NAR settlement may disrupt mortgage partner agent programs

If homebuyers are no longer willing to pay full commissions, what happens to lender programs that incentivize consumers to work with partner real estate agents? Continue reading

Fathom out to raise more than $7M by hiking agent fees, selling shares

Fee increases the flat-fee brokerage implemented for 2023 haven’t stopped Fathom from growing, with Sept. 30 agent count up 13 percent from a year ago, to 11,333. Continue reading

How much does a real estate agent make?

From the hours they put in to the years of experience they have, several variables determine how much real estate agents make per year. Continue reading

Side CEO Guy Gal: Indie brokers can thrive in contracting market

Despite recent layoffs, Side announced earlier this month its expansion into six new states. Gal will discuss “Critical Factors That Are Reshaping the Real Estate Landscape,” at Inman Connect Las Vegas. Continue reading

Red flag! 12 things agents should watch out for when being recruited

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. Continue reading

Team leaders: Stop talking about “splits” and start talking about these 5 things

You see, the agent should not ask the broker or leader of a company, “What is my split,” but instead they should ask,”What will my net be?” Because “net” is much more important than “split.” Continue reading

HomeSmart+ to offer referral income to agents

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. Continue reading

Why you should choose the business model, not the brokerage model

The brokerage model is a fee structure. The business model is about operational excellence. It’s about the services, interactions, technology, marketing, and educational opportunities. Continue reading

‘You have to manufacture your own inventory’: RE/MAX CEO

RE/MAX CEO Adam Contos talked to Inman about low inventory, commission splits and what agents need to be focusing on in 2021. Continue reading

Agent/broker perspective: How can broker’s resolve frustrations over uneven commission splits?

Each month Anthony Askowitz explores a hypothetical real estate situation from both sides of the broker/agent dynamic. This time: A buyer’s agent is upset about listing agents demanding a larger piece of the sales commission. How should her broker react? Continue reading