Housing Wire

FEBRUARY 20, 2025

The brokerage has acquired Washington Fine Properties (WFP), a luxury real estate brokerage located in the Washington, D.C., WFP has 150 agents and has executed $43 billion in sales volume over the past 25 years. At the end of 2023, the number of principal agents at the brokerage stood at 14,683. metropolitan area.

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Brokerage Principal Staging Branding 351

Housing Wire

NOVEMBER 1, 2024

So, let’s start with the basics: What is a real estate broker vs. an agent? To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do?

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

MARCH 18, 2025

It offered an innovative take on the agent compensation model and got a headstart on Zillow in the portal wars. They still have to bear the cost of those agents, despite production not being there in a terrible housing market.” Since the first quarter of 2021, Redfins agent count has fallen by 22.5%. It shows in the data.

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Brokerage Agents Mortgages Staging 418

Housing Wire

AUGUST 28, 2020

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. 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.

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Brokerage Staging Banks Agents 538

Housing Wire

FEBRUARY 14, 2025

In May 2022, REX ceased its brokerage operations. But he allowed the discount brokerages false advertising claim under the Lanham Act , along with a claim for unfair or deceptive trade practices under the state of Washingtons Consumer Protection Act, to stand. Roughly six weeks later, REX filed its motion for a new trial.

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Staging MLS Brokerage Design 312

Housing Wire

NOVEMBER 7, 2024

Dwiggins: Tell us a little bit about the acquisition of Virtual Staging AI and the strategy for that. Wacksman: It’s a great young company that has innovated a way to do virtual staging. Agents have hard jobs and they’re really busy with what they’re doing. This gives good sales agents room to prove themselves.

Technology 370

Technology Staging Agents Brokerage 370

Housing Wire

JULY 24, 2024

Real estate companies are using artificial intelligence (AI) to improve agent productivity, which they believe will be even more necessary due to changes to their commission structure — mainly on the buyer’s side. In June, the company launched a real estate assistantt, KWIQ , that is powered by generative AI.

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Brokerage Agents MLS Staging 468

Housing Wire

FEBRUARY 4, 2025

The race is on for brokerages to capture clients in an incredibly difficult housing market, and Compass believes a new technology offering will give it an advantage. The brokerage on Monday launched Compass One, a client-facing portal that provides a guide through the process of both home buying and selling.

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MLS Brokerage Technology Staging 413

Housing Wire

OCTOBER 29, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. And it is a little bit early, but some of the preliminary data I have looked at show that sellers are continuing to pay buyer agent compensation.” It is no secret that many first-time homebuyers are struggling.

Marketing 448

Marketing Agents Closing costs Industrial 448

Housing Wire

APRIL 24, 2024

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 Through this, Saunders said, consumers began to realize the importance of staging, photography and online marketing.

Brokerage 448

Brokerage Staging Agents Technology 448

Housing Wire

OCTOBER 2, 2023

FresYes Realty , one of California ‘s top real estate agent teams, has left the indie ranks to join The Real Brokerage. Jason Farris and his 50-agent team were the top large team in California by sides in 2021, according to the RealTrends 2022 rankings. All of our agents at Real stand to benefit from Jason’s expertise.”

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Brokerage Staging Agents Industrial 459

Housing Wire

DECEMBER 11, 2024

For Haase, these messages act as guideposts as he carries out Uniteds mission, which is to improve the financial trajectory of our agents and brokers careers and lives. A focus on this mission is one of the reasons why Dallas -based United utilizes a flat-fee or transaction-fee model in which agents dont have a commission split.

Brokerage 370

Brokerage Agents Technology Development 370

Housing Wire

NOVEMBER 8, 2024

On Thursday, MLS leaders took center stage at several conference sessions, including discussions of the business practice changes driven by the NAR commission lawsuit settlement and how the role of the MLS — and the MLS-broker relationship — has evolved as a result. “And We have to recognize that people are cranky,” Wilson said.

