Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too. While this seems obvious, I hear time and time again how agents are trying to “convince” people to work with them.

Real Estate Agent 336

Real Estate Agent Real Estate Agents Sellers 336

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

Agents 410

Agents Brokerage Real Estate Clients 410

Housing Wire

MARCH 4, 2024

housing market, HousingWire has partnered with Illinois Realtors , bringing exclusive news, market data and housing research to the 50,000 Illinois Realtors that power the state’s real estate market. Read the latest real estate coverage from HousingWire here.

Realtors 440

Realtors Real Estate Housing Market Brokerage 440

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%.

Clients 459

Clients Agents Buyers Sellers 459

Housing Wire

MARCH 13, 2024

Real estate is a vibrant, dynamic and competitive industry. As a way to deal with this, many agents and brokers seek out professional mentorship as a means to gain insight and level up their performance. A quick internet search will prove that real estate coaching programs are plentiful. Ventures. “So

Real Estate 459

Real Estate Real Estate Agent Agents Training 459

Housing Wire

FEBRUARY 1, 2024

Sure, your real estate landing pages look great — but do they convert? A good real estate website includes more than just drool-worthy images of homes priced to sell. Most importantly, your website should be designed with prospective clients in mind, giving them the exact information they need and steps to get in touch.

Real Estate 472

Real Estate Real Estate Agent Agents Brokerage 472

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. When you buy through our links, we may earn a commission.

Real Estate 438

Real Estate Sellers Real Estate Agent Tools 438

Housing Wire

FEBRUARY 21, 2024

The National Association of Realtors (NAR) announced on Wednesday the addition of a home repair estimate app to its package of NAR Realtor Benefits for members. We are thrilled to provide NAR members and their clients with access to our reliable pre-listing home improvements with pay-at-closing terms.”

Home Improvement 431

Home Improvement Realtors Real Estate Agent Inspection 431

Housing Wire

MARCH 8, 2024

Success in the real estate industry hinges not just on what you know, but who you know. For real estate professionals , turning networking into a regular practice is key to long-term success. Cultivate genuine relationships Another crucial aspect of networking in real estate lies in forging genuine connections.

Real Estate 412

Real Estate Tools Clients Project Management 412

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 439

Real Estate Agent Real Estate Agents Brokerage 439

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Carlson cited RealTrends Verified data to illustrate how productive RE/MAX agents are. to 143,287 agents.

Agents 410

Agents Real Estate Training Buyers 410

Housing Wire

APRIL 1, 2021

Shawneequa Badger, leads an agent team at Corcoran Living in Oakland. Sudi Hernandez of Cloud 9 Real Estate Group loses leads when a client hears her Cuban accent. James Dunn of eXp Realty surprised a client with his answer to their question, “You’re white, right?”. That compares to a U.S. Already a member?

Real Estate Agent 417

Real Estate Agent Real Estate Agents Open Houses 417

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Some agents reported not having made any changes to their business due to the lawsuits, while others have.

Agents 420

Agents Realtors Clients Real Estate Agent 420

Housing Wire

JANUARY 10, 2024

In the world of real estate , transactions are not merely about properties but also the people behind them. Rethinking branded gifts One common practice in the real estate industry is gifting branded items like Cutco knives to home buyers and sellers. Add the clients’ names and the date of their closing.

Real Estate 407

Real Estate Clients Retail Client Relationships 407

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. Don’t panic. The executives said they received more than 150 questions.

Agents 456

Agents Advertising Real Estate Buyers 456

Housing Wire

MARCH 8, 2024

It was mid-February when clients, family and friends began asking Jason Posnick about strange postcards appearing in their mailboxes. If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. Lisa is super on the pulse.

Agents 451

Agents Legal Realtors Clients 451

Housing Wire

NOVEMBER 14, 2023

While the lawsuit does name large corporate brokerage firms as defendants, including Keller Williams , Side , HomeServices of America , and Fathom Realty , the robust defendant list also includes real estate teams, such as The Loken Group and Hexagon Group , as well as an individual broker, Mark Anthony Dimas.

Real Estate 435

Real Estate Realtors Realty Buyers 435

Housing Wire

OCTOBER 31, 2023

Phillip Cantrell is the CEO of Benchmark Realty LLC based in Franklin, Tennessee and the executive vice president of Strategy for United Real Estate. The rule change will prohibit listing brokers from paying buyer’s agents and will instead require sellers to pay them directly if they choose to pay them at all. Look around.

