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. When you buy through our links, we may earn a commission.

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Housing Wire

JULY 24, 2024

” Chris Cox , chief technology and digital officer at Keller Williams , said the brokerage’s mantra is to put “data that we have to work to make our agents more successful.” The settlement agreement also mandates that MLS participants working with buyers enter into a written buyer-broker agreement.

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Housing Wire

OCTOBER 23, 2020

Stone Point Capital has purchased Vista Equity Partners’ stake in real estate software company Lone Wolf Technologies. ” Lone Wolf provides real estate technologies to over 1.5 million agents, 8,000 brokerages and hundreds of MLS ’ and associations in North America. To join the HW+ community, go here.

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Housing Wire

AUGUST 20, 2024

Real estate technology firm Rexdat has launched its centralized, cloud-based, software-as-a-service (SaaS) platform. The product went live earlier this month, and it helps to streamline real estate services for MLSs , brokerages , appraisers , affiliates, data consumers and Realtor associations.

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Housing Wire

MARCH 12, 2021

” “The NAR and its MLS partners, which now include Zillow, are allowed to once again close off transparent access to home inventory by entering into agreements among themselves that disadvantage all but their own membership; consumers and competition will suffer,” read the lawsuit. Real Estate Tech Demo Hour.

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Housing Wire

OCTOBER 4, 2021

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. Other top lead generating tools included customer relationship management (31%) and MLS sites (28%).

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Housing Wire

AUGUST 22, 2024

In a lawsuit filed Thursday, real estate startup Homie Technologies claims that home seller consumers were not the only ones harmed by the real estate industry’s allegedly anticompetitive practices. Utah-based Wasatch Front Regional MLS , which does business as UtahRealEstate.com , is also named as a defendant in the suit.

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MLS Brokerage Residential Technology 482

Housing Wire

JUNE 6, 2024

Relitix’s latest release of the Agent Movement Index (AMI) for April 2024 reveals a surprising shift in the dynamics of real estate agents , indicating potential changes in market conditions and strategies among brokerages. The index is calculated using national-level data from a large sample of the nation’s most prominent MLS systems.

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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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Housing Wire

MAY 3, 2024

In February , Illinois-based Baird & Warner, an independent real estate brokerage, partnered with RealReports, allowing all of Baird & Warner’s 2,000-plus agents to benefit from RealReports’s wide-ranging property data.

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Housing Wire

NOVEMBER 15, 2024

MLSs are using AI technology to catch agents who attempt to circumvent the commission lawsuit settlement terms. Most pertain to banning offers of compensation to buyer agents over the MLS, in addition to preventing MLSs from facilitating such offers to aggregator websites. But now it’s a dirty word.

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Housing Wire

DECEMBER 7, 2023

This tool uses technology from Roomvo , a home design visualization platform. Additionally, Redfin and Roomvo partnered with Bright MLS to make the tool available on all Bright MLS’ listings across the mid-Atlantic. and Redfin plans to extend its partnerships to other MLS s and brokerages.

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Housing Wire

DECEMBER 13, 2024

In addition to Jensen, John Breault, the vice president of MLS at Rhode Islands State-Wide MLS, was elected vice-chair, Melissa King, the COO of OneKey MLS , was named secretary, and Richard Renton, the CEO of Triad MLS , was named Treasurer.

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Housing Wire

OCTOBER 8, 2024

The Department of Justice could be ready to square off again with the National Association of Realtors — this time over an optional rule to prevent commingling of MLS and non-MLS listings. All of the books said they were confidential and not to give them away,” said Saul Klein, the current CEO of San Diego MLS.

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Housing Wire

AUGUST 3, 2021

Cyber security , 5G, drones and virtual reality are the technological developments expected to have the biggest impact on real estate in the next two years, according to a National Association of Realtors survey. The survey also found that 36% percent of agents spend $50-$250 per month on technology, while 23% spend more than $500.

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Housing Wire

OCTOBER 21, 2024

The remaining defendants in Homie Technologies’ antitrust suit are seeking to have the case dismissed. In the suit, Homie claims it was harmed by the anticompetitive practices of NAR and the brokerage defendants. As a flat-fee brokerage, Homie charged sellers a flat fee to list their property on the MLS.

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Housing Wire

SEPTEMBER 10, 2024

And yes, there’s an MLS feed since most are IDX-enabled. 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. Upgrades are quick and easy via their Salesforce-style Add-Ons Marketplace.

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Brokerage Agents Branding Land 448

Housing Wire

JANUARY 23, 2024

Mike’s passion for leveraging technology to facilitate online property auctions makes him a perfect fit for Xome,” the company said in the post. As a licensed brokerage , it operates in all 50 states, and its real estate database is powered mostly by MLS-listed homes in the U.S.

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Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

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Housing Wire

NOVEMBER 8, 2024

On Thursday, MLS leaders took center stage at several conference sessions, including discussions of the business practice changes driven by the NAR commission lawsuit settlement and how the role of the MLS — and the MLS-broker relationship — has evolved as a result. “I They may also need to embrace new technology.