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MLS Staging Technology Agents 418

Housing Wire

JUNE 5, 2024

real estate brokerage Compass announced Wednesday that it has hired Hal Bennett, a high-producing agent based in the Seattle area. Bennett formerly worked with Redfin , where he was recognized by RealTrends among the top-producing agents in the state of Washington in 2023. Bennett ranked No. 17 with $47.7 Bennett ranked No.

Agents 448

Agents Brokerage Staging Technology 448

Housing Wire

OCTOBER 23, 2023

We usually represent the sell side of the deal and work with firms that range in size from small, one-office, 10-agent shops to the largest in the nation. This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more.

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Due diligence Brokerage Staging Agents 448

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.

Agents 466

Agents Marketing Brokerage Technology 466

Housing Wire

APRIL 22, 2024

In fact, the sweet spot for acquisitions over the next couple of years is going to be the small one-office brokerage firms.” With the headwinds facing the real estate industry, Wright and Murray believe smaller brokerage firms will be looking for a place to land, making acquisitions a possibility for even one-office, 25 agent firms.

Brokerage 467

Brokerage Purchase and sale agreement Title Industrial 467

Housing Wire

JANUARY 27, 2025

For example, changing agent commission guidelines and emerging lead contact regulations are keeping professionals up at night. Together, these obstacles are forcing agents and brokerages to hit the sidelines and plan against seemingly insurmountable odds like facing Brady and the Patriots in the Superbowl.

Technology 397

Technology Renovation Agents Industrial 397

Housing Wire

AUGUST 7, 2024

The motions filed by Compass , eXp World Holdings , Redfin , Weichert Realtors and United Real Estate claim that the homebuyer plaintiffs are simply trying “to parrot the allegations they made in an amended complaint,” which was filed in the Batton 1 suit that consists of the same plaintiffs but a different group of brokerage defendants.

Brokerage 448

Brokerage Staging Branding Agents 448

Housing Wire

FEBRUARY 10, 2025

She also claims that the business practices in question favor large, established brokerages over smaller and newer ones, suppressing competition and hindering the ability of independent brokers to compete on a level playing field. It is things like this that she hopes to have come to light in the discovery process.

MLS 335

MLS Staging Brokerage Agents 335

Housing Wire

SEPTEMBER 9, 2024

Roughly a year after launching its new agent payment plan, Redfin has announced that it is expanding Redfin Next to agents nationwide, according to an announcement on Monday. 27, all Redfin agents who enroll in the plan will earn commission splits of up to 75%. Beginning Oct. Louis; and Virginia.

Agents 459

Agents Technology Brokerage Staging 459

Housing Wire

NOVEMBER 29, 2023

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

Agents 468

Agents Brokerage Technology Staging 468

Housing Wire

DECEMBER 27, 2024

Youve likely heard about real estate teams and how they can impact your career but what exactly are they, and why are so many agents joining or building teams? Our goal is to help educate you on what a real estate team is, how they work and the types of agents who thrive on teams. If youre reading this article, youre not alone.

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Purchase and sale agreement Branding Agents Closing 418

Housing Wire

DECEMBER 26, 2023

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. At this stage there is obviously a wide range of potential outcomes of how the lawsuit storyline could unfold next year. An outcome like this would put additional pressure on a firm’s margins.

Brokerage 476

Brokerage Mortgages Agents Industrial 476

Housing Wire

AUGUST 1, 2024

Under the terms of the settlement, agents will no longer be allowed to share their seller’s offers of buyer broker compensation on an MLS. Training on forms has been a central focus of brokerages across the country. And the agents are scared,” Lamacchia said. Like the athletes in Paris, Realtors and brokers across the U.S.

Agents 448

Agents Brokerage Principal Industrial 448

Housing Wire

SEPTEMBER 12, 2024

In fact, Charlotte’s continued growth and relatively limited inventory have intensified the race to secure listings and represent buyers, putting a spotlight on top-performing agents with the ability to deliver results to buyers and sellers alike. In this type of environment, the cream rises to the top. million in annual sales.

