Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

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.

Real Estate Agent 450

Real Estate Agent Real Estate Agents Brokerage 450

Housing Wire

DECEMBER 2, 2024

Agents are also going to find it more difficult to manage their duties to their clients in terms of gaining commissions. Robinson: How do we get the leadership on the same page with agents in terms of answering key client servicing questions? Cofano: Most real estate agents are great salespeople, not great marketers.

Real Estate 263

Real Estate Brokerage Advertising Agents 263

Housing Wire

MARCH 27, 2024

These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too. Next, the discussion of real estate agent commissions has been longstanding.

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Real Estate Agent Real Estate Agents Sellers 354

Housing Wire

AUGUST 9, 2023

This piece will explore some of the key domains where AI is having the greatest impact for real estate agents, brokers and the innovative companies leading the charge. Automating client engagement Lead engagement is another crucial element of any real estate business.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

NOVEMBER 1, 2024

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? Let’s dive in!

Real Estate 450

Real Estate Real Estate Agent Agents Brokerage 450

Housing Wire

JANUARY 19, 2021

I saw a social media post recently by our local ‘mega-agent’ entitled: “Breaking News: Individual Real Estate agents added to Endangered Professions List!”. This post compares the individual real estate agent to “a tennis player using a wooden racket” or “a football player with a leather helmet.”

Real Estate Agent 477

Real Estate Agent Real Estate Agents Clients 477

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 450

Real Estate Agent Real Estate Agents Business 450

Housing Wire

AUGUST 28, 2024

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI real estate agent.

Real Estate Agent 469

Real Estate Agent Real Estate Agents Modernization 469

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. Nartey also serves as Real’s national growth leader.

Clients 469

Clients Agents Real Estate Agent Real Estate 469

Housing Wire

JULY 28, 2023

Real estate agents and business leaders play a pivotal role in improving the cities in which they operate, making community service an essential value to their professions. Participating in community service events can allow agents to showcase their commitments. Host a client volunteer day and provide lunch.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Inman

SEPTEMBER 2, 2024

It has agents about as down on their business prospects as they've been all year heading into the NAR settlement era, according to Intel's Client Pipeline Tracker. Buyers failed to bite this summer despite falling mortgage rates.

Real Estate Agent 201

Real Estate Agent Clients Agents Real Estate 201

Housing Wire

JULY 24, 2024

Alisande Heriyanto , vice president of product and tech support at The Corcoran Group , which focuses on the luxury home market, said on stage during HousingWire ‘s AI Summit in Dallas on Tuesday that the company is adopting AI in its product ecosystem to bring more efficiency to real estate agents.

Agents 469

Agents Brokerage Real Estate Agent Real Estate 469

Housing Wire

SEPTEMBER 6, 2023

California-based RE/MAX Proper has acquired All Nations Realty and Investments , an independent brokerage in Rancho Cucamonga. In total, 126 agents and staff members at All Nations have joined RE/Max Proper, increasing the total agent count to 203, up from 70 when the former indie brokerage affiliated with the RE/MAX brand in May.

Brokerage 436

Brokerage Real Estate Agent Realty Agents 436

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 Umpa suit is the only commission lawsuit in which Real has been named as a defendant. The brokerage will pay $9.25 The Real Brokerage closed $14.4

Brokerage 398

Brokerage Real Estate Agent Real Estate Clients 398

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

Real Estate Agent 450

Real Estate Agent Real Estate Agents Brokerage 450

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 450

Real Estate Agent Real Estate Agents Brokerage 450

Housing Wire

SEPTEMBER 23, 2024

The Real Brokerage has expanded its footprint into the Richmond, Virginia , area. 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.

Brokerage 450

Brokerage Agents Real Estate Finance 450

Appraisal Buzz

JUNE 28, 2024

But a new study recently released by AccountTECH, an accounting software provider for the real estate industry, shows that virtually all brokerages across the U.S. If that number rises to 2.5%, 60% of brokerages become unprofitable. will become unprofitable once the market changes from the NAR settlement go into effect.

Brokerage 354

Brokerage Real Estate Agents Real Estate Agent 354

Housing Wire

APRIL 1, 2021

Sudi Hernandez of Cloud 9 Real Estate Group loses leads when a client hears her Cuban accent. James Dunn of eXp Realty surprised a client with his answer to their question, “You’re white, right?”. Amy Kong of Trust Real Estate hosts open houses where people ask, “Where is the agent?”.

Real Estate Agent 420

Real Estate Agent Real Estate Agents Open Houses 420

Housing Wire

SEPTEMBER 18, 2024

How much are real estate referral fees? Who pays the real estate referral fees and how are they paid? Drafting a referral agreement that works for all parties How to find a great real estate agent in another area When to accept a referral (and when not to)? What is a real estate referral fee?

