When every deal feels personal, even winning gets expensive. There is a particular look you start to recognize once you have been around the real estate industry long enough. You know the one. That steely, thousand-yard stare that comes from decades of real estate. It shows up at open houses around hour four. In late-night…
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A year ago, Stuart Miller described homebuilder margins as a “shock absorber.” The Lennar Executive Chair and Chief Executive Officer had begun doing so two or three years earlier, as mortgage-rate pathways began wreaking havoc on the post-pandemic housing market. The metaphor suited the moment. Mortgage rates had risen sharply, and buyer affordability had plummeted…
Leadership changes are underway at Hawai’i Life. On Thursday, the Hanalei-based firm announced that Kaua’i-based broker Palo Luckett had been named as the firm’s new principal broker. Luckett had been serving as Hawai’i Life’s co-managing broker, alongside Rhonda Hay. Luckett has over two decades of experience working in multiple markets across the state. He is…
For years, the recruiting conversation in real estate centered on one question: What is your split? Commission structures dominated broker pitches, agent interviews and career decisions. The logic was simple and seemingly unshakable: the highest split wins. That logic is breaking down, and the shift is happening faster than most brokerages realize. Why the compensation-first…