Housing Wire

APRIL 24, 2024

Take a look below to see this year’s list of honorees. Congratulations to the 2024 Rising Stars! Name Job Title Company Name A.T.

Principal 459

Principal Due diligence Lending Title 459

Housing Wire

SEPTEMBER 29, 2023

According to the brokerage, 6.5% homes for sale posted a price cut during the four weeks ending September 24, up from 5.8% home sale price rose 3% year over year, reaching $420,846 in August, the largest annual increase since October 2022. the month prior. Due to a lack of supply, prices overall have been on the upswing.

Mortgages 516

Mortgages Principal Brokerage Finance 516

Housing Wire

FEBRUARY 17, 2021

Alexander, now rebranded as @properties , is a four-year-old firm with 45 agents and $120 million in 2020 sales volume that has so far focused on downtown Detroit. Co-founded by Thad Wong and Michael Golden in 2000, @Properties is the biggest real estate brokerage in Chicago and 10 th largest shop in the nation with $10.8

Brokerage 416

Brokerage Principal Technology Equity 416

Housing Wire

FEBRUARY 27, 2024

Real estate brokerage Redfin revealed signs of progress in its fourth-quarter 2023 earnings report, signaling a potential turnaround after facing challenges earlier in the year. And new sales initiatives are driving breakthroughs on fronts where Redfin has been stymied for years. million, down from $222 million in Q4 2022.

Brokerage 444

Brokerage Principal Renovation Agents 444

Housing Wire

NOVEMBER 14, 2024

Fast-growing brokerage SERHANT. 5 in sales volume at $62.6 5 in sales volume at $62.6 Led by co-principals Annie Tran, Dewey Luong and Tiffany Powell, the Atlas team said that culture is one reason SERHANT. If recent additions are any indication, the brokerage is converting many of these inbound agent leads.

Principal 369

Principal Brokerage Land Technology 369

Housing Wire

AUGUST 7, 2023

But the Robert Reffkin -helmed brokerage has proved the naysayers wrong, at least for now. billion, which the brokerage attributed to a 19% year-over-year decrease in transaction sides to 54,207, combined with a decrease in the average home sale price, as the brokerage’s gross transaction value dropped 26% year over year to $56.8

Brokerage 370

Brokerage Principal Title Equity 370

Inman

SEPTEMBER 27, 2023

Compass has recruited 15 agents from an Ocean City, New Jersey, RE/MAX franchise, 10 of whom will serve as principal agents. The new recruits represent $136 million in 2022 sales volume.

Principal 190

Principal Agents Sales Brokerage 190

Housing Wire

AUGUST 1, 2024

Training on forms has been a central focus of brokerages across the country. Agents in some states, or at some brokerages, are getting these lawyered-up forms thrown at them and no one is explaining to them how to answer questions from clients. 17 implementation date, largely due to the training her brokerage has provided. “I

Agents 448

Agents Brokerage Principal Industrial 448

Housing Wire

APRIL 1, 2021

Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 Last week, the brokerage announced in a Securities and Exchange Commission filing that it sought around $882 million from its initial public offering by trading 36 million shares at $23 to $26. Investors initially paid $21.15-a-share

Brokerage 418

Brokerage Principal Loans Branding 418

Housing Wire

JULY 18, 2023

In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Garza is joining The Agency after nine years at Rogers Healy Associates , where she closed $20 million in sale volume last year. In 2022, he recorded a sales volume of $30 million.

Agents 370

Agents Loan Officer Principal Brokerage 370

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. The days of door opening are over.

Industrial 476

Industrial MLS Brokerage Agents 476

Housing Wire

FEBRUARY 27, 2024

who sold a house on an MLS and used an agent from one of the brokerage defendants between Dec. Douglas Elliman also cites lack of jurisdiction in its motion to dismiss, stating that Douglas Elliman International and Douglas Elliman Realty are holding companies that are not licensed as real estate brokerages in Missouri or elsewhere.

