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Opinion: How real estate brokers can overcome the profitability problem

Housing Wire

Navigating challenges in real estate brokerage requires a deep understanding of the industry. Recently, I had a conversation in which I put on my broker hat, discussed common hurdles faced by brokerages today, and explored potential solutions. Chris Heller is president of Movoto.

Brokerage 431
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7 ways to avoid being a ‘broke’ real estate broker

Housing Wire

For many real estate agents, a logical step on their path of professional development is becoming a real estate broker, then working as either a managing broker or a broker-owner. Start a real estate school or use your professional expertise to develop your own real estate investment portfolio.

Brokerage 408
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Here’s how real estate brokers can aggressively attack operating costs

Housing Wire

Broker/owners have been on quite a ride over the last few years. With the residential real estate pendulum swinging from blissful exuberance in the second half of 2020 to extreme consternation for many today, brokers have had to pivot like never before. The good brokers also aren’t Pollyannas. Retain and develop.

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Real estate brokers focus on value amid commission lawsuit unease

Housing Wire

Regardless of the outcome, real estate brokers are doing all they can to prepare their brokerages and their agents for more transparency, education on the value real estate agents bring to the transaction, and more, according to the 2023 Q4 BrokerPulse survey , a forward-looking housing market sentiment survey by HousingWire.

Brokerage 420
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Texas commission lawsuit names real estate teams and individual broker as defendants

Housing Wire

While the lawsuit does name large corporate brokerage firms as defendants, including Keller Williams , Side , HomeServices of America , and Fathom Realty , the robust defendant list also includes real estate teams, such as The Loken Group and Hexagon Group , as well as an individual broker, Mark Anthony Dimas.

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Q4 BrokerPulse: Commission lawsuits spur proactive changes for real estate brokers

Housing Wire

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Only 1% of respondents say they are restructuring their compensation model.

Brokerage 430
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The best real estate podcasts for agents and brokers in 2024

Housing Wire

While there is plenty of noise out there, we dug for podcast gold to come up with a list of the best real estate podcasts that are worth your time. We curated a shortlist of the top real estate podcasts that provide useful information for agents at every stage of their careers. Apple Podcasts Spotify 2.

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