Tracking CEO Compensation

June 21, 2018
The nation’s 70 largest Realtor organizations collected $672 million in revenue in 2016, and they paid their CEOs nearly $24 million. That’s according to Real Estate Broker’s Insider’s analysis of tax returns filed by national, state, and regional associations. Most organizations’ 2016 returns were made public during the first quarter of 2018. Real Estate Broker’s Insider analyzed…To read more — login/sign up

 

Tech-savvy Brokerage Embraces Big Data

May 24, 2018
"We empower our clients with more data, more information, things they can’t find anywhere else," says David Walker co-founder of TripleMint. Since launching in 2013, the tech-driven brokerage has raised millions in venture capital and posted impressive growth. The 60-agent brokerage raised $7 million from investors. Much of that TripleMint has spent on a proprietary…To read more — login/sign up

 

Cash Bonuses Gain Popularity

November 2, 2017
As the housing market bounces back and competition for agents intensifies, brokers increasingly are paying signing bonuses to lure agents away from rivals. Brokers from various corners of the country report that recruiting bonuses range from as little as $6,000 to as much as $100,000. Compass and Coldwell Banker often are cited as aggressive payers…To read more — login/sign up

 

Redfin and Others May be Less “Disruptive” Than Once Thought

October 5, 2017
Fresh off a successful debut on the stock market, Redfin founder Glenn Kelman took something of a victory lap at this summer’s Inman Connect conference in San Francisco. Redfin has opened offices nationally with a strategy of paying salaries to agents and charging sellers a fee of just 1 percent or 1.5 percent, depending on…To read more — login/sign up

 

Realtor Association Revenue Growth Outpaces CEO Pay

September 21, 2017
The nation’s 60 largest Realtor organizations pulled in some $600 million in revenue in 2015, and they paid their CEOs more than $20 million. That’s according to Real Estate Broker’s Insider’s annual analysis of tax returns filed by national, state, and regional associations. Most organizations’ 2015 returns were made public this spring and summer. The rising…To read more — login/sign up