Housing Wire

JULY 9, 2024

Fast-growing firm The Real Brokerage is celebrating its 10 th anniversary by announcing that it has surpassed 20,000 agents. In an announcement on Tuesday, the firm said it has added roughly 1,000 agents per month throughout the first half of 2024. “I Tafoya Real Estate , which is led by Scott Tafoya and is comprised of 40 agents.

Brokerage 443

Brokerage Agents Real Estate Realty 443

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. The study shows that there’s considerable homogeneity in the price outcomes of real estate agents.

Agents 473

Agents Real Estate Agent Real Estate Sellers 473

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

Appraisal Buzz

OCTOBER 29, 2024

In the competitive landscape of real estate, leveraging advanced tools and services can significantly impact an agent’s ability to maximize revenue opportunities for themselves and their clients. USRES’s end-to-end REO asset management services simplify these processes, reducing the administrative burden on agents.

Real Estate Agent 356

Real Estate Agent Real Estate Agents Valuation 356

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

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 353

Agents Marketing Luxury Properties Real Estate 353

Real Estate News

JANUARY 15, 2025

As the fires rage on, some agents are working on the front lines to help displaced residents facing big losses while navigating scarcity and price-gouging.

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Agents Clients 290

Housing Wire

AUGUST 7, 2024

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. The ballooning agent count pushed brokerage revenue to $340 million, an 84% year-over-year improvement. Gross profit came in at $31.9

Brokerage 467

Brokerage Agents Technology Housing Market 467

Housing Wire

JUNE 11, 2024

According to a survey published by Clever Real Estate , 67% of the general public supports the changes, while 70% of real estate agents oppose them. But 70% of agents have reportedly fielded questions from current clients about the NAR settlement and its impact on commissions.

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Real Estate Agents Sellers Real Estate Agent 437

Housing Wire

SEPTEMBER 23, 2024

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. Real has been on a tear lately in adding agents. Today, Real has more than 16,000 agents.

Brokerage 447

Brokerage Agents Real Estate Finance 447

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.”

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Agents Real Estate Agent Brokerage Real Estate 426

Housing Wire

AUGUST 28, 2024

But there was no anxiety inside the Kay Bailey Hutchison Convention Center, the cavernous venue hosting the summit that feels almost cramped due to the hundreds of real estate agents at the event. Instead, agents view the rule changes as an opportunity to better serve their buyers and sellers. So I love that.”

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Agents Real Estate Realty Real Estate Agent 449

Housing Wire

JULY 24, 2024

We will be able to continue to serve our clients the same way we have for over two decades, while giving our agents access to cutting-edge technology, world-class training and the financial upside that comes with access to health benefits resources and ownership in a fast-growing company,” Michael Kaim said in a statement.

Agents 432

Agents Brokerage Training Real Estate 432

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.

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Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

AUGUST 2, 2024

home seller pays a 2.55% commission to the real estate agent hired by their buyer, down from an average of 2.62% in January, according to a Redfin analysis of MLS data. 28 and July 14 of this year to compare average commission rates paid to a buyer’s agent. The typical U.S.

Agents 439

Agents Buyers Real Estate Agent Sellers 439

Housing Wire

AUGUST 22, 2024

“Now we can be motivated by one another and chase a massive goal that is bigger than any of us could accomplish alone while catering to the unique needs of the clients we serve.” The team said it will focus on its pillars of “Build, Develop, Guide,” as it works grow client success and satisfaction.

Agents 445

Agents Real Estate Brokerage Clients 445

Housing Wire

AUGUST 21, 2024

For Linda O’Koniewski , the broker-owner of Leading Edge Real Estate , one of the largest hiccups so far was when one of her agents brought a buyer offer that included concessions to a seller. So, I think a lot of losing agents aren’t preparing their sellers for the new reality. This allows them to keep their net but lower the price.

Sellers 419

Sellers Agents Real Estate Buyers 419

Housing Wire

AUGUST 12, 2024

Despite the firm’s name Voss says the brokerage works with both buyers and sellers, but on the sell-side he and his agents only charge clients for their services. “We refuses to work with buy-side agents. ’ But the days of agents saying there is no cost to work with a buyer’s agent are long gone.”

Brokerage 432

Brokerage Agents Sellers Buyers 432

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.

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Sellers Agents Training Clients 370

Housing Wire

OCTOBER 9, 2024

A pair of top-producing agents are returning to Coldwell Banker Realty. She is a true professional who inspires her co-workers and prides herself on providing exceptional service to her clients. Walsh departed Coldwell Banker Realty in April 2024 to join Lamacchia Realty , but she recently made the decision to return.

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Realty Agents Real Estate Clients 407

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.

