Inside Look: RealTrends 2021 Brokerage Compensation Study

Housing Wire

The following Q&A comes from the HW+ exclusive Slack channel, where Steve Murray, senior advisor to RealTrends , and Tracey Velt, RealTrends editorial, as they give an exclusive first look at the 2021 RealTrends Brokerage Compensation Report.

Opendoor launches… a brokerage?

Housing Wire

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. You will be able to service more buyers and sellers every year by being able to offer products no other brokerage can.”.

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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. The post Rocket announces discount real estate brokerage appeared first on HousingWire. Rocket Homes has plans to start iBuying – and discount real estate.

Real estate brokerages embrace long-term remote work

Housing Wire

Brokerage executives are elated to see each other in person again. HW Media acquired RealTrends last year, and for most real estate brokerage heads RealTrends’ annual soiree was the first in real life since early 2020. The Broadmoor Hotel in Colorado Springs, Colorado.

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.

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.

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

Keller Williams, and brokerage’s diversity shortcomings

Housing Wire

King also replaces a white man, the abruptly departed Josh Team, and reports to another white man, Carl Liebert, the CEO of the brokerage’s holding company, KWx. These moves were orchestrated by another Caucasian male, Gary Keller, the brokerage’s co-founder and executive chairman.

Better.com to acquire UK-based digital mortgage brokerage

Housing Wire

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. since early 2020, with plans to usurp the traditional mortgage brokerages that dominate the U.K.’s

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. ” Duffy says the company’s Bullseye Agent and Brokerage Productivity Platform is a true cloud-based system.

2 Midwest Century 21 brokerages combine forces

Inman

Both brokerages operate in Indiana. Brokerage Industry News News Brief Select acquisitions Carmel century 21 Century 21 Rasmussen Century 21 Scheetz indiana indianapolis Larry Rasmussen Michael Miedler realogy teams Tracy HuttonCentury 21 Scheetz is acquiring Century 21 Rasmussen Co.

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

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.

Billion-dollar Bellevue brokerage joins ERA Real Estate

Inman

One of Bellevue, Washington's oldest and largest family-owned brokerages RSVP Real Estate has joined ERA, according to a joint announcement on Thursday. Brokerage Select Andy Kloetsch bellevue RSVP Real Estate seattle sherry chris Steve Kloetsch washington real estate

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.

The brokerage revolution is here

Inman

Brokerage Sponsored broker owners brokerage coldwell bankerThe key for broker-owners to come out on the other side of this revolution: align with a powerful brand that has the speed to execute quickly, and ability to anticipate the needs of the industry.

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

Inman

Brokerage Select 2021 profile of real estate firms agent benefits broker offerings independent brokerages NAR national association of realtors

Compass expands its brokerage operations to Wisconsin

Inman

The brokerage is now stacking up its managerial team for the market, with the addition of Kel Svoboda. Brokerage Select Collin Yelich compass Compass expansion Kel Svoboda milwaukee Milwaukee real estate Shar Borg

Side’s Hilary Saunders: An inside look at the alternative brokerage model

Housing Wire

The post Side’s Hilary Saunders: An inside look at the alternative brokerage model appeared first on HousingWire. It was a sunny and extremely humid Thursday morning.

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.

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.

Leading indie brokerage in Massachusetts joins Compass

Inman

The Randall Family of Companies, which includes four residential and commercial real estate brokerages, has moved to Compass. Brokerage compass Doug Randall independent broker Jeffery Heighton Kinlin Grover mergers and acquisitions

Century 21 Announces Major Indiana Brokerage Partnership

RIS Media

a leading brokerage in Carmel, Indiana. The post Century 21 Announces Major Indiana Brokerage Partnership appeared first on RISMedia. Industry News News Spotlights CENTURY 21 Real Estate Brokerage real estate newsCentury 21 Real Estate LLC announced that its fifth largest U.S.

The Real Brokerage comes to Canada

REM Online

The original post can be found at the following URL: The Real Brokerage comes to Canada. The Real Brokerage, an international, technology-powered real estate company, has launched in Canada with the venture opening in Alberta under Real Broker AB.

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. .

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.

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.

Brokerage uses VR to get consumers inside houses that haven’t been built yet

Housing Wire

based brokerage, announced last week the launch of its custom real estate listing system, PROJETO. The post Brokerage uses VR to get consumers inside houses that haven’t been built yet appeared first on HousingWire. Urban District Realty , a Washington, D.C.-based

Brokerages: Why You Should Consider Marketing Workshops

RIS Media

Brokerages interested in increasing their activity while lowering their costs can benefit from marketing workshops. In real estate, there are free marketing workshops with useful diagnostics for brokerages.

Survey: The Right Brokerage Could Triple Your Income

McKissock

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. Here’s what we know about how your brokerage can impact your bottom line. That depends on the brokerage.

Virtual brokerage Real sees significant revenue growth in Q2

Inman

Brokerage Markets & Economy Select Technology earnings earnings report eXp Realty nasdaq real tamir poleg toronto virtual brokerageThe company also saw its agent count grow to 2,451, up 126 percent year over year, according to earnings figures released Tuesday.

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

3 superpowers indie brokerages have in 2020

Inman

After merging with a national brokerage, Andrew Fortune realized there were things about the boutique lifestyle that he’d never find in a national brand. Here are the three major benefits of indie brokerages.

Brokerage Benchmarking: Interesting Productivity Figures

Real Trends

Insights from REAL Trends brokerage performance benchmark report. Brokerage Benchmark report REAL Trends Newsletter Trends