Housing Wire

NOVEMBER 1, 2024

Last but not least, real estate agents prepare documents such as closing documents, purchase agreements, and leases while ensuring that the transaction is in compliance with local laws and their client’s terms are met. An agent may also be present at closings to review closing documents and help guide their client through the final steps.

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

JANUARY 11, 2022

Unlike other HousingWire awards, Finance Leaders focuses specifically on corporate finance, secondary marketing, capital markets or strategic finance executives within mortgage banking or a real estate brokerage only. The post Nominations for HousingWire’s Finance Leaders award are now open!

Finance 418

Finance Residential Title Mortgages 418

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.

Brokerage 467

Brokerage Purchase and sale agreement Title Industrial 467

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 448

Brokerage Mortgages Loan Officer Banks 448

Housing Wire

MARCH 20, 2025

Rocket Companies hopes to close a $1.75 billion deal to acquire resi brokerage and portal Redfin in Q2 or Q3 2025. After the deal was announced, CEO Varun Krishna told investors that he expects a lift in purchase mortgage growth after the deal closes. billion deal for Redfin.

Mortgages 281

Mortgages Loan Officer Brokerage Loans 281

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

Brokerage 458

Brokerage Mortgages Technology Branding 458

Housing Wire

NOVEMBER 4, 2024

But for first-time and other cash-strapped buyers—those who are not relying on the proceeds of a home sale, who may be using a 100% financed VA loan, whose agents may be layering forms of assistance to put together enough cash for closing—knowing in advance about the seller’s contribution to their agent costs may be essential.

Debt-to-income ratio 321

Debt-to-income ratio Agents VA loan MLS 321

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.

Brokerage 435

Brokerage Branding Agents MLS 435

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 476

Brokerage Agents Industrial As-is 476

Housing Wire

FEBRUARY 19, 2025

For example, a partnership with a mortgage broker make sure clients receive fast, reliable financing options that help the team close deals faster. Additionally, many of the highest quality ones are closed, meaning they arent exactly taking on new partnerships. So, why not put your team ahead.

Branding 345

Branding Technology Brokerage Title 345

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

MARCH 31, 2025

billion deal comes just weeks after the Detroit-based lender announced its acquisition of real estate brokerage Redfin for $1.75 The deal, which is expected to close in the fourth quarter of 2025, integrates the largest servicer in the country into Rockets flywheel. Rocket Companies industry-shaking plan to acquire Mr. Cooper in a $9.4

Technology 335

Technology Mortgages Industrial Title 335

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 389

Title Brokerage Branding Construction 389

Housing Wire

FEBRUARY 3, 2025

Love them or hate them, profit share and revenue share real estate brokerage models appear to be on the rise, highlighted by the rapid ascent of both eXp Realty and The Real Brokerage over the past roughly 15 years. The agents all know what our finances are and they see our balance sheet each month. Pareja said.

Brokerage 394

Brokerage Agents As-is Closing 394

Housing Wire

APRIL 1, 2024

In addition to that, conventional underwriting does not serve the new-age economy such as gig workers, so you are seeing this demand for alternative financing. “And The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages.

Equity 468

Equity Finance Purchase and sale agreement Investor 468

Housing Wire

DECEMBER 27, 2024

Fleet Homes Real Estate Team – Keller Williams Real estate teams are comprised of real estate agents and other professionals working together towards one common goal to close deals. Depending on the team’s structure, agents can work closely together or independently. Teams are led by a team leader.

Purchase and sale agreement 418

Purchase and sale agreement Branding Agents Closing 418

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 448

Banks Brokerage Mortgages Loans 448

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

Lending 349

Lending Technology Title Development 349

Housing Wire

APRIL 4, 2022

million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. The post Redfin closes $138M deal for mortgage lender appeared first on HousingWire. Cracking the code on marketing to the realtor channel.

Closing 370

Closing Mortgages Loan Officer Pre-approval 370

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

Brokerage 433

Brokerage Branding Agents MLS 433

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?

