Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. Beginning May 5, Redfin Next will be available in seven markets outside the Golden State —including Chicago, Connecticut, Dallas, Miami, New York City, Washington, D.C.,

Agents 375

Agents Marketing Brokerage Real Estate 375

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. Is now a good time to invest in real estate automation technologies?

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Brokerage Real Estate Lending Mortgage 394

Housing Wire

JULY 15, 2022

Rocket Companies ‘ subsidiary Edison Financial will rebrand as Rocket Mortgage next month in Canada, a market with more than $760 billion (CAD) in mortgage originations annually. Rocket’s expansion comes amid an expected slowdown in Canada’s housing market. It previously acquired Lendesk, a Canadian fintech company.

Brokerage 378

Brokerage Mortgage Real Estate Lending 378

Housing Wire

AUGUST 10, 2023

Low-cost residential real estate brokerage is not necessarily a new phenomenon. RE/MAX was probably the most radical low-cost ‘disruptor’ this market has ever seen. Some may also charge other fees for such things as Errors & Omissions insurance, desk rental, technology, etc.

Brokerage 337

Brokerage Real Estate Realty Advertising 337

Housing Wire

OCTOBER 17, 2023

A friend of mine is a successful real estate professional in a competitive market. We often discuss changing housing market conditions, and the pressure real estate agents are under to stay relevant in the wake of increased competition. He built his business on an existing strong sphere. Can you replicate it?

Real Estate 427

Real Estate Brokerage Agents Technology 427

Housing Wire

OCTOBER 11, 2023

This year, 100 honorees were selected for their outstanding leadership in the midst of market volatility. The forward-thinkers and trailblazers who are shaping the industry through their unwavering commitment, transformative ideas and steadfast dedication to driving growth and positive change. Take a look at the full list below.

Realty 459

Realty Real Estate Technology Lending 459

Housing Wire

JUNE 5, 2023

N ominations for HousingWire’s Insiders award are open now through Friday, June 23, 2023. Be it new experimental technology, legislation or regulation to respond to, disruptive proptech models, shifting market dynamics and so on,” said Price. And, what KPIs are you focused on in the near future?

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Technology Real Estate Development Business 263

Housing Wire

MARCH 27, 2024

The brokerage boasts a team of roughly two dozen licensed agents , as well as support staff members in marketing, management and transaction coordination roles. In 2023, Corcoran expanded with new domestic affiliates in Northern California, New Jersey and Texas, and grew internationally in Italy and Canada.

Brokerage 357

Brokerage Real Estate Tools Clients 357

Housing Wire

FEBRUARY 27, 2024

Although Compass failed to achieve its much publicized goal of being free cash-flow positive in 2023, brokerage executives were still positive about the company’s performance over the past year. Despite these massive headwinds, we have positioned Compass for significant upside when the market begins to recover.” million in 2022.

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Agents Brokerage Buyers Training 340

Housing Wire

AUGUST 1, 2023

Congratulations to the 2023 Women of Influence winners. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

JANUARY 31, 2024

Josh Team is joining real estate brokerage Serhant as its first-ever president, Inman reported on Monday. After taking a three-year break from the industry, Team, the former president of Keller Williams , chose the brokerage headed by Ryan Serhant to make his comeback. Serhant’s national expansion took off in the spring of 2023.

Brokerage 361

Brokerage Real Estate Tools Agents 361

Housing Wire

AUGUST 7, 2023

After failing to achieve its goal of remaining adjusted EBITDA positive in 2022 , analysts were unsure if Compass would make good on its most recent financial goal of becoming free cash flow positive in the second quarter of 2023. But the Robert Reffkin -helmed brokerage has proved the naysayers wrong, at least for now.

Brokerage 343

Brokerage Agents Investors Technology 343

Housing Wire

MAY 17, 2024

Conversations across panels, roundtables, announcements, and everywhere in between seemed to trend toward the same general topic: How do we make the most of a market that continues to offer as many challenges as it does chances? It begs the question: How does today’s technology measure up?

