Housing Wire

JULY 24, 2024

Alisande Heriyanto , vice president of product and tech support at The Corcoran Group , which focuses on the luxury home market, said on stage during HousingWire ‘s AI Summit in Dallas on Tuesday that the company is adopting AI in its product ecosystem to bring more efficiency to real estate agents.

Agents 435

Agents Brokerage Real Estate Agent Real Estate 435

Housing Wire

OCTOBER 17, 2023

Agents are moving between brokerages at a much slower pace than the post-pandemic peak seen in the summer of 2021, according to Relitix’s Agent Movement Index. The index shows the relative degree of movement between brokerages by experienced agents and is indexed to the level of mobility in January 2016.

Real Estate Agent 409

Real Estate Agent Real Estate Agents Brokerage 409

Housing Wire

APRIL 17, 2024

Moreover, the AMI reveals an upward trend in agents switching between brokerages, though the expected peak for March fell short of previous highs, the overall trend continues generally upward. The agent movement reflects the relative mobility of experienced agents between brokerages.

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421

Housing Wire

APRIL 16, 2024

In the wake of the recent NAR settlement , coupled with persistently sluggish home sales and high interest rates , real estate agents find themselves at a crossroads marked by uncertainty and unease. Amidst this backdrop, brokerages face a critical task; keeping their agent counts from diminishing.

Real Estate Agent 450

Real Estate Agent Real Estate Agents Brokerage 450

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. Next, the discussion of real estate agent commissions has been longstanding.

Real Estate Agent 330

Real Estate Agent Real Estate Agents Sellers 330

Inman

JULY 9, 2024

The publicly traded real estate brokerage reached the milestone on its 10th anniversary and set its sights on a closing-bell celebration at the Nasdaq exchange Tuesday afternoon.

Real Estate Agent 193

Real Estate Agent Brokerage Real Estate Agents 193

Housing Wire

MAY 17, 2024

As a real estate agent , you’re in the business of helping people plan for their future — whether it’s helping prospective buyers find their forever home, starter house , or next investment property. But it can be even more difficult for real estate agents since many are self-employed.

Real Estate Agent 425

Real Estate Agent Real Estate Agents Investing 425

Housing Wire

OCTOBER 11, 2023

These lawsuits threaten to radically reshape the residential brokerage landscape, and could be the catalyst for a fat decline in the annual commission pool as well as the industry shedding as many as 80% of agents, according to a team of analysts at Keefe Bruyette Woods. If 1 million agents disappear? Who’s most exposed?

Real Estate Agent 479

Real Estate Agent Real Estate Agents Brokerage 479

Housing Wire

OCTOBER 13, 2023

It’s a weird time to be a real estate agent , and I see it all around me here in the Denver metro. Brokers who rode the proverbial wave of real estate during the pandemic and have now had to reroute or pivot to figure out how to navigate a market that was once boasting the lowest rates in decades are disoriented.

Real Estate Agent 479

Real Estate Agent Real Estate Agents Marketing 479

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. 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.

Real Estate Agent 410

Real Estate Agent Real Estate Agents Clients 410

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

MAY 13, 2024

Parks Real Estate includes the Pilkerton Realtors brand and is led by CEO Hunter Connelly. 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.

Brokerage 384

Brokerage Real Estate Agent Real Estate Agents 384

Housing Wire

MARCH 15, 2021

Also, we figured they would wake up one day, and say, ‘Hey, we’re a brokerage.’”. Zillow, for years, made money selling leads to real estate agents, a practice that agents like Herrera already felt ambivalent toward. The post Where real estate agents fit into Zillow’s grand vision appeared first on HousingWire.

Real Estate Agent 508

Real Estate Agent Real Estate Agents Brokerage 508

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 421

Real Estate Agent Real Estate Agents Brokerage 421

Housing Wire

MAY 2, 2024

Real estate agents appear to be more open to changing brokerages in 2024 compared to last year, according to a recent Coldwell Banker survey. The report found that 61% of agents plan to stick with their current company this year, down from 75% of agents in 2023.

Brokerage 420

Brokerage Agents Advertising Real Estate Agent 420

Housing Wire

MAY 25, 2021

But the session did not reach a looming inflection point for real estate agents: Whether they must tell homebuyers what commission percentage they stand to make. At issue is unprecedented transparency required out of real estate agents. The NAR says that the matter is now in the Justice Department’s hands.

Real Estate Agent 421

Real Estate Agent Real Estate Agents Realtors 421

Housing Wire

AUGUST 9, 2023

This piece will explore some of the key domains where AI is having the greatest impact for real estate agents, brokers and the innovative companies leading the charge. The vast majority of real estate agents do not make it past the first touchpoint before they drop off, leaving an immense amount of opportunity on the table.”

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

JULY 28, 2023

Real estate agents and business leaders play a pivotal role in improving the cities in which they operate, making community service an essential value to their professions. Promotes agent team building From small teams to large brokerages, community service provides a platform for team building within firms.

Real Estate Agent 368

Real Estate Agent Real Estate Agents Clients 368

Housing Wire

MAY 2, 2024

Things just keep getting better, according to real estate brokers surveyed for the Q2 2024 HousingWire BrokerPulse survey , with 54% who are “optimistic” about the next three months in residential brokerage, compared to some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey who felt the same.

