Redfin commission model drawing more, better agents: Jason Aleem

Aleem, Redfin’s chief of real estate services, also said the agents who have joined since the company adopted a commission model are making more money. Continue reading

The Agency brings on Jeff Davidson Group and more teams to SoCal

The former Compass team is the latest in a handful of teams to join The Agency in Southern California over the last few months. The team has over $750 million in career sales volume. Continue reading

Buyers need an income that starts with a 3 to live in this pricey city

Homebuyers need to earn an income of more than $150,000 to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. But in San Jose, buyers must earn at least $361,000. Continue reading

Side CEO urges agents to reject negativity, lean into community

Guy Gal spoke out last week about the challenges of 2023 and the way agents can avoid falling prey to negativity even during tough times. Continue reading

Redfin expands commission-based model in Southern California

Redfin’s new commission-based model, Redfin Next, is now available to agents in San Diego and Orange County. Agents will keep their W-2 status and benefits while getting commission splits of up to 75 percent. Continue reading

Robert Reffkin: What we have now is a ‘connection issue’

The CEO stressed to agents during a keynote address at Compass RETREAT on Tuesday that getting back to basics and forging sincere connections with clients would be the key to surviving and thriving in the current market. Continue reading

What to expect at Compass’ annual RETREAT in San Diego this week

Throughout the week, RETREAT attendees will learn how to develop new business tactics, wield technology more efficiently and stay afloat as guidance around commissions changes in 2024. Continue reading

New SDAR CEO taking embezzlement suit ‘seriously’

Cory Shepard took the reins at the San Diego Association of Realtors last week after now-former CEO Michael Mercurio was accused of stealing over $1M in association funds, the complaint reads. Four former executives filed the case against SDAR last week. Continue reading

San Diego Realtors sack CEO after $1M embezzlement lawsuit

The suit accuses now ex-CEO Mike Mercurio of using association credit cards for personal purchases, inflating his vacation time and selling items that the association paid for on eBay. Continue reading

Zillow rolls out AI-powered ‘super listing’ tool

Listing Showcase is part of Zillow’s new ShowingTime+ brand and is currently available to a select group of agents that partner with the portal giant, according to the company. Continue reading