Recruiting War ’24: Agents field new offers constantly, Intel finds

A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it’s now an unavoidable aspect of the job. Continue reading

OJO acquires The LEAD Syndicate, rebrands around Movoto

The acquisition will help OJO launch Lever by Movoto, which the company describes as an all-in-one technology platform for individual agents. Continue reading

Will Q3 earnings keep real estate mired in a ‘Groundhog Day’ loop?

Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it? Continue reading

Stakes are incalculable for NAR as bombshell commission trial looms

Next week’s long-anticipated Sitzer/Burnett commission trial is only the most immediate threat to real estate’s most powerful trade organization as it navigates a series of existential challenges. Continue reading

OJO promotes industry veteran Chris Heller to president

Former Keller Williams CEO Chris Heller previously served as OJO’s chief real estate officer. Jerimiah Taylor, formerly a vice president at OJO, will step into Heller’s previous role, the company said. Continue reading

OJO debuts premier OJO Pro platform for top-producing teams

OJO Pro+ will cater to just a handful of teams in each market. The product is one of two new offerings from OJO meant to provide high-quality leads and insights to agents. Continue reading

Chris Heller: Brokerages and teams are playing chicken. Who will win?

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. Continue reading

Meet the boomerang agents returning to their old brokerages

As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold. Continue reading

Real estate braces for year of mass consolidation as startups eye exit

A contracting market will place pressure on struggling startup entrepreneurs while some broker-owners use the down market as an opportunity to nail down a succession plan, analysts told Intel. Continue reading