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. A significant opportunity To be sure, there are title agencies eager to partner with CRE principals and funds. Not to mince words: title is hard. Instead, they’re leaving money on the table.

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Commercial Brokerage Due diligence Title 363

Housing Wire

AUGUST 15, 2023

The Real Brokerage Inc. In her new role, Rozenblat will be responsible for overseeing Real’s day-to-day operations, implementing strategies to enhance efficiency and ensuring the execution of the virtual brokerage’s tech vision. She’ll undoubtedly stay busy at Real, one of the nation’s fastest-growing brokerages.

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Brokerage Title Lending Agents 304

Housing Wire

SEPTEMBER 14, 2021

Real estate brokerage Compass announced Monday that is has signed an agreement to acquire Dallas-based title insurance company LegacyTexas Title Co. , its latest foray into the title and escrow space. Financial terms of the deal – which should boost the brokerage’s margins – were not disclosed.

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Title Brokerage Technology Loans 286

Housing Wire

SEPTEMBER 20, 2021

Radian Group recently announced the launching of its title insurance and closing services platform, titlegenius, in Arizona, California, Nevada, Ohio and Pennsylvania. Many home buyers are unaware that they have choices when shopping for title insurance. Presented by: FundingShield.

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Title Brokerage Technology Closing 290

Housing Wire

SEPTEMBER 28, 2021

New York-based real estate brokerage Compass announced Tuesday that it has signed an agreement to acquire CommonGround Abstract, LLC., a Philadelphia-based title insurance company. The agreement marks Compass’s fifth title insurance company acquisition this year and third this month. based KVS Title.

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Housing Wire

MARCH 22, 2021

The state of Washington is set to revoke the license of Modus , a title and escrow service software company owned by Compass, effective April 1. The complaint points to six separate instances where Modus gave or offered to give non title-related services without charging or receiving a fee equal in value to the services provided.

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Housing Wire

SEPTEMBER 28, 2021

Real estate brokerages can survive, but only if they seriously invest in mortgage. So said members of a panel Tuesday on the evolution of the real estate brokerage during HousingWire Annual in Frisco, Texas. It is increasingly important for agents to align themselves with a business model that includes brokerage,” Kelly said.

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Brokerage Mortgages Title Sales 379

Housing Wire

MARCH 16, 2021

Real estate technology company Lone Wolf Technologies announced its launch of Digital Title Orders, a digital title solution allowing agents to select their preferred title provider and submit orders directly within a transaction. Lone Wolf officials said they expect to onboard 80% of title companies by the end of 2021.

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Title Technology Closing Brokerage 356

Housing Wire

APRIL 2, 2023

The Qualia platform includes modern, cloud-based products that provide the transaction infrastructure for title and escrow organizations of all sizes, from smaller agencies and real estate law firms to multi-state operations operating at scale.

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Title Banks Brokerage Closing 334

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. The self-reported list ranks U.S. 186 spot on the Inc.

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Brokerage Title Agents Residential 365

Housing Wire

SEPTEMBER 27, 2022

Publicly traded real estate firm The Real Brokerage has struck an agreement to acquire the mortgage brokerage arm of real estate and mortgage technology company LemonBrew. The Real Brokerage, headquartered in Ontario, Canada, will pay $1.25 “We are excited to be joining forces with The Real Brokerage.

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Lending Brokerage Loan Officer Technology 355

Housing Wire

JANUARY 10, 2022

The Hanna Family of Companies , the parent company of Howard Hanna Real Estate Services , announced the merger of Erie Title Agency, Inc and Barristers of Ohio to form Erie Title Barristers Group on Wednesday. The Cleveland-based Erie Title has been serving clients in Ohio since 1998.

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Title Brokerage Closing Technology 321

Housing Wire

OCTOBER 25, 2021

The excited and at times nervous first-time homebuyers that James Dunn often represents ask him how that whole process of taking out a mortgage works, and Dunn, a Los Angeles-based real estate agent with eXp , replies with a few trusted names. Two hours south in San Diego, clients ask eXp agent Alanna Strei for a mortgage reference.

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Brokerage Mortgages Lending Title 436

Housing Wire

SEPTEMBER 22, 2021

Real estate brokerage Compass announced Wednesday that it has signed an agreement to acquire Denver metro area based title insurance company First Alliance Title LLC , its fourth title insurance acquisition in the past year and second this month. based KVS Title. The company’s license is not being revoked.

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Title Brokerage Finance Loans 266

Housing Wire

OCTOBER 31, 2022

Third-quarter earnings season kicked off with a bang last week with three ( Stewart, First American and Old Republic ) out of the Big Four title insurers reporting their earnings on Thursday. The firm’s title segment reported an operating revenue of $647.9 At Stewart , Q3 revenue came in at $716.4 million, down from $836.7

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Housing Wire

JANUARY 11, 2024

One potential stream that quickly comes to mind is the potential of capturing title and closing business. For the most part, many brokerages and real estate agents on the buyer’s side of the transaction have continued on with a “business as usual” approach until we have certainty as to the true impact.

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Title Brokerage Construction Closing 404

Housing Wire

MAY 1, 2024

The duo will be part of the Your Nashville Agent team under the leadership of Aaron Joyce. In 2022, the team completed more than $60 million in real estate transactions, ranking them among the top 15 medium-sized agent teams by sides in Tennessee, according to RealTrends.

