Housing Wire

OCTOBER 25, 2023

Long known for its salaried compensation for agents, Redfin is trying a new pay model in two of the nation’s largest housing markets to help boost its market share. According to Redfin CEO Glenn Kelman , the other aim of this change is to create million-dollar agents. “We

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Housing Wire

OCTOBER 3, 2023

Through the partnership with agents at Keller Williams GLG, mortgage professionals at Onward Home Mortgage and Newrez will target borrowers in the Southeast United States. New r ez has launched Onward Home Mortgage , a joint venture mortgage company in partnership with Keller Williams Georgia Legacy Group (GLCG).

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Mortgages Loan Officer Brokerage Residential 394

Housing Wire

NOVEMBER 8, 2023

The Missouri judge who oversaw the landmark Sitzer/Burnett real estate commission lawsuit will also preside over the Gibson lawsuit brought by Michael Ketchmark, who represented the plaintiffs in Sitzer/Burnett. We’re extremely focused on making sure any change that comes from this is real change.” Accepted by the court on Oct.

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Housing Wire

DECEMBER 16, 2021

On Tuesday, according to multiple sources within the New York-headquartered mortgage lender and “power buyer,” a weekly video meeting of Knock loan officers took a turn when Robert Foos, Knock’s director of sales, told loan officers that they would receive a 33% reduction in salaries effective Jan.

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Housing Wire

AUGUST 4, 2023

Redfin was in the red yet again in the second quarter , but its losses are narrowing and it’s tweaking its unique brokerage model to court more experienced agents in pricey coastal areas. The brokerage and portal’s real estate services division, its principle source of revenue, dropped to $180.6 million, down from $606.9

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Housing Wire

AUGUST 31, 2023

Adam Wiener, Redfin ’s president of real estate services, is leaving the brokerage after nearly 16 years of service, CEO Glenn Kelman announced in an email sent to employees on Tuesday. During his tenure, Wiener first served as a product manager for agent tools. Finally, he was in charge of Redfin real estate services revenue.

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Brokerage Agents Closing Mortgages 380

Housing Wire

NOVEMBER 13, 2023

Ready to begin a flexible, fulfilling career in real estate in the Sunshine state? We’ll help you find the best real estate schools in Florida to complete the required 63 hours of study. We’ve thoroughly researched countless online real estate schools in Florida. out of 5. out of 5. out of 5.

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Purchase and sale agreement MLS Pre-approval Agents 405

Housing Wire

FEBRUARY 10, 2022

The digital lender generated so much money through mortgage refinancing that it bankrolled a formidable real estate division. And Wallace, a former Sotheby’s agent and Opendoor manager, was charged with ensuring the division blossomed. Better has recruited hundreds of agents and expanded into 30 states, Wallace said.

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Brokerage Agents Sales Mortgages 363

Housing Wire

AUGUST 19, 2021

Christian Wallace, Head of Real Estate Services at Better.com. Better.com , a digital mortgage lender that is set to go public later this year, unveiled Thursday another expansion of its in-house real estate group , one that has a unique business model in the world of brokerage. Become a member today. Already a member?

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Brokerage Branding Agents Mortgages 380

Housing Wire

AUGUST 28, 2020

billion in VC funding, is looking to bring aboard real estate agents in Phoenix, Arizona, to support its “Home Reserve” iBuying platform, according to Inman , which spotted a jobs posting Friday morning. The firm is testing two different models with agents in Phoenix, the spokesperson said.

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Brokerage Staging Agents Banks 534

Housing Wire

JANUARY 2, 2024

From Bethesda and Towson to Havre de Grace and Silver Spring, it’s now easier than ever to complete the required 60 hours of real estate prelicensing classes from the comfort of your own home in Maryland. The CE Shop Best real estate school in Maryland for a flexible schedule Overall Rating: 4.8 out of 5 stars Rating: 4.5

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Housing Wire

OCTOBER 6, 2020

Real estate technology company Compass announced on Monday that it has signed a definitive agreement to acquire title and escrow software startup, Modus. Modus , based in Seattle, will merge its 60-plus person team with Compass’s end-to-end real estate transaction platform.

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Housing Wire

FEBRUARY 12, 2024

If you’re returning to the classroom to launch a new career, this guide will help you find the best online real estate school and program for your learning style, budget, schedule, and career goals. The CE Shop regularly updates course content and every topic covered is based on commonly faced, real-life scenarios.

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Pre-qualification Agents Industrial As-is 390

Housing Wire

JANUARY 2, 2024

Ready to get your real estate license in Pennsylvania? You’ll want to enroll in one of the best Pennsylvania real estate schools to gain the skills and knowledge you’ll need to ace the state exam and succeed in your new career. Vetted by HousingWire | Our editors independently review the products we recommend.

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Housing Wire

APRIL 4, 2022

22, according to the news release.The move allows Redfin agents in 91 markets to begin referring customers to one of 400 local Bay Equity loan officers as of Monday. Loan officers will continue “originating refinance and purchase loans for customers working with Redfin agents as well as customers working with other brokerages.”.

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Closing Mortgages Loan Officer Pre-approval 369

The Close

JULY 25, 2023

Trying to capture hard numbers on an average real estate agent salary is like trying to nail Jell-O to a wall: messy and imprecise. Salaries depend on local markets, brokerage splits, individual effort, and experience. Click here to learn more about brokers’ salaries.

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Agents Brokerage As-is Industrial 87

Housing Wire

JUNE 14, 2022

With mortgage rates now north of 6% and the stock market officially in bear territory, two of America’s most prominent real estate brokerages instituted large-scale layoffs and halted expansion efforts. It also plans to reduce costs by not backfilling roles and by getting out of real estate office leases.

