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Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. Of the 73% who said they preferred using agents, 67% believe traditional real estate agents are still the best option and 6% favor discount agents.
So, let’s start with the basics: What is a real estate broker vs. an agent? To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do?
From luxury property tours to laugh-out-loud real estate memes, these 21 agents and influencers bring the best of the industry right to your phone. Whether you’re an agent, a real estate investor or just love stunning homes, these real estate Instagram accounts are a must-follow. Thats where The Broke Agent comes in!
While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for real estate agents to grow their business in a variety of ways. Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. Join Lab Coat Agents 2.
In an environment where technology is increasingly becoming a recruitment tool for brokerages, eXp Realty has partnered with a data provider in an effort to give its agents an advantage over the competition. This strategic relationship allows us to extend these successful strategies to all our agents and teams at no additional cost.”
The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. This was unambiguous among homebuyers.
To help, we reached out to real estate agents nationwide to compile our list of the best books for real estate agents. Best books for mindset Failing Forward by John Maxwell Rebecca Del Pozo , an agent and trainer out of Washington State, recommended this book, saying, I read this book in 2003 when I was a brand new real estate agent.
The latest data for September 2024 reveals a significant downturn in agent mobility, with the seasonally adjusted metric hitting its lowest point for September in eight years. This decline suggests that agents are increasingly hesitant to switch brokerages as we move deeper into the fall season. a monthly score of 87.4,
Chicago-based Maverick Systems is rapidly expanding its real estate data analytics platform nationwide, offering brokerages a new tool in the competitive landscape for experienced agents. The company is currently profiling about 200,000 real estate agents across the U.S. “We’re changing that paradigm.
Commissions paid to real estate agents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17 , according to a new analysis from Redfin. Buyer’s agent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%.
Understanding that real estate housing markets are hyperlocal, the RealTrends Verified City Rankings represent the newest evolution of RealTrends agent and team rankings. This year’s inaugural rankings feature agents and teams from 50 cities across the U.S., Find out which agents and teams ranked highest in your city here.
Compass is certainly known for luxury property sales , but the nation’s top brokerage based on sales volume is looking to offer even more support to agents working on these types of deals. On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes.
RE/MAX frequently touts the experience and productivity of its agents, 135 of which made the 2024 RealTrends Verified + Tom Ferry The Thousand more than any other brokerage. In 2025, however, the real estate franchisor is looking to welcome in and foster the next generation of top agents.
The real estate market is constantly shifting, and today’s market calls for agents to return to the more tried-and-true marketing strategies. In this article, we’ll take a look at why digital sign-in sheets matter and how savvy agents are using them to maximize their lead-generation strategies.
Israeli startup eSelf AI has developed a technology that provides interactive AI real estate agents capable of answering questions and guiding prospective buyers through listings at any time. Porta da Frente Christies CEO Joo Clia told Fox Business that the firm has seen great results since live-testing the AI agent about a year ago.
Brokerage giant eXp Realty is adding a superstar agent to its ranks. The company announced the recruitment of Phoenix -based agent Joshua Smith, a high producer who closed 297 transactions in 2023. Smith is the latest addition to eXp Realty’s expanding global agent network. agents by the The Wall Street Journal.
USRES’s end-to-end REO asset management services simplify these processes, reducing the administrative burden on agents. This valuation type includes a comprehensive property data collection (PDC) by a RES.NET agent, enhancing the accuracy of property valuations and potentially speeding up the transaction process.
Instead, its continuing to add agents at an explosive rate. On its earnings call for the fourth quarter of 2024, the company disclosed that its agent count was 24,140 at the end of the year. Real credited its technology offerings and business model for the explosive growth in agents. million in 2023 to $4 million in 2024.
As an agent, you know a beautifully staged home turns into a sold one. According to the National Association of REALTORS (NAR), 82% of buyers agents say that home staging makes it easier for a buyer to envision themselves living in a home. As the agent, you know the market.
Disaster-stricken areas can place undue hardship on real estate agents looking to sell houses and sales volumes often take a hit. And a report published this week said that agents in Florida, California and South Carolina are being forced to change tactics to survive in their markets. There are several other examples in the report.
The digital brokerage platform announced on Monday the addition of Amerivest Realty , a Florida-based brokerage, adding 400 agents across Florida , Colorado , Minnesota and Wisconsin to Real’s platform. Amerivest was built on the foundation of empowering agents with the tools and technology to succeed,” he said.
Following this move, 150 agents are joining Real’s platform and strengthening its presence in ROVI’s areas. CEO Steve Rovithis founded the company to offer agents and clients alternative methods to “traditional franchise models.” Steve Rovithis ROVI Homes arrived on the scene in 2015.
A majority of agents believe 2025 is going to be a great year for the housing market. Although agents are split on whether its going to be a buyers or a sellers market, 87% predict that demand will remain very strong over the next year. That will likely make it a busy year for real estate agents.
