Housing Wire

APRIL 24, 2024

It is unsurprising, then, that Texas has seen a boom in new real estate brokerage offices in the past five years. 1 brokerage by listing count from 2019 through 2023. The top 10 brokerages in Dallas by listing count were responsible for 12,145 listings in 2023. of the MLS listings held by these brokerages in 2019 to 7.2%

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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. Agents cited several reasons that could compel them to switch brokerages. The survey also examined agents’ priorities when choosing a brokerage to affiliate with.

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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. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.

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Brokerage Real Estate Realtors Real Estate Agent 417

Housing Wire

JANUARY 3, 2024

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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Valuation Brokerage Housing Market Agents 417

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

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Brokerage Real Estate Agent Real Estate Clients 383

Housing Wire

MARCH 27, 2024

Brokerages took notice, resulting in a surge in companies and office locations competing for their share of listings, according to CoreLogic multiple-listing service data shared exclusively with HousingWire. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed.

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Housing Wire

JANUARY 22, 2024

Top-producing mega team PREMIERE Group is joining fast-growing firm The Real Brokerage , according to an announcement on Monday. His vision of building a tech-first, agent-centric brokerage aligns with our mission at Real. PREMIERE was built to be a different kind of brokerage team, so this was not a move we entered lightly.

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Brokerage Agents Realty Clients 446

Housing Wire

MARCH 22, 2024

Each year, RealTrends Verified identifies the country’s most successful residential real estate brokerages, teams and agents – verifying transaction sides and closed sales volume for top-performing real estate brokerages — to give you the full picture of real estate performance.

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Brokerage Realty Real Estate Inventory 417

Housing Wire

FEBRUARY 21, 2024

With market uncertainty, real estate agents had been sticking with their current brokerage., According to Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as agents begin switching brokerages at a faster rate than 2023. but that’s all starting to change. respectively.

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Real Estate Agent Real Estate Brokerage Agents 446

Housing Wire

MARCH 18, 2024

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Trends in the relative movement of experienced real estate agents between brokerages are an important strategic consideration for brokerage and franchise leaders.

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Real Estate Agent Real Estate Brokerage Agents 414

Housing Wire

MARCH 22, 2024

In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning that game. Obviously, brokerages grow in a multitude of ways, with agent movement/recruiting being just one. Berkshire Hathaway HomeServices RW Towne Realty also had a strong showing.

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Brokerage Real Estate Agents Realty 446

Housing Wire

SEPTEMBER 19, 2023

The Real Brokerage continues to add to its agent count. Hettich got his start in real estate at a large national brokerage, while Théard has a successful career as an agent at a small local boutique firm. “By Lafayette, Louisiana-based District South Real Estate Co. has joined Real, according to an announcement on Tuesday.

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Brokerage Agents Real Estate Realty 427

Housing Wire

JANUARY 31, 2024

The top-producing Suarez Team is joining real estate firm The Real Brokerage , according to a company announcement on Wednesday. Real president Sharran Srivatsaa expressed his enthusiasm in welcoming the Suarez Team to his brokerage. “I Before joining Real, the team was affiliated with Keller Williams Beverly Hills. 14 for volume.

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Brokerage Real Estate Training Agents 403

Housing Wire

JANUARY 8, 2024

Boutique luxury brokerage Tate Property Group has joined Coldwell Banker , the company announced last week. The Austin , Texas-based brokerage was founded in 2008 by Pat Tate, who will be jumping to Coldwell Banker with her son, Drew Tate, and three other agents. The group will relocate to the Coldwell Banker’s Westlake office.

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Brokerage Luxury Properties Technology Tools 427

Housing Wire

MARCH 20, 2024

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. Every big brokerage has some of them, but if you think about some of the most productive agents, a lot of them sit on Compass’ platform.

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Brokerage Agents Realtors Real Estate 446

Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger.

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Brokerage Agents Training Business 454

Housing Wire

JANUARY 26, 2024

But all of that changed on Thursday, when Whaley’s counsel filed an amended complaint naming 15 brokerages as defendants. The Brokerage Defendants also serve an essential role in the conspiracy by executing the conspiracy’s objectives on the ground,” the complaint states. “In

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Brokerage Realty Realtors Sellers 427

Housing Wire

APRIL 22, 2024

In fact, the sweet spot for acquisitions over the next couple of years is going to be the small one-office brokerage firms.” With the headwinds facing the real estate industry, Wright and Murray believe smaller brokerage firms will be looking for a place to land, making acquisitions a possibility for even one-office, 25 agent firms.

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Brokerage Real Estate Agents Sellers 436

Housing Wire

AUGUST 30, 2023

In the competitive world of real estate recruitment, brokerages fight for the attention and loyalty of talented agents who can drive their success. As the lifeblood of the industry, agents play an important role in attracting clients, closing deals and determining the ultimate profitability of a brokerage.

