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Top Tennessee brokerage merges with Compass

Housing Wire

Compass is continuing to expand its presence in the Southeast, announcing Monday that Tennessee -based Parks Real Estate has merged with the firm This is Compass’ second major merger and acquisition deal in the second quarter of 2024. Parks Real Estate includes the Pilkerton Realtors brand and is led by CEO Hunter Connelly.

Brokerage 369
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eXp posts $15.6M loss in Q1 2024 

Housing Wire

While revenue rose at eXp World Holdings during the first quarter of 2024, the firm was still unable to turn a profit due to the challenging housing market. In Q1 2024, the company reported a $15.6 Agent count at eXp kept declining in Q1 2024. million loss compared to a net gain of $1.5 million in Q1 2023.

Realty 330
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New Hampshire Association of Realtors partners with HousingWire

Housing Wire

HousingWire has partnered with New Hampshire Association of Realtors (NHAR) to bring original data, analytics and news to its members who are the voice for real estate in the state.

Realtors 372
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Brokerage executives double down on their lead generation strategies

Housing Wire

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.

Brokerage 341
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Bekki Shae Smith to join high-producing Georgia brokerage

Housing Wire

Path & Post Real Estate appointed Bekki Shae Smith to the role of managing broker, the Georgia -based boutique brokerage announced on Thursday. Before joining Path & Post, Smith was a Realtor , broker and partner at LOCAL Realty North ATL for three years.

Brokerage 355
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Seattle-based Coldwell Banker franchise to separate from NAR in 2024

Housing Wire

Coldwell Banker Danforth , a Seattle-based Coldwell Banker franchise, won’t renew its National Association of Realtors (NAR) affiliation at the beginning of 2024, the company announced on Friday. Earlier in October, national real estate brokerages Redfin , Anywhere and RE/MAX took a step back from NAR.

Brokerage 394
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Proptech startup Courted grows its roster of brokerage partnerships 

Housing Wire

Co-founded by Sean Soderstrom, Dan Breitbach and Joe Urciuoli, the proptech company sells an AI-powered software platform to help real estate brokerages with their recruiting efforts. Courted identified three main problems with how brokerages have historically recruited agents. The company has expanded to 50 markets in the U.S.

Brokerage 334