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SERHANT. secures $45M to further develop its AI platform

Housing Wire

Ryan Serhant ’s eponymous brokerage has been in rapid growth mode this year following the success of the Netflix show “Owning Manhattan,” and now investors want in on the action. Technologies, the umbrella company that includes the brokerage — will be used to develop the company’s AI platform known as S.MPLE.

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The Real Brokerage is betting big on AI to fuel organic growth in 2025

Housing Wire

While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year. I think 2025 is going to be another major growth year for us,” Poleg said.

Brokerage 397
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Compass’s recent performance points to the future of real estate brokerage

Housing Wire

By contrast, legacy brokerages did not perform nearly as well. Among publicly traded companies, Compass has done technology development and implementation better than most of its peers. Among publicly traded companies, Compass has done technology development and implementation better than most of its peers.

Brokerage 312
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FirstTeam’s Michele Harrington talks innovative recruitment strategies for brokerages

Housing Wire

Michele Harrington: After entering real estate sales right out of the Marine Corps , I built my own brokerage. Our licensing school brings in brand-new agents, whom we train and develop to help them become superstars. The duo start the conversation by exploring Harrington’s path into the CEO’s role at FirstTeam. Why is that?

Brokerage 395
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Compass strikes again with leadership changes in the Southeast

Housing Wire

Leading brokerage Compass announced some key leadership moves this week to bolster its operations in the Southeast, including Florida. The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. Adam Vellano was promoted to managing director of the South Florida market.

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William Raveis acquires Nantucket-based Jordan Real Estate

Housing Wire

Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE). Co-owners Gloria Grimshaw and David Callahan acquired the brokerage from founder Lucille Jordan in 2007.

Brokerage 369
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Parties in the Hooper commission lawsuit seek preliminary settlement approval

Housing Wire

The Hooper commission lawsuit plaintiffs and the brokerage defendants that have reached proposed settlement agreements are looking to make things official. The four brokerages have agreed to business practice changes, as well as total payments of $44.05

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