Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. The brokerage, which was founded in 1976 by Gene Boone, will now be known as RE/MAX Foxfire. “Our

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Brokerage Branding Technology Agents 404

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. Newman has more than 20 years of experience in the real estate industry.

Brokerage 380

Brokerage Technology Agents Industrial 380

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.

Agents 437

Agents Brokerage Technology Staging 437

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 During the second quarter, Real once again delivered best-in-class growth with our agents closing a record number of transactions,” said Tamir Poleg , the CEO of Real. Like many other brokerages , the firm is still in the red (it lost over $20 million last year). compared to 8.3%

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Brokerage Agents Title Lending 352

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. Through this collaboration, all Keyes agents will benefit from RealReports, BHR’s flagship product. billion in closed sales volume in 2022. 38 with 12,458 transactions and $7.5

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Brokerage Agents Industrial Closing 388

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.” The integration of Matterport to Homes.com will allow homebuyers to view properties online, helping agents to provide even more value to their clients.

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Sales Residential Branding Brokerage 354

Housing Wire

OCTOBER 27, 2020

HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector. If you’re a managing broker, you’re probably bombarded by sales pitches from vendors anxious to sell you their latest technology innovation. The HousingStack is exclusively for HW+ members.

Technology 397

Technology Brokerage Agents Sales 397

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% transactions per agent last year.

Brokerage 431

Brokerage Branding Agents Sales 431

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.

Technology 321

Technology Staging Development Agents 321

Housing Wire

SEPTEMBER 26, 2023

Less than a month after Compass snagged two top-performing Chicago-based @properties agents, @properties has evened the score in the Windy City. Justin Tesar highlighted @properties’ technology as one of the reasons for the move. According to data from BrokerMetrics , the Tesars have closed a combined sales volume of $25.4

Agents 358

Agents Brokerage Technology Sales 358

Housing Wire

JULY 1, 2021

So began one of the more compelling panels at RealTrends’ “Gathering of Eagles” conference in Colorado Springs – “Intersection of tech and brokerage.”. Any real estate talk about technology can degenerate into to just saying the word “technology.” “We Don’t go out and build a consumer-facing technology,” McClelland advised.

Brokerage 430

Brokerage Technology Agents Closing 430

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 So that’s a major differentiator from us and other agents.” I will say that real estate brokerage is a far cry from Fintech.”

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Equity Brokerage Agents Marketing 404

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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Lending Brokerage Mortgages Banks 397

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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Technology Brokerage Design Closing 293

Housing Wire

AUGUST 9, 2023

While our industry is notorious for its lethargic adoption of new technologies, it is inevitable that AI will reshape many of the traditional and archaic processes that exist today. At the same time, there are numerous examples of ground-breaking implementations of this transformative technology that are already being used today.

Agents 370

Agents Brokerage Technology Industrial 370

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job? trillion to $7.9

Agents 370

Agents Technology Development Industrial 370

Housing Wire

APRIL 26, 2021

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month.

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Purchase and sale agreement Agents Brokerage MLS 383

Housing Wire

MAY 2, 2024

Real estate brokerage William Raveis has returned to the acquisitions business. It’s always exciting to join forces with another family-owned firm that shares our deep commitment to our agents and our communities,“ Bill Raveis, founder and CEO of William Raveis, said in a statement. The financial terms of the deal were not disclosed.

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Brokerage Technology Development Agents 259

Housing Wire

APRIL 25, 2024

I am proud of how our affiliated agents, franchisees and employees helped customers navigate ongoing complexities. This is the seasonally slow part of the year and we are in a very difficult housing market with a record-low level of unit sales.” We are bringing them new profit sources such as Upward Title.

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Branding Technology Title Brokerage 406

Housing Wire

AUGUST 29, 2023

Recruitment is a crucial determinant of growth and success for real estate brokerages. Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage.

Brokerage 367

Brokerage Staging Branding Agents 367

Housing Wire

OCTOBER 13, 2023

. “This transition is all about securing the future success of my team,” Liz Beinfield, the team’s principal agent, said in a statement. “It means access to the industry’s leading technology platform and a vast agent referral network that will yield the greatest returns over time.”

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Principal Brokerage Agents Technology 429

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. Links to pages with embedded videos receive 157% more organic search traffic than those without.

