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Indie brokerage Nationwide Real Estate Executives joins eXp Realty

Housing Wire

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 369
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Howard Hanna acquires New York brokerage Rand Realty

Housing Wire

Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty , giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City. The Rand family will continue managing the new firm, which also has a commercial arm and a title services business.

Brokerage 410
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eXp Realty makes changes to its executive team

Housing Wire

Most notably, the brokerage appointed Amy Weaver to the position of senior vice president of the U.S. Sean Murphy is eXp’s new senior vice president of commercial growth, while Nadia Habib was promoted to the role of senior vice president to oversee growth in Canada. The firm’s $143.578 billion in sales volume earned it the No.

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Panic! at the brokerage: Industry leaders plan next steps after NAR settlement

Housing Wire

They could look at a listing and know what they were going to get paid if their client’s deal closed, and now that is not going to be how it works.” It is probably going to be similar to commercial real estate where they are going to have to include compensation as part of the transaction negotiations,” he said. “If

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Can Cushman & Wakefield’s AI Push Close the Gap with CBRE and JLL?

Propmodo

Cushman & Wakefield hasn’t been the leader in commercial real estate when it comes to deploying cutting-edge new tech like AI. But its new partnership with Microsoft for AI solutions could close the gap. The brokerage is building proprietary, in-house technology, but help from Microsoft is invaluable. JLL isn’t far behind.

Closing 113
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UWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

Housing Wire

O n April 2, Hunterbrook Media reported that over 8,600 loan officers at independent brokerages sent UWM more than 99% of their mortgages in 2023, more than double the number of partners sending 99% of their loans to the lender in 2020. Lenders are a mix of credit unions, commercial banks, and mortgage lending companies.

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As commission lawsuits mount, personal injury lawyers see an opportunity

Housing Wire

This explains why Michael Ketchmark, the lead attorney for the plaintiffs in the Sitzer/Burnett suit, chose to sue a whole different group of corporate brokerages in the Gibson lawsuit he filed just hours after the Sitzer/Burnett verdict was announced. This also provides a window of opportunity for personal injury lawyers.

Brokerage 423