Housing Wire

JANUARY 3, 2024

Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention and production of independent contractor sales agents. approach to value.

Brokerage 448

Brokerage Residential Industrial Agents 448

Housing Wire

OCTOBER 16, 2024

However, Leading RE agents and team bested the sales volume. Network Affiliation by Sales Volume The RealTrends City Rankings includes agents and teams that were submitted as part of the State and National rankings, as well as agents and teams that submitted specifically for the City Rankings.

Agents 464

Agents Commercial Land Branding 464

Housing Wire

JUNE 6, 2024

The Real Brokerage announced Thursday the addition of several new teams across the U.S. The newly released 2024 RealTrends Verified rankings , based on 2023 data, showed that Real was the sixth-largest brokerage in the country for sides (48,905) and ranked No. 10 for sales volume ($21.2 10 for sales volume ($21.2

Brokerage 459

Brokerage Closing Agents Sales 459

Housing Wire

SEPTEMBER 5, 2024

Access your growth playbook From the pandemic-fueled frenzy to the sobering reality of a post-pandemic slowdown,, real estate brokerages were locked in a relentless quest for growth—eager to expand market share while trimming operational fat. However, RealTrends GameChangers defied the odds and outperformed their peers.

Brokerage 442

Brokerage Residential Closing Agents 442

Housing Wire

MAY 2, 2024

Things just keep getting better, according to real estate brokers surveyed for the Q2 2024 HousingWire BrokerPulse survey , with 54% who are “optimistic” about the next three months in residential brokerage, compared to some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey who felt the same.

Brokerage 448

Brokerage Agents Residential Sales 448

Housing Wire

JANUARY 17, 2025

The real estate technology company will be aided on this journey by additional capital it has secured from its ownership group, which includes private equity partner Vector Capital , and brokerages Howard Hanna Real Estate Services and Windermere Real Estate , according to an announcement on Friday.

Technology 369

Technology Brokerage Commercial Equity 369

Housing Wire

JUNE 18, 2024

Invariably, these same articles classify all real estate brokerages and models as identical. Perhaps there are internal policies within some of the companies that are standardized, but the categorization of all brokerages as identical showcases the ignorance of the author. That’s a 20% reduction in revenue for the brokerage.

Brokerage 459

Brokerage Agents As-is Industrial 459

Housing Wire

NOVEMBER 1, 2024

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. 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.

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

APRIL 4, 2025

Four top companies Compass , Anywhere Advisors , eXp Realty and HomeServices of America continue to outperform their competitors, but The Real Brokerage is nipping at their heels, according to the 2025 RealTrend Verified Brokerage Rankings. Compass held on to the top spot in sales volume, ranking No.

Brokerage 241

Brokerage Title Agents Mortgages 241

Housing Wire

MARCH 22, 2024

Each year, RealTrends Verified identifies the country’s most successful residential real estate brokerages, teams and agents – verifying transaction sides and closed sales volume for top-performing real estate brokerages — to give you the full picture of real estate performance.

Brokerage 448

Brokerage Branding Agents Residential 448

Housing Wire

APRIL 22, 2024

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.

Brokerage 448

Brokerage Title Commercial MLS 448

Housing Wire

MARCH 24, 2023

Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. 1 in sales volume to to the top of the list and retained their No. of all brokerage-controlled sales in the country, staying even with the 2022 rankings, with 35.9% Last year, Compass rose to No.

Brokerage 468

Brokerage Branding Agents Sales 468

Housing Wire

FEBRUARY 16, 2024

Path & Post Real Estate appointed Bekki Shae Smith to the role of managing broker, the Georgia -based boutique brokerage announced on Thursday. The team ranked third in the state for residential sales, posting $124,282,125 in volume. 2 spot in Georgia, according to RealTrends ’ 2023 America’s Best list.

Brokerage 448

Brokerage Residential Sales As-is 448

Housing Wire

NOVEMBER 20, 2023

I decided to break down the numbers and look at brokerage economics. Last year, nationally there were slightly over 10 million transactions of existing homes sales. What we also know is that the average gross margin, the money that is retained by brokerage firms, is about 14% of gross commissions among all brokerage firms in the U.S.,

Brokerage 456

Brokerage Branding Residential Agents 456

Housing Wire

JUNE 21, 2022

The 2021 real estate market was one for the ages: record low interest rates and housing inventory gave way to record high home prices and sales. Capitalizing on these market factors, brokerage firms in the 2022 RealTrends 500 brokerage rankings broke records in market share, closed transaction sides (there must be inventory somewhere!)

Brokerage 417

Brokerage Agents Sales Closing 417

Housing Wire

MARCH 25, 2021

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual ranking by Real Trends. But such activity didn’t result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstart Compass.

Brokerage 369

Brokerage Residential MLS Sales 369

Housing Wire

SEPTEMBER 7, 2023

Existing home sales are down, mortgage interest rates are up, and the economic uncertainty is palpable. During this time, we ( RTC Consulting ) have come to grips with various certainties prevalent in residential real estate. Real estate brokerage is definitely not for the faint of heart. Most brokers are feeling the crunch.

Brokerage 418

Brokerage Land Residential Agents 418

Housing Wire

JULY 29, 2021

Residential real estate brokerage conglomerate Realogy reported a net income of $149 million on its quarterly earnings call Thursday. Let’s dive into two areas that technology partners and independent brokerages can align to ensure that demand is captured and more at-bats are won. The brokerage group was the no.

Sales 397

Sales Brokerage Title Loan Officer 397

Housing Wire

MARCH 15, 2024

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. buyers and sellers) in a residential deal.

Commercial 448

Commercial Brokerage Due diligence Title 448

Housing Wire

NOVEMBER 15, 2023

He began his presentation during the “Residential Economic Issues and Trends Forum” by analyzing the data points that impacted 2023 real estate conditions before diving into forecasts for next year. However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said.

