In this edition of RealTrending, Steve Murray, senior advisor to RealTrends, talks about the competition for productive agents due to segmentation, brokerage culture and offers and update on the market for mergers and valuations.
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Looking to get into new markets? Consider partnering with out-of-state agents and teams.
Arrived Homes, founded in 2019 and backed by Jeff Bezos and Marc Benioff, operates on a simple premise: it shouldn’t just be the investment banks and hedge funds that scoop up single-family houses and tap them for rental income. Arrived wants every average Joe and Jane in America to be a landlord.
Interest in relocation fell for the second-straight quarter, hitting its lowest point since 2020, according to a new Redfin report released Friday.
No one ever expects a Black Swan event, natural disaster or pandemic, but building a plan for such event is vital for your real estate brokerage.
Realogy made a profit for the fifth straight quarter. But the brokerage conglomerate faces questions about how its business is diversifying especially amid a slightly cooler housing market. HW+ Premium Content
Changing brokerage firms is a big commitment. Don’t fall for the sales pitch. Use this plan to thoughtfully develop an action plan.
After rising 8% in August, pending home sales dropped 2.3% in September, according to NAR’s pending home sales index report released on Thursday.
As business leaders, real estate brokers can identify new approaches and cultivate a culture that equips and empowers agents to better serve diverse communities.
Several analysts commented that, due to the heavy influence of ibuying, revenues on Zillow‘s performance could be impacted for years. It shows the lack of understanding by Wall Street of the residential brokerage industry given the fact that ibuying was not a core contributor to Zillow‘s earnings.
