Housing Wire

FEBRUARY 1, 2025

According to HomeLight ‘s Top Agent Insights report released this week, real estate agents are feeling this and are being forced to switch up tactics to attract buyers. Agents reported that 27% of first-timer buyers requested mortgage rate buydowns from sellers. 30 and Nov.

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Purchase and sale agreement Mortgages Agents Brokerage 482

Housing Wire

JANUARY 27, 2025

The duo explore the current state of mergers and acquisitions, team-based brokerage models, commission compression, and growth opportunities for agents and brokers. What we’ve seen mainly is the activity is now at the local level between local brokerage companies. Why can teams make it work so much better than a brokerage?

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Housing Wire

NOVEMBER 4, 2024

The arrangement known as cooperative compensation allows sellers to choose to offset the cost of buyers’ agents. By making an offer of compensation, sellers communicate to buyers, as a marketing tactic, that their transaction costs may be reduced. In a bidding war, cash buyers and investors will win, and first-time buyers will lose.

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Debt-to-income ratio Agents VA loan MLS 321

Housing Wire

APRIL 8, 2025

While many brokerage leaders experiment with reimagined commission models and marginal tweaks, The Real Brokerage is playing a different game altogether. Only three years ago, The Real Brokerage was ranked for the first time on the RealTrends Verified Brokerage Rankings. Were going deep into pure tech innovation.

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Housing Wire

MARCH 18, 2025

At the same time, agent counts at other publicly traded companies have exploded, with The Real Brokerage (+1,173%), Fathom Realty (+136.6%), Compass (+78.8%) and eXp Realty (+64.9%) leading the way. This dynamic makes many consumers willing to pay for a full-service brokerage, if for no other reason than to reduce their anxiety.

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Housing Wire

APRIL 16, 2025

The new office, located in Newport Beach, California, includes 11 agents who joined from other brokerages , and it will be led by Christi Carrillo. Carrillo, who most recently worked at a Newport Beach boutique brokerage, said she views the expansion as an opportunity to tap a broader network of referrals.

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Housing Wire

OCTOBER 15, 2024

This is especially true when various MLSs, brokerages and agents are taking their own approaches to dealing with the business practice changes. As Sharran Srivatsaa , the president of The Real Brokerage , sees it, there are two primary agent camps right now. Would sellers suddenly stop offering buyer’s agent compensation?

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Brokerage Agents Industrial As-is 448

Housing Wire

MARCH 21, 2025

Alabama governor Kay Ivey has signed into law a bill that ensures homebuyers only have to sign a buyer brokerage agreement prior to submitting an offer on a property and not before touring a home with an agent. Ivey signed the bill into law on Tuesday after it passed the state Senate earlier this month.

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Housing Wire

MARCH 31, 2025

Haag, in communication with NWMLS employees, said that real estate brokerage firms in Washington state, as members of NWMLS, have agreed to share all property listings with the entire brokerage community and the public for more than 40 years. Northwest MLS has declined to adopt those misguided, exclusionary rules. They dont, he said.

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Housing Wire

OCTOBER 31, 2024

What has changed for real estate brokerages since then? 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. “I’m Listing agents are only advertising their seller’s offer of buyer broker compensation if the seller instructs them to do so.

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Housing Wire

DECEMBER 12, 2024

Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE). Co-owners Gloria Grimshaw and David Callahan acquired the brokerage from founder Lucille Jordan in 2007.

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Brokerage Agents Residential Technology 369

Housing Wire

APRIL 14, 2025

Kelman said Redfin is doing this because it believes that all buyers should be able to see all listings. Kelman notes, however, that this would differ from the coming soon listings idea supported by some brokerages , which would limit access to just agents and potentially only to the agents in the brokerage the listing belongs to.

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Housing Wire

OCTOBER 17, 2024

In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). JA: With agent commissions poised to drop, a recent study showed that many brokerages would not be profitable at lower rates.

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Industrial Brokerage Branding Agents 459

Housing Wire

APRIL 4, 2025

However, a growing number of brokerages now use office exclusives as a core business strategy, aiming to generate interest before transitioning a listing to the public MLS, the report states. In March, Compass began giving agents at all brokerages access to Coming Soon, which houses its exclusive listings.

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Housing Wire

NOVEMBER 20, 2024

As real estate agents adjust to sweeping changes brought by the commission lawsuit settlement, a new report from discount brokerage Clever Real Estate reveals one thing hasn’t shifted: Americans still overwhelmingly trust full-service agents to sell their homes. million members in 2025, at 8% smaller decline than many had expected.

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Agents Brokerage Sales Staging 476

Housing Wire

NOVEMBER 1, 2024

Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions. Let’s dive in!

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Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

OCTOBER 15, 2024

On Friday, the brokerage notified the court that it was voluntarily dismissing Wasatch Front Regional MLS , which does business as UtahRealEstate.com , from the suit. As a flat-fee brokerage, Homie charged sellers a flat fee to list their property on the MLS. Homie Technologies’ bombshell antitrust lawsuit has one fewer defendant.

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MLS Brokerage Technology Agents 434

Housing Wire

SEPTEMBER 27, 2024

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. Although this news is positive for agents and brokerages that need the revenue to support their already tight margins, they appear to be anticipating a shift to slightly lower commissions.

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Agents Brokerage As-is Mortgages 511

Housing Wire

OCTOBER 28, 2024

It was based on the premise that buyer brokers were using commission rates posted on the [ multiple listing service ] to steer buyers to properties that provided higher levels of compensation. … The settlement makes sense — but only on paper. Monestier’s objection also looks at the required buyer representation agreements.

