Housing Wire

MARCH 17, 2025

This cycle of ascent and decline is also evident in the residential brokerage industry. The same can be said for many regional and local brokerage firms that were once dominant but have since lost ground. Today, eXp faces pressure from a wave of low-cost, virtual brokerage firms.

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Brokerage Real Estate Realty Agents 350

Housing Wire

OCTOBER 28, 2024

The New York Times reported that Richard Ferrari, who previously managed Douglas Elliman’s brokerage sales and operations in New York and the Northeast, has been named CEO of Douglas Elliman Realty. He was named CEO in 2021 after being selected by Lorber and Dottie Herman, Elliman’s previous CEO.

Brokerage 434

Brokerage Realty Contracts Investors 434

Housing Wire

JANUARY 29, 2025

The use of artificial intelligence (AI) is becoming the new norm for many real estate agents and brokerages. Delta’s annual real estate leadership survey explores insights from brokerage leaders on AI, marketing technology and forward-thinking insights. Delta Media considered these brokerages to be “medium to large.”

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Brokerage Real Estate Agent Real Estate Agents 329

Housing Wire

APRIL 1, 2025

By contrast, legacy brokerages did not perform nearly as well. And among privately held brokerages, the one executing most effectively on what Compass is proving in the public markets is SERHANT. to become the first screenless brokerage. In Q4, the company reported a revenue increase of 26% year over year, reaching $1.4

Real Estate 337

Real Estate Brokerage Real Estate Agent Technology 337

Housing Wire

MARCH 6, 2025

The stagnant housing market has brokerages across the country on their knees, but The Real Brokerage isnt waiting for market conditions to improve to grow its business. Another factor is Reals private-label program, which launched in 2024 and allows brokerage affiliates to keep their branding.

Brokerage 370

Brokerage Agents Loan Officers Business 370

Housing Wire

JANUARY 27, 2025

The duo explore the current state of mergers and acquisitions, team-based brokerage models, commission compression, and growth opportunities for agents and brokers. What we’ve seen mainly is the activity is now at the local level between local brokerage companies. Why can teams make it work so much better than a brokerage?

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Brokerage Agents Valuation Real Estate 360

Housing Wire

DECEMBER 4, 2024

While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year.

Brokerage 397

Brokerage Agents Technology Clients 397

Housing Wire

FEBRUARY 20, 2025

The brokerage has acquired Washington Fine Properties (WFP), a luxury real estate brokerage located in the Washington, D.C., According to WFP, the brokerage has the highest average sales volume per agent and the highest average sale price in the areas where it operates. Compass has added to its roster in the nations capital.

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Brokerage Agents Clients Real Estate 350

Housing Wire

JANUARY 29, 2025

The lawsuit contains the same allegations as other commission lawsuits, accusing the real estate brokerage and MLS defendants of colluding to artificially inflate real estate agent commissions. Prior to the Keel suit, Side was notably one of the few major brokerages left that had not settled the commission lawsuits.

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Brokerage Real Estate Real Estate Agent Agents 310

Housing Wire

DECEMBER 5, 2024

Processing is a big piece of what brokerages care about, so we have a copilot that we’re getting feedback on and plan to have six or seven copilots that will launch next year. We’ve trained our AI models to be extremely specific to help agents, brokerages and end customers as well. SW: Tell me more about your background.

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Brokerage Training Real Estate Agents 370

Housing Wire

DECEMBER 6, 2024

The Masiello copycat commission lawsuit plaintiff and Realty ONE Group Arizona have filed a joint motion to dismiss the brokerage defendant from the suit with prejudice. The motion was filed on Thursday in U.S. District Court in Phoenix. and Tierra Antigua Realty.

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Realty Brokerage Realtors Real Estate 397

Housing Wire

JANUARY 21, 2025

The moment felt surreal and inspiring for Chris Trapani and Ryan Iwanaga, co-founders of the Christie’s International Real Estate Sereno brokerage, as they repurchased their independence from @properties. Beyond that, the brokerage will now be the exclusive representative of Christie’s International Real Estate in the Bay Area.