The brokerage is giving agents at all brokerages access to Coming Soon, which houses its exclusive listings. In the invite to outside brokers and agents to use Coming Soon, Reffkin states that CCP-related mandates prevent Compass agents from sharing Private Exclusives with agents outside of Compass.
We discussed the current market conditions and revisited the propertys previous listing history including that the last agent had failed to sell it, eventually pulling it off the market 60 days later. Unfortunately, the prior agents never reported the incident, allowing the scammer to attempt it again this time, through me.
But for real estate agents who have engaged with the H4P program, there is a true opportunity to cultivate strong business, according to two agents who spoke with HousingWire s Reverse Mortgage Daily (RMD). Sometimes, agents feel like we just have to sell a house, he said. Hale said this piece cannot be overlooked.
She went from a brand new agent in 2020 to running her wildly successful boutique brokerage with Side in less than four years. Luckily, she had the time to (patiently) walk us through the exact strategies she used to build a Zoomer real estate brand on TikTok and gave us her advice for new agents. Most agents dont bother.
The CPC points to commission structures that discourage price negotiations and cause consumers to underestimate the true cost of agent fees. Buyer agents , who are supposed to advocate for their clients, may actually have a financial motivation to keep home prices high. The issue is backed by academic research.
In some states, the door has been open for many years to real estate agents who want to access their local MLS without being a Realtor. More choices for agents PAR refers to its non-Realtor option as MLS Choice. But controversy has been rising of late after actions by associations in Phoenix and Austin.
It offered an innovative take on the agent compensation model and got a headstart on Zillow in the portal wars. They still have to bear the cost of those agents, despite production not being there in a terrible housing market.” Since the first quarter of 2021, Redfins agent count has fallen by 22.5%. It shows in the data.
In her objection, Monestier claims there is “ample evidence” of agents asking buyers to sign modified buyer representation agreements, which allow the buyer’s broker to increase their agreed-upon compensation to whatever the seller is offering. Additionally, Monestier’s objection also claims that agents are still engaging in steering.
This is evident when you ask any highly successful agent where they find their clients. That’s wonderful and something to be admired, yet I’ve had many agents who are earlier in their careers ask me HOW these agents built this referral machine. Asking for referrals can be intimidating for some agents and it can feel sales-y.
According to HomeLight ‘s Top Agent Insights report released this week, real estate agents are feeling this and are being forced to switch up tactics to attract buyers. HomeLight is an Arizona -based real estate platform designed to connect agents with clients. 30 and Nov. 30 and Nov.
In the latest episode of the RealTrending podcast , Amy Stockberger — broker-owner of Amy Stockberger Real Estate — joins Tracey Velt for a tantalizing conversation that covers her teamerage’s unique “Lifetime Home Support” model and other ways that agents can provide value to home buyers and sellers.
This is an exciting milestone for all Keller Williams agents and franchisees, Gary Keller, the co-founder and executive chairman of Keller Williams, said in a prepared statement. Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian.
31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. For us, probably the biggest change has just been a refocus on the engagement that our agents have with the consumer at the inception of a real estate transaction,” Kelly said.
31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. And it is a little bit early, but some of the preliminary data I have looked at show that sellers are continuing to pay buyer agent compensation.” It is no secret that many first-time homebuyers are struggling.
Interior property data company CubiCasa announced the launch of an interactive touring product for listing agents. CubiCasa President Jeff Allen stresses how difficult it can be for most agents to create an engaging home tour. Agents also have the freedom to integrate parts of their new property tour with existing listings.
Real estate agents who rely heavily on cold calling may need to rethink some of their marketing tactics. For real estate agents with a penchant for cold calling, this does not mean that they can no longer cold call. Additionally, agents must still adhere to existing restrictions through the National Do Not Call Registry.
Youve likely heard about real estate teams and how they can impact your career but what exactly are they, and why are so many agents joining or building teams? Our goal is to help educate you on what a real estate team is, how they work and the types of agents who thrive on teams. If youre reading this article, youre not alone.
This is especially true when various MLSs, brokerages and agents are taking their own approaches to dealing with the business practice changes. As Sharran Srivatsaa , the president of The Real Brokerage , sees it, there are two primary agent camps right now. It is actually forcing agents to improve their communication.
per month per user Contract required: Month-to-month Integrations: Popular CRM platforms, lead generation platforms, accounting software Dotloop is perfect for bringing agents, clients, and support teams together on every transaction. Transact gives agents all the necessities along with additional features that are easy to use.
The addition of teams is an efficient way for major brokerages to bolster agent counts and boost sales volumes on their income statements. Overall, teams with two to five agents spend less on lead generation than teams with six or more agents. The median team size increased from five in 2022 to six in 2024.
They discuss the utility of artificial intelligence (AI) for the real estate industry, as well as JPARs solutions designed to enhance agent and brokerage performance. Another thing that we’ve also done which also helps our agents, not just our affiliates is that weve taken a personality profile and turned it into a quiz with AI.
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