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. Homebuilders Homebuilder business dynamics were bright in 2021 , accelerating a trend that began before the pandemic.

Landlords 356

Landlords Agents Brokerage Supply Chain 356

Housing Wire

FEBRUARY 12, 2024

Roughly 10 months since first expanding into Florida , Ryan Serhant’s eponymous brokerage is expanding into its third market in the state. Previously, the brokerage only operated in the Miami and Palm Beach County markets. “We we’ve found much more than just a brokerage,” Mark Raumaker said in a statement. s first in Orlando.

Real Estate 378

Real Estate Marketing Brokerage Realty 378

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 346

Buyers Contracts Agents Realtors 346

Real Estate News

JULY 2, 2023

Facing a contraction of his brokerage business, J. Philip Faranda made a previously "unthinkable" decision. Now he wishes he had done it sooner.

Brokerage 254

Brokerage Contracts Business 254

Housing Wire

APRIL 22, 2024

Eventually, this person ended up working for his company and was the first to ask about ChatGPT’s use in the business. That has had the biggest streamlining impact on his business and has allowed the company to hire more agents. “It Different use cases Each panelist comes to the AI discussion from a different angle.

Real Estate 349

Real Estate Tools Brokerage Technology 349

Housing Wire

APRIL 30, 2024

As the July deadline for the implementation of the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement approaches, the trade organization is looking to iron out some details about buyer broker agreements.

Buyers 450

Buyers Open Houses Sellers Agents 450

Housing Wire

JUNE 6, 2023

The settlement, reached on June 5, dismissed the lawsuit with prejudice, requiring Mid Valley to pay $40,000 to UWM, as the brokerage firm acknowledges that it sent loans to Rocket and/or Fairway after the ultimatum was in effect. UWM complained in the lawsuit that it provides brokers “considerable resources” to grow their businesses.

Brokerage 318

Brokerage Contracts Legal Business 318

Housing Wire

JANUARY 29, 2024

The lawsuit states that Atlantic Trust signed a wholesale broker agreement with UWM in January 2018 but agreed to amend the contract to add the “All-In Initiative” in December 2022. Therefore, we will follow the agreed upon contract and win damages.” UWM sued Kevron Investments Inc. The cases are still in progress.

Contracts 414

Contracts Loan Officers Lending Retail 414

Housing Wire

NOVEMBER 3, 2023

Chip Stella, a LandVest broker, is in the camp that believes brokerage provisions no longer requiring NAR membership will have an impact on membership numbers, but he isn’t sure how large it will be. It is a sales business,” Stella said. “If Maintaining MLS access is important if you want to still serve your clients,” Stella said.

Realtors 399

Realtors Agents Brokerage Contracts 399

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

Agents 296

Agents Brokerage Real Estate Tools 296

Housing Wire

OCTOBER 10, 2023

High-producing agents and teams are in high demand in a contracting market , and Waugh said he doesn’t take a one-size fits all approach to recruiting. ” He added that the industry is “evolving at lightspeed and there’s obviously a lot of different business models. .

Real Estate 414

Real Estate Brokerage Agents Law 414

Housing Wire

FEBRUARY 27, 2024

Due to how HomeServices and its affiliates handle their client contracts, if a dispute arises, each client is entitled to individual arbitration of their claims. who sold a house on an MLS and used an agent from one of the brokerage defendants between Dec. In the Umpa suit — which is seeking class-action status for everyone in the U.S.

Realty 355

Realty Real Estate Law Brokerage 355

Housing Wire

AUGUST 31, 2023

In the filings, which name Keller Williams , Keller, former KW president Josh Team, Business MAPS Ltd. 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.

Contracts 397

Contracts Brokerage Business Training 397

Housing Wire

MAY 3, 2021

Filed last week in California state courts, the lawsuit is the latest legal drama involving Compass, the New York City-headquartered residential brokerage. The couple allege that the brokerage lured them in 2018 with the promise of a signing bonus, marketing budget, and office space. The second-largest brokerage in the U.S.

