Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. We both shared a passion for our families, our clients, being involved in our communities, understanding the importance of having a solid business plan and advocating for both our industry and the clients we serve.

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Brokerage Branding Agents Sales 421

Housing Wire

MARCH 19, 2024

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. billion ), Douglas Elliman ($42.8 billion.

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Brokerage Industrial MLS Sales 465

Housing Wire

AUGUST 30, 2023

Fast-growing firm The Real Brokerage is welcoming yet another top-performing agent to the company. Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. Newman has more than 20 years of experience in the real estate industry.

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Brokerage Technology Agents Industrial 392

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. Trust is everything in this industry, and we’ve made a product that supercharges an agent’s ability to share their knowledge and build credibility at all times.”

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Brokerage Agents Industrial Closing 402

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. As part of his role at Real, Nartey will teach agents how to pitch the value proposition of The Real Brokerage. He will continue to grow his team through The Real Brokerage network.

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Brokerage Development Agents Industrial 363

Housing Wire

SEPTEMBER 7, 2023

Rather than belabor the kick in the teeth this industry is feeling, I’d like to bring attention to the other side of the coin that has some real estate brokers licking their chops. Real estate brokerage is definitely not for the faint of heart. With the Realtor count close to 1.6

Brokerage 391

Brokerage Land Residential Agents 391

Housing Wire

AUGUST 10, 2023

Low-cost residential real estate brokerage is not necessarily a new phenomenon. Flat-fee firms climbing up the brokerage rankings Interestingly, in 2013 only five of the top 100 firms in the nation, according to the RealTrends 500 rankings , were flat-fee firms. Low-cost brokerage has kicked brokers in the teeth over the years.

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Brokerage Industrial Agents Residential 370

Housing Wire

JANUARY 23, 2024

As a licensed brokerage , it operates in all 50 states, and its real estate database is powered mostly by MLS-listed homes in the U.S. As a real estate hub, Xome offers services such as asset management, property disposition, title, close and valuation through an integrated, technology-driven platform.

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Industrial Title MLS Technology 430

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 395

Housing Wire

MARCH 24, 2023

Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. These four brokerage companies did just over $20 billion in residential gross commission revenue, which shows steady growth in a down market,” said RealTrends Senior Advisor Steve Murray. “In of all Realtors.

Brokerage 439

Brokerage Branding Agents Sales 439

Housing Wire

NOVEMBER 13, 2023

Ron Frasier, a title industry veteran and CEO of title startup Atlas Title , has been watching the commission lawsuit saga closely. “If Industry professionals are also anticipating changes in the types of joint ventures and affiliated business agreements (ABAs) populating the title space.

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Title Industrial Purchase and sale agreement Agents 421

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 During the second quarter, Real once again delivered best-in-class growth with our agents closing a record number of transactions,” said Tamir Poleg , the CEO of Real. Like many other brokerages , the firm is still in the red (it lost over $20 million last year). compared to 8.3%

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Brokerage Agents Title Lending 364

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.

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Lending Brokerage Mortgages Banks 397

Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual RealTrends 500 ranking. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass. It notched $151.7

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Brokerage Residential MLS Sales 491

Housing Wire

OCTOBER 23, 2023

Over the course of our 40+ years at RealTrends Consulting we’ve brokered and/or advised on over 900 transactions in the residential real estate industry. Having this data at your fingertips will help keep the process streamlined and keep you on schedule for your targeted closing date. Data cleanliness can make or break a transaction!

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Due diligence Brokerage Staging Agents 414

Housing Wire

APRIL 17, 2024

Key highlights from this month’s AMI show that the decline in the number of active agents, those with a closing in the past year, has plateaued. Moreover, the AMI reveals an upward trend in agents switching between brokerages, though the expected peak for March fell short of previous highs, the overall trend continues generally upward.

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Agents MLS Brokerage Industrial 421

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.

Brokerage 420

Brokerage Mortgages Loan Officer Banks 420

Housing Wire

SEPTEMBER 6, 2023

The biggest combined brokerage company in the country in terms of all their brands, just said, ‘We’re out. For buyers, the NAR argues these marketplaces save them the burden of extra costs at closing, allowing them to get professional representation and make homeownership possible for more people.

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Industrial MLS Agents Equity 421

Housing Wire

NOVEMBER 13, 2020

In most cases, the advancements cause disruption— and opportunity—in every industry. Drone mapping is replacing manned aerial flyovers such as Google Earth , a technology the industry has relied on for decades. Modern drone technology is an excellent mapping tool that helps agents close deals more quickly.

