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Introducing the 2023 HW Finance Leaders!

Housing Wire

In its third year, the 2023 HW Finance Leaders award celebrates the outstanding achievements of the top finance executives in the real estate and mortgage space. Congratulations to the 2023 HW Finance Leaders. As the housing market continues to face volatility, the role of CFO has become increasingly critical.

Finance 418
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Why your real estate team won’t scale without partnerships

Housing Wire

These partnerships can take various forms including partnerships with mortgage brokers , title companies , property management firms, insurance providers, contractors, lenders , or technology vendors. Referral-based B2B brokerages like the Jason Mitchell Group built their entire business model on fostering these relationships.

Branding 337
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New program offers support to Florida’s first-time homebuyers

Housing Wire

Nestment , a real estate education company, has partnered with Florida -based brokerage The Keyes Co. Participants will also receive guidance on long-term homeownership and property management. to launch a five-week program aimed at preparing potential homeowners for the buying process.

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Zillow posts strong Q1, touts listing transparency and app traffic

Housing Wire

Zillow reported that 70% of homebuyers using its financing service are also working with a Premier Agent, up from 60% a year earlier. Building on our momentum from 2024, we are seeing impressive growth in property listings and renter traffic as we scale our two-sided marketplace, Wacksman said.

Agents 234
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Pacaso’s plans to “democratize” second-home ownership

Housing Wire

Earlier this year it secured $1 billion in debt financing, making it the fastest U.S. At the moment Pacaso holds brokerage licenses in several top second-home markets including Aspen, Scottsdale, Lake Tahoe, Miami and Palm Springs, and it recently expanded to its first international market: Spain. company to achieve unicorn status.

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Illinois homebuyer files commission lawsuit against @properties

Housing Wire

In an emailed statement, a spokesperson for @properties Christie’s International Real Estate , the top brokerage in Chicago, wrote that the copycat suit was in response to the Missouri jury’s verdict in the Sitzer/Burnett suit.

MLS 448
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Most Brokerages Have Zero Counter-Cyclical Hedge

Notorious ROB

What my friend and I ended up discussing is that while we think many agents in 2022 are in the same position as those agents we knew in 2007, we are pretty confident that almost all brokerages are in that same position out of necessity. And over the past few years, brokerages have done very well with this ancillary-revenue based model.