Housing Wire

JULY 30, 2025

“I hope more brokerage CEOs see our results as a signal that they will attract more agents if they fight for them and not simply acquiesce to portals and MLSs that ban and fine agents for marketing listings outside their platforms,” he said. The company’s principal agent count increased 23.3% GTV growth, Reffkin said.

Title

Housing Wire

APRIL 22, 2025

The stakes are high for NAR and the real estate brokerages trying to determine the best way to proceed no one wants more litigation from class action plaintiff attorneys or renewed interest from the Department of Justice. eXp Realty was the first brokerage to sign on to Zillows listing standards. What is CCP?

MLS

Housing Wire

JULY 31, 2025

The company is now focusing on integrating the recently acquired real estate brokerage firm Redfin , which has already shown early benefits. Since July 1, Rocket has seen more than 65 Redfin clients close on homes. The company is also merging the Rocket Homes agent network with the Redfin agent network to achieve greater scale.

Equity

Housing Wire

JULY 30, 2025

Agent count up by quarter, down by year At the close of the second quarter, RE/MAX’s total agent count topped out at 147,073 agents, up 2.5% Now this demand is showing up in our M&A efforts as well, and we’ve closed several deals this year and are increasingly excited about the pipeline our new leaders are building.”

Agents

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

Lending

Rochester Real Estate

NOVEMBER 5, 2015

But the broker also needs to pass a licensing exam and can choose to operate their own brokerage. They can operate independently, work within a brokerage, or run their own firm and hire real estate agents. They can work alone or within a brokerage and supervise real estate agents. There isn’t just one type of real estate broker.

Agents

The Residential Specialist

JULY 21, 2025

From Click to Close: Where AI Fits In AI tools can support nearly every stage of a real estate agent’s workflow. Business management: Instead of rereading forms or contracts multiple times a day, brokerages can create a custom GPT that agents can ask to summarize sections or answer specific legal questions—cutting down repetitive tasks.

Staging

Redfin

JUNE 13, 2025

Communicate closely with your real estate agent to align timelines and contingencies. rate, financing a $400,000 home with a typical 20% down payment, your monthly principal and interest would run about $2,050—compared to roughly $1,435 at a 4% rate (all else being equal). Example cost impact: At a 6.8% Step 2: Sell first or buy first?

Debt-to-income ratio

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. RealTrends Brokerage Compensation Report. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. Broker Studies.

Brokerage

Housing Wire

JANUARY 15, 2025

On Wednesday, the family-owned brokerage announced its acquisition of Ohio -based Home Experts Realty. “Theyve built a brokerage that values its agents like family, and we are thrilled to welcome them into ours. . “Theyve built a brokerage that values its agents like family, and we are thrilled to welcome them into ours.

Closing

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? And why not? Instead, they’re leaving money on the table.

Commercial

Housing Wire

SEPTEMBER 13, 2024

Ryan Serhant and his brokerage SERHANT. HousingWire real estate reporter Jeff Andrews sat down with Serhant to talk about the show, how it changed his life and the brokerage, and what he sees coming in the industry following the commision settlement by the National Association of Realtors (NAR). At this point, we’ve gained, I think, 1.3

Brokerage

Housing Wire

JUNE 4, 2024

More executive changes are afoot at franchise real estate brokerage RE/MAX. Serene Smith, the chief of staff and chief operating officer at RE/MAX Holdings , has transitioned to a non-executive, part-time role at the brokerage. He noted that the average RE/MAX agent closed 11.8

Principal

Housing Wire

OCTOBER 13, 2023

The Connecticut-based Beinfield Team returned to Compass , the company announced on Tuesday. “This transition is all about securing the future success of my team,” Liz Beinfield, the team’s principal agent, said in a statement. million in sales in 2022, according to the RealTrends 2023 America’s Best list.

Principal

Housing Wire

NOVEMBER 10, 2021

Despite a net loss of $100 million in the third quarter of 2021, Compass CEO Robert Reffkin said he was thrilled with how the brokerage had performed. “I Also trending down from the second quarter is the brokerage’s market share which fell to 5.4% One encouraging sign is that the brokerage’s revenue grew 47% year-over-year to $1.74

Title

Housing Wire

DECEMBER 18, 2024

SUCCESS Real Estate in the Greater Boston area suddenly closed up shop this week. Over the weekend, broker-owner Steve Webster sent a note to his agents informing them that the brokerage was closing, according to a report by Boston 25 News. As the article notes, no one has been accused of a crime at this time.

Earnest money deposit

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. According to the brokerage, 6.5% homes for sale posted a price cut during the four weeks ending September 24, up from 5.8% the month prior.

Mortgages

Housing Wire

APRIL 1, 2021

Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 at close of the New York Stock Exchange on Thursday. billion, according to a note released Wednesday by Nima Wedlake, a principal at Thomvest Ventures. The New York City-headquartered company began offering shares Thursday morning.

