Housing Wire

JANUARY 3, 2024

Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention and production of independent contractor sales agents. approach to value.

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Valuation Brokerage Housing Market Agents 421

Housing Wire

MARCH 29, 2024

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 420

Brokerage Agents Realty Real Estate 420

Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger.

Brokerage 458

Brokerage Agents Training Business 458

Housing Wire

APRIL 8, 2024

Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The brokerage will pay $9.25 The Real Brokerage closed $14.4 The Umpa suit is the only commission lawsuit in which Real has been named as a defendant.

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Brokerage Real Estate Agent Real Estate Clients 384

Housing Wire

MARCH 22, 2024

Each year, RealTrends Verified identifies the country’s most successful residential real estate brokerages, teams and agents – verifying transaction sides and closed sales volume for top-performing real estate brokerages — to give you the full picture of real estate performance.

Brokerage 421

Brokerage Realty Real Estate Inventory 421

Housing Wire

OCTOBER 25, 2023

First Team Real Estate , the largest independent brokerage in California , left Christie’s International Real Estate , the company first told Inman on Wednesday. We provide them with what they need to grow their businesses, offering the opportunity to be part of a great company culture while empowering them to develop their own teams.”

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Brokerage Real Estate Agent Real Estate Agents 410

Housing Wire

MARCH 22, 2024

I’m sharing a transformative announcement with you today, one that marks a new era for RealTrends and propels forward the vision of bringing transparency to what it means to be a top-performing real estate brokerage, team or agent. You work hard to serve clients and grow your business. You market your brand and business online.

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Brokerage Real Estate Agents Sellers 421

Housing Wire

AUGUST 30, 2023

In the competitive world of real estate recruitment, brokerages fight for the attention and loyalty of talented agents who can drive their success. As the lifeblood of the industry, agents play an important role in attracting clients, closing deals and determining the ultimate profitability of a brokerage.

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Brokerage Real Estate Agents Training 370

Housing Wire

FEBRUARY 2, 2024

Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We This is the second title-affiliated business agreement eXp has announced in the past year.

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Business Realty Brokerage Real Estate 407

Housing Wire

OCTOBER 13, 2023

Indie brokerage Legends Real Estate has joined The Real Brokerage , expanding Real’s footprint in No rt hern California. Industry veteran John Pope founded the Sacramento-based brokerage in 2020 and will serve as a regional broker for Real. As part of his new role, he will oversee Northern California for the brokerage.

Brokerage 421

Brokerage Real Estate Agents Business 421

Housing Wire

MARCH 20, 2024

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. Every big brokerage has some of them, but if you think about some of the most productive agents, a lot of them sit on Compass’ platform.

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Brokerage Agents Realtors Real Estate 450

Housing Wire

APRIL 22, 2024

In fact, the sweet spot for acquisitions over the next couple of years is going to be the small one-office brokerage firms.” With the headwinds facing the real estate industry, Wright and Murray believe smaller brokerage firms will be looking for a place to land, making acquisitions a possibility for even one-office, 25 agent firms.

Brokerage 440

Brokerage Real Estate Agents Sellers 440

Housing Wire

FEBRUARY 16, 2024

Path & Post Real Estate appointed Bekki Shae Smith to the role of managing broker, the Georgia -based boutique brokerage announced on Thursday. Operated by business partners Brad Nix and Becky Babcock, Path & Post operates mostly in north Atlanta. She aligns with our team’s core values of respect, unity, and the golden rule.

Brokerage 421

Brokerage Realtors Realty Real Estate 421

Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Splitero’s business model allows homeowners to tap into up to $500,000 in upfront cash payments without income and credit score requirements or monthly payments.

Brokerage 410

Brokerage Real Estate Investing Sellers 410

Inman

MARCH 27, 2024

Most real estate professionals are quite bullish on their own brokerage's business model. But more are beginning to question it, according to a review of the latest Inman Intel Index results.

Brokerage 139

Brokerage Business Real Estate Agents 139

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. The brokerage, which was founded in 1976 by Gene Boone, will now be known as RE/MAX Foxfire.

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Brokerage Technology Agents Training 410

Housing Wire

NOVEMBER 20, 2023

I decided to break down the numbers and look at brokerage economics. According to data from RTC Consulting and RealTrends , the total gross commission paid out to residential brokerage firms and their agents over the past five years was approximately $420.9 While reading about the $1.8 according to RTC Consulting data.

Brokerage 428

Brokerage Real Estate Agent Agents Real Estate 428

Housing Wire

OCTOBER 25, 2023

Florida -based Keyes Company , an independent real estate brokerage , partnered with housing data aggregator BHR , the company announced Tuesday. They are an incredibly advanced real estate tool and one of the first AI-powered products we believe will 10x our agents’ business.” 38 with 12,458 transactions and $7.5

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Brokerage Real Estate Agent Real Estate Tools 409

Housing Wire

FEBRUARY 8, 2023

Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. That changes now,” Homelendia CEO Frank Chimento said in a press release.

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Brokerage Mortgage Training Lending 370

Housing Wire

SEPTEMBER 11, 2023

In today’s RealTrending Pritesh Damani , CTO for The Real Brokerage , shares how his team developed Leo, an AI assistant for teams and brokers. More than that, he discusses potential uses for brokerage leaders in streamlining business and recruiting. Here is a small preview of today’s interview with Pritesh.

