2021 RealTrends 500 Now Live!

The RealTrends 500, now in its 34th year, remains the undisputed leading report ranking the performance of the top residential real estate brokerage firms.

Gathering of Eagles

The Gathering of Eagles conference is the Trusted Source, offering brokers, managers and leaders valuable insider industry information on how to run a profitable business.

RealTrending: eXp’s Glenn Sanford

Glenn Sanford, CEO of eXp World holdings, addresses his critics about his agent referral program, where he is taking the company next and growth limiters for the brokerage.

Newsletter

The RealTrends monthly newsletter is known as the trusted industry source for information on trends, strategies, analysis, people and news shaping the real estate industry of tomorrow.

New Realtor Membership Leveling Off

New Realtor Membership Leveling Off

Indications are that the growth in new Realtor® membership may be leveling off. 

Recent informal discussions with leaders of some of the larger state and local associations of Realtors® revealed that the rapid growth of membership might be leveling off in many markets. This is just as total membership has recovered from the recession low in the 950,000 level to nearly 1.4 million.

One outcome of this could be intensified competition for those already in the business. With new, low-cost competition throughout the market, this can’t be good news for incumbent brokerage firms. It also reinforces the need for all brokerage firms to revisit their offerings so that they are more tailored to this new environment. According to our rankings, the highest producers in the industry appear to have captured nearly 25 percent of all housing sales volume in 2018.

With the emergence of the iBuyer companies and other forms of low-cost brokerage firms, the total market share of both agents and transactions is shrinking from where it was three to five years ago.

The ability to build a brokerage company in this environment remains bright, but it is not what it was in the past.

Most Popular Articles

RealTrending: eXp’s Glenn Sanford reveals what’s next for company

Glenn Sanford, CEO of eXp World holdings, addresses his critics about his agent referral program, where he is taking the company next and growth limiters for the brokerage.

Apr 12, 2021 By

Latest Articles

Foreclosures continue despite moratorium

U.S. foreclosures continue during the first quarter of 2021, as new data shows that nearly 33,700 U.S. properties were subject to foreclosure filings—default notices, scheduled auctions or bank repossessions—up 9% from the previous quarter but down 78% from a year ago.

Apr 15, 2021 By