Housing Wire

APRIL 24, 2024

Photo credit: AJ Canaria Hilary Saunders , the co-founder and chief broker officer at Side , sees the current challenges facing the real estate industry as yet another opportunity for brokerage models to further evolve. “I The brokerage models have to adapt,” Saunders said.

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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. It has great technology, an incredible and unique strategy, and the ability for me to take my team’s business to the next level,” Levy said in a statement. “By

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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

AUGUST 30, 2023

Fast-growing firm The Real Brokerage is welcoming yet another top-performing agent to the company. Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. He and his team were most recently brokered at Hague Realty in Scottsdale.

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Housing Wire

AUGUST 2, 2024

But when it comes to the financial performance of their brokerages, industry analysts don’t believe the changes will be the end-all, be-all. “It But an advantage could potentially be given to brokerages that put concerted effort into helping their agents be more efficient and productive. 17 — are top of mind. Tomasello asked. ”In

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Housing Wire

APRIL 8, 2024

Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The brokerage will pay $9.25 The Real Brokerage closed $14.4 billion in sales in 2022 and will have to pay the Umpa settlement out of its own coffers.

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Housing Wire

SEPTEMBER 27, 2023

“With this acquisition, we’ve positioned ourselves as Austin’s leading brokerage—our commitment to setting new standards and inspiring innovation for all our exceptional agents remains the top priority while honoring what Realty Austin and Realty San Antonio has built,” Rachel Hocevar, the president of Compass Texas, said in a statement.

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Housing Wire

MARCH 24, 2023

Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. 1 in sales volume to to the top of the list and retained their No. of all brokerage-controlled sales in the country, staying even with the 2022 rankings, with 35.9% Last year, Compass rose to No.

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Housing Wire

JUNE 21, 2022

The 2021 real estate market was one for the ages: record low interest rates and housing inventory gave way to record high home prices and sales. 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!)

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Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies? Presented by: Axis Technical Group.

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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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Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. According to the 2023 RealTrends rankings of top real estate brokerages by sides, Keyes is ranked No. billion in closed sales volume in 2022. 38 with 12,458 transactions and $7.5

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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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Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. Rapidly advancing technology and data analytics have also revolutionized the commercial real estate landscape, offering scores of new avenues for value creation and risk mitigation. And why not?

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Housing Wire

JUNE 10, 2022

Chime’s all-in-one CRM and sales acceleration platform is designed to help real estate agents, teams, and brokerages close more deals faster. The post HousingWire June Demo Day: CHIME Technologies appeared first on HousingWire. Product Fast Facts. #1. Get More Info.

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Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Our brokerage is unique,” Michael Gifford told HousingWire. “It’s He observes that the company is betting on a reasonably quick sale, at an increased price, drawing from the “ever rising market” theory.

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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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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

JUNE 5, 2023

Be it new experimental technology, legislation or regulation to respond to, disruptive proptech models, shifting market dynamics and so on,” said Price. At First American, saying yes has allowed me to touch all aspects of the title business from sales to product management to operations and strategic planning.

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Housing Wire

JULY 17, 2023

The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). This transformative technology has opened up a new world of possibilities, empowering agents and captivating potential buyers like never before.

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Housing Wire

SEPTEMBER 10, 2024

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. Their most customized, fully supported options are expensive, but they are perfect for teams and brokerages with established brands and lead nurturing systems in place.

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Housing Wire

OCTOBER 28, 2024

As someone who has been working in real estate tech for the last 15 years, I can understand why today’s agents—and the team leaders and brokerage owners who manage them—may feel stuck, paralyzed by fear and uncertainty. One of the biggest challenges I continue to hear from brokers regarding technology is poor user and feature adoption.

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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

NOVEMBER 29, 2023

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

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Housing Wire

APRIL 23, 2024

“We believe adding 3D digital twins for Homes.com will increase the leads we deliver, increase customer satisfaction, increase renewal rates, increase sales and increase site traffic further.” In the first quarter, the sales team for Homes.com generated nearly $40 million in net new bookings.

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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

JUNE 5, 2024

real estate brokerage Compass announced Wednesday that it has hired Hal Bennett, a high-producing agent based in the Seattle area. million sales volume last year. ”At At this stage, joining Compass, a company at the forefront of technology and agent support, makes sense for my business,” Bennett said in a statement. 17 with $47.7

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Housing Wire

OCTOBER 24, 2024

The Weiss Group in Austin is returning after a stint with The Agency , bringing its six-agent team and $75 million in 2023 sales back to Compass. In respective statements, both groups cited Compass’s technology as a key motivator for their moves. “We Louis, the 10-agent Monschein Team is leaving Berkshire Hathaway HomeServices.

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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

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. No other brokerage can offer agents a big traditional split and all the benefits, support, technology and customer introductions that we provide here at Redfin.

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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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Housing Wire

AUGUST 25, 2021

With four other real estate tech acquisitions in the last year, Lone Wolf Technologies recently added Boston Logic-owned Propertybase to its tech toolbox. The acquisition rounds out Lone Wolf’s technology platform that includes websites, lead generation tools, and CRM. According to the press release.

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Housing Wire

OCTOBER 11, 2024

bringing a team with more than $300 million in career sales. We want to disrupt the market for the better by aligning ourselves with a forward-thinking company that empowers our team and clients with the best marketing and technology available.” has added a high-performing team to its presence in Charleston, South Carolina.

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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

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Housing Wire

JULY 15, 2024

A little over a month after technology startup executive Eric Elfman replaced MoxiWorks founder York Baur as CEO, the real estate technology platform provider appears to be undergoing a round of layoffs. Impacted employees at MoxiWorks took to LinkedIn last week to discuss the layoffs and share their job search goals.

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Housing Wire

SEPTEMBER 26, 2024

Luxury agent Mike Mogavero is returning to the brokerage after a stint with The Agency. million in sales volume in 2023, with Mogavero accounting for $33.2 million in sales volume in 2023, with Mogavero accounting for $33.2 In August, the eight-agent brokerage Prospect Real Estate Team moved to Compass.

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Housing Wire

SEPTEMBER 12, 2024

The real estate brokerage announced this week that the B-W Group is joining up and will operate out of its Park Cities office. million in sales volume in 2023. The innovative technology and supportive environment at Compass will allow us to elevate our service and continue to exceed our clients’ expectations.

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