Housing Wire

APRIL 1, 2025

By contrast, legacy brokerages did not perform nearly as well. Technology is part of the story. Consumers purchase homes, but Compass touts its technology among prospective real estate agents. Technology is the lubricant that increases that flow. sits at the intersection of real estate, technology, and media.

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Housing Wire

MARCH 10, 2025

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity. The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025.

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Purchase and sale agreement Pre-approval Brokerage Equity 482

Housing Wire

MARCH 31, 2025

The Detroit-based fintech , which is also in the midst of acquiring real estate brokerage and home search portal Redfin for $1.75 Mr. Cooper did about $23 billion in originations last year, according to Inside Mortgage Finance data. billion , is paying an equity value of $9.4 trillion, spread across nearly 10 million clients.

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Housing Wire

APRIL 28, 2025

billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. Redfin CEO Glenn Kelman will continue to lead the brokerage, reporting directly to Rocket CEO Varun Krishna. billion, according to Inside Mortgage Finance data.

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Housing Wire

MARCH 11, 2025

Milestone, the largest brokerage in Massachusetts over the past three years, said the companies will be able to combine Willow’s top-drawer proprietary technology platform with Milestone’s federal registration and state licensing footprint. “With this technology , we’re going to be able to flip the script.

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Housing Wire

JUNE 3, 2024

Roof AI , an artificial intelligence -powered sales assistant that helps real estate and mortgage companies generate revenue across their business units, announced the integration of OpenAI ’s technology into its system, significantly boosting its capabilities. Michel Moubarak, vice president of growth at Roof AI, told HousingWire.

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Housing Wire

SEPTEMBER 23, 2024

The Real Brokerage has expanded its footprint into the Richmond, Virginia , area. Real’s technology platform and its ProTeams program piqued my interest,” Reed said in a statement. Reed brought a banking and finance background to real estate when she became an agent in 2016 and has shown a knack for marketing.

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Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. Publicly traded real estate software firm reAlpha Tech Corp. reAlpha agreed to pay Be My Neighbor an aggregate purchase price of up to $6 million. This consists of $1.5 million in cash paid on the closing date, $1.5

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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 before the January 27th deadline!

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Housing Wire

AUGUST 25, 2024

With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job. Here’s why: Good software might help your brokerage stay afloat in a post-lawsuit market. When you buy through our links, we may earn a commission.

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Brokerage Branding Agents MLS 435

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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Housing Wire

FEBRUARY 19, 2025

These partnerships can take various forms including partnerships with mortgage brokers , title companies , property management firms, insurance providers, contractors, lenders , or technology vendors. Technology and automation Technology is vital for streamlining processes, managing leads, and communicating with clients.

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Housing Wire

MARCH 31, 2025

billion deal comes just weeks after the Detroit-based lender announced its acquisition of real estate brokerage Redfin for $1.75 There’s the origination process, which is all of the financing, title closing, and then servicing, where they essentially develop a lifetime relationship. That’s going to require technology.

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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 In addition to that, conventional underwriting does not serve the new-age economy such as gig workers, so you are seeing this demand for alternative financing. “And

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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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Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger.

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Brokerage Pre-approval Branding Agents 482

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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Housing Wire

FEBRUARY 4, 2025

The collaboration combines Arrival Home Loans’ niche in owner-occupied bridge loans with zavvie’s advanced technology platform for single-family homes. ” Per the company’s website, zavvie’s HomeFAI platform uses artificial intelligence to underwrite alternative financing products. .

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Loans Loan Officer Finance Brokerage 284

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. Rapidly advancing technology and data analytics have also revolutionized the commercial real estate landscape, offering scores of new avenues for value creation and risk mitigation. And why not?

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Housing Wire

DECEMBER 27, 2024

Team commission splits are typically lower than those of a traditional brokerage for an individual agent. This can be attributed to teams providing additional resources that brokerages dont like a consistent flow of leads, technology and administrative support.

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Purchase and sale agreement Branding Agents Closing 418

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 (..)

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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

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Brokerage Branding Agents MLS 431

Housing Wire

APRIL 10, 2024

The FDIC recognizes that technology now has a role in the brokerage firm services provided and can impact its value. The same institution also stated that it initiated or ordered appraisals when it added borrowers’ information into a lender’s software.

