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DataDigest: Study shows agents are aplenty, most with few or no sales

Housing Wire

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.

Agents 427
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Pending home sales slowed considerably in April: NAR

Housing Wire

Pending home sales sales dropped 7.7% The NAR’s Pending Home Sales Index declined to 72.3 New-home sales , which are also based on contract signings, fell 4.7% Existing-home sales also declined last month to a seasonally adjusted annual rate of 4.14 Year over year, pending transactions fell 7.4%. All four U.S.

Sales 437
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Roof AI powers its sales assistant with OpenAI technology

Housing Wire

Roof AI , an artificial intelligence -powered sales assistant that helps real estate and mortgage companies generate revenue across their business units, announced the integration of OpenAI ’s technology into its system, significantly boosting its capabilities. Michel Moubarak, vice president of growth at Roof AI, told HousingWire. “We

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Coldwell Banker Realty welcomes top-performing New England agent 

Housing Wire

In 2023, Wood had more than $25 million in sales production and completed more than 35 transactions in Connecticut, New York and Massachusetts, according to a Coldwell Banker news release. With more than 16 years of real estate experience, Wood brings extensive expertise in sales, rentals and real estate investing.

Agents 424
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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.

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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. 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.

Agents 417
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Opinion: Is the industry positioned for a mass exodus of real estate agents?

Housing Wire

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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The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

Given the changes that the pandemic has forced real estate agents to make, agents are now under pressure to find a way to keep their health, personal life, and career on track. Flexibility is the key to future-proofing your role as a real estate agent; you must be able to pivot and adapt to succeed in all markets.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. She will discuss: A systematic approach to developing, nurturing, and converting prospects.