Housing Wire

MAY 13, 2024

Today, we have significantly added to our presence in the Southeast, welcoming the top brokerage in Tennessee,“ Reffkin said in a statement. In 2023, Park Real Estate agents closed 9,776 transaction sides for a total of $6.245 billion in sales volume, making it the No. 1 brokerage in the state by sales volume and the No.

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Brokerage Branding Agents Closing 375

Housing Wire

JUNE 25, 2024

Austin-based independent brokerage TJ Lewis Real Estate is affiliating with Keller Williams , according to an announcement on Tuesday. In 2023, TJ Lewis closed 141 transaction sides for a total of $39.5 According to the news release, TJ Lewis will affiliate directly with Keller Williams’ Austin Southwest market center.

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Brokerage Agents Closing Sales 397

Housing Wire

DECEMBER 19, 2024

As 2025 approaches, The Real Brokerage is heading into the new year with more growth-centered momentum. The digital brokerage platform announced another major affiliation this week to strengthen its presence in the luxury market. Real announced this week the affiliation of Urban Nest Realty , a Las Vegas -based brokerage.

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Brokerage Agents As-is Industrial 380

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.

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Brokerage Agents Industrial As-is 447

Housing Wire

APRIL 24, 2024

Photo credit: AJ Canaria Hilary Saunders , the co-founder and chief broker officer at Side , sees the current challenges facing the real estate industry as yet another opportunity for brokerage models to further evolve. “I The brokerage models have to adapt,” Saunders said.

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Brokerage Staging Agents Industrial 396

Housing Wire

JUNE 20, 2024

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. Each LO is closing 12 loans per month with an eventual goal of 15 to 20.

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Lending Brokerage Loan Officer Loans 446

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.

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Brokerage Equity Branding Agents 412

Housing Wire

MAY 3, 2024

eXp Realty has acquired Broker’s LLC , a 500-agent independent brokerage based in South Florida and founded by Claudia Serna, eXp announced on Thursday. In 2023, Broker’s LLC amassed over $500 million in closed sales through 1,694 transactions, an eXp news release stated.

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Brokerage Agents Closing Sales 370

Housing Wire

APRIL 8, 2024

Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The brokerage will pay $9.25 The Real Brokerage closed $14.4 The Umpa suit is the only commission lawsuit in which Real has been named as a defendant.

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Brokerage Agents Technology Sales 356

Housing Wire

MARCH 18, 2024

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Additionally, the drop in active agent count, representing those agents with a closing in the last 12 months, has been halted. respectively.

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Brokerage Agents MLS Closing 340

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.,

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Brokerage Branding Agents Sales 447

Housing Wire

AUGUST 25, 2024

With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job. Here’s why: Good software might help your brokerage stay afloat in a post-lawsuit market. The looming chaos from the commission lawsuits sure isn’t helping.

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Brokerage Branding Agents MLS 371

Housing Wire

AUGUST 23, 2024

Worth Clark operates in 18 states and is ranked as the 39th-largest independent brokerage in the country. But Michaelis also doesn’t believe that the settlement-mandated changes will affect what the brokerage does in the market. “I A lot of it has to do with our referrals from our own agents,“ he said.

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Brokerage Property Management Agents Industrial 379

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.

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Brokerage Branding Technology Agents 373

Housing Wire

AUGUST 2, 2024

But when it comes to the financial performance of their brokerages, industry analysts don’t believe the changes will be the end-all, be-all. “It But an advantage could potentially be given to brokerages that put concerted effort into helping their agents be more efficient and productive. 17 — are top of mind. Tomasello asked. ”In

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Brokerage Agents Industrial Technology 379

Housing Wire

SEPTEMBER 5, 2024

Access your growth playbook From the pandemic-fueled frenzy to the sobering reality of a post-pandemic slowdown,, real estate brokerages were locked in a relentless quest for growth—eager to expand market share while trimming operational fat. However, RealTrends GameChangers defied the odds and outperformed their peers.

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Brokerage Residential Closing Agents 327

Housing Wire

APRIL 22, 2024

In fact, the sweet spot for acquisitions over the next couple of years is going to be the small one-office brokerage firms.” With the headwinds facing the real estate industry, Wright and Murray believe smaller brokerage firms will be looking for a place to land, making acquisitions a possibility for even one-office, 25 agent firms.

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Brokerage Purchase and sale agreement Title Industrial 374

Housing Wire

DECEMBER 11, 2023

In 2014, Bentley started his team at RE/MAX with Christie and four other agents, by 2016 the team had expanded to 10 agents and in 2018 they transitioned from a team to an independent brokerage, Bentley’s Real Estate. According to the release, the firm closed more than $350 million in volume in 2022. “We

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Closing Brokerage New Construction Agents 413

Housing Wire

AUGUST 6, 2024

17 implementation deadline for these changes, brokerages like eXp are finding themselves sorting out their forms. As the largest brokerage in the country by transaction sides in 2023, Pareja said it made sense for eXp to create its own forms. “We And as the clock continues to count down to the Aug.