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Housing Wire

SEPTEMBER 20, 2024

Pareja took over as CEO at eXp in April 2024 and became the first Hispanic CEO of a major real estate brokerage in U.S. Pareja also believes that collaboration is the biggest key to success in the industry, which motivated him to release eXp’s streamlined forms online for other brokerages and agents to use and benefit from.

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Agents Brokerage MLS Technology 435

Housing Wire

JULY 30, 2024

The newest round also included participation from Starwood Capital Group , Flex Capital , Stellar MLS , REcolorado MLS and the California Regional MLS. The financing round was led by Lux Capital , which also participated in the company’s Series A round.

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MLS Finance Brokerage Development 448

Housing Wire

OCTOBER 12, 2021

California Regional MLS announced the relaunch of their integrated “submit offer” feature on Tuesday. CRMLS, the country’s largest MLS , services more than 110,000 real estate professionals in southern California. Shortly after the initial launch real estate brokerage Compass agreed to acquire Glide.

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MLS Technology Brokerage Agents 424

Housing Wire

NOVEMBER 14, 2024

The new “360-degree product experience” will help brokerages and real estate professionals access data, manage listings and ensure accuracy. Rexdat — a technology firm offering a subscription-based, cloud-powered, software-as-a-service (SaaS) platform—powers the new tool.

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Branding Brokerage MLS Technology 370

Housing Wire

OCTOBER 6, 2023

million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public, and they stipulate that the brokerage conglomerate make significant changes to its practices. Anywhere will eliminate any minimum client commission requirements that company owned brokerages may have.

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Brokerage MLS Agents Branding 459

Housing Wire

JULY 30, 2024

Since the settlement agreement bans offers of compensation from the MLS, but allows for them be shared in other places, many have felt this could be the ideal solution and, understandably, several sites specifically designed to share compensation and concession information have popped up. From this, HomeKick was born.

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MLS Technology Agents Design 459

Housing Wire

APRIL 26, 2021

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. In effect, said one Bay Area broker, who requested anonymity to speak candidly, “All the agents in California were starting to use Glide for backroom technology.”.

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Housing Wire

JUNE 4, 2024

The recent announcement of Homie’s decision to strip its brokerage services and end employment for its real estate agents has once again brought the discussion of alternative models in real estate to the forefront. Many limited service brokerages have faced similar hurdles in their quest to disrupt the status quo.

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Housing Wire

JULY 25, 2024

On Wednesday, MRI Software — the parent company of CTM eContracts , which serves nearly 40,000 Colorado real estate professionals — sent a letter to subscribers informing them of the firm’s Indication of Interest (IOI) in the purchase of REcolorado, a multiple listing service (MLS) with 26,000 members. Real Estate.

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Housing Wire

APRIL 13, 2021

But, ironically, the emerging NAR-Zillow proxy battle comes three months after Zillow announced it is an NAR-member real estate brokerage. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. SentriLock will have its platform available on all MLS services by this summer.

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Housing Wire

OCTOBER 1, 2024

The second involves the home shopping process, as the platform keeps track of properties the buyer has toured by integrating MLS data. The product offers white-label branding that allows buyer agents and brokerages to customize the interface for their clients.

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Agents MLS Brokerage Branding 448

Housing Wire

SEPTEMBER 19, 2023

BeachesMLS ’ and MIAMI REALTORS SEFMLS , South Florida ’s two largest Multiple Listing Services (MLSs), have begun providing complete listing data to Nestfully , a public search portal sourced directly from the MLS, the company announced last Wednesday. If added together, Nestfully’s five MLSs have 343,000+ agent and brokerage subscribers.

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MLS Brokerage Agents Technology 435

Housing Wire

OCTOBER 3, 2023

According to an article by HousingWire Reporter Brooklee Han, initially filed in April 2019, the lawsuit takes aim at NAR’s Participation Rule , which requires listing agents to make a blanket offer of compensation to buyers’ agents in order to list the property on a Realtor-affiliated multiple listing service (MLS). It ranked No.

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Brokerage MLS Agents Technology 458

Housing Wire

JULY 25, 2024

Real estate brokerage Radius Agent is launching its own Transaction Management Suite (TxM Suite), according to an announcement on Thursday. The TxM Suite is part of the existing Radius Office app and is integrated with the brokerage’s AI assistant, Mel. “TxM Suite eliminates complexity with one intuitive platform for every step.

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Housing Wire

NOVEMBER 7, 2023

million after the brokerage paid its commissions and related expenses. The primary MLS in the area, non-Realtor owned Northwest MLS , in 2019 eliminated a requirement that listing brokers offer buyer brokers a commission to submit a listing to the MLS. “At Revenue decreased by 10% year over year to $1.34

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Housing Wire

NOVEMBER 16, 2023

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. In fact, 86% of homes that are sold in the US are listed on the MLS.

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MLS Residential Technology Agents 448

Housing Wire

FEBRUARY 5, 2024

With this capital infusion, the company aims to accelerate its product development, grow its team and pursue market penetration with real estate brokerages, MLS associations and other proptech companies nationwide. “We TTV Capital , Moderne Ventures , Erez Capital and other venture capital firms led the round of investment.

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MLS Brokerage Investor Development 459