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In this Q&A, Senior Real Estate Reporter Matthew Blake gives us the inside scoop on what happened at NAR’s annual conference, including the latest on the DOJ investigation.

Today’s RealTrending features an interview with Steve Brown, president of residential sales for Crye-Leike Real Estate and chairman of the board for The Realty Alliance, a network of North American real estate firms. Brown talks about boosting core service capture rates, industry trends and the new changes the National Association of Realtors is making to the MLS.

The fact that Zillow was willing to change course quickly when circumstances dictated shows courage.

Today’s agents face a different landscape than their counterparts of a generation ago. Online tools have made buyers, sellers and landlords more savvy. There is more information about individual properties and industry trends available on the internet than every before. Real estate agents must deliver true value to be indispensable.

The real estate industry is in a constant state of flux. But, the brokerage industry is adapting to new technology and business services.

According to a recent Coldwell Banker Global Luxury report titled, “Real Estate’s New Power Players” (part of its annual “A Look at Wealth” series), “rebounding stock markets, cryptocurrency gains and higher 401(k)s” have aligned with higher home prices and low interest rates to give wealthy buyers even more borrowing power.

A formula to help real estate agents determine if they have the necessary traits and capacities to be independent agents.  It will also help you recognize the traits of the brokerages who are best suited to help you quickly build a sustainable business.

‘@properties this week made its biggest expansion push yet, announcing that it had reached a deal to acquire Christie’s International Real Estate from the famous auction house.

Before Zillow’s meltdown, national iBuyer market share surged to another all-time high, blowing past all previous records by a wide margin. In Q3 2021, iBuyers accounted for 1.6% of all homes purchased in the U.S. That’s around 28,000 homes, nearly double the 15,000 homes purchased by iBuyers in Q2.

The 2021 RealTrends Team Profitability Study offers valuable insights into team profitability compared to real estate brokerage profitability.