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 He observes that the company is betting on a reasonably quick sale, at an increased price, drawing from the “ever rising market” theory.

Equity 392

Equity Brokerage Agents Marketing 392

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?

Lending 393

Lending Brokerage Mortgages Banks 393

Housing Wire

JULY 15, 2022

Rocket Companies ‘ subsidiary Edison Financial will rebrand as Rocket Mortgage next month in Canada, a market with more than $760 billion (CAD) in mortgage originations annually. Rocket’s expansion comes amid an expected slowdown in Canada’s housing market. It previously acquired Lendesk, a Canadian fintech company.

Brokerage 400

Brokerage Mortgages Banks Lending 400

Housing Wire

JULY 17, 2023

The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). This transformative technology has opened up a new world of possibilities, empowering agents and captivating potential buyers like never before.

Technology 307

Technology Staging Development Agents 307

Housing Wire

JUNE 5, 2023

Be it new experimental technology, legislation or regulation to respond to, disruptive proptech models, shifting market dynamics and so on,” said Price. As we know, the housing market is cyclical, and historically the industry staffs up in good times and scales back when transaction volume slows.

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Technology Title Industrial Closing 307

Housing Wire

DECEMBER 11, 2023

After a successful launch of its new agent pay structure in Los Angeles and San Francisco in late October, Redfin announced Monday that it was expanding the new pay structure to its San Diego and Orange County markets. Redfin agents in all other markets will continue existing under the firm’s existing pay plan.

Marketing 411

Marketing Brokerage Agents Technology 411

Housing Wire

JUNE 10, 2022

Chime’s all-in-one CRM and sales acceleration platform is designed to help real estate agents, teams, and brokerages close more deals faster. The platform combines IDX websites, lead generation, marketing automation, advanced lead management, and powerful AI to cost-effectively capture and convert leads into new business.

Technology 282

Technology Brokerage Design Closing 282

Housing Wire

APRIL 23, 2024

This dip can be partly attributed to the recent acquisition of 3D scanning company Matterport , as well as the costs associated with the Homes.com marketing campaign during the Super Bowl LVIII broadcast in February. In the first quarter, the sales team for Homes.com generated nearly $40 million in net new bookings. billion. “We

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Sales Residential Branding Brokerage 333

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 341

Agents Brokerage MLS Technology 341

Housing Wire

NOVEMBER 29, 2023

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

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Agents Brokerage Technology Staging 423

Housing Wire

APRIL 25, 2024

Anywhere Real Estate felt the brunt of the challenging housing market again in the first quarter of 2024 as the company reported a loss of $101 million during the three-month period. This is the seasonally slow part of the year and we are in a very difficult housing market with a record-low level of unit sales.” .

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Branding Technology Title Brokerage 386

Housing Wire

MAY 2, 2024

Real estate brokerage William Raveis has returned to the acquisitions business. Founded in 2006, Carson Realty serves clients in the South Carolina markets of Hilton Head, Bluffton and Lake Keowee. Founded in 2006, Carson Realty serves clients in the South Carolina markets of Hilton Head, Bluffton and Lake Keowee.

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Brokerage Technology Development Agents 321

Housing Wire

AUGUST 7, 2020

Brokerage giants RE/MAX and Keller Williams announced second-quarter numbers Friday, reflecting a business environment that had its share of ups and downs as a result of COVID-19. According to the company, in Q2, 122 million home searches were conducted across the KW App, KW.com, and market center and agent websites. “The U.S.

Brokerage 382

Brokerage Technology Agents Closing 382

Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. Specifically, housing markets like Portland, Maine , Bay City, Mich. markets; by December 2020, prices were already up 23.6% Pueblo, Colo. ,

Marketing 545

Marketing Technology Loan Officer Brokerage 545

Housing Wire

AUGUST 29, 2023

Recruitment is a crucial determinant of growth and success for real estate brokerages. Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage.

Brokerage 363

Brokerage Staging Branding Agents 363

Housing Wire

AUGUST 14, 2023

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. The technologies that truly succeed are the ones that prioritize saving agents time and driving their business forward and so far there haven’t been many.

Marketing 365

Marketing Technology Residential Agents 365

Housing Wire

MARCH 23, 2021

Residential brokerage Compass took another step toward becoming a publicly traded company Tuesday, declaring it intends to sell common stock at a share price of between $23 and $26. A successful sale of stock at $24.50 would give the brokerage a “fully diluted market value of $12.5 billion market cap.

Marketing 349

Marketing Brokerage Residential Banks 349

Housing Wire

SEPTEMBER 19, 2023

The brokerage noted that Lim will remain at Christie’s as a senior advisor and global brand ambassador, working to expand the relationship between the real estate business and the auction house, among other duties. Since leaving Compass in 2022 after a seven-year stint, he has consulted for real estate brokerages and proptech firms.

Brokerage 406

Brokerage Technology Branding Development 406

Housing Wire

JUNE 14, 2022

With mortgage rates now north of 6% and the stock market officially in bear territory, two of America’s most prominent real estate brokerages instituted large-scale layoffs and halted expansion efforts. We could be facing years, not months, of fewer home sales, and Redfin still plans to thrive. in April 2021, to $4.51

Marketing 370

Marketing Brokerage Mortgages Title 370

Housing Wire

OCTOBER 13, 2023

“It means access to the industry’s leading technology platform and a vast agent referral network that will yield the greatest returns over time.” The Beinfield Team was the ninth-best small team in Connecticut based on sales volume, closing nearly $67.2

Principal 417

Principal Brokerage Agents Technology 417

Housing Wire

SEPTEMBER 13, 2023

The mortgage servicing rights (MSR) market has been very active this year, with robust deal flow that is on par with last year’s record $1 trillion in trading volume and with generally good pricing for MSR packages, industry experts agree. Is it affecting the MSR market? “I

Due diligence 392

Due diligence Marketing Loans Mortgages 392

GeekEstate

OCTOBER 29, 2021

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This is the third update to the market map and includes over 100 additional companies — a testament to the pace of entrepreneurship in this segment.

