Real Estate News

JULY 12, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Lanette Behiry/Adobe Stock Brokerages SERHANT. Real Estate News Staff July 12, 2025 8 mins Editor's note: The brokerage business is a busy one, with frequent moves, mergers and milestones. expands to DC metro area SERHANT. ,

Brokerage

Housing Wire

JULY 9, 2025

Lewis, who began her real estate career with Keller Williams, has been appointed as director of luxury at the brokerage. million in sales, representing clients in Atlanta’s luxury real estate market. The firm includes more than 350 agents. “I’m excited to be coming back home,” Lewis said in a statement. “I

Principal

Housing Wire

NOVEMBER 1, 2024

The simple answer is that real estate agents are paid on commission, typically a percentage of the property’s sale price. Now, it’s time to join a brokerage. Depending on the brokerage, agents may pay anywhere from $25-$500 per month to be a part of the brokerage. How do real estate agents get paid?

Agents

Housing Wire

FEBRUARY 19, 2025

In his opening remarks during Compass s fourth-quarter 2024 earnings call on Tuesday, Reffkin said that almost half of the markets the brokerage operates in have stopped enforcing CCP, a rule implemented by the National Association of Realtors (NAR). That 24-hour window doesnt provide much benefit to a brokerage pursuing exclusive listings.

MLS

Housing Wire

AUGUST 6, 2025

Led by principal agent Wendy Banner, the 13-agent team brings more than 100 years of combined experience and $2.03 billion in career sales to Compass. The Banner Team — one of the highest-performing real estate groups in the Washington, D.C., metro area — has joined Compass. Maryland and Northern Virginia) in 2024.

Principal

Housing Wire

APRIL 22, 2025

His brother, Jeffrey Finn, serves as principal broker, Richmond BizSense reported. It has grown from six agents to its current position as the largest African American-owned brokerage in the Mid-Atlantic, according to Finn. It is now the third-largest brokerage in central Virginia by agent count, Richmond BizSense added.

Brokerage

Housing Wire

MAY 12, 2025

The acquisition brings the firms total footprint to three offices and roughly 80 affiliated sales associates. Melissa Sterling, principal broker and owner of Better Homes and Gardens Real Estate Heritage Group, said the acquisition aligns with the firms strategy of growth through shared values and professional development.

Principal

Housing Wire

NOVEMBER 5, 2024

During an earnings call, executives told analysts that loanDepot is seeking more JVs with builders, real estate brokerages and retail lenders across the country. Its pull-through gain-on-sale margin was 3.29% in Q3 2024, compared to 3.22% in Q2 2024. The pull-through gain-on-sale margin is expected to be between 2.85% and 3.05%.

Purchase and sale agreement

Housing Wire

APRIL 22, 2025

The stakes are high for NAR and the real estate brokerages trying to determine the best way to proceed no one wants more litigation from class action plaintiff attorneys or renewed interest from the Department of Justice. eXp Realty was the first brokerage to sign on to Zillows listing standards. What is CCP?

MLS

Housing Wire

JULY 17, 2025

But the Standards do not harm competition or innovation as they apply only to Zillow’s platform; they do not prevent Compass (or any other brokerage) from displaying listings anywhere else. Instead, Compass principally alleges that 64% to 66% of homebuyers and sellers visit Zillow,” the filing states.

Brokerage

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 (..)

Lending

Housing Wire

JULY 31, 2025

The company is now focusing on integrating the recently acquired real estate brokerage firm Redfin , which has already shown early benefits. Its gain-on-sale margin was 2.80% in Q2 2025, a decrease of 19 basis points compared to the same period last year and a decline of 9 bps from Q1.

Equity

Housing Wire

JANUARY 10, 2025

Shelley Duffy , Incenter’s executive vice president of national sales, praised Rose and Brown for their aptitudes for problem-solving. ” Brown brings 20 years of experience to his new role, including 12 years at Freddie Mac , where he served as senior director of cash window sales and trading. .”

Principal

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles Real Estate Agent vs. Broker: What’s The Difference? But the broker also needs to pass a licensing exam and can choose to operate their own brokerage.

Agents

Redfin

JUNE 13, 2025

Coordinating the sale of your current home with the purchase of your next requires precise timing. In a seller’s market : Demand from buyers exceeds the number of homes for sale. Real estate brokerages like Redfin make it easy to browse listings, get real-time updates, and schedule tours. Example cost impact: At a 6.8%

Debt-to-income ratio

Housing Wire

MAY 8, 2025

Global presence The brokerage currently operates in 15 states and four international locations (Sint Maarten, Toronto, London and Lisbon), with an additional 20 offices across the globe debuting in the coming months. Saewitz will serve as the firm’s senior vice president of operations.

