Housing Wire

MAY 14, 2024

The team serves coastal California communities such as Laguna Beach, Newport Beach, Corona Del Mar, Newport Coast, Crystal Cove, Dana Point and more. “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.

Commercial 381

Commercial Construction Residential Technology 381

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. I love the RE/MAX values and the company’s emphasis on technology while not replacing the agent.” The new firm is owned by Haley Larson, who joined RE/MAX with her 17 agents.

Brokerage 393

Brokerage Branding Residential Agents 393

Housing Wire

NOVEMBER 28, 2023

With the residential real estate pendulum swinging from blissful exuberance in the second half of 2020 to extreme consternation for many today, brokers have had to pivot like never before. As such, it certainly feels like that pendulum is a labrys slicing through our brokerage firms. Retain and develop. Spend less money than you make.

Brokerage 404

Brokerage Residential Technology Development 404

Housing Wire

NOVEMBER 3, 2021

The cloud-based brokerage recorded $1.1 The third quarter of 2021 saw eXp agents close 130,029 residential transaction sides, a year-over-year increase of 72%. Residential transaction volume also rose to $46.6 The brokerage was the fourth-largest in the U.S. billion of revenue in the months of July, August and September.

Lending 370

Lending Brokerage Loan Officer Residential 370

Housing Wire

APRIL 23, 2024

We believe that Homes.com is now one of two most heavily trafficked residential marketplace portals in the U.S.,” He believes in the success of Homes.com because it focuses on selling homes and building brands for both agents and brokerage firms. each, representing a value of $2.1 per share in cash and $2.75 in shares of CoStar Group.

Sales 352

Sales Residential Branding Brokerage 352

Housing Wire

AUGUST 14, 2023

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. The technologies that truly succeed are the ones that prioritize saving agents time and driving their business forward and so far there haven’t been many.

Marketing 369

Marketing Technology Residential Agents 369

Housing Wire

AUGUST 7, 2023

Residential property transactions are manufactured with data components assembled from disconnected and diverse sources. Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. The GSE’s $8B profit in 2Q could buy most of the brokerage industry.

Lending 368

Lending Loans Technology Brokerage 368

Housing Wire

JANUARY 12, 2021

SoftBank -backed residential brokerage Compass filed paperwork with the Securities and Exchanges Commission on Monday to go public. The brokerage, which has raised $1.5 Founded in 2012 by Robert Reffkin and Ori Allon, Compass ended 2019 as the third-largest residential brokerage in the country, according to REAL Trends.

Brokerage 410

Brokerage Residential Title Agents 410

GeekEstate

OCTOBER 29, 2021

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This market map real estate technology companies operating across every phase of the home purchase value chain. As such, we’ve included the Blend logo in those areas.

Technology 136

Technology Marketing Purchase and sale agreement Equity 136

Housing Wire

NOVEMBER 7, 2023

million after the brokerage paid its commissions and related expenses. However, it was better than the overall residential industry, which fell 20%, according to Greg Hart, chief operating officer at Compass. Revenue decreased by 10% year over year to $1.34 Revenue was revised down to $241.20 So we have evidence in a major U.S.

Principal 393

Principal MLS Agents Brokerage 393

Housing Wire

DECEMBER 9, 2020

HW Media, publisher of HousingWire, FinLedger, and producer of Engage Events, today announced it has closed on the strategic acquisition of REAL Trends, the residential real estate industry’s leading report that ranks the performance of the top U.S. brokerage firms. HW Media currently publishes HousingWire and FinLedger.

Branding 537

Branding Residential Brokerage Industrial 537

Real Trends

NOVEMBER 8, 2022

Looking to the year ahead as interest rates continue to climb, agents have no choice but to let go of an attachment to legacy business practices, lean into technology for increased business and consider how to expand their capabilities to serve even more clients. For example, the average consumer has no idea what their house is worth.

Technology 112

Technology Agents Property Management Brokerage 112

Real Trends

JUNE 22, 2023

The Real Brokerage this week announced that it picked up two of Southern California’s most productive real estate agent teams – Active Realty and Power Real Estate Group. million in residential sales volume, good for #5 in California. million in residential sales volume last year, according to the rankings.

Brokerage 89

Brokerage Residential Agents Branding 89

Housing Wire

APRIL 26, 2021

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. In effect, said one Bay Area broker, who requested anonymity to speak candidly, “All the agents in California were starting to use Glide for backroom technology.”.