Sales 482

Sales New Construction Staging Mortgages 482

Housing Wire

AUGUST 26, 2024

Move Sales , OpCity Acquisitions , OpCity Inc. The plaintiffs allege that the defendants’ scheme was “so widespread that it has caused harm to the goodwill of each prospective class member and the residential real estate agency (and brokerage) business as a whole.” The suit claims that NAR, along with Move Inc.,

Purchase and sale agreement 514

Purchase and sale agreement Sales Agents Design 514

Housing Wire

APRIL 23, 2024

“We believe adding 3D digital twins for Homes.com will increase the leads we deliver, increase customer satisfaction, increase renewal rates, increase sales and increase site traffic further.” In the first quarter, the sales team for Homes.com generated nearly $40 million in net new bookings. Florance said.

Sales 439

Sales Residential Branding Brokerage 439

Housing Wire

AUGUST 3, 2023

Kofi Nartey, a top real estate broker with a client list of celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader. As part of his role at Real, Nartey will teach agents how to pitch the value proposition of The Real Brokerage. He will continue to grow his team through The Real Brokerage network.

Brokerage 370

Brokerage Development Agents Industrial 370

Housing Wire

APRIL 15, 2025

If the trend of private listings continues, residential real estate will look more like what it does in Europe or the commercial market in the U.S. Kelman said Redfin is also asking MLSs to create a coming-soon designation for listings that precludes search sites from showing how long a home has been for sale and at what prices.

MLS 283

MLS Brokerage Agents Residential 283

Housing Wire

JANUARY 10, 2024

It relies on examinations of agents’ sales for five major real estate firms in each of four geographic areas; out of a sample of 2,000 agents, 100 were selected randomly from each firm in each area. To Brobeck, the fact that so many agents rely on residential sales for occasional, marginal or supplemental income is a problem.

Agents 459

Agents Sales Residential Commercial 459

Housing Wire

OCTOBER 22, 2024

The company announced the addition of the Maine -based Realty ONE Group, a 36-agent team that has closed 338 transactions totaling $128 million in sales volume so far this year. According to eXp, the group specializes in residential real estate, fix-and-flips and investment properties.

Agents 433

Agents Residential Technology Development 433

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. The self-reported list ranks U.S. 186 spot on the Inc.

Brokerage 370

Brokerage Title Residential Agents 370

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.

Brokerage 459

Brokerage Residential Commercial Development 459

Housing Wire

SEPTEMBER 16, 2021

Referrals from past and repeat customers still generated the greatest number of inquiries for real estate firms in 2020 with 30% of brokerage business coming from this source, the same amount as in 2018, when the survey was last completed. In 2018, 1% of surveyed brokerages said their business came from open houses. million in 2018.

Brokerage 471

Brokerage Residential Lending Title 471

Housing Wire

JULY 1, 2024

Proper Rate , a joint venture between Guaranteed Rate and residential brokerage @properties , has tapped Chris Knapp to lead the company as president. Chris was a great executive sales leader during his impressive 11 years at Guaranteed Rate,” Victor Ciardelli , CEO of Guaranteed Rate, said in a prepared statement.

Brokerage 448

Brokerage Residential Branding Mortgages 448

Housing Wire

APRIL 27, 2023

Movement Mortgage has tapped Brady Yeager to join the team as national sales director, a role that will lead the expansion of Movement across the country. In his role as national sales director at Movement, Yeager will focus on the company’s growing sales team. At Cobalt, Yeager oversaw $5 billion in production.

Sales 370

Sales Loan Officer Lending Residential 370

Housing Wire

MAY 29, 2024

Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed James F. Wood, the brokerage announced on Tuesday. In 2023, Wood had more than $25 million in sales production and completed more than 35 transactions in Connecticut, New York and Massachusetts, according to a Coldwell Banker news release.

Agents 458

Agents Brokerage Residential Sales 458

Housing Wire

JANUARY 12, 2021

SoftBank -backed residential brokerage Compass filed paperwork with the Securities and Exchanges Commission on Monday to go public. The document does not indicate how much money Compass plans to raise in a public offering, nor does it disclose price per share on common stock up for sale. The brokerage, which has raised $1.5

Brokerage 459

Brokerage Residential Title Agents 459

Housing Wire

MARCH 1, 2021

The numbers are in: Compass lost $270 million in 2020, and the residential real estate brokerage generated $3.7 Those numbers are from a statement Compass filed with the Securities and Exchange Commission on Monday afternoon, in which the brokerage proposed offering $500 million in class “A” common stock. billion in revenue.

Marketing 448

Marketing Title Brokerage Residential 448

Housing Wire

MAY 13, 2021

Compass has successfully become a publicly traded company, but the residential brokerage continues to lose money and it has unclear plans to generate more revenue. But that revenue is wrapped up in home sale commission splits to Compass’s real estate agents – money that goes in and out the door.

Mortgages 435

Mortgages Brokerage Title Residential 435

Housing Wire

NOVEMBER 17, 2021

For years, @properties has sat atop Chicago residential real estate, fueling speculation about if and when they might aggressively expand outside Chicagoland. Meanwhile, @properties ranks 8 th on RealTrend’s third-party verified and self-reported list of top brokerages nationally by sales volume with $16.4

Brokerage 448

Brokerage Residential Equity Branding 448

Housing Wire

NOVEMBER 25, 2020

Venture-backed residential brokerage Compass has hired bookrunners ahead of an independent public offering in 2021, according to a new report. In the early days of the pandemic, when lockdowns prevented Compass from showing homes in its strongest market, the brokerage elected to cut 15% of non-agent staff.

Brokerage 435

Brokerage Residential Title Agents 435