Housing Wire

FEBRUARY 11, 2021

Discuss the weather, how your pets are handling the pandemic, even the housing market, but these brokers will steer the conversation to one subject, and one subject alone – the residential real estate brokerage Compass. And yet, it bears watching if the brokerage can be another “Titanic” – the movie, not the ship.

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Brokerage Real Estate Real Estate Agent Realty 403

Housing Wire

JANUARY 9, 2024

Like the other copycat commission lawsuits, the plaintiff James Tuccori, an Illinois resident who purchased a home listed on the local MLS in 2018 with the help of an @properties agent, is accusing real estate industry players of colluding to artificially inflate real estate agent commissions.

Property Management 363

Property Management Real Estate Agents Brokerage 363

Housing Wire

JANUARY 9, 2024

Sandra Hines and Blake Waggoner from The Hines Group will join as senior broker and broker, respectively, and Dave Janssens will join as managing broker at the California -based brokerage led by Mauricio Umansky. Together, the three agents will cover West Seattle and the Eastside areas of Seattle.

Realty 344

Realty Brokerage Agents Real Estate 344

Housing Wire

SEPTEMBER 7, 2023

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton and Reisinger will have an impact on the global network of 550-plus independent real estate brokerages.

Legal 359

Legal Brokerage Real Estate Modernization 359

Housing Wire

SEPTEMBER 11, 2020

But it remains the biggest player in a blossoming segment of real estate, in which tech-fueled companies – and even traditional brokerages – aspire to have a hand in every element of the home buying process. In 2018, the firm acquired Los Angeles-based discount brokerage Open Listings for an undisclosed sum.

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Valuation Brokerage Real Estate Agent Real Estate 396

Housing Wire

OCTOBER 18, 2023

Ketchmark also brought up Keller’s book “The Millionaire Real Estate Agent,” which discusses the ‘co-opetition’ model that has evolved among rival brokerages. In the book, Keller also mentions that each side in a real estate transaction gets an average of a 3% commission.

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Agents Training Real Estate Real Estate Agent 414

Housing Wire

APRIL 28, 2022

Residential real estate brokerages will not do as well in 2022 as they did in 2021, but let’s not get carried away. billion in quarterly revenue, but the vast majority of that is from home sale commissions, which largely are returned to the company’s independent contractor real estate agents.

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Mortgage Brokerage Agents Real Estate Agent 343

Housing Wire

MARCH 22, 2021

Although the claims were made prior to Compass’s acquisition of Modus, Compass officials said the brokerage was aware of the investigation when it acquired Modus in October 2020 for approximately $50 million. Modus, which raised over $14 million from investors since its launch in 2018, released a statement saying it plans to appeal.

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Insurance Real Estate Agent Brokerage Real Estate 423

Housing Wire

MARCH 8, 2024

While Hometap doesn’t directly work with mortgage lenders or real estate brokerages right now, Burnett sees an opportunity for partnership to help buyers’ homeownership in the long term. Burnett: After being founded in 2017, we made our first investments in 2018 and 2019.

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Investing Real Estate Agent Marketing Real Estate 325

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. of offers written by Redfin agents facing competition in August. In 2018-2019, total housing inventory was in the range between 1.52

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Buyers Inventory Real Estate Agent Agents 429

Housing Wire

SEPTEMBER 13, 2023

Massachusetts -based boutique real estate firm Lindo Realty Group has joined the commonwealth’s top independent real estate brokerage, Jack Conway & Co. Prior to founding the Lindo Realty Group in 2018, Robbie Lindo worked at Jack Conway for more than a decade as a top salesperson and then as a manager.

Real Estate 342

Real Estate Realty Brokerage Clients 342

Housing Wire

MAY 6, 2021

Another group of California agents has left Compass for Side , this time in the luxury, coastal environs of Marin County. OWN Marin, a veteran team of five agents, announced last week that they switched from the New York-headquartered brokerage to the San Francisco-based outfit. 1 Bay Area brokerage by sales volume.

