Leo Pareja: Squashing misinformation in the real estate industry

Name: Leo Pareja: Squashing misinformation in the real estate industry
Uploaded: Apr 04, 2024 @ 7:00 AM EDT

This week, we are bringing you a conversation with Leo Pareja, the Chief Strategy Officer at eXp Realty, recorded live with HousingWire CEO Clayton Collins.

eXp was reported as the largest brokerage in the county by sides with 355,000 transaction sides in 2023, according to RealTrends Verified 2024 broker rankings.

This discussion with Pareja aims to bring clarity to chaos by squashing misinformation about the recently proposed real estate commission lawsuit settlement. Collins and Pareja discuss the proposed settlement’s impact on the home purchase processes, compensation and home prices. Pareja provides guidance for agents and other housing professionals on communicating with consumers and partners and staying focused on servicing home buyers and sellers.

Here’s a glimpse of what you’ll learn:

Agents should focus on operational strategy, clear communication, and adapting to the changes in the industry
Buyer representation contracts and compensation structures will likely still see changes in the future.
The settlement may lead to changes in the industry, but the demand for real estate transactions and the need for professional representation will remain.
Agents and brokers should focus on articulating their value proposition and adapting to the new rules of engagement to thrive in the changing landscape.
Mortgage professionals play a vital role in supporting agents and consumers by providing easy financing and facilitating successful transactions.

Related to this episode:

The Housing News podcast explores the most critical topics in mortgage, real estate and fintech. A new mortgage or real estate executive joins the show each week to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Clayton Collins and produced by the HW Media team.