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More real estate agents are switching brokerages: Relitix

Housing Wire

With market uncertainty, real estate agents had been sticking with their current brokerage., According to Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as agents begin switching brokerages at a faster rate than 2023. but that’s all starting to change. respectively.

Brokerage 441
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Real estate agents continue to change brokerages: Relitix

Housing Wire

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Additionally, the drop in active agent count, representing those agents with a closing in the last 12 months, has been halted. respectively.

Brokerage 357
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Special report: Jacksonville’s brokerage competition visualized

Housing Wire

Pre-pandemic, Jacksonville’s housing market was propelled by strong tailwinds: affordability relative to the rest of the Sunshine State, Florida’s lack of income tax and the quality of life benefits of having a river and oceanfront, to name a few. If not, expect brokerage competition to get even hotter.

Brokerage 387
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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 407
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eXp, Compass top 2024 RealTrends Verified brokerage rankings for second year

Housing Wire

The market grappled with low inventory and mortgage rates that gave many homebuyers a reason to pause. Today, there are 100,000 more homes on the market than there were in March of last year — that’s 21% inventory growth. The Real Brokerage proved its model is enticing for agents and teams by adding $6.8B

Brokerage 414
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The Real Brokerage, The Agency top list of RealTrends Verified movers by sides/volume

Housing Wire

In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning that game. The 2023 housing market was a period of uncertainty with low inventory and industry challenges. Berkshire Hathaway HomeServices RW Towne Realty also had a strong showing.

Brokerage 442
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Which brokerages will thrive in a post-NAR settlement world?

Housing Wire

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. Fewer agents? Obviously, RE/MAX comes to mind as it has a large franchise model that is tied to agent count,” Tomasello said. “If

Brokerage 441