Housing Wire

NOVEMBER 7, 2023

63 among the 500 best brokerages by volume. “We We are excited to partner with Newrez because their vision, and more importantly, their values fit nicely with our own,” Al Donohue, the operating principal, said in a statement on Monday. “We Carnegie Mortgage Partners’ office is in Ridgewood, New Jersey. In all, BCP agents notched $4.2

Mortgages 410

Mortgages Principal Brokerage Lending 410

Housing Wire

OCTOBER 13, 2023

The Connecticut-based Beinfield Team returned to Compass , the company announced on Tuesday. “This transition is all about securing the future success of my team,” Liz Beinfield, the team’s principal agent, said in a statement.

Principal 431

Principal Brokerage Agents Technology 431

Housing Wire

NOVEMBER 15, 2023

Willis joined Keller Williams from Coldwell Banker in 1991, serving in multiple roles during his time with the brokerage. Treble damages could result in NAR and the defendant brokerages paying roughly $5.36 Mark Willis, who served as CEO of Keller Williams from 2005 to 2014, has stepped back into the role effective immediately.

Brokerage 432

Brokerage Principal Industrial Agents 432

Housing Wire

NOVEMBER 9, 2023

The brokerage already initiated a search process to find a replacement. Until a new CFO is appointed, Kent Cheng, eXp World Holdings ’ chief accounting officer, will serve as the eXp’s principal financial officer, the company said in a statement. Meanwhile, Whiteside, who was CFO for five years, will stay at the company until Dec.

Principal 403

Principal Brokerage Agents As-is 403

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. There is an agreement but what about approval?

Industrial 450

Industrial MLS Brokerage Agents 450

Housing Wire

APRIL 24, 2024

Technically, it encompasses brokers, principal agents and closed loan sellers,” he said. “We As any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. With the right ambassador, that task is made simpler. My goal is to activate some of those.”

Mortgages 410

Mortgages Loan Officer Principal Loans 410

Housing Wire

FEBRUARY 27, 2024

who sold a house on an MLS and used an agent from one of the brokerage defendants between Dec. Douglas Elliman also cites lack of jurisdiction in its motion to dismiss, stating that Douglas Elliman International and Douglas Elliman Realty are holding companies that are not licensed as real estate brokerages in Missouri or elsewhere.

Brokerage 420

Brokerage Principal MLS Industrial 420

Housing Wire

JULY 18, 2023

In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Whitfield is the founding principal of the Whitfield Property Group and he recorded $33 million in sales volume in 2022. Rizo is coming to The Agency from Douglas Elliman. and Mexico.

Agents 370

Agents Loan Officer Principal Brokerage 370

Housing Wire

SEPTEMBER 29, 2023

According to the brokerage, 6.5% The average principal and interest payment among borrowers purchasing a home using a 30-year fixed-rate loan hit its highest point ever in July at $2,306 , according to Black Knight ’s mortgage monitor report. homes for sale posted a price cut during the four weeks ending September 24, up from 5.8%

Mortgages 508

Mortgages Principal Brokerage Finance 508

Housing Wire

OCTOBER 24, 2023

In his testimony, Gansho stated that NAR does not conspire with brokerages on commissions, and he echoed Goldberg’s sentiment that brokerages do not follow and enforce the rule. Initially, Ketchmark tried to establish that NAR’s Clear Cooperation rule, which lies at the crux of the lawsuit, is in itself a conspiracy.

MLS 421

MLS Principal Brokerage Agents 421

Realty Biz

JULY 1, 2022

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Compass, Inc. She holds an A.B. from Smith College, an M.P.A.

Principal 86

Principal Development Brokerage Residential 86

Housing Wire

MARCH 21, 2024

Also noting a spike in business was David Heilman, principal for HomeGrown Financial in Mount Pleasant, South Carolina. “I I’m working with a couple of brokerage firms on a multipart agent training series,” Frank Borg, a Seattle -based originator with Fairway said in a February interview. to 374,” RMI said. (up to 358 loans).