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Brokerage Title Agents Branding 410

Housing Wire

FEBRUARY 2, 2024

Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We This partnership is poised to enhance agents’ title experiences through streamlined processes, exceptional service and unparalleled mobility.”

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Closing Title Brokerage As-is 297

Housing Wire

FEBRUARY 24, 2021

Digital notary startup Notarize is now offering free notarizations in an effort to eliminate racial covenants in title insurance documents. “Changes to a title require a document to be notarized, and Notarize wanted to help,” said Cristin Culver, a spokesperson for Notarize. Notarize stepped in to offer help.

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Title Brokerage Closing Sales 322

Housing Wire

DECEMBER 29, 2021

One of our big goals at Blueprint Title is to shrink the title insurance business from an $18 billion business to a $10 billion business,” Berneman, the company co-founder and CEO. “We share of the market controlled by small, independent title insurance companies. ow and ease of the entire closing process.

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Title Closing Industrial Technology 303

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 348

Housing Wire

SEPTEMBER 30, 2020

Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty , giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City. The Rand family will continue managing the new firm, which also has a commercial arm and a title services business. “At

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Brokerage Commercial Title Closing 404

Housing Wire

SEPTEMBER 9, 2020

A partnership between Realogy Title Group and Notarize that has sought to accelerate the adoption of remote online notarizations hit a milestone in the first half of 2020. Roughly 400 closing and escrow agents use Notarize’s technology through RTG to close digitally; agents in the remaining 13 states use hybrid options.

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Title Closing Branding Brokerage 320

Housing Wire

OCTOBER 19, 2023

The third day of the highly consequential Sitzer/Burnett class action buyer broker commission lawsuit included a deep dive into the training materials used by various brokerages and the testimony of three of the named plaintiffs. From this, Ketchmark said Keller Williams teaches its agents that a “model will work for you if you follow it.”

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Agents MLS Brokerage Equity 371

Housing Wire

APRIL 12, 2022

Samson is the CEO of Samson Properties , a rapidly growing Northern Virginia-based brokerage. Samson has a different business model and branding than Compass, but both brokerages identify as “agent-centric.”. real estate agent is in peril. agent, who requested anonymity in order to speak candidly about a competitor.

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Title Brokerage Agents Branding 370

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. Though both Redfin and Offerpad feature iBuying and real estate agents, the business models are different.

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Agents Brokerage Title As-is 373

Housing Wire

AUGUST 17, 2023

According to the CFPB, Freedom provided real estate agents and brokers with incentives, including cash payments, paid subscription services, and catered parties in exchange for agent and broker referrals for mortgage loan offerings. CFPB dinged the lender , which paid these brokerages up to $20,000 a month, a $3.5 million fine.

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Mortgages Loan Officer Brokerage Title 369

Housing Wire

OCTOBER 19, 2023

The Real Brokerage has appointed Christian Wallace as chief of integrated home services, the company announced on Thursday. Prior to joining the brokerage , Wallace worked at some of the leading companies in the industry, such as Rocket Homes , Better.com , Opendoor and Farmers Insurance. At Rocket Homes where Wallace worked from Feb.

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Title Brokerage Industrial Development 332

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 335

Housing Wire

MARCH 8, 2024

The mailers are titled “Notice of Proposed Settlements” and they began hitting the mailboxes of home sellers in mid-February. If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. What do the postcards say?

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Agents MLS As-is Title 378

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.

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Housing Wire

JANUARY 23, 2024

It boasts its own in-house digital transaction management platform, a network of agents, in-house title and mortgage services, as well as a 24/7 “concierge” service. As a licensed brokerage , it operates in all 50 states, and its real estate database is powered mostly by MLS-listed homes in the U.S.

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Industrial Title MLS Technology 367

Housing Wire

NOVEMBER 10, 2021

Despite a net loss of $100 million in the third quarter of 2021, Compass CEO Robert Reffkin said he was thrilled with how the brokerage had performed. “I Also trending down from the second quarter is the brokerage’s market share which fell to 5.4% One encouraging sign is that the brokerage’s revenue grew 47% year-over-year to $1.74

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Title Brokerage Loan Officer Principal 362

Housing Wire

FEBRUARY 23, 2024

For many real estate agents, a logical step on their path of professional development is becoming a real estate broker, then working as either a managing broker or a broker-owner. For brokers who are franchise owners in a big-box brokerage model , upstream costs can make it difficult to maintain profitability.

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Brokerage Development Property Management Title 314

Housing Wire

MARCH 9, 2022

the M&A-hungry parent of cloud-based real estate brokerage Fathom Realty , achieved supercharged growth in 2021. Leaders optimistic about future of brokerage. Despite these challenges, Harley and Fathom’s president and CFO Marco Fregenal expressed optimism about the firm’s rising transaction and agent count.

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Title Brokerage Investor Agents 315

Housing Wire

MAY 13, 2021

Compass has successfully become a publicly traded company, but the residential brokerage continues to lose money and it has unclear plans to generate more revenue. But that revenue is wrapped up in home sale commission splits to Compass’s real estate agents – money that goes in and out the door.

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Mortgages Brokerage Title Residential 403

Housing Wire

NOVEMBER 29, 2021

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. These documents are required nationwide and title and real estate agents have access to standard templates from ALTA.

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