Now is the time to review every expense in your business. Now is the time to correct the P&L for a market that will clearly adjust in next two years. Inflation, rising interest rates, geopolitical issues, decreases in NCD % all take a toll on your P&L. Top-line growth via units sold and price appreciation tends to mask all inefficiencies.
Today’s RealTrending podcast features an exclusive interview with Bob Corcoran of Bob Corcoran & Associates in Florida. Bob’s been coaching high performance real estate teams for over 30 years and has helped multiple team leaders sell their businesses. Bob discusses how real estate teams and independent agents can build viable exit strategies when they are ready to move on.
ERA roundtable discussion uncovers actionable insights to advance greater inclusion for women in real estate leadership.
Pending home sales continue to slide, dropping 4.1% in February to mark the fourth consecutive month of losses.
The 2022 RealTrends 500 brokerage rankings is live. Our analysis of the biggest brokerages in America found that the top four firms now have 20% market share.
The Billionaire’s Club consists of the top U.S. real estate brokerage firms that closed at least one billion dollars’ worth of real estate in 2021, according to data from the 2022 RealTrends 500 brokerage rankings. Not only does this rarified group include more firms than ever before: 434, versus 347 last year, but this year’s rankings also feature many firms on the list for the first time.
RealTrends released its 2022 RealTrends 500 brokerage rankings today and for the first time since the 1990s, Realogy Brokerage Group and HomeServices of America were not in the top spot by sales volume. Relative newcomer Compass snuck by Realogy to claim No. 1.
Redfin announced the launch of its nationwide rental search on Wednesday, as it continues to integrate RentPath, which it acquired in April 2021. It will be going toe-to-toe with CoStar Group’s Apartments.com and Zillow.
For Younger Millennials, 27% reported that the most challenging step in the homebuying process was saving for a down payment, while just 1% of Older Baby Boomers reported that this was the most challenging part of the home buying process.
After dropping 4.5% month-over-month in January, new home sales were down again in February, decreasing 2.0% from the month prior to a seasonally adjusted rate of 772,000, according to federal data released Wednesday.
