The Year in Brokerage Management

December 26, 2019
Every other week you receive the summary of an article from Real Estate Broker’s Insider. Over the course of the year we’ve covered everything from agent recruitment, to new business models, to avoiding lawsuits. To wrap up the year, we’re highlighting five of our favorite posts. Timely and informative, they showcase some of the most creative…To read more — login/sign up

 

Part 4: Broker Offers Guidance to iBuyer

December 19, 2019
Real Estate Broker’s Insider has been focusing its coverage on broker/owners who are trying new approaches to stay ahead of the fast-changing industry. In Houston, Charlotte, and other Sun Belt markets, major brokers are teaming with Zavvie, a company that promises to keep agents involved in the process by managing offers from multiple iBuyers. Better Homes…To read more — login/sign up

 

Part 3: Broker Launches iBuyer Platform

December 5, 2019
December 5, 2019 — Real Estate Broker’s Insider has been focusing its coverage on broker/owners who are trying new approaches to stay ahead of the fast-changing industry. In Tampa Bay, FL, Kenny Hayslett of RE/MAX Action First created an iBuying program. Offerpad, Opendoor, and Zillow Offers are buying homes in the Tampa market. So far, the…To read more — login/sign up

 

Part 1: Nimble Brokers Adapt, Try New Approaches

November 7, 2019
In a fast-changing industry, brokers who don’t adapt disappear. Real Estate Broker’s Insider has been focusing its coverage on broker/owners who are trying new approaches to stay ahead of the change. They are launching their own ibuyer platforms, ditching Realtor.com leads, aggressively wooing teams, and more. In one example, Century 21 New Millennium wooed and landed the…To read more — login/sign up

 

Broker’s “Trade-In” Model Generates Thousands of Transactions

October 24, 2019
The business model being tested by Knock is often compared to the iBuying platforms of Opendoor and Offerpad. Disruptive strategy? Check. Hundreds of millions of capital on hand for buying homes? Check. A pitch to consumers who crave convenience and certainty? Check. But there are crucial distinctions between Knock and the iBuyers, says Sean Black,…To read more — login/sign up

 

Traditional Brokers Adapt as iBuyers Proliferate

October 10, 2019
As Opendoor, Offerpad, and Zillow Offers sweep through the Sun Belt, many traditional brokers decry the new model, calling it financially unsustainable, an affront to their experience, and a ripoff for sellers. Other brokers say that, even if those criticisms are true, iBuyers aren’t going away any time soon. In the case of Better Homes…To read more — login/sign up

 

Co-ownership Model Works for Independent Broker

September 19, 2019
Janene Johnson is one of eight owners of a boutique brokerage in a ski town, and she says the model has worked remarkably well. Most of the eight owners of Real Estate of Winter Park in Winter Park, CO, previously were affiliated with national firms. They formed the company with a goal of pooling resources…To read more — login/sign up

 

IBuyers Insist They’re Not A Threat, Agents Are Not Convinced

September 5, 2019
The new generation of iBuyers sees well-funded companies such as Opendoor, Offerpad, and Zillow Offers snapping up thousands of homes in Phoenix, Atlanta, and other markets. "We really noticed that consumer expectations were changing," says Josh Swift, senior vice president at Zillow Offers. "They want to click a button and have magic happen." The convenience…To read more — login/sign up

 

Startup Brokerage Markets Fee-For-Service Model

August 22, 2019
Attorney and entrepreneur Michael Talkow believes traditional listing agents charge too much for their services. His startup, Listingly, promises to list properties on the multiple listing service for a fee of just $9 a month. That price includes a for-sale sign and Realtor forms and contracts, not to mention exposure on Zillow, Trulia, Realtor.com, and…To read more — login/sign up

 

New Discount Brokerage Model Offers Guarantee Against Low Appraisals, Surprise Repairs

June 27, 2019
When entrepreneur Luke Johnson put his home on the market a few years ago, buyer interest was strong. Within a couple of hours, Johnson had four offers in hand, all from creditworthy buyers. Then came a nasty surprise: The appraiser valued the house at $35,000 less than the offer Johnson had accepted. The property was…To read more — login/sign up