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The ‘double-edged sword’ of dual licensing

Housing Wire

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

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Opinion: Real estate is already changing, despite commission lawsuit’s outcome

Housing Wire

Phillip Cantrell is the CEO of Benchmark Realty LLC based in Franklin, Tennessee and the executive vice president of Strategy for United Real Estate. The rule change will prohibit listing brokers from paying buyer’s agents and will instead require sellers to pay them directly if they choose to pay them at all. Look around.

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Christian Wallace joins Real as the chief of integrated home services

Housing Wire

At Real, the company has made a huge investment by acquiring mortgage and title businesses and everybody is moving in the same direction to help both our agents and their clients be successful,” Wallace said in a statement. “As At Rocket Homes where Wallace worked from Feb. 2022 to Oct.

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Corcoran launches first franchise in Oregon

Housing Wire

Realtors , was founded in 2014 by Jackson and Matt Lesher. The brokerage boasts a team of roughly two dozen licensed agents , as well as support staff members in marketing, management and transaction coordination roles. ” Corcoran Prime, previously known as The Agency Inc.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Transactly , a real estate transaction platform that provides automation, integrations and tech-enabled services that significantly reduce process time, placed 126th in 2023. The self-reported list ranks U.S.

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The Real Brokerage snags top Phoenix team

Housing Wire

Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. Newman and his team serve clients in Phoenix, Scottsdale , Paradise Valley and Southeast Valley. Newman has more than 20 years of experience in the real estate industry.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. These employee agents are exceedingly more productive than the average independent contractor agent. But it also drew a bountiful new crop of people into real estate. “I

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