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Redfin expands agent compensation plan to seven new markets

Housing Wire

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. Beginning May 5, Redfin Next will be available in seven markets outside the Golden State —including Chicago, Connecticut, Dallas, Miami, New York City, Washington, D.C.,

Agents 388
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DataDigest: Yes, buyer agents steer clients, new study claims

Housing Wire

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Agents 430
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New low in real estate agent movement: Relitix

Housing Wire

Agents are moving between brokerages at a much slower pace than the post-pandemic peak seen in the summer of 2021, according to Relitix’s Agent Movement Index. The index shows the relative degree of movement between brokerages by experienced agents and is indexed to the level of mobility in January 2016.

Agents 381
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Top New Orleans agent makes the jump to Keller Williams

Housing Wire

Keller Williams New Orleans is getting a major boost. The city’s top agent by both sales volume and transaction sides in 2022 is joining the firm, according to an announcement on Tuesday. Chris Smith, a 20-year industry veteran, is leaving Latter & Blum for Keller Williams New Orleans.

Agents 410
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Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session, Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share. How to generate new leads from your database. You will learn: How to view your database as an organic thing (it’s literally alive!). Why there’s no such thing as a dead lead.

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The nation’s largest MLS is offering a new agent referral network program

Housing Wire

California Regional MLS (CRMLS), the largest MLS in the country, has teamed up with technology provider Immobel to roll out two new products, MLS Match and Xomio, the company announced on Wednesday. MLS Match will be available to the more than 110,000 members of CRMLS for free, while Xomio will be sold at a discount via the CRMLS Marketplace.

MLS 353
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Redfin launches new agent pay plan in San Francisco, Los Angeles

Housing Wire

Long known for its salaried compensation for agents, Redfin is trying a new pay model in two of the nation’s largest housing markets to help boost its market share. According to Redfin CEO Glenn Kelman , the other aim of this change is to create million-dollar agents. “We So, we really think we struck the right chord here.”

Agents 376
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#Trending: How to Leverage Instagram’s Algorithm to Build Your Pipeline

Speaker: Eric Simon, Founder of The Broke Agent Media | Matt Lionetti, Real Estate Salesperson at The Agency

Social Media is one of the most efficient sales tools an agent can use! As new social media tactics flood the market, agents are being inundated with the various apps and trends that could lead to their success. It has the potential to produce high-quality leads and foster client relationships when used effectively.