Housing Wire

AUGUST 15, 2024

The new rules mandated by the National Association of Realtors ‘ (NAR) settlement of class-action lawsuits related to buyer agent commissions take effect in just two days, and brokerages and MLSs are scrambling to find the best ways to implement them. Our focus is on education and providing resources to all agents.

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Brokerage Training Agents Clients 448

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.

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Brokerage Agents Client Relationships Real Estate 397

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?

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Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

JANUARY 25, 2024

The data are sobering: The Agent Movement Index , the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. The number of agents switching brokerages is ticking upward and markets are stabilizing across the country. If you want to learn how to recruit agents, now is the time.

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Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

JUNE 4, 2024

The nation’s eighth-largest brokerage today announced a merger between existing affiliate United Real Estate I DFW Properties and Fort Worth-based Stryve Realty. Stryve Realty founder and managing broker Shawn Buck, who leads about 60 agents, will join United as an associate broker and strategic growth partner.

Real Estate 448

Real Estate Realty Brokerage Training 448

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.

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Agents Brokerage Training Business 459

Housing Wire

MAY 22, 2024

Fast-growing firm The Real Brokerage is launching a luxury division , according to an announcement on Wednesday. Real Luxury , as the division will be known, will focus on helping luxury agents and teams, as well as their exclusive clients. He brought his Los Angeles-based luxury brokerage GLOBL RED Real Estate to Real in 2023.

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Clients Agents Real Estate Agent Real Estate 468

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.

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Brokerage Property Management Agents Real Estate 435

Housing Wire

AUGUST 1, 2024

have been busy training and preparing to be ready for Aug. Under the terms of the settlement, agents will no longer be allowed to share their seller’s offers of buyer broker compensation on an MLS. In only a matter of weeks, real estate professionals nationwide will find out whether their training has paid off.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Business 448

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 Real currently boasts more than 14,000 agents across all 50 states. 25 for sides and No.

Brokerage 432

Brokerage Real Estate Training Agents 432

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. We felt that our independence is what got us to where we are today and what will enable us to continue innovating on behalf of our agents.

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Brokerage Real Estate Agent Real Estate Agents 435

Housing Wire

NOVEMBER 29, 2023

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

Agents 468

Agents Brokerage Training Real Estate 468

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.

Brokerage 448

Brokerage Real Estate Realtors Real Estate Agent 448

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 445

Agents Brokerage Training Buyers 445

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. Instead of learning to code or wrestling with WordPress, you can get your website up and running in an afternoon. stars on every major review platform.

Real Estate Agent 448

Real Estate Agent Real Estate Brokerage Agents 448

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 418

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.

Brokerage 435

Brokerage Technology Agents Training 435

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 459

Agents Brokerage Training Real Estate 459

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 476

Brokerage Agents Real Estate Realtors 476

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 448

Agents Brokerage Real Estate Tools 448

Housing Wire

SEPTEMBER 22, 2023

Lamacchia Realty , a full-service real estate brokerage firm licensed in six states, acquired the Seekonk, Massachusetts-based brokerage, Keystone Property Group , the company announced on Monday. Meanwhile, Anthony Lamacchia, broker/owner of Lamacchia Realty also welcomed Hedrick and her agents to the brokerage. “I

Realty 435

Realty Brokerage Real Estate Agent Real Estate 435

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.

Brokerage 397

Brokerage Real Estate Agent Real Estate Clients 397

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.

Brokerage 370

Brokerage Real Estate Agents Training 370

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

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 397

Realty Agents Real Estate Brokerage 397

Housing Wire

JUNE 21, 2022

Capitalizing on these market factors, brokerage firms in the 2022 RealTrends 500 brokerage rankings broke records in market share, closed transaction sides (there must be inventory somewhere!) The top four — Realogy Brokerage Group (RBG), HomeServices of America , Compass and eXp Realty — now have 20% market share in the U.S.

Brokerage 417

Brokerage Real Estate Realty Agents 417

Housing Wire

DECEMBER 5, 2024

Editor in Chief Sarah Wheeler sat down with Divya Aathresh, founder and CEO of MaxHome.AI , to talk about the startup’s goals and how using artificial intelligence to solve real estate’s back-office problems will free up agents to do what they love best. I spent four years at Better and shadowed our own in-house agents.

Brokerage 370

Brokerage Training Real Estate Agents 370

Housing Wire

FEBRUARY 8, 2023

Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. That changes now,” Homelendia CEO Frank Chimento said in a press release.

Brokerage 370

Brokerage Mortgage Training Lending 370

Housing Wire

DECEMBER 4, 2024

Recruitment efforts have been a mainstay of The Real Brokerage ‘s growth efforts in 2024. And the digital brokerage platform continues to grow this week with another affiliation. Following this move, 150 agents are joining Real’s platform and strengthening its presence in ROVI’s areas.

Agents 397

Agents Brokerage Real Estate Technology 397

Housing Wire

SEPTEMBER 11, 2023

In today’s RealTrending Pritesh Damani , CTO for The Real Brokerage , shares how his team developed Leo, an AI assistant for teams and brokers. More than that, he discusses potential uses for brokerage leaders in streamlining business and recruiting. Here is a small preview of today’s interview with Pritesh.

Brokerage 418

Brokerage Real Estate Training Tools 418

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. RealTrends Brokerage Compensation Report. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. agents and 4.5

Real Estate 397

Real Estate Brokerage Agents Advertising 397

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

OCTOBER 8, 2024

But as many as 200 real estate agents , brokerage firms and landlords are alleged to have violated this law by discriminating against applicants with federally subsidized Section 8 Housing Choice Vouchers, according to an undercover investigation conducted by the Housing Rights Initiative (HRI). We are reviewing the claims.”

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Brokerage Landlords Law Realty 497

Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In We are a company of top agents.” annual increase in the number of transactions closed by Compass agents, which came in at 38,449 sides for a volume of $40.1 in 2003. “We

Agents 468

Agents Real Estate Brokerage Clients 468

Housing Wire

NOVEMBER 1, 2024

Michele Harrington: After entering real estate sales right out of the Marine Corps , I built my own brokerage. Sanchez: When you look at the industry, only 26% of leadership positions in real estate are held by women, even though over 60% of real estate agents are women. We’ve always been a new-agent company. Why is that?

Brokerage 395

Brokerage Real Estate Real Estate Agent Agents 395

Housing Wire

JULY 22, 2024

Watch any of the glamorous pseudo-reality real estate shows on TV, and you might be tempted to become a part-time real estate agent. Most of the agents you see on TV wearing $1500 outfits work 80+ hours per week. Most of the agents in my office worked equally long hours. Most of the agents in my office worked equally long hours.

Real Estate Agent 448

Real Estate Agent Real Estate Clients Agents 448

Housing Wire

AUGUST 19, 2024

But even though O’Koniewski and her agents have spent months preparing for these changes, she said the date did not come without a sense of trepidation. “I Not that individual agents might be struggling or running into things, but I haven’t seen or heard any horror stories or anything awful yet.” I know quite a few agents it hurt.

Agents 476

Agents Sellers Realty Buyers 476