Housing Wire

APRIL 16, 2024

In the wake of the recent NAR settlement , coupled with persistently sluggish home sales and high interest rates , real estate agents find themselves at a crossroads marked by uncertainty and unease. Amidst this backdrop, brokerages face a critical task; keeping their agent counts from diminishing.

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Industrial Agents Brokerage Sales 445

Housing Wire

MARCH 20, 2024

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. Fewer agents? Obviously, RE/MAX comes to mind as it has a large franchise model that is tied to agent count,” Tomasello said. “If

Brokerage 445

Brokerage Agents Industrial As-is 445

Housing Wire

MARCH 22, 2024

In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning that game. For all of 2023, the Relitix Agent Movement Index , showed a marked decrease in agent movement. Berkshire Hathaway HomeServices RW Towne Realty also had a strong showing.

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Brokerage Agents Industrial Sales 450

Housing Wire

MARCH 22, 2024

Each year, RealTrends Verified identifies the country’s most successful residential real estate brokerages, teams and agents – verifying transaction sides and closed sales volume for top-performing real estate brokerages — to give you the full picture of real estate performance.

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Brokerage Branding Agents Residential 421

Housing Wire

JANUARY 22, 2024

Top-producing mega team PREMIERE Group is joining fast-growing firm The Real Brokerage , according to an announcement on Monday. Founded in 2017 in Greensboro, North Carolina by David Keener, the PREMIERE Group operates as a teamerage , providing agents with marketing and operations resources. million.

Brokerage 443

Brokerage Agents Design Closing 443

Housing Wire

JANUARY 3, 2024

Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention and production of independent contractor sales agents. approach to value.

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Brokerage Residential Industrial Agents 399

Housing Wire

SEPTEMBER 19, 2023

The Real Brokerage continues to add to its agent count. Led by Carrie Théard and Sean Hettich, District South’s 40 agents serve home buyers and sellers in Louisiana’s Acadiana region. All 40 of Théard and Hettich’s agents will be joining Real, bringing the firm’s agent count to over 12,000.

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Brokerage Agents Sales 399

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 During the second quarter, Real once again delivered best-in-class growth with our agents closing a record number of transactions,” said Tamir Poleg , the CEO of Real. Like many other brokerages , the firm is still in the red (it lost over $20 million last year). compared to 8.3%

Brokerage 324

Brokerage Agents Title Lending 324

Housing Wire

APRIL 17, 2024

The latest findings from Relitix’s Agent Movement Index (AMI) for March 2024 reveal a nuanced landscape in the real estate sector, with shifts in agent activities suggesting stabilizing and evolving market conditions. The agent movement reflects the relative mobility of experienced agents between brokerages.

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Agents MLS Brokerage Industrial 355

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. Agent and Team Rankings will be unveiled in June. We believe in a content and community flywheel.

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Brokerage Branding Agents As-is 414

Housing Wire

AUGUST 30, 2023

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.

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Brokerage Branding Agents Closing 342

Housing Wire

OCTOBER 25, 2023

First Team Real Estate , the largest independent brokerage in California , left Christie’s International Real Estate , the company first told Inman on Wednesday. We felt that our independence is what got us to where we are today and what will enable us to continue innovating on behalf of our agents.

Brokerage 388

Brokerage Agents Branding Development 388

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 383

Brokerage Technology Agents Marketing 383

Housing Wire

JANUARY 31, 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 Real currently boasts more than 14,000 agents across all 50 states. 25 for sides and No.

Brokerage 338

Brokerage Sales Agents Marketing 338

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

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Agents Brokerage MLS Technology 331

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. No other brokerage can offer agents a big traditional split and all the benefits, support, technology and customer introductions that we provide here at Redfin.

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Agents Marketing Brokerage Technology 401

Housing Wire

OCTOBER 2, 2023

FresYes Realty , one of California ‘s top real estate agent teams, has left the indie ranks to join The Real Brokerage. Jason Farris and his 50-agent team were the top large team in California by sides in 2021, according to the RealTrends 2022 rankings. All of our agents at Real stand to benefit from Jason’s expertise.”

Brokerage 431

Brokerage Staging Agents Industrial 431

Housing Wire

NOVEMBER 27, 2023

Real estate agents are continuing to stay put, moving much less between brokerages than the post- pandemic peak seen in the summer of 2021, according to the latest Relitix Agent Movement Index. representing a decline in annualized movement of agents of over 18%. It now appears that was premature as the decline continues.

Agents 393

Agents MLS Brokerage As-is 393

Housing Wire

JANUARY 26, 2024

But all of that changed on Thursday, when Whaley’s counsel filed an amended complaint naming 15 brokerages as defendants. The Brokerage Defendants also serve an essential role in the conspiracy by executing the conspiracy’s objectives on the ground,” the complaint states. “In

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Brokerage MLS Agents As-is 402

Housing Wire

SEPTEMBER 13, 2023

New England-based independent brokerage Bean Group has made the leap to eXp Realty. It is the first brokerage to join eXp Realty through Boost, eXp’s newly released brokerage incentive program. Bean Group, which had been affiliated with LeadingRE , is one of the top brokerages in Northern New England.

