Today’s RealTrending features an exclusive interview with Brett Jennings, Team Leader of Real Estate Experts powered by Side, located in California. Jennings was able to grow his company and be ranked number 30 Mega Teams by Volume in the 2021 REAL Trends The Thousand.
Steve Murray, a senior advisor to RealTrends and HW Media, said that this surge in Realtor membership is “warping a lot of business models in many ways.”
During the four-week period ending January 16, the median home sales price rose to $358,500, with 41% of homes selling for above list price, up from 33% during the same time period a year ago.
Don’t underestimate the value of an office. This Century 21 broker discusses his strategies for increasing agent productivity.
The Real Brokerage Inc. recently acquired Expetitle, Inc. for $8 million, pursuant to a stock purchase agreement, adding to the core services they offer home buyers and sellers.
Coldwell Banker Premier, a regional real estate brokerage, with eight offices serving Virginia, West Virginia, Maryland, Pennsylvania and Washington, D.C., recently joined forces with brokerage Coldwell Banker Resort Realty headquartered in Rehoboth Beach, Delaware.
eXp Realty announced plans to expand into three, new international markets: New Zealand, Greece and the Dominican Republic.
The average monthly rent price rose 14% year over year in December to $1,877, according to a report by Redfin released on Friday. This is the largest year-over-year increase recorded since Redfin began tracking rent prices in February 2019.
Lack of hands-on experience and unprecedented market conditions spurred by the pandemic pose the biggest challenges to new real estate agents.
FinCEN is floating a proposed anti-money laundering rule that could impose reporting mandates on real estate agents, brokers, attorneys, title insurance companies and settlement agents.
