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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

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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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Woolcott Team is joining eXp Realty, leaving RE/MAX

The Woolcott Team is joining eXp Realty after announcing it will leave RE/MAX. Company founder Drew Woolcott chose to move his team after more than 25 years with RE/MAX. With this move, The Woolcott Team will join the more than 51,000 real estate agents in the global eXp Realty network to become the most productive team in Canada for eXp Realty in both volume and number of transactions, according to a news release from Drew Woolcott.

The Woolcott Team has sold more than 6,248 homes and completed over $2.7 billion in sales since being founded in 1993. Drew Woolcott routinely ranked first in Ontario for residential real estate transactions during his tenure with RE/MAX, and is consistently recognized for his innovative work and meticulous eye to detail with his clients.

This is the second recent large team exodus from RE/MAX to eXp this month, as RealTrends reported mid-April that the 21 agents in The Lahey Group, a brokerage serving the Washington D.C.-Maryland-Virginia regional market, are also moving their team affiliation from RE/MAX to eXp. eXp is the world’s first cloud-based real estate brokerage, allowing associated agents to work from anywhere.

eXp World Holdings, Inc. the parent company of eXp Realty, announced in December of last year that it had signed on more than 40,000 real estate agents worldwide. According to the 2021 RealTrends 500 brokerage rankings, eXp was one of the fastest-growing brokerages in the country, coming in third by transaction sides and fourth by transaction volume. 

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