Real Estate 469

Real Estate Real Estate Agent Agents Brokerage 469

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. Real is continuing to host live events.

Brokerage 450

Brokerage Training Agents Clients 450

Housing Wire

AUGUST 7, 2024

The Real Brokerage isn’t tapping the brakes on its rapid expansion. 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. Its title revenue more than doubled year over year to $1.3

Brokerage 469

Brokerage Agents Technology Clients 469

Housing Wire

AUGUST 14, 2023

Santa Rosa-based Bay Area Real Estate Information Service (BAREIS) and other MLSes, who are clients of Rapattoni, fell victim of the cyberattack. Several days without MLS access can add up for a brokerage, Gerrett Snedaker, broker at Better Homes and Gardens Real Estate|Wine Country Group, told North Bay Business Journal.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Brokerage 370

Housing Wire

NOVEMBER 9, 2020

million agents that are licensed and members of the national association, and only about 6% are full-time, experienced high-volume – facilitating at least one transaction a month – professionals. When we looked at the industry, every brokerage that existed served the 1.3 “Across the country today, there are roughly 1.4

Real Estate Agent 420

Real Estate Agent Real Estate Agents Brokerage 420

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. Through this collaboration, all Keyes agents will benefit from RealReports, BHR’s flagship product. The product can be used as a tool to generate client leads.

Brokerage 434

Brokerage Real Estate Agent Real Estate Tools 434

Housing Wire

JANUARY 29, 2024

Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. That’s where real estate testimonials come into play. If you find success through Zillow, then that should be your primary focus.

Real Estate 436

Real Estate Clients Real Estate Agent Agents 436

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. Anthony Djon, CEO of Anthony Djon Luxury Real Estate , said his company gets 90% of its leads from listing portals Zillow and Realtor.com.

Brokerage 448

Brokerage Real Estate Realtors Real Estate Agent 448

Housing Wire

SEPTEMBER 28, 2020

based brokerage, announced last week the launch of its custom real estate listing system, PROJETO. This system uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet. Urban District Realty , a Washington, D.C.-based

Brokerage 544

Brokerage Real Estate Agent Realty Real Estate 544

Housing Wire

AUGUST 28, 2020

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. billion in VC funding, is looking to bring aboard real estate agents in Phoenix, Arizona, to support its “Home Reserve” iBuying platform, according to Inman , which spotted a jobs posting Friday morning.

Brokerage 538

Brokerage Real Estate Agent Agents Real Estate 538

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.

Brokerage 398

Brokerage Agents Client Relationships Real Estate 398

Housing Wire

OCTOBER 25, 2021

The excited and at times nervous first-time homebuyers that James Dunn often represents ask him how that whole process of taking out a mortgage works, and Dunn, a Los Angeles-based real estate agent with eXp , replies with a few trusted names. There are probably three or four people that I work with,” Dunn said.

Brokerage 518

Brokerage Mortgage Lending Real Estate Agent 518

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 “referral platform” may, of course, easily sell customer leads to real estate brokers. Unambiguously, 12 U.S.C.

Agents 436

Agents Real Estate Real Estate Agent Brokerage 436

Housing Wire

JANUARY 8, 2024

Boutique luxury brokerage Tate Property Group has joined Coldwell Banker , the company announced last week. The Austin , Texas-based brokerage was founded in 2008 by Pat Tate, who will be jumping to Coldwell Banker with her son, Drew Tate, and three other agents. The group will relocate to the Coldwell Banker’s Westlake office.

Brokerage 459

Brokerage Luxury Properties Technology Tools 459

Housing Wire

NOVEMBER 20, 2024

White-label brokerage Side is seeking more than $4 million from the Alexander brothers and the brokerage Official Partners. Tal and Oren Alexander were superstars among real estate agents in New York City and Miami, having represented ultra wealthy clients at Douglas Eliman before leaving to found Official in 2022.

Legal Fees 419

Legal Fees Real Estate Agent Brokerage Legal 419

Housing Wire

AUGUST 23, 2024

Michaelis describes Worth Clark as a virtual platform that allows agents to truly tap into the support they need to succeed. Worth Clark operates in 18 states and is ranked as the 39th-largest independent brokerage in the country. A lot of it has to do with our referrals from our own agents,“ he said.

Brokerage 436

Brokerage Property Management Agents Real Estate 436

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%. One of the researchers, Will Fried, had a hunch.

Clients 461

Clients Agents Buyers Sellers 461