The real lesson from the Florida ChatGPT home sale story
Opinion
The MLS still matters, and agents better not lose it, Dennis Norman writes
by Dennis Norman Mar 31
Ridley founder says platforms, not agents, will eventually be at the center of the transaction
The self-sale company just secured new funding from backers including Fifth Wall. CEO Mike Chambers says his company wants 'to support agents' who are 'unapologetically consumer first'
by Craig C. Rowe Dec 3
Once on a path for expansion, Homie now a shell of its former self
Utah-based discount brokerage was once on a path for 1K agents. A few years later, the company was sold and is rebuilding under new ownership, starting with 22 agents in 2 states
by Taylor Anderson May 19
Fathom says revenue sharing will help it recruit new agents
After growing agent count by 12%, the flat-fee brokerage said in Q2 earnings that it's poised for continued growth with new plans that pay a percentage of revenue generated by recruited agents
by Matt Carter Aug 12
Is now the time to become a flat-fee or limited-service broker?
With commissions up in the air, is it time for some agents to explore alternative compensation models? Clever's Luke Babich weighs the options for those considering making a move
by Luke Babich May 21
Virtual to brick-and-mortar: 5 brokerage models made for 2025
Take into account the way you like to work, your level of expertise and your desire for collaboration when considering the brokerage model that works best for you and your business
by Christy Murdock May 14
Fathom Realty has more agents, fewer Q1 sales than a year ago
CEO Marco Fregenal says the flat-fee brokerage is making progress toward achieving 2024 goals despite seasonality and broader industry challenges driving a $5.9M Q1 net loss
by Matt Carter May 9
Homie
The Utah-based disruptor 'moved our real estate agents from W2 to 1099' while other 'non-Homie' agents were laid off last week due to 'role redundancy,' a Homie spokesperson confirmed to Inman
by Jim Dalrymple II Apr 22
Fathom out to raise more than $7M by hiking agent fees, selling shares
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
by Matt Carter Dec 5
Fathom Realty founder Josh Harley steps down as chairman and CEO
'Door open' to Harley's return after he relinquishes leadership roles, citing family reasons. Longtime CFO Marco Fregenal is new CEO and independent director Scott Flanders is chair
by Matt Carter Nov 13
NextHome lands No. 1 franchise ranking for third straight year
The flexible-spending model real estate franchise beat out a number of other real estate franchises assessed by Franchise Business Review this year, including Keller Williams
by Lillian Dickerson Jan 18
Homie CEO resigns as flat-fee brokerage lays off more workers
The company is among the most prominent of the upstart flat-fee brokerages that rose in recent years, but will lose cofounder and CEO Johnny Hanna as the market experiences 'turmoil'
by Jim Dalrymple II Oct 4
Clever teams with Total Expert to land more lenders and homebuyers
Clever's integration of Total Expert's CRM and customer engagement platform could help the company drum up homebuyers who aren't already working with real estate agents
by Matt Carter Aug 23
A full list of real estate companies making layoffs in 2022 and 2023
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
by Matt Carter Jun 3
Is flat fee the future of real estate? Here’s what to know
Opinion
As home prices have risen, driven by supply shortages and increased demand, many real estate industry experts have started considering whether the existing commission compensation model is still working
by Nicholas Acosta Jun 3