Are homebuilders burning bridges with real estate agents?

Housing Wire

Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of San Diego. Do you need an agent when you have 10 buyers for every home?” Agents don’t want to hear that.

Agents 377

Lawsuit claims Compass defrauds agents

Housing Wire

Compass defrauded its real estate agents out of millions of dollars in sales commissions and broke pledges to give agents shares of stock, according to a new lawsuit that seeks class-action status. One program has agents buying stock at the “preferred” price of $154 a share.

Agents 344
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Redfin’s listings to disclose agent commissions

Housing Wire

The commission gobbled up by a homebuyer’s real estate agent will now be posted on Redfin’s listings. Under that deal, the MLS operator/lobbying group for real estate agents agreed that they could no longer keep Redfin and other websites from posting an agent’s commission fee.

Agents 360

Where real estate agents fit into Zillow’s grand vision

Housing Wire

Zillow, for years, made money selling leads to real estate agents, a practice that agents like Herrera already felt ambivalent toward. The post Where real estate agents fit into Zillow’s grand vision appeared first on HousingWire.

Agents 409

eXp Realty almost doubles agent count

Housing Wire

the holding company for eXp Realty announced that it has exceeded 60,000 agents globally. This represents a year-over-year increase of 85% when compared to 32,403 agents in July 2020. “Obviously, domestically in the US, we’ve got a pretty good percentage of the agent base.

Agents 312

How is the housing market impacting real estate agents?

Housing Wire

A real estate agent at Compass Florida in Coconut Grove, Schechter has 12 years of experience in the real estate industry, so he’s familiar with its cyclical ups and downs. But what about real estate agents? The post How is the housing market impacting real estate agents?

Agents 393

Real estate agents hold breath on commission disclosure

Housing Wire

But the session did not reach a looming inflection point for real estate agents: Whether they must tell homebuyers what commission percentage they stand to make. At issue is unprecedented transparency required out of real estate agents.

Agents 364

Keller Williams-owned app Smarter Agent to shut down

Housing Wire

Keller Williams -owned Smarter Agent , a Philadelphia-based startup that allows agents to create their own branded apps, will be shutting down its dedicated app. Inman News first reported that Smarter Agent would be shutting down.

Agents 355

New program puts Black real estate agents at forefront

Housing Wire

The National Association of Real Estate Brokers has announced the creation of its “Black Real Estate Agent” program to provide financial, educational, and career support for aspiring Black real estate agents.

Agents 405

OJO Labs rolls out agent referral network

Housing Wire

OJO Labs has launched the OJO Select Network, an agent referral program that matches top performing agents with ready homebuyers or sellers based on an understanding of the agent’s skill set and the consumer’s needs. Select Network gives agents access to new leads, ready homebuyers who are kept engaged until they’re ready to work with an agent and custom consumer insights. The post OJO Labs rolls out agent referral network appeared first on HousingWire.

Agents 285

Publicizing The Listing Agent

BubbleInfo

The old rule was that any agent could advertise any MLS listing via the IDX, as long as the listing agent’s name and brokerage was displayed.

First American fined $1 million for illegal perks to agents

Housing Wire

will pay a $1 million fine for improper benefits given to California real estate agents. The majority of the group’s 600 members were real estate agents who belonged to chapters in the Santa Clarita and San Fernando Valleys, officials said. First American Title Co.

Agents 371

Why there are so few real estate agents of color

Housing Wire

Shawneequa Badger, leads an agent team at Corcoran Living in Oakland. Amy Kong of Trust Real Estate hosts open houses where people ask, “Where is the agent?”. These are instances of racism experienced by Hispanic, Black and Asian real estate agents.

Agents 344

Compass acquisition could worry some California agents

Housing Wire

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. The post Compass acquisition could worry some California agents appeared first on HousingWire.

Agents 329

Ben Caballero heads RealTrends’ 2020 top agent list

Housing Wire

Most of the highest producing real estate agents in the country belong to an established, national brokerage. Heading the RealTrends’ top 1,000 agents list – as he has for most years since 2013 – is Ben Caballero, of Dallas-based HomesUSA.

Agents 371

Top five questions to ask a potential real estate agent

Housing Wire

In today’s red-hot market, you need a real estate agent who can get creative, play hardball in negotiations, and help you stand out from the pack in a bidding war. And not everyone — even an agent recommended to you by a friend or loved one — is up to the task.

Agents 428

Need a real estate agent? Here’s how to pick the right one

Housing Wire

That’s what real estate agents are here for. Almost 90% of buyers recently used a real estate agent or broker to purchase their home, according to the National Association of Realtors. A real estate agent is a licensed professional who can guide you through the homebuying process.

Agents 428

In today’s hot housing market, how are real estate agents staying competitive?

