Housing Wire

FEBRUARY 13, 2024

We were down by about 30% in (home) sales last year, but generally our members are very optimistic that there is going to be a significant rebound this year.” New construction is backed up,” she said. About two weeks ago at our brokerage, the amount of activity we were seeing on listing kind of went up quickly,” Ellison said. “We

New Construction 433

New Construction Construction Agents Development 433

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 410

Brokerage Branding Agents MLS 410

Housing Wire

FEBRUARY 21, 2024

A small but growing sector Cushman & Wakefield notes build-to-rent homes have become “increasingly attractive to the investment community,” with sales of build-to-rent communities reaching $3 billion in 2022. Sales were half that in 2023, but the commercial real estate brokerage notes that $1.5

Investor 492

Investor Construction Commercial Sales 492

Housing Wire

AUGUST 16, 2023

Greg Vogel, the founder and CEO of Land Advisors , a Scottsdale-based land brokerage, had some stronger words about the analysis and the building ordinance. On August 4, 2023, 5,259 single family homes were for sale in Maricopa County, down from 11,890 homes on August 9, 2019, according to data from Altos Research.

Construction 366

Construction Agents Residential Development 366

Housing Wire

AUGUST 16, 2024

billion in sales since 2018. The team has a particularly large footprint in sales of new developments, having sold 1,500 newly constructed condominiums. On the brokerage’s second-quarter 2024 earnings call , Compass laid out an aggressive plan for expansion in major markets across the company, having identified 30 of them.

Principal 436

Principal Brokerage Development Construction 436

Housing Wire

AUGUST 5, 2022

Construction gained 32,000 jobs in July, with residential building gaining 2,900 jobs and residential specialty trade contractors gaining 11,200 jobs. Employment in the construction sector is now 82,000 jobs higher than in February 2020. rates in the months before the pandemic.

Residential 448

Residential Construction Banks Mortgages 448

Housing Wire

OCTOBER 24, 2023

last year, has joined brokerage firm UMortgage , the company announced on Tuesday. He’ll join forces with fellow veteran loan originator Jay Bunte in the brokerage firm. years and did some other sales jobs before joining the mortgage space about a decade ago. Arizona-based Gade, a graduate of the U.S. and Paramount Bank.

VA loan 448

VA loan Loans Loan Officer Brokerage 448

Housing Wire

AUGUST 29, 2023

Recruitment is a crucial determinant of growth and success for real estate brokerages. Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage.

Brokerage 369

Brokerage Staging Branding Agents 369

Housing Wire

JANUARY 11, 2024

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. Such an approach would likely tend toward a transactional, brokerage-focused revenue model.

Title 468

Title Brokerage Construction Closing 468

Housing Wire

OCTOBER 9, 2024

On Wednesday, the brokerage announced that Leominster, Massachusetts -based Lynn Walsh and Charlotte -based Victoria Speer are coming back to the firm. She has more than 25 years of real estate industry experience, and she specializes in lake properties and new construction. This earned her the No. million estate on Lake Norman.

Agents 435

Agents Commercial New Construction Title 435

Housing Wire

JANUARY 9, 2023

Construction starts in the BFR market are being propelled by the ongoing demand for single-family rental units as high mortgage rates and limited for-sale inventory push home-purchase prospects further out of reach of many would-be homebuyers. In addition, JP Morgan Chase & Co.

Marketing 545

Marketing Construction Development Investor 545

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. It has patiently prepared for a downturn and didn’t layoff a single employee in the past two years, said Rick Trew, vice president and regional sales manager at WesBanco. “We

Mortgages 476

Mortgages Banks Brokerage Loans 476

Housing Wire

AUGUST 5, 2024

” Rechat will offer its suite of tools and services to all Peerage Realty brokerages. ” Peerage Realty Partners serves luxury home markets through 206 offices and 6,100 sales representatives across the U.S. Its partners include several independent firms that deal in residential resales and new construction marketing.

