Housing Wire

MARCH 20, 2024

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. Those fees are not insignificant, but if you have a sale a year, you can cover them, but why would someone on the fence want to risk it?”

Brokerage 450

Brokerage Agents Industrial As-is 450

Housing Wire

SEPTEMBER 27, 2023

“With this acquisition, we’ve positioned ourselves as Austin’s leading brokerage—our commitment to setting new standards and inspiring innovation for all our exceptional agents remains the top priority while honoring what Realty Austin and Realty San Antonio has built,” Rachel Hocevar, the president of Compass Texas, said in a statement.

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Brokerage Agents Branding Technology 410

Housing Wire

AUGUST 2, 2023

Engel & Völkers , the global luxury real estate brand, just partnered with Dilbeck Real Estate , one of Southern California’s top real estate teams. Approximately 400 Dilbeck agents and support staff will operate under the Engel & Völkers brand. billion in sales volume last year, according to the RealTrends 500 rankings.

Brokerage 370

Brokerage Branding Agents Sales 370

Housing Wire

APRIL 23, 2024

“We believe adding 3D digital twins for Homes.com will increase the leads we deliver, increase customer satisfaction, increase renewal rates, increase sales and increase site traffic further.” In the first quarter, the sales team for Homes.com generated nearly $40 million in net new bookings.

Sales 412

Sales Residential Branding Brokerage 412

Housing Wire

AUGUST 2, 2023

Daryl Owen , the founder of top California independent brokerage Nationwide Real Estate Executives , is joining eXp Realty and taking 200 agents along with him. In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesday.

Brokerage 370

Brokerage Commercial Property Management Branding 370

Housing Wire

DECEMBER 8, 2023

As a result of this scheme, the purportedly non-negotiable commissions of buyer agents are rolled into the sale price of homes. In addition to all of the local firms named, the amended complaint also added Anywhere brand, ERA Franchise System to the defendants list, as well as Weichert of North America , eXp Realty and Redfin.

Brokerage 432

Brokerage MLS Branding Agents 432

Housing Wire

NOVEMBER 20, 2023

I decided to break down the numbers and look at brokerage economics. Last year, nationally there were slightly over 10 million transactions of existing homes sales. What we also know is that the average gross margin, the money that is retained by brokerage firms, is about 14% of gross commissions among all brokerage firms in the U.S.,

Brokerage 428

Brokerage Branding Agents Industrial 428

Housing Wire

MARCH 24, 2023

Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. 1 in sales volume to to the top of the list and retained their No. 1 this year, with 397,138 transactions side, sparking an incredible growth line for the brand. Last year, Compass rose to No.

Brokerage 441

Brokerage Branding Agents Sales 441

Housing Wire

AUGUST 3, 2023

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. In his new position, he will help build visibility for the brand, attract more agents as well as drive agent’s performance through coaching and development. “I

Brokerage 370

Brokerage Development Agents Industrial 370

Housing Wire

JANUARY 19, 2022

The real estate brokerage has not announced agent hires, but it has tapped a managing broker for the state in John Wollberg. Wollberg was most recently the executive vice president and managing director of sales and operations at Brown Harris Stevens , a Manhattan-based brokerage headquartered on Park Avenue. real estate.

Brokerage 410

Brokerage Branding Residential Agents 410

Housing Wire

APRIL 5, 2022

The 2022 RealTrends 500 brokerage companies are gaining market share an historic rates. An analysis of the top five-year movers by transaction sides show the big brands at the top. Hanna Holdings (4), the largest independent in the top five saw an increase of 33,538 sides, and Realogy Brokerage Group was No.

Branding 410

Branding Brokerage Closing Agents 410

Housing Wire

MARCH 22, 2021

San Francisco-based real estate brokerage Side announced Monday that they raised $150 million, ushering in a new phase for the four-year-old company. For example, top Beverly Hills luxury producer Ben Bacal started the brand “Revel Real Estate” under the Side brokerage. Presented by: Motto Mortgage.

