Remove Agents Remove Closing Remove Development
article thumbnail

How a new agent closed $17 million in his second year using this simple strategy

Housing Wire

Every experienced agent in his city was likeable or at least they could fake it convincingly enough to get by. Tom closed over $17 million in volume in his second year in real estate. Start where you are, but find your tribe As a new agent, where you work is almost as important as how well you work. Wait, open houses?

Closing 366
article thumbnail

How two sisters closed $40 million in 2024 “vibe flipping” LA homes

Housing Wire

They closed nearly $40 million in volume in 2024, vibe flipping luxury homes. They walked us through their exact strategy for building a team, finding homes to renovate and sell and which renovations get the best ROI at the closing table. I showed it to a friend who does some development, and he didn’t see the vision.

Closing 362
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI assistant Shilo closes $2.6 million seed funding round

Housing Wire

is going to have an easier time with product development thanks to a $2.6 We’re here to build the AI teammate every elite agent will use daily — one that listens, learns, and helps them win. According to the company, Shilo can deeply understand the context of business calls made by real estate agents and mortgage loan officers.

Closing 324
article thumbnail

eXp Realty snags 36-agent team in Maine

Housing Wire

eXp Realty continues to add agents and teams at a fast clip. The company announced the addition of the Maine -based Realty ONE Group, a 36-agent team that has closed 338 transactions totaling $128 million in sales volume so far this year. This allows me to focus on what I do best: finding, developing, and nurturing top talent.”

Agents 396
article thumbnail

How a 26-year-old Douglas Elliman agent closed $100 million+ in 2024

Housing Wire

Over the last eight years, Abraham Sarway has parlayed calculated risks like this one into running a team that closed $100 million in volume in 2024. Agents were doing deals there. To this day, my team and I are still working in the South Bronx, even though we regularly close deals on luxury units in Manhattan.”

Closing 248
article thumbnail

NAF opens Black homeownership advocacy program to real estate agents

Housing Wire

Originally developed and launched internally through its NAF Black Impact initiative, the HAC program has trained more than 1,000 company employees, NAF said. Now the mortgage lender is inviting external real estate agents and brokerages to take advantage of the program. “Everybody wants to do good. .

Agents 356
article thumbnail

The post-settlement shift: How listings are concentrating among specialized, high-producing agents

Housing Wire

The 2024 NAR settlement has reshaped the residential real estate industry, creating a new dynamic in how listings are distributed among agents. Notably, the median listing is now held by agents who are more focused on the list side of transactions and are higher producers overall. annual production 15 listings/year 64.7%

Agents 301