Mortgages 427

Mortgages Loans Equity Principal 427

Housing Wire

MARCH 3, 2022

The real estate brokerage unveiled its first annual report Monday, a federally required document for any public company. Indeed, most other brokerages either do not provide an adjusted EBITDA figure or give one at less variance to net income. Now, you don’t really hear about them.”. If Miller is right and Compass, after raising $1.5

Brokerage 370

Brokerage Principal Agents Staging 370

Housing Wire

FEBRUARY 17, 2021

Snapping up Alexander is part of a “national expansion plan,” said Chris Lim, president of growth at @Properties, with the Windy City brokerage eying a “half-dozen” franchise announcements in the coming year. How to Diversify Your Brokerage to Weather Economic Hardship. billion in 2019 sales, according to RealTrends.

Brokerage 395

Brokerage Principal Technology Equity 395

RIS Media

JUNE 5, 2023

The firm, founded in 2008 and operated by broker Christopher Brown and principal Scott Bolli, is now known as Next Real Estate Group ERA Powered & Next… The post Sacramento Brokerage Joins ERA Network appeared first on RISMedia.

Brokerage 57

Brokerage Principal As-is Industrial 57

Housing Wire

APRIL 1, 2024

The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages. In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period. The annual investment volume in the U.S. And that has already started to happen,” Craft said.

Equity 440

Equity Finance Purchase and sale agreement Investor 440

Housing Wire

AUGUST 21, 2023

In the same filing, RE/MAX announced that it had let go of Adam Grosshans, the firm’s principal accounting officer, as part of the reorganization. She was also appointed as RE/MAX’s new principal accounting officer. Denver -based real estate giant RE/MAX announced that it was laying off 7% of its staff on Friday.

Principal 370

Principal Technology Agents Design 370

Housing Wire

APRIL 1, 2021

Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 Last week, the brokerage announced in a Securities and Exchange Commission filing that it sought around $882 million from its initial public offering by trading 36 million shares at $23 to $26. Investors initially paid $21.15-a-share

Brokerage 390

Brokerage Principal Loans Branding 390

Housing Wire

SEPTEMBER 26, 2023

The team of three, led by principal Liz Quinn, was previously affiliated with Realty Executives. Realty Group hopes to leverage the Compass client referrals network, along with the brokerage’s strategic support and end-to-end technology platform. “Our Quinn & Co. We are thrilled to welcome Quinn & Co. Quinn & Co.

Principal 409

Principal Technology Agents Industrial 409

RIS Media

JANUARY 19, 2022

Berkshire Hathaway HomeServices PenFed Realty, one of the country’s fastest-growing brokerages, with 2,000 agents and $8 billion in annual sales, today announced a merger with Berkshire Hathaway HomeServices McNelis Group Properties of Solomons, Md. For more information, visit [link].

Brokerage 98

Brokerage Principal Branding Agents 98

RIS Media

JUNE 22, 2021

Vice President/Principal Broker. Jameson Doris: You merged your brokerage with United Real Estate in October 2019. Cynthia Benchick: I knew a day would arrive when I would need to look outside of my firm for the tools and resources to keep my agents and brokerage competitive. ” What makes your brokerage smarter? .

Brokerage 96

Brokerage Principal Agents Banks 96

Housing Wire

NOVEMBER 30, 2023

3] [4] Step 2: Select a sponsoring real estate brokerage The state of Ohio requires anyone who wants to be licensed as a real estate agent to be sponsored by a brokerage before they take the licensing exam. Ready to find a real estate brokerage? After clearing your background check, you can apply to take the Ohio licensing exam.

Brokerage 430

Brokerage Pre-approval Agents As-is 430

Housing Wire

AUGUST 17, 2023

The first thing we go through when I work with real estate brokerages — whether it’s in helping them to streamline their technology or to prepare for sale — is their financials. Scott Petronis is the founder and principal at Xcentric Consulting, LLC. And, one thing that I always spot in these financials is excess spending.

Technology 348

Technology Principal Brokerage Agents 348

Housing Wire

AUGUST 14, 2020

Lessinger is a founding principal and broker/owner of RE/MAX Realty in Nevada, having built a team of 130 agents in three offices over the span of 22 years. For the last 16 years, the brokerage ranked as Northern Nevada’s highest-producing real estate office by agent activity.

Lending 335

Lending Principal Industrial Development 335

Housing Wire

JULY 1, 2022

The mortgage-servicing rights (MSR) market continued to defy gravity and remained upward bound as June came to a close. On the last day of the month, the New York-based Mortgage Industry Advisory Corp. (or or MIAC Analytics) released bid documents for an MSR offering it is brokering that exceeds $5 billion in value. and 39.5%, respectively.

