True Stories: Hybrid, eNote and RON Implementation

Join expert panelists that will discuss the status of federal legislation, trends in digital adoption and how best to prepare your organization for the next generation of lending processes.

Logan Mohtashami talks jobs report, mortgage forbearance

Lead Analyst Logan Mohtashami discusses his recent article on the latest jobs report and the most likely impact on the housing market and mortgage forbearance.

UWM has a plan to win a war of mortgage attrition

UWM's margins will fall all the way down to 75 to 110 bps. Mat Ishbia says it's the perfect environment to prove that his mortgage firm is truly elite.

Lunch & Learn about underserved markets and affordable housing

Experts in this discussion will focus on how the mortgage industry is working to right previous wrongs and champion a housing market that serves all.

Real EstateBrokerage

The future of U.S. real estate commissions

Not just lawsuits, but alternative business models and an insane housing market threaten to disrupt home sales commissions

HW+ real estate commissions
Glenn Kelman, CEO of Redfin, and Luke Babich, chief operating officer of Clever (left to right)

This is the final of a three part series on residential real estate sales commissions. Part one explained the history of sales commissions, and the labor market for real estate agents. Part two dove into legal challenges of the present commission system, and the industry’s defense of commissions at the present level of 5% a home sale. 

You know what’s annoying? 

Telling someone the Internet has made their life a lot easier. 

Few professions are told that more repeatedly than real estate agents. Some grudgingly say that’s true, but others claim agents work more than ever.

“Twenty-five years ago, you might send a photo to the paper of a property,” said Ryan Gorman, president of Realogy-owned Coldwell Banker. “Now there are 36 different images, a video, imagery captured from drones. The average real estate agent is probably an expert at Tik Tok.”

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