News Quiz: Do you know the biggest stories for the week of Feb. 27?
Keller Williams, Ryan Serhant and RE/MAX founder Dave Liniger all showed a new side of themselves this week.
It's the end of the week, and the beginning of a new month, and we're here to determine what was worth remembering during a seven-day period that straddled February and March.
Keller Williams President Marc King said in an earnings report Tuesday that gross commission income per agent at Keller Williams reached this sum in the fourth quarter of 2021.
$77,800. "Gross commission income per agent reached $77,800 in the fourth quarter of 2021, which is a 72 percent increase over the last decade,” King said. Read the story here.
$51,000
$43,330
$77,800
None of the above
According to Zillow’s Q4 iBuyers report, released Tuesday, more than 1 in 10 homes were sold in the fourth quarter of 2021 using an iBuyer in this market.
Raleigh, North Carolina. Raleigh was the only metro where more than 1 in 10 homes sold last quarter were sold using an iBuyer (11%). Tucson (9.5%), Atlanta (8.9%), Jacksonville (8.9%) and Phoenix (8.8%) narrowly missed that mark. Read the story here.
Raleigh, North Carolina
Omaha, Nebraska
Phoenix, Arizona
San Francisco, California
RE/MAX founder Dave Liniger is taking his franchising expertise to the fast-food world, it was reported earlier this week, with the purchase of 20 locations of this franchise.
Daddy’s Chicken Shack. RE/MAX founder Dave Liniger is taking his franchising expertise to the fast-food world, with the purchase of 20 Daddy’s Chicken Shack locations across Phoenix and Denver. Read the story here.
Wendy’s
Bojangles
Daddy’s Chicken Shack
Culver’s
On Monday, luxury broker Ryan Serhant unveiled a preview of his new virtual world for agents and employees. What is the virtual world called?
UNIVERS. On Monday, luxury broker Ryan Serhant unveiled sneak-peek footage of UNIVERS., his virtual world for agents and employees. Read the story here.
Serland
UNIVERS.
HoMLND.
rEALs
This brokerage saw its revenue soar in the final quarter of 2021, according to its first earnings report, issued Tuesday, as a stand-alone publicly traded company.
Douglas Elliman. Douglas Elliman saw its revenues soar in the final quarter of 2021, according to its first earnings report as a stand-alone publicly traded company. Read the story here.
Douglas Elliman
Compass
REX
The Agency
Francis Davidson, the CEO of San Francisco-based short-term rental manager Sonder, purchased this 13-time grammy winner's Hollywood Hills estate for $9.2 million.
Pharrell Williams. Francis Davidson, the CEO of San Francisco-based short-term rental manager Sonder, has been revealed as the buyer behind the sale of music producer and rapper Pharrell’s Hollywood Hills home, a week after it was reported the 13-time Grammy winner and songsmith behind “Happy” had sold the estate. Read the story here.
Pharrell Williams
John Tesh
Bette Midler
Quincy Jones
In 2021, the typical American homeowner stayed in his or her home for this long, according to data released Wednesday by Redfin.
13.2 years. In 2021, the typical homeowner stayed in his or her home for 13.2 years, a modest decrease from 13.5 years in 2020, yet still an increase over the past decade, data shows. In 2012, homeowners typically remained in their homes for 10.1 years. Read the story here.
6.3 years
13.2 years
25.6 months
4 years
Better Mortgage is now licensed in every U.S. state except this one.
Nevada. Better HoldCo Inc. affiliate Better Mortgage Corp. is now licensed in every U.S. state but Nevada, with the company’s recent expansion into Massachusetts, Hawaii and New Hampshire. Read the story here.
Hawaii
Nevada
Massachusetts
New Hampshire
Two weeks after its arrival in California, Offerpad on Thursday announced it was expanding into this Golden State city
Sacramento. Two weeks after its arrival in California, Offerpad is expanding its reach by bringing its iBuying services to Sacramento and 50 surrounding cities and towns. Read the story here.
Sacramento
Oakland
Anaheim
San Francisco
True or false: Russian banks this week raised mortgage rates above 30 percent.
False. Russian banks like VTB raised mortgage rates this week to as high as 15.3 percent. Read the story here.
True
False
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