Housing Wire

FEBRUARY 20, 2025

The brokerage has acquired Washington Fine Properties (WFP), a luxury real estate brokerage located in the Washington, D.C., WFP has 150 agents and has executed $43 billion in sales volume over the past 25 years. At the end of 2023, the number of principal agents at the brokerage stood at 14,683. metropolitan area.

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Housing Wire

DECEMBER 5, 2024

Processing is a big piece of what brokerages care about, so we have a copilot that we’re getting feedback on and plan to have six or seven copilots that will launch next year. We’ve trained our AI models to be extremely specific to help agents, brokerages and end customers as well. SW: Tell me more about your background.

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Brokerage Staging Industrial Agents 370

Housing Wire

MARCH 12, 2025

One of the nation’s fastest-growing real estate brokerages announced a pending leadership change on Wednesday. Sharran Srivatsaa , president of The Real Brokerage , will be transitioning from his current role to the company’s board of directors effective June 1. Its volume soared from $14.4 billion to $21.2

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Housing Wire

NOVEMBER 1, 2024

Michele Harrington: After entering real estate sales right out of the Marine Corps , I built my own brokerage. This interview has been edited for length and clarity. The duo start the conversation by exploring Harrington’s path into the CEO’s role at FirstTeam. Six years ago, my whole company came over to FirstTeam.

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Brokerage Branding Industrial Agents 395

Housing Wire

MARCH 14, 2025

One of the companies utilizing the technology is Portugal-based real estate brokerage firm Porta da Frente Christies , which has reported $100 million in sales generated from leads provided by the AI agent. “We have more than 5,000 properties currently in our portfolio. .

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Housing Wire

APRIL 2, 2025

The platform allows agents to decide how and when to share listings , from limiting visibility to their brokerage to broadening exposure across the Luxury Presence network. The tool matches listings against more than 300,000 active buyer needs, drawing from a network of high-performing agents who handle more than $300 billion in annual sales.

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Housing Wire

MARCH 17, 2025

According to the complaint, Newhart and the other defendants transferred “things of value,” specifically underpriced, nonvoting stock in Newhart-owned mortgage brokerages to real estate agents and brokers, who in return referred their clients back to the Newhart-owner mortgage brokerages.

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Housing Wire

DECEMBER 12, 2024

Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE). Co-owners Gloria Grimshaw and David Callahan acquired the brokerage from founder Lucille Jordan in 2007.

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Brokerage Agents Residential Technology 369

Housing Wire

MARCH 18, 2025

But in light of Redfins blockbuster sale to Rocket Mortgage that was announced less than two weeks later, hindsight dictates that Kelman may have known that the end of independence was coming for the company hes run for almost 20 years. They have a fixed-cost element that other brokerages don’t have. It shows in the data.

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Brokerage Agents Mortgages Staging 388

Housing Wire

OCTOBER 11, 2024

Brokerages are scrambling to adapt to the post-settlement landscape of real estate, and more of them are turning to the same method for growing their headcount — acquiring new teams. The addition of teams is an efficient way for major brokerages to bolster agent counts and boost sales volumes on their income statements.

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Brokerage Agents Sales Marketing 448

Housing Wire

MARCH 10, 2025

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity. The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025.

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Purchase and sale agreement Pre-approval Brokerage Equity 482

Housing Wire

DECEMBER 19, 2024

There’s a reason why eXp Realty regards itself as the “the most agent-centric brokerage on the planet.” According to the brokerage, Caldwell is no slouch when it comes to sales volume. He and his 30-agent team pulled in $200 million in sales revenue over an unspecified time period.

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Brokerage Banks Agents Sales 397

Housing Wire

MARCH 13, 2025

The deal involves two of the nations top-four brokerages by sales volume in 2024, according to data from RealTrends Verified. billion across more than 177,000 home sales. billion across nearly 236,000 sales. Compass ranked No. 1 last year with $184.5 HomeServices was No. 4 with $133.8 billion in equity.

