Housing Wire
APRIL 8, 2024
Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The brokerage will pay $9.25 The Real Brokerage closed $14.4 The Umpa suit is the only commission lawsuit in which Real has been named as a defendant.
Housing Wire
APRIL 22, 2024
With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.
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Housing Wire
NOVEMBER 1, 2023
Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.
Housing Wire
JANUARY 22, 2024
Top-producing mega team PREMIERE Group is joining fast-growing firm The Real Brokerage , according to an announcement on Monday. Founded in 2017 in Greensboro, North Carolina by David Keener, the PREMIERE Group operates as a teamerage , providing agents with marketing and operations resources. Keener’s teamerage was ranked No.
Housing Wire
JANUARY 8, 2024
Boutique luxury brokerage Tate Property Group has joined Coldwell Banker , the company announced last week. The Austin , Texas-based brokerage was founded in 2008 by Pat Tate, who will be jumping to Coldwell Banker with her son, Drew Tate, and three other agents. The group will relocate to the Coldwell Banker’s Westlake office.
Housing Wire
NOVEMBER 29, 2023
A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.
Housing Wire
AUGUST 30, 2023
Fast-growing firm The Real Brokerage is welcoming yet another top-performing agent to the company. Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. He and his team were most recently brokered at Hague Realty in Scottsdale.
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