Closing 367

Closing Marketing Loans Mortgages 367

Housing Wire

JUNE 16, 2022

Based on our conversations with clients, we believe many market participants will be pleased with the aggressive approach of the Federal Reserve, as there is some belief the Fed’s decision will more quickly bring stability to the home mortgage interest rate environment,” said Marty Green, principal at mortgage law firm Polunsky Beitel Green. .

Marketing 421

Marketing Fixed-rate mortgage Loan Officer Pre-approval 421

Realty Biz

APRIL 29, 2021

Better Homes and Gardens Real Estate LLC announced today that principals of the former RE/MAX Clarity, based in Chula Vista, Calif., have formed a new brokerage and affiliated with the BHGRE ® brand. The company will be known as Better Homes and Gardens Real Estate Clarity. . million to $3 million.

Brokerage 82

Brokerage Branding Principal Technology 82

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. So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? And why not? Instead, they’re leaving money on the table.

Commercial 421

Commercial Brokerage Due diligence Title 421

Housing Wire

JUNE 16, 2022

The Prestwick Mortgage Group , an Alexandria, Virginia-based MSR advisory and brokerage firm, served as the exclusive broker for a $618 million package of Fannie Mae and Freddie MAC MSRs that was put out to bid earlier this month. Nearly 62% of the loans by unpaid principal balance in the latter $816.7 Presented by: Selene Finance.

Loans 369

Loans Mortgages Principal Brokerage 369

Housing Wire

MAY 23, 2023

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. That’s why the market is so brisk,” Cohen said. For the most part, it’s the $3 million and under category.

Mortgages 382

Mortgages Marketing Loans Banks 382

Realty Biz

NOVEMBER 16, 2023

Problem 4: Choosing the Right State Choosing the right state to base your brokerage career is more significant than you might think. Your choice can influence your brokerage journey's trajectory, success rate, and job satisfaction. However, like any professional path, it comes with its share of challenges.

Brokerage 100

Brokerage Principal As-is Agents 100

Housing Wire

APRIL 27, 2023

billion in unpaid principal balance (UPB) as of March 31, up 2% from December 31. However, Pennymac’s profitability declined compared to the previous quarter amid a still-challenging mortgage market. The company reported on Thursday its net income came in at $30.4 million in Q1 2023, down from $37.6 million in Q4 2022 and $173.5

Principal 370

Principal Banks Loans Mortgages 370

Real Trends

JULY 12, 2023

The Austin, Texas-based brokerage announced Willis’ return in a press release on Wednesday. Willis joined KW from Coldwell Banker in 1991, serving as a regional director, operating principal and team leader. In early 2022, Willis was tapped by eXp Realty to take an executive-level position at the brokerage.

Brokerage 98

Brokerage Principal Investor Industrial 98

RIS Media

MARCH 16, 2022

The affiliation gives @properties Christie’s International Real Estate agents in Detroit and Dallas access to a luxury brokerage network with member firms in nearly 50 countries and territories, special marketing partnerships and referral opportunities with Christie’s. A second office, in Frisco, is opening soon. “As

Brokerage 97

Brokerage Principal New Construction Construction 97

Realty Biz

APRIL 4, 2023

Thayne Houston, Principal Broker, ERA Brokers Consolidated, St. Jim Napier, President and Principal Broker, Napier Realtors ERA, Richmond, Va., Joanne is also known for creating a company where customer service is a priority, resulting in the brokerage becoming a three-time winner of the Jim Jackson Memorial Award for 1 st in Service.

Principal 87

Principal Branding Brokerage Industrial 87

RIS Media

MAY 16, 2022

Better negotiation skills not only ensure a REALTOR® is getting the best deal for themselves and their brokerage, but also their clients. Better negotiation skills not only ensure a REALTOR® is getting the best deal for themselves and their brokerage, but also their clients. Rob Nahigian is a principal with Auburndale Realty Co.

Principal 97

Principal Commercial Brokerage Agents 97

RIS Media

MARCH 3, 2022

” A software technology company that provides real estate brokerages with a marketplace for buying and selling solutions via its white-labeled platform, zavvie offers brokerages new ways to buy and sell homes while keeping agents at the center of every transaction. million REALTORS®. He has a Ph.D. He has a Ph.D.

Technology 98

Technology Brokerage Principal Industrial 98