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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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Real estate tech firm Prevu raises $6 million in Series A

Housing Wire

Real estate tech firm Prevu announced a Series A financing round Thursday of $6 million. Launched in New York City in 2017, Prevu offers buyers up to 2% cash back of the purchase price thanks to its commission rebate. billion in real estate transactions over the past six years. “In

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Collabra names real estate veteran Charron to its board

Housing Wire

Collabra Technology , a real estate marketing and analytics firm, has appointed former Bright MLS executive David Charron to its board of directors, the company announced on Monday. In 2017, MRIS merged with TREND to form Bright MLS. For 16 years, Charron was the president and CEO of MRIS , a major multiple listing service.

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Engel & Volkers continues its expansion in Atlanta

Housing Wire

Led by real estate veterans Noelle Larson and Susi O’Connor, the AtHome team serves the Georgia counties of Cobb, Cherokee, Dawson, Forsyth and North Fulton with its nine agents. Luxury brokerage Engel & Volkers Atlanta is expanding its footprint in the Georgia capital through the acquisition of AtHome & Co.,

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IPO no: Why real estate companies stopped going public

Housing Wire

The chief executive officer for real estate brokerage Side announced a fresh $50 million in venture capital money spearheaded by ultra-prolific financier Tiger Global Management. For many years, everyone thought brokerage was ripe for major disruption,” said Gilles Duranton, real estate professor at the University of Pennsylvania.

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Feds seek to enlist real estate agents in anti-corruption push

Housing Wire

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

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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. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. Real estate team profitability is stunning.