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Now is a great time for brokerage acquisitions: RealTrends Consulting

Housing Wire

In fact, the sweet spot for acquisitions over the next couple of years is going to be the small one-office brokerage firms.” With the headwinds facing the real estate industry, Wright and Murray believe smaller brokerage firms will be looking for a place to land, making acquisitions a possibility for even one-office, 25 agent firms.

Brokerage 353
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NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Housing Wire

Yun took the stage on Tuesday at NAR NXT , the trade group’s annual conference in Anaheim, California. However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said. In 2023, new-home sales are up 5% year to date, Yun said. Consumers are happy with real estate service.

Sales 450
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Mortgage rates — not commission lawsuits — will be the story in 2024 for publicly traded brokerages

Housing Wire

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. At this stage there is obviously a wide range of potential outcomes of how the lawsuit storyline could unfold next year. Morgan , said.

Brokerage 416
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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. Another consequence could be the emergence of real estate agents creating their brokerages and forming joint ventures with lenders, he said.

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Wendy Forsythe joins eXp Realty as chief marketing officer

Housing Wire

Real estate brokerage eXp Realty has added industry veteran Wendy Forsythe to its leadership team. Her visionary approach will be crucial in elevating eXp Realty’s presence and impact on the world stage,” Leo Pareja , the newly CEO of eXp Realty, said in a statement. 3 spot in the rankings.

Marketing 307
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TRB Guest Blog: “Alternative Brokerage Models: Are We Trying to Solve a Problem That Doesn’t Exist?”

Toronto Realty Blog

Chris had the idea to talk about “discount brokerages,” and I thought it was great. Alternative Brokerage Models: Are We Trying to Solve a Problem That Doesn’t Exist? This was an amalgamation of a handful of essentially “sale by owner” companies across the country backed by venture capital firm DN Capital.

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Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury

Housing Wire

The suit’s class includes 265,297 home sale transactions that occurred during the relevant time period. I reported the numbers and walked off the stage.” Ketchmark also brought up Keller’s book “The Millionaire Real Estate Agent,” which discusses the ‘co-opetition’ model that has evolved among rival brokerages.

Brokerage 414