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Banks Brokerage Mortgages Loans 448

Housing Wire

MARCH 20, 2025

billion deal to acquire resi brokerage and portal Redfin in Q2 or Q3 2025. Rocket connects with 2 million purchase contracts annually when they explore affordability and mortgage financing. Rocket Companies hopes to close a $1.75 billion deal for Redfin. Essentially, it’s the holy grail of mortgage and real estate tech.

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Mortgages Loan Officer Brokerage Loans 256

Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Our brokerage is unique,” Michael Gifford told HousingWire. “It’s Since this model is dependent on selling the home quickly, their move into real estate brokerage is an attempt to control that.

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BAM Media

OCTOBER 22, 2024

Real RISE 2024 kicks off today, October 22nd, with some exciting new developments in AI and fintech for real estate agents who’ve joined (or will join) the brokerage. This kind of tech enhancement is what you get when you mix leading-edge AI technology with people who genuinely care about the experiences of both agents and clients.

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Housing Wire

AUGUST 5, 2024

Real estate technology firm Rechat announced a strategic partnership on Monday with Peerage Realty Partners that aims to expand tech tool and service offerings for Peerage agents and brokers. ” Rechat will offer its suite of tools and services to all Peerage Realty brokerages. . and Canada. and Canada. .” and Canada.

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Housing Wire

MAY 30, 2024

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. We are excited to be with a brokerage with such high standards for ethics, professionalism, and organization,” DelRose Jr. Led by Mike DelRose Sr., Mike DelRose Jr.

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Brokerage Residential Commercial Development 459

Housing Wire

FEBRUARY 6, 2025

The Courted platform allows brokerages of all sizes to better compete in the competitive market for attracting and supporting real estate agents. HousingWire connected with Soderstrom as he shared the key moments that shaped his career, advice for industry newcomers, and his vision for the future of real estate technology.

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Housing Wire

DECEMBER 27, 2021

Because of that, and several other reasons, gross margins for real estate brokerage firms are declining with no real end in sight. for the largest brokerage companies in the United States. The first cause of the decline is the growth in competition for productive agents and a variety of new brokerages. Now, they’re at 13.5%

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Housing Wire

OCTOBER 25, 2024

The New York-based brokerage announced Lorber’s retirement on Tuesday. Lorber for his strategic vision and years of dedication and hard work that have made Douglas Elliman the country’s premier real estate brokerage firm, setting new standards in luxury service and innovation.”

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Housing Wire

OCTOBER 15, 2020

And it’s because of the software, because of the technology. I think it’s all because of the technology. Though plenty of loan originators and brokerage executives are stuffing their pockets with cash, his approach is rare – he personally develops his own software and sells it to other brokerages. .

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Mortgages Loans Brokerage Technology 435

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 Like many other brokerages , the firm is still in the red (it lost over $20 million last year). The brokerage now operates in 47 states in the U.S. The virtual brokerage in March disclosed that it is raising fees on agents. million loss year over year. compared to 8.3%

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Brokerage Agents Title Lending 369

Housing Wire

JULY 30, 2024

Perchwell , a New York City -based real estate data firm that works with MLSs , brokers and agents, announced Tuesday that it has raised $25 million in a Series B financing round. The financing round was led by Lux Capital , which also participated in the company’s Series A round.

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MLS Finance Brokerage Development 448

Housing Wire

SEPTEMBER 2, 2022

Finance of America Reverse. Finance of America Mortgage. National Head of Brokerage. Director of Product, Origination Technologies. VP, All In One Loan Finance. VP, Technology. ICE Mortgage Technology. Senior Finance Project Director. SVP, Infrastructure and Operations. April Steele.

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Title Finance Lending Technology 417

Housing Wire

JANUARY 14, 2022

HomeSmart is a growing real estate brokerage that may go public, but the company faces questions about its business model and the compensation of founder and CEO Matt Widdows. HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate. million.

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Brokerage Loan Officer Banks Agents 448

Housing Wire

MARCH 28, 2025

The restructuring efforts includes the elimination of 41 positions and 20 unfilled roles across several departments including digital strategy, public relations, member engagement, and finance. NAR said the move aims to reallocate resources to advocacy, research, data and education functions.

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Brokerage Finance Technology Industrial 360