Housing Wire

NOVEMBER 29, 2021

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process.

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Closing Title Land Brokerage 331

Housing Wire

JULY 12, 2021

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times reported that SoftBank -backed Better bought Trussle for a “cut-price,” one that values the mortgage brokerage at just $9 million.

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Brokerage Mortgages Loan Officer Banks 387

Housing Wire

MARCH 11, 2024

Broker Kathy Kaye and agent Lorraine Baker joined Coldwell Banker Warburg , a New York City-based real estate brokerage, the company announced last week. During her career, Kaye has developed expertise in luxury properties, as well as new development sales and marketing. In 2022, the team closed more than $28.5

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Development Brokerage Banks Agents 386

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

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Industrial Seller concession Purchase and sale agreement Agents 501

Housing Wire

FEBRUARY 12, 2024

Roughly 10 months since first expanding into Florida , Ryan Serhant’s eponymous brokerage is expanding into its third market in the state. Previously, the brokerage only operated in the Miami and Palm Beach County markets. “We we’ve found much more than just a brokerage,” Mark Raumaker said in a statement. s first in Orlando.

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Marketing Brokerage Agents Development 396

Housing Wire

NOVEMBER 29, 2023

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

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Agents Brokerage Technology Staging 408

Housing Wire

SEPTEMBER 7, 2023

Edgerton and Reisinger will have an impact on the global network of 550-plus independent real estate brokerages. I am excited to continue working closely with her as we broaden our offerings worldwide,” he added. Prior to joining LeadingRE, Reisinger served as Regional Director for relocation and client development at Coldwell Banker.

Brokerage 373

Brokerage Residential Industrial Agents 373

Propmodo

FEBRUARY 19, 2024

They have invested in numerous tech companies via their venture arm Spark, acquired AI startup Skyline AI in 2021, and hired a CTO to focus on developing and deploying new tech. But its new partnership with Microsoft for AI solutions could close the gap. JLL Technologies, the company’s tech division, developed the model.

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Closing Commercial Brokerage Technology 111

Housing Wire

OCTOBER 24, 2023

last year, has joined brokerage firm UMortgage , the company announced on Tuesday. He’ll join forces with fellow veteran loan originator Jay Bunte in the brokerage firm. ” A spokesperson for loanDepot wrote to HousingWire that the company has a tradition of attracting and developing ‘top-notch talent.’

VA loan 417

VA loan Loans Loan Officer Brokerage 417

Housing Wire

SEPTEMBER 20, 2023

And often your first impression as a brokerage or an agent is your online presence. Here are a few pointers to keep in mind for building out your digital presence — whether you’re a solo agent or a global brokerage. Create a beautiful and well-developed space that provides value to your customers. Content plays the long game.

Brokerage 391

Brokerage Branding Design Agents 391

Housing Wire

JULY 21, 2023

Maggie Wu has returned to Compass , and she’s bringing her four-person The W Team to the New York brokerage. In December 2021, she had left Compass to join the young brokerage SERHANT. With the move, Wu returns to where she began her career as junior partner on the Jing Chen Team in 2019. where she launched her own team.

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Brokerage Investor Finance Technology 303

Housing Wire

APRIL 22, 2024

If you opt for the handwritten note option, I’d shorten this by removing the last paragraph and jumping straight from the data to the closing sentence. My name is (your name), and I’m a licensed real estate professional with (your brokerage). Dear (first name), I’m (your name), a local real estate professional with (brokerage).

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Brokerage Investor Agents Pre-approval 351

Housing Wire

OCTOBER 17, 2023

How have things changed on a brokerage level? Let’s compare different brokerage models. A traditional brokerage will offer agents a recognizable brand, a place to hang their hat and resources that have been created to help them succeed.  The new brokerage is creating different options for making money.

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Brokerage Technology Agents Industrial 433

Housing Wire

APRIL 1, 2024

NEXA’s businesses America’s largest mortgage brokerage, NEXA originated $6.29 After NEXA closed on the purchase of Fly Dreams in early 2023, due to regulatory hurdles that Kortas had failed to flag or explain, NEXA was unable to charter the new jet with Fly Dreams,” the lawsuit states. The lawsuit states that Kortas had 50.5%

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Loan Officer Brokerage Mortgages Loans 362

The Close

NOVEMBER 6, 2023

Today’s sophisticated agents want more from their real estate brokerage than just the basic file review, supervision, and commission disbursement. So if you don’t want your brokerage to get left in the dust, you will need to step up the real estate services you provide. You’ll quickly overload yourself and your staff.

Brokerage 95

Brokerage Agents Branding Staging 95

The Close

SEPTEMBER 14, 2023

Are you considering taking the leap of faith and heading out on your own, but you don’t know if you should start your own brokerage from scratch or purchase a real estate franchise? In my 28-year real estate career, I have built two independent brokerages and was an investor in two franchises with Keller Williams Realty.

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Brokerage Purchase and sale agreement Branding Agents 92

Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Are digital closings really worth it? Presented by: Notarize.

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Due diligence Loans Lending Technology 342

Realty Biz

JANUARY 4, 2023

People have developed new digital behaviors and now expect: to have information about properties available in real-time online. The ultimate goal behind such websites is to generate an agent commission upon closing a deal. you might need a custom-developed real estate portal with a powerful CRM system like Salesforce underneath.

Brokerage 89

Brokerage Development Property Management Agents 89

Realty Biz

JULY 1, 2022

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Compass, Inc. About Compass.

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Principal Development Brokerage Residential 86

Housing Wire

JANUARY 11, 2023

Eligible nominees must be corporate finance, capital markets or accounting executives within the mortgage origination or a real estate brokerage spaces and will be selected based on financial management, strategic thinking and contribution to their organization. So what does it take to be among the HW Finance Leaders?

