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.

Clients 439

Clients Agents Real Estate Agent Real Estate 439

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.

Brokerage 386

Brokerage Agents Technology Clients 386

Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. You work hard to serve clients and grow your business. We believe in a content and community flywheel.

Brokerage 420

Brokerage Real Estate Agents Sellers 420

Housing Wire

JULY 22, 2024

I also include tips and tricks to help you find your first clients faster than most new agents. Since most brokerages will hire you as an independent contractor instead of an employee, the risk they’re taking is minimal. What do you think about X brokerage? Let’s dive in! What are the fees and commission split structure?

Real Estate Agent 382

Real Estate Agent Real Estate Clients Agents 382

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. Now you have to do some tedious stuff.

Real Estate 291

Real Estate Brokerage Agents Real Estate Agent 291

Housing Wire

SEPTEMBER 20, 2024

The nation’s largest brokerage by transaction sides is increasing its footprint. On Thursday, eXp Realty announced the affiliation of independent brokerage Grand Lux Realty. The firm serves clients in Westchester County, as well as Fairfield County, Connecticut, and the rest of the lower Hudson Valley.

Realty 333

Realty Brokerage Clients Agents 333

Housing Wire

AUGUST 13, 2024

As more brokerages and agents contemplate moving away from a cooperative compensation model , many are grappling with some tough questions, the most vexing probably being: What do I do if a seller is only willing to contribute part of the buyer broker’s fees, or none at all? You have to make sure you are on the same page.” Hahn wrote.

Clients 449

Clients Agents Buyers Sellers 449

Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. We both shared a passion for our families, our clients, being involved in our communities, understanding the importance of having a solid business plan and advocating for both our industry and the clients we serve.

Realty 447

Realty Brokerage Real Estate Realtors 447

Housing Wire

SEPTEMBER 18, 2024

Fathom Holdings , the parent company of Fathom Realty , has joined the list of corporate brokerages to settle the commission lawsuits. Our unwavering commitment to providing excellent service to our agents, clients, and customers remains steadfast,” Marco Fregenal , the CEO of Fathom Holdings, said in a statement. “We

Brokerage 363

Brokerage Legal Fees Realty Legal 363

Housing Wire

SEPTEMBER 25, 2024

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

Brokerage Agents Client Relationships Real Estate 397

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. Peter Voss at 3% Listing Co. is wondering what took them all so long to make the switch.

Brokerage 432

Brokerage Agents Sellers Buyers 432

Housing Wire

AUGUST 23, 2024

Worth Clark operates in 18 states and is ranked as the 39th-largest independent brokerage in the country. The company holds regular training sessions to prepare agents for clients who aren’t up to speed on the industry changes. A lot of it has to do with our referrals from our own agents,“ he said.

Brokerage 382

Brokerage Property Management Agents Real Estate 382

Housing Wire

AUGUST 6, 2024

17 implementation deadline for these changes, brokerages like eXp are finding themselves sorting out their forms. As the largest brokerage in the country by transaction sides in 2023, Pareja said it made sense for eXp to create its own forms. “We And as the clock continues to count down to the Aug.

Brokerage 448

Brokerage Realtors Agents Real Estate 448

Housing Wire

OCTOBER 31, 2024

Much to the relief of some of the nation’s largest brokerage firms, Judge Stephen R. The ruling also comes a year after the Gibson suit was filed by plaintiffs’ attorney Michael Ketchmark on the heels of his clients’ victory in the Sitzer/Burnett suit. million) , The Real Brokerage ($9.25 million ), At World Properties ($6.5

Brokerage 367

Brokerage Real Estate Realtors Realty 367

Housing Wire

MAY 9, 2024

In addition to RE/MAX, Anywhere and Keller Williams, NAR, Douglas Elliman , Realty One Group , At World Properties, Compass , HomeServices of America and The Real Brokerage, have also reached settlement agreements. Such extraordinary action would be inappropriate.” Its final approval hearing is slated for Nov. 26, 2024. “We

Brokerage 393

Brokerage Realty Sellers Real Estate 393

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. Many limited service brokerages have faced similar hurdles in their quest to disrupt the status quo.

Real Estate 451

Real Estate Brokerage Clients Realtors 451

Housing Wire

JULY 24, 2024

” Chris Cox , chief technology and digital officer at Keller Williams , said the brokerage’s mantra is to put “data that we have to work to make our agents more successful.” Cox agreed, saying that AI and data will allow real estate agents to better comply with their fiduciary duties to clients.

Agents 401

Agents Brokerage Real Estate Agent Real Estate 401

Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. reAlpha provides a commission-free homebuying experience through an artificial intelligence-powered chatbot for its clients while also offering support from its in-house licensed agents. This consists of $1.5 This consists of $1.5

Brokerage 362

Brokerage Mortgage Real Estate Renovations 362

Housing Wire

DECEMBER 23, 2024

The Jason Mitchell Group and its founder, Jason Mitchell, allegedly participated by referring thousands of clients to Rocket’s companies. At The Jason Mitchell Group, agents were supposedly trained to suggest transactions could fail if clients shopped around for other mortgage options.

