Housing Wire

NOVEMBER 1, 2024

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?

Real Estate 440

Real Estate Real Estate Agent Agents Brokerage 440

Housing Wire

NOVEMBER 14, 2024

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.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Realtors 418

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. The former option allows independent brokerages to join Real and use its resources while maintaining their current brand. 10 for sales volume ($21.2

Brokerage 422

Brokerage Real Estate Agents Real Estate Agent 422

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.

Agents 385

Agents Brokerage Real Estate Agent Real Estate 385

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 457

Agents Real Estate Agent Brokerage Real Estate 457

Housing Wire

JULY 10, 2024

In a difficult housing market for Realtors, experience matters — a lot. That’s the conclusion of the 2024 Member Profile poll from the National Association of Realtors (NAR), which shows a sharp divergence in income when comparing more experienced agents to their less experienced colleagues. million per agent in 2022 to $2.5

Realtors 382

Realtors Inventory Agents Clients 382

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 428

Realty Agents Brokerage Real Estate 428

Housing Wire

MAY 7, 2024

With a 67% annual increase in agent count to 16,680 agents during the first quarter of 2024 , it is no surprise that The Real Brokerage also recorded an 86% annual increase in revenue to nearly $201 million. That means we believe a skilled agent will outperform an unskilled agent 10 to 1.

Agents 451

Agents Brokerage Training Business 451

Housing Wire

AUGUST 12, 2024

Many brokerage firms are trepidatiously moving to a model with no cooperative compensation in light of the impending business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement. refuses to work with buy-side agents. Peter Voss at 3% Listing Co.

Brokerage 421

Brokerage Agents Sellers Buyers 421

Housing Wire

AUGUST 6, 2024

In March 2024, the National Association of Realtors (NAR) settled the nationwide commission lawsuits and agreed to several business practice changes, including a mandate that buyers sign a broker representation agreement prior to going on a home tour with their agent. 17 where we are creating liability for ourselves and our agents.

Brokerage 448

Brokerage Realtors Agents Real Estate 448

Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. In a statement issued on Tuesday, the MBA said that it welcomes this move from the VA.

Buyers 523

Buyers Agents Real Estate Agent Real Estate 523

Housing Wire

NOVEMBER 20, 2024

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.

Real Estate Agent 465

Real Estate Agent Real Estate Agents Sellers 465

Housing Wire

DECEMBER 4, 2024

While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year. At the end of the day, if you build value for people, people will follow.”

Brokerage 376

Brokerage Agents Technology Clients 376

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. As a result of this scheme, the purportedly non-negotiable commissions of buyer agents are rolled into the sale price of homes.

Brokerage 438

Brokerage Realty Real Estate Agent Real Estate 438

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 386

Brokerage Real Estate Agents Realtors 386

Housing Wire

MAY 6, 2024

AI -powered real estate assistant Sidekick unveiled a partnership with the San Francisco Association of Realtors (SFAR) on Monday. The collaboration will allow the region’s 4,000 agents to leverage Sidekick’s integrated datasets and workflows, making SFAR the first association to offer a generative AI assistant to its members.

Realtors 371

Realtors Real Estate Valuation Agents 371

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. With the continued migration of the U.S.

Brokerage 365

Brokerage Real Estate Agent Real Estate Agents 365

Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. Founded in 1971 by Paul Sears, Sears Real Estate is owned and operated by the family of current National Association of Realtors president Kevin Sears. Kevin Sears, President of National Association of Realtors. “It

Realty 445

Realty Brokerage Real Estate Realtors 445

Housing Wire

NOVEMBER 4, 2024

The Real Brokerage ‘s expansion trend has continued with another major acquisition. 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.

Realty 369

Realty Agents Brokerage Tools 369

Housing Wire

SEPTEMBER 10, 2024

To help you find the best real estate website builder for your needs, our team of agents, brokers, and tech experts researched and ranked the best real estate website builders for 2024. We looked at pricing, design quality, ease of use, lead generation features, and then combed online reviews to get feedback from other working Realtors.

