“We are seeing competitors reduce the financial incentives they were using in attempt to recruit Compass agents and a race to the bottom environment where many traditional brokerages that historically competed on value-add and support services,” CEO Robert Reffkin said.
Things are continuing to heat up in Zillow Group’s legal battle with discount brokerage REX Homes, as the Sept. 18 trial date looms ever closer.
Has negative thinking entered your mindset? Top agents are self-aware of the consequences of allowing one negative thought to manifest.
On today’s RealTrending, we speak with Chris Lim, president and Natalie Hamrick, vice president of Christie’s International Real Estate about how they build their core values on a level of service and not a price point. The two discuss lessons learned as they grow the brand, how to build your message to attract agents to your firm and where they find inspiration.
Coldwell Banker Premier announced a merger with Coldwell Banker Professional Real Estate Services along with all of its sales associates, which further expands Coldwell Banker Premier’s office footprint into Cumberland, Maryland, and surrounding markets. This is the sixth merger by Coldwell Banker Premier since the beginning of 2022. Coldwell Banker Premier was named a 2023 […]
RE/MAX is focused on real estate teams initiatives. It’s expanding on a five-state pilot program designed to retain existing teams and build pipelines for larger teams in top markets.
Redfin was in the red yet again in the second quarter, but its losses are narrowing and it’s tweaking its unique brokerage model to court more experienced agents in pricey coastal areas.
eXp World Holdings faced headwinds in the second quarter, as persistently slow real estate sales drove the company’s revenue down 13% year-over-year to $1.2 billion.
Real estate agents who work hard to refine their skills are better at reading a buyer or seller so they can negotiate the best deal possible.
iBuyer Opendoor turned a $23 million profit in the second quarter. It also bought 2,680 homes in Q2, up 53% from the prior quarter.