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Finance Banks Brokerage Closing 357

Housing Wire

APRIL 9, 2024

Last week, we wrote a Letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t. While some criticized this announcement, CHLA applauded it. All these homebuyer charges add up. We need to rein them in.

FHA loan 441

FHA loan Loans Title Mortgages 441

Housing Wire

JUNE 11, 2021

Ben developed a process and a service offering — very focused and limited in scope — to help large-production builders effectively market their properties through the MLS and other online resources. He gets paid a fee at closing, and he’s very effective at it. closed sides in 2020 versus 106.9 in 2020 over 2019.

Brokerage 431

Brokerage Branding Agents Closing 431

McKissock

AUGUST 15, 2021

Our recent survey found real estate agent income varies by brokerage type — so you can maximize your earnings by choosing a brokerage that’s more likely to boost your profits. Here’s what we know about how your brokerage can impact your bottom line. That depends on the brokerage. Not every brokerage is created equal.

Brokerage 92

Brokerage Agents Technology Development 92

Housing Wire

APRIL 26, 2021

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. Added the spokesperson, “CAR will continue to monitor the Compass-Glide transaction in the days and weeks ahead and keep you informed of developments.”. sales volume behind only Realogy , according to RealTrend’s 2020 tally.

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Purchase and sale agreement Agents Brokerage MLS 371

Housing Wire

MARCH 21, 2024

This is from 2009 — I opened up a high-tech real estate brokerage with actual agents, working through transactions day in day out and really understanding what processes look like. It became one of the fastest-growing brokerages at the time in Canada, and then I sold that in 2014, and moved to the U.S.

Technology 432

Technology Brokerage Agents As-is 432

Housing Wire

OCTOBER 27, 2023

In response to the marketplace and at the urging of consumer advocates, NAR began to develop guidance for local MLS broker marketplaces as part of what always has been a very involved and public rule-making process aimed at creating the most consumer-friendly market possible. And who is hurt most by that proposition?

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MLS Brokerage Agents Closing costs 461

Realty Biz

OCTOBER 28, 2022

The brokerage and the building were handed down to the owner’s nephew, who decided to close the business and sell the building. Here are a few examples of how I infused business principles into my real estate brokerage: Focus on What’s Important Now. My agent, Renee Cheesman, was affiliated with a small firm. Website: [link].

Brokerage 77

Brokerage Agents Technology Development 77

Housing Wire

NOVEMBER 17, 2020

real estate brokerages and franchise brands , Realogy Holdings Corp., Yannaccone joined Realogy in 2015 as the chief operating officer of ERA , and has since held senior franchise and owned brokerage leadership positions. . The largest owner of U.S.

Branding 362

Branding Brokerage Commercial Residential 362

Housing Wire

JUNE 5, 2023

She was nominated as a 2022 HW Insider for her work in building the company’s digital closing platform from the ground up. “There have been several moments that have shaped my personal and professional development and led to me being captivated by this industry.” What’s on the horizon?

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Technology Title Industrial Closing 278

Broke Agent Media

MARCH 31, 2023

And now, the company will be closing down its real estate brokerage division, which will go into effect on June 1st. We must improve our efficiency and further develop our processes to deliver an unmatched experience for our homeowners and elevated hospitality for our guests. Others are faced with a different dilemma.

Brokerage 52

Brokerage Property Management Investor Agents 52

Housing Wire

AUGUST 12, 2021

In its quarterly earnings call on Thursday, CEO Jay Farner and CFO Julie Booth described a sophisticated company that has developed a product solution for every piece of the home-buying and home-selling ecosystem. Mortgage, title, appraisal, servicing, iBuying, real estate brokerage , green energy — the gamut.

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Mortgages Title Brokerage Development 406

RIS Media

JANUARY 18, 2022

a pay-at-closing home improvement solution for real estate agents, brokerages and home sellers, has announced a $65M Series B funding round to support continued growth in the untapped market for fix first, pay-at-closing home improvement. Curbio, Inc., Curbio has raised a total of $93M since its founding in late 2017.

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Closing Investor Equity Technology 93

Housing Wire

JANUARY 11, 2022

The acquisition is intended to enable Seattle-based Redfin to expand its loans products nationally, as it wants to be a one-stop-shop for brokerage and lending. In addition, Redfin expects to incur a non-cash impairment charge of $2 million to $3 million on mortgage-specific, internally developed software.

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Equity Purchase and sale agreement Loan Officer Lending 461

RIS Media

AUGUST 27, 2021

As technology and data continue to transform the real estate industry and spur competition, some brokerage concierge programs have been developed to provide their agents a leg up. They also make more money for clients, their agents and, of course, brokerages. Not All-Inclusive. appeared first on RISMedia.

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Brokerage Inspection Technology Staging 93

Housing Wire

MARCH 1, 2022

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ This isn’t a new story in mortgage lending or real estate brokerage. They will build indomitable technology teams that develop products and integrate solutions.

Technology 343

Technology Brokerage Lending Mortgages 343

RIS Media

SEPTEMBER 23, 2020

Over the last several years, Zillow has been transitioning from a real estate search portal into a streamlined buying and selling entity that offers iBuying services through Zillow Offers , and mortgage, title and escrow services through Zillow Home Loans and Zillow Closing Services. ” This is a developing story.

Brokerage 111

Brokerage MLS Title Development 111

Realty Biz

MAY 1, 2023

Many were contacted over the last few weeks to get their insights and observations on what they see as the top challenges facing their brokerages for 2023. Along with recruiting productive agents, developing top leaders and talent within your organization to drive agent production and firm profitability is critical.

Brokerage 52

Brokerage Industrial Agents As-is 52