Housing Wire

JUNE 6, 2024

The Real Brokerage announced Thursday the addition of several new teams across the U.S. The newly released 2024 RealTrends Verified rankings , based on 2023 data, showed that Real was the sixth-largest brokerage in the country for sides (48,905) and ranked No. The independent brokerage generated a sales volume of $75 million last year.

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Housing Wire

SEPTEMBER 13, 2023

Local Logic , a location intelligence platform that digitizes the built world, has teamed up with Plunk , an AI-driven analytics company, to empower end-users with the technology and insights they need to accelerate and improve home purchase decisions, the company announced on Tuesday.

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Residential MLS Investor Technology 460

Housing Wire

MARCH 15, 2024

Let’s face it: joint ventures (JVs) and affiliated business arrangements (ABAs) are all the rage in the residential real estate space right now. In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. And why not? CREs need not go it alone.

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Housing Wire

APRIL 15, 2021

But while Blefari has a clearly defined personality, the residential real estate brokerage he runs doesn’t. The post Warren Buffett’s boring, dominant resi brokerage appeared first on HousingWire. Berkshire Hathaway HomeServices of America is not just a boring mouthful of a name, but it is a confusingly layered operation.

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Brokerage Title Branding Residential 370

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.

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Brokerage Mortgages Loan Officer Banks 446

Housing Wire

MARCH 24, 2023

Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. These four brokerage companies did just over $20 billion in residential gross commission revenue, which shows steady growth in a down market,” said RealTrends Senior Advisor Steve Murray. “In

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Brokerage Branding Agents Sales 462

Housing Wire

OCTOBER 22, 2024

According to eXp, the group specializes in residential real estate, fix-and-flips and investment properties.

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Agents Residential Technology Development 410

Housing Wire

APRIL 4, 2025

Four top companies Compass , Anywhere Advisors , eXp Realty and HomeServices of America continue to outperform their competitors, but The Real Brokerage is nipping at their heels, according to the 2025 RealTrend Verified Brokerage Rankings. 2024 was a year of disruption for the housing market.

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Brokerage Title Agents Mortgages 225

Housing Wire

JUNE 21, 2022

Capitalizing on these market factors, brokerage firms in the 2022 RealTrends 500 brokerage rankings broke records in market share, closed transaction sides (there must be inventory somewhere!) The top four — Realogy Brokerage Group (RBG), HomeServices of America , Compass and eXp Realty — now have 20% market share in the U.S.

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Brokerage Agents Sales Closing 395

Housing Wire

JULY 29, 2021

After spending a decade building a proprietary technology and productivity platform, United Real Estate Group is seeing its growth explode, according to Q2 2021 earnings report. Is technology finally providing the key to success? In the past, when brokers thought about low-fee brokerage firms, they thought of low service.

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Brokerage Technology Agents Development 370

Housing Wire

AUGUST 10, 2023

Low-cost residential real estate brokerage is not necessarily a new phenomenon. Some may also charge other fees for such things as Errors & Omissions insurance, desk rental, technology, etc. Incredibly flat-fee firms now account for six of the top 25 brokerage firms in the nation.

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Brokerage Industrial Residential Agents 369

Housing Wire

MAY 28, 2024

Fathom Holdings , the parent company of cloud-based real estate brokerage Fathom Realty , appointed Jon Gwin as chief operating officer. A licensed real estate broker since 2006, he managed a brokerage in San Diego and he also played a crucial role in establishing some of the first compliance management systems in the mortgage industry.

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Industrial Title Brokerage Branding 441

Housing Wire

MAY 30, 2024

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. We are excited to be with a brokerage with such high standards for ethics, professionalism, and organization,” DelRose Jr. Led by Mike DelRose Sr., Mike DelRose Jr.

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Brokerage Residential Commercial Development 458

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. For example, of the top 10 brokerages by closed sides in 2013, only three remain in the top 10 in 2023.

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MLS Brokerage Residential Technology 482

Housing Wire

FEBRUARY 4, 2025

Arrival Home Loans on Tuesday announced a partnership with zavvie a fintech company that specializes in bringing liquidity to residential real estate in an effort to enhance the homebuying experience for its customers. ” Colorado -based zavvie echoed Chen’s excitement and shared a statement about the partnership.

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Loans Loan Officer Finance Brokerage 256

Housing Wire

AUGUST 5, 2024

Real estate technology firm Rechat announced a strategic partnership on Monday with Peerage Realty Partners that aims to expand tech tool and service offerings for Peerage agents and brokers. ” Rechat will offer its suite of tools and services to all Peerage Realty brokerages. . and Canada. and Canada. .” and Canada.

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Technology New Construction Residential Construction 403

Housing Wire

APRIL 22, 2024

While the pandemic may have ended, these habits have persisted, leading Florance to believe that the trend will seep over permanently into the residential real estate world. Through the acquisition, Florance is taking a bet that similar trends will extend into the residential real estate sector. Brands matter.”

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Branding Brokerage Staging Residential 417

Housing Wire

DECEMBER 9, 2020

HW Media, publisher of HousingWire, FinLedger, and producer of Engage Events, today announced it has closed on the strategic acquisition of REAL Trends, the residential real estate industry’s leading report that ranks the performance of the top U.S. brokerage firms. HW Media is owned by Riomar Capital. About REAL Trends.

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Branding Residential Brokerage Industrial 539

Housing Wire

JANUARY 12, 2021

SoftBank -backed residential brokerage Compass filed paperwork with the Securities and Exchanges Commission on Monday to go public. The brokerage, which has raised $1.5 Founded in 2012 by Robert Reffkin and Ori Allon, Compass ended 2019 as the third-largest residential brokerage in the country, according to REAL Trends.

