Housing Wire

OCTOBER 17, 2023

A friend of mine is a successful real estate professional in a competitive market. We often discuss changing housing market conditions, and the pressure real estate agents are under to stay relevant in the wake of increased competition. Consider your competition and how they have found success.

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Housing Wire

APRIL 3, 2024

Real estate listing giants Zillow and CoStar are currently embattled in a fight for listing portal supremacy. The battle began heating up in September 2023 when CoStar’s residential real estate platform Homes.com surpassed 100 million unique monthly visitors, becoming the second most popular listing portal behind Zillow.

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Housing Wire

MARCH 6, 2024

It is a myth that you have to be a people person to be successful in real estate, or that you’ve got to be outgoing, gregarious, and socially confident to be great sales. Some of the most successful top-producing agents and brokers in the country are self-proclaimed introverts. How do they do it?

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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

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Housing Wire

MARCH 27, 2024

Nothing sets you up for success like learning the habits and best practices of more experienced agents, brokers and other housing professionals. Here’s a look at 11 real estate conferences and events that should be on your radar this year. What we love: We are biased but The Gathering pulls from a wide net.

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Housing Wire

FEBRUARY 29, 2024

Real estate agents gathered at the Palladium Theater in New York City’s Times Square on Thursday to learn networking and lead generation strategies from some of the nation’s top luxury real estate agents at the Goldbar Live conference. Will your wins into existence,” Ryan Serhant , the founder of SERHANT.

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Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Don’t panic. The executives said they received more than 150 questions.

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Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I

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Housing Wire

JANUARY 29, 2024

Referral business is crucial to your bottom line as an agent. That’s where real estate testimonials come into play. In this article, we’ll show how to procure top-notch client testimonials, where and how to share them, and how to leverage them to bolster your reputation and close more deals in 2024.

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Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

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Housing Wire

OCTOBER 13, 2023

It’s a weird time to be a real estate agent , and I see it all around me here in the Denver metro. Brokers who rode the proverbial wave of real estate during the pandemic and have now had to reroute or pivot to figure out how to navigate a market that was once boasting the lowest rates in decades are disoriented.

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Housing Wire

DECEMBER 27, 2023

The complaint alleges that the defendants are “unlawfully attempting to monopolize the market for real estate showing management services in the geographic regions they control and from unlawfully conspiring to exclude or severely limit ShowingTime, their competitor in those markets.”

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Housing Wire

APRIL 22, 2024

Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. My name is (your name), and I’m a licensed real estate professional with (your brokerage). My name is (your name), and I’m a licensed real estate professional with (your brokerage).

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Housing Wire

JULY 27, 2023

Building a robust team of real estate agents isn’t just about attracting talent —it’s about appealing to the right talent. One of the most effective strategies for this is leveraging your own team’s success stories to generate inbound recruiting leads. Success stories are powerful tools.

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Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. When you buy through our links, we may earn a commission.

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Housing Wire

MARCH 8, 2024

Success in the real estate industry hinges not just on what you know, but who you know. For real estate professionals , turning networking into a regular practice is key to long-term success. For real estate professionals , turning networking into a regular practice is key to long-term success.

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Housing Wire

JANUARY 29, 2024

2023 was the weirdest real estate market on record. How can you increase your chances of that happening? “If it’s meant to be, it’s up to me” plus “I’m a doer, I get things done, I do things now,” are your new affirmations to own your success. All this happened, but you survived it, so go you!

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Housing Wire

NOVEMBER 29, 2023

However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

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Housing Wire

APRIL 23, 2024

They also bar the trade group from establishing any sort of rules that would allow a seller’s agent to set compensation for a buyer’s agent. Despite the challenges, the parties were able to reach an agreement, the terms of which include a requirement for NAR to pay $418 million into a settlement fund.

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Housing Wire

JANUARY 11, 2024

Although what lies ahead in the world of real estate and mortgage services in 2024 remains a bit uncertain, it’s now crystal clear that, beyond the already-tired suggestion that we “survive until ’25,” quite a few businesses will be seeking to find additional sources of revenue. Here’s why.

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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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Housing Wire

NOVEMBER 2, 2023

In the fast-paced world of real estate , success hinges on the ability to connect with clients. Recently, I dedicated some time to listening in on phone conversations between real estate agents and prospective homebuyers during their initial interactions. Delve deeper into the conversation.

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Housing Wire

MARCH 18, 2024

The show “Shark Tank” takes this notion to a new level as the entire program — successful season after season — glorifies entrepreneurialism and equates it with “The American Dream.” The secular success of Silicon Valley and the enshrinement of venture capital in the edifice of America (and now the world) further burnishes entrepreneurship.

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Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

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Housing Wire

AUGUST 29, 2023

Recruitment is a crucial determinant of growth and success for real estate brokerages. Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage.

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Housing Wire

APRIL 22, 2024

(Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. Rather than focusing on recruiting one agent at a time, these small acquisitions would be recruiting groups of agents at a time,” Wright said.

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Housing Wire

OCTOBER 24, 2023

In my experience within the real estate industry, a fundamental lesson stands out: the power of partnerships. These collaborations represent opportunities to combine expertise, share resources and, ultimately, elevate real estate agents’ and clients’ real estate journeys.

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Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether?

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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.

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Housing Wire

JANUARY 10, 2024

Most agents seldom sell homes, according to a new study published by the Consumer Federation of America last week. The study, CFA’s third of three on this topic, suggests that a significant portion of agents in the U.S. sell at most five homes in a year. On this, NAR has previously reached the same conclusion.

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Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

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Housing Wire

FEBRUARY 12, 2024

The CE Shop offers convenient online real estate courses in 45 states, and these can be completed at your own pace. In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals.

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Housing Wire

FEBRUARY 29, 2024

Storytelling is key to the company’s success and Stewart’s own story explains how he stays cool in any market cycle. SW: How do you know what the “right” content is? DS: So first, as a brand, we create content for agents that’s designed to go to people they know, typically past clients and sphere.

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Housing Wire

FEBRUARY 12, 2024

If you’re returning to the classroom to launch a new career, this guide will help you find the best online real estate school and program for your learning style, budget, schedule, and career goals. When you buy through our links, we may earn a commission. Streamlined navigation. 5-day free trial. Exam Prep Edge.

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Housing Wire

NOVEMBER 15, 2023

Luckily, the mortgage industry is cyclical, so let’s take a look at how you can turn a negative into a positive and grab clients’ attention through effective marketing , ultimately growing your book while others’ shrink. Below are a few ways originators can best present themselves to real estate agents and stand out in a saturated market.

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Housing Wire

OCTOBER 19, 2023

The Real Brokerage has appointed Christian Wallace as chief of integrated home services, the company announced on Thursday. In this newly created role, Wallace will report to Real Chairman and CEO Tamir Poleg and will oversee Real’s consumer-facing products. At Rocket Homes where Wallace worked from Feb. 2022 to Oct.

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Housing Wire

APRIL 11, 2024

There is power in steady, unchanging predictability, both in life and in real estate. The industry is also contending with commission lawsuits and what this will mean for real estate long term. Outside of the occasional rainstorm, Arizona weather is quite consistent. Predictability IS certainty. I’ll share an example.

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