Brokerage 417

Brokerage Training Real Estate Real Estate Agent 417

Housing Wire

JUNE 6, 2024

The Real Brokerage announced Thursday the addition of several new teams across the U.S. last month as the publicly traded company pushed its agent count above 19,000. Real has experienced rapid growth since the start of the year, a trajectory that it credits in part to the addition of its Private Label and Pro Teams programs.

Brokerage 432

Brokerage Real Estate Agents Real Estate Agent 432

Housing Wire

JULY 12, 2023

You know what loan officers and real estate agents love almost as much as cashing a commission check? Complaining about other loan officers and real estate agents. It shouldn’t surprise you that a sizable percentage of newer LOs and real estate agents are washing out in the current market.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Loan Officers 370

Housing Wire

SEPTEMBER 6, 2023

California-based RE/MAX Proper has acquired All Nations Realty and Investments , an independent brokerage in Rancho Cucamonga. In total, 126 agents and staff members at All Nations have joined RE/Max Proper, increasing the total agent count to 203, up from 70 when the former indie brokerage affiliated with the RE/MAX brand in May.

Brokerage 408

Brokerage Real Estate Agent Realty Agents 408

Housing Wire

OCTOBER 25, 2023

First Team Real Estate , the largest independent brokerage in California , left Christie’s International Real Estate , the company first told Inman on Wednesday. Christie’s International Real Estate told Inman that the parting was “mutual.” First Team was with Christie’s for about 10 years.

Brokerage 409

Brokerage Real Estate Agent Real Estate Agents 409

Appraisal Buzz

JUNE 28, 2024

But a new study recently released by AccountTECH, an accounting software provider for the real estate industry, shows that virtually all brokerages across the U.S. If that number rises to 2.5%, 60% of brokerages become unprofitable. will become unprofitable once the market changes from the NAR settlement go into effect.

Brokerage 354

Brokerage Real Estate Agents Real Estate Agent 354

Housing Wire

OCTOBER 2, 2023

FresYes Realty , one of California ‘s top real estate agent teams, has left the indie ranks to join The Real Brokerage. Jason Farris and his 50-agent team were the top large team in California by sides in 2021, according to the RealTrends 2022 rankings. The fast-growing brokerage posted a $3.97

Brokerage 432

Brokerage Real Estate Agent Real Estate Agents 432

Housing Wire

JUNE 20, 2024

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. According to Saleh, Zoom Home Lending is licensed in several states and works with real estate agents for leads.

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Lending Brokerage Human Resources Real Estate Agent 432

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 Umpa suit is the only commission lawsuit in which Real has been named as a defendant. The brokerage will pay $9.25 The Real Brokerage closed $14.4

Brokerage 384

Brokerage Real Estate Agent Real Estate Clients 384

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

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. AF Realty Group is the smallest of the new defendants with just 15 agents, according to the complaint.

Brokerage 432

Brokerage Realty Real Estate Agent Real Estate 432

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. Through this collaboration, all Keyes agents will benefit from RealReports, BHR’s flagship product. To do so, RealReports is pulling information from over 30 data providers.

Brokerage 402

Brokerage Real Estate Agent Real Estate Tools 402

Housing Wire

JANUARY 19, 2021

I saw a social media post recently by our local ‘mega-agent’ entitled: “Breaking News: Individual Real Estate agents added to Endangered Professions List!”. This post compares the individual real estate agent to “a tennis player using a wooden racket” or “a football player with a leather helmet.”

Real Estate Agent 450

Real Estate Agent Real Estate Agents Clients 450

Housing Wire

SEPTEMBER 22, 2023

Lamacchia Realty , a full-service real estate brokerage firm licensed in six states, acquired the Seekonk, Massachusetts-based brokerage, Keystone Property Group , the company announced on Monday. Meanwhile, Anthony Lamacchia, broker/owner of Lamacchia Realty also welcomed Hedrick and her agents to the brokerage. “I

Realty 410

Realty Brokerage Real Estate Agent Real Estate 410

Housing Wire

AUGUST 14, 2023

Several days without MLS access can add up for a brokerage, Gerrett Snedaker, broker at Better Homes and Gardens Real Estate|Wine Country Group, told North Bay Business Journal. Somewhat fortunately, he said, August tends to be a slower time in South Californian real estate market.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Brokerage 370

Housing Wire

FEBRUARY 14, 2024

The power of branding in real estate In the real estate world, there’s a prevailing belief that “You are the brand” as an agent. I still own the national trademark for The Address , which was the name of my first independent brokerage. It could apply to the real estate industry, mortgage, or design.

Real Estate Agent 432

Real Estate Agent Real Estate Agents Brokerage 432

Housing Wire

NOVEMBER 20, 2023

I decided to break down the numbers and look at brokerage economics. According to data from RTC Consulting and RealTrends , the total gross commission paid out to residential brokerage firms and their agents over the past five years was approximately $420.9 goes to the agents and teams. While reading about the $1.8

Brokerage 410

Brokerage Real Estate Agent Agents Real Estate 410

Housing Wire

JULY 27, 2023

However, in terms of the average price of properties closed, our research shows that individual agents have the upper hand. While most brokerage firms have embraced teams, some have not. This report can serve as guidance when choosing teams for your brokerage.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Brokerage 370

Housing Wire

APRIL 1, 2021

Amy Kong of Trust Real Estate hosts open houses where people ask, “Where is the agent?”. These are instances of racism experienced by Hispanic, Black and Asian real estate agents. But they point to something more specific – homebuyers and sellers surprised to interact with a non-white real estate agent.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Open Houses 397