Agents 393

Agents Brokerage Real Estate Agent Real Estate 393

Housing Wire

FEBRUARY 28, 2024

If you’re struggling to market your business on social media, or worse, haven’t even started yet, you might be in for a rude awakening in 2024. PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts. His SERHANT.

Real Estate 399

Real Estate Marketing Tools Contracts 399

Housing Wire

MARCH 15, 2024

Getting referrals and cozying up to the sell side Mike Kortas, CEO at NEXA Mortgage , sent a clear message to the over 2,300 mortgage LOs at his mortgage brokerage: “Keep your eyes open, keep your ears open, listen for opportunities that are going to present themselves, and be ready to assist more buyers.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

MARCH 22, 2024

Bills Clarke said this is exactly how agents already work with sellers, so it shouldn’t be a big deal to implement buyer agreements into a business. “We But the Washington state contracts come with the option to make the relationship exclusive or nonexclusive. As of Jan.

Buyers 460

Buyers Contracts Real Estate Agents 460

Housing Wire

FEBRUARY 25, 2022

The Pontiac-based wholesale lender filed two lawsuits on Wednesday in Michigan federal court accusing broker partners of breach of contract for originating mortgages to its competitors. The disputes involve Californian brokerage shops Kevron Investments Inc. and Mid Valley Funding & Inv. Inc and a request of $420,000 in damages. .

Contracts 367

Contracts Brokerage Investing Mortgage 367

Housing Wire

NOVEMBER 15, 2023

In a letter sent to a broker parter that HousingWire reviewed, Citizens said the contract has been terminated according to the terms of the agreement after the close of business on Wednesday. Kevin Leibowitz, CEO of Grayton Mortgage , said his brokerage had signed up with Citizens in anticipation of them opening up in New York.

Retail 401

Retail Mortgage Brokerage Contracts 401

Housing Wire

JANUARY 12, 2024

As your real estate business expands, nurturing your growing client base inevitably leads to a need for improved communication. Below, we take a deep dive into the best real estate CRM solutions for solo agents, teams and brokerages. What’s the secret to nurturing leads and turning them into loyal clients?

Real Estate 407

Real Estate Real Estate Agent Tools Agents 407

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. Pausing new contracts will enable us to focus on sellers already under contract with us and our current home inventory.”.

Renovations 381

Renovations Real Estate Construction Contracts 381

Housing Wire

APRIL 20, 2022

In their place are slick videos, glossy Instagram marketing photos and digital business cards. “I million – brokerages have become less focused on attracting new agents into the industry and instead more focused on increasing the productivity of the agents they have. Just how we do contracts now is so much faster.

Real Estate Agent 372

Real Estate Agent Real Estate Agents Brokerage 372

Housing Wire

AUGUST 17, 2023

The first thing we go through when I work with real estate brokerages — whether it’s in helping them to streamline their technology or to prepare for sale — is their financials. When times are good, most owners will say that they don’t have the time because there’s so much new business coming in the door.

Real Estate 258

Real Estate Contracts Tools Training 258

Miller Samuel

MAY 4, 2019

Perhaps the most famous representation of the super-luxury market has been "Billionaires Row" centered on 57th Street in the heart of Manhattan's central business district in Midtown Manhattan. The result was really no surprise to anyone in the real estate business but because it was concentrated in one place, the story went viral.

Contracts 243

Contracts Brokerage Development Real Estate 243

Housing Wire

NOVEMBER 3, 2023

Because the larger brokerage firms, historically, tend to represent more buy side than sell side, they “may be looking at a big loss of revenue,” says Murray. ” So, he recommends brokerages “manage their companies away from a sales office-based culture.” “He got up to 20% to 30%, as I recall.”