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Brokerage Agents Legal Valuation 370

Housing Wire

JANUARY 5, 2021

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. In fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years.

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Architecture Real Estate Agent Loan Officers Real Estate 389

Housing Wire

FEBRUARY 25, 2021

How 2020 exposed a greater need for collaboration between real estate agents and LOs. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Zillow Offers, meanwhile, came into focus in 2018 when Rich Barton stepped back into the CEO chair.

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Real Estate Agent Home Value Real Estate Loan Officers 361

Housing Wire

NOVEMBER 13, 2023

Fathom Holdings is the latest brokerage to make a significant C-Suite change. Fregenal has served as Fathom’s CFO since 2012 and as president since 2018. ” Cary, North Carolina based Fathom was among the biggest movers by transaction sides in the RealTrends 2023 brokerage rankings. million in sales volume in 2022.

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Brokerage Agents Business Marketing 340

Zillow

AUGUST 1, 2019

Buyers and sellers often enter the market with misconceptions about real estate agents - how they work, how the process works and what the agency relationship is all about. First, it's helpful to know that the seller pays the commission, and they split it four ways: between the two brokerages and the two agents.

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Real Estate Agent Real Estate Agents Sellers 74

Housing Wire

DECEMBER 16, 2020

Keller Williams declined to provide HousingWire a timeline for the closure or explain why Smarter Agent was shutting down. Smarter Agent users have been notified of the planned service changes.”. The company claimed on its website that it had more than 3,000 brokerages and 300,000 agents using its app.

Agents 388

Agents Brokerage Real Estate Clients 388

Housing Wire

SEPTEMBER 19, 2023

As someone who worked for a large, nationally branded brokerage for 30+ years, I had a front-row seat to many mergers and acquisitions. Back before iron-clad earn outs and claw-back clauses, I witnessed a time when two days after an acquisition announcement, the entire agent population walked out with the managers.

Real Estate 363

Real Estate Brokerage Agents Business 363

Housing Wire

DECEMBER 11, 2023

This modest but significant one-year decline understates KeyBank’s longer-term performance for non-wealthy families seeking to buy a home to live in: In 2018 more than 38% of such KeyBank loans went to an LMI borrower. . “KeyBank’s betrayal of Black and low-income homebuyers continued in 2022” “KeyBank made 19.2%

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Real Estate Agent Real Estate Agents Lending 417

Housing Wire

MARCH 3, 2022

The real estate brokerage unveiled its first annual report Monday, a federally required document for any public company. Indeed, most other brokerages either do not provide an adjusted EBITDA figure or give one at less variance to net income. times the deals of the average agent, the report states.

Brokerage 340

Brokerage Agents Real Estate Law 340

Housing Wire

JANUARY 27, 2022

“If you’re a big celebrity, the press is going to find out,” Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors , told RealTrends. The sellers that Arrington bought the home from, purchased the home in November 2018 for $10.4 million, according to property records.

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Agents Real Estate Real Estate Agent Realty 309

Housing Wire

JANUARY 31, 2022

“If you’re a big celebrity, the press is going to find out,” Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors , told RealTrends. The sellers that Arrington bought the home from, purchased the home in November 2018 for $10.4 million, according to property records.

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Agents Real Estate Real Estate Agent Realty 302

Housing Wire

JUNE 21, 2022

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.

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Brokerage Real Estate Realty Agents 305

Housing Wire

AUGUST 21, 2023

The Compass Cares program is the charitable arm of Compass, a real estate brokerage making big waves in the market. Compass isn’t only focused on national real estate sales, it is looking to make an impact at the local level. Compass was recently honored as a 2023 “Game Changer” by RealTrends.

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Real Estate Agent Real Estate Agents Brokerage 66

Housing Wire

JANUARY 26, 2024

We’ve all heard the news: over 60,000 real estate agents left the profession in the first half of 2023. This exodus left many brokerages scrambling to replace them and upping their recruiting game. Let’s break it down brokerage by brokerage so you can find the one that’s right for you.

