Remove Brokerage Remove Property Management Remove Sellers
article thumbnail

Worth Clark’s Ryan Michaelis talks recruitment strategy and brokerage growth

Housing Wire

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.

Brokerage 435
article thumbnail

Opinion: Real estate brokers are still buying and selling firms

Housing Wire

Rather than a multi-year average of EBITDA or Gross Margin as the basis for the value of a brokerage firm (or their related counterparts in mortgage, title, escrow, and property management), valuations now are based Trailing Twelve Months (TTM or LTM) results.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Illinois homebuyer files commission lawsuit against @properties

Housing Wire

However, the suit is seeking both national and Illinois class action status for all persons who purchased a home listed on a NAR MLS with a buyer’s agent and or seller-agent employed or affiliated with @properties or any of its franchises, subsidiaries, or agencies between March 17, 2000, and the present.

article thumbnail

Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs. in California.

article thumbnail

Glenn Kelman, Redfin eye profitability in 2025

Housing Wire

Although some agents were unhappy with the changes to the Redfin Next model, Kelman said it has allowed the company to attract more experienced and higher-quality agents, giving the brokerage the ability to curate the agents it brings on. But he still does not believe that withholding listings is good for home buyers or sellers.

article thumbnail

Guide to Buying Apartment Buildings for Sale in Ohio

The Robert Weiler Company

But with ample planning and the right commercial broker and residential property manager by your side, investing in multifamily properties for sale can be a lucrative, enjoyable venture. The Need to Hire a Property Manager. Less Profitable if You Don’t Hire the Right Property Management Firm.

article thumbnail

7 best real estate schools in Illinois (IL) for 2024

Housing Wire

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts, title transfer & property management D2L 60-Hr Broker Online Package $385 Self-guided with online reading, videos & quizzes. Find a sponsoring brokerage. 15 of required 75 hrs.