Real Brokerage continues to add agents at a rapid pace

The Real Brokerage isn’t tapping the brakes on its rapid expansion.During its second-quarter 2024 earnings call on Wednesday, the company said it added almost 3,000 agents from April through June, a 70% year-over-year rise and a 250% increase compared to Q2 2022.The ballooning agent count pushed bro
Read MoreReal estate investors have a ‘cautiously optimistic’ outlook: survey

Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. That’s the conclusion from a survey of 235 single-family landlords in late June and early J
Read MorePlaintiffs respond to brokerage defendants’ motions to dismiss Batton 2 suit

A little over a month after the Batton 2 commission lawsuit defendants filed motions to dismiss the suit brought by homebuyers in Illinois, the plaintiffs have shot back.In responses filed on Monday, the plaintiffs argue that the court should not grant the defendants’ motions. The motions filed by C
Read MoreWhat buyer’s agents are being paid in your market

The typical American home seller pays a 2.55% commission to the real estate agent hired by their home’s buyer. That’s down from an average of 2.62% in January, before the NAR settlement was announced in March.This is according to Redfin, which analyzed MLS data of rolling four-week periods through J
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