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Legacy Group Capital acquires home equity investment fintech Rook Capital

Housing Wire

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

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The Real Brokerage looks to build on 2023’s explosive growth

Housing Wire

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger.

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Top New England indie brokerage Bean Group joins eXp Realty 

Housing Wire

New England-based independent brokerage Bean Group has made the leap to eXp Realty. It is the first brokerage to join eXp Realty through Boost, eXp’s newly released brokerage incentive program. Bean Group, which had been affiliated with LeadingRE , is one of the top brokerages in Northern New England.

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Anywhere reports losses amid slow housing market

Housing Wire

Schneider also highlighted the performance of the Sotheby’s International Realty brand, which stood out by posting a higher year-over-year volume in Q4 2023. During the fourth quarter, transaction sides at the firm’s franchise group, Anywhere Brands , dropped 11% year over year to 165,815.

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Opinion: Creativity is required to succeed in real estate M&A today

Housing Wire

Without revealing any confidential details, for example, Compass is using mostly its own equity rather than cash to deliver value to the sellers. Certainly, the expectations of brokerage firms did not change in terms of the multiple of EBITDA upon which valuations are based. This remains the most active part of the market.

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Jawed Barna named CEO of Engel & Völkers

Housing Wire

Insurance executive Jawed Barna will succeed Sven Odia as the CEO of international luxury real estate brokerage Engel & Völkers , the company announced Thursday. Throughout my career, my top priority has always been empowering people to write their own success story under the E&V brand. million in volume.

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Disruptor Roundup: Tech- and Agent-Centric Brand Bolsters the Real Brokerage Inc.

RIS Media

For emerging brokerages carving out their niche in the market, recruitment and retention of top talent have become essential to their trajectory. For Real Brokerage Inc. Real), that has meant offering “low splits, revenue sharing, equity and more.” ” More Money in Agent’s Pockets. . Tech and Support .

Brokerage 101