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Housing Wire

NOVEMBER 11, 2024

It lets buyers see all of their options,“ Samuelson said. “If But the cool response Reffkin received during the panel would suggest fewer agents than his brokerage believes are actually supportive of changing the policy. I think when we talk about consumers, we often talk a lot about buyers and not enough about sellers.

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MLS Brokerage Days on market Agents 370

Housing Wire

OCTOBER 29, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers. It is no secret that many first-time homebuyers are struggling.

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Marketing Agents Closing costs Industrial 448

Housing Wire

FEBRUARY 17, 2025

. “The acquisition of Private Collection accelerates Final Offers market share of enterprise brokerage customers seeking to provide their agents with a tool to share off-market listings within their brokerage as well as their clients and prospective clients,” Final Offer said in a prepared statement.

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Marketing Brokerage MLS Agents 397

Housing Wire

DECEMBER 11, 2024

According to a company statement, this move will strengthen the brokerage’s presence in the Carolinas. United President Rick Haase credited United Queen City for driving this expansion with excellent management practices and brokerage growth. For-sale inventory is up 17.1% in the state compared to a year ago.

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Brokerage Agents Sales As-is 369

Housing Wire

APRIL 11, 2025

” Under Zillows new listing standards , announced Thursday, if a listing is publicly marketed to any buyer it must be put in an MLS and be able to be published on Zillow as well as other sites that receive internet data exchange (IDX) feeds. Its literally designed to protect sellers and buyers!

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MLS Brokerage Industrial Development 368

Housing Wire

MARCH 6, 2025

You achieved incredible growth to become one of the largest independent brokerages in Colorado. How do you really see it impacting brokerages and agents now and over the next five years? I’d like to have more of a conciergelevel of service over a full-service brokerage.” Velt: You founded Your Castle in 2004.

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Brokerage Agents As-is Industrial 300

Housing Wire

DECEMBER 30, 2024

Some agents attribute stale inventory growth to unreasonable prices that repel would-be buyers from pursuing certain listings. Simply put, some renters are choosing to avoid rising homeownership costs, moving expenses and brokerage fees, Redfin explained. There is some hope for potential buyers and sellers if mortgage rates decline.

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Mortgages Brokerage Sales Marketing 488

Housing Wire

NOVEMBER 30, 2024

There’s been multiple studies showing that compensation is starting to decrease — especially on the buyer’s agent side. We don’t know if agents are signing buyer representation agreements before they show property. The lack of training and guidance by brokerages is horrible.

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MLS Brokerage Agents Industrial 370

Housing Wire

SEPTEMBER 3, 2024

As it became clear that many real estate professionals are in need of guidance, brokerages and industry leaders have launched a variety of educational resources and training courses for agents and brokers. 17, the firm launched an agent resource webpage known as “Buyer and Seller Agent Tools to Thrive.”

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Brokerage Agents Industrial Branding 468

Housing Wire

OCTOBER 15, 2024

Title valuation , brokerage and consulting services firm Title Success, which is powered by Bowe Digital , announced Monday that it has launched a newly designed website. Buyers looking to expand their agency’s footprint can easily access a vetted network of companies eager to sell.”

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Title Due diligence Design Brokerage 434

Housing Wire

DECEMBER 16, 2024

The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. It created a buyer representation certificate for agents. Hanna said this led the company to revamp some of its agent education.

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Brokerage Agents Technology Industrial 370

Housing Wire

DECEMBER 3, 2024

Once the process starts, nearly half of home buyers report shedding tears at some point. Fortunately, home buying doesn’t have to remain confusing for new buyers. Zillow offers a robust monthly cost calculator to help prospective buyers budget for monthly payments. How much home can I afford?

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Finance Technology Loans Brokerage 397

Housing Wire

JUNE 18, 2024

Invariably, these same articles classify all real estate brokerages and models as identical. Perhaps there are internal policies within some of the companies that are standardized, but the categorization of all brokerages as identical showcases the ignorance of the author. That’s a 20% reduction in revenue for the brokerage.

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Brokerage Agents As-is Industrial 459

Housing Wire

AUGUST 15, 2024

The new rules mandated by the National Association of Realtors ‘ (NAR) settlement of class-action lawsuits related to buyer agent commissions take effect in just two days, and brokerages and MLSs are scrambling to find the best ways to implement them.

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Brokerage Agents Industrial As-is 448

Housing Wire

SEPTEMBER 23, 2024

The Real Brokerage has expanded its footprint into the Richmond, Virginia , area. On its second-quarter 2024 earnings call, the brokerage reported adding almost 3,000 agents between April and June, up 70% from the same period last year and up 250% from Q2 2022. Real has been on a tear lately in adding agents.

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Brokerage Agents Finance Technology 448

Housing Wire

AUGUST 2, 2024

But when it comes to the financial performance of their brokerages, industry analysts don’t believe the changes will be the end-all, be-all. “It This will leave the professional, high-performing agents to take care of the buyers who wish to have representation. 17 — are top of mind. Tomasello asked. ”In

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Brokerage Agents Industrial Technology 448

Housing Wire

OCTOBER 31, 2023

A Kansas City jury has found the National Association of Realtors , HomeServices of America and Keller Williams guilty of colluding to inflate or maintain high commission rates through NAR’s Clear Cooperation Rule, in the Sitzer/Burnett buyer broker commission lawsuit. The defendants have been ordered to pay damages of $1.78

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Brokerage As-is Finance 545

Housing Wire

AUGUST 5, 2024

Brokerage stocks were especially mixed. The Real Brokerage and Anywhere fell by 5.2% But of course there’s still a large cohort of buyers (like Boomers and empty-nesters) that buy off cycle.” Rocket Mortgage, which has a huge refinance business, added 3% in value. loanDepot rose 2.3% RE/MAX shed 4.7% gain) and Compass (0.6%

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Brokerage Marketing Mortgages Technology 488