Art Carter, CEO of the California Regional Multiple Listing Service (CRMLS), sheds light on the organization's proactive approach towards addressing the ramifications of anti-trust complaints within the real estate industry.
As the real estate industry continues to evolve at a rapid pace, brokerages face the challenge of staying competitive in a landscape dominated by well-funded search portals and technology-driven firms. To help navigate this complex terrain, the WAV Group is releasing its 2024 Brokerage Technology Roadmap, offering invaluable insights for brokerages and their technology partners. In the inaugural report of this four-part series, we delve into the crucial realm of website technology – a cornerstone of modern real estate operations. Here, we identify four essential components that are instrumental in equipping brokerages to thrive amidst fierce competition:
In the ever-evolving landscape of real estate, recent legal battles and settlements have shed light on the significance of examining non-REALTOR MLS subscriptions. We discussed this topic recently in our webinar 350,000 agents don’t have to be REALTORS® anymore - Is your MLS ready? While much is still undetermined from the recent settlement, there is a key takeaway – a notable shift in the landscape concerning NAR (National Association of Realtors) membership requirements. Specifically, recent settlements, including one with Keller Williams, have highlighted that brokerages representing a staggering 550,000 agents are either unable or unwilling to mandate NAR membership or the associated three-way agreement.
The designation places Lund, Wilson and Jolly among a select group of key influencers acknowledged for their newsworthy endeavors that positively impact consumers and communities.
Don’t miss this comprehensive look at successful real estate brokerage M&A. WAV Group colleagues George Slusser and Victor Lund will be covering each chapter of their new book Acquiring More Profit: The Definitive Guide to Successful Real Estate Brokerage Mergers & Acquisitions, during the 9-part webinar series. Acquiring More Profit is a collection of the best practices and invaluable insights George and Victor have garnered over decades of M&A work and thousands of brokerage acquisitions. George Slusser, renowned as the foremost expert in real estate M&A today, has completed more successful transactions in this space than anyone else. As the Head of the M&A division at WAV Group, he continues to assist brokerages in finding profitable growth opportunities.
In the ever-evolving realm of real estate, the age-old question of whether to hire a buyer's agent is gaining renewed prominence, fueled by recent lawsuits that seek to shift compensation structures. As aspiring homeowners embark on their journey to property ownership, the necessity of engaging an agent is coming under increased scrutiny. Our latest research report, titled "How buyers feel about working with agents" delves into the services homebuyers value most and the imperative for agents to articulate the value they bring to the table in today's dynamic market.
Small brokerages, which constitute a significant segment of the real estate industry, can benefit greatly from leveraging the MLS to provide meaningful tech support to their agents.
How can brokerages help to push back against shrinking margins and find new areas of profitability in their businesses? If you haven’t yet considered adding one of these ancillary services to your business, then it might be time to ask yourself if it could generate the revenue you’ve been missing.
Gurtej often saw first what others saw eventually. But more than anything, he was a servant leader who was always kind and empathetic.
Selling a real estate brokerage isn’t like selling any other type of business. Here are 16 steps to take before the deal is closed.
How much is your brokerage worth today? Being able to answer that question on the fly can save you money today and help you plan for the future.
As a respected real estate broker, you understand the importance of strategic growth and maximizing the value of your brokerage. That is why we are delighted to invite you to June’s RISMedia Broker Webinar Series exclusive webinar, "Growing Your Business Through M&A: Why the Time is Now."
