Remove 2014 Remove Brokerage Remove Real Estate Agent Remove Realtors
article thumbnail

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

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. .

Brokerage 343
article thumbnail

A record year for real estate brokerage firms

Housing Wire

Capitalizing on these market factors, brokerage firms in the 2022 RealTrends 500 brokerage rankings broke records in market share, closed transaction sides (there must be inventory somewhere!) The top four — Realogy Brokerage Group (RBG), HomeServices of America , Compass and eXp Realty — now have 20% market share in the U.S.

Brokerage 294
article thumbnail

Opinion: All the ways the class-action commission lawsuits are misguided

Housing Wire

No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Consumers are free to sell or buy a home without an agent — and consumers know this.

article thumbnail

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.

article thumbnail

Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Redfin is a publicly traded company, a nationally recognized listings website and one of the biggest brokerages in the country. But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. million real estate agents.

Business 360