article thumbnail

Side’s Hilary Saunders discusses the evolution of brokerage models

Housing Wire

Photo credit: AJ Canaria Hilary Saunders , the co-founder and chief broker officer at Side , sees the current challenges facing the real estate industry as yet another opportunity for brokerage models to further evolve. “I The brokerage models have to adapt,” Saunders said.

Brokerage 421
article thumbnail

Now is a great time for brokerage acquisitions: RealTrends Consulting

Housing Wire

(Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. In fact, the sweet spot for acquisitions over the next couple of years is going to be the small one-office brokerage firms.” My advice is to start simple. Murray said.

Brokerage 432
Insiders

Sign Up for our Newsletter

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

article thumbnail

Top California indie team FresYes joins The Real Brokerage

Housing Wire

FresYes Realty , one of California ‘s top real estate agent teams, has left the indie ranks to join The Real Brokerage. Farris, a Tom Ferry Team Coach , is also bringing his weekly FresYes Insider newsletter to the virtual brokerage. Founded in 2014, The Real Brokerage serves 49 states, D.C., million in volume.

Brokerage 432
article thumbnail

‘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.

article thumbnail

Thinking of selling your real estate brokerage? Here’s how to prepare

Housing Wire

Over the course of our 40+ years at RealTrends Consulting we’ve brokered and/or advised on over 900 transactions in the residential real estate industry. This data becomes important at various stages of a transaction, and when it’s time to produce it, the process is radically easier if it is clean and organized.

article thumbnail

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. But in 2024, industry analysts believe mortgage rates will be the primary focus for many firms. “I

Brokerage 450
article thumbnail

Industry reacts to Redfin-NAR split: ‘It’s a crack in the wall’

Housing Wire

Redfin put the real estate industry on notice Monday morning, announcing that it will require agents to cancel their National Association of Realtors membership where possible. So far, Rath said the response from the industry to Redfin’s choice has been respectful. “I There is a lot of unwinding to do there.”