Real Estate 445

Real Estate Realtors Agents Buyers 445

Housing Wire

NOVEMBER 1, 2023

Just hours after securing a victory for his home seller clients in the landmark Sitzer/Burnett commission lawsuit, Michael Ketchmark, the lead attorney for the plaintiffs, filed another class action antitrust lawsuit against some of the real estate industry’s biggest players, in U.S. District Court for Western Missouri.

Real Estate 447

Real Estate Brokerage Sellers Law 447

Housing Wire

OCTOBER 16, 2023

The National Association of Realtors , Keller Williams , and Berkshire Hathaway are still going to court to fight the allegations. Here’s what they had to say: Value Proposition : There’s a recurring theme of agents needing to articulate their value proposition, especially when it comes to representing buyers.

Real Estate 418

Real Estate Brokerage Training Agents 418

Housing Wire

AUGUST 2, 2021

Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of San Diego. Do you need an agent when you have 10 buyers for every home?” Agents don’t want to hear that. The reason is simple: demand is through the roof. “Do

Real Estate Agent 468

Real Estate Agent Real Estate Agents Realty 468

Housing Wire

JANUARY 18, 2021

That’s what real estate agents are here for. Almost 90% of buyers recently used a real estate agent or broker to purchase their home, according to the National Association of Realtors. A real estate agent is a licensed professional who can guide you through the homebuying process.

Real Estate Agent 545

Real Estate Agent Real Estate Agents Buyers 545

Housing Wire

MARCH 14, 2024

Like the Department of Justice , the Federal Reserve has decided to weigh in on the real estate agent commission debate. of them including an offer to pay 3% of the sales price to the buyer’s agent. Because of this, the authors believe buyer agents are then able to “command commission above cost.”

Agents 438

Agents Legal Real Estate Agent Buyers 438

Housing Wire

JANUARY 10, 2024

Most agents seldom sell homes, according to a new study published by the Consumer Federation of America last week. The study, CFA’s third of three on this topic, suggests that a significant portion of agents in the U.S. sell at most five homes in a year. On this, NAR has previously reached the same conclusion.

Agents 458

Agents Real Estate Real Estate Agent Training 458

Housing Wire

NOVEMBER 29, 2023

However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

Agents 457

Agents Brokerage Training Real Estate 457

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits.

Buyers 447

Buyers Agents Real Estate Agent Clients 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 459

Agents Brokerage Training Business 459

Housing Wire

APRIL 23, 2024

Real estate coach Tom Ferry is launching a new artificial intelligence (AI)-powered chatbot that is specifically designed for real estate professionals. A beta version of the tool launched in August 2023 for Tom Ferry coaching clients. or 8 p.m.”

Tools 369

Tools Real Estate Training Real Estate Agent 369

Housing Wire

NOVEMBER 30, 2023

Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. How long does it take to get a real estate license in Ohio?

Real Estate 441

Real Estate Real Estate Agent Brokerage Agents 441

Housing Wire

DECEMBER 27, 2023

When Jen Dillard, broker and team leader of Jen Dillard Real Estate Team, and her family first moved to Hood River, Oregon, she didn’t know anyone. She hadn’t started her real estate business there yet, and she was lonely — so to meet new people, she decided to throw a holiday party and invite anyone she could. “I

Real Estate 452

Real Estate Business Advertising Clients 452

Housing Wire

OCTOBER 4, 2021

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. Still, nearly half reported that they use it to help them build and maintain relationships with existing clients or to promote listings.

Realtors 493

Realtors Agents Technology Brokerage 493

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether?

Agents 461

Agents Buyers Real Estate Agent Loan Officers 461

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.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

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. Anthony Djon, CEO of Anthony Djon Luxury Real Estate , said his company gets 90% of its leads from listing portals Zillow and Realtor.com.

Brokerage 414

Brokerage Real Estate Realtors Real Estate Agent 414

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 373

Agents Brokerage Real Estate Tools 373

Housing Wire

JULY 20, 2023

There have been numerous studies done on client retention over the years, and while the exact figures vary, most suggest that it can be anywhere from five to 25 times more expensive to acquire a new client than to keep an existing one. As real estate professionals, we know this. Set, and stick to, client retention goals.

Clients 260

Clients Real Estate Open Houses Agents 260

Housing Wire

NOVEMBER 13, 2023

I recently read editorials and articles by such esteemed publications as The Economist , Entrepreneur Magazine , and The Wall Street Journal concerning the antitrust real estate commission lawsuits. by 1% to 2% just by cutting the commission paid to buyer’s agents.” Home prices would likely fall.”

Real Estate 375

Real Estate Realtors Agents Buyers 375