Housing Wire

OCTOBER 25, 2023

First Team Real Estate , the largest independent brokerage in California , left Christie’s International Real Estate , the company first told Inman on Wednesday. Additionally, the independent brokerage is enabling its agents to market luxury listings on Luxury Portfolio International , a company First Team helped create.

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Brokerage Real Estate Agent Real Estate Agents 394

Housing Wire

APRIL 24, 2024

It is unsurprising, then, that Texas has seen a boom in new real estate brokerage offices in the past five years. 1 brokerage by listing count from 2019 through 2023. The top 10 brokerages in Dallas by listing count were responsible for 12,145 listings in 2023. of the MLS listings held by these brokerages in 2019 to 7.2%

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Brokerage Realty Marketing Real Estate 380

Housing Wire

MARCH 20, 2024

Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. In the scenario where the best agents take more market share, you have to think about where those agents sit today,” Bhonsle said.

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Brokerage Agents Realtors Real Estate 447

Housing Wire

OCTOBER 24, 2023

“Anywhere led through a difficult housing market to deliver considerable profitability and achieve substantial debt reduction,” Ryan Schneider , Anywhere president and CEO said in a statement. The firm’s owned brokerage group, Anywhere Advisors , recorded a 17% annual decline in transaction sides to 71,794.

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Housing Market Marketing Brokerage Real Estate 425

Housing Wire

MARCH 24, 2023

2022 was a roller coaster year, continuing the strong pandemic and post-pandemic fueled housing market through the first half of the year. Then, in the third quarter, we saw an abrupt stop to the record-breaking housing market. 1 spot in transaction sides for the past four years. of all Realtors. Click her to register.

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Brokerage Real Estate Realty Agents 416

Housing Wire

SEPTEMBER 13, 2021

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year in the four weeks that ended Sept. Presented by: Nomis Solutions.

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Housing Market Marketing Inventory Brokerage 538

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. 186 spot on the Inc. 186 spot on the Inc.

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Brokerage Real Estate Realty Real Estate Agent 370

Housing Wire

APRIL 26, 2024

The national real estate brokerage found that the nationwide median sale price reached $420,357 in March 2024. Even as the median U.S. That’s according to a pair of reports released Thursday by Redfin. That figure was up 5% year over year and was only 3% below the peak price of $432,496 in May 2022.

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Housing Market Marketing Insurance Sellers 397

Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. Specifically, housing markets like Portland, Maine , Bay City, Mich. markets; by December 2020, prices were already up 23.6%

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Housing Market Marketing Real Estate Technology 545

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. Presented by: Axis Technical Group.

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Brokerage Real Estate Lending Mortgage 397

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.

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Brokerage Mortgage Real Estate Lending 403

Housing Wire

DECEMBER 26, 2023

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. With mortgage rates trending downward in recent weeks and economists expecting them to further recede in 2024, analysts are feeling guardedly optimistic about how the publicly traded brokerages will perform in 2024. “I

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Brokerage Mortgage Agents Bracketing 444

Housing Wire

JULY 20, 2023

Teamwork Joining a brokerage or team can be a game-changer for securing listings. By aligning yourself with a reputable brokerage or team, you gain access to a network of experienced agents who can refer business to you and provide valuable guidance.

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Housing Market Marketing Real Estate Client Relationships 369

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

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Housing Market Marketing Loan Officers Mortgage 421

Housing Wire

MAY 20, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The market is just insane,” she said. “I

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Housing Market Marketing Real Estate Agent Real Estate 401

Housing Wire

SEPTEMBER 23, 2022

You think things are bad in the housing market now? Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Probably, the housing market needs to go to a correction to get to that place.” ” Where is the housing market heading?

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Housing Market Marketing Mortgage Buyers 370

Housing Wire

JULY 12, 2021

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times reported that SoftBank -backed Better bought Trussle for a “cut-price,” one that values the mortgage brokerage at just $9 million.

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Brokerage Mortgage Loan Officers Finance 405

Inman

SEPTEMBER 6, 2023

Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes.

Brokerage 170

Brokerage Housing Market Business Marketing 170

Housing Wire

APRIL 1, 2022

Mortgage brokerage shops employed 137,300 workers in February compared to 135,700 in January. The post Latest jobs report a good sign for bonkers housing market appeared first on HousingWire. Mortgage bankers at the end of February had 290,200 employees, down 1,100 from January, according to the BLS data.

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Housing Market Construction Marketing Real Estate 409

Housing Wire

MAY 7, 2024

Redfin showcased pockets of growth in the first quarter of 2024 despite challenging housing market conditions. The brokerage posted revenue of $225.5 Redfin’s brokerage revenue hovered around $125 million, up 5% from a year ago. Our brokerage sales initiatives are working,” Kelman said in a statement.