Real Estate Agent 353

Real Estate Agent Real Estate Brokerage Agents 353

Housing Wire

APRIL 1, 2024

HousingWire has partnered with New Hampshire Association of Realtors (NHAR) to bring original data, analytics and news to its members who are the voice for real estate in the state. Our strategy is simple – be the independent source of information housing leaders seek first, and trust the most,” Clayton Collins, HousingWire CEO, said. “By

Realtors 379

Realtors Brokerage Tools Inventory 379

Housing Wire

OCTOBER 23, 2024

Ohio REALTORS, one of the largest and most influential real estate associations in the Midwest, has announced its partnership with HousingWire , the leading source for housing market news and information. This partnership underscores Ohio REALTORS ‘ commitment to supporting its members through education and professional development.

Realtors 346

Realtors Agents Marketing Real Estate 346

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 513

Buyers Agents Mortgage Real Estate Agent 513

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 445

Real Estate Agent Real Estate Agents Brokerage 445

Housing Wire

JULY 24, 2024

The Real Brokerage has poached a high-performing Realtor team in Cleveland. Real has been among the fastest growing brokerages since its founding 10 years ago. Earlier in July, the company announced that it has surpassed 20,000 agents, adding about 1,000 agents per month over the course of 2024.

Agents 419

Agents Brokerage Training Real Estate 419

Housing Wire

AUGUST 23, 2024

In the newest episode of the RealTrending podcast , host Tracey Velt chats with Ryan Michaelis, chief growth strategist at Worth Clark Realty , about business growth through recruitment, flat-fee models for agents and the effects of the National Association of Realtors ’ (NAR) settlement on buyers and sellers across the industry.

Brokerage 366

Brokerage Property Management Agents Real Estate 366

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). But Rayse also plans integration for seller agents sometime in 2025.

Agents 413

Agents Real Estate Agent Real Estate Brokerage 413

Housing Wire

OCTOBER 19, 2023

1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent. Starting Jan.

Sellers 459

Sellers Agents Real Estate Brokerage 459

Housing Wire

SEPTEMBER 25, 2024

The Alabama Association of Realtors is calling out for change in national membership models. But according to many in the industry, Realtors in Alabama are not the only ones seeking more choice. Additionally, they note they will no longer be collecting their agents’ membership dues for the associations.

Realtors 379

Realtors Agents Real Estate Brokerage 379

Housing Wire

APRIL 17, 2024

The latest findings from Relitix’s Agent Movement Index (AMI) for March 2024 reveal a nuanced landscape in the real estate sector, with shifts in agent activities suggesting stabilizing and evolving market conditions. The broader impact of the National Association of Realtors (NAR) settlement is still unfolding.

Real Estate Agent 394

Real Estate Agent Real Estate Agents Brokerage 394

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

AUGUST 1, 2024

Like the athletes in Paris, Realtors and brokers across the U.S. 17, the date on which the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement are set to go into effect. Training on forms has been a central focus of brokerages across the country.

Real Estate Agent 389

Real Estate Agent Real Estate Agents Business 389

Housing Wire

AUGUST 25, 2024

With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job. Here’s why: Good software might help your brokerage stay afloat in a post-lawsuit market. When you buy through our links, we may earn a commission.

Real Estate 358

Real Estate Brokerage Contracts Training 358

Housing Wire

AUGUST 2, 2024

For real estate professionals, the business practice changes outlined in the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement —which are set to go into effect on Aug. This will leave the professional, high-performing agents to take care of the buyers who wish to have representation.

Brokerage 367

Brokerage Business Agents Buyers 367

Housing Wire

SEPTEMBER 11, 2024

Velt starts the conversation by asking Carrion for background on his purchase of the brokerage. Carrion said he sought to unify the company — including all agents, managers and marketers — toward better customer service that would help homebuyers purchase the properties they truly want. Carrion said he is more than happy to listen.

Brokerage 388

Brokerage Agents Real Estate Realtors 388

Housing Wire

JANUARY 18, 2024

The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate industry of colluding to artificially inflate real estate agent commissions. It was filed on Wednesday in U.S. District Court in Los Angeles. The two MLSs named in the suit California Regional MLS and Combined L.A.

Realtors 477

Realtors Brokerage Real Estate Realty 477

Housing Wire

AUGUST 28, 2024

In short order, she started her own brokerage — Gold Group Realty — that pulled her family out of poverty and into success. Iowa Realtor Lori Bogle has a similar story. Instead, agents view the rule changes as an opportunity to better serve their buyers and sellers. It just doesn’t. So I love that.”

Agents 440

Agents Real Estate Realty Real Estate Agent 440