RealTrends Q32021 BrokerPulse sees brokers still optimistic about the market, wary of competition and wondering when inventory will rise.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.’s Sean Black on the transaction revolution

Real estate is on its third revolution, from the digital revolution of the early 2000s to the information revolution kicked off by Trulia and Zillow to today's transaction revolution.


The RealTrends BrokerSource and HousingWire OpenHouse newsletters deliver twice weekly information on trends, strategies, analysis, people, and news shaping the real estate industry.

First Person: Expanding the Meaning of Shelter

“Make yourself at home.”

As long as any of us can recall, we’ve expressed some form of that old saying to put visitors at ease – to help them feel comfortable in their surroundings. I bring this up because I’ve been thinking about the notion of home and what it means in the context of our temporary reality.

At no time in modern history has the importance of the place we call home been more pronounced than it is today. 

As human beings, we require three essentials to sustain us: food, clothing and shelter. For many of us, these are the very basics that we take for granted—things that are just constantly part of our daily routine. We awake, we nourish our body with food and water, and we step out the door of the place we call home to take on the world.

Until we can’t. Like today.

Home might be the house or condo you own, the apartment you rent, or a dorm room at school. For some, it’s any shelter you can find. We must understand that for many, this is not guaranteed.

Most of us are extremely fortunate; and as we contend with these challenging times the importance of the place we call home becomes even more significant. Home is where we are being advised to hunker down to protect our species, our families, and our futures. Home is the place where we have control, and where we can find sanctuary from the uncertainty of what’s happening in the world outside.  

The way many of us define home will be forever changed by this pandemic. If you’re a homeowner, you’ve placed your hard-earned money into this safe haven; and for many of you right now, that investment might just be a saving grace for your life, your health, and the well-being of those in your families and their financial future. As economic uncertainty swirls around jobs, as entire industries are disrupted, and as financial markets face unprecedented volatility, our homes will be what pulls us out to brighter days.  

Consider that currently in the United States, homeowners hold $6.3 trillion in equity that can be tapped.

That equity represents a source of funds that will pull many businesses, jobs, families and individuals out of the depths of this unforeseen and unimaginable event. While real estate decisions might have been what caused our last financial crisis in this country, I believe it will serve as the salvation from this one. 

There’s no telling how the broader economy will respond in coming weeks and months – and any economist who claims to know what’s around the corner should be approached with caution. But we can be confident that the desire for home ownership in this country will continue.

As we’ve been reminded of in recent weeks, “There’s no place like home.” Our home is our foundation. It’s the refuge where we are protecting ourselves. More than ever, we all should be eternally grateful to have a place to call home.

Brandon Wells is president of the Group Real Estate Inc.  Visit to take video tours of homes and learn how we are still helping customers buy and sell real estate during the stay-at-home orders resulting from the COVID-19 crisis.

Most Popular Articles

Where is the housing market headed?

Rising incomes, low interest rates and all other factors, including the balance between families looking for housing and the availability of housing, point towards a continuation of the strong housing market of the last 15 to 18 months.

Oct 18, 2021 By

Latest Articles

DOJ needs to honor agreement with NAR

NAR President Charlie Oppler writes: You should be able to count on the DOJ to honor an agreement. And yet, in a complete breach of commitment and legal precedent, the DOJ backed out of an agreement with the National Association of Realtors (NAR) that would more explicitly state the spirit and intent of NAR’s Code of Ethics and MLS guidelines in some key areas.

Oct 22, 2021 By