Industrial 450

Industrial Technology Land Brokerage 450

Housing Wire

APRIL 25, 2024

Real estate brokerage eXp Realty has added industry veteran Wendy Forsythe to its leadership team. “Her industry background and understanding of modern real estate marketing will best position us to expand our reach and impact in the market.” “I’m absolutely thrilled to join eXp Realty.

Marketing 392

Marketing Branding Brokerage Staging 392

Housing Wire

SEPTEMBER 22, 2021

The fastest growing brokerage in insurance industry history, Acrisure , announced Wednesday that it has acquired title insurance and settlement service provider Tempo Title , marking its entrance into the real estate services business. The post Insurance brokerage Acrisure buys Tempo Title appeared first on HousingWire.

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Title Brokerage Branding Construction 309

Housing Wire

APRIL 29, 2024

Most notably, the brokerage appointed Amy Weaver to the position of senior vice president of the U.S. As we navigate a fluctuating economic landscape, it is crucial that we continue to innovate and double down on our growth efforts, ensuring that eXp Realty remains a leader in the real estate industry.

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Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual ranking by Real Trends. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass. It notched $151.7

Brokerage 357

Brokerage Residential MLS Sales 357

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

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Agents Brokerage MLS Technology 386

Housing Wire

FEBRUARY 20, 2024

Illinois-based Baird & Warner , an independent real estate brokerage, partnered with proptech firm RealReports , the companies announced Tuesday. In 2022, Baird & Warner closed 15,454 transaction sides totaling nearly $6.3 Founded in 1855, the brokerage lays claim as the oldest U.S. brokerage still in operation.

Brokerage 418

Brokerage Agents Design Industrial 418

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 410

Housing Wire

JULY 27, 2021

Michael Franco: The last two years in the mortgage industry have certainly been unique. Origination volume doubled expectations and wide gain-on-sale margins brought on by record low mortgage rates forced the industry to increase their capacity to meet surging loan demand.

Industrial 384

Industrial Mortgages Lending Due diligence 384

Housing Wire

MARCH 12, 2024

In an announcement on Tuesday, the brokerage noted that it had expanded the program to more than a dozen additional markets, including Chicago, Los Angeles, Philadelphia, San Diego and San Francisco. The buyer will receive the refund at closing.

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Purchase and sale agreement Brokerage Agents Closing 431

Housing Wire

SEPTEMBER 7, 2023

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton and Reisinger will have an impact on the global network of 550-plus independent real estate brokerages.

Brokerage 397

Brokerage Residential Industrial 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 88

Brokerage Branding Closing Sales 88

Housing Wire

NOVEMBER 1, 2023

Just hours after securing a victory for his home seller clients in the landmark Sitzer/Burnett commission lawsuit, Michael Ketchmark, the lead attorney for the plaintiffs, filed another class action antitrust lawsuit against some of the real estate industry’s biggest players, in U.S. District Court for Western Missouri. Who’s named?

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MLS Brokerage Industrial Agents 421

Housing Wire

JULY 1, 2022

The mortgage-servicing rights (MSR) market continued to defy gravity and remained upward bound as June came to a close. On the last day of the month, the New York-based Mortgage Industry Advisory Corp. (or The post MSR market closes June on $5.2B Bids are due July 12. . billion package of Fannie Mae and Freddie Mac MSRs.

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Closing Marketing Loans Mortgages 366

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 440

Housing Wire

APRIL 26, 2024

Anyone with a microphone and a cup of coffee can wax poetic about the ebbs and flows of the industry. The Millionaire Real Estate Agent Host: Jason Abrams Best for: If you’re navigating the industry’s ins and outs, The Millionaire Real Estate Agent has 30-minute episodes that are digestible and informative.

Agents 465

Agents Industrial Brokerage As-is 465

RIS Media

APRIL 5, 2022

1 privately held real estate brokerage firm in the United States, according to the recently released RISMedia Power Broker Report. billion in closed sales volume and 125,482 closed transaction sides as reported to RISMedia. These 2021 closing numbers earned the group a No. 5 ranking by sales volume.

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Industrial Brokerage Technology Agents 89

RIS Media

OCTOBER 30, 2023

KANSAS CITY—Closing arguments in the landmark Burnett class action case were presented to an eight-person jury yesterday, with the possibility of a verdict that could rock the industry coming as early as today.

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Closing Brokerage Industrial Agents 91

Housing Wire

JANUARY 11, 2024

One potential stream that quickly comes to mind is the potential of capturing title and closing business. For the most part, many brokerages and real estate agents on the buyer’s side of the transaction have continued on with a “business as usual” approach until we have certainty as to the true impact.

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Title Brokerage Construction Closing 441