brokerage Training Business 424

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.

Agents 414

Agents Marketing Brokerage Real Estate 414

Housing Wire

OCTOBER 6, 2023

million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public, and they stipulate that the brokerage conglomerate make significant changes to its practices. Anywhere will eliminate any minimum client commission requirements that company owned brokerages may have.

Buyers 424

Buyers Brokerage Agents Sellers 424

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. The brokerage, which was founded in 1976 by Gene Boone, will now be known as RE/MAX Foxfire.

Brokerage 404

Brokerage Technology Agents Training 404

Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. You work hard to serve clients and grow your business. You market your brand and business online.

Brokerage 414

Brokerage Real Estate Agents Sellers 414

Housing Wire

MARCH 22, 2024

Based on NAR’s settlement, agents working with buyers will need a signed buyer representation agreement starting in mid-July, pending final court approval of the settlement. Bills Clarke said this is exactly how agents already work with sellers, so it shouldn’t be a big deal to implement buyer agreements into a business.

Buyers 471

Buyers Contracts Real Estate Agents 471

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. The final approval of the settlements did not come without hiccups. Such extraordinary action would be inappropriate.”

Brokerage 382

Brokerage Realty Sellers Real Estate 382

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 393

Buyers Agents Loan Officers Real Estate 393

Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 433

Agents Advertising Real Estate Buyers 433

Housing Wire

MARCH 20, 2024

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation.

Real Estate 471

Real Estate Buyers Agents Sellers 471

Housing Wire

MAY 14, 2024

Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents. We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. “We More than 80% of recent buyers asked for at least one seller concession.

Real Estate Agent 442

Real Estate Agent Agents Real Estate Buyers 442

Housing Wire

OCTOBER 11, 2023

These lawsuits threaten to radically reshape the residential brokerage landscape, and could be the catalyst for a fat decline in the annual commission pool as well as the industry shedding as many as 80% of agents, according to a team of analysts at Keefe Bruyette Woods. You are forewarned — there are charts! Who’s most exposed?

Real Estate Agent 471

Real Estate Agent Real Estate Agents Brokerage 471

Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Clients must retain a stake of at least 20% in their homes. Hence, Splitero Homes will primarily serve sellers of homes that are already clients of Splitero Funding , the home equity investment business.

Brokerage 404

Brokerage Real Estate Investing Sellers 404

Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I They are going to be going a lot for negotiation,” Edgerton said.

Brokerage 414

Brokerage Real Estate Agents Sellers 414

Housing Wire

AUGUST 28, 2020

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. billion in VC funding, is looking to bring aboard real estate agents in Phoenix, Arizona, to support its “Home Reserve” iBuying platform, according to Inman , which spotted a jobs posting Friday morning.

Brokerage 535

Brokerage Real Estate Agent Agents Real Estate 535

Housing Wire

OCTOBER 19, 2023

1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent. Starting Jan.

Sellers 424

Sellers Agents Brokerage Real Estate 424

Housing Wire

FEBRUARY 8, 2023

Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. That changes now,” Homelendia CEO Frank Chimento said in a press release.

Brokerage 370

Brokerage Mortgage Training Lending 370

Housing Wire

MAY 3, 2024

“While there are a lot of factors currently affecting the real estate market, one thing remains constant: RE/MAX agents leverage their skills, experience and competitive advantages to serve as many customers as they can,” said Erik Carlson , who was appointed as the firm’s CEO in November. He noted that the average RE/MAX agent closed 11.8

Agents 413

Agents Real Estate Training Buyers 413

Housing Wire

JANUARY 29, 2024

Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. The good news is that most clients are excited to share their positive experiences. That’s where real estate testimonials come into play.

Real Estate 404

Real Estate Clients Real Estate Agent Agents 404

Housing Wire

APRIL 22, 2024

According to Florance, the capabilities Matterport offers real estate agents, which are not just limited to floor plans, will allow homebuyers to view properties without staging or with their own furniture in the property. In turn, this will allow agents to provide even more value to their clients. Brands matter.”