Branding

Housing Wire

MAY 8, 2025

The heated debate around the Clear Cooperation Policy (CCP) has roiled the real estate brokerage space as a result of fierce pushback on the rule from Compass. The companys market share hit an all-time high, rising from 4.47% a year ago to 6% of all home sales in Q1 2025. The drama around CCP hasnt prevented Compass from growing.

Marketing

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. RealTrends Brokerage Compensation Report. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. Broker Studies.

Brokerage

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. So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? And why not? Instead, they’re leaving money on the table.

Commercial

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

Brokerage

Housing Wire

AUGUST 16, 2024

billion in sales since 2018. Our team operates as a boutique group with a strong commitment to honesty, integrity, and making our clients’ days brighter with a touch of fun and a smile,” Denise Bodman, the group’s co-principal, said in a statement. The brokerage has been extremely aggressive in adding to its head count.

Principal

Housing Wire

OCTOBER 13, 2023

The Connecticut-based Beinfield Team returned to Compass , the company announced on Tuesday. “This transition is all about securing the future success of my team,” Liz Beinfield, the team’s principal agent, said in a statement. million in sales in 2022, according to the RealTrends 2023 America’s Best list.

Principal

Housing Wire

NOVEMBER 7, 2023

million in sales volume in 2022. billion in sales volume in 2022 across 6,080 transaction sides. 63 among the 500 best brokerages by volume. “We GLG is also part of a larger Keller Williams Realty franchise group of residential real estate brokerages located in Georgia. In all, BCP agents notched $4.2 It placed No.

Mortgages

Housing Wire

SEPTEMBER 29, 2023

According to the brokerage, 6.5% homes for sale posted a price cut during the four weeks ending September 24, up from 5.8% home sale price rose 3% year over year, reaching $420,846 in August, the largest annual increase since October 2022. the month prior. Due to a lack of supply, prices overall have been on the upswing.

Mortgages

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

Housing Wire

APRIL 24, 2024

Take a look below to see this year’s list of honorees. Congratulations to the 2024 Rising Stars! Name Job Title Company Name A.T.

Principal

Housing Wire

APRIL 1, 2021

Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 Last week, the brokerage announced in a Securities and Exchange Commission filing that it sought around $882 million from its initial public offering by trading 36 million shares at $23 to $26. Investors initially paid $21.15-a-share

Brokerage

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

Inman

SEPTEMBER 27, 2023

Compass has recruited 15 agents from an Ocean City, New Jersey, RE/MAX franchise, 10 of whom will serve as principal agents. The new recruits represent $136 million in 2022 sales volume.

Principal

Housing Wire

FEBRUARY 27, 2024

Real estate brokerage Redfin revealed signs of progress in its fourth-quarter 2023 earnings report, signaling a potential turnaround after facing challenges earlier in the year. And new sales initiatives are driving breakthroughs on fronts where Redfin has been stymied for years. million, down from $222 million in Q4 2022.

Brokerage

Housing Wire

JULY 18, 2023

In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Garza is joining The Agency after nine years at Rogers Healy Associates , where she closed $20 million in sale volume last year. In 2022, he recorded a sales volume of $30 million.

Agents

Housing Wire

AUGUST 1, 2024

Training on forms has been a central focus of brokerages across the country. Agents in some states, or at some brokerages, are getting these lawyered-up forms thrown at them and no one is explaining to them how to answer questions from clients. 17 implementation date, largely due to the training her brokerage has provided. “I

Agents

Housing Wire

OCTOBER 21, 2024

On one side are brokerage leaders like The Agency founder Mauricio Umansky , who are firmly against CCP. “I Any brokerage firms today that say they want to give the seller more choice, they are fooling themselves that they have their own agenda. He agrees with Klein that brokerage motivations for ending CCP are self-serving.

MLS

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. The days of door opening are over.

Industrial

Housing Wire

FEBRUARY 27, 2024

who sold a house on an MLS and used an agent from one of the brokerage defendants between Dec. Douglas Elliman also cites lack of jurisdiction in its motion to dismiss, stating that Douglas Elliman International and Douglas Elliman Realty are holding companies that are not licensed as real estate brokerages in Missouri or elsewhere.

Brokerage

Housing Wire

JULY 1, 2024

In this role, Kaufman will oversee sales and marketing efforts for the company’s new development projects across Florida and North Carolina. Prior to that venture, Kaufman was a vice president and principal of a luxury residential real estate marketing firm.

Principal

Housing Wire

OCTOBER 30, 2024

Brokerage founder and CEO Robert Reffkin laid his firm’s plans for the future bare during its third-quarter 2024 earnings call with investors and analysts on Wednesday. to 55,872 for a total sales volume of $57.7 Compass ’s plan for future success? Become a hub for real estate listings. In Q3 2024 , the firm’s revenue grew 11.7%

MLS