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SERHANT. secures $45M to further develop its AI platform

Housing Wire

Ryan Serhant ’s eponymous brokerage has been in rapid growth mode this year following the success of the Netflix show “Owning Manhattan,” and now investors want in on the action. Technologies, the umbrella company that includes the brokerage — will be used to develop the company’s AI platform known as S.MPLE.

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Compass’s recent performance points to the future of real estate brokerage

Housing Wire

By contrast, legacy brokerages did not perform nearly as well. Among publicly traded companies, Compass has done technology development and implementation better than most of its peers. And among privately held brokerages, the one executing most effectively on what Compass is proving in the public markets is SERHANT.

Brokerage 337
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The Real Brokerage is betting big on AI to fuel organic growth in 2025

Housing Wire

While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year.

Brokerage 397
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FirstTeam’s Michele Harrington talks innovative recruitment strategies for brokerages

Housing Wire

Michele Harrington: After entering real estate sales right out of the Marine Corps , I built my own brokerage. Our licensing school brings in brand-new agents, whom we train and develop to help them become superstars. The duo start the conversation by exploring Harrington’s path into the CEO’s role at FirstTeam.

Brokerage 395
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Real Brokerage fires CFO, names Ravi Jani as successor

Housing Wire

The Real Brokerage has named Ravi Jani as its new chief financial officer. During his tenure at Real, Jani has also contributed to corporate strategy, mergers and acquisitions , and the development of new products including Real Wallet , a financial tool for agents.

Brokerage 341
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Vegas powerhouse brokerage IS Luxury expands to California

Housing Wire

The new office, located in Newport Beach, California, includes 11 agents who joined from other brokerages , and it will be led by Christi Carrillo. Carrillo, who most recently worked at a Newport Beach boutique brokerage, said she views the expansion as an opportunity to tap a broader network of referrals.

Brokerage 214
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Compass strikes again with leadership changes in the Southeast

Housing Wire

Leading brokerage Compass announced some key leadership moves this week to bolster its operations in the Southeast, including Florida. The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. It is the nation’s leading brokerage by sales volume.

Brokerage 370