Real Estate 387

Real Estate Brokerage Agents Real Estate Agent 387

Lamacchia Realty

FEBRUARY 1, 2023

Under Lamacchia’s leadership, the company continues to be the fastest-growing independent brokerage in Massachusetts. Anthony is grateful for the opportunity to help real estate agents grow their businesses and succeed in the industry by providing them with exceptional products, services, and tools.

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Realty Real Estate Agent Real Estate Agents 70

Housing Wire

MARCH 30, 2022

BH: A goal I frequently hear from many in the real estate industry is this idea of streamlining the real estate transaction experience and making it more like an Amazon checkout. So, I think the right analogy for the real estate transaction is not really Amazon, but rather more akin to Shopify , Stripe or Square.

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Mortgage Real Estate Investing Technology 339

Housing Wire

SEPTEMBER 10, 2020

The company launched a title and escrow unit, dubbed Orchard Title, in the fall of 2018. We feel like real estate agents that are not adding a ton of value should charge a more modest fee or, you need to create value and share it back with the consumer to justify that 6% fee,” Cunningham said, “and that’s what we’re doing.”.

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Real Estate Modernization Design Insurance 236

Lamacchia Realty

JANUARY 3, 2024

Eileen is a member of the Lamacchia Realty 2017 , 2018, 2019 , 2020, 2021, and 2022 President’s Club , and the 2020 , 2021, 2022 President’s Club ELITE. She was awarded Most Transactions and Most Sales Volume in 2018 2019 , 2020 , and 2021 for our Woburn Office.

Realtors 71

Realtors Realty Real Estate Clients 71

Lamacchia Realty

JUNE 7, 2024

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

Realtors 64

Realtors Realty Real Estate Clients 64

Housing Wire

OCTOBER 4, 2023

Census Bureau shows how the business landscapes changed for homebuilders , lessors, agents , brokerages and other real estate professionals in the first full year after the pandemic began. Agents and Brokers The trajectory of agent and broker offices mirrors that of homebuilders. gain in 2005.

Landlords 366

Landlords Agents Brokerage Supply Chain 366

Lamacchia Realty

AUGUST 10, 2021

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. With her expert knowledge of Woburn and the surrounding towns, it is no wonder that she has been the top agent in Woburn for over twenty-five years!

Realty 68

Realty Agents Real Estate Real Estate Agent 68

Lamacchia Realty

SEPTEMBER 3, 2021

Cervone Laurie Howe Bourgeois has been a licensed real estate agent since 2000 and in the customer service industry for 34 years. To learn more about Laurie, click here: Laurie Howe Bourgeois Alicia Lassiter has been a licensed REALTOR® since 2018. Laurie joined Lamacchia Realty Leominster in the spring of 2019.

Realty 64

Realty Agents Real Estate Realtors 64

Lamacchia Realty

MAY 7, 2024

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

Realtors 69

Realtors Realty Real Estate Clients 69

Housing Wire

DECEMBER 23, 2021

Real estate agents in New York City — and across the country — are cheering for Florance. StreetEasy has been biting the hand that feeds it for too long,” said Frederick Peters, CEO of New York City brokerage Warburg Realty. But The Real Deal article also reported that in 2011 three of the biggest U.S.

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Brokerage Agents Real Estate Real Estate Agent 332

Housing Wire

MAY 3, 2021

Compass defrauded its real estate agents out of millions of dollars in sales commissions and broke pledges to give agents shares of stock, according to a new lawsuit that seeks class-action status. The second-largest brokerage in the U.S. Compass has faced multiple lawsuits in its eight-year-old history.

Agents 393

Agents Brokerage Real Estate Agent Real Estate 393

Lamacchia Realty

JUNE 6, 2023

He has received numerous accolades, including the 2018 President’s Elite Award, the 2021 Chairman’s Circle Award, and the 2022 D.R. Joselin is one of Lamacchia Realty’s top agents, consistently selling over 40 homes each year and more than $20 million in sales volume.

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Realtors Realty Real Estate Clients 70