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Purchase and sale agreement Brokerage Equity Development 397

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. 10 for sales volume ($21.2 10 for sales volume ($21.2

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Brokerage Closing Agents Sales 459

Housing Wire

JANUARY 14, 2025

Leading brokerage Compass announced some key leadership moves this week to bolster its operations in the Southeast, including Florida. The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. It is the nation’s leading brokerage by sales volume.

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Brokerage Development New Construction Agents 370

Housing Wire

DECEMBER 30, 2024

” In tandem with Loggins’ remarks, a separate Redfin renter tenure report released Monday suggests that for-sale supply is growing in part because renters are moving less frequently. Simply put, some renters are choosing to avoid rising homeownership costs, moving expenses and brokerage fees, Redfin explained.

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Housing Wire

JULY 9, 2024

Fast-growing firm The Real Brokerage is celebrating its 10 th anniversary by announcing that it has surpassed 20,000 agents. The team closed nearly $120 million in sales volume in 2023. Realty Group , a Southern New Hampshire -based independent brokerage led by Jill O’Shaughnessy. Jill & Co.

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Brokerage Agents Closing Sales 448

Housing Wire

DECEMBER 11, 2024

According to a company statement, this move will strengthen the brokerage’s presence in the Carolinas. United President Rick Haase credited United Queen City for driving this expansion with excellent management practices and brokerage growth. For-sale inventory is up 17.1% in the state compared to a year ago.

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Brokerage Agents Sales As-is 369

Housing Wire

DECEMBER 20, 2024

The brokerage announced this week that it has added the Milwaukee -based Houseworks Collective real estate team. The deal brings 15 agents and more than $60 million in annual sales volume to Keller Williams. The team has a strong record of multimillion-dollar sales revenue, accumulating $118.5

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Brokerage MLS Sales Agents 397

Housing Wire

AUGUST 22, 2024

Seattle -based real estate brokerage Redfin imposed a new round of layoffs on Thursday, a development first reported by GeekWire. The cuts involved the company’s Concierge service — which assists homeowners in improve their home’s appeal before it gets listed — as well as support staff and sales managers.

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Brokerage Agents Development Sales 459

Housing Wire

OCTOBER 11, 2024

bringing a team with more than $300 million in career sales. and earlier this year, the brokerage entered Orlando with the addition of the 16-agent team The Home Squad. has added a high-performing team to its presence in Charleston, South Carolina. Key Avenue Group is leaving Keller Williams for SERHANT., “We chose SERHANT.

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Brokerage Technology Industrial Agents 435

Housing Wire

JUNE 18, 2024

Invariably, these same articles classify all real estate brokerages and models as identical. Perhaps there are internal policies within some of the companies that are standardized, but the categorization of all brokerages as identical showcases the ignorance of the author. That’s a 20% reduction in revenue for the brokerage.

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Housing Wire

MARCH 19, 2025

United Real Estate Richmond is the largest Black-owned real estate brokerage in America, founded by brothers John S Finn Jr. million in sales volume, according to data from RealTrends Verified. and Jeffrey S Finn. Through this merger, the Finns are welcoming both Smitty Smith and June Smith to their team.

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Brokerage Principal Agents Industrial 207

Housing Wire

OCTOBER 31, 2024

What has changed for real estate brokerages since then? 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. “I’m I’m hoping that this Halloween, when I’m taking my kids around trick-or-treating, it won’t be nearly as stressful,” Kelly said.

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Brokerage Agents As-is Industrial 448

Housing Wire

NOVEMBER 20, 2024

As real estate agents adjust to sweeping changes brought by the commission lawsuit settlement, a new report from discount brokerage Clever Real Estate reveals one thing hasn’t shifted: Americans still overwhelmingly trust full-service agents to sell their homes. Why would they do this?

