If homebuyers are no longer willing to pay full commissions to agents, what happens to lender programs that incentivize consumers to work with partner real estate agents?
The agent fee increases the flat-fee brokerage previously implemented for 2023 haven't stopped Fathom from growing, with Sept. 30 agent count up 13% from a year ago, to 11,333
Anywhere Real Estate reported revenue of $1.6B and a profit of $129M for Q3, ending with $151M in cash and cash equivalents
CoStar CEO Andy Florance dished with Intel about the commission lawsuits, Zillow and NAR as Homes.com nabbed 100M unique visitors for the first time ever in September
The chief real estate officer at OJO also believes teams will continue to get bigger, and that new agents will be willing to trade money for opportunity
The real estate brokerage and tech platform is accelerating cost cutting after posting a $6M third-quarter loss, with revenue up 10.2% to $111.3M and agent count up 33% to 9,991
From the hours agents put in to the years of experience they have, several variables determine what kind of income agents can bring in any given year
Federa thinks so. The company argues that because its agents know they are getting their pay from the flat fee, they're more apt to be more honorable to the seller's needs
Despite recent layoffs, Side announced earlier this month its expansion into 6 new states. Gal will discuss ‘Critical Factors That Are Reshaping the Real Estate Landscape,’ at Inman Connect
Here's what some agents who have recently made strategic moves have to say about keeping one's eye on the prize when it comes to negotiating contracts with a new brokerage
Opinion
Net is a more complicated datapoint to calculate. Split is surely a factor in the calculation, but net is the bottom line
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It’s time to level the playing field and have the uncomfortable conversations up front
Here's the skinny on the critical info new agents need that they’ll never tell you in licensing class
HomeSmart now offers a new model for referral income and retirement contributions. To participate in HomeSmart+'s revenue-sharing program, agents will forgo the company's traditional 100 percent commission structure for an 80 percent model