Housing Wire

NOVEMBER 5, 2024

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.

Real Estate Agent 434

Real Estate Agent Real Estate Sellers Agents 434

Housing Wire

SEPTEMBER 9, 2024

This places Miami among the top-tier real estate markets in the country, attracting both local and international buyers and driving intense competition among real estate agents. RealTrends Verified City Rankings highlight the highest-performing agents in Miami and other key markets across the U.S. As of Sept.

Real Estate 452

Real Estate Agents Marketing Real Estate Agent 452

Housing Wire

OCTOBER 28, 2024

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.”

Realty 419

Realty Agents Brokerage Tools 419

Housing Wire

DECEMBER 6, 2024

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.

Realty 393

Realty Agents Real Estate Brokerage 393

Housing Wire

SEPTEMBER 30, 2024

The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. Now, with agent commissions starting to decline, agents naturally want to convey the value of their services to buyers and sellers.

Agents 488

Agents Real Estate Agent Real Estate Sellers 488

Housing Wire

OCTOBER 23, 2024

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,

Agents 453

Agents Brokerage Real Estate Realtors 453

Housing Wire

SEPTEMBER 27, 2024

The latest release data as of August 2024 indicates a significant decline in agent mobility, with the seasonally adjusted AMI metric hitting a new record low. This trend suggests that agents are increasingly less likely to consider switching brokerages as we head into the fall season. a monthly score of 94.7,

Agents 427

Agents Brokerage Training Buyers 427

Housing Wire

SEPTEMBER 26, 2024

In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. in buyer’s agent compensation, down 0.13% from the average prior to the business practice changes.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Buyers 468

Appraisal Buzz

OCTOBER 31, 2024

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%.

Real Estate Agent 386

Real Estate Agent Real Estate Agents Sellers 386

Housing Wire

SEPTEMBER 9, 2024

The new rules mandated by the National Association of Realtors’ (NAR) antitrust settlement are designed to encourage more negotiations for buyer agent commissions. That’s according to Redfin , which interviewed dozens of its agents about what they’re seeing on the ground in regard to buyer commission conversations.

Agents 475

Agents Marketing Sellers Buyers 475

Housing Wire

NOVEMBER 13, 2024

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.

Agents 370

Agents Marketing Luxury Properties Real Estate 370

Housing Wire

OCTOBER 16, 2024

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.

Real Estate Agent 443

Real Estate Agent Real Estate Agents Brokerage 443

Housing Wire

DECEMBER 4, 2024

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.

Agents 397

Agents Brokerage Real Estate Technology 397

Housing Wire

OCTOBER 9, 2024

In its race against other brokerages to add agents, eXp Realty has scored big in California. Prime Real Estate Team is leaving the white-label brokerage Side and taking its 21 agents to eXp. eXp is one of a few national brokerages that are adding agents and teams at a rapid pace.

Realty 448

Realty Agents Brokerage Real Estate 448

Housing Wire

OCTOBER 3, 2024

Conrad discusses best practices for transparent conversations between listing agents and sellers, the value of educating sellers on the new buyer agent compensation agreements , and ways to show your value as a professional agent. She also explores JPAR’s agent training and resource efforts.

Sellers 444

Sellers Agents Training Clients 444

Housing Wire

OCTOBER 17, 2024

The Agency founder Mauricio Umansky doesn’t think that the game of “musical chairs” that is agent recruiting is good for the real estate industry, but this week his company can tally a win.

Agents 444

Agents Real Estate Real Estate Agent Tools 444

Housing Wire

OCTOBER 1, 2024

The role and value of real estate agents has come under scrutiny since the National Association of Realtors (NAR) settled a bevy of antitrust lawsuits related to offers of agent compensation on Realtor-owned multiple listing services (MLSs). What we want to do is be able to bring to light everything the agents are actually doing.”

Agents 448

Agents Real Estate Agent Real Estate Brokerage 448

Housing Wire

OCTOBER 24, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. One constant has been questions over agent commissions , which were at the center of the legal battle. If both agents and consumers anticipate that commissions will decline, that belief could lead to reality, in our view.”

Agents 448

Agents Real Estate Sellers Brokerage 448

Appraisal Buzz

OCTOBER 29, 2024

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.

Real Estate Agent 356

Real Estate Agent Real Estate Agents Valuation 356

Housing Wire

OCTOBER 23, 2024

Successful listing agents know that the key to securing a listing is preparation. Proactive agents do the work ahead of time and know what to expect going into every listing appointment. ask this at the end of the appointment) “I understand you’re interviewing several agents. Several pens. Business cards.

Agents 432

Agents Real Estate Sellers Real Estate Agent 432

Housing Wire

SEPTEMBER 27, 2024

In a recent episode of “The Loan Officer Podcast,” host Dustin Owen and guest John Coleman explore key tips that all aspiring real estate agents should know when navigating mortgage financing for a potential client. A final point urges agents to not rush mortgage preapprovals before moving forward in the process.

