Opendoor launches… a brokerage?

Housing Wire

The line between traditional iBuyer and brokerage is getting ever-so-blurry for venture-backed startup Opendoor. You will be able to service more buyers and sellers every year by being able to offer products no other brokerage can.”.

Fast-growing brokerage Side enters NYC

Housing Wire

The real estate brokerage has not announced agent hires, but it has tapped a managing broker for the state in John Wollberg. Prior to that, Wollberg spent 12 years as managing director of another Park Avenue-located brokerage, Halstead Real Estate , according to his LinkedIn page.

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Can real estate brokerages survive without mortgage?

Housing Wire

Real estate brokerages can survive, but only if they seriously invest in mortgage. So said members of a panel Tuesday on the evolution of the real estate brokerage during HousingWire Annual in Frisco, Texas. The post Can real estate brokerages survive without mortgage?

Rocket announces discount real estate brokerage

Housing Wire

Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. The post Rocket announces discount real estate brokerage appeared first on HousingWire. Rocket Homes has plans to start iBuying – and discount real estate.

Inside Look: RealTrends 2021 Brokerage Compensation Study

Housing Wire

The following Q&A comes from the HW+ exclusive Slack channel, where Steve Murray, senior advisor to RealTrends , and Tracey Velt, RealTrends editorial, as they give an exclusive first look at the 2021 RealTrends Brokerage Compensation Report.

Real estate brokerages embrace long-term remote work

Housing Wire

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 Broadmoor Hotel in Colorado Springs, Colorado.

Why brokerages and mortgage lenders are rushing into JVs

Housing Wire

In July, Dunn and Strei’s real estate brokerage eXp declared that it had formed a mortgage partnership, or joint venture, with the mortgage lender, Kind Lending. The post Why brokerages and mortgage lenders are rushing into JVs appeared first on HousingWire.

Warren Buffett’s boring, dominant resi brokerage

Housing Wire

But while Blefari has a clearly defined personality, the residential real estate brokerage he runs doesn’t. The post Warren Buffett’s boring, dominant resi brokerage appeared first on HousingWire. Gino Blefari, Berkshire Hathaway HomeServices of America CEO and chairman.

RealTrends 500: Keller Williams brokerages take 6 of the top 10 spots in 5-year movers

Housing Wire

The 2022 RealTrends 500 brokerage companies are breaking records. RealTrends has been the undisputed leader in the ranking of real estate brokerage firms, agents and teams. Agents/Brokers Brokerage Real Estate EXP Realty hwmember Keller Williams Realty RE/MAX Precision RealTrends 500

Real estate brokerages: Tech won’t ruin us

Housing Wire

So began one of the more compelling panels at RealTrends’ “Gathering of Eagles” conference in Colorado Springs – “Intersection of tech and brokerage.”. Brokerages largely waved the white flag in building competing home listings sites.

HomeSmart snares prominent Atlanta brokerage

Housing Wire

Growing real estate brokerage firm HomeSmart announced Wednesday that it bought PalmerHouse Properties , an Atlanta-headquartered brokerage that has about 2,000 agents. How to Diversify Your Brokerage to Weather Economic Hardship. brokerages.

White-label brokerage Side achieves unicorn status

Housing Wire

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.

These brokerages topped the RealTrends 500 in 2020

Housing Wire

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual RealTrends 500 ranking. Top independent brokerage Howard Hanna/Allen Tate was involved in 105,455 transaction sides last year, good for $26.7

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. RealTrends Brokerage Compensation Report. When compared to brokerages, teams surveyed averaged $6.4 The largest brokerage firms averaged 7.4.

Keller Williams, and brokerage’s diversity shortcomings

Housing Wire

King also replaces a white man, the abruptly departed Josh Team, and reports to another white man, Carl Liebert, the CEO of the brokerage’s holding company, KWx. These moves were orchestrated by another Caucasian male, Gary Keller, the brokerage’s co-founder and executive chairman.

Insurance brokerage Acrisure buys Tempo Title

Housing Wire

The fastest growing brokerage in insurance industry history, Acrisure , announced Wednesday that it has acquired title insurance and settlement service provider Tempo Title , marking its entrance into the real estate services business.

Breakout: The Evolution of the Real Estate Brokerage

Housing Wire

The consolidation of real estate brokerage and mortgage services continues as both seek out ways to combine services to offer more to consumers. Real estate brokerages have long added core services to increase profitability. Now, mortgage firms such as Rocket and Better are adding real estate brokerage services. In this panel, we talk to real estate brokerage leaders about this evolution, competition from the mortgage side and what the industry will look like going forward.

United RE Q2 explosive growth driven by tech, low-fee+ brokerage model

Housing Wire

In the past, when brokers thought about low-fee brokerage firms, they thought of low service. But, make no mistake, they are not a traditional brokerage model. ” Duffy says the company’s Bullseye Agent and Brokerage Productivity Platform is a true cloud-based system.

Better.com to acquire UK-based digital mortgage brokerage

Housing Wire

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. since early 2020, with plans to usurp the traditional mortgage brokerages that dominate the U.K.’s

Howard Hanna acquires New York brokerage Rand Realty

Housing Wire

Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty , giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City.

Realty 354

How this real estate brokerage’s unique model generates more profit for agents

Housing Wire

For the well-prepared real estate brokerages, this holds a promising future. The fusion of technology, quick sales and incredible demand from the public have created a tsunami of discount-based brokerages trying to fill that public demand. If a volume-based discount brokerage cannot do all of these things, it may fail due to an inability to retain or recruit agents, lack of profitability, and poor customer service ratings. .

