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. Are agents really keeping 100%?

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Brokerage Industrial Agents Residential 369

Housing Wire

JUNE 5, 2023

Click here to nominate an industry insider — a client, colleague, boss or friend — it can even be you! For eight years, HousingWire’s Insiders award has been recognizing the high-achieving industry pros whose roles require them to work behind the scenes while making a major impact within their organizations.

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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. To do so, RealReports is pulling information from over 30 data providers.

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Housing Wire

DECEMBER 23, 2020

The impact of COVID on the real estate market is significant and has forever changed the way our industry operates. This change, while disruptive and uncomfortable for some, has provoked the rapid adoption of real estate technology, the likes of which we haven’t seen before.

Technology 457

Technology Brokerage Industrial Agents 457

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 393

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 of all Realtors.

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Brokerage Branding Agents Sales 426

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). With its captivating and immersive experiences, VR has captured the attention of industry stakeholders, unlocking vast untapped potential.

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Technology Staging Development Agents 327

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 Poleg acknowledged the headwinds faced by the industry, telling analysts that elevated mortgage rates are stifling sales activity. Like many other brokerages , the firm is still in the red (it lost over $20 million last year). The brokerage now operates in 47 states in the U.S.

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Brokerage Agents Title Lending 356

Housing Wire

NOVEMBER 13, 2020

Year to year, the evolution of computer technology can be staggering. In most cases, the advancements cause disruption— and opportunity—in every industry. Drone mapping is replacing manned aerial flyovers such as Google Earth , a technology the industry has relied on for decades. can also be collected and plotted.

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Housing Wire

MARCH 12, 2024

PureWest Christie’s International Real Estate , a Montana -based real estate brokerage, is expanding into northern Idaho , the firm announced on Tuesday. The brokerage , which is a longtime affiliate of Christie’s International Real Estate, is the largest independently owned brokerage in Montana.

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Brokerage Technology Agents Industrial 414

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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Agents Brokerage MLS Technology 361

Housing Wire

SEPTEMBER 6, 2023

The biggest combined brokerage company in the country in terms of all their brands, just said, ‘We’re out. Therefore, it won’t just impact agents, but technology systems, she added. Top of mind, of course, is what exactly the settlement agreements include, besides an agreement by Anywhere to pay a total of $83.5

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Industrial MLS Agents Equity 414

Housing Wire

APRIL 22, 2024

Additionally, Florance believes this model will succeed because it focuses on selling homes and building brands for both agents and brokerage firms. The lead diversion model has genericized real estate brokerages,” Florance said. With the lead diversion model, however, brokerage branding is less prominent. Brands matter.”

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Branding Brokerage Staging Residential 380

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 411

Housing Wire

APRIL 16, 2024

The innovative HEI offering, the world-class technology , and a channel-led strategy were a perfect fit for Legacy.” This market “is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages,” the reporting stated. Legacy is privately owned and terms of the deal were not disclosed. “As

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Equity Investor Technology Industrial 421

Housing Wire

MARCH 27, 2024

The brokerage boasts a team of roughly two dozen licensed agents , as well as support staff members in marketing, management and transaction coordination roles. The Corcoran Group has expanded in recent years and this week welcomed its first franchise in Oregon, Corcoran Prime , the company announced on Tuesday.

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Brokerage Branding Technology Agents 411

Housing Wire

SEPTEMBER 22, 2021

The fastest growing brokerage in insurance industry history, Acrisure , announced Wednesday that it has acquired title insurance and settlement service provider Tempo Title , marking its entrance into the real estate services business. The post Insurance brokerage Acrisure buys Tempo Title appeared first on HousingWire.

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Title Brokerage Branding Construction 289

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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Agents Brokerage Technology Staging 430

Housing Wire

OCTOBER 23, 2020

Stone Point Capital has purchased Vista Equity Partners’ stake in real estate software company Lone Wolf Technologies. We are thankful for the partnership and leadership of Vista Equity Partners over the last five years, and we remain committed to serving the real estate industry going forward.”

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Technology Equity Brokerage MLS 306

Housing Wire

JULY 27, 2021

Michael Franco: The last two years in the mortgage industry have certainly been unique. Origination volume doubled expectations and wide gain-on-sale margins brought on by record low mortgage rates forced the industry to increase their capacity to meet surging loan demand. HW: How does SitusAMC help lenders maximize profitability?

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Industrial Mortgages Lending Due diligence 382

Housing Wire

FEBRUARY 1, 2024

Shortly after EasyKnock acquired home equity investment platform Balance Homes , the company appointed former Balance Homes co-founders Judd Schoenholtz and Aaron LaRue as chief revenue officer and chief technology officer, respectively. LaRue, meanwhile, will focus on the expansion of EasyKnock’s technology platform.