Brokerage 370

Brokerage Real Estate Agents Realty 370

Housing Wire

MARCH 12, 2025

One of the nation’s fastest-growing real estate brokerages announced a pending leadership change on Wednesday. Sharran Srivatsaa , president of The Real Brokerage , will be transitioning from his current role to the company’s board of directors effective June 1. Its volume soared from $14.4 billion to $21.2

Brokerage 344

Brokerage Agents Real Estate Loan Officers 344

Housing Wire

NOVEMBER 1, 2024

Michele Harrington: After entering real estate sales right out of the Marine Corps , I built my own brokerage. The duo start the conversation by exploring Harrington’s path into the CEO’s role at FirstTeam. Six years ago, my whole company came over to FirstTeam. Over time, I became chief operating officer.

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Brokerage Real Estate Real Estate Agent Agents 395

Housing Wire

APRIL 8, 2025

While many brokerage leaders experiment with reimagined commission models and marginal tweaks, The Real Brokerage is playing a different game altogether. Only three years ago, The Real Brokerage was ranked for the first time on the RealTrends Verified Brokerage Rankings. Were going deep into pure tech innovation.

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Brokerage Technology Agents Clients 284

Housing Wire

APRIL 16, 2025

The new office, located in Newport Beach, California, includes 11 agents who joined from other brokerages , and it will be led by Christi Carrillo. Carrillo, who most recently worked at a Newport Beach boutique brokerage, said she views the expansion as an opportunity to tap a broader network of referrals.

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Brokerage Clients Real Estate Agents 214

Housing Wire

APRIL 22, 2025

As MLSs across the country work to implement the National Association of Realtors (NAR) Multiple Listing Options for Sellers (MLOS) policy, brokerages and some Realtor associations are busy creating the new disclosures needed for delayed marketing exempt listings. Thats not informed consent its manufactured consent.

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Brokerage Sellers Realty Advertising 214

Housing Wire

MARCH 17, 2025

According to the complaint, Newhart and the other defendants transferred “things of value,” specifically underpriced, nonvoting stock in Newhart-owned mortgage brokerages to real estate agents and brokers, who in return referred their clients back to the Newhart-owner mortgage brokerages.

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Brokerage Government Mortgage Real Estate 281

Housing Wire

OCTOBER 28, 2024

In an environment where technology is increasingly becoming a recruitment tool for brokerages, eXp Realty has partnered with a data provider in an effort to give its agents an advantage over the competition. This strategic relationship allows us to extend these successful strategies to all our agents and teams at no additional cost.”

Realty 433

Realty Agents Brokerage Tools 433

Housing Wire

DECEMBER 2, 2024

Ryan Serhant ’s eponymous brokerage has been in rapid growth mode this year following the success of the Netflix show “Owning Manhattan,” and now investors want in on the action. Technologies, the umbrella company that includes the brokerage — will be used to develop the company’s AI platform known as S.MPLE.

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Development Brokerage Technology Real Estate 418

Housing Wire

MARCH 18, 2025

At the same time, agent counts at other publicly traded companies have exploded, with The Real Brokerage (+1,173%), Fathom Realty (+136.6%), Compass (+78.8%) and eXp Realty (+64.9%) leading the way. This dynamic makes many consumers willing to pay for a full-service brokerage, if for no other reason than to reduce their anxiety.

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Brokerage Agents Housing Market Real Estate 418

Housing Wire

DECEMBER 12, 2024

Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE). Co-owners Gloria Grimshaw and David Callahan acquired the brokerage from founder Lucille Jordan in 2007.

Real Estate 369

Real Estate Brokerage Agents Realty 369

Housing Wire

APRIL 16, 2025

Owning a real estate brokerage may seem like a lucrative business, but in reality, many brokers struggle to turn a profit. High overhead costs One of the biggest obstacles broker-owners face is the high cost of running a brokerage. Well break down the key reasons why most broker-owners dont see the financial success they anticipated.

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Brokerage Real Estate Legal Fees Agents 332

Housing Wire

JANUARY 6, 2025

According to the announcement, Chris will be tasked with providing strategic counsel on strengthening relationships, building trust and enhancing collaboration with brokerage leaders. NAR said this outreach will focus on creating an open dialogue with brokerage leaders and finding more opportunities to better support NAR members.

Real Estate 458

Real Estate Brokerage Realtors Realty 458

Housing Wire

DECEMBER 27, 2024

Whether youre running a large brokerage, managing a small team or working on your own, the right transaction management platform can take the worry out of compliance and lighten your workload. From managing compliance to automating commission disbursements, its built to grow with your brokerage.