Brokerage 397

Brokerage Branding Agents Investor 397

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. RealTrends Brokerage Compensation Report. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. Broker Studies.

Brokerage 384

Brokerage Principal Branding Agents 384

Housing Wire

APRIL 25, 2024

This is the seasonally slow part of the year and we are in a very difficult housing market with a record-low level of unit sales.” Schneider highlighted the performance of the Sotheby’s International Realty brand, which stood out by posting a higher year-over-year volume in Q1 2024.

Branding 431

Branding Technology Title Brokerage 431

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. Presented by: Axis Technical Group.

Lending 397

Lending Brokerage Mortgages Banks 397

Housing Wire

APRIL 25, 2024

Real estate brokerage eXp Realty has added industry veteran Wendy Forsythe to its leadership team. According to the release, in this role, Forsythe will be responsible for building the firm’s marketing strategies and global initiatives, working to expand the company’s brand visibility. 3 spot in the rankings.

Marketing 416

Marketing Branding Brokerage Staging 416

Broke Agent Media

MARCH 14, 2023

BAM’s Key Details: Every year, T3 Sixty releases T3 Top 5 rankings, which list the nation’s five largest real estate enterprise companies, brokerages, franchise brands and franchisees. Rankings are determined by sales volume for 2022 and calculated against NAR’s existing home sales data. in sales volume (-13.7%

Branding 98

Branding Brokerage Sales Residential 98

Housing Wire

APRIL 5, 2022

Compass once again comes out on top in the 2022 RealTrends 500 brokerage rankings , with a $237 billion increase in sales volume over the last five years — 2017-2021, ranking No. 1 of the Top 5-Year Movers by Sales Volume. This ranking shows the firms that had the largest increase in sales volume between 2017 and 2021.

Sales 397

Sales Brokerage Branding Agents 397

Housing Wire

APRIL 26, 2024

HomeServices of America , the last remaining brokerage defendant in the landmark Sitzer/Burnett antitrust commission case , has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation across America. The New York Times first reported the story.

Brokerage 466

Brokerage MLS Agents Branding 466

Housing Wire

FEBRUARY 15, 2024

Anywhere Real Estat e felt the brunt of slow home sales during the fourth quarter of 2023 as the company reported a loss of $107 million during the three-month period. Home sales transaction volume dropped 19% year over year. It generated $1.3 billion in revenue in the fourth quarter, a decrease of 6% year over year.

Marketing 410

Marketing Branding Brokerage Sales 410

RIS Media

APRIL 19, 2024

Better Homes and Gardens Real Estate The Platinum Collective, based in Newcastle, Oklahoma, is the latest firm to join the lifestyle real estate brand.

Brokerage 117

Brokerage New Construction Commercial Land 117

Realty Biz

OCTOBER 2, 2023

David has been named as one of the top 100 producers in Lake Norman real estate sales and earned the Top Negotiator Award in 2020 from HomeLight. While we can bring our clients the local knowledge they need, the brand will provide us with the reputation and opportunities to expand our range of services even further.”

Branding 98

Branding Brokerage Marketing Technology 98

Housing Wire

OCTOBER 24, 2023

Despite stalling home sales in the third quarter, Anywhere Real Estate managed to deliver “considerable profitability.” ” The company produced these results as home sale transaction volume dropped 13% over last year. .” ” The company produced these results as home sale transaction volume dropped 13% over last year.

Marketing 432

Marketing Branding Brokerage Sales 432

Housing Wire

JANUARY 30, 2024

In his new role, Mitchelson will lead the expansion of the Corcoran brand both domestically and internationally while working closely with the Corcoran affiliate network’s existing sales team. Before joining Corcoran, Mitchelson was the regional president of Windermere Real Estate , a Pacific Northwest-based luxury brokerage.

