Rocket announces discount real estate brokerage

Housing Wire

Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. But Rocket’s announcement provides a couple of specific ways it wants to cut into the real estate market and challenge traditional agents.

Opendoor launches… a brokerage?

Housing Wire

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. A spokesperson for Opendoor told HousingWire that the company is looking to staff its Home Reserve platform with independent contract agents, not salaried agents.

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HomeSmart snares prominent Atlanta brokerage

Housing Wire

Growing real estate brokerage firm HomeSmart announced Wednesday that it bought PalmerHouse Properties , an Atlanta-headquartered brokerage that has about 2,000 agents. How to Diversify Your Brokerage to Weather Economic Hardship. brokerages.

Real estate brokerages: Tech won’t ruin us

Housing Wire

So began one of the more compelling panels at RealTrends’ “Gathering of Eagles” conference in Colorado Springs – “Intersection of tech and brokerage.”. Brokerages largely waved the white flag in building competing home listings sites.

Warren Buffett’s boring, dominant resi brokerage

Housing Wire

But while Blefari has a clearly defined personality, the residential real estate brokerage he runs doesn’t. The post Warren Buffett’s boring, dominant resi brokerage appeared first on HousingWire. Gino Blefari, Berkshire Hathaway HomeServices of America CEO and chairman.

White-label brokerage Side achieves unicorn status

Housing Wire

San Francisco-based real estate brokerage Side announced Monday that they raised $150 million, ushering in a new phase for the four-year-old company. For example, top Beverly Hills luxury producer Ben Bacal started the brand “Revel Real Estate” under the Side brokerage.

How this real estate brokerage’s unique model generates more profit for agents

Housing Wire

For the well-prepared real estate brokerages, this holds a promising future. The fusion of technology, quick sales and incredible demand from the public have created a tsunami of discount-based brokerages trying to fill that public demand. If a volume-based discount brokerage cannot do all of these things, it may fail due to an inability to retain or recruit agents, lack of profitability, and poor customer service ratings. .

These brokerages topped the RealTrends 500 in 2020

Housing Wire

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual RealTrends 500 ranking. Top independent brokerage Howard Hanna/Allen Tate was involved in 105,455 transaction sides last year, good for $26.7

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

Must-Dos for Brokerage and Agent Success

RIS Media

By adhering to our guiding principle of positioning our brokerages for long-term success by first positioning our agents for success. Extremely high effectiveness and efficiencies in back-office brokerage workflows and front-facing agent productivity systems.

21 questions agents should expect during a brokerage interview

Inman

Switching brokerages? Asking the right questions to make sure the company is a good fit is a no-brainer, and a good brokerage will likely do the same. Here are some topics you should be ready to address when being interviewed by a new brokerage.

Recruiting new agents? 5 tips for making your brokerage stand out

Inman

New agents are a big part of a brokerage’s success. A good way to attract and recruit them is through effective and eye-catching marketing and branding campaigns that highlight your brokerage’s key differentiators.

F.C. Tucker acquires brokerage started by former agent affiliate

Inman

Indie brokerage Front Porch Real Estate was founded in 2014 by former F.C. Tucker agent Jim Perry and has 190 agents. Brokerage acquisition claire belby F.C. Tucker front porch real estate howard hanna jim litten jim perry

United RE Q2 explosive growth driven by tech, low-fee+ brokerage model

Housing Wire

In the past, when brokers thought about low-fee brokerage firms, they thought of low service. But, make no mistake, they are not a traditional brokerage model. As you grow a strong toehold in a market, agents see your signs in yards.

Building a Brokerage Model That Gives Power Back to Agents

RIS Media

I once saw a sign from a large brokerage that read, “It’s not about the agent, it’s about the brand.” How does a simple idea grow to over 6,000 agents without private equity or venture capital pouring money into growth? Allow agents to brand themselves.

Howard Hanna acquires New York brokerage Rand Realty

Housing Wire

Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty , giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City.