Housing Wire

Or is being a real estate agent just a side hustle for you – something you do in your spare time? So, if you’re planning to be a real estate agent long-term, it’s probably a good idea to run your business like, well, a business, especially in today’s highly competitive housing market.

Agents 419

Seattle tops list of best metros for real estate agents

Housing Wire

cities determined that Seattle is the top market for real estate agents to currently work in, and Corpus Christi, Texas, was deemed the worst. Of note, the 37th-ranked city for real estate agents to work in — Missoula, Montana — was the top-ranked market for real estate market health.

Agents 355

2021 will be the year of the tech-enabled agent

Housing Wire

With the right tech stack, agents and brokers have access to rich market insights at their fingertips, the ability to provide virtual home tours…and a deeper understanding of what consumers really want in a home.”. Instead, the need for a great agent is stronger than ever.

Agents 329

Welcome to Inman’s Agent Edge, the competitive advantage for agents

Inman

Inman is pleased to announce the launch of Agent Edge, a new email newsletter covering all things real estate agent. Agent Service agent agent advice agent edge Real Estate Agents service

Agents 121

Top 10 newbie agent behaviors that frustrate listing agents

Inman

It's a marriage made somewhere other than heaven: seasoned listing agents coupled with brand new buyer's agents. Here is a list of rookie behaviors that cause experienced listing agents' toenails to curl.

Agents 124

California Association of Realtors makes Zillow’s dotloop accessible to agents

Housing Wire

Through this integration, CAR agents who use dotloop will no longer need to download and upload forms manually. The post California Association of Realtors makes Zillow’s dotloop accessible to agents appeared first on HousingWire.

Agents 363

A coastal exodus? These Century 21 San Francisco agents don’t think so

Housing Wire

Although many in the real estate industry say that San Franciscans are relocating to places more inland , some Century 21 agents in the San Francisco and Bay Area beg to differ. These Century 21 San Francisco agents don’t think so appeared first on HousingWire.

Agents 393

The DOJ vs. NAR: What’s the impact to real estate agents?

Housing Wire

During the Q&A, Blake discussed the ramifications of previous DOJ investigations into NAR and conversations he has had with top-level agents on how they’re feeling about this news. How, if at all, does it practically affect agents?

Agents 364

[PULSE] Are potential new agents holding off on entering the market?

Housing Wire

An analysis of recent real estate licensing trends released by Agent Advice this week reveals that licensing rates are beginning to recover from a precipitous drop caused by COVID-19 in March and April. The post [PULSE] Are potential new agents holding off on entering the market?

Agents 354

The REAL Agent Plan

Inman

Realtors discuss daily fluctuations in the real estate market and the importance that brokerages support agents through it all. In the above session from Connect Now, Kendall Bonner of RE/MAX Capital Realty and Jen Ward of Cummings & Co.

Agents 135

Listing Agent, Selling Agent, Seller’s Agent: What’s the Difference?

Redfin

Keeping track of the differences between a listing agent, selling agent, seller’s agent, and even buyer’s agent can be a bit challenging, so learning to quickly recognize what these terms refer to in real estate can help you move forward confidently with buying or selling your home.

How lenders can build valuable referral relationships with real estate agents

Housing Wire

The ideal real estate agent-lender relationship is symbiotic: the agent earns trust with their borrowers by connecting them with a great lending resource, while the lender receives a steady stream of business from the agent. The agent-lender connection is no different.

Agents 355

No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

The post No seasonal slowdown this year as real estate agents report a busier-than-usual fall appeared first on HousingWire. Housing Market Real Estate COVID-19 pandemic Fall homebuying home sellers homebuyers Homebuying season Real estate agents summer homebuying

Agents 429

When it comes to home sales, August is the new May, keeping agents busy into the fall

Housing Wire

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Now, agents are showing and selling nonstop.

Agents 428

Two home offices? Real estate agents dish on the latest must-have amenities

Housing Wire

But the agent with TeamBarham, Keller Williams Homewood didn’t expect the grub question. As Americans ditch urban cores for roomier abodes in the suburbs, real estate agents say the list of must-haves has changed: buyers are looking for pools, home offices and makeshift learning centers.

Agents 396

3 major risk types agents need to prepare to mitigate

Inman

Agent Brokerage Opinion Select Service.realtor Agent risk agent safety Joey Sheehan Minimizing risk real estate agent safetyReal estate professionals face three distinct areas of risk: financial, physical and legal.

Agents 128

How real estate agents can alleviate consumer pain points in a tight market

Housing Wire

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing.

Agents 376

Side’s Guy Gal on championing the high-volume real estate agent

Housing Wire

million agents that are licensed and members of the national association, and only about 6% are full-time, experienced high-volume – facilitating at least one transaction a month – professionals. Agents/Brokers Real Estate Brokerage Featured Guy Gal HWplus Side

Agents 344