Housing Wire

AUGUST 30, 2023

In the competitive world of real estate recruitment, brokerages fight for the attention and loyalty of talented agents who can drive their success. As the lifeblood of the industry, agents play an important role in attracting clients, closing deals and determining the ultimate profitability of a brokerage.

Brokerage 328

Brokerage Branding Agents Closing 328

Housing Wire

MARCH 20, 2024

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. Every big brokerage has some of them, but if you think about some of the most productive agents, a lot of them sit on Compass’ platform.

Brokerage 464

Brokerage Agents Industrial As-is 464

Housing Wire

FEBRUARY 2, 2024

Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We Citrus Closing Group serves clients in the Florida counties of Lake Seminole, Osceola, Orange, and Brevard.

Closing 346

Closing Title Brokerage Agents 346

Housing Wire

APRIL 10, 2024

Some institutions did not provide the services they listed to examiners, such as helping the borrower clear credit problems or participating in loan closings—professionals did not attend the closing meetings or infrequently participated via phone. Violations identified vary across different stages of the loan process.

Banks 392

Banks Brokerage Mortgages Loans 392

Housing Wire

SEPTEMBER 13, 2023

New England-based independent brokerage Bean Group has made the leap to eXp Realty. It is the first brokerage to join eXp Realty through Boost, eXp’s newly released brokerage incentive program. Bean Group, which had been affiliated with LeadingRE , is one of the top brokerages in Northern New England.

Brokerage 431

Brokerage Equity Agents Branding 431

Housing Wire

SEPTEMBER 6, 2023

California-based RE/MAX Proper has acquired All Nations Realty and Investments , an independent brokerage in Rancho Cucamonga. In total, 126 agents and staff members at All Nations have joined RE/Max Proper, increasing the total agent count to 203, up from 70 when the former indie brokerage affiliated with the RE/MAX brand in May.

Brokerage 389

Brokerage Branding Agents Technology 389

Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. 166 nationwide in the 2024 RealTrends Verified sales volume rankings, after its agents closed $1.78 Lamacchia Realty is expanding its presence in the Pioneer Valley region of Massachusetts. Based in Waltham, Mass.,

Brokerage 448

Brokerage Branding Agents Sales 448

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. The brokerage, which was founded in 1976 by Gene Boone, will now be known as RE/MAX Foxfire.

Brokerage 397

Brokerage Branding Technology Agents 397

Housing Wire

AUGUST 30, 2023

Fast-growing firm The Real Brokerage is welcoming yet another top-performing agent to the company. Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. He and his team were most recently brokered at Hague Realty in Scottsdale.

Brokerage 356

Brokerage Technology Agents Industrial 356

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. According to the 2023 RealTrends rankings of top real estate brokerages by sides, Keyes is ranked No. billion in closed sales volume in 2022. 38 with 12,458 transactions and $7.5

Brokerage 367

Brokerage Agents Industrial Closing 367

Housing Wire

AUGUST 2, 2023

Daryl Owen , the founder of top California independent brokerage Nationwide Real Estate Executives , is joining eXp Realty and taking 200 agents along with him. In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesday.

Brokerage 369

Brokerage Property Management Commercial Branding 369

Housing Wire

AUGUST 4, 2023

Redfin was in the red yet again in the second quarter , but its losses are narrowing and it’s tweaking its unique brokerage model to court more experienced agents in pricey coastal areas. The brokerage and portal’s real estate services division, its principle source of revenue, dropped to $180.6 million, down from $606.9

Brokerage 356

Brokerage Sales Agents Closing 356

Housing Wire

FEBRUARY 15, 2024

As a result, the docket was listed as closed as of Thursday morning before being reopened at midday. The plaintiffs’ original motion to stay the litigation only discussed doing so for the brokerage defendants. Like the brokerage defendants, MLS PIN has also reached a settlement agreement with the plaintiffs in the Nosalek suit.

Closing 396

Closing MLS Brokerage Development 396

Housing Wire

SEPTEMBER 7, 2023

Real estate brokerage is definitely not for the faint of heart. By the numbers Consider this: It’s estimated that there are currently about 125,000 brokerage firms in the United States. With the Realtor count close to 1.6 Perhaps one of the least appealing certainties is volatility.

Brokerage 355

Brokerage Land Residential Agents 355

Housing Wire

MARCH 19, 2024

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. billion ), Douglas Elliman ($42.8

Brokerage 453

Brokerage Industrial MLS Sales 453

Housing Wire

MARCH 24, 2023

Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. These four brokerage companies did just over $20 billion in residential gross commission revenue, which shows steady growth in a down market,” said RealTrends Senior Advisor Steve Murray. “In of all Realtors.

Brokerage 421

Brokerage Branding Agents Sales 421

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Presented by: Axis Technical Group.

Lending 418

Lending Brokerage Mortgages Banks 418

Housing Wire

AUGUST 3, 2023

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. As part of his role at Real, Nartey will teach agents how to pitch the value proposition of The Real Brokerage. He will continue to grow his team through The Real Brokerage network.

Brokerage 306

Brokerage Development Agents Industrial 306

Housing Wire

NOVEMBER 29, 2021

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process.