These brokerages topped the Real Trends 500 in 2020

Housing Wire

reigned supreme as the largest residential brokerage in America by transaction sides last year , according to the latest annual ranking by Real Trends. Top independent brokerage Howard Hanna/Allen Tate was involved in 105,455 transaction sides last year, good for $26.7

Brokerage uses VR to get consumers inside houses that haven’t been built yet

Housing Wire

based brokerage, announced last week the launch of its custom real estate listing system, PROJETO. The post Brokerage uses VR to get consumers inside houses that haven’t been built yet appeared first on HousingWire. Urban District Realty , a Washington, D.C.-based

Side’s Hilary Saunders: An inside look at the alternative brokerage model

Housing Wire

The post Side’s Hilary Saunders: An inside look at the alternative brokerage model appeared first on HousingWire. It was a sunny and extremely humid Thursday morning.

Stacking the deck: Does choosing the right technology stack give your brokerage a competitive edge?

Housing Wire

And, of course, the brokerage down the street is already a customer (you’re told), so to remain competitive you need to buy it too. HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector.

How did brokerage giants RE/MAX and Keller Williams fare in the second quarter?

Housing Wire

Brokerage giants RE/MAX and Keller Williams announced second-quarter numbers Friday, reflecting a business environment that had its share of ups and downs as a result of COVID-19. The post How did brokerage giants RE/MAX and Keller Williams fare in the second quarter?

RE/MAX Gold Nation’s James O’Bryon on growing a top real estate brokerage

Housing Wire

JO James O’Bryon: Historically, a brokerage in our industry was a single woman or a single man on an island attempting to drive a company. The post RE/MAX Gold Nation’s James O’Bryon on growing a top real estate brokerage appeared first on HousingWire.

Final days to showcase top-performing brokerages

Mortgagebroker News

5-Star Brokerages entries close this week

Top Brokerages 2021

Mortgagebroker News

CMP celebrates 38 brokerages that have established themselves as the finest in the Canadian mortgage industry

Agent education: What should brokerages be focusing on?

Mortgagebroker News

Broker-owner on what Ontario brokerages should be keeping in mind when training new agents

Cardinals of a different feather: Inside Samson Properties’ unique model

Housing Wire

Samson is the CEO of Samson Properties , a rapidly growing Northern Virginia-based brokerage. Samson has a different business model and branding than Compass, but both brokerages identify as “agent-centric.”. Now, generally speaking, for brokerages this is really good.

RealTrends 500: Top 5-year movers by transaction sides see big brands on top

Housing Wire

The 2022 RealTrends 500 brokerage companies are gaining market share an historic rates. Hanna Holdings (4), the largest independent in the top five saw an increase of 33,538 sides, and Realogy Brokerage Group was No.

RealTrends 500: eXp, Compass lead in one-year movers by closed sides

Housing Wire

Rounding out the top five are HomeServices of America (+44,878), Realogy Brokerage Group (+43,155) and United Real Estate (+21,548). RealTrends has been the undisputed leader in the ranking of real estate brokerage firms, agents and teams.

RealTrends 500: Compass, eXp take top honors in 5-year movers by sales volume

Housing Wire

Compass once again comes out on top in the 2022 RealTrends 500 brokerage rankings , with a $237 billion increase in sales volume over the last five years — 2017-2021, ranking No. RealTrends has been the undisputed leader in the ranking of real estate brokerage firms, agents and teams.

Building a better brokerage

Mortgagebroker News

Christine Xu, president and owner of MoneyBroker Canada, tells CMP about her eventful career in mortgages – and some of the unique factors that give her boutique alternative brokerage its edge

FSRA warns of unlicensed brokerage in Ontario

Mortgagebroker News

None of the brokerage's channels have been approved by regulators

Lamacchia Realty Ranked #1 Independent Brokerage in Hudson for 2021

Lamacchia Realty

With less than two years under its belt, we are proud to share that our Hudson branch office was the #1 Independent Real Estate Brokerage and Office in Hudson for Closed Sales Dollar Volume and Transaction market share in 2021*. 2022 Company Announcements #1 Hudson independent brokerage

RealTrends 500: Keller Williams and RE/MAX offices tops in percentage transaction sides

Housing Wire

RealTrends has been the undisputed leader in the ranking of real estate brokerage firms, agents and teams. Agents/Brokers Brokerage Real Estate hwmember Keller Williams LoKation Real Estate Parks Village Pilkerton Real Estate RE/MAX RealTrends 500 RealTrends brokerage rankings

Lamacchia Realty Ranked #1 Brokerage in Leominster for 2021

Lamacchia Realty

We are proud to share that Lamacchia Realty is the #1 Real Estate Brokerage for Closed Sales Dollar Volume market share in Leominster in 2021. The post Lamacchia Realty Ranked #1 Brokerage in Leominster for 2021 appeared first on Lamacchia Realty.

RealTrends 500: Compass, Realogy lead top one-year movers by sales volume

Housing Wire

Next was Realogy Brokerage Group , which consists of company-owned Coldwell Banker , Sotheby’s International and Corcoran offices, with a $61+ billion increase year over years. RealTrends has been the undisputed leader in the ranking of real estate brokerage firms, agents and teams.