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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 In addition to Compass’ market share gains, the firm also recorded a 10% annual bump in revenue to $1.05

Agents 440
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RE/MAX settles buyer broker commission lawsuits for $55 million

Housing Wire

According to court documents filed on Monday, RE/MAX and the home sellers suing the firm in both the Moehrl and Sitzer/Burnett cases, which both deal with buyer brokers’ commissions, have reached a preliminary settlement agreement, settling all claims in both suits. In fact, the U.S.

Buyers 491
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

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. Jane Doe specializes in luxury markets.” After all, prospective clients are trusting you with one of their biggest financial decisions.

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

Housing Wire

model of local MLS broker marketplaces has long been — and still is — considered the best value in the world. There is likely to be some other certain brokers in certain markets who are going to drop their membership now,” Murray said. “I Sometimes, noticing and speaking are revolutionary acts.”

Realtors 332
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Common Real Estate Appraisal Myths

East Coast Appraisal

Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the seller, a home appraisal ensures they price their property correctly. Home Appraisal Value Is the Same as Market Value.

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9 Things Clients Expect from Their Real Estate Agent

McKissock

This also includes similar listings, any off-market properties, or likewise properties in other areas your client may or may not have considered. Be Educated on the Market. Your client will look to you as the expert on their target market and areas of interest. Have a Defined Marketing Plan.

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Navigating the Move: Logistics of a Smooth Home Selling Transition

Lamacchia Realty

Understand Your Property’s Value It’s important to know what kind of real estate market you’re getting into when selling your home, which is why thorough research is so important. Have a good understanding of the current market trends in your area. It’s a hassle-free way to prep your home for the market.