Technology 403

Technology New Construction Residential Construction 403

Housing Wire

MARCH 31, 2025

Led by Jamison Frost and Valen Lindner, the team has closed more than $1 billion in career sales and is known for representing some of the most exclusive properties in Park City. Previously with Summit Sothebys International Realty , Frost and Lindner have built a reputation for high-impact sales and marketing strategies.

New Construction 233

New Construction Development Branding Construction 233

Housing Wire

DECEMBER 6, 2024

For example, tips on home staging for a quick sale, how to get top dollar for a property, or advice on how to improve curb appeal are all topics that a seller might be interested in. RealEstateNews.com Tech trends, real estate news, brokerage and agent trends and news, and a data and research resource.

Pre-approval 391

Pre-approval Design Industrial Agents 391

Housing Wire

JULY 28, 2021

Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. Sales of newly built, single-family homes fell 6.6% Despite the recent cooling trend, new home sales are up 13.5% on a year-to-date basis.

Construction 418

Construction Development Sales Agents 418

Housing Wire

DECEMBER 11, 2023

Ruehrwein, who became a licensed agent in 2017 after working in the new construction industry for 28 years, serves clients in Rehoboth and surrounding Massachusetts towns, as well as East Providence and the Narraganset area of Rhode Island. “My The independent brokerage, which now has over 50 agents was founded in 2010 by Claude Blackman.

Closing 435

Closing Brokerage New Construction Agents 435

Housing Wire

MAY 14, 2024

The Marcus Skenderian Real Estate Group works across commercial real estate , architecture, construction , development and residential sales. million in sales last year. In 2023, the team was ranked No. 1,255 among small real estate teams in California, according to the RealTrends Verified rankings. The team recorded $24.1

Commercial 420

Commercial Residential Construction Technology 420

Housing Wire

FEBRUARY 24, 2022

billion revenue, which mostly stems from a 5% sales fee charged to home sellers and proceeds from flipping homes. But like real estate brokerage Compass , another company significantly financed by the SoftBank Vision Fund , Opendoor has constructed an empirically money-losing business model with little sign of reversing course.

Title 459

Title Investor Finance Brokerage 459

Housing Wire

APRIL 30, 2024

In the newly proposed rules handed down in October, the H4P program would, in certain circumstances, allow for inclusion of an interested party contribution of up to 6% of a home’s sale price. Broker perceptions Scott Harmes, the national manager of the reverse division at brokerage C2 Financial , believes that HUD’s changes are constructive.

Mortgages 424

Mortgages Closing costs Equity Construction 424

Housing Wire

JULY 26, 2021

In the process, they had to rent a home for four months between their sale and their purchase given “simultaneous closings” are not a practice there. They paid a 1% transfer tax, called the Stamp Duty, (which can be 2% or 3% depending on sale price) also assessed on the final sales price. All in all, my parents paid 4.5%

MLS 397

MLS Purchase and sale agreement Brokerage Closing 397

Housing Wire

AUGUST 16, 2023

Meanwhile, permits for future construction eked a 0.1% Meanwhile, there are just over one million multifamily units under construction, a record. Declines in the current pace of sales and the next six months pushed the index down, said George Ratiu, chief economist at Keeping Current Matters. Census Bureau. That was up 3.9%

Construction 333

Construction New Construction Brokerage Mortgages 333

Housing Wire

MARCH 20, 2024

Trading volumes in eight residential brokerage or listings companies rocketed up 319% to almost 80 million shares on Friday. However, the company still makes the vast majority of its revenue – 75% in 2023 – from the services it provides brokers and agents in the for-sale residential market.

Investor 478

Investor Residential Agents MLS 478

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). This isn’t a new story in mortgage lending or real estate brokerage. “Hey Clayton …” and a link. In 2016 LLR led a $26.5 Jobs are important.

