This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
Processing is a big piece of what brokerages care about, so we have a copilot that we’re getting feedback on and plan to have six or seven copilots that will launch next year. There’s a lot AI can do here to reduce complexity, because it can understand language and we can train the model in a very real estate-specific way.
Michele Harrington: After entering real estate sales right out of the Marine Corps , I built my own brokerage. Our licensing school brings in brand-new agents, whom we train and develop to help them become superstars. The duo start the conversation by exploring Harrington’s path into the CEO’s role at FirstTeam.
By contrast, legacy brokerages did not perform nearly as well. And among privately held brokerages, the one executing most effectively on what Compass is proving in the public markets is SERHANT. agents; SellIt.com, a sales training subscription program; and S.MPLE, a proprietary AI workflow automation platform.SERHANT.
The Housing Rights Initiative (HRI) is taking aim at 165 real estate agents, brokerage firms and landlords in its latest series of lawsuits filed in Chicago. Defendants in the suit include major brokerage companies such as Coldwell Banker , Christies International Real Estate , Keller Williams and Berkshire Hathaway Home Services Chicago.
What has changed for real estate brokerages since then? 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. “I’m We’ve always married very strong national training with equally strong regional training,“ Smith said.
Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE). Co-owners Gloria Grimshaw and David Callahan acquired the brokerage from founder Lucille Jordan in 2007.
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. With training courses for all 50 states and easily accessible online courses, The CE Shop is a value-packed resource for agents nationwide. We highly recommend The CE Shop.
The Real Brokerage is keeping attendees of RISE, its third annual agent conference, on their toes. It can also explain an agent’s payout on any transaction and is integrated with Real Academy, which will give agents access to the brokerage’s entire catalog of training sessions and workshops.
In the role, Steere will be charged with “reimagining core market center leadership training,” with the hope of recruiting future leaders to the company. “As An exceptional talent and an amazing contributor, Shanan will ensure our core brokerage leaders remain equipped to fuel further expansion and build on our already strong culture.”
They discuss the utility of artificial intelligence (AI) for the real estate industry, as well as JPARs solutions designed to enhance agent and brokerage performance. Matched with our internal technology, resources and training, it tells agents which training route they should take based on their personality type.
The Real Brokerage welcomes Texas -based independent brokerage The Property Shop , led by Season Ware, the company announced on Friday. The Property Shop joined Real under its Private Label program, which allows independent brokerages to maintain their own brand while reaping the benefits associated with being a part of Real.
Things just keep getting better, according to real estate brokers surveyed for the Q2 2024 HousingWire BrokerPulse survey , with 54% who are “optimistic” about the next three months in residential brokerage, compared to some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey who felt the same.
With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job. Here’s why: Good software might help your brokerage stay afloat in a post-lawsuit market. The looming chaos from the commission lawsuits sure isn’t helping.
Brokerage giant eXp Realty is adding a superstar agent to its ranks. According to the brokerage, Smith has been a standout in the real estate business for 20 years. eXp isnt just a brokerage its a movement for growth, innovation, and shared success. According to eXp, Smith’s expertise goes beyond residential real estate.
They also explore the National Association of Realtors ‘ (NAR) commission lawsuit settlement , agent training deficiencies and more. The lack of training and guidance by brokerages is horrible. This interview has been edited for length and clarity. They’re not teaching their people what the process is.
Recruitment efforts have been a mainstay of The Real Brokerage ‘s growth efforts in 2024. And the digital brokerage platform continues to grow this week with another affiliation. Rovithis complimented Real for its focus on technology and education.
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. Next week, the brokerage will offer daily interactive training and role-play sessions.
A high-performing Colorado real estate team has joined one of Denver s largest brokerages. We now have an entire team to support us with managing broker support, daily training and in-house professional printing. Since then, the team has doubled in size, according to Hanson. In 2024, RealTrends listed Mile High Lifestyles as the No.
The nation’s eighth-largest brokerage today announced a merger between existing affiliate United Real Estate I DFW Properties and Fort Worth-based Stryve Realty. My agents will benefit from United’s level of brand recognition, top-notch technology, training, referral network, healthcare plans and retirement, to name a few.”
Real estate agents appear to be more open to changing brokerages in 2024 compared to last year, according to a recent Coldwell Banker survey. Agents cited several reasons that could compel them to switch brokerages. The survey also examined agents’ priorities when choosing a brokerage to affiliate with.
Agents and brokerages who do not comply with the new rule are opening themselves up to liability and potential lawsuits. The company said it is also including TCPA warnings on training materials, and it periodically distributes TCPA reminders to all Anywhere-affiliated independent agents and franchisees.
