Housing Wire

AUGUST 30, 2023

In the competitive world of real estate recruitment, brokerages fight for the attention and loyalty of talented agents who can drive their success. As the lifeblood of the industry, agents play an important role in attracting clients, closing deals and determining the ultimate profitability of a brokerage.

Brokerage 338

Brokerage Branding Agents Closing 338

Housing Wire

MARCH 21, 2024

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 398

Agents Marketing Brokerage Technology 398

Housing Wire

SEPTEMBER 13, 2023

New England-based independent brokerage Bean Group has made the leap to eXp Realty. It is the first brokerage to join eXp Realty through Boost, eXp’s newly released brokerage incentive program. Bean Group, which had been affiliated with LeadingRE , is one of the top brokerages in Northern New England.

Brokerage 410

Brokerage Equity Agents Branding 410

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 During the second quarter, Real once again delivered best-in-class growth with our agents closing a record number of transactions,” said Tamir Poleg , the CEO of Real. Like many other brokerages , the firm is still in the red (it lost over $20 million last year).

Brokerage 320

Brokerage Agents Title Lending 320

Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. 166 nationwide in the 2024 RealTrends Verified sales volume rankings, after its agents closed $1.78 billion in sales volume in 2023. Based in Waltham, Mass., Lamacchia Realty was ranked at No.

Brokerage 421

Brokerage Branding Agents Sales 421

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

Industrial 504

Industrial Seller concession Purchase and sale agreement Agents 504

Housing Wire

AUGUST 4, 2023

Redfin was in the red yet again in the second quarter , but its losses are narrowing and it’s tweaking its unique brokerage model to court more experienced agents in pricey coastal areas. The brokerage and portal’s real estate services division, its principle source of revenue, dropped to $180.6 million, down from $606.9

Brokerage 362

Brokerage Sales Agents Closing 362

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.

Agents 327

Agents Brokerage MLS Technology 327

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. The brokerage, which was founded in 1976 by Gene Boone, will now be known as RE/MAX Foxfire.

Brokerage 381

Brokerage Branding Technology Agents 381

Housing Wire

AUGUST 2, 2023

Daryl Owen , the founder of top California independent brokerage Nationwide Real Estate Executives , is joining eXp Realty and taking 200 agents along with him. In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesday.

Brokerage 369

Brokerage Commercial Property Management Branding 369

Housing Wire

AUGUST 30, 2023

Fast-growing firm The Real Brokerage is welcoming yet another top-performing agent to the company. Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. Newman has more than 20 years of experience in the real estate industry.

Brokerage 347

Brokerage Technology Agents Industrial 347

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. Through this collaboration, all Keyes agents will benefit from RealReports, BHR’s flagship product. billion in closed sales volume in 2022. 38 with 12,458 transactions and $7.5

Brokerage 353

Brokerage Agents Industrial Closing 353

Housing Wire

NOVEMBER 29, 2023

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

Agents 417

Agents Brokerage Technology Staging 417

Housing Wire

NOVEMBER 29, 2023

Knoxville, Tennessee -based Realty Executives have gained some top-producing agents. Ryan Levenson, who is the 2023 president of the East Tennessee Realtors’ Association , is a third-generation real estate agent, following his parents, Rich and Patti Levenson, into the business. million in sales volume.

Agents 395

Agents Brokerage Closing Sales 395

Housing Wire

MARCH 19, 2024

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. billion ), Douglas Elliman ($42.8

Brokerage 441

Brokerage Industrial MLS Sales 441

Housing Wire

MARCH 24, 2023

Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. 1 in sales volume to to the top of the list and retained their No. of all brokerage-controlled sales in the country, staying even with the 2022 rankings, with 35.9% transactions per agent last year.

Brokerage 404

Brokerage Branding Agents Sales 404

Housing Wire

AUGUST 3, 2023

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. In his new position, he will help build visibility for the brand, attract more agents as well as drive agent’s performance through coaching and development. “I

Brokerage 318

Brokerage Development Agents Industrial 318

Housing Wire

JULY 18, 2023

Agent recruitment has been off to a strong start this month at The Agency Dallas. In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. In 2022, he recorded a sales volume of $30 million. and Mexico.

Agents 366

Agents Loan Officer Principal Brokerage 366

Housing Wire

SEPTEMBER 7, 2023

Existing home sales are down, mortgage interest rates are up, and the economic uncertainty is palpable. Real estate brokerage is definitely not for the faint of heart. By the numbers Consider this: It’s estimated that there are currently about 125,000 brokerage firms in the United States. With the Realtor count close to 1.6

Brokerage 346

Brokerage Land Residential Agents 346

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. I wanted to close before May 1, so I selected a buyer who was already in underwriting. Relatedly, discount brokerages have promised big savings to sellers for decades.