Brokerage 448

Brokerage Principal MLS Industrial 448

Housing Wire

OCTOBER 21, 2024

On one side are brokerage leaders like The Agency founder Mauricio Umansky , who are firmly against CCP. “I Any brokerage firms today that say they want to give the seller more choice, they are fooling themselves that they have their own agenda. He agrees with Klein that brokerage motivations for ending CCP are self-serving.

MLS 448

MLS Brokerage Industrial Agents 448

Housing Wire

JULY 1, 2024

In this role, Kaufman will oversee sales and marketing efforts for the company’s new development projects across Florida and North Carolina. Prior to that venture, Kaufman was a vice president and principal of a luxury residential real estate marketing firm.

Principal 433

Principal Residential Development Sales 433

Housing Wire

FEBRUARY 19, 2025

In his opening remarks during Compass s fourth-quarter 2024 earnings call on Tuesday, Reffkin said that almost half of the markets the brokerage operates in have stopped enforcing CCP, a rule implemented by the National Association of Realtors (NAR). That 24-hour window doesnt provide much benefit to a brokerage pursuing exclusive listings.

MLS 254

MLS Brokerage Principal Agents 254

Housing Wire

NOVEMBER 1, 2024

The simple answer is that real estate agents are paid on commission, typically a percentage of the property’s sale price. Now, it’s time to join a brokerage. Depending on the brokerage, agents may pay anywhere from $25-$500 per month to be a part of the brokerage. How do real estate agents get paid?

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

OCTOBER 30, 2024

Brokerage founder and CEO Robert Reffkin laid his firm’s plans for the future bare during its third-quarter 2024 earnings call with investors and analysts on Wednesday. to 55,872 for a total sales volume of $57.7 Compass ’s plan for future success? Become a hub for real estate listings. In Q3 2024 , the firm’s revenue grew 11.7%

MLS 345

MLS Brokerage Principal Agents 345

Housing Wire

APRIL 24, 2024

Technically, it encompasses brokers, principal agents and closed loan sellers,” he said. “We We focus on sharing our knowledge with smaller brokerage shops seeking guidance, offering them a playbook for integrating our program into their business model.” “But to the partners we want to welcome, we aim to be more targeted.

Mortgages 439

Mortgages Loan Officer Principal Loans 439

Housing Wire

OCTOBER 19, 2023

This positions our associates to adapt and thrive in the market from both a business growth and technology innovation standpoint,” Matthew Mullin, principal and founder of The Mullin Blankfeld Group, said in a statement. “It It ranked 8th for residential sales volume, with a total of $46,687,375. The Blankfeld Group came in No.

Principal 435

Principal Technology Equity Residential 435

Housing Wire

NOVEMBER 5, 2024

During an earnings call, executives told analysts that loanDepot is seeking more JVs with builders, real estate brokerages and retail lenders across the country. Its pull-through gain-on-sale margin was 3.29% in Q3 2024, compared to 3.22% in Q2 2024. The pull-through gain-on-sale margin is expected to be between 2.85% and 3.05%.

Purchase and sale agreement 397

Purchase and sale agreement Equity Loan Officer Principal 397

Housing Wire

JANUARY 10, 2025

Shelley Duffy , Incenter’s executive vice president of national sales, praised Rose and Brown for their aptitudes for problem-solving. ” Brown brings 20 years of experience to his new role, including 12 years at Freddie Mac , where he served as senior director of cash window sales and trading. .”

Principal 370

Principal Lending Development Mortgages 370

Housing Wire

FEBRUARY 23, 2024

“Our decision to offboard a significant number of unproductive agents during the fourth quarter resulted in a decrease in our agent count quarter-over-quarter, the retention of our most productive agent cohorts remained excellent,” Kent Cheng, principal financial officer at eXp World Holding, said.

