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Texas-based independent brokerage joins The Real Brokerage

Housing Wire

The Real Brokerage welcomes Texas -based independent brokerage The Property Shop , led by Season Ware, the company announced on Friday. The Property Shop joined Real under its Private Label program, which allows independent brokerages to maintain their own brand while reaping the benefits associated with being a part of Real.

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The Real Brokerage surpasses 20,000 agents

Housing Wire

Fast-growing firm The Real Brokerage is celebrating its 10 th anniversary by announcing that it has surpassed 20,000 agents. Realty Group , a Southern New Hampshire -based independent brokerage led by Jill O’Shaughnessy. I can’t tell you what an amazing feeling it is to reach this milestone. Jill & Co.

Brokerage 421
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The Real Brokerage adds more teams in May

Housing Wire

The Real Brokerage announced Thursday the addition of several new teams across the U.S. The newly released 2024 RealTrends Verified rankings , based on 2023 data, showed that Real was the sixth-largest brokerage in the country for sides (48,905) and ranked No. The independent brokerage generated a sales volume of $75 million last year.

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Austin independent brokerage joins Keller Williams

Housing Wire

Austin-based independent brokerage TJ Lewis Real Estate is affiliating with Keller Williams , according to an announcement on Tuesday. According to the news release, TJ Lewis will affiliate directly with Keller Williams’ Austin Southwest market center.

Brokerage 384
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Nearly 80% of brokerages won’t be profitable with lower agent commissions: AccountTECH

Housing Wire

If real estate brokerages fail to make changes to their operations, 79% of them will be unprofitable if the terms of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement lead to typical agent commissions dropping to 2%. This is according to a study published Tuesday by AccountTECH.

Brokerage 432
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Top Tennessee brokerage merges with Compass

Housing Wire

Today, we have significantly added to our presence in the Southeast, welcoming the top brokerage in Tennessee,“ Reffkin said in a statement. 1 brokerage in the state by sales volume and the No. 26 brokerage nationwide, according to the 2024 RealTrends Verified rankings. ”We With the continued migration of the U.S.

Brokerage 384
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Here’s how brokerage valuation works

Housing Wire

Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention and production of independent contractor sales agents. approach to value.

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