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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.

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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.

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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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Karen Copeland of First Team Real Estate Closes $5.3 Million Commercial Sale

First Team Real Estate

HESPERIA, CA – First Team Real Estate High Desert office agent Karen Copeland recently completed the sale of a retail commercial center in Hesperia, CA , successfully representing both the seller and the buyer in the transaction. Million, with both sides, the gross sale amounts to a total of $5.3 The cap rate is 5.5%

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Opinion: All the ways the class-action commission lawsuits are misguided

Housing Wire

In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. ZipRealty closed nearly 30,000 transactions at its peak. Just look at CoStar’s dominance over the commercial brokerage market. It’s not a pretty sight.

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Title insurers turn profits even as the market cools

Housing Wire

In addition, both non-commercial and commercial title revenue were down, with yearly decreases of 18% and 5%, respectively. The market has shifted away from refinance towards purchase and commercial transactions, which is where we are stronger. The firm’s title segment reported an operating revenue of $647.9 year over year. “We’ll

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Proptech bettor First American looks toward mortgage tech and CRE

Housing Wire

We caught up with Hurst to talk about his new role and why the firm is looking to invest in commercial real estate tech startups and mortgage tech firms. Since we now have good coverage across those segments, our more recent investments have primarily focused in two areas – mortgage technology and commercial real estate.

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