Agents 406

Agents Brokerage Loan Officer Closing 406

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Presented by: Axis Technical Group.

Lending 397

Lending Brokerage Mortgages Banks 397

Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual RealTrends 500 ranking. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass.

Brokerage 491

Brokerage Residential MLS Sales 491

Housing Wire

SEPTEMBER 26, 2023

Less than a month after Compass snagged two top-performing Chicago-based @properties agents, @properties has evened the score in the Windy City. According to data from BrokerMetrics , the Tesars have closed a combined sales volume of $25.4 The husband-and-wife team have more than 20 years of combined real estate experience. “The

Agents 328

Agents Brokerage Technology Sales 328

Inman

MAY 1, 2024

The company has roughly 500 agents and closed $665 million in sales in 2023. The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program.

Brokerage 180

Brokerage Closing Agents Sales 180

Housing Wire

JULY 27, 2023

When you think about a real estate team , you automatically think they must be more productive than individual agents, right? Clearly, over the last decade, teams have grown far faster than individual agents in terms of closed transactions. While most brokerage firms have embraced teams, some have not. Not so fast.

Agents 370

Agents Brokerage Closing Branding 370

Housing Wire

JULY 1, 2021

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. Are your agents working for Zillow or are they working for you?”. Become a member today.

Brokerage 421

Brokerage Technology Agents Closing 421

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. RealTrends Brokerage Compensation Report. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. agents and 4.5

Brokerage 381

Brokerage Principal Branding Agents 381

Inman

APRIL 15, 2024

MacDonald is the latest agent to boomerang back from a previous brokerage amid intense competition. In 2023, while an agent at Compass, she closed approximately $20 million in sales volume.

Agents 172

Agents Brokerage Closing Sales 172

Housing Wire

MARCH 29, 2022

The 2022 RealTrends 500 rankings top movers by transaction sides is based on 2021 sales data. Top movers is a ranking of the 50 firms in the RealTrends 500 that had the largest increase in closed sides or largest increase in sales volume between 2020 to 2021. Top 50 Movers by sales Volume. View the full rankings.

Closing 331

Closing Brokerage Sales Agents 331

Housing Wire

APRIL 5, 2022

Keller Williams Realty in Portland, Maine grew 751% in sales volume percentage over the last five years — 2017-2021, ranking No. 3 of the Top 5-Year Movers by Sales Volume Percentage. The 2022 RealTrends 500 brokerage companies are breaking records. Close behind was Compass , with an increase of 1,692%.

Brokerage 361

Brokerage Sales Agents Closing 361

Housing Wire

SEPTEMBER 30, 2020

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. Across its multiple regions, its sales volume totaled more than $22 billion, and it sold over 100,000 houses.

Brokerage 410

Brokerage Commercial Title Closing 410

Housing Wire

FEBRUARY 16, 2021

The Austin, Texas-headquartered real estate brokerage closed 1.22 million home sales in the U.S. Keller Williams also claimed $407 billion in 2020 sales volume in Canada and the U.S., How to Diversify Your Brokerage to Weather Economic Hardship. How to Diversify Your Brokerage to Weather Economic Hardship.

Sales 421

Sales Brokerage Staging Closing 421

Housing Wire

APRIL 4, 2022

When it comes to sales volume, the top mover was Compass with a $99+ billion volume increase in 2021 compared to 2020. Next was Realogy Brokerage Group , which consists of company-owned Coldwell Banker , Sotheby’s International and Corcoran offices, with a $61+ billion increase year over years. Top 50 Movers by sales Volume.

Sales 351

Sales Brokerage Agents Closing 351

Housing Wire

FEBRUARY 12, 2024

Roughly 10 months since first expanding into Florida , Ryan Serhant’s eponymous brokerage is expanding into its third market in the state. The team’s 16 agents are SERHANT.’s Previously, the brokerage only operated in the Miami and Palm Beach County markets. In early February, SERHANT. s first in Orlando. In SERHANT.,

Marketing 402

Marketing Brokerage Agents Development 402

Housing Wire

MARCH 6, 2024

Top-performing independent Florida brokerage Premiere Plus Realty has chosen to affiliate with Dallas-based United Real Estate , according to an announcement on Wednesday. 155 in the RealTrends 500 rankings by sides, based on its 4,671 closed transactions in 2022. Its sales volume of $3.346 billion was good for No.

Brokerage 365

Brokerage Agents Closing Sales 365

Housing Wire

APRIL 29, 2024

Most notably, the brokerage appointed Amy Weaver to the position of senior vice president of the U.S. Susan McClain was named vice president of agent success, a role in which she will focus on increasing agent support and satisfaction. The firm’s $143.578 billion in sales volume earned it the No. 3 spot in the rankings.

Commercial 314

Commercial Brokerage Agents Industrial 314

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. So let your personality shine.

Agents 396

Agents Construction Design Branding 396