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Brokerage MLS Agents As-is 448

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

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Brokerage Industrial MLS Sales 430

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.

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Closing MLS Brokerage As-is 371

Housing Wire

OCTOBER 31, 2024

The family-owned brokerage firm announced the completion of two acquisitions on Wednesday. According to Howard Hanna, Alliance Group closed over $140 million in sales volume in 2023. It has already been a busy week for Howard Hanna Real Estate Services (HHRES) and it is only Thursday.

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Brokerage Agents Closing Sales 335

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.

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Banks Brokerage Mortgages Loans 368

Housing Wire

AUGUST 1, 2024

The company has added independent brokerage Delhougne Realty Group , a St. Despite recent additions, eXp’s agent count has dropped to 87,111, down 1% year over year, although the company noted that 75% of the agents who left recently didn’t close more than two deals. eXp Realty is expanding its footprint in Missouri.

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Brokerage Agents Design Closing 319

Housing Wire

NOVEMBER 21, 2024

In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the closing table this coming year. Use my well-worn, proven scripts below to build connection and close more deals. I’m so excited for you. in case you need them for your new home.

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Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. million in cash paid on the closing date, $1.5 Publicly traded real estate software firm reAlpha Tech Corp. reAlpha agreed to pay Be My Neighbor an aggregate purchase price of up to $6 million. This consists of $1.5

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Brokerage Mortgages Technology Branding 360

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. That’s probably why so many title and closing firms have tried their hand at CRE business in the effort to diversify. And why not?

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Commercial Brokerage Due diligence Title 392

Housing Wire

SEPTEMBER 13, 2024

Ryan Serhant and his brokerage SERHANT. HousingWire real estate reporter Jeff Andrews sat down with Serhant to talk about the show, how it changed his life and the brokerage, and what he sees coming in the industry following the commision settlement by the National Association of Realtors (NAR). At this point, we’ve gained, I think, 1.3

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Brokerage Branding Agents MLS 331

Housing Wire

SEPTEMBER 10, 2024

With competition for online leads heating up, we think AgentFire’s brand-first approach can be a game changer for brand-conscious agents, teams and even boutique brokerages. Their most customized, fully supported options are expensive, but they are perfect for teams and brokerages with established brands and lead nurturing systems in place.

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Brokerage Agents Branding Land 365

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

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Industrial Brokerage MLS Agents 419

Housing Wire

DECEMBER 23, 2024

“The facts are clear data shows one third of consumers with a loan application already in progress with Rocket Mortgage, before contacting Rocket Homes, chose to close with a different lender. Rocket Homes also repeatedly pressured real estate brokerages to hit a capture rate of 80%.

Brokerage 412

Brokerage Mortgages Agents Closing 412

Housing Wire

DECEMBER 2, 2024

According to a press release, the merger is expected to close in 2025 and is subject to regulatory approval. In an 8-K filing with the Securities and Exchange Commission (SEC), Compass informed its shareholders that it will purchase the companies for $150 million in cash at closing, along with roughly 44.13 brokerages.

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Brokerage Closing As-is Sales 424

Housing Wire

NOVEMBER 14, 2024

Here’s four strategies for leaders looking to maximize growth and position their brokerages and teams for success. It also provides your agents with consistent closings, creating a more predictable and growth-focused pipeline. First, you free up your agents to focus on what they do best: closing deals.

Brokerage 379

Brokerage Technology Agents Closing 379

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

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Industrial Seller concession Purchase and sale agreement Agents 514

Housing Wire

JANUARY 11, 2024

One potential stream that quickly comes to mind is the potential of capturing title and closing business. For the most part, many brokerages and real estate agents on the buyer’s side of the transaction have continued on with a “business as usual” approach until we have certainty as to the true impact.

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Title Brokerage Construction Closing 436

Housing Wire

APRIL 17, 2024

Key highlights from this month’s AMI show that the decline in the number of active agents, those with a closing in the past year, has plateaued. Moreover, the AMI reveals an upward trend in agents switching between brokerages, though the expected peak for March fell short of previous highs, the overall trend continues generally upward.

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Agents MLS Brokerage Closing 406

Housing Wire

APRIL 19, 2024

The recent commission lawsuits have had a profound impact on real estate agents and brokerages as they face increased scrutiny and pressure to provide more transparency in their commission structures and potential conflicts of interest. Nominations for HousingWire’s 2024 Marketing Leaders Leaders award are open now through April 30th, 2024.

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Brokerage Branding Agents Industrial 448