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Brokerage Beat: Lyon rebrands to Windermere, Amerivest joins Real. The Sacramento firm will operate under the Windermere name; Amerivest, serving four states, brings 400 agents to Real; Corcoran franchise expands in Bahamas. Real Estate News Staff. November 9, 2024. MLS/Assn.
eXp’s CEO on Clear Cooperation: You can’t take but not give
1 day ago · A prominent voice in the conversation has been Leo Pareja, CEO of eXp Realty, who has also been outspoken on other hot topics, including cooperative compensation and buyer agreements. Real Estate News had an opportunity to speak with Pareja at NAR NXT in Boston and catch up on Clear Cooperation, private listing networks, and revenue share models.
Real estate’s moment of opportunity
October 23, 2024. 4 minutes. Key points: The Opportunity Report is the follow-up to the landmark DANGER Report of a decade ago. Topics covered include Clear Cooperation, agent pay and association membership. Stefan Swanepoel, the report author and a leading voice in the industry, says the opportunities are “designed to inspire transformative ...
The view from California: A 10% jump in home sales next year
Sep 29, 2024 · The forecast for 2025 is 304,400 sales. This year's projected home sale total is well below three years ago, when it posted 444,500 sales. Prices continue their upward climb: With rising home sales, the association believes home prices will keep rising in California. The forecast for 2025 is a 4.6% increase to a median price of $909,400.
New home sales take off; market remains grounded overall
October 24, 2024. New home sales were up 6.3% compared to a year ago, a stark contrast to existing home sales, which have stalled out this fall. Mortgage rates are continuing to climb, however, which could slow momentum across the board. The 30-year fixed-rate mortgage averaged 6.54% this week, marking the fourth consecutive rise in the key rate.
What agents and brokers can — and can’t — do under new MLS …
Apr 13, 2024 · Agents and brokers cannot work a buyer without a contract that specifies how much the buyer agent may earn, and that agreement must be in place before the agent does any showings. They also cannot accept more compensation than what was spelled out in the original contract. Agents should also continue to speak with the broker or team lead when ...
Top 1000 Brokerages (Mega 1000) by Sales Volume
Highlights. Compass moved into the top spot with $254.2 billion in sales volume, surpassing Realogy Brokerage Group's (rebranded as Anywhere in June 2022) $243.9 billion. HomeServices of America ranks No. 3 with $198.7 billion in sales volume. Collectively, the sales volume of the nation's five largest residential brokerages rose by more than ...
By the Numbers - RealEstateNews.com
New home sales may have hit a rates-related speed bump. August numbers were down nearly 5% from July, but came in better than a year ago and are still expected to outperform existing home sales in the coming months. Dave Gallagher. September 25, 2024. By the Numbers.
Trends 2024: Big brokerages are scooping up more deals
Jan 29, 2024 · Not only is an increasing share of sale volume concentrated among the largest brokerages, but the latest data shows that the biggest players also complete a growing share of transactions. The 1,000 largest brokerages accounted for 45.0 percent of all transactions in 2022, up from 36.3 percent in 2017. Moreover, the nation's 100 largest ...
Industry News - RealEstateNews.com
Oct 24, 2022 · New startup looks to level the playing field for coaches. The goal of The Helm, founded and advised by notable real estate leaders, is to help more women become coaches without sacrificing business success.