Agents 435

Agents Principal Residential Sales 435

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. Consequently (it) will shrink the buyer pool,” Yun said, adding: “Sales could fall even further with some inventory sitting on the market for more than a month like in the pre-pandemic days.”. Existing home sales dropped 2.4% in April from March to 5.61

Marketing 448

Marketing Fixed-rate mortgage Loan Officer Pre-approval 448

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Industrial 435

Industrial Title Commercial Banks 435

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 467

Equity Finance Purchase and sale agreement Investor 467

Housing Wire

AUGUST 17, 2023

The first thing we go through when I work with real estate brokerages — whether it’s in helping them to streamline their technology or to prepare for sale — is their financials. Create a list of vendors and products you’re using, monthly costs and other pertinent details like the sales rep, website and contract terms.

Technology 351

Technology Principal Brokerage Agents 351

Housing Wire

NOVEMBER 30, 2023

Requirements to get a real estate license in Ohio Before you enroll in the required 120 hours of sales associate prelicensing education, you’ll need to know some of the requirements for obtaining an Ohio real estate license. Ready to find a real estate brokerage? Look for a broker who specializes in that niche.

Brokerage 458

Brokerage Pre-approval Agents As-is 458

Housing Wire

JULY 30, 2024

“When the terms of the NAR settlement came out and there was the piece about compensation and the MLS, I had been in a meeting with some of my top listing agents, who have sometimes up to 50 listings, discussing how they are going to handle this,” said Kacy Bell, the operating principal of Keller Williams Greater Des Moines.

MLS 459

MLS Technology Agents Design 459

Housing Wire

MAY 23, 2023

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. I think there were only two or three sales last month in LA County over $5 million.

Mortgages 396

Mortgages Marketing Loans Banks 396

Housing Wire

JUNE 16, 2022

Recently, two MSR sales offerings were announced by two separate advisory firms, which together are valued at more than $1.4 Nearly 62% of the loans by unpaid principal balance in the latter $816.7 The sale date for the package “is negotiable,” according to the bid documents, with bids due by mid-June. For the $4.8

Loans 369

Loans Mortgages Principal Brokerage 369

Housing Wire

NOVEMBER 16, 2022

As part of the restructuring, there will be winners (the buyers) and there will be losers — those whose names disappear from the corporate registries due to sales, mergers or failure, observers told HousingWire. The plug-and-play and brokerage routes. Who wants to be in the mortgage business? They’re like, ‘Screw the company.

Banks 435

Banks Mortgages Loan Officer Due diligence 435

Realty Biz

JULY 1, 2022

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Compass, Inc. About Compass.

Principal 87

Principal Development Brokerage Residential 87

Housing Wire

SEPTEMBER 10, 2020

We also give them something called a guaranteed sale price,” Cunningham added. The company charges a one-time 6% fee on the sale of the customer’s old home. “We Once the sale of the old home is complete, the customer uses the mortgage, which they have pre-qualified for, to finalize the purchase of their new home. “We’re

Title 312

Title Branding Principal Loans 312

Housing Wire

JANUARY 7, 2021

Principal of Xcentric Consulting, Scott Petronis , delved into end-to-end tech, new uses for AI and what to do with all that data in the December issue of HousingWire Magazine and debates an aching question for several companies – Build vs buy? The investor had previously dropped $20 million on the Utah-based software developer in 2018.

Mortgages 290

Mortgages Lending Loans Investor 290

RIS Media

JANUARY 19, 2022

Berkshire Hathaway HomeServices PenFed Realty, one of the country’s fastest-growing brokerages, with 2,000 agents and $8 billion in annual sales, today announced a merger with Berkshire Hathaway HomeServices McNelis Group Properties of Solomons, Md. For more information, visit [link].

Brokerage 98

Brokerage Principal Branding Agents 98

Housing Wire

AUGUST 29, 2022

With gain on sale margins expected to be at around 30 to 60 bps in the third quarter, there’s no question UWM is losing money, analysts said. With the gain-on-sale margin of 99 bps, when you cut 50 bps off of that, you’re in negative territory pretty quick.”. billion in unpaid principal balance, down 11% quarter over quarter.

Loan Officer 435

Loan Officer Loans Equity Mortgages 435

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 435

Agents Design Construction Branding 435