Housing Wire

DECEMBER 23, 2020

The impact of COVID on the real estate market is significant and has forever changed the way our industry operates. This change, while disruptive and uncomfortable for some, has provoked the rapid adoption of real estate technology, the likes of which we haven’t seen before.

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Technology Brokerage Industrial Agents 457

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.

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Brokerage Branding Agents Sales 418

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. Is now a good time to invest in real estate automation technologies? Presented by: Axis Technical Group.

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Lending Brokerage Mortgages Banks 393

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 346

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 406

Housing Wire

NOVEMBER 13, 2020

Year to year, the evolution of computer technology can be staggering. 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. Bottom Line.

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Industrial Technology Land Brokerage 441

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. Data certainly abounds in real estate.

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Agents Brokerage MLS Technology 346

Housing Wire

SEPTEMBER 6, 2023

The biggest combined brokerage company in the country in terms of all their brands, just said, ‘We’re out. Therefore, it won’t just impact agents, but technology systems, she added. As far as cooperation and compensation, that is now pretty much over,” Murray said. Murray sees three possible outcomes for the lawsuits. “If

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Industrial MLS Agents Equity 414

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 425

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.

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Industrial Mortgages Lending Due diligence 382

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 277

Housing Wire

OCTOBER 17, 2023

He also often looks to the robust marketplace of technology tools available to help automate the mundane to ensure he stays focused on his skill set: delivering stellar customer service. What changes can you make to your day-to-day business practices, technology stack or marketing plan to help avoid these in the future?

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Brokerage Technology Agents Industrial 433

Housing Wire

OCTOBER 13, 2023

“It means access to the industry’s leading technology platform and a vast agent referral network that will yield the greatest returns over time.” The Beinfield Team was the ninth-best small team in Connecticut based on sales volume, closing nearly $67.2

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Principal Brokerage Agents Technology 419

Housing Wire

FEBRUARY 27, 2024

Although Compass failed to achieve its much publicized goal of being free cash-flow positive in 2023, brokerage executives were still positive about the company’s performance over the past year. Compass attributed some of these struggles to the slower housing market of 2023, which saw Compass close 178,848 transactions, down 15.5%

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Brokerage Investor Technology Agents 387

Housing Wire

MARCH 21, 2024

Sarah Wheeler: Let’s talk about your background, because you have both technology and real estate experience. Shayan Hamidi: I studied computer science, economics and math and my background is technology. 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.

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Technology Brokerage Agents As-is 439

Housing Wire

APRIL 25, 2024

Real estate technology company reAlpha Tech Corp. Claire boasts a conversational interface to guide users through every step of the homebuying journey, from property search to deal closing. launched Claire, a generative artificial intelligence -powered, zero-commission buyers’ agent chatbot, the company announced on Wednesday.

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Agents Technology Residential Industrial 390

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.

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Brokerage Agents Design Industrial 398

Housing Wire

SEPTEMBER 28, 2023

Highlighting a significant industry challenge, Duffy pointed out, “Our industry has purchased 250 million leads going after 8 million in commissions.” ” In the past, low-fee brokerages were thought to be low service. Now, franchising criteria are stringent, with only 1 in 50 brokerages qualifying.

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Brokerage Agents Industrial Technology 396

Propmodo

FEBRUARY 19, 2024

But its new partnership with Microsoft for AI solutions could close the gap. Cushman & Wakefield employees will use Copilot to work alongside these programs to provide suggestions, and it can generate, analyze, and explore data across the brokerage’s documents, presentations, spreadsheets, and more.

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Closing Commercial Brokerage Technology 113

Housing Wire

JULY 18, 2022

The mortgage and real estate industries are quickly adapting to technological advances in order to keep up with consumer demands and the changing markets. It encompasses brokerage, mortgage, title, insurance and technology companies like Real Results, Verus Title and Encompass Lending. Register here.

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Title Brokerage Technology Lending 385

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 431

Housing Wire

JULY 27, 2022

The emerging real estate brokerage model is starting to include more and more services in order to stay competitive. Or, have brokerages started to focus in on partnering when it comes to innovative decisions? ” Join us at HW Annual for the content, connections and technology you need to win in this environment.