Closing 354

Closing Title Land Brokerage 354

Housing Wire

AUGUST 10, 2023

Low-cost residential real estate brokerage is not necessarily a new phenomenon. Flat-fee firms climbing up the brokerage rankings Interestingly, in 2013 only five of the top 100 firms in the nation, according to the RealTrends 500 rankings , were flat-fee firms. Low-cost brokerage has kicked brokers in the teeth over the years.

Brokerage 346

Brokerage Industrial Agents Residential 346

Housing Wire

JULY 1, 2021

So began one of the more compelling panels at RealTrends’ “Gathering of Eagles” conference in Colorado Springs – “Intersection of tech and brokerage.”. Brokerages largely waved the white flag in building competing home listings sites. The post Real estate brokerages: Tech won’t ruin us appeared first on HousingWire.

Brokerage 442

Brokerage Technology Agents Closing 442

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 During the second quarter, Real once again delivered best-in-class growth with our agents closing a record number of transactions,” said Tamir Poleg , the CEO of Real. Like many other brokerages , the firm is still in the red (it lost over $20 million last year). compared to 8.3%

Brokerage 308

Brokerage Agents Title Lending 308

Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

Closing 320

Closing Title Loan Officer Technology 320

Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual RealTrends 500 ranking. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass. It notched $151.7

Brokerage 505

Brokerage Residential MLS Sales 505

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. RealTrends Brokerage Compensation Report. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. Broker Studies.

Brokerage 391

Brokerage Principal Branding Agents 391

Housing Wire

OCTOBER 23, 2023

We’ve learned a few things along the way, and if you’re thinking about selling your real estate brokerage firm, whether next month or five years from now, one of our biggest pieces of advice can be captured in two words — clean data. Clean data vs. dirty data So what data should be clean? Data cleanliness can make or break a transaction!

Due diligence 383

Due diligence Brokerage Staging Agents 383

Housing Wire

SEPTEMBER 30, 2020

Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty , giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City. The post Howard Hanna acquires New York brokerage Rand Realty appeared first on HousingWire.

Brokerage 435

Brokerage Commercial Title Closing 435

Housing Wire

JULY 12, 2021

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times reported that SoftBank -backed Better bought Trussle for a “cut-price,” one that values the mortgage brokerage at just $9 million.

Brokerage 413

Brokerage Mortgages Loan Officer Banks 413

Housing Wire

MARCH 29, 2022

Top movers is a ranking of the 50 firms in the RealTrends 500 that had the largest increase in closed sides or largest increase in sales volume between 2020 to 2021. Rounding out the top five are HomeServices of America (+44,878), Realogy Brokerage Group (+43,155) and United Real Estate (+21,548). Top 50 movers by transaction sides.

Closing 320

Closing Brokerage Sales Agents 320

Housing Wire

JANUARY 28, 2022

The second annual Finance Leaders award will be closing today, but there’s still time to nominate someone before the end of the day! We’re looking for strategic finance executives who are enabling, supporting and navigating this growth and innovation within mortgage banking or a real estate brokerage.

Finance 328

Finance Closing Banks Brokerage 328

Housing Wire

MARCH 18, 2024

They could look at a listing and know what they were going to get paid if their client’s deal closed, and now that is not going to be how it works.” It is going to go back to the way it was many, many years ago, when each brokerage had their own three-ring binder with their own listings in it,” Danzey said. “It

Industrial 436

Industrial Brokerage MLS Agents 436

Housing Wire

APRIL 4, 2022

Bay Equity CEO Brett McGovern also touted the benefits of the acquisition, saying, “Being a part of Redfin will help us meet customers more efficiently, which means we can give Redfin homebuyers competitive rates while delivering a seamless experience from pre-approval to close.”. Cracking the code on marketing to the realtor channel.

Closing 368

Closing Mortgages Loan Officer Pre-approval 368

Inman

SEPTEMBER 27, 2023

NYC-based brokerage Compass has acquired Realty Austin and Realty San Antonio for an undisclosed amount. The brokerage closed $5.24B in 2022 sales volume.

Brokerage 179

Brokerage Closing Sales 179

Housing Wire

APRIL 5, 2022

The 2022 RealTrends 500 brokerage companies are breaking records. Close behind was Compass , with an increase of 1,692%. RealTrends has been the undisputed leader in the ranking of real estate brokerage firms, agents and teams. 3 of the Top 5-Year Movers by Sales Volume Percentage. eXp Realty was No. eXp Realty was No.

Brokerage 364

Brokerage Sales Agents Closing 364

Inman

MAY 1, 2024

The company has roughly 500 agents and closed $665 million in sales in 2023. The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program.

Brokerage 195

Brokerage Closing Agents Sales 195

Housing Wire

SEPTEMBER 9, 2020

Spurred by the impact of the coronavirus, the partnership closed more than 1,600 RON transactions in the first half of 2020, a more than 200% increase over the 500 RON transactions that they closed in all of 2019, the companies told HousingWire. “We It’s a welcome improvement.”. We have continued to grab market share.”

Title 365

Title Closing Branding Brokerage 365

Housing Wire

SEPTEMBER 22, 2021

The fastest growing brokerage in insurance industry history, Acrisure , announced Wednesday that it has acquired title insurance and settlement service provider Tempo Title , marking its entrance into the real estate services business. The post Insurance brokerage Acrisure buys Tempo Title appeared first on HousingWire.

Title 278

Title Brokerage Branding Construction 278