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What went wrong at Redfin?

Housing Wire

Launched in 2004, Redfin was named after the companys mission to redefine the real estate industry. 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. It shows in the data.

Brokerage 395
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Rocket to Purchase Redfin for $1.75B

Appraisal Buzz

Rocket Companies has announced that it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction for a value $1.75 Founded in 2004, Redfin operates a home search platform with more than one million for-sale and rental listings and a tech-powered brokerage of more than 2,200 agents.

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Keller Williams taps Shanan Steere to head up leadership growth

Housing Wire

“As we continue to invest deeply into providing our KW-affiliated brokerages support for the development of their team leaders and operating principals, we are excited to welcome Shanan, who will spearhead those efforts,” KW President and CEO Mark Willis said in a statement. “An

Brokerage 370
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eXp acquires 500-agent independent brokerage in Florida

Housing Wire

eXp Realty has acquired Broker’s LLC , a 500-agent independent brokerage based in South Florida and founded by Claudia Serna, eXp announced on Thursday. Originally from Colombia, Serna founded Broker’s LLC in 2004 and grew her independent brokerage to more than 500 agents throughout South Florida.

Brokerage 448
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RE/MAX Proper acquires indie brokerage All Nations

Housing Wire

California-based RE/MAX Proper has acquired All Nations Realty and Investments , an independent brokerage in Rancho Cucamonga. In total, 126 agents and staff members at All Nations have joined RE/Max Proper, increasing the total agent count to 203, up from 70 when the former indie brokerage affiliated with the RE/MAX brand in May.

Brokerage 435
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Lon Welsh says ‘sophisticated’ buyers will push brokers to evolve in 2025

Housing Wire

To start, the duo explore the backstory behind Your Castle’s launch in 2004 and Welsh’s involvement. Velt: You founded Your Castle in 2004. You achieved incredible growth to become one of the largest independent brokerages in Colorado. This conversation has been edited for length and clarity. I’m too busy.

Buyers 300
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Century 21 welcomes two new affiliates

Housing Wire

The brokerage was founded in 2004 by broker-owner Herman Herrera, a retired U.S. In the two decades since its founding, the brokerage has closed over $1 billion in sales volume. The San Francisco Bay area brokerage will now do business as Century 21 Bay Realty. Marine and former school teacher.

Brokerage 457