Agents 448

Agents Residential Staging Brokerage 448

Housing Wire

AUGUST 22, 2024

The largest brokerage in the country by sales volume is working to further solidify its presence in middle Tennessee. As I embark on the next stage of my career, it’s more important than ever to surround myself with people who want to help drive positive change for real estate professionals and consumers,” Hammond said in a statement.

Agents 448

Agents Brokerage Staging Sales 448

Housing Wire

MARCH 24, 2025

Lets take a look at the six necessary factors I coach agents to consider before speaking to their clients about a price reduction. Inside, staging can make a huge difference. Related articles The ultimate open house checklist for new & experienced agents 23 creative open house ideas to drive foot traffic, get leads and sell fast 4.

Staging 363

Staging Sales Agents Marketing 363

Housing Wire

JANUARY 25, 2024

The data are sobering: The Agent Movement Index , the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. The number of agents switching brokerages is ticking upward and markets are stabilizing across the country. If you want to learn how to recruit agents, now is the time.

Agents 448

Agents Brokerage Branding As-is 448

Housing Wire

AUGUST 28, 2024

In short order, she started her own brokerage — Gold Group Realty — that pulled her family out of poverty and into success. But there was no anxiety inside the Kay Bailey Hutchison Convention Center, the cavernous venue hosting the summit that feels almost cramped due to the hundreds of real estate agents at the event. So I love that.”

Agents 459

Agents Brokerage Staging As-is 459

Housing Wire

JANUARY 19, 2021

I saw a social media post recently by our local ‘mega-agent’ entitled: “Breaking News: Individual Real Estate agents added to Endangered Professions List!”. This post compares the individual real estate agent to “a tennis player using a wooden racket” or “a football player with a leather helmet.” The individual agent.

Agents 476

Agents Staging Sales Branding 476

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Industrial 514

Industrial Seller concession Purchase and sale agreement Agents 514

Housing Wire

FEBRUARY 29, 2024

Real estate agents gathered at the Palladium Theater in New York City’s Times Square on Thursday to learn networking and lead generation strategies from some of the nation’s top luxury real estate agents at the Goldbar Live conference. told attendees from the Palladium stage. For some people, it is at temple or at church.

Agents 468

Agents Marketing Staging Brokerage 468

Housing Wire

JANUARY 31, 2025

To save you some time, here are Vetted by HousingWires top six real estate schools in Colorado: SCHOOL BEST FOR DELIVERY COST The CE Shop A real estate school you can stick to through all stages of your career, as they offer courses from pre-licensing through manager broker licensing. I started my career as a buyers agent on a RE/MAX team.

Pre-approval 338

Pre-approval Brokerage Due diligence As-is 338

Housing Wire

APRIL 22, 2024

Just hours after announcing his firm’s acquisition of 3D scanning firm Matterport , CoStar Group CEO Andy Florance took to the stage in Scottsdale, Arizona, at HousingWire ’s annual conference, The Gathering , to discuss the news. In turn, this will allow agents to provide even more value to their clients. Brands matter.”

Branding 445

Branding Brokerage Staging Residential 445

Housing Wire

JANUARY 21, 2025

After 29 years and thousands of listing presentations, I have found that sellers, more than ever, want an agent who has solid negotiation chops and who is willing to use them on their behalf. If you want a positive outcome, its your responsibility to manage not only your emotions but the emotions of the other agent and your client.

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Staging Inspection Closing Agents 370

Housing Wire

MAY 29, 2024

In 2020, real estate industry veteran Rainy Hake Austin took her decades of experience to The Agency , where she currently serves as president of the Beverly Hills, California-based brokerage firm. So, as a leader, I am really trying to keep our agents energized and focused. This interview has been edited for brevity and clarity.

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Agents Industrial Brokerage As-is 444