Commercial 448

Commercial Brokerage Due diligence Title 448

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 448

Due diligence Brokerage Staging Agents 448

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

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 370

Brokerage Agents Title Lending 370

Housing Wire

NOVEMBER 4, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Angela is the 11th-ranked agent in the state by sales volume, closing 38 sides and $29.82 For this, I turned to New Hampshire-based Cohen Closing & Title , where another cousin is the director of business development.

Purchase and sale agreement 435

Purchase and sale agreement Inspection contingency Inspection Title 435

Housing Wire

JULY 1, 2024

Proper Rate , a joint venture between Guaranteed Rate and residential brokerage @properties , has tapped Chris Knapp to lead the company as president. Chicago-based @properties is the nation’s eighth-largest brokerage firm by closed sales volume, according to 2023 data from the RealTrends Verified rankings.

Brokerage 448

Brokerage Residential Branding Mortgages 448

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. Assisting homebuyers and their agents adds more to an LO’s plate.

Industrial 514

Industrial Seller concession Purchase and sale agreement Agents 514

BAM Media

OCTOBER 22, 2024

Real RISE 2024 kicks off today, October 22nd, with some exciting new developments in AI and fintech for real estate agents who’ve joined (or will join) the brokerage. Last Friday, October 18, Real President Sharran Srivatsaa gave the closing presentation at our own in-person event, BAM Mania. Read on for the highlights. and Canada.

Brokerage 98

Brokerage Development Branding Technology 98

Housing Wire

AUGUST 5, 2024

Peerage is a top-10 residential real estate services firm that operates across North America and is closely connected with Sotheby’s International Realty. ” Rechat will offer its suite of tools and services to all Peerage Realty brokerages. . and Canada. .” and Canada.

Technology 450

Technology New Construction Residential Construction 450

Housing Wire

JUNE 28, 2024

a provider of shared equity financing products, announced Thursday that it hired Paul Giangrande as a corporate executive vice president and president of its mortgage division. At AmeriCash, he oversaw more than 300 employees and helped the company close more than $18 billion in home loans. San Jose -based EquiFi Corp. ,

Equity 396

Equity Purchase and sale agreement Mortgages Finance 396

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. According to the brokerage, 6.5% And because mortgage rates have been above 7% for about two months consecutively, the cost of financing is extreme.

Mortgages 516

Mortgages Principal Brokerage Finance 516

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.

Agents 448

Agents MLS Brokerage Industrial 448

Housing Wire

NOVEMBER 15, 2023

mortgage lender, has decided to close its wholesale channel, which produced over $1 billion in volume in the first half of this year. decline year over year, according to Inside Mortgage Finance (IMF) estimates. Providence, Rhode Island-based Citizens Bank , the 28th largest U.S. In the first half of the year, Citizens originated $2.4

Banks 468

Banks Mortgages Finance Brokerage 468

Housing Wire

JULY 21, 2023

Maggie Wu has returned to Compass , and she’s bringing her four-person The W Team to the New York brokerage. In December 2021, she had left Compass to join the young brokerage SERHANT. With the move, Wu returns to where she began her career as junior partner on the Jing Chen Team in 2019. where she launched her own team.

Brokerage 369

Brokerage Finance Investor Technology 369

Housing Wire

AUGUST 30, 2024

The website, which claims it is not a brokerage, allows homebuyers to select services from real estate agents and pay for them a la carte. Our services are designed to complement your transaction efforts, offering a streamlined, efficient alternative to traditional brokerage services without providing legal or financial advice.”

Purchase and sale agreement 459

Purchase and sale agreement Brokerage Agents Closing 459

Housing Wire

JUNE 16, 2022

despite a challenging mortgage market in which real estate brokerages are laying off staff. The Scottsdale, Arizona-based company secured $60 million in equity and $55 million in debt financing, according to a Thursday news release from the firm. The deal is expected to close in coming weeks. .

Lending 370

Lending Brokerage Equity Finance 370

Housing Wire

JULY 18, 2022

And mortgage brokerages, which don’t have the burden of high overhead, are heavily recruiting retail LOs whose pipelines have thinned in recent months. Several large mortgage brokerages see the market-wide volatility as a recruiting tool. Purchase applications are where brokerages really shine in the first place.”.

Mortgages 476

Mortgages Banks Brokerage Loans 476