BrokerPulse

RealTrends Q4 2021 BrokerPulse: Office consolidation, boosting agent productivity and core services capture rates continue…

2021 Website Rankings Now Live!

RealTrends website rankings highlights the top real estate websites across the country in 6 total categories for our annual brokerage website rankings.

The race to become real estate’s “Amazon”

Livian’s Adam Hergenrother on the race to become real estate’s “Amazon”

Study: It’s true, real estate teams outperform brokerage firms

Surveyed real estate team gross margins were an average of 61.8% compared to an average of 13.8% for real estate brokerage firms.

The Best Markets for Real Estate Pros

The Best Markets for Real Estate Pros

To determine the best markets for real-estate agents, WalletHub compared more than 170 U.S. cities across 19 key indicators of a healthy housing market, ranging from sales per agent to annual median wage for real-estate agents to housing-market health index.

Best Places to Be a Real-Estate Agent
1 Seattle, WA 11 Santa Rosa, CA
2 Salem, OR 12 Vancouver, WA
3 San Francisco, CA 13 Fargo, ND
4 Oakland, CA 14 Sioux Falls, SD
5 San Jose, CA 15 Tempe, AZ
6 Denver, CO 16 Gilbert, AZ
7 Fremont, CA 17 Portland, OR
8 Boston, MA 18 Irvine, CA
9 Washington, DC 19 Tacoma, WA
10 Phoenix, AZ 20 Mesa, AZ

Best vs. Worst

  • Modesto, California, has the most homes sold in the past year per real-estate agent, 106.48, which is 14.7 times more than in Houston, the city with the fewest at 7.25.
  • San Francisco has the highest median house price, $927,400, which is 21.7 times higher than in Detroit, the city with the lowest at $42,800.
  • New York has the highest annual median wage for real-estate agents, $79,810, which is 2.8 times higher than in Fort Smith, Arkansas, the city with the lowest at $28,130.
  • Oakland, California, listings have the fewest days on the market, 41, which is 3.9 times fewer than listings in New York, the city with the most at 160.
  • Memphis, Tennessee, has the highest share of home flips, 12.76 percent, which is 9.5 times higher than in Albuquerque, New Mexico, the city with the lowest at 1.35 percent.

To view the full report and your city’s rank, please visit:
https://wallethub.com/edu/best-worst-cities-to-be-a-real-estate-agent/18713/

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Eureka, California: An oasis for climate (and equity) refugees

Californians who wish to remain in-state are descending on Eureka, the rare California town with relatively modest home prices, making it a haven for those who cash in on the equity gained through their previous abode.

Dec 08, 2021 By