Housing Wire

SEPTEMBER 23, 2024

The Real Brokerage has expanded its footprint into the Richmond, Virginia , area. Nicole Reed Real Estate & Associates is joining Real, bringing an eight-agent team that serves not only Richmond but the Virginia markets of Fredericksburg, Charlottesville and Hampton Roads, in addition to Atlanta.

Brokerage 447

Brokerage Agents Real Estate Finance 447

Housing Wire

SEPTEMBER 3, 2024

For many in the real estate industry, Aug. I am in awe of how many folks decided on Thursday that something was changing on Saturday,” Linda O’Koniewski, the broker-owner of Leading Edge Real Estate , said the week after the business practice changes went into effect. “I In the days immediately following Aug.

Brokerage 436

Brokerage Agents Real Estate Real Estate Agent 436

Housing Wire

JANUARY 14, 2025

When I started my first brokerage in my late twenties, I was full of ambition but had no idea what to expect. If your dream is to own your own brokerage and manage a team of top-performing agents, leading your team to success means much more than hanging a new license on your wall. The terms used vary by state.

Real Estate 291

Real Estate Brokerage Agents Real Estate Agent 291

Housing Wire

SEPTEMBER 10, 2024

Want a killer real estate website? Today’s real estate website builder offers a turnkey, easy-to-use solution to help build your brand, market your business and generate more (and better) leads. Vetted by HousingWire | Our editors independently review the products we recommend.

Real Estate Agent 368

Real Estate Agent Real Estate Brokerage Agents 368

Housing Wire

SEPTEMBER 12, 2024

real estate scene with its rapid growth and increasing appeal to homebuyers. This inventory has only fueled competition among the city’s real estate professionals. RealTrends Verified analysis shows that to break into Charlotte’s top 25 agents, you need to clock in over $23.3 As of Sept.

Real Estate 409

Real Estate Agents Real Estate Agent Sellers 409

Housing Wire

JUNE 25, 2024

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%.

Brokerage 459

Brokerage Agents Realtors Real Estate 459

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

JANUARY 8, 2025

The Real Brokerage is a already a top 10 company in terms of transaction volume and sides and it continued its growth this week in two of the nation’s most populous states. Miami -based Real on Tuesday announced the addition of Harvest Realty , an independent brokerage in Southern California with 550 agents.

Brokerage 396

Brokerage Real Estate Realty Clients 396

Housing Wire

AUGUST 7, 2024

The Real Brokerage isn’t tapping the brakes on its rapid expansion. During its second-quarter 2024 earnings call on Wednesday, the company said it added almost 3,000 agents from April through June, a 70% year-over-year rise and a 250% increase compared to Q2 2022. Our model relies heavily on our agents attracting their friends.

Brokerage 467

Brokerage Agents Technology Housing Market 467

Housing Wire

JUNE 12, 2024

Fast-growing real estate firm The Real Brokerage announced the launch of its Real Partners program on Wednesday. Real Partners is a group of preferred vendors, tools and services for Real agents to utilize. The brokerage is still accepting applications for its partner program.

Brokerage 421

Brokerage Agents Tools Real Estate 421

Housing Wire

DECEMBER 27, 2024

Theres no one-size-fits-all solution when it comes to finding the right transaction management software for your real estate business. Whether youre running a large brokerage, managing a small team or working on your own, the right transaction management platform can take the worry out of compliance and lighten your workload.

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Real Estate Brokerage Contracts Tools 317

Housing Wire

DECEMBER 19, 2024

As 2025 approaches, The Real Brokerage is heading into the new year with more growth-centered momentum. The digital brokerage platform announced another major affiliation this week to strengthen its presence in the luxury market. Real announced this week the affiliation of Urban Nest Realty , a Las Vegas -based brokerage.

Brokerage 390

Brokerage Realty Agents Real Estate 390

Housing Wire

JUNE 3, 2024

Keller Williams Realty has launched a real estate assistant that is powered by generative artificial intelligence (AI) and is trained on the company’s proprietary models, systems, books and training resources. “We Keeping them ahead of the curve, KWIQ empowers agents to work smarter, faster, and more effectively.”

Real Estate 474

Real Estate Training Real Estate Agent Agents 474

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. For all of 2023, the Relitix Agent Movement Index , showed a marked decrease in agent movement. Franchising is another way.

Brokerage 476

Brokerage Real Estate Agents Realty 476

Housing Wire

AUGUST 1, 2024

It is fitting that the 2024 Summer Olympics in Paris are the backdrop for the final two weeks leading up to when the real estate industry will undergo its largest structural change in decades — a feat of near-Olympic proportions. Training on forms has been a central focus of brokerages across the country.

Real Estate Agent 405

Real Estate Agent Real Estate Agents Business 405

Housing Wire

SEPTEMBER 25, 2024

The Real Brokerage has scored a 13-for-1 deal. With the affiliation of the RealD2D Team, Real is adding 40 agents to its footprint in 13 different states, providing the company with the relatively rare opportunity to expand in more than one metropolitan area. At the end of 2021, there were 3,850 agents at Real.

Brokerage 397

Brokerage Agents Client Relationships Real Estate 397

Housing Wire

OCTOBER 9, 2024

If commission rates drop significantly as a result of the National Association of Realtors antitrust lawsuit settlement, it’s potentially an existential threat to many brokerages. That’s because many large brokerages still pay for office space and middle management. But which ones and how many?