Technology 136

Technology Marketing Purchase and sale agreement Equity 136

Housing Wire

FEBRUARY 13, 2024

The company aggregates and distributes data from participating organizations and brokerages, providing current MLS data directly from the source to avoid any lags that can occur when data is pulled from public records, according to the REdistribute website.

MLS 393

MLS Technology Mortgages Residential 393

Housing Wire

JUNE 10, 2022

Lenders and mortgage tech companies have been cutting costs in the down market , but some firms have hired new executives who they hope will provide better strategies to navigate the shrinking loan origination market. for Planet Home Lending, will focus on increasing market share by adding branches and loan originators.

Marketing 398

Marketing Lending Loans Branding 398

Housing Wire

NOVEMBER 28, 2023

The ongoing housing market decline, which saw existing-home sales fall 36% in 2022 alone (on a seasonally adjusted annual basis) and 41% overall to September’s low, is the sharpest (though not the deepest) in the history of this industry. As such, it certainly feels like that pendulum is a labrys slicing through our brokerage firms.

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Brokerage Residential Technology Development 403

Housing Wire

MARCH 8, 2024

In return, Hometap receives an agreed-up percentage of the sale price or current appraised value. “We The market for home equity investment is still small, with the estimated investment volume from players in the market to be around $2 billion and $3 billion. One is through the market that we’ve approached.

Equity 366

Equity Marketing Investor Loans 366

Housing Wire

OCTOBER 10, 2023

“We’ve wanted to bring our company to the next level for a while now, and by joining Compass, we know we can do that through increasing brand awareness and our average sales price,” Pimentel said in a statement. She continued: “We did our due diligence and reviewed other brokerages. million in sales volume in 2022.

Due diligence 404

Due diligence Brokerage Branding Agents 404

Housing Wire

AUGUST 25, 2021

With four other real estate tech acquisitions in the last year, Lone Wolf Technologies recently added Boston Logic-owned Propertybase to its tech toolbox. The acquisition rounds out Lone Wolf’s technology platform that includes websites, lead generation tools, and CRM. According to the press release.

Brokerage 380

Brokerage Technology Agents As-is 380

Housing Wire

OCTOBER 20, 2023

In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Despite that, it has less than 1% market share of all transactions. None of which are geared to police agent conduct in the market. I am repeating myself but bear with me.

MLS 423

MLS Brokerage Agents Industrial 423

Housing Wire

FEBRUARY 27, 2024

Although Compass failed to achieve its much publicized goal of being free cash-flow positive in 2023, brokerage executives were still positive about the company’s performance over the past year. Despite these massive headwinds, we have positioned Compass for significant upside when the market begins to recover.” million in 2022.

Brokerage 382

Brokerage Investor Technology Agents 382

Realty Biz

OCTOBER 2, 2023

a global industry leader and the most recognized name in real estate*, is strengthening its presence in Charlotte, one of the fastest-growing markets in North Carolina with the affiliation of Cornelius-based family firm DiGioia Realty. He has also been named a Five Star Real Estate Agent Award from Five Star Professional.

Branding 98

Branding Brokerage Marketing Technology 98

Housing Wire

OCTOBER 3, 2023

RealTrends BrokerPulse requests surveys from some 19,000+ real estate brokerage leaders around the nation on market trends and brokerage opportunities and challenges. In addition, 52% predicted the market would be flat this quarter, similar to sentiment in the third quarter. It ranked No.

Brokerage 391

Brokerage MLS Agents Technology 391

Housing Wire

AUGUST 7, 2023

But the Robert Reffkin -helmed brokerage has proved the naysayers wrong, at least for now. billion, which the brokerage attributed to a 19% year-over-year decrease in transaction sides to 54,207, combined with a decrease in the average home sale price, as the brokerage’s gross transaction value dropped 26% year over year to $56.8

Brokerage 366

Brokerage Principal Title Equity 366

Housing Wire

JULY 21, 2023

Maggie Wu has returned to Compass , and she’s bringing her four-person The W Team to the New York brokerage. In December 2021, she had left Compass to join the young brokerage SERHANT. With the move, Wu returns to where she began her career as junior partner on the Jing Chen Team in 2019. where she launched her own team.

Brokerage 332

Brokerage Investor Finance Technology 332

Housing Wire

OCTOBER 31, 2022

“Our third quarter results reflect the headwinds experienced from increased mortgage interest rates that have significantly impacted the market. The market has shifted away from refinance towards purchase and commercial transactions, which is where we are stronger. And consequently, we are growing our market share.”.

Title 352

Title Marketing Commercial Investor 352

Housing Wire

FEBRUARY 17, 2021

Alexander, now rebranded as @properties , is a four-year-old firm with 45 agents and $120 million in 2020 sales volume that has so far focused on downtown Detroit. Co-founded by Thad Wong and Michael Golden in 2000, @Properties is the biggest real estate brokerage in Chicago and 10 th largest shop in the nation with $10.8

Brokerage 371

Brokerage Principal Technology Equity 371

Housing Wire

MARCH 28, 2022

Ryan Serhant, founder of real estate brokerage SERHANT., Serhant launched his namesake brokerage after building the No.1 Serhant’s new brokerage is designed to break the traditional model, with divisions focused on media, branding and technology to reach consumers in a new way. will headline HousingWire Annual Oct.

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Title Brokerage Technology Design 344