Real Estate 411

Real Estate Brokerage Agents Real Estate Agent 411

Housing Wire

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing. ” What’s at stake?

Buyers 450

Buyers Brokerage Agents Realtors 450

Housing Wire

MARCH 12, 2024

A little over a month after formally relaunching homebuyer refunds under its Sign & Save program, Redfin announced that Sign & Save is now available to clients nationwide. The buyer will receive the refund at closing. In July 2022, Redfin moved to eliminate the commission refund it offered to buyers in 22 markets.

Real Estate 439

Real Estate Brokerage Agents Clients 439

Housing Wire

APRIL 24, 2024

Another brokerage has decided to settle the commission lawsuits. Additionally, all agents licensed under these firms are also covered by the proposed settlement. The brokerage also said it will not provide agents with any software that filters or restricts MLS listings based on the level of compensation being offered.

Brokerage 386

Brokerage Real Estate Agents Sellers 386

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life. Of course, you can’t do everything — but consistency is important.

Real Estate 404

Real Estate Buyers Tools Real Estate Agent 404

Housing Wire

FEBRUARY 29, 2024

Real estate agents gathered at the Palladium Theater in New York City’s Times Square on Thursday to learn networking and lead generation strategies from some of the nation’s top luxury real estate agents at the Goldbar Live conference. Dina Goldentayer, the top Miami -based Douglas Elliman agent, shared her spin on this advice. “I

Agents 433

Agents Real Estate Real Estate Agent Marketing 433

Housing Wire

MAY 2, 2024

Luxury brokerage Engel & Volkers Atlanta is expanding its footprint in the Georgia capital through the acquisition of AtHome & Co., will allow us to further our reach and deliver the highest quality service to more buyers and sellers.” the company announced on Wednesday. The addition of AtHome & Co.

Brokerage 421

Brokerage Real Estate Sellers Clients 421

Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” But even with all the negative nouns used to describe some real estate agents, the majority of real estate agents are professional and valuable. And before getting my real estate license in 2009, I had the same opinion, too.

Real Estate Agent 326

Real Estate Agent Real Estate Agents Sellers 326

Housing Wire

MAY 3, 2024

As a result, PrimeMLS’s 12,000 member agents will have access to RealReports’s wealth of property data. The product is marketed toward real estate agents to help them build trust and credibility with their clients, a joint news release states. “In

Real Estate Agent 424

Real Estate Agent Real Estate Clients Agents 424

Housing Wire

JULY 21, 2023

The nation’s second largest multiple listing service , Bright MLS , will begin allowing listing agents to put in a blanket offer of compensation for buyer brokers of zero dollars or more, starting on August 9. While Bright MLS, which serves clients in Delaware, Pennsylvania, Maryland, Virginia, New Jersey, Washington, D.C.,

Buyers 370

Buyers Clients Sellers Realtors 370

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.

Real Estate 457

Real Estate Agents Real Estate Agent Training 457

Housing Wire

JULY 28, 2023

Real estate agents and business leaders play a pivotal role in improving the cities in which they operate, making community service an essential value to their professions. Demonstrate your values to customers Buyers and sellers want more than just transactional relationships with their agents.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

APRIL 22, 2024

My name is (your name), and I’m a licensed real estate professional with (your brokerage). Access to a hyper-local agent is more important now than ever. Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell.

Real Estate 431

Real Estate Open Houses Brokerage Real Estate Agent 431

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. The self-reported list ranks U.S. 186 spot on the Inc.

Brokerage 370

Brokerage Real Estate Realty Real Estate Agent 370

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Presented by: Axis Technical Group.

Brokerage 393

Brokerage Real Estate Lending Mortgage 393

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 404

Real Estate Agent Real Estate Agents Clients 404