NextHome CEO James Dwiggins takes on real estate’s biggest challenges
This week on RealTrending, we are bringing you a crossover episode with the Power House podcast. HousingWire President Diego Sanchez sat down with James Dwiggins, the CEO and co-founder of NextHome, a real estate franchise with 600 offices and 6,000 agents across the country.
James has a lot of expertise and — and strong opinions — on real estate practices, including clear cooperation policies, dual agency, and MLS processes, and more. They also dive into what NAR is doing for the industry and NextHome’s plan for 2025.
Here’s a glimpse of what you’ll learn:
- NextHome operates under a ‘humans over houses’ philosophy.
- 40% of growth comes from referrals and they don’t require franchisees to recruit aggressively.
- The NAR settlement is just the beginning of changes in real estate commissions.
- Many agents lack training on new compensation structures post-NAR settlement.
- Dual agency presents significant conflicts of interest.
- NAR plays a crucial role in advocating for real estate professionals.
- Clear cooperation policies benefit the marketplace and consumers.
The RealTrending podcast features the brightest minds in real estate. Every week, brokerage leaders, top agents, team leaders, and industry experts share their success secrets, trends, and lessons learned navigating this ever-changing industry. Hosted by Tracey Velt and produced by Elissa Branch.