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Brokerage Real Estate Agents Training 370

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. Additionally, the independent brokerage is enabling its agents to market luxury listings on Luxury Portfolio International , a company First Team helped create.

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Brokerage Real Estate Agent Real Estate Agents 407

Housing Wire

MAY 9, 2024

In addition to RE/MAX, Anywhere and Keller Williams, NAR, Douglas Elliman , Realty One Group , At World Properties, Compass , HomeServices of America and The Real Brokerage, have also reached settlement agreements. As part of their settlement agreements, Anywhere, RE/MAX and Keller Williams have agreed to pay $83.5 26, 2024.

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Brokerage Realty Sellers Real Estate 383

Real Estate News

MAY 14, 2024

The acquisition of Parks Real Estate and its 1,500 agents now makes Compass the biggest brokerage in the state.

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Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. In real estate and data alike, clarity and trust are paramount. We believe in a content and community flywheel.

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Brokerage Real Estate Agents Sellers 417

Housing Wire

SEPTEMBER 13, 2023

New England-based independent brokerage Bean Group has made the leap to eXp Realty. It is the first brokerage to join eXp Realty through Boost, eXp’s newly released brokerage incentive program. Bean Group, which had been affiliated with LeadingRE , is one of the top brokerages in Northern New England.

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Realty Brokerage Agents Real Estate 417

Housing Wire

AUGUST 30, 2023

Fast-growing firm The Real Brokerage is welcoming yet another top-performing agent to the company. Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. He and his team were most recently brokered at Hague Realty in Scottsdale.

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Brokerage Realty Agents Clients 395

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. Farris, a Tom Ferry Team Coach , is also bringing his weekly FresYes Insider newsletter to the virtual brokerage. Founded in 2014, The Real Brokerage serves 49 states, D.C., million in volume.

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Brokerage Real Estate Agent Real Estate Agents 427

Housing Wire

JULY 21, 2023

Trompeter Real Estate , a boutique brokerage in Jersey City, has joined Ryan Serhant ’s eponymous brokerage SERHANT. Co-founded by Mark Trompeter and Enrique Napoles, Trompeter Real Estate is the third independent brokerage to join SERHANT. in the last couple of months. in a statement. in a statement. “We Joining SERHANT.

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Brokerage Real Estate Tools Marketing 369

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.

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Brokerage Real Estate Agent Realty Agents 406

Housing Wire

SEPTEMBER 20, 2023

Compass’ brokerage firm recruiting efforts continue. Deasy Penner Podley , or DPP Real Estate is the latest boutique brokerage to affiliate with the national firm, according to an announcement on Tuesday. Moving forward, the firm will be known as DPP @ Compass.

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Brokerage Real Estate Architecture Agents 406

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 While reading about the $1.8 according to RTC Consulting data.

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Brokerage Real Estate Agent Agents Real Estate 423

Housing Wire

SEPTEMBER 12, 2023

Delta Media Group , a technology provider for real estate brokerages , launched a new CRM-based, all-in-one digital marketing platform called DeltaNET 7, the company announced on Tuesday. It has already begun rolling it out to brokerages. Delta Pitch also creates a new lead generation opportunity for brokerages.

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Brokerage Marketing Tools Agents 395

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. The brokerage, which was founded in 1976 by Gene Boone, will now be known as RE/MAX Foxfire. “We

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Brokerage Technology Agents Training 406

Housing Wire

FEBRUARY 16, 2024

Path & Post Real Estate appointed Bekki Shae Smith to the role of managing broker, the Georgia -based boutique brokerage announced on Thursday. Before joining Path & Post, Smith was a Realtor , broker and partner at LOCAL Realty North ATL for three years.

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Brokerage Realtors Realty Real Estate 417

Housing Wire

NOVEMBER 7, 2023

West Coast juggernaut independent brokerage John L. Scott Real Estate has acquired boutique brokerage Sterling Johnston Real Estate , based out of Redmond, Washington. 17 in RealTrends’ latest brokerage rankings with $11.1 Scott scooped up another Seattle metro indie brokerage , Fresh Look Real Estate , in summer 2022.

Brokerage 396

Brokerage Real Estate Property Management Agents 396

Housing Wire

OCTOBER 13, 2023

Indie brokerage Legends Real Estate has joined The Real Brokerage , expanding Real’s footprint in No rt hern California. Industry veteran John Pope founded the Sacramento-based brokerage in 2020 and will serve as a regional broker for Real. As part of his new role, he will oversee Northern California for the brokerage.

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Brokerage Real Estate Agents Business 417

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. According to the 2023 RealTrends rankings of top real estate brokerages by sides, Keyes is ranked No. To do so, RealReports is pulling information from over 30 data providers.

Brokerage 406

Brokerage Real Estate Agent Real Estate Tools 406

Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Our brokerage is unique,” Michael Gifford told HousingWire. “It’s Since this model is dependent on selling the home quickly, their move into real estate brokerage is an attempt to control that.

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Brokerage Real Estate Investing Sellers 406