Real Estate 339

Real Estate Technology Business Brokerage 339

Housing Wire

OCTOBER 13, 2023

“It means access to the industry’s leading technology platform and a vast agent referral network that will yield the greatest returns over time.” ” The Beinfield Team was with Compass from December 2019 to January 2023 before departing for Houlihan Lawrence in February.

Real Estate Agent 391

Real Estate Agent Agents Brokerage Real Estate 391

Housing Wire

FEBRUARY 13, 2024

The company aggregates and distributes data from participating organizations and brokerages, providing current MLS data directly from the source to avoid any lags that can occur when data is pulled from public records, according to the REdistribute website.

Real Estate 360

Real Estate Realty Brokerage Technology 360

Housing Wire

OCTOBER 3, 2023

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Some 22% said they were pessimistic, compared with 14% in the Q3 2023 survey. It ranked No.

Real Estate 349

Real Estate Brokerage Agents Training 349

Housing Wire

MAY 6, 2024

Launched in November 2023, Sidekick features many functionalities, including real-time market and property data retrieval abilities, valuation analyses and a suite of productivity tools for real estate professionals. “As Sidekick users will have the opportunity to do a variety of tasks through a conversational interface.

Realtors 366

Realtors Real Estate Agents Brokerage 366

Housing Wire

OCTOBER 10, 2023

She continued: “We did our due diligence and reviewed other brokerages. There was no comparison; Compass’s technology and its agent-first approach reigned superior by far.” 34 medium-sized team in Illinois by transaction sides in the 2023 RealTrends America’s Best rankings, after recording 135 transaction sides in 2022.

Agents 406

Agents Brokerage Clients Real Estate 406

Housing Wire

OCTOBER 16, 2023

Regardless of the outcome, real estate brokers are doing all they can to prepare their brokerages and their agents for more transparency, education on the value real estate agents bring to the transaction, and more, according to the 2023 Q4 BrokerPulse survey , a forward-looking housing market sentiment survey by HousingWire.

Real Estate 346

Real Estate Brokerage Training Agents 346

Housing Wire

OCTOBER 18, 2023

For years broker channel evangelists told me that a down market would give them an edge on their retail brethren. Well, it’s certainly been a down market. I asked the good folks at mortgage data technology firm InGenius to run the numbers. In Q2 2023, the number of valid LOs fell to 89,094. Take a look.

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Retail Loan Officers Brokerage Mortgage 512

Housing Wire

NOVEMBER 2, 2023

Redfin executives were happy to discuss commission lawsuits during their firm’s third-quarter 2023 earnings call with investors and analysts Thursday evening, just not the one their firm was recently named as a defendant in. Kelman said Redfin could use that technology to market properties listed by Redfin directly to consumers.

Agents 401

Agents Technology Housing Market Training 401

Housing Wire

OCTOBER 27, 2023

The Bandemer Team , led by Corinna and Brooke Bandemer, BaseCamp Homes , led by Jon Mottern, Ivy House Group , led by Alexis Shoop and Benjamin Babbitt, and The Sundberg Group , led by Rian Sundberg, are the four latest recruits of the brokerage. Compass entered the Colorado market in 2016 and now has 13 offices and 1,100 agents.

Real Estate 338

Real Estate Brokerage Agents Technology 338

Housing Wire

JANUARY 11, 2023

Eligible nominees must be corporate finance, capital markets or accounting executives within the mortgage origination or a real estate brokerage spaces and will be selected based on financial management, strategic thinking and contribution to their organization. So what does it take to be among the HW Finance Leaders?

Finance 340

Finance Real Estate Clients Brokerage 340

Housing Wire

JULY 21, 2023

Maggie Wu has returned to Compass , and she’s bringing her four-person The W Team to the New York brokerage. In December 2021, she had left Compass to join the young brokerage SERHANT. With the move, Wu returns to where she began her career as junior partner on the Jing Chen Team in 2019. where she launched her own team.

Brokerage 286

Brokerage Legal Clients Real Estate 286

Housing Wire

JULY 20, 2023

This is extremely valuable information, not only for teams but also for the brokerage firms with whom they are affiliated. Some of these same trends have been noted among larger versus small brokerage firms for years based on data from RealTrends + Tom Ferry The Thousand and America’s Best agent and team rankings ,” he adds.

