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San Francisco-based OWN Real Estate makes the leap to Keller Williams

Housing Wire

San Francisco-based real estate team OWN Real Estate joined Keller Williams , the company announced on Wednesday. Founded by Wilson Leung, the team has 19 real estate agents and six staff members. In 2022, OWN Real Estate sold 80 homes, amounting to more than $107.1

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Compass snags two Chicago-based @properties brokers

Housing Wire

The top agents were previously at brokerage @properties. “We With her 20 years of experience, Hodge is one of the top-producing agents in the western suburbs of Chicago. “I’m She ranked among the top 1% of Chicago Realtors in 2017 and is also a past president of the Women’s Council of Realtors.

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Real estate teams beat brokerage firms in profitability

Housing Wire

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. RealTrends Brokerage Compensation Report. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit.

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RE/MAX Holdings appoints Erik Carlson as new CEO

Housing Wire

After a nearly two-year search, RE/MAX Holdings , the parent company of brokerage firm RE/MAX , has found its new CEO. Prior to becoming the president of DISH in 2017, Carlson held several leadership roles at the firm, including president and chief operating officer. Earlier in his career. Carlson led DISH’s indirect sales operations.

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Compass acquisition could worry some California agents

Housing Wire

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month.

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Joint ventures between title firms and real estate companies are under the microscope

Housing Wire

In 1983 Jim Campbell launched what is believed to be the first joint venture experiment between a real estate brokerage and a title and settlement firm. The authors also claim that the profit dividends received by the title company and the real estate brokerage are “wildly disproportionate” to their respective investments.

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Opendoor, Atlanta, and the future of iBuying

Housing Wire

After a review of Atlanta area property records, it would appear Kim Klir is the most successful real estate agent in world history. Of those sales, Klir was the listing agent for 1,213 of the 1,613 deals, according to FMLS data. Led by CEO Eric Wu , Opendoor is arguably normalizing iBuyers in real estate.