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Equity Technology Lending Development 399

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 368

Brokerage Staging Branding Agents 368

Housing Wire

OCTOBER 17, 2023

He also often looks to the robust marketplace of technology tools available to help automate the mundane to ensure he stays focused on his skill set: delivering stellar customer service. What changes can you make to your day-to-day business practices, technology stack or marketing plan to help avoid these in the future?

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Brokerage Technology Agents Industrial 433

Housing Wire

JANUARY 31, 2024

Josh Team is joining real estate brokerage Serhant as its first-ever president, Inman reported on Monday. After taking a three-year break from the industry, Team, the former president of Keller Williams , chose the brokerage headed by Ryan Serhant to make his comeback. Serhant’s national expansion took off in the spring of 2023.

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Housing Wire

MARCH 21, 2024

Sarah Wheeler: Let’s talk about your background, because you have both technology and real estate experience. Shayan Hamidi: I studied computer science, economics and math and my background is technology. It became one of the fastest-growing brokerages at the time in Canada, and then I sold that in 2014, and moved to the U.S.

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Technology Brokerage Agents As-is 441

Housing Wire

MARCH 12, 2024

Austin-based real estate technology firm OJO is acquiring The LEAD Syndicate , a leverage platform for real estate professionals, according to an announcement on Tuesday. The two firms are coming together to launch Lever by Movoto , OJO’s industry-facing platform. The financial terms of the deal were not disclosed.

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Agents Industrial Branding Brokerage 391

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. But executives noted that Compass outperformed the industry, which reported nearly a 19% decline in transactions sides in 2023. “We

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Brokerage Investor Technology Agents 398

Housing Wire

MAY 14, 2024

Compass has the best tools and technology in the industry, allowing us to operate at efficiencies we’ve only been dreaming of for the past three years,” Skenderian said in a statement. As part of the move, Skenderian is also opening an office in Laguna Beach, California.

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Commercial Construction Residential Technology 382

Housing Wire

MARCH 6, 2024

The evolution of today’s industry has proven to us that you don’t need to be the biggest to be the best. Agents and clients of the independently owned Los Angeles brokerage will have access to global luxury connections through the Christie’s International Real Estate network. When we do that, winning is inevitable.”

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Branding Brokerage Agents Technology 413

Housing Wire

MARCH 18, 2024

It was a part of the 2022 REACH Canada Cohort, a technology scale-up program backed by the National Association of Realtors (NAR). “Our According to Tyler Thompson, managing partner at Second Century Ventures and REACH, the residential real estate industry is ripe for innovation. “By Our expansion into the U.S.

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Marketing Residential Technology Branding 416

Housing Wire

DECEMBER 14, 2023

Post- Sitzer/Burnett case , you need to not only adapt but also engage in candid conversations that drive your brokerage forward. Transparency is the new industry standard If the recent real estate litigation has taught us anything, it’s that being transparent isn’t just a choice; it’s now imperative.

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Branding Agents Brokerage Industrial 402

Housing Wire

OCTOBER 6, 2023

million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public, and they stipulate that the brokerage conglomerate make significant changes to its practices. The terms of Anywhere Real Estate ‘s $83.5

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Brokerage MLS Agents Branding 424

Housing Wire

APRIL 23, 2024

These leaders play a pivotal role in shaping the industry’s narrative, driving business growth and enhancing customer engagement. brands, including brokerage, mortgage, title, insurance and technology. This impact is evident in the achievements of HousingWire’s 2023 Marketing Leaders honorees.

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Marketing Branding Title Development 386

Housing Wire

SEPTEMBER 28, 2023

Highlighting a significant industry challenge, Duffy pointed out, “Our industry has purchased 250 million leads going after 8 million in commissions.” ” In the past, low-fee brokerages were thought to be low service. Now, franchising criteria are stringent, with only 1 in 50 brokerages qualifying.

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Brokerage Agents Industrial Technology 400

Housing Wire

OCTOBER 24, 2022

Real estate brokerage and services company Anywhere Real Estate announced last week that it is appointing Tony Kueh as its first chief product officer. In his new role, Kueh will lead the company’s product strategy, innovation roadmap and technology investments. billion, but the company has remained profitable.

Brokerage 393

Brokerage Technology Title Investor 393

Housing Wire

OCTOBER 13, 2023

“It means access to the industry’s leading technology platform and a vast agent referral network that will yield the greatest returns over time.” “With an already exceptional roster of real estate agents , our brokerage now boasts an even more formidable agent referral network.”

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Principal Brokerage Agents Technology 422

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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