Housing Wire

OCTOBER 27, 2020

HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector. If you’re a managing broker, you’re probably bombarded by sales pitches from vendors anxious to sell you their latest technology innovation. The HousingStack is exclusively for HW+ members.

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Technology Brokerage Agents Sales 395

Housing Wire

JULY 1, 2021

So began one of the more compelling panels at RealTrends’ “Gathering of Eagles” conference in Colorado Springs – “Intersection of tech and brokerage.”. Any real estate talk about technology can degenerate into to just saying the word “technology.” “We Don’t go out and build a consumer-facing technology,” McClelland advised.

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Brokerage Technology Agents Closing 409

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.

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Brokerage Branding Agents Sales 388

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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Lending Brokerage Mortgages Banks 394

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. According to the 2023 RealTrends rankings of top real estate brokerages by sides, Keyes is ranked No. billion in closed sales volume in 2022. 38 with 12,458 transactions and $7.5

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Brokerage Agents Industrial Closing 337

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.

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Sales Residential Branding Brokerage 304

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.

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Equity Brokerage Agents Marketing 367

Housing Wire

JULY 15, 2022

Mortgage brokerage Edison Mortgage, which works with more than 50 lenders, reached $1 billion (CAD) in annualized submitted volume in March 2020, according to the firm. According to economists at the Canadian Real Estate Association , home sales are projected to fall by about 15% this year and an additional 2.8%

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Brokerage Mortgages Banks Lending 385

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 post HousingWire June Demo Day: CHIME Technologies appeared first on HousingWire. Product Fast Facts. #1. Get More Info.

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Technology Brokerage Design Closing 257

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. At First American, saying yes has allowed me to touch all aspects of the title business from sales to product management to operations and strategic planning.

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Technology Title Industrial Closing 271

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.

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Technology Staging Development Agents 271

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 Poleg acknowledged the headwinds faced by the industry, telling analysts that elevated mortgage rates are stifling sales activity. 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.

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Brokerage Agents Title Lending 307

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. No other brokerage can offer agents a big traditional split and all the benefits, support, technology and customer introductions that we provide here at Redfin.

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Agents Marketing Brokerage Technology 384

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.

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Agents Brokerage MLS Technology 312

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 402

Inman

MARCH 28, 2024

The Jon Campbell Team, previously the Don Wenner Team, closed 2,250 home sales across $585 million in sales volume in 2023. Technology and culture helped draw the team to Real.

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Brokerage Technology Closing Sales 170

Housing Wire

APRIL 25, 2024

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.” The firm’s owned brokerage group, Anywhere Advisors , recorded a 6% annual decline in transaction sides to 50,513. The company expects to realize cost savings of at least $100 million in 2024.

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Branding Technology Title Brokerage 325

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. billion in sales volume, down 15% year over year. Keller Williams gave credit to its quick technology shifts during the pandemic to keep business going.

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Brokerage Technology Agents Closing 383

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.

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Brokerage Staging Branding Agents 342

Housing Wire

SEPTEMBER 12, 2023

Another independent brokerage has chosen to align with RE/MAX. The brokerage will now operate under the name RE/MAX The Collective. In 2022, Larson’s agents achieved $55 million in sales volume, according to the release. In 2022, Larson’s agents achieved $55 million in sales volume, according to the release.

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Brokerage Branding Residential Agents 395

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

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Principal Brokerage Agents Technology 399

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.

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Brokerage Technology Branding Development 387

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.

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Due diligence Brokerage Branding Agents 406

RIS Media

DECEMBER 10, 2020

This article is the second in a series on effectively implementing new technology at the brokerage level. And if your brokerage doesn’t adapt to change, you’re at risk of losing new business and agents to your competition. Technology is only going to get better and play an increasingly central role.

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Housing Wire

FEBRUARY 13, 2024

The data produced when properties are listed for sale contains essential market information that can serve many business and risk management use cases,” said Ben Graboske, president of mortgage data and analytics for ICE fixed income and data services.

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MLS Technology Mortgages Banks 369

Housing Wire

MARCH 18, 2024

It was a part of the 2022 REACH Canada Cohort, a technology scale-up program backed by the National Association of Realtors (NAR). Backed by venture fund Second Century Ventures , Roomvu has been recognized as one of Canada’s 20 most innovative tech companies. Our expansion into the U.S.

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Marketing Residential Technology Branding 368

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.

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Brokerage Technology Agents As-is 368

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 400

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. Consumers have had lots of choices in brokerage services, including those with lower costs, but they have chosen not to use them in any meaningful way.

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MLS Brokerage Agents Industrial 424

Housing Wire

SEPTEMBER 26, 2023

Justin Tesar highlighted @properties’ technology as one of the reasons for the move. According to data from BrokerMetrics , the Tesars have closed a combined sales volume of $25.4 million since the start of the year, which is 30% higher than their sales volume for the full year 2022.

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Agents Brokerage Technology Sales 316

Housing Wire

DECEMBER 11, 2023

Despite the change in pay structure, agents enrolled in the Redfin Next pay plan remain W-2 employees who still receive benefits, including health care, 401(k) matching, technology, and an employee stock purchase program.

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Marketing Brokerage Agents Technology 398

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. We believe that 2023 was the bottom of the downturn and we are constantly prepared for a better 2024,” Reffkin said.

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Brokerage Investor Technology Agents 350

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

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Brokerage Principal Title Equity 350

RIS Media

JANUARY 24, 2022

Christie’s International Real Estate is finalizing the sale of its company-owned Manhattan brokerage office to Brown Harris Stevens, the company has announced. Sale to Brown Harris Stevens. The acquisition included a 20-agent company-owned brokerage office in New York City. billion in closed volume.

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Brokerage Sales Branding Technology 93

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.

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Brokerage Investor Finance Technology 296

Housing Wire

APRIL 26, 2021

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. Glide, which was founded in 2017, provides tools like eSignature and the digitization of sales processing forms. On the other hand, Compass has shot up the brokerage rankings – placing 2 nd in U.S.

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Purchase and sale agreement Agents Brokerage MLS 367

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. Though brokerage leaders say they are preparing for the outcome of the commission lawsuits, it was low on the list of challenges respondents were most concerned about.

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Brokerage MLS Agents Technology 359