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Agents Brokerage Sales Staging 476

Housing Wire

FEBRUARY 12, 2025

The company added Circa Properties , another boutique brokerage with a strong local presence, but the merger is more about alignment than anything else, according to RedKey leaders. RedKey recorded 1,327 home sales in 2022, with its highest-value sale reaching $2.85 RedKey Realty is the top independent real estate agency in St.

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Brokerage Agents Development Sales 365

Housing Wire

AUGUST 5, 2024

Declining mortgage rates should theoretically spark additional mortgage applications, home sales and refinances. Brokerage stocks were especially mixed. The Real Brokerage and Anywhere fell by 5.2% But analysts believe that the sell-off, paired with a drop in interest rates, could produce mixed results for real estate.

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Brokerage Marketing Mortgages Technology 488

Housing Wire

FEBRUARY 7, 2025

In 2022, Crye-Leike Real Estate Services closed roughly $7 billion in sales volume, according to data from the 2023 RealTrends Verified rankings. The T3 Sixty Real Estate Almanac reports the same numbers, while the brokerage companys 2022 Annual Report pegged its sales volume at $8.5 which the company said did $1.75

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Housing Wire

SEPTEMBER 11, 2024

Carrion also leads the firm’s office sales and investment advisory group. Velt starts the conversation by asking Carrion for background on his purchase of the brokerage. He plans to focus on M&A efforts with other brokerages, day-to-day sales, and the recruiting of new agents and other professionals to keep the momentum going.

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Brokerage Commercial Agents Branding 476

Housing Wire

SEPTEMBER 5, 2024

Access your growth playbook From the pandemic-fueled frenzy to the sobering reality of a post-pandemic slowdown,, real estate brokerages were locked in a relentless quest for growth—eager to expand market share while trimming operational fat. However, RealTrends GameChangers defied the odds and outperformed their peers.

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Brokerage Residential Closing Agents 441

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.

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Brokerage Branding Agents MLS 435

Housing Wire

JUNE 25, 2024

If real estate brokerages fail to make changes to their operations, 79% of them will be unprofitable if the terms of the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement lead to typical agent commissions dropping to 2%. This is according to a study published Tuesday by AccountTECH.

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Brokerage Agents Industrial Sales 459

Housing Wire

MARCH 14, 2025

After all, a combined Compass and BHHS would have notched $318 billion in sales volume in 2023, according to RealTrends data, nearly double that of its closest rival, Anywhere Real Estate. ” Maybe the decentralized, high-trust nature of real estate sales isn’t a business he wants to stay in.”

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Sales Branding Brokerage Industrial 222

Housing Wire

SEPTEMBER 20, 2024

The nation’s largest brokerage by transaction sides is increasing its footprint. On Thursday, eXp Realty announced the affiliation of independent brokerage Grand Lux Realty. With eXp’s support, we’re not only aiming to exceed the $100 million sales mark but to redefine what’s possible for our agents and clients alike.”

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Brokerage Technology Agents As-is 433

Housing Wire

DECEMBER 4, 2024

Recruitment efforts have been a mainstay of The Real Brokerage ‘s growth efforts in 2024. And the digital brokerage platform continues to grow this week with another affiliation. ” Since then, ROVI has not only grown its agent count but has accounted for $2 billion in home sales, according to Real.

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Housing Wire

AUGUST 1, 2024

The company has added independent brokerage Delhougne Realty Group , a St. million in sales volume on 1,160 transactions in 2023. While doing competitive research I found eXp to be the most forward-thinking brokerage equipped to lead us through these changing times.” eXp Realty is expanding its footprint in Missouri.

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Brokerage Agents Design Industrial 437

Housing Wire

SEPTEMBER 3, 2024

As it became clear that many real estate professionals are in need of guidance, brokerages and industry leaders have launched a variety of educational resources and training courses for agents and brokers. The webpage is open to agents across the industry regardless of their brokerage affiliation.

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