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World’s first AI real estate agent has already made $100M in sales

Housing Wire

One of the companies utilizing the technology is Portugal-based real estate brokerage firm Porta da Frente Christies , which has reported $100 million in sales generated from leads provided by the AI agent. “We have more than 5,000 properties currently in our portfolio.

Agents 298
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Flagstar Bank lays off 700, with 1,200 more to depart after asset sale to Mr. Cooper

Housing Wire

New York Community Bancorp (NYCB) this week announced that it rebranded to Flagstar Bank , laid off 700 employees and anticipated the transition of another 1,200 to Mr. Cooper Group as part of the sale of its third-party origination (TPO) business and mortgage servicing rights (MSRs).

Banks 416
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Major title insurers post strong Q1 earnings, fueled by commercial real estate deals

Housing Wire

A surge in commercial real estate transactions helped drive solid first-quarter 2025 earnings for the countrys largest title insurers. First American Financial , Fidelity National Financial , Old Republic International and Stewart Information Services all reported year-over-year gains in commercial title revenue. a year ago.

Title 243
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Century 21 expands yet again — this time in Northern California

Housing Wire

Kobetz, a lifelong Mendocino County resident, transitioned into real estate in 2017 after a career in his family’s motorsports dealership, where he developed sales and finance experience. Kobetz Realty currently serves clients across Mendocino, Lake and Sonoma counties with services in residential , commercial and ranch real estate.

Branding 369
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Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Market conditions have certainly trended downward for residential or commercial real estate. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

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NAR: Americans want a tax plan that supports the American dream

Housing Wire

76% support tax credits to convert unused commercial space into much-needed housing. NARs poll shows that 67% of voters support doubling the capital gains exemption on the sale of a primary residence from $250,000 to $500,000 for individuals and from $500,000 to $1 million for couples.

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RealTrends launches real estate agent and team city rankings

Housing Wire

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 417