For the study, Redfin-commissioned Ipsos to survey 500 agents from various brokerages, conducted between December 2024 and January 2025, identifying several key themes currently shaping the industry: Declining agent satisfaction: Fewer agents recommend real estate as a career. who think they will increase.
First Team Real Estate , the largest independent brokerage in California , left Christie’s International Real Estate , the company first told Inman on Wednesday. Additionally, the independent brokerage is enabling its agents to market luxury listings on Luxury Portfolio International , a company First Team helped create.
In fact, a 2025 survey of 100+ real estate brokerages revealed that almost nine out of ten (87%) broker agents are reportedly actively using AI in their workflow. And it has already shown its chops: having provided enough quality leads to generate $100M in sales for a real estate brokerage firm in Portugal.
Worth Clark operates in 18 states and is ranked as the 39th-largest independent brokerage in the country. Michaelis also mentions that the company invites broker-owners to bring their agents to Worth Clark for team training and other exercises that promote synergy. A lot of it has to do with our referrals from our own agents,“ he said.
The third day of the highly consequential Sitzer/Burnett class action buyer broker commission lawsuit included a deep dive into the training materials used by various brokerages and the testimony of three of the named plaintiffs. Gorman was also questioned about the training materials used at Anywhere Brands.
The survey was conducted by Ipsos between December 2024 and January 2025, polling 500 agents from various brokerage s across the country. However, fewer than 10% of agents said they had received training on discussing climate risks with clients. Reports of discrimination increased in 2024.
The top-producing Suarez Team is joining real estate firm The Real Brokerage , according to a company announcement on Wednesday. Real president Sharran Srivatsaa expressed his enthusiasm in welcoming the Suarez Team to his brokerage. “I Before joining Real, the team was affiliated with Keller Williams Beverly Hills. 14 for volume.
James Dwiggins: How are you adjusting some of the training and education based upon some of these changes? If you want to have successful brokerages, you need to have successful agents. That gives them the specialized training to how they service the seller in a transaction. NAR has the L.E.A.D Vision Course.
Delta Media Group , a technology provider for real estate brokerages , launched a new CRM-based, all-in-one digital marketing platform called DeltaNET 7, the company announced on Tuesday. It has already begun rolling it out to brokerages. Delta Pitch also creates a new lead generation opportunity for brokerages.
The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. The brokerage, which was founded in 1976 by Gene Boone, will now be known as RE/MAX Foxfire. “We
With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger.
With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.
Glover U Inner Circle Run by top agent and national coach Jeff Glover, this Facebook group is a great way to get a taste of the training GloverU offers for free. Brokerage-specific FB groups If you’re with a large, national brand, seek out Facebook groups within your company. Join Real Estate Mastermind 5.
Lamacchia Realty , a full-service real estate brokerage firm licensed in six states, acquired the Seekonk, Massachusetts-based brokerage, Keystone Property Group , the company announced on Monday. Meanwhile, Anthony Lamacchia, broker/owner of Lamacchia Realty also welcomed Hedrick and her agents to the brokerage. “I
As it became clear that many real estate professionals are in need of guidance, brokerages and industry leaders have launched a variety of educational resources and training courses for agents and brokers. The webpage is open to agents across the industry regardless of their brokerage affiliation.
In today’s RealTrending Pritesh Damani , CTO for The Real Brokerage , shares how his team developed Leo, an AI assistant for teams and brokers. More than that, he discusses potential uses for brokerage leaders in streamlining business and recruiting. Here is a small preview of today’s interview with Pritesh.
Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. That changes now,” Homelendia CEO Frank Chimento said in a press release.
But as many as 200 real estate agents , brokerage firms and landlords are alleged to have violated this law by discriminating against applicants with federally subsidized Section 8 Housing Choice Vouchers, according to an undercover investigation conducted by the Housing Rights Initiative (HRI). We are reviewing the claims.”
In the competitive world of real estate recruitment, brokerages fight for the attention and loyalty of talented agents who can drive their success. As the lifeblood of the industry, agents play an important role in attracting clients, closing deals and determining the ultimate profitability of a brokerage.
This is an experienced agent or broker who provides leads, training, mentorship, support and other resources for the team members. Team commission splits are typically lower than those of a traditional brokerage for an individual agent. Every team member brings a particular skill set to the table. Teams are led by a team leader.
Love them or hate them, profit share and revenue share real estate brokerage models appear to be on the rise, highlighted by the rapid ascent of both eXp Realty and The Real Brokerage over the past roughly 15 years. 2 brokerage Anywhere Advisors , in the 2024 RealTrends Rankings. We are the most productive company in the U.S.,
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 brokerage will pay $9.25 The Real Brokerage closed $14.4 The Umpa suit is the only commission lawsuit in which Real has been named as a defendant.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content