The real estate market of 2024 presents unique challenges reminiscent of the 2008 crash. By adapting strategies, embracing the rental market, and maintaining strong relationships, agents can navigate these turbulent times and find success.
Search Results for: 2024
7 Results found for 2024
Relitix’s latest Agent Movement Index™ for June 2024 highlights a continued increase in active real estate agents, a return to pre-2017 levels of agent movement stability, and notable regional variations. These insights offer a comprehensive view of current industry dynamics, essential for brokerage and franchise leaders.
A consistent pattern emerges in net operating percentages with increased revenue levels, revealing insights into operating costs, agent recruitment strategies, and financial stability. Learn how these factors affect profitability across various business sizes.
eXp Realty and Compass take the top spots in the 2024 RealTrends Verified brokerage rankings. The Real Brokerage is a top one-year mover.
NAR membership fell to 1.516 million members in January, its lowest level since May 2021, marking a 5.3% decline from its all-time high.
After a multi-year decline in agent movement between brokerages, Relitix’s Agent Movement Index shows a clear bottoming out in early fall of 2023 and increased real estate agent mobility as we move into 2024.
Flat-fee real estate brokerage Fathom Realty will raise its agent fees in 2024 to bolster the company’s revenue by more than $3 million.