Purchase and sale agreement 381

Purchase and sale agreement Agents Brokerage MLS 381

Realty Biz

FEBRUARY 16, 2023

Two United Real Estate franchise owners have partnered to bring one of the most unique residential real estate models to Charleston. Unlike traditional brokerages, their office provides training, award-winning technology and brokerage support – without charging agents a commission split. The company produced over $21.5

Residential 87

Residential Due diligence Brokerage Development 87

Housing Wire

MARCH 23, 2021

Residential brokerage Compass took another step toward becoming a publicly traded company Tuesday, declaring it intends to sell common stock at a share price of between $23 and $26. would give the brokerage a “fully diluted market value of $12.5 How to Diversify Your Brokerage to Weather Economic Hardship.

Marketing 368

Marketing Brokerage Residential Banks 368

Housing Wire

OCTOBER 7, 2020

In January 2019, Keller, a charismatic Texan who co-founded the company in 1983, took back control of the brokerage from longtime employee John Davis, who had been CEO for just two years. At the time, the residential brokerage industry was grappling with a wave of consolidation, disruptions in technology, poaching wars and slowing growth.

Brokerage 433

Brokerage Technology Agents Residential 433

RIS Media

FEBRUARY 4, 2022

In 2021, our sales associates and independent brokerages continued to recognize the value in leveraging Weichert’s technology, marketing, training and coaching support to compete and grow, as evidenced by our impressive year-end results.”. “In Customized Technology Drives Business. Streamlined Service Begets Success.

Residential 98

Residential Brokerage Technology Closing costs 98

Housing Wire

MARCH 27, 2024

imagine Conference and Expo LGBTQ+ Real Estate Alliance 2024 Conference NAR NXT, The Realtor® Experience Brokerage events Virtual conferences Tips for Networking at Real Estate Events and Conferences 1. It’s no secret that forging new connections at in-person events can help to grow your business. Link to register 2. Link to register 3.

Agents 389

Agents Industrial Technology Branding 389

Housing Wire

MAY 31, 2022

The chief executive officer for real estate brokerage Side announced a fresh $50 million in venture capital money spearheaded by ultra-prolific financier Tiger Global Management. Another, though, is fading enthusiasm from investors and IPO underwriters that a company can upend the notoriously fragmented residential real estate industry.

Brokerage 381

Brokerage Investor Technology Industrial 381

Housing Wire

MARCH 31, 2021

Eight days after Compass unveiled a hoped-for Wall Street valuation of over $10 billion, the New York City-based residential brokerage has significantly scaled back its ambitions for an initial public offering. The brokerage had announced it was trying to manufacture $882 million through the sale of stock at $23-$26 per share.

Brokerage 391

Brokerage Branding Residential Technology 391

Housing Wire

AUGUST 16, 2022

Trius Lending, a local direct and hard-money lender specializing in residential investment, attributed its rapid success to customizing to investors’ needs. According to the firm, the core business at Trius Lending is residential rentals or properties for fix-and-flip. -based, privately held and independent as of Dec.

Mortgages 370

Mortgages Lending Investor Loans 370

Housing Wire

AUGUST 3, 2021

To stay up to data on real estate brokerage news, please check out RealTrends’ BrokerSource newsletter. Durkin will continue to lead the brokerage , its operations, technology initiatives, and strategic growth efforts across the United States. This article was originally published by RealTrends.

Brokerage 378

Brokerage Technology Branding Agents 378

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. The brokerage’s agent count also grew 48% year over year to 8,100 agents. Fathom Holdings Inc. , In 2020, flat-fee absolutist Fathom lost $1.3 This is up from $3.6

Title 366

Title Brokerage Investor Agents 366

Housing Wire

JUNE 1, 2021

You may have never heard of Christy Budnick, but she is suddenly one of the most powerful people in residential real estate. Last week, Berkshire Hathaway HomeServices , a hulking network of franchisee brokerages, named Budnick its CEO. a company with a market value of nearly $700 billion. This content is exclusively for HW+ members.

Brokerage 277

Brokerage Technology Residential Banks 277

Housing Wire

NOVEMBER 10, 2022

Through the first nine months of 2022, Movement funded just under $20 billion in residential mortgages, down 23% year-over-year, according to data from Inside Mortgage Finance. In August, the company acquired the brokerage Superior Rate Mortgage of New England. Her role will focus on technology to drive the company’s growth.