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Brokerage Real Estate Training Tools 397

Housing Wire

SEPTEMBER 29, 2023

The Paris-based brokerage is launching its Florida operation on Friday, marking its first expansion into the U.S. According to iad, the brokerage is the No. 1 brokerage by transaction sides in France, as well as No.3 According to iad, the brokerage is the No. 1 brokerage by transaction sides in France, as well as No.3

Brokerage 432

Brokerage Agents Real Estate Realty 432

Inman

MAY 21, 2024

Pushing boundaries and changing the status quo, these three independent brokerages offer ideas for moving your own business forward.

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Brokerage Real Estate Business Agents 156

Housing Wire

AUGUST 2, 2023

Under the leadership of Mark Dilbeck, the company’s majority owner since 1998, the indie brokerage achieved $1.04 Dilbeck ranked as the 178th largest independent brokerage in America in 2022 and nine of its agents cleared $16 million in sales volume last year, according to our rankings. million in volume.

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Real Estate Brokerage Agents Business 370

Housing Wire

DECEMBER 26, 2023

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. With mortgage rates trending downward in recent weeks and economists expecting them to further recede in 2024, analysts are feeling guardedly optimistic about how the publicly traded brokerages will perform in 2024. “I

Brokerage 450

Brokerage Mortgage Agents Bracketing 450

Housing Wire

MARCH 19, 2024

For many real estate brokerages and roughly 1 million Realtors, the nationwide settlement agreement that the National Association of Realtors (NAR) negotiated due to the ongoing commission lawsuits marks the end of their cooperative compensation litigation concerns, at least for the time being. billion ), Douglas Elliman ($42.8

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Brokerage Real Estate Realtors Legal 466

Housing Wire

OCTOBER 2, 2023

Real estate giant Zillow came out victorious in its years-long legal battle with discount brokerage REX Real Estate. District Court in Seattle determined that Zillow did not make deceptive change to its only agent listings that forced REX Real Estate to go out of business. In mid-May 2022, REX ceased its brokerage operations.

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Advertising Brokerage Real Estate Legal 421

Housing Wire

AUGUST 15, 2023

The Real Brokerage Inc. In her new role, Rozenblat will be responsible for overseeing Real’s day-to-day operations, implementing strategies to enhance efficiency and ensuring the execution of the virtual brokerage’s tech vision. She’ll undoubtedly stay busy at Real, one of the nation’s fastest-growing brokerages.

Brokerage 370

Brokerage Real Estate Agents Lending 370

Inman

MAY 14, 2024

Take into account the way you like to work, your level of expertise and your desire for collaboration when considering the brokerage model that works best for you and your business.

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Brokerage Business 153

Housing Wire

APRIL 9, 2024

On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. We both shared a passion for our families, our clients, being involved in our communities, understanding the importance of having a solid business plan and advocating for both our industry and the clients we serve.

Realty 421

Realty Brokerage Real Estate Realtors 421

Housing Wire

SEPTEMBER 27, 2022

Publicly traded real estate firm The Real Brokerage has struck an agreement to acquire the mortgage brokerage arm of real estate and mortgage technology company LemonBrew. The Real Brokerage, headquartered in Ontario, Canada, will pay $1.25 million to acquire the tech-enabled home loan platform, which does business in 20 U.S.

Brokerage 370

Brokerage Lending Loan Officers Technology 370

Housing Wire

JANUARY 19, 2022

The real estate brokerage has not announced agent hires, but it has tapped a managing broker for the state in John Wollberg. Wollberg was most recently the executive vice president and managing director of sales and operations at Brown Harris Stevens , a Manhattan-based brokerage headquartered on Park Avenue. real estate.

Brokerage 410

Brokerage Real Estate Agents Valuation 410

Housing Wire

JUNE 20, 2023

During this National Homeownership Month in particular, homeowners should be wary of a new business practice preying upon vulnerable homeowners — non-title recorded agreements for personal service ( NTRAPS ), long-term listing agreements that entrap consumers. Together, we can end this predatory business practice once and for all.

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Business Brokerage Contracts Real Estate 384

Housing Wire

SEPTEMBER 28, 2023

is the latest independent brokerage to affiliate with a major national brand. My time working in the hectic business world of Manhattan has taught me just how much people appreciate clear communication and availability,” Cristina said in a statement. Anchor Real Estate of Long Island, Inc. In 2016, she became licensed as a broker.

Brokerage 410

Brokerage Real Estate Clients Agents 410

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Presented by: Axis Technical Group.

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Brokerage Real Estate Lending Mortgage 397

Housing Wire

JUNE 30, 2021

Brokerage executives are elated to see each other in person again. HW Media acquired RealTrends last year, and for most real estate brokerage heads RealTrends’ annual soiree was the first in real life since early 2020. The post Real estate brokerages embrace long-term remote work appeared first on HousingWire.

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Brokerage Real Estate Business 539

Housing Wire

AUGUST 10, 2023

Low-cost residential real estate brokerage is not necessarily a new phenomenon. Flat-fee firms climbing up the brokerage rankings Interestingly, in 2013 only five of the top 100 firms in the nation, according to the RealTrends 500 rankings , were flat-fee firms. Low-cost brokerage has kicked brokers in the teeth over the years.

Brokerage 370

Brokerage Real Estate Realty Advertising 370

Housing Wire

MARCH 22, 2021

San Francisco-based real estate brokerage Side announced Monday that they raised $150 million, ushering in a new phase for the four-year-old company. For example, top Beverly Hills luxury producer Ben Bacal started the brand “Revel Real Estate” under the Side brokerage. How to Diversify Your Brokerage to Weather Economic Hardship.

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Brokerage Agents Real Estate Valuation 397