Real Estate 265

Real Estate Brokerage Agents Business 265

Lamacchia Realty

JANUARY 12, 2024

Lamacchia Realty achieved multiple Number One Rankings for Market Share in 2023 in Worcester & Leominster. Lamacchia provides industry-leading training , support , systems , and technology to its agents so they can reach their fullest potential and best serve their clients. Per MLS PIN Residential property SF, CC, MF.

Realty 65

Realty Marketing Realtors Training 65

Inman

DECEMBER 28, 2023

Technology roared to life in 2023, sending a current of excitement across brokerages, MLS's and the vendors who serve both. But it was AI's rapid acceleration that drove the narrative.

Real Estate 135

Real Estate Brokerage Technology Agents 135

Housing Wire

MARCH 12, 2024

Austin-based real estate technology firm OJO is acquiring The LEAD Syndicate , a leverage platform for real estate professionals, according to an announcement on Tuesday. Now more than ever real estate agents and brokerages need a trusted ally so they can get back to basics and do what they do best.”

Real Estate Agent 331

Real Estate Agent Real Estate Agents Training 331

Housing Wire

APRIL 1, 2024

Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In The home equity investment is a new concept for many homeowners and is still small compared to the size of the traditional mortgage market. billion have been completed.

Finance 384

Finance Investing Real Estate Agent Real Estate 384

Inman

JULY 5, 2023

Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023.

Legal 123

Legal Brokerage Marketing Sellers 123

Housing Wire

SEPTEMBER 13, 2023

The mortgage servicing rights (MSR) market has been very active this year, with robust deal flow that is on par with last year’s record $1 trillion in trading volume and with generally good pricing for MSR packages, industry experts agree. Is it affecting the MSR market? “I

Marketing 384

Marketing Sellers Buyers Mortgage 384

Housing Wire

NOVEMBER 7, 2023

Compass surprised positively in the third quarter of 2023 by posting a number of strong results. The brokerage’s national quarterly market share grew by 26 basis points year over year, reaching 4.4% million after the brokerage paid its commissions and related expenses. Revenue decreased by 10% year over year to $1.34

Agents 342

Agents Real Estate Agent Realtors Brokerage 342

Inman

JANUARY 18, 2023

The all-online brokerage saw its growth finally slow amid a broader market contraction. CEO Glenn Sanford eyes the challenges ahead for 2023.

Brokerage 129

Brokerage Contracts Marketing Realty 129

Housing Wire

AUGUST 4, 2023

million in the first quarter of 2023 and $9.3 million in Q2 2023, according to the official statement. Amid a difficult housing market, transaction sides declined 9% to 137,199. eXp’s core North American market. The brokerage revamped its eXpert Care Desk, which provides live support to agents 24/7.

Realty 326

Realty Brokerage Agents Real Estate 326

Lamacchia Realty

MAY 19, 2023

The Real Estate Almanac by T3 Sixty has published its annual ranking of the Mega 1000 Brokerages. This comprehensive report evaluates the top 1,000 brokerages in the nation based on their annual sales volume, transaction sides, and agent count. Therefore, they feel sales volume best reflects a company’s overall strength.

Realty 66

Realty Brokerage Realtors Real Estate 66

Housing Wire

AUGUST 31, 2023

and Business MAPS Management LLC as defendants, Davis alleges that the defendants inflated key profitability metrics including company sales and profits to convince individuals to purchase Keller Williams Regions and Market Centers. In the filings, which name Keller Williams , Keller, former KW president Josh Team, Business MAPS Ltd.

Contracts 402

Contracts Brokerage Business Training 402

Housing Wire

FEBRUARY 5, 2024

One of the passions that has spanned my career in its entirety is creating exceptional experiences — for agents and their clients, our brokerage staff and anyone who interacts with our brand. 2. Make sure marketing is in your wheelhouse Of course, marketing is an essential part of most great brand experiences.

Real Estate 264

Real Estate Real Estate Agent Agents Clients 264