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Realty Agents Brokerage Tools 381

Housing Wire

SEPTEMBER 12, 2024

In fact, Charlotte’s continued growth and relatively limited inventory have intensified the race to secure listings and represent buyers, putting a spotlight on top-performing agents with the ability to deliver results to buyers and sellers alike. In this type of environment, the cream rises to the top. million in annual sales.

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Real Estate Agents Real Estate Agent Sellers 409

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 456

Agents Brokerage Training Business 456

Housing Wire

SEPTEMBER 6, 2024

Real estate agents largely felt prepared to tackle the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement , according to the recently published Stephens Summer 2024 Real Estate Agent Survey.

Agents 373

Agents Real Estate Agent Brokerage Realty 373

Housing Wire

SEPTEMBER 9, 2024

Roughly a year after launching its new agent payment plan, Redfin has announced that it is expanding Redfin Next to agents nationwide, according to an announcement on Monday. 27, all Redfin agents who enroll in the plan will earn commission splits of up to 75%. Beginning Oct. Louis; and Virginia.

Agents 395

Agents Real Estate Brokerage Technology 395

Housing Wire

SEPTEMBER 20, 2024

In a new episode of the HousingWire Daily podcast , Editor in Chief and host Sarah Wheeler sits down with eXp Realty CEO Leo Pareja to discuss the National Association of Realtors ‘ (NAR) commission lawsuit, the new rules that agents are facing, and how eXp is helping agents navigate these challenges to thrive in the marketplace.

Agents 392

Agents Brokerage Real Estate Tenants 392

Housing Wire

JULY 26, 2024

Not only does Realtor.com’s initiative highlight the indispensable role of buyer agent representation, it also offers ways for you to get involved in the movement. The catalyst for change The value of buyers’ agents is being questioned, even by some industry insiders who should know better. But their work didn’t stop there.

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Buyers Agents Real Estate Design 435

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. A native of Cincinnati, Michalek moved to Dallas, where she high school and college. She comes from a family with a real estate development background.

Agents 369

Agents Real Estate Real Estate Agent Tools 369

Housing Wire

SEPTEMBER 30, 2024

Adrian Jacobs, a luxury agent who has sold more than $29 million in volume over the past year, has rejoined Compass’s Dallas office from Douglas Elliman. Compass is on a tear in adding teams and agents to its roster in Dallas. Compass has announced yet another addition to its team in Texas.

Agents 372

Agents Real Estate Brokerage Clients 372

Housing Wire

AUGUST 5, 2024

While brokers across the country agree that they and their agents will no longer be advertising an offer of buyer broker compensation for any listing on the MLS, that is where the similarities end, as it seems each broker is taking a slightly different tact.

Sellers 448

Sellers Buyers Agents Advertising 448

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 372

Agents Brokerage Real Estate Technology 372

Housing Wire

SEPTEMBER 2, 2024

As these shifts unfold, real estate agents face both challenges and opportunities. Clearly communicate your value to clients and demonstrate how your pricing reflects the expertise you bring. Amplify buyer representation Buyer agents will be among the first to feel the impact of these changes. Transparency is key.

Real Estate 436

Real Estate Agents Marketing Real Estate Agent 436

Housing Wire

OCTOBER 1, 2024

g)(1)(v) exemptions allow payments pursuant to cooperative brokerage and referral arrangements between real estate agents and real estate brokers. A bona fide brokerage sometimes needs to refer a customer to a competitor, just as a mechanic may refer a customer to another mechanic or an attorney may refer a client to another attorney.

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Agents Real Estate Real Estate Agent Brokerage 401

Housing Wire

SEPTEMBER 13, 2024

At the recent Keller Williams Mega Agent Camp , the shaky economy was a common topic of conversation. Whether you believe these predictions or not, agents need to start preparing — yesterday — to avoid washing out the next time a recession hits. As a top-producing agent during the 2008 recession, I was unprepared.

Agents 445

Agents Real Estate Real Estate Agent Sellers 445

Housing Wire

AUGUST 1, 2024

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. For Lamacchia, it is essential that his agents and brokers are able to clearly explain and communicate about the forms they are asking clients to sign. I feel really well supported.”

Real Estate Agent 405

Real Estate Agent Real Estate Agents Business 405

Housing Wire

MARCH 13, 2024

In a world enamored with all things digital and AI , one would think that real estate agents don’t serve any purpose, but it’s totally untrue. What would the real estate world look like without the agent and the MLS? Despite the claims, a critically important truth is missing. Let’s take the soundbites out of it.

Real Estate Agent 466

Real Estate Agent Real Estate Agents Sellers 466

Housing Wire

SEPTEMBER 25, 2024

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. RealD2D is led by agent and coach Duane Richins, who brought a unique background to his real estate career that began in 2016.

Brokerage 397

Brokerage Agents Client Relationships Real Estate 397