Housing Wire

MARCH 29, 2024

Co-founded by Sean Soderstrom, Dan Breitbach and Joe Urciuoli, the proptech company sells an AI-powered software platform to help real estate brokerages with their recruiting efforts. Courted identified three main problems with how brokerages have historically recruited agents. over the past year.

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Housing Wire

MAY 17, 2024

Redfin is expanding its Redfin Next agent payment plan into 25 new markets starting in August 2024. 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. Louis; and Virginia.

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Housing Wire

AUGUST 29, 2023

Recruitment is a crucial determinant of growth and success for real estate brokerages. Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage.

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Housing Wire

JANUARY 25, 2024

If you’re a new broker or team leader you might not realize just how competitive recruiting was in 2023. The data are sobering: The Agent Movement Index , the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. Thankfully, 2024 is shaping up to be a much better year for recruiters.

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Housing Wire

OCTOBER 17, 2023

Agents are moving between brokerages at a much slower pace than the post-pandemic peak seen in the summer of 2021, according to Relitix’s Agent Movement Index. The index shows the relative degree of movement between brokerages by experienced agents and is indexed to the level of mobility in January 2016.

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Housing Wire

DECEMBER 20, 2023

After a multi-year decline in agent movement between brokerages , Relitix’s Agent Movement Index suggests that this trend may be reversing. The index shows that, measured on a trailing 12-month basis, the amount of agent recruitment bottomed out in October of 2023 and has begun to increase.

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Housing Wire

MAY 2, 2024

Real estate agents appear to be more open to changing brokerages in 2024 compared to last year, according to a recent Coldwell Banker survey. The report found that 61% of agents plan to stick with their current company this year, down from 75% of agents in 2023.

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GeekEstate Agents & Brokers

DECEMBER 12, 2022

This environment can trigger a number of thoughts about how agents need to position themselves for success in a slower market. While the market might be slower for your agents, we believe that recruiting is a huge opportunity for you right now. In the last 9 months in Miami, 21% of agents switched brokerages.

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Coldwell Banker

APRIL 4, 2023

2023 Agent Priority Report reveals sentiments and expectations driving the state of agent satisfaction in 2023 The post Good Luck Recruiting: Fewer Real Estate Agents Say They’re Willing to Change Brands appeared first on Coldwell Banker Blue Matter.

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Housing Wire

APRIL 26, 2024

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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Housing Wire

JANUARY 10, 2024

Most agents seldom sell homes, according to a new study published by the Consumer Federation of America last week. The study, CFA’s third of three on this topic, suggests that a significant portion of agents in the U.S. sell at most five homes in a year. On this, NAR has previously reached the same conclusion.

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Housing Wire

MAY 2, 2024

The surge in revenue was buoyed by improved agent productivity, a rise in average home sales prices and increased international production. “We Agent count at eXp kept declining in Q1 2024. The company revealed that it had 85,780 agents on its platform at the end of March, 2% less than one year ago.

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Housing Wire

MAY 2, 2024

But that policy did not impact agents who joined before April 1, 2020. But in August 2023 , during KW’s Mega Agent Camp event in Austin, the company’s International Associate Leadership Council (IALC) voted to revise the profit-sharing distribution policy. McFarlane was associated with Keller Williams from 2004 to 2018.

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Housing Wire

JULY 27, 2023

Building a robust team of real estate agents isn’t just about attracting talent —it’s about appealing to the right talent. One of the most effective strategies for this is leveraging your own team’s success stories to generate inbound recruiting leads. Inbound recruiting done well can be a game-changer.

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Housing Wire

NOVEMBER 29, 2023

However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

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Agent Drive

JANUARY 18, 2021

Starting and growing a successful real estate business is a dream for many businesspeople and investors in the industry. With the business bringing in more money, an immense workload occurs, which usually leads to a dilemma for most Realtors: Do I work 60 hours a week, or do I recruit agents and delegate tasks to […].

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Housing Wire

FEBRUARY 26, 2024

Real estate platform Livian has recently acquired four additional teams to bolster its roster to a total of 61 teams. Livian now has teams in 27 states, amounting to more than 475 agents nationwide. The four most recent recruits to the company are Livian The Houk Group , led by Tim Houk; Livian Estates , led by J.

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Agent Drive

FEBRUARY 15, 2021

When it comes to real estate recruitment, it’s easy to feel as if you’ve already run out of creative ideas. The industry is more competitive than ever, which means both recruiters and brokerages need to step up their game. You can go here if you think you need some inspiration to convince the cream of […].