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Brokerage Residential Title Agents 448

Housing Wire

OCTOBER 7, 2020

In January 2019, Keller, a charismatic Texan who co-founded the company in 1983, took back control of the brokerage from longtime employee John Davis, who had been CEO for just two years. At the time, the residential brokerage industry was grappling with a wave of consolidation, disruptions in technology, poaching wars and slowing growth.

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Brokerage Technology Agents Residential 468

Housing Wire

SEPTEMBER 12, 2023

Another independent brokerage has chosen to align with RE/MAX. The brokerage will now operate under the name RE/MAX The Collective. I love the RE/MAX values and the company’s emphasis on technology while not replacing the agent.” The new firm is owned by Haley Larson, who joined RE/MAX with her 17 agents.

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Brokerage Branding Residential Agents 418

Housing Wire

NOVEMBER 3, 2021

The cloud-based brokerage recorded $1.1 The third quarter of 2021 saw eXp agents close 130,029 residential transaction sides, a year-over-year increase of 72%. Residential transaction volume also rose to $46.6 The brokerage was the fourth-largest in the U.S. billion of revenue in the months of July, August and September.

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Lending Brokerage Residential Loan Officer 388

Housing Wire

APRIL 22, 2024

Tager focused more on the marketing implications, how his company has used generative AI to create marketing initiatives and shared thoughts on what the development of the technology could mean for the space overall. “We That’s certainly not a universal outcome, but it does communicate what the technology can do.

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Technology Brokerage Agents Development 455

Housing Wire

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. Our expansion into the U.S. Our partnerships with LeadingRE and RealtyOne are just the beginning.

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Marketing Residential Technology Branding 454

Housing Wire

MARCH 23, 2021

Residential brokerage Compass took another step toward becoming a publicly traded company Tuesday, declaring it intends to sell common stock at a share price of between $23 and $26. would give the brokerage a “fully diluted market value of $12.5 How to Diversify Your Brokerage to Weather Economic Hardship.

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Marketing Brokerage Residential Banks 407

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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Purchase and sale agreement Agents Brokerage MLS 397

Housing Wire

APRIL 25, 2024

Real estate technology company reAlpha Tech Corp. We are excited to introduce Claire to homebuyers as we believe it represents a timely solution while the residential real estate industry is undergoing a significant reset,” Mike Logozzo, president and chief operating officer of reAlpha, said in a statement.

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Agents Residential Technology Industrial 436

Housing Wire

MARCH 31, 2021

Eight days after Compass unveiled a hoped-for Wall Street valuation of over $10 billion, the New York City-based residential brokerage has significantly scaled back its ambitions for an initial public offering. The brokerage had announced it was trying to manufacture $882 million through the sale of stock at $23-$26 per share.

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Brokerage Branding Residential Technology 417

Housing Wire

JULY 9, 2021

residential real estate market is valued at about $40 trillion in aggregate. Still, the residential real estate ecosystem is complex, even opaque to many. Technology plays a big role. These two questions are at the center of all things residential real estate. In the U.S. A lot is at stake. What is the house worth?

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Technology Residential Loan Officer Title 476

Housing Wire

FEBRUARY 14, 2025

In response, many brokerage firms have adapted their business models to navigate these challenges. brokerage firms continues to decline, sitting near 10% by the end of 2024. Additionally, segmentation among brokerage firms is likely to increase, driven by differences in cost structures and technology adoption.

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Brokerage Residential Industrial Technology 206

Housing Wire

JANUARY 6, 2023

Although there are an increasing number of high-profile layoffs , particularly in the technology sector and also in the mortgage industry, hiring in other sectors of the economy are more than offsetting these on net. Residential building construction employment increased by 0.3% Residential building is up 8.3%

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Marketing Residential Construction MLS 482

Housing Wire

NOVEMBER 28, 2023

With the residential real estate pendulum swinging from blissful exuberance in the second half of 2020 to extreme consternation for many today, brokers have had to pivot like never before. As such, it certainly feels like that pendulum is a labrys slicing through our brokerage firms. Retain and develop. Spend less money than you make.

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Brokerage Residential Technology Development 435

Housing Wire

FEBRUARY 13, 2024

The company aggregates and distributes data from participating organizations and brokerages, providing current MLS data directly from the source to avoid any lags that can occur when data is pulled from public records, according to the REdistribute website.

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MLS Technology Residential Mortgages 432

Housing Wire

JULY 29, 2021

Residential real estate brokerage conglomerate Realogy reported a net income of $149 million on its quarterly earnings call Thursday. Let’s dive into two areas that technology partners and independent brokerages can align to ensure that demand is captured and more at-bats are won. The brokerage group was the no.

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Sales Brokerage Title Loan Officer 397

Housing Wire

APRIL 28, 2021

These patterns are puzzling given the industry’s significant technological changes,” concluded a Brookings Institution paper from 2019. For the past month, HousingWire plunged down the foreboding rabbit hole of residential real estate commissions, uncovering the past, present and future of this wholly unique part of the economy.

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Brokerage Agents Residential Technology 416

Housing Wire

NOVEMBER 16, 2023

For decades, disruptors and innovators in the residential real estate industry have been trying to chip away at the near monopoly that Realtors have had over home sales. We learned the hard way about the control that the NAR maintains over the entire residential real estate industry. So that is an incentive to stay in NAR, right?

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MLS Residential Technology Agents 448

Housing Wire

AUGUST 3, 2021

To stay up to data on real estate brokerage news, please check out RealTrends’ BrokerSource newsletter. Durkin will continue to lead the brokerage , its operations, technology initiatives, and strategic growth efforts across the United States. This article was originally published by RealTrends.

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Brokerage Technology Branding Agents 394