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Real Brokerage expands in 13 states with addition of 40-agent team

Housing Wire

The Real Brokerage has scored a 13-for-1 deal. Having knocked on over 100,000 doors and trained numerous rookies of the year, Duane is unmatched in building client relationships through direct engagement,” Real President Sharran Srivatsaa said in a statement.

Brokerage 397
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Compass adds high-performing teams in Austin, St. Louis

Housing Wire

We are excited to return to Compass, a brokerage that aligns perfectly with our values and commitment to providing exceptional service to our clients,” said Dustin Weiss, team lead for the Weiss Group. Louis, the 10-agent Monschein Team is leaving Berkshire Hathaway HomeServices.

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Jared Schwadron leaves Official Partners for Compass

Housing Wire

Compass announced the hiring of Jared Schwadron this week, poaching him from the troubled brokerage founded by Tal and Oren Alexander. “His deep industry and market knowledge and ability to build lasting client relationships will thrive in our collaborative environment.”

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Why regular check-ins are the unsung heroes of agent retention

Housing Wire

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
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Compass records $100M net loss in Q3

Housing Wire

Despite a net loss of $100 million in the third quarter of 2021, Compass CEO Robert Reffkin said he was thrilled with how the brokerage had performed. “I Also trending down from the second quarter is the brokerage’s market share which fell to 5.4% in Q3 from 6.2%

Brokerage 418
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Real estate technology adoption in a post-pandemic world

Housing Wire

Agents, teams and brokerages are now seriously reconsidering the technology platform, tools and services needed to effectively do business today. As the market gets more competitive, focusing on what Realtors do best – manage client relationships – will be critical to keeping afloat during turbulent times.

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The evolution of the more productive real estate agent 

Housing Wire

million – brokerages have become less focused on attracting new agents into the industry and instead more focused on increasing the productivity of the agents they have. For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity. Brokerages Invest in Tech.