Real Estate 292

Real Estate Brokerage Buyers Property Management 292

Housing Wire

NOVEMBER 2, 2023

The program aims to provide real estate professionals with exposure on the Zillow platform, offering access to a wide range of features, tools and resources to generate leads and grow their businesses. It allows agents, teams, and brokerages to purchase targeted display ads in chosen ZIP codes, putting them among the top agents on Zillow.

Real Estate 347

Real Estate Real Estate Agent Tools Agents 347

Housing Wire

NOVEMBER 16, 2023

The firm confirms actual financial and operational details of these businesses and assemble the data in useful benchmark studies to help their clients assess how effectively they are operating. Despite the anticipated reconfiguration in revenue streams—with a notable contraction in the number of teams closing between $800,000 to $1.5M

Real Estate 314

Real Estate Business Brokerage Agents 314

Housing Wire

NOVEMBER 16, 2023

For me, running a brokerage , handling complex real estate deals, negotiating contracts and navigating the dynamic landscape of high-stakes transactions are all in a day’s work. In dance, business and life, it all holds true: Success is often born out of resilience and the ability to bounce back from setbacks.

Real Estate 365

Real Estate Brokerage Real Estate Agent Agents 365

Housing Wire

JULY 20, 2023

The firm confirms actual financial and operational details of these businesses and assemble the data in useful benchmark studies to help their clients assess how effectively they are operating. This is extremely valuable information, not only for teams but also for the brokerage firms with whom they are affiliated.

Real Estate 258

Real Estate Brokerage Agents Business 258

Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. Exclusivity: No Trial period: No Contract requirements: Annual contract required SmartZip is a lead generation, marketing and CRM solution founded in 2008.

Advertising 355

Advertising Real Estate Tools Sellers 355

Housing Wire

DECEMBER 6, 2023

Notable features Salesforce-based CRM integration Lead capture tools with email collection Lead scoring tool for prioritizing clients Market Leader Starting at $139 per month Visit Website Who it’s for Market Leader is ideal for agents and brokerages aiming to enhance their lead generation and client management through a streamlined platform.

Real Estate 357

Real Estate Agents Real Estate Agent Tools 357

Listing Spark

FEBRUARY 12, 2024

Strategic property investors look at both the liabilities and assets columns when they’re assessing their business processes. Another tactic is to assess how much value your brokerage is bringing to the table and what another brokerage can do better.

Brokerage 36

Brokerage Investors Investing Real Estate 36

Housing Wire

FEBRUARY 4, 2022

United Wholesale Mortgage (UWM) is making good on its threat to take legal action against partnering broker shops that also send business to Rocket Mortgage and Fairway Independent Mortgage , a violation of the wholesaler’s controversial broker agreement. million for repeatedly violating the terms of the agreement.

Legal 370

Legal Contracts Business Mortgage 370

Housing Wire

DECEMBER 15, 2023

The publication continued these efforts on Friday, publishing an article examining sexual assault allegations at national brokerage firm eXp Realty. The lawsuit focuses on eXp’s agent recruitment-heavy business model. Both Bjorkman and Golden were on the Revenue Share “upline” of the four female plaintiffs, the lawsuit claims.

Agents 413

Agents Real Estate Agent Realty Real Estate 413

Housing Wire

JANUARY 10, 2024

If a trial period is essential, consider alternatives like Placester , which offers a 30-day free trial.

Real Estate 324

Real Estate Real Estate Agent Tools Agents 324

Housing Wire

NOVEMBER 29, 2021

MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process. The process for reviewing pre-closing title data and documents is currently not standardized, meaning that it can differ from brokerage to brokerage or even agent to agent.

Insurance 305

Insurance Real Estate Agent Brokerage Agents 305

Housing Wire

DECEMBER 29, 2023

Just like you should be wrapping up your business and closing out your books before the last day of the year, you also need to wipe the slate clean so that you can jump in and move forward with fresh goals, new clients and an uncluttered mindset. Yes, you heard that right. Happy New Year!

Brokerage 338

Brokerage Real Estate Contracts Business 338