Marketing 420

Marketing Residential Technology Branding 420

Housing Wire

AUGUST 7, 2020

Brokerage giants RE/MAX and Keller Williams announced second-quarter numbers Friday, reflecting a business environment that had its share of ups and downs as a result of COVID-19. RE/MAX, a public company, released earnings, while Keller Williams reported agent numbers and other stats. Agents also closed $85.3 “The U.S.

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Brokerage Technology Agents Closing 384

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. The new firm is owned by Haley Larson, who joined RE/MAX with her 17 agents. In 2022, Larson’s agents achieved $55 million in sales volume, according to the release.

Brokerage 397

Brokerage Branding Residential Agents 397

Housing Wire

OCTOBER 10, 2023

Compass continues to expand its agent count. She continued: “We did our due diligence and reviewed other brokerages. There was no comparison; Compass’s technology and its agent-first approach reigned superior by far.” 99 in the state for sales volume in 2023, after recording $29.83 The team also ranked as No.

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Due diligence Brokerage Branding Agents 410

Housing Wire

DECEMBER 11, 2023

After a successful launch of its new agent pay structure in Los Angeles and San Francisco in late October, Redfin announced Monday that it was expanding the new pay structure to its San Diego and Orange County markets. All of Redfin’s agents in Los Angeles, Orange County, San Diego and San Francisco will move to the new pay plan on Jan.

Marketing 420

Marketing Brokerage Agents Technology 420

Housing Wire

FEBRUARY 27, 2024

Although Compass failed to achieve its much publicized goal of being free cash-flow positive in 2023, brokerage executives were still positive about the company’s performance over the past year. This has resulted in buyer agency agreements becoming standard practice for Compass agents.

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Brokerage Investor Technology Agents 400

Housing Wire

OCTOBER 20, 2023

No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Consumers are free to sell or buy a home without an agent — and consumers know this.

MLS 432

MLS Brokerage Agents Industrial 432

Inman

MARCH 28, 2024

The Jon Campbell Team, previously the Don Wenner Team, closed 2,250 home sales across $585 million in sales volume in 2023. Technology and culture helped draw the team to Real.

Brokerage 176

Brokerage Technology Closing Sales 176

Housing Wire

OCTOBER 3, 2023

About 30% are shoring up agent training and consumer education, while another 25% are implementing buyer representation agreements and increased documentation. Another 10% are honing their value proposition , particularly as it relates to buyers’ agents. Only 1% of respondents say they are restructuring their compensation model.

Brokerage 410

Brokerage MLS Agents Technology 410

Housing Wire

JANUARY 27, 2021

Technology has rapidly changed the process for listing and buying homes, and the general public is taking note and adjusting their expectations of what a real estate broker should be. For the well-prepared real estate brokerages, this holds a promising future.

Agents 332

Agents Brokerage Technology Branding 332

Housing Wire

SEPTEMBER 19, 2023

The brokerage noted that Lim will remain at Christie’s as a senior advisor and global brand ambassador, working to expand the relationship between the real estate business and the auction house, among other duties. Since leaving Compass in 2022 after a seven-year stint, he has consulted for real estate brokerages and proptech firms.

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Brokerage Technology Branding Development 418

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.

Brokerage 384

Brokerage Technology Agents As-is 384

Housing Wire

OCTOBER 2, 2023

Redfin will soon be requiring agents to cancel their National Association of Realtors membership. After what the firm described as “careful deliberation,” Redfin will begin “requiring our brokers and agents to leave NAR everywhere we can. In leaving NAR, the brokerage said it will explore other ways to achieve those goals.

Brokerage 381

Brokerage Agents Industrial Technology 381

Real Trends

FEBRUARY 3, 2023

Cloud-based real estate brokerage The Real Brokerage Inc. now has an agent count of over 9,000 in the U.S. The firm has ranked in the top 1% of the 29,000 agents in San Diego County for four straight years and closed more than 150 transactions and $200 million in sales in 2022. and three Canadian provinces.

Brokerage 80

Brokerage Agents Title Lending 80

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

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Brokerage Principal Title Equity 369

Housing Wire

NOVEMBER 28, 2023

The ongoing housing market decline, which saw existing-home sales fall 36% in 2022 alone (on a seasonally adjusted annual basis) and 41% overall to September’s low, is the sharpest (though not the deepest) in the history of this industry. As such, it certainly feels like that pendulum is a labrys slicing through our brokerage firms.

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Brokerage Residential Technology Development 410