Brokerage 412

Brokerage Equity Agents Branding 412

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 378

Brokerage Branding Agents Technology 378

Housing Wire

AUGUST 30, 2023

Fast-growing firm The Real Brokerage is welcoming yet another top-performing agent to the company. Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. He and his team were most recently brokered at Hague Realty in Scottsdale.

Brokerage 351

Brokerage Technology Agents Industrial 351

Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. 166 nationwide in the 2024 RealTrends Verified sales volume rankings, after its agents closed $1.78 Lamacchia Realty is expanding its presence in the Pioneer Valley region of Massachusetts. Based in Waltham, Mass.,

Brokerage 421

Brokerage Branding Agents Sales 421

Housing Wire

SEPTEMBER 20, 2023

Compass’ brokerage firm recruiting efforts continue. Deasy Penner Podley , or DPP Real Estate is the latest boutique brokerage to affiliate with the national firm, according to an announcement on Tuesday. Based in Pasadena, DPP @ Compass has over 175 agents serving an area spanning from Santa Monica to Palm Springs.

Brokerage 376

Brokerage Agents Design Sales 376

Housing Wire

SEPTEMBER 28, 2023

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.

Brokerage 385

Brokerage Branding Technology Agents 385

Housing Wire

SEPTEMBER 12, 2023

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.

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Brokerage Marketing Agents Technology 377

Housing Wire

OCTOBER 13, 2023

Indie brokerage Legends Real Estate has joined The Real Brokerage , expanding Real’s footprint in No rt hern California. Industry veteran John Pope founded the Sacramento-based brokerage in 2020 and will serve as a regional broker for Real. As part of his new role, he will oversee Northern California for the brokerage.

Brokerage 400

Brokerage Residential Agents Development 400

Housing Wire

SEPTEMBER 29, 2023

The Paris-based brokerage is launching its Florida operation on Friday, marking its first expansion into the U.S. According to iad, the brokerage is the No. 1 brokerage by transaction sides in France, as well as No.3 based one in Tampa, there are no brick-and-mortar store fronts for agents and brokers to operate out of. “It

Brokerage 410

Brokerage Agents Principal Branding 410

Housing Wire

JANUARY 16, 2024

After a multi-year decline in agent movement between brokerages , Relitix ’s Agent Movement Index shows a clear bottoming out in early fall of 2023 and increased real estate agent mobility as we move into 2024. “We Agents will begin moving more between brokerages in 2024 as the market begins to normalize.

Agents 432

Agents MLS Brokerage As-is 432

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. To do so, RealReports is pulling information from over 30 data providers.

Brokerage 357

Brokerage Agents Industrial Closing 357

Housing Wire

DECEMBER 8, 2023

Originally filed in late November, the Phillips lawsuit accuses real estate industry players of colluding to artificially inflate real estate agent commissions. As a result of this scheme, the purportedly non-negotiable commissions of buyer agents are rolled into the sale price of homes.

Brokerage 430

Brokerage MLS Branding Agents 430

Housing Wire

SEPTEMBER 22, 2023

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

Brokerage 405

Brokerage Agents Technology Industrial 405

Housing Wire

NOVEMBER 20, 2023

I decided to break down the numbers and look at brokerage economics. According to data from RTC Consulting and RealTrends , the total gross commission paid out to residential brokerage firms and their agents over the past five years was approximately $420.9 goes to the agents and teams. While reading about the $1.8

Brokerage 356

Brokerage Branding Agents Industrial 356

Housing Wire

SEPTEMBER 7, 2023

Fast-growing firm The Real Brokerage is making it easier for their agents to take advantage of the company’s revenue share program. This opens opportunities for higher compensations and a more streamlined downline system, the brokerage said. “Just think about that number — I know that is very valuable for all of you.

Brokerage 369

Brokerage Agents As-is 369

Housing Wire

AUGUST 3, 2023

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. In his new position, he will help build visibility for the brand, attract more agents as well as drive agent’s performance through coaching and development. “I

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Brokerage Development Agents Industrial 322

Housing Wire

OCTOBER 2, 2023

Real estate giant Zillow came out victorious in its years-long legal battle with discount brokerage REX Real Estate. District Court in Seattle determined that Zillow did not make deceptive change to its only agent listings that forced REX Real Estate to go out of business. In mid-May 2022, REX ceased its brokerage operations.

Brokerage 399

Brokerage MLS Agents Design 399

Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Our brokerage is unique,” Michael Gifford told HousingWire. “It’s So that’s a major differentiator from us and other agents.” I will say that real estate brokerage is a far cry from Fintech.”

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Equity Brokerage Agents Marketing 385