Mortgages 370

Mortgages Loan Officer Loans Residential 370

Housing Wire

AUGUST 2, 2023

AIR is designed to “safeguard the independence, objectivity, and impartiality of appraisers and other Independent Parties throughout the valuation process for 1 to 4-unit residential properties,” according to Fannie Mae. Lenders typically use appraisal management companies (AMCs) to transfer the compliance burden associated with AIR.

Loans 343

Loans Design Residential Brokerage 343

Housing Wire

APRIL 3, 2024

The battle began heating up in September 2023 when CoStar’s residential real estate platform Homes.com surpassed 100 million unique monthly visitors, becoming the second most popular listing portal behind Zillow. Like all of the publicly traded brokerages, Zillow Group saw its stock prices slide, dropping 13.4%

MLS 428

MLS Residential Agents Industrial 428

Housing Wire

NOVEMBER 3, 2023

Right now, the first suit to go to trial should be the Sitzer lawsuit (named after its lead plaintiff), which was scheduled to begin on February 21, 2023, but at the request of Anywhere (referred to as Realogy in all court filings), it has been postponed indefinitely, as reported by Real Estate Reporter Brooklee Han. Judge Stephen R. Bough of U.S.

MLS 318

MLS Brokerage Property Management Agents 318

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. Hurst: Over the first few years of our venture investment activities, we predominantly invested in new models for engaging customers and stakeholders in the residential purchase market. As of Sept.

Title 368

Title Mortgages Commercial Technology 368

RIS Media

APRIL 13, 2022

Designed to further technology innovation in the real estate services market, FWD is a one-of-a-kind pitch competition that highlights forward-thinking technology, ideas and solutions to unlock opportunity for agents and brokers, the company stated. Realogy Holdings Corp. As the leading provider of digital earnest money in the U.S.,

Technology 98

Technology Brokerage Agents Design 98

RIS Media

MARCH 4, 2022

Homes & Properties Realty serves the residential real estate needs of Jacksonville, Tyler, Rusk, Bullard, Flint and surrounding East Texas areas, the company stated. This acquisition brings together two like-minded companies with extensive residential real estate experience.”. For more information visit ebby.com.

Brokerage 98

Brokerage Residential Title Agents 98

RIS Media

FEBRUARY 10, 2022

announced that it has acquired Utah-based iPro Realty Network, a full-service residential real estate brokerage company. iPro Realty Network is an award-winning real estate brokerage with approximately 435 agents that provides a full range of services for buyers and sellers throughout the state of Utah with market dominance in St. .

Brokerage 98

Brokerage Residential Title Agents 98

Housing Wire

APRIL 28, 2021

These patterns are puzzling given the industry’s significant technological changes,” concluded a Brookings Institution paper from 2019. For the past month, HousingWire plunged down the foreboding rabbit hole of residential real estate commissions, uncovering the past, present and future of this wholly unique part of the economy.

Brokerage 381

Brokerage Agents Residential Technology 381

Housing Wire

JULY 13, 2021

Guaranteed Rate, the Chicago-based mortgage lender , and Compass, the New York City-headquartered residential real estate brokerage , “entered into a definitive agreement to form OriginPoint , a new mortgage origination company,” according to a press release Tuesday. Guaranteed Rate has found another dance partner.

Purchase and sale agreement 294

Purchase and sale agreement Brokerage Loan Officer Mortgages 294

RIS Media

JULY 31, 2021

Register today for RISMedia’s next webinar: “How to Increase Your Brokerage Business in a Virtual World.” When it comes to technology and virtual formats, however, you’ll want to keep those skills long-term. Aug 4 at 3 p.m. She’s also an RISMedia 2021 Real Estate Newsmaker.

Brokerage 98

Brokerage Technology MLS Branding 98

Realty Biz

APRIL 20, 2023

For more than 30 years, the brokerage has served the mainland areas of Sneads Ferry, Holly Ridge, Jacksonville, and Wilmington as well as the three beach towns on Topsail Island: North Topsail Beach, Surf City and Topsail Beach. Better Homes and Gardens Real Estate Treasure is well-known for its compassion and commitment to the community.

Branding 98

Branding Brokerage Residential Technology 98