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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.

Knock.com’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.

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Black HomeownershipBrokerage

Racial equity in the mortgage biz goes beyond fancy galas

Panel of experts outlined proactive steps lenders can take before lawmakers force the issue

HW+ expanding homeonership

If last year gave rise to a slew of announcements of initiatives to address issues of racial equity, now is the time to give force to those promises.

Laura Brandao, president and partner of American Financial Resources, Tai Christensen, director of government affairs and chief diversity and inclusion officer at CBC Mortgage Agency and Montell Watson, director of corporate strategy at Movement Mortgage, took the stage at HousingWire Annual in Frisco, Texas to offer some “practical tips” for mortgage lenders to narrow the racial homeownership gap.

Lenders can start by hiring from a more diverse pool of talent. Christensen and Watson also advised against seeing racial equity as only a cause to donate money to, instead of enacting meaningful change in hiring and business practices.

“If you’re just donating dollars you’re not really doing anything,” said Christensen. “What are you doing to work toward equity? The time of the fancy galas and fundraisers is over.”

Helping to rebuild the relationship with communities that had their equity wiped out in the Great Recession won’t be easy. “There’s a lot of trauma for people of color from being told no for so long,” Watson said.

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