Brokerage

Housing Wire

FEBRUARY 27, 2024

Real estate brokerage Redfin revealed signs of progress in its fourth-quarter 2023 earnings report, signaling a potential turnaround after facing challenges earlier in the year. Second, a commission refund to customers who hire a Redfin agent after the first tour seems likely to increase home-buyer close rates in its first four pilot markets.

Brokerage

Housing Wire

JULY 18, 2023

In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Garza is joining The Agency after nine years at Rogers Healy Associates , where she closed $20 million in sale volume last year. He closed $23 million in sales volume in 2022.

Agents

Housing Wire

AUGUST 1, 2024

Training on forms has been a central focus of brokerages across the country. Agents in some states, or at some brokerages, are getting these lawyered-up forms thrown at them and no one is explaining to them how to answer questions from clients. 17 implementation date, largely due to the training her brokerage has provided. “I

Agents

Housing Wire

OCTOBER 24, 2023

This means sellers wind up paying inflated commissions at closing. In his testimony, Gansho stated that NAR does not conspire with brokerages on commissions, and he echoed Goldberg’s sentiment that brokerages do not follow and enforce the rule. Rodney Gansho, NAR’s head of engagement, took the stand after Goldberg.

MLS

Housing Wire

APRIL 24, 2024

Technically, it encompasses brokers, principal agents and closed loan sellers,” he said. “We We focus on sharing our knowledge with smaller brokerage shops seeking guidance, offering them a playbook for integrating our program into their business model.” We use ‘partner’ to group all these roles together.

Mortgages

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Industrial

Housing Wire

AUGUST 2, 2021

Principal and Chair, Financial Instituions Regulatory Practice Group. Brokerage Operations. GM of Orchard Title and Head of Closing Operations. VP, Cash Close. Courtney Poulos. Broker/Owner; Co-Founder. ACME Real Estate; ACME Real Estate Florida. Cristy Ward. Chief Strategy Officer. Mortgage Connect. Daniella Casseres.

Title

Housing Wire

JANUARY 7, 2021

Though this isn’t the first time the mortgage tech startup has worked closely with the government entities. According to the acquisition, the combined company will have close to 260 employees for the 3,700 financial institutions and mortgage organizations on its roster.

Mortgages

Housing Wire

JUNE 16, 2022

“Based on our conversations with clients, we believe many market participants will be pleased with the aggressive approach of the Federal Reserve, as there is some belief the Fed’s decision will more quickly bring stability to the home mortgage interest rate environment,” said Marty Green, principal at mortgage law firm Polunsky Beitel Green. .

Marketing

Housing Wire

NOVEMBER 16, 2022

The plug-and-play and brokerage routes. Another path to survival for some IMBs, according to Ludden, might be to convert to a brokerage operation. Some inform us that they will be closing the doors, while others are desperately trying to cut costs, even beyond what I think is probably feasible cost cutting.”.

Banks

Housing Wire

APRIL 1, 2024

The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages. Turning point A turning point for the home equity investment market came with the closing of the first rated securitization of notes backed by HEAs in September 2023.

Equity

Housing Wire

SEPTEMBER 10, 2020

Orchard , which operates a home buying and selling marketplace, has closed on a $69 million Series C round led by Revolution Growth. Upon closing, customers are able to move in when ready and won’t have to start paying a mortgage until their old home sells. Patrick Conroy, principal at Washington, D.C.-based

Title

Housing Wire

AUGUST 1, 2023

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

Lending

Housing Wire

AUGUST 29, 2022

billion in equity as of the second quarter, plus technology that can close loans faster than most competitors, aggressive pricing is a “multibillion dollar decision investment,” as Ishbia put it. Broker Hussam Saada of Precision Mortgage closed about 60% of mortgages with UWM after the firm rolled out its new pricing initiative.

Loan Officer

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.

Principal

Housing Wire

APRIL 27, 2023

billion in unpaid principal balance (UPB) as of March 31, up 2% from December 31. PFSI’s stock closed Thursday at $65.92, up 2.98%. .” The servicing segment pretax income was $57.4 million in Q1 2023, down from $75.6 million in the prior quarter and $225.2 million in the same period of 2022. Pennymac had $90.3

Principal

RIS Media

JANUARY 15, 2021

What: Brokerages have been betting big on online lead gen to boost agent recruiting and retention. But with fewer than 1 percent of leads actually closing, is this really the best approach? Cristina Silva , principal broker of Real Estate by Referral, has worked in real estate for nearly two decades, starting out as a part-time agent.

Closing

HomeLight

APRIL 20, 2023

Editor’s note: This post will help answer the question: How much are closing costs in New Jersey (NJ)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. But have you taken all possible closing costs into account? What are closing costs?

Closing costs

Housing Wire

FEBRUARY 8, 2024

They’ll want to know you have what it takes to close the type of deal they are looking for, and that you can help them reach their financial goals. As Principal Broker of Kukio Properties, she led the development’s sales team, representing discerning buyers and sellers who value excellence, knowledge, and personalized results.

Agents