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

Housing Wire

Worth Clark operates in 18 states and is ranked as the 39th-largest independent brokerage in the country. Nearly 70% of the agents that join our company are referred to us by our very own agents, and if we have a chance to speak with those agents, 80% of them are joining Worth Clark.”

Brokerage 405
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Real Estate Referral Fees: The Ultimate Guide for 2024

Housing Wire

Agent-to-agent referrals aren’t as commonly mentioned in most real estate lead generation training courses as cold calling or door knocking. The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes. It’s a win-win!

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Much like lawyers needing to take a separate bar exam in each state they wish to practice in, real estate agents’ training and licensing requirements vary by state. Referral agent: A referral agent is a real estate agent who refers clients to other agents in exchange for a referral fee. Now, it’s time to join a brokerage.

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Why Homie shows alternative models matter in real estate

Housing Wire

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.

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What’s old is new: A deep dive into the ‘teamerage’ revival

Housing Wire

Today, the Massachusetts-based Cobalt Group has its core team of agents who operate as a traditional real estate team, but it also has other independent agents who work under the group’s overall umbrella, a key characteristic of what many in the real estate industry are now referring to as “teamerages.” That depends on who you ask.

Brokerage 369
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Real estate license reciprocity and portability: A complete guide to where you can practice

Housing Wire

Real estate license reciprocity means an agent or broker’s ability to get licensed and operate or practice in a new state, whereas real estate license portability refers to an agent or broker’s ability to conduct a single transaction across state lines. No additional training or exams are required. Alaska Reciprocity: None.

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Judge denies HomeServices’ motion for ‘judgment as a matter of law’ in Sitzer suit

Housing Wire

She said that HomeServices does not meddle in operations, give advice, or advise on commissions or how the brokerage approaches Realtor association membership. Ketchmark asked Warner if those statistics suggest that agents are practicing the messages they are receiving in their training. They were a place to start.”

Law 392