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Marketing Brokerage Mortgages Title 370

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. Offerpad CEO Brian Bair. It’s a zero-sum economy, right?

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Agents Brokerage Title As-is 391

Marco Santarelli

OCTOBER 23, 2023

If you are thinking of becoming a real estate agent in Texas , you might be wondering how much money you can make in this profession. In this blog post, we will look at some of the data and trends that can help you estimate your potential income as a real estate agent in Texas. This is based on 4.2k

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Agents HR Sales As-is 52

Housing Wire

APRIL 17, 2023

NAF is looking for a 50/50 joint venture between the California-headquartered lender for virtually any size real estate brokerage, a larger agent team, a new home builder and a wholly-owned mortgage business. With various services plus capital in place, a joint venture ramps up faster than a traditional mortgage company.

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Brokerage Banks Loan Officer Mortgages 328

Housing Wire

JANUARY 14, 2022

HomeSmart is a growing real estate brokerage that may go public, but the company faces questions about its business model and the compensation of founder and CEO Matt Widdows. HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate.

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Brokerage Loan Officer Banks Agents 405

Housing Wire

AUGUST 5, 2020

The number of agents and brokers on the eXp Realty platform increased 54% to 31,091 at the end of Q2, compared to 20,162 a year earlier, the company said. eXp said it expects to continue to add agents, saying its cloud-based remote model is appealing to agents and independent brokerages, especially during the COVID-19 pandemic.

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Housing Wire

JUNE 10, 2021

REX grabbed national attention in March when the residential real estate brokerage filed a lawsuit alleging an antitrust conspiracy between listings giant Zillow and the powerful National Association of Realtors. As a result, there is now an “agent listings” and “other listings” tab on Zillow’s website.

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Purchase and sale agreement MLS Brokerage Residential 369

Housing Wire

DECEMBER 26, 2023

You’ll need to complete 75 hours of prelicensing classes to get licensed as a real estate agent in North Carolina. We’ve done the research for you, evaluating the many courses available to pinpoint the best real estate schools in North Carolina to help you pass the state exam and set you up for early career success.

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HR Staging Design Agents 383

Housing Wire

APRIL 19, 2022

Sources familiar with the layoffs said it would be “significant” and felt across the company’s divisions, including at Better Real Estate , a brokerage-like venture the company launched last year to get closer to purchase buyers who had not hired an agent.

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Brokerage Mortgages Agents As-is 380

Housing Wire

DECEMBER 27, 2021

Some 15 years ago, real estate agents had only a few choices when deciding which real estate business model to choose. From virtual, capped models to low-fee and discount, agents can pick the company that best fits their needs. This will drive the real estate brokerage of the future.

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Brokerage Finance Short sale Agents 366

Housing Wire

FEBRUARY 14, 2022

“And in 2017, I decided to go on full-time as a lead agent.”. Alipour gushed about Redfin’s training program, and she accessed maternity leave benefits other agents lack. But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees.

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Brokerage Agents Industrial Sales 368

Housing Wire

JANUARY 13, 2022

When Missouri federal judge Stephen Bough unsealed a sworn declaration last week from Coldwell Banker CEO Ryan Gorman in a sprawling antitrust lawsuit about real estate commissions, it prompted disquiet among real estate agents, including those who work at Gorman’s company. “My Filed with the court on Nov.

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Brokerage Agents MLS Industrial 344

Housing Wire

JANUARY 29, 2024

Ready to launch your real estate career in Utah? You’ll need to complete a 120-hour approved course and sit the state licensing exam to become a real estate agent in Utah. Choosing right school and program will help you ace the Utah real estate exam and provide the foundation for success in your new career.

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Housing Wire

NOVEMBER 16, 2023

real estate teams and individual agents as clients for their accounting and bookkeeping services. The latest financial insights for the residential real estate teams and agents present a picture of resilience and strategic adaptability, even in the face of shifting economic landscapes.

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Realty Biz

OCTOBER 10, 2023

Real estate development offers a wide range of career opportunities. Advanced career options include becoming a real estate broker , consultant, investor, or holding executive positions. The job market in real estate is promising, with competitive salary ranges across different locations.

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Development Pre-qualification Industrial Investor 89

Housing Wire

NOVEMBER 30, 2023

If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers. When you buy through our links, we may earn a commission. out of 5.

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Housing Wire

JULY 20, 2023

Real estate teams of all sizes continue to perform, according the Streamlined Quarterly Team Benchmarking Report, which looked at the financial performance of more than 200 teams across the nation. real estate teams and individual agents as clients for their accounting and bookkeeping services.

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Brokerage Agents As-is Technology 280

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

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Agents Sales Finance As-is 423

Housing Wire

OCTOBER 26, 2023

He testified that, in most cases, homebuyers would be unable to include buyer agent commission costs into their financing. to countries like Australia and the United Kingdom, which have very different real estate systems, Swanepoel said. He also noted that there’s no evidence of individual agents conspiring.

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MLS Agents Finance As-is 382

Marco Santarelli

OCTOBER 23, 2023

If you are thinking of becoming a real estate agent in California, you might be wondering how much money you can make in this profession. In this blog post, we will explore some of these factors and give you an overview of the average salary of a real estate agent in California.

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Agents As-is Marketing Sales 52

Housing Wire

SEPTEMBER 20, 2021

Rookies that pursued a career as mortgage loan originators in 2020 air dropped into a scintillating real estate market. There was easy money to be made – r efi opportunities were bountiful , lenders hired tens of thousands of workers to meet capacity, and even showered underwriters with five-figure bonuses on top of $150,000 salaries.

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