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Real estate agents are staying put: Relitix

Housing Wire

Real estate agents are moving much less between brokerages than the post-pandemic peak seen in the summer of 2021, Relitix’s inaugural Agent Movement Index shows. Agents are reacting to an uncertain market by staying put in larger numbers,” according to Relitix Founder and President Rob Keefe.

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New low in real estate agent movement: Relitix

Housing Wire

Agents are moving between brokerages at a much slower pace than the post-pandemic peak seen in the summer of 2021, according to Relitix’s Agent Movement Index. The index shows the relative degree of movement between brokerages by experienced agents and is indexed to the level of mobility in January 2016.

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Lenders, tech firms hire executives to navigate down market

Housing Wire

Motto Mortgage, a national mortgage brokerage franchise, and wemlo , a mortgage processing solution with an all-in-one digital platform, tapped Chris Erickson as vice president of product and strategy for both brands this week. Goldman will be responsible for Floify’s sales development strategies.

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

Housing Wire

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. Other established names to make the Inc.

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HW Media acquires REAL Trends to combine two of real estate’s most powerful media outlets

Housing Wire

HW Media, publisher of HousingWire, FinLedger, and producer of Engage Events, today announced it has closed on the strategic acquisition of REAL Trends, the residential real estate industry’s leading report that ranks the performance of the top U.S. brokerage firms. About REAL Trends. About HW Media.

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A look behind this year’s Tech100 winners

Housing Wire

In 2016 LLR led a $26.5 million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ This isn’t a new story in mortgage lending or real estate brokerage. Real estate is a $206 billion industry, according to IBISWorld.

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Despite headwinds, these mortgage companies are hiring

Housing Wire

And mortgage brokerages, which don’t have the burden of high overhead, are heavily recruiting retail LOs whose pipelines have thinned in recent months. Several large mortgage brokerages see the market-wide volatility as a recruiting tool. Purchase applications are where brokerages really shine in the first place.”.

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