Real Estate 414

Real Estate Brokerage Clients Agents 414

Housing Wire

MARCH 18, 2024

He didn’t want himself and his agents in a place where the day came, and they didn’t know how to prove their value proposition or negotiate their worth with a client. O’Neill believes that agents will have to be prepared for more discussions about commissions not only with clients but when negotiating offers on a property. “It

Brokerage 422

Brokerage Real Estate Agents Sellers 422

Housing Wire

APRIL 19, 2024

The recent commission lawsuits have had a profound impact on real estate agents and brokerages as they face increased scrutiny and pressure to provide more transparency in their commission structures and potential conflicts of interest. HousingWire: What was the catalyst for starting Icenhower Coaching and Consulting?

Training 448

Training Real Estate Agent Real Estate Agents 448

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. At the RISE conference on Oct.

Realty 381

Realty Agents Brokerage Tools 381

Housing Wire

AUGUST 26, 2024

“Broker margins are already so thin and those agents who aren’t strong and are getting caught up in trying to explain what they do and justifying their costs, will fall behind the agents who show clients their value so the client feels like they are getting the service that they paid for.”

Brokerage 499

Brokerage Agents Real Estate Business 499

Housing Wire

NOVEMBER 1, 2024

Arguably, one of the most important functions of a real estate agent is to guide and be a subject matter expert to clients through the buying and selling processes. Put simply, a good agent is a sherpa who knows every step of the journey and expertly leads their client up the path. Now, it’s time to join a brokerage.

Real Estate 445

Real Estate Real Estate Agent Agents Brokerage 445

Housing Wire

MARCH 13, 2024

The product will be available across its brokerage operations in Las Vegas. Luxury Realty Group’s clients will be able to interact orally with an avatar, listing the criteria of their home of choice, with the platform subsequently generating tailored listings to match these preferences.

Realty 428

Realty Brokerage Real Estate Clients 428

Housing Wire

DECEMBER 27, 2024

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. From managing compliance to automating commission disbursements, its built to grow with your brokerage.

Real Estate 317

Real Estate Brokerage Contracts Tools 317

Housing Wire

SEPTEMBER 10, 2024

With competition for online leads heating up, we think AgentFire’s brand-first approach can be a game changer for brand-conscious agents, teams and even boutique brokerages. Their most customized, fully supported options are expensive, but they are perfect for teams and brokerages with established brands and lead nurturing systems in place.

Real Estate Agent 368

Real Estate Agent Real Estate Brokerage Agents 368

Housing Wire

MARCH 12, 2024

PureWest Christie’s International Real Estate , a Montana -based real estate brokerage, is expanding into northern Idaho , the firm announced on Tuesday. The brokerage , which is a longtime affiliate of Christie’s International Real Estate, is the largest independently owned brokerage in Montana.

Real Estate 440

Real Estate Brokerage Agents Technology 440

Housing Wire

MAY 30, 2024

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. Moving our entire team over to Coldwell Banker Realty was the best decision for our clients. Led by Mike DelRose Sr., Mike DelRose Jr. said in a statement.

Realty 419

Realty Brokerage Real Estate Clients 419

Housing Wire

AUGUST 22, 2024

.” The company noted that if it had “been allowed to compete with Defendants and their co-conspirators, it would have gained market share at Defendants’ expense while posing a competitive check on Defendants’ ability to charge exorbitant prices for brokerage services to consumers.

Realtors 482

Realtors Buyers Brokerage Real Estate 482

Housing Wire

SEPTEMBER 26, 2024

Luxury agent Mike Mogavero is returning to the brokerage after a stint with The Agency. The collaborative culture, expansive referral network, and unrivaled luxury support are proven to benefit our client experience. In August, the eight-agent brokerage Prospect Real Estate Team moved to Compass. The pair topped $38.8

Brokerage 352

Brokerage Agents Real Estate Clients 352

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. This limited exemption on kickbacks only applies to fee divisions within real estate brokerage arrangements when all parties act in a real estate brokerage capacity.

Agents 401

Agents Real Estate Real Estate Agent Brokerage 401

Housing Wire

JULY 24, 2024

The brokerage was founded in 2004 by broker-owner Herman Herrera, a retired U.S. The firm serves clients in Brooklyn and Staten Island, as well as in Middlesex, Monmouth and Ocean Counties in New Jersey. In the two decades since its founding, the brokerage has closed over $1 billion in sales volume. “I

Brokerage 358

Brokerage Real Estate Realty Clients 358

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. With Pro Teams, a team or brokerage firm is able to maintain its own internal economics and commission models.

Agents 456

Agents Brokerage Training Business 456

Housing Wire

OCTOBER 1, 2024

Rayse believes that its platform injects much-needed transparency between buyers and their agents so that agents can better convey the specific tasks they’re working on and what their value is to the client. The product offers white-label branding that allows buyer agents and brokerages to customize the interface for their clients.

Agents 426

Agents Real Estate Agent Brokerage Real Estate 426

Housing Wire

SEPTEMBER 18, 2024

Perhaps the client wishes to make a purchase that isn’t in the agent’s geographical area or their wheelhouse of expertise. Instead of giving up the business, the referring agent introduces the potential client to another real estate agent who is better positioned to help them. What are the benefits of referrals? It’s a win-win!

Real Estate 419

Real Estate Real Estate Agent Agents Brokerage 419

Housing Wire

AUGUST 1, 2024

They also brought in a forms specialist, who really dug into the new forms to really explain them to us, so we know when and how to use each one and so we can explain the contracts to our clients in plain English.” Training on forms has been a central focus of brokerages across the country. And the agents are scared,” Lamacchia said.

Real Estate Agent 405

Real Estate Agent Real Estate Agents Business 405