80% of real estate brokerages operate from one office: NAR

Inman

The National Association of Realtors' 2021 Profile of Real Estate Firms revealed how brokers are pivoting with enhanced consumer and agent benefits. Brokerage Select 2021 profile of real estate firms agent benefits broker offerings independent brokerages NAR national association of realtors

These brokerages topped the Real Trends 500 in 2020

Housing Wire

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual ranking by Real Trends. Top independent brokerage Howard Hanna/Allen Tate was involved in 105,455 transaction sides last year, good for $26.7

Virtual brokerage Real plans to add thousands of agents, CEO says

Inman

Agent Brokerage Industry News Markets & Economy Select Technology canada nasdaq real shares stock market tamir poleg The real brokerage Toronto Stock Exchange

3 rules for keeping your brokerage’s branding in check

Inman

When it comes to a brokerage’s branding, the buck stops with the broker — regardless of your firm’s rules on team and agent branding. Here are independent broker Erica Ramus’ top rules for brokerage branding.

Recordings of Houston agents by rival brokerage reveal commission steering

Inman

Agent Industry News News Brief Select agent commissions antitrust lawsuit buyer steering discount brokerages houston Houston Association of Realtors (HAR) houston chronicle Jack Ryan lockboxes NAR Ethics National Association of Realtors (NAR) real estate agent salary Rex Real Estate U.S.

Is this the right fit? Here’s how to bet on the right brokerage

Inman

As a new agent, choosing a brokerage is a vital and nerve-wracking decision. To help ensure a good fit, print out these questions, and make sure to ask them during your interview.

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

Inman Handbook on choosing a new brokerage

Inman

The brokerage an agent or team chooses can make a significant mark on their ongoing success. But with new models and advanced tech, the choice is harder than ever.

Compass expands its brokerage operations to Wisconsin

Inman

Compass has entered Milwaukee with three founding agents and their teams, all representing more than $110 million in 2020 sales volume. The brokerage is now stacking up its managerial team for the market, with the addition of Kel Svoboda.

How Real Estate Brokerages Can Empower Their Agents

RIS Media

Number of agents: 300. I also love empowering my agents. Best piece of advice for new agents: Be consistent with your habits. Most agents struggle when it comes to keeping their pipeline full, so consistent lead gen habits are paramount. Chris Sears. Managing Partner.

Education will power your brokerage

Inman

In the above session from Connect now, Kendall Bonner of RE/MAX Capital Realty and Josh Woodward of McGraw REALTORS delve into the importance of continuing education to both agents and brokerages in real estate.

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

Can real estate teams and brokerages coexist?

Inman

Brokerages are evolving to provide more specialized support to all stakeholders, including evolving teams, according to Adam Hergenrother. The brokerages that best understand the new rules of engagement will take teams the furthest.

Rethinking your life? 5 questions to ask before switching brokerages

Inman

It seems like every day a top team or agent is making headlines by jumping to a new brokerage. Agent Select Teams agent commission brokerage culture new brokerage switch brokerage switching brokerages

Opendoor is seeking real estate agents for ‘Opendoor Brokerage’

Inman

Brokerage Select Technology brokerage brokerage license COVID-19 ibuyer offerpad opendoor ZillowA spokesperson for Opendoor clarified that the role will support the "Home Reserve" platform that the iBuyer announced in May.

Agent tech tools: How to set your brokerage up for success

Inman

In the above session from Connect Now, representatives from a number of Corcoran franchises discuss how agents and brokers have no shortage of options when it comes to technology, and the conundrum that can present. Sponsored Agent tech tools: How to set your brokerage up for success corcora

Survey: The Right Brokerage Could Triple Your Income

McKissock

How much does a real estate agent make? Our recent survey found real estate agent income varies by brokerage type — so you can maximize your earnings by choosing a brokerage that’s more likely to boost your profits. How much does a real estate agent make?

Radius Agent is launching a virtual, 100% commission brokerage

Inman

The tech startup behind the 70,000-agent social network and lead generation marketplace is getting into the brokerage business. Brokerage Industry News Select Technology biju ashokan Cota Capital nfx pete flint radius agent Radius marketplace roofstock sanya gurnani Sierre Ventures

Century 21 Announces Major Indiana Brokerage Partnership

RIS Media

a leading brokerage in Carmel, Indiana. For decades they and their outstanding affiliated agents have had a great reputation in our market area and have been community impact makers,” said Tracy Hutton, broker/owner, CENTURY 21 Scheetz, in a statement.