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A real-estate lock box is a padlock-shaped box that generally hangs around the doorknob of a house that is on the market. The device holds the keys to a house to allow communal access for all real estate agents , while continuing to keep them secure. [ 1 ]
A real estate license must be obtained from the DRE in order to engage in the real estate business and to act in the capacity of a real estate broker or salesperson within the State of California. Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [ 5 ]
Compass, Inc. operates a residential real estate brokerage in the United States. [4] [5] It has approximately 29,000 agents, who are generally independent contractors, on its platform. [2] In 2023, the company completed 178,848 transactions for a gross dollar value of $186.1 billion. It had a market share in the U.S. of 4.5%. [2]
The Markup spotlights California's inflated real estate market, much of which is due to a software company called RealPage. Landlords are using AI to raise rents—and cities are starting to push back
The real estate surge is predicted to take place primarily in the South and the West, including states like California, a state with 10 regions in Realtor.com’s top 100 of 2025.
Average real estate commissions by state Overall, the national average Realtor commission in 2023 was 5.49 percent, according to data from Clever . In all but a few states, the average commission ...