Technology 392

Technology Brokerage Lending Mortgages 392

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity.

Loan Officer 395

Loan Officer Pre-approval Marketing New Construction 395

Housing Wire

NOVEMBER 3, 2023

Because the larger brokerage firms, historically, tend to represent more buy side than sell side, they “may be looking at a big loss of revenue,” says Murray. ” So, he recommends brokerages “manage their companies away from a sales office-based culture.” “He got up to 20% to 30%, as I recall.”

MLS 344

MLS Brokerage Property Management Agents 344

RIS Media

APRIL 19, 2024

The white-glove full-service company assists clients in a wide range of real estate transactions, including assistance with luxury residential listings, ranch and rural properties, new construction, commercial sales, land sales and… The post Oklahoma Brokerage Affiliates with Better Homes and Gardens Real Estate appeared first on RISMedia.

Brokerage 119

Brokerage New Construction Commercial Land 119

Housing Wire

FEBRUARY 8, 2024

To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals.

Agents 434

Agents Construction Design Branding 434

Housing Wire

AUGUST 16, 2024

But multifamily construction starts have slowed , which is good news for landlords looking to increase rents. Additionally, the brokerage noted that the increase in investor activity is being driven by single-family home purchases, which were up 6.7% annually in Q2 2024. and 1.9%, respectively.

Investor 468

Investor Lending Equity Mortgages 468

Housing Wire

JULY 17, 2023

For example, Redfin , a real estate brokerage firm, adopts VR to offer virtual walkthroughs of properties with QR codes. Fortunately, VR provides a cost-effective alternative by allowing agents to stage listings for sale without incurring additional expenses. New agents can also practice their sales and negotiation skills.

Technology 331

Technology Staging Development Agents 331

Inman

FEBRUARY 24, 2023

A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according to data released Friday by the U.S. Census Bureau.

Sales 167

Sales Construction Mortgages Brokerage 167

Housing Wire

MARCH 2, 2022

Beyond just a record number of purchases by the iBuying companies, the number of completed home sales (44,933) also exceed the previous high from 2019 (28,265). Despite this, the median sale price remained above the overall U.S. median sales price of $335,060. million in net income.

Sales 370

Sales Construction Investor Closing 370

Housing Wire

OCTOBER 21, 2020

” Even though the average home sale price in Massachusetts is the highest it’s been in the last 10 years , Lamacchia said there are bidding wars everywhere and single-family homes are “just flying off the shelves.”. . “Anything right outside of Boston is going like wildfire, but especially the single-family homes.”

Marketing 545

Marketing Agents New Construction As-is 545

Housing Wire

APRIL 1, 2024

In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period. The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages. The annual investment volume in the U.S.

Equity 464

Equity Finance Purchase and sale agreement Investor 464

RIS Media

OCTOBER 4, 2024

With seven offices and over 50 affiliated sales associates, the family-owned brokerage offers real estate services in residential, commercial, new construction, land development and rental properties… The post Multi-Office Louisiana Brokerage Joins Better Homes and Gardens® Real Estate appeared first on RISMedia.

Brokerage 105

Brokerage New Construction Commercial Land 105

Toronto Realty Blog

JULY 4, 2023

TorontoRealtyBlog Do you remember the good old days of pre-construction condominiums? I remember when, among other things, you could purchase a pre-construction condo with a mere 5% deposit. That was the reason to buy pre-construction condos back in 2004, not to mention that absurd 5% deposit structure. And that was it.

Construction 98

Construction Development Brokerage Equity 98

Housing Wire

DECEMBER 29, 2021

In 2020, Cabellero reported 6,409 transaction sides — or 18 home sales a day — for a deal volume of $2.2 The staggering home sale numbers perhaps distract from the fact that Caballero arguably does have a major insight — Homebuilders are traditionally too estranged from real estate. So, who in the world is Ben Caballero?

MLS 401

MLS Agents Sales Staging 401