article thumbnail

Brokerage executives double down on their lead generation strategies

Housing Wire

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.

Brokerage 357
article thumbnail

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. RealTrends couldn’t independently confirm those figures; NRE has not submitted data to the RealTrends brokerage rankings since 2019.

Brokerage 369
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Impac Mortgage Holdings repositions as broker shop 

Housing Wire

California-based Impac Mortgage Holdings is repositioning itself as a mortgage brokerage and voluntarily giving up its seller-servicer designation with Fannie Mae and Freddie Mac. The company said the reduced cost per loan will come from, among other things, the decreased need for specialized staffing and operations.

Mortgages 353
article thumbnail

Judge denies Zillow’s motion for summary judgement in the REX suit

Housing Wire

Things are continuing to heat up in Zillow Group’s legal battle with discount brokerage REX Homes , as the September 18, 2023, trial date looms ever closer. In mid-May 2022, REX ceased its brokerage operations. On Friday, Judge Thomas Zilly, the U.S. NAR also believes its side will succeed in the lawsuit.

article thumbnail

Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

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? CREs need not go it alone.

article thumbnail

Zillow moves to have REX suit dismissed

Housing Wire

Two months prior, in January 2021 , Zillow began moving homes out of its initial search results for sellers who chose not to use agents adhering to the NAR and local multiple listing service (MLS) practices, creating a two-tab design for agent listings and “other listings.” In mid-May 2022, REX ceased its brokerage operations.

MLS 396