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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We Compass has the best value proposition for buyers of any brokerage firm,” Reffkin said.

Agents 429
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Industry reacts to Redfin-NAR split: ‘It’s a crack in the wall’

Housing Wire

Redfin put the real estate industry on notice Monday morning, announcing that it will require agents to cancel their National Association of Realtors membership where possible. model of local MLS broker marketplaces has long been — and still is — considered the best value in the world.

Realtors 323
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RE/MAX settles buyer broker commission lawsuits for $55 million

Housing Wire

Yet another national real estate brokerage firm has reached a settlement agreement in two of the major class action antitrust lawsuits facing the real estate industry. In the SEC filing, RE/MAX stated that the settlement was not an admission of liability. .” In fact, the U.S. We look forward to arguing our case in court.”

Buyers 479
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17 Realtors® Go Back in Time: First Year Real Estate Advice

Raleigh Realty

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” Buzzwords to use Try these buzzwords and phrases to reference your accreditations and designations: “Jane Doe is a member of the REALTOR® Association of Pittsburgh.” “In Jane Doe specializes in luxury markets.”

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Simplify Real Estate Investment: Essential House Flipper Platforms You Need Now

Listing Spark

Traditionally, only licensed brokerages and agents have access to the MLS. Rather than budgeting a percentage of your sale price, you can more accurately predict your expenses by leveraging a flat-fee service, which is often a fraction of the cost of hiring a realtor. Moreover, these platforms help you save on labor costs.

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Best real estate apps for agents in 2024

Housing Wire

Best features: Helps buyers visualize living in a home Helps clients find vetted contractors, architects, and interior designers Design inspiration and advice from licensed professionals Collaboration tools to share design ideas with agents, family members, and professionals Visit Houzz Canva Monthly price: Free- $9.99