Remove real-estate-team-structure
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Agents might be more tempted to switch brokerages in 2024

Housing Wire

Real estate agents appear to be more open to changing brokerages in 2024 compared to last year, according to a recent Coldwell Banker survey. Compared to 2023, more agents showed more interest in a brand’s expertise in luxury real estate as well as the brand’s strong global presence.

Brokerage 412
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Redfin’s agent payment plan expands to 25 new markets

Housing Wire

Agents on the Redfin Next payment plan are W-2 employees who receive benefits, including health care, 401(k) matches, mileage, dues, technology tools and team support. In December , the Glenn Kelman -helmed firm announced that it was expanding the pay structure to its San Diego and Orange County, California, markets.

Agents 310
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eXp, Compass top 2024 RealTrends Verified brokerage rankings for second year

Housing Wire

2023 was a consequential year for real estate. Each year, RealTrends Verified identifies the country’s most successful residential real estate brokerages, teams and agents – verifying transaction sides and closed sales volume for top-performing real estate brokerages — to give you the full picture of real estate performance.

Brokerage 417
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Anywhere Real Estate appoints new board member

Housing Wire

Anywhere Real Estate named Joseph Z. We are thankful for the continued support of TPG Angelo Gordon, and we look forward to working with Joe upon his joining the Board as we continue to guide and support the Anywhere leadership team.” Lenz to its board of directors, the company announced on Thursday.

Investor 406
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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. Expand your team in a smart way so they’re happy to support each other instead of competing with each other for crumbs.

Brokerage 386
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Significant shifts in real estate team performance: Streamlined

Housing Wire

In five of the six size categories of teams both gross profit margins and net income margins declined from the second quarter 2023 results. real estate teams and individual agents as clients for their accounting and bookkeeping services. Teams with annualized revenue between $800,000 and $1.5 to 40.6%.

Brokerage 386
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Washington state could provide guidance for others on buyer broker agreements

Housing Wire

There is no doubt that the cooperative compensation structure changes outlined in the National Association of Realtors’ commission lawsuits settlement agreement will generate massive changes in the real estate industry, but those are not the only changes mandated by the terms of the agreement.

MLS 475