Real Estate 397

Real Estate Brokerage Contracts Tools 397

Housing Wire

OCTOBER 22, 2024

The Real Brokerage is keeping attendees of RISE, its third annual agent conference, on their toes. Additionally, the brokerage said it expects that Real Wallet users will have the opportunity to earn promotional rewards points that are redeemable toward reduced brokerage and transaction fees.

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Agents Brokerage Design Clients 435

Housing Wire

NOVEMBER 4, 2024

The Real Brokerage ‘s expansion trend has continued with another major acquisition. The digital brokerage platform announced on Monday the addition of Amerivest Realty , a Florida-based brokerage, adding 400 agents across Florida , Colorado , Minnesota and Wisconsin to Real’s platform.

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Realty Agents Brokerage Tools 397

Housing Wire

MARCH 19, 2025

United Real Estate Richmond is the largest Black-owned real estate brokerage in America, founded by brothers John S Finn Jr. Virginia-based River City Blues Realty has merged with United Real Estate Richmond to form RVA Blue Realty , according to an announcement on Wednesday. and Jeffrey S Finn.

Real Estate 214

Real Estate Realty Brokerage Clients 214

Housing Wire

OCTOBER 11, 2024

Brokerages are scrambling to adapt to the post-settlement landscape of real estate, and more of them are turning to the same method for growing their headcount — acquiring new teams. The addition of teams is an efficient way for major brokerages to bolster agent counts and boost sales volumes on their income statements.

Real Estate 448

Real Estate Brokerage Legal Agents 448

Housing Wire

APRIL 11, 2025

Without these mechanisms, we believe more listings will end up off-MLS across brokerages, the letter states. A MLS participants ability to display another brokerages listings on its own VOW site stems from a 2008 settlement between the Department of Justice and NAR.

Brokerage 362

Brokerage Sellers Legal Real Estate 362

Housing Wire

APRIL 15, 2025

FirstTeam , an independent real estate brokerage based in Southern California , has begun its national expansion by opening new offices in Idaho and Washington , with plans to establish operations in Arizona , Nevada , and Oregon. brokerages and is a founding member of Leading Real Estate Companies of the World.

Agents 370

Agents Brokerage Real Estate Realtors 370

Housing Wire

DECEMBER 17, 2024

Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners , that seeks to prevent them from dissipating, hiding or moving collateral for a loan that Side claims the brothers have defaulted on.

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Legal Fees Brokerage Real Estate Legal 416

Housing Wire

JANUARY 9, 2025

The Hooper commission lawsuit plaintiffs and the brokerage defendants that have reached proposed settlement agreements are looking to make things official. The four brokerages have agreed to business practice changes, as well as total payments of $44.05

Brokerage 418

Brokerage Real Estate Sellers Development 418

Housing Wire

JANUARY 22, 2025

The Housing Rights Initiative (HRI) is taking aim at 165 real estate agents, brokerage firms and landlords in its latest series of lawsuits filed in Chicago. Defendants in the suit include major brokerage companies such as Coldwell Banker , Christies International Real Estate , Keller Williams and Berkshire Hathaway Home Services Chicago.

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Landlords Brokerage Training Real Estate 418

Housing Wire

OCTOBER 17, 2024

In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). JA: With agent commissions poised to drop, a recent study showed that many brokerages would not be profitable at lower rates.

Real Estate 459

Real Estate Brokerage Agents Real Estate Agent 459

Housing Wire

FEBRUARY 25, 2025

Chicago-based Maverick Systems is rapidly expanding its real estate data analytics platform nationwide, offering brokerages a new tool in the competitive landscape for experienced agents. This detailed data allows brokerages to identify high-value recruitment opportunities, anticipate agent churn and ultimately improve profitability.

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Agents Brokerage Real Estate Agent Real Estate 384

Housing Wire

MARCH 31, 2025

Haag, in communication with NWMLS employees, said that real estate brokerage firms in Washington state, as members of NWMLS, have agreed to share all property listings with the entire brokerage community and the public for more than 40 years. Northwest MLS has declined to adopt those misguided, exclusionary rules.

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Clients Brokerage Real Estate Sellers 329