Finance 440

Finance Agents Mortgage Loan Officers 440

Housing Wire

OCTOBER 9, 2024

A pair of top-producing agents are returning to Coldwell Banker Realty. The Charlotte-based agent has dealt with her share of luxury listings over the years, twice setting the record for highest-priced home sale in the North Carolina hub. I’m very excited to be back and working with my esteemed colleagues,” Walsh said in a statement.

Realty 435

Realty Agents Real Estate Clients 435

Housing Wire

NOVEMBER 4, 2024

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.

Realty 397

Realty Agents Brokerage Tools 397

Housing Wire

DECEMBER 5, 2024

For decades, referrals have been the backbone of a real estate agents business. But in an era where nearly everything begins with a Google search, the way buyers connect with agents has changed dramatically. Buyers are increasingly conducting their own online review of prospective agents before choosing one.

Agents 368

Agents Real Estate Agent Real Estate Clients 368

Housing Wire

OCTOBER 15, 2024

Although the decision is ultimately highly personal and based on a buyer’s budget, needs, and preferences, there are a few things agents need to consider to help them make the best decisions. It can be tough for a buyer to choose when faced with the allure of a brand-new build or the charm and affordability of an older home.

Construction 487

Construction Buyers Agents Marketing 487

Housing Wire

DECEMBER 10, 2024

Realty ONE Group is letting agents decide if they want to renew their National Association of Realtors (NAR) membership. In an announcement on Tuesday, the brokerage company said that it has created a program that allows agents in eight metro areas in Arizona to choose whether or not they affiliate with NAR.

Realty 334

Realty Agents Brokerage Realtors 334

Housing Wire

NOVEMBER 19, 2024

In this fireside chat, Velt and Lane explore her approach to leadership, Coldwell Banker’s unique focus on agent development and its training program that is designed to teach effective communication. Velt: Some buyer’s agents haven’t had to portray value in a presentation. What’s your 30-second elevator speech?

Development 369

Development Agents Real Estate Realty 369

Housing Wire

NOVEMBER 4, 2024

The arrangement known as cooperative compensation allows sellers to choose to offset the cost of buyers’ agents. The settlement requires listing agents to stop making offers of compensation for buyer’s agents on Multiple Listing Services (MLSs). It explicitly allows for such offers to be made off-MLS, however.

Buyers 319

Buyers Sellers Agents Real Estate 319

Housing Wire

OCTOBER 10, 2024

Agents and LOs are grappling with heavily damaged housing markets in the Southeast. Tampa-area agent Jeff Borham of eXp Realty said that insurance can’t be binded once a storm is named. ” But it won’t be too long until sales rise again, he said, adding that good agents are ingrained in the community.

Agents 427

Agents Insurance Housing Market New Listings 427

Housing Wire

NOVEMBER 18, 2024

For real estate agents, this economic reality can present both challenges and opportunities, and determine strategies in markets across the country. New York and Arizona follow closely with about 69,000 and 56,000 agents, respectively. Agents who pivot toward rentals can tap into a steady revenue stream. Last year, 44.5

Real Estate 395

Real Estate Agents Real Estate Agent Marketing 395

Housing Wire

OCTOBER 23, 2024

By partnering with Ohio Realtors, we’re reinforcing our commitment to breaking down industry silos and empowering agents with comprehensive data, research, and expert journalism. “HousingWire’s goal is to be the go-to independent source of information that housing leaders trust,” said Clayton Collins, CEO of HousingWire. “By

Realtors 432

Realtors Agents Marketing Real Estate 432

Housing Wire

DECEMBER 9, 2024

Velt: How has the post-NAR settlement transition been for you and your agents? As we expand, it’s just so important to me that every decision reflects our integrity, culture and our community focus. Davin: We were fortunate to have already been executing buyer agreements since the inception of the company.

Brokerage 332

Brokerage Agents Real Estate Buyers 332

Housing Wire

OCTOBER 28, 2024

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.

Business 468

Business Sellers Realtors Buyers 468

Housing Wire

DECEMBER 12, 2024

Several JRE agents serve on local boards and nonprofits across the island. “Those who are looking to buy, sell, and rent homes onNantucketor elsewhere will also benefit from our combined local expertise and dynamic agent referral network throughout the Northeast,Florida, and the Carolinas.”

Real Estate 361

Real Estate Brokerage Agents Realty 361

Housing Wire

SEPTEMBER 18, 2024

Agent-to-agent referrals aren’t as commonly mentioned in most real estate lead generation training courses as cold calling or door knocking. Yet referrals are one of the best ways new agents can close more deals and earn more money. Sometimes, a real estate agent may choose not to work with a specific buyer or seller.

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

AUGUST 26, 2024

Although the industry is barely than a week into the “ new normal ,” some real estate agents and brokers are already seeing smaller buy-side commissions. “It I’m seeing lower fees because a lot of agents who aren’t strong, in order to get a buyer to sign on with them, they are lowering their cost,” O’Koniewski said.

Brokerage 511

Brokerage Agents Real Estate Business 511

Housing Wire

NOVEMBER 11, 2024

But separating the serious buyers from the hundreds of millions of looky-loos has always been the challenge, particularly when the business focus was on advertising revenue from agents. ” If a deal closes, Zillow will collect 40% of the agent’s commission.

Business 459

Business Mortgage Loan Officers Agents 459