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Compass cuts losses in Q3, addresses commission lawsuit threat

Housing Wire

The brokerage’s national quarterly market share grew by 26 basis points year over year, reaching 4.4% The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. million after the brokerage paid its commissions and related expenses. Revenue decreased by 10% year over year to $1.34

Principal 366
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Two top BHHS teams create one mega team in Las Vegas

Housing Wire

This positions our associates to adapt and thrive in the market from both a business growth and technology innovation standpoint,” Matthew Mullin, principal and founder of The Mullin Blankfeld Group, said in a statement. “It It ranked 8th for residential sales volume, with a total of $46,687,375. The Blankfeld Group came in No.

Principal 394
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Compass Appoints Dawanna Williams, Founder and Managing Principal of Dabar Development Partners, to Board of Directors

Realty Biz

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Compass, Inc. She holds an A.B. About Compass.

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Introducing the 2023 Women of Influence!

Housing Wire

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

Lending 370
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Real estate brokers, it’s time to audit your tech spending

Housing Wire

The first thing we go through when I work with real estate brokerages — whether it’s in helping them to streamline their technology or to prepare for sale — is their financials. Scott Petronis is the founder and principal at Xcentric Consulting, LLC. And, one thing that I always spot in these financials is excess spending.

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

Housing Wire

Let’s face it: joint ventures (JVs) and affiliated business arrangements (ABAs) are all the rage in the residential real estate space right now. In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. And why not? CREs need not go it alone.

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ERA REAL ESTATE FORTIFIES ITS PRESENCE IN SACRAMENTO AREA

Realty Biz

Now known as Next Real Estate Group ERA Powered and Next New Homes Group ERA Powered, the boutique brokerage serves the greater Sacramento area in all types of residential real estate sales with a specialty in new construction sales. and Next New Homes Group based in Roseville, Calif., have affiliated with the ERA ® brand.