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Brokerage Technology Industrial Agents 379

Housing Wire

MAY 11, 2021

Real estate software company Lone Wolf Technologies announced Monday the acquisition of two real estate technology companies, LionDesk and Homespotter. “We’re bringing the best technology together to dramatically simplify the work that agents and brokers do every day, but this is more than just connecting the dots.

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Title Technology Brokerage MLS 387

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 93

Boom Town

MARCH 23, 2021

Brokermint’s technology consolidates and automates all back office and transaction management functions through easy-to-use, scalable software solutions. By using Brokermint, leading real estate brokerages, teams, and agents can simplify complex back office tasks, efficiently close transactions, and focus on driving growth.

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Brokerage Industrial Technology Closing 98

Housing Wire

OCTOBER 20, 2023

ZipRealty closed nearly 30,000 transactions at its peak. Consumers have had lots of choices in brokerage services, including those with lower costs, but they have chosen not to use them in any meaningful way. Just look at CoStar’s dominance over the commercial brokerage market. Why aren’t consumers using discount firms?

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MLS Brokerage Agents Industrial 424

Housing Wire

AUGUST 9, 2023

The advent of artificial intelligence (AI) has been sending shockwaves across nearly every industry, and real estate is no exception. While our industry is notorious for its lethargic adoption of new technologies, it is inevitable that AI will reshape many of the traditional and archaic processes that exist today.

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Agents Brokerage Technology Industrial 370

Housing Wire

MARCH 16, 2021

Real estate technology company Lone Wolf Technologies announced its launch of Digital Title Orders, a digital title solution allowing agents to select their preferred title provider and submit orders directly within a transaction.

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Title Technology Closing Brokerage 381

Housing Wire

SEPTEMBER 13, 2021

A powerhouse in the Chicagoland area, the brokerage firm is now expanding to to other areas. Wong and Golden discuss their franchising strategy, their technology platform and their strategic plan for the coming year. Thad Wong: We wanted to have the first franchises be close to home. Dallas is further.

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Brokerage Closing Technology Industrial 363

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. This isn’t a new story in mortgage lending or real estate brokerage.

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Technology Brokerage Lending Mortgages 369

Housing Wire

MARCH 12, 2021

” “The NAR and its MLS partners, which now include Zillow, are allowed to once again close off transparent access to home inventory by entering into agreements among themselves that disadvantage all but their own membership; consumers and competition will suffer,” read the lawsuit. billion visits. .” billion visits.

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MLS Brokerage Technology Industrial 471

Housing Wire

MAY 14, 2024

While most people are focused on how the proposed NAR commission settlement might change the realty industry, not enough focus is on first-time homebuyers, who might have to come up with significantly higher down payments, which in turn could exacerbate biases against homebuyers using FHA loans. But now a new threat is emerging on this front.

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FHA loan Loans Title Mortgages 346

Housing Wire

DECEMBER 7, 2023

So, fraudsters are still focusing on buyer cash-to-close payments. One of the advancements this year has been the adoption of new technology platforms like chatGPT, using AI to mimic somebody’s voice to spoof phone numbers. I know I said I was going to be able to attend the closing and pick up a cashier’s check.

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Title Technology Industrial Banks 440

Housing Wire

JANUARY 11, 2023

In its 3rd year, the HW Finance Leaders award is celebrating the industry’s top finance executives who have muscled through another unprecedented year in housing and helped their organizations come out on top. So what does it take to be among the HW Finance Leaders? Click here for more details on eligibility.

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Finance Banks Brokerage Closing 384

Housing Wire

JULY 12, 2022

The All Things Housing agenda includes not only incredible content, but opportunities to share strategies, drive business and discover new technologies with others in the business. After just one year from its launch in 2020, the brokerage became the most followed real estate brand in the world. Register here.

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Title Brokerage Technology Branding 370

Housing Wire

APRIL 1, 2024

Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages.

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Equity Finance Purchase and sale agreement Investor 421

Housing Wire

APRIL 26, 2021

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. In effect, said one Bay Area broker, who requested anonymity to speak candidly, “All the agents in California were starting to use Glide for backroom technology.”.

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Purchase and sale agreement Agents Brokerage MLS 380