Development 421

Development Branding Brokerage Sales 421

Housing Wire

MAY 7, 2024

With a 67% annual increase in agent count to 16,680 agents during the first quarter of 2024 , it is no surprise that The Real Brokerage also recorded an 86% annual increase in revenue to nearly $201 million. The uptick in agent count contributed to a 74% yearly jump in transaction count to 19,032 sides, good for a total sales volume of $7.5

Industrial 246

Industrial Agents Brokerage Title 246

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. In 2022, Larson’s agents achieved $55 million in sales volume, according to the release. In 2022, Larson’s agents achieved $55 million in sales volume, according to the release.

Brokerage 397

Brokerage Branding Residential Agents 397

RIS Media

JANUARY 23, 2024

Curbio announced that it is expanding its Brokerage Partnerships Program to meet the increased demand for vertically integrated brokerage solutions. Through its partnerships program, Curbio provides real estate brokerages with a pay-at-closing pre-listing home improvement product branded to their company and powered entirely by Curbio.

Brokerage 116

Brokerage Branding Closing Sales 116

Housing Wire

OCTOBER 10, 2023

Coldwell Banker has appointed Jason Waugh as president of Coldwell Banker Affiliates, where he will lead the brand and be responsible for strategy, operations and sales for the Anywhere-owned company’s growing network of franchises. Sales professionals, broker-owners — they have a lot of choices out there.

Branding 421

Branding Commercial Brokerage Residential 421

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 370

Brokerage Staging Branding Agents 370

RIS Media

OCTOBER 16, 2023

has announced the affiliation of Florida brokerage now doing business as Mutter Realty ERA Powered. The brokerage and its nearly 40 affiliated sales professionals serve all of Brevard County, the company stated. ERA Real Estate, a subsidiary of Anywhere Real Estate Inc.,

Branding 117

Branding Brokerage Sales As-is 117

Realty Biz

JULY 21, 2023

a global industry leader and the most recognized brand in real estate*, continues to strengthen its presence in the greater Denver Metropolitan area with the affiliation of Signature Realty, a Westminster-based firm in its 20th year of operation. Kyle joined her in the business in 2003 following a successful career in sales and marketing.

Branding 79

Branding Brokerage Sales Agents 79

Realty Biz

SEPTEMBER 27, 2023

She then used her industry knowledge to assist her mother in opening their own brokerage where she quickly took over the back-end business operations. From historic homes and revitalized villages to bustling beaches and luxury waterfront properties, the Anchor Real Estate affiliated sales associates have become familiar with it all.

Branding 98

Branding Brokerage New Construction Industrial 98

Housing Wire

SEPTEMBER 15, 2023

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.

Brokerage 409

Brokerage Branding Equity Agents 409

Realty Biz

FEBRUARY 27, 2023

She now becomes the Better Homes and Gardens ® Real Estate brand’s first Black female owner. As we move forward with our careers, we have chosen to participate in owning our own brokerage. We chose to affiliate with the Better Homes and Gardens Real Estate brand because, in our opinion, it surpasses all other brands.

Branding 82

Branding Brokerage Technology Industrial 82

Realty Biz

OCTOBER 7, 2023

After leaving this position, she started in real estate behind the reception desk before quickly landing a role as a mortgage loan processor and eventually becoming the head of a successful 30-agent brokerage. Hernandez already has her sights set on the business expansion with the backing of the CENTURY 21 ® brand.

Branding 70

Branding Brokerage Investor Agents 70

Housing Wire

AUGUST 3, 2023

8 by both transaction sides and sales volume in the 2023 RealTrends 500 brokerage rankings. In her new role, she will be responsible for overseeing various legal aspects of @properties’ fast-growing business. properties was ranked No. and internationally for both @properties and Christie’s International Real Estate.

Title 370

Title Brokerage Branding Commercial 370

Realty Biz

DECEMBER 2, 2022

Launching the brokerage with the Better Homes and Gardens ® Real Estate brand, Palmer can build a full-service firm where agents will have access to proprietary avenues for lead generation, technology resources and business-building tools. I couldn’t think of a better brand to help me build a real estate firm in Thomasville.

Branding 83

Branding Brokerage Technology Agents 83