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Marketing Brokerage Advertising Agents 375

Inman

FEBRUARY 15, 2024

The real estate brokerage and franchisor posted $5.6 billion in revenue during a grueling 2023 while losses improved to $97 million, according to a full-year earnings call on Thursday morning.

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Housing Market Brokerage Real Estate Marketing 155

Housing Wire

MAY 2, 2024

While revenue rose at eXp World Holdings during the first quarter of 2024, the firm was still unable to turn a profit due to the challenging housing market. Sanford indicated that eXp may be among the last of the large brokerages yet to settle and is not currently in discussions for a settlement. million in Q1 2023.

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Realty Brokerage Agents Real Estate 370

Housing Wire

APRIL 17, 2024

This stabilization is possibly linked to a resurgence in property sales, hinting at a more buoyant housing market ahead. Moreover, the AMI reveals an upward trend in agents switching between brokerages, though the expected peak for March fell short of previous highs, the overall trend continues generally upward.

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Real Estate Agent Real Estate Agents Brokerage 413

Housing Wire

AUGUST 7, 2020

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 reported total revenue in Q2 of $52.2 “The U.S.

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Brokerage Training Agents Technology 384

Housing Wire

JANUARY 8, 2024

The battle among big brokerages for top agents continues in Texas, where eXp Realty added two top teams last week. However, they retained their licenses with their namesake brokerage. Brokerages are always incentivized to hire high-performing teams and individuals to offset the general dwindling of transactions.

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Realty Brokerage Real Estate Agents 417

Housing Wire

JANUARY 4, 2024

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive. Treble damages could result in the NAR and brokerages paying roughly $5.36

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Brokerage Real Estate Training Buyers 409

Housing Wire

APRIL 25, 2024

Anywhere Real Estate felt the brunt of the challenging housing market again in the first quarter of 2024 as the company reported a loss of $101 million during the three-month period. This is the seasonally slow part of the year and we are in a very difficult housing market with a record-low level of unit sales.”

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Housing Market Realty Brokerage Technology 384

Housing Wire

NOVEMBER 28, 2023

The ongoing housing market decline, which saw existing-home sales fall 36% in 2022 alone (on a seasonally adjusted annual basis) and 41% overall to September’s low, is the sharpest (though not the deepest) in the history of this industry. As such, it certainly feels like that pendulum is a labrys slicing through our brokerage firms.

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Real Estate Brokerage Advertising Housing Market 408

Inman

JANUARY 26, 2024

With listings still in short supply, homebuyers are "dealing with an affordability shock" and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY.

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Housing Market Marketing Construction Inventory 169

Housing Wire

MAY 14, 2024

We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. It noted the upcoming changes to agent commission structures following the nationwide settlement by the National Association of Realtors (NAR) and several major brokerage firms.

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Real Estate Agent Agents Real Estate Buyers 466

Housing Wire

OCTOBER 5, 2023

The real estate market in China, both commercial and residential, have been unwinding over the last few years. Like a slow-motion train wreck at first, it is now definitively off the rails and heading over a cliff. Following a pattern eerily similar to the U.S. in 2008 and 2009.

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Real Estate Housing Market Marketing Investors 423

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.

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Real Estate Brokerage Training Agents 385

Inman

SEPTEMBER 18, 2023

Join Inman Access and tune in to today's video class featuring Matthew Gardner as he provides an informative forecast on the fall housing market and what to expect in the coming months.

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Housing Market Marketing Real Estate Brokerage 152

Housing Wire

OCTOBER 3, 2023

Empowering the nearly 90,000 trusted eXp Realty agents at America’s largest independent brokerage with on-demand, integrated access to an Opendoor cash offer will empower their millions of clients,” Nick Boniakowski, Opendoor’s head of agent partnerships, said in a statement.

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Realty Brokerage Agents Clients 420

Housing Wire

APRIL 1, 2024

“By welcoming the New Hampshire Association of Realtors, we’re continuing to stand by our vision to break down silos and give industry leaders the full picture through proprietary housing data and research.” Because housing is too important for narrow perspectives and missed connections.

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Realtors Brokerage Tools Inventory 410

Housing Wire

MARCH 4, 2024

In our dedication to providing the full picture to housing professionals across the U.S. housing market, HousingWire has partnered with Illinois Realtors , bringing exclusive news, market data and housing research to the 50,000 Illinois Realtors that power the state’s real estate market.

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Realtors Real Estate Housing Market Brokerage 408

Real Estate News

MAY 11, 2023

million, attributing the drop to the housing market downturn. Bridgemarq Real Estate Services reported a net loss of $4.7

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Brokerage Real Estate Housing Market Marketing 186