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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. Beginning May 5, Redfin Next will be available in seven markets outside the Golden State —including Chicago, Connecticut, Dallas, Miami, New York City, Washington, D.C.,

Agents 417
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reAlpha launches AI-powered buyers’ agent chatbot

Housing Wire

Real estate technology company reAlpha Tech Corp. launched Claire, a generative artificial intelligence -powered, zero-commission buyers’ agent chatbot, the company announced on Wednesday. Claire boasts a conversational interface to guide users through every step of the homebuying journey, from property search to deal closing.

Agents 403
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Recruiters turn to AI in their quest to lure top agents

Housing Wire

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 362
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Rocket to shut down origination channel for real estate and insurance agents

Housing Wire

Rocket Companies will soon shut down Rocket Pro Originate , a mortgage origination platform for real estate agents, insurance agents, tax professionals and other financial professionals who are also licensed to originate mortgages. The lender is also providing a discount on data intelligence software Mobility Market Intelligence.

Agents 508
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SoftPro unveils ClosingsLIVE, its closings communication portal

Housing Wire

SoftPro , the nation’s top provider of title , closing, and escrow software, announced on Thursday that it has launched ClosingsLIVE, a cutting-edge communication portal for real estate settlements. For instance, a realtor may have multiple properties in progress with more than one settlement agent.

Closing 364
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Why regular check-ins are the unsung heroes of agent retention

Housing Wire

However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

Agents 437
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titlegenius by Radian makes closing simple, transparent and less expensive

Housing Wire

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

Closing 356