Brokerage 401

Brokerage Real Estate Agents Realtors 401

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. This is according to a study published earlier this week by real estate technology firm Clever Real Estate.

Real Estate Agent 446

Real Estate Agent Real Estate Agents Buyers 446

Housing Wire

JUNE 4, 2024

The recent announcement of Homie’s decision to strip its brokerage services and end employment for its real estate agents has once again brought the discussion of alternative models in real estate to the forefront. That’s what discounted brokerages are for now.

Real Estate 451

Real Estate Brokerage Clients Realtors 451

Housing Wire

AUGUST 28, 2024

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI real estate agent.

Real Estate Agent 453

Real Estate Agent Real Estate Agents Modernization 453

Appraisal Buzz

SEPTEMBER 25, 2024

Many real estate agents encounter a variety of challenges throughout their career. Discover how to invest in the proper chances to develop your real estate portfolio and learn how to leverage your existing abilities to tap into alternative cash streams.

Real Estate 370

Real Estate Agents Investing Realty 370

Housing Wire

OCTOBER 15, 2024

Confusion and chaos are still a reality for some real estate professionals in the wake of the NAR settlement-mandated business practice changes, but preparation has been key to minimizing the negative impacts. Although the world didn’t end for the real estate industry on Aug.

Real Estate 446

Real Estate Brokerage Sellers Agents 446

Housing Wire

OCTOBER 4, 2024

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. Training agents on new business practices : 16% noted this as a concern.

Real Estate 434

Real Estate Housing Market Real Estate Agent Marketing 434

Housing Wire

JULY 16, 2024

Dallas-based United Real Estate has joined the cohort of brokerage defendants who have settled the commission lawsuits. On Tuesday, United Real Estate announced that it had reached a nationwide settlement in the Gibson commission lawsuit. As part of the settlement, United will pay $3.7

Real Estate 411

Real Estate Legal Fees Legal Brokerage 411

Housing Wire

JULY 24, 2024

Real estate companies are using artificial intelligence (AI) to improve agent productivity, which they believe will be even more necessary due to changes to their commission structure — mainly on the buyer’s side. In June, the company launched a real estate assistantt, KWIQ , that is powered by generative AI.

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Agents Brokerage Real Estate Agent Real Estate 401

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 436

Brokerage Real Estate Agents Real Estate Agent 436

Housing Wire

SEPTEMBER 18, 2024

Here’s our complete guide to sending and receiving real estate referrals and earning more money this year. We’ll break down everything you need to know about real estate referral fees, including how they work, typical referral fee rates, how to draft and manage referral agreements, and how to develop a successful referral network.

Real Estate 419

Real Estate Real Estate Agent Agents Brokerage 419

Housing Wire

OCTOBER 10, 2024

The Real Brokerage ’s explosive growth continues. The company has added the Grant Johnson Group , based in the Minneapolis area, bringing 55 agents to Real and pushing the brokerage’s total agent count past 22,000. It’s hard to find a brokerage that’s expanding as quickly as Real.

Brokerage 448

Brokerage Agents Real Estate Realty 448

Housing Wire

MARCH 20, 2024

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This paradigm shift significantly benefited all parties involved.

Real Estate 497

Real Estate Buyers Agents Sellers 497

Housing Wire

DECEMBER 27, 2024

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? Its important to understand how real estate teams work for you to decide whether its the right career move for you. How do real estate teams work?

Real Estate 361

Real Estate Tools Agents Real Estate Agent 361

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., However, Leading RE agents and team bested the sales volume.

Real Estate Agent 355

Real Estate Agent Real Estate Agents Brokerage 355

Housing Wire

OCTOBER 11, 2024

Brokerages are scrambling to adapt to the post-settlement landscape of real estate, and more of them are turning to the same method for growing their headcount — acquiring new teams. The addition of teams is an efficient way for major brokerages to bolster agent counts and boost sales volumes on their income statements.

Real Estate 422

Real Estate Brokerage Legal Agents 422

Housing Wire

NOVEMBER 14, 2024

Next year, real estate brokers and team leaders can adapt, innovate and truly thrive in the new market. Here’s four strategies for leaders looking to maximize growth and position their brokerages and teams for success. First, you free up your agents to focus on what they do best: closing deals.

Real Estate 381

Real Estate Brokerage Agents Technology 381

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. Robert Yost is a 19-year veteran in real estate, and Angelica serves as co-team lead and director of growth.

Realty 437

Realty Agents Brokerage Real Estate 437

Housing Wire

AUGUST 20, 2024

Keller Williams is doing its best to live up to its reputation as a brokerage firm heavy on agent education. On Monday, the firm announced the launch of an agent resource webpage known as “Buyer and Seller Agent Tools to Thrive.” I really wanted to meet people where they are,” Abrams said.

Agents 459

Agents Real Estate Agent Brokerage Real Estate 459

Housing Wire

OCTOBER 31, 2024

Real estate agent commissions have held steady since August, but there’s a divergence at different price points. The data is derived from sales by Redfin agents who have closed a transaction in October or are scheduled to by the end of the month. Redfin agents say the biggest difference since Aug.

Real Estate Agent 356

Real Estate Agent Real Estate Agents Brokerage 356

Housing Wire

OCTOBER 31, 2024

What has changed for real estate brokerages since then? 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. While many, like Kelly, consider the new practices a positive for agents and consumers, implementing them was no small task.

Real Estate 373

Real Estate Brokerage Agents Training 373