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Housing Wire

SEPTEMBER 7, 2023

Fast-growing firm The Real Brokerage is making it easier for their agents to take advantage of the company’s revenue share program. ” Under the current model, agents must successfully attain 10 referrals before hitting the second tier. “Just think about that number — I know that is very valuable for all of you.

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Housing Wire

MAY 2, 2024

Things just keep getting better, according to real estate brokers surveyed for the Q2 2024 HousingWire BrokerPulse survey , with 54% who are “optimistic” about the next three months in residential brokerage, compared to some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey who felt the same.

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Housing Wire

AUGUST 9, 2023

The advent of artificial intelligence (AI) has been sending shockwaves across nearly every industry, and real estate is no exception. This piece will explore some of the key domains where AI is having the greatest impact for real estate agents, brokers and the innovative companies leading the charge.

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Agents Brokerage Technology Industrial 367

Housing Wire

APRIL 1, 2024

A new class-action lawsuit was filed by a former agent against real estate brokerage Keller Williams (KW), contesting alterations made to the company’s profit-sharing program. Earlier in March, four agents formerly affiliated with Keller Williams — Jerri L. Moulder, David L. Bueker, Robert E.

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Housing Wire

SEPTEMBER 21, 2023

Recruiting and keeping the best talent is critical in today’s real estate market. On a national basis, year-over-year MLS production reports show the average real estate agent’s income is down 28%. Having an edge is imperative in any business, especially real estate.

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Housing Wire

JULY 19, 2023

Courted , which specializes in data science and artificial intelligence for real estate brokerages, has joined Leading Real Estate Companies of the World ‘s Solutions Group program. The program offers preferred business resources to LeadingRE ‘s network of 550 top real estate firms globally.

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Housing Wire

APRIL 22, 2024

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. Anthony Djon, CEO of Anthony Djon Luxury Real Estate , said his company gets 90% of its leads from listing portals Zillow and Realtor.com.

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Housing Wire

FEBRUARY 23, 2024

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. Provide the support and resources needed to help your agents work in these markets.

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Housing Wire

JANUARY 16, 2024

After a multi-year decline in agent movement between brokerages , Relitix ’s Agent Movement Index shows a clear bottoming out in early fall of 2023 and increased real estate agent mobility as we move into 2024. “We Agents will begin moving more between brokerages in 2024 as the market begins to normalize.

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Housing Wire

AUGUST 23, 2023

We caught up with Emily Kettenburg , a seasoned coach with Tom Ferry , at the Tom Ferry Success Summit in Dallas where she shared her insights on the current trends and challenges in the real estate brokerage world. However, the challenge lies in finding agents who can and will produce. The solution? A robust onboarding process.

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Housing Wire

APRIL 22, 2024

In the past few weeks, 12 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza, Jack Levine and John Exnicios — took legal action against the real estate brokerage by filing a host of class-action lawsuits.

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Housing Wire

APRIL 9, 2024

In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, and Penny Alper — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.

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Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. No other brokerage can offer agents a big traditional split and all the benefits, support, technology and customer introductions that we provide here at Redfin.

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Housing Wire

APRIL 15, 2024

In the past few weeks, 11 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza and Jack Levine — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.

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Housing Wire

APRIL 25, 2024

Louis Ronayne first joined the brokerage as an agent and later became a team leader, serving at the brokerage from July 2000 to September 2014. Meanwhile, Deborah Ronayne was an agent with Keller Williams from roughly November 2002 to September 2014. But that policy did not impact agents who joined before April 1, 2020.

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Housing Wire

APRIL 22, 2024

(Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. Rather than focusing on recruiting one agent at a time, these small acquisitions would be recruiting groups of agents at a time,” Wright said.

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Housing Wire

OCTOBER 27, 2023

The Bandemer Team , led by Corinna and Brooke Bandemer, BaseCamp Homes , led by Jon Mottern, Ivy House Group , led by Alexis Shoop and Benjamin Babbitt, and The Sundberg Group , led by Rian Sundberg, are the four latest recruits of the brokerage. Prior to joining Compass, Ivy House Group was with Your Castle Real Estate.

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Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Carlson cited RealTrends Verified data to illustrate how productive RE/MAX agents are. to 143,287 agents.

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Housing Wire

AUGUST 1, 2023

When the Federal Reserve slashed interest rates to zero on March 15, 2020 and set off an extraordinary real estate boom, Rocket Mortgage was ready. The lender made focused efforts to target the purchase market in 2021 and set up dedicated teams to cultivate relationships with real estate agents.

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