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Howard Hanna acquires two independent brokerages

Housing Wire

The family-owned brokerage firm announced the completion of two acquisitions on Wednesday. Alliance Group Realty was founded in 2011 by Bob Clarkson and currently has over 70 agents. It has already been a busy week for Howard Hanna Real Estate Services (HHRES) and it is only Thursday.

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SERHANT. secures $45M to further develop its AI platform

Housing Wire

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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Mauricio Umansky wants the real estate industry to ignore the ‘noise’ around the NAR settlement

Housing Wire

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.

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The best real estate brokerage software for 2024

Housing Wire

With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job. Here’s why: Good software might help your brokerage stay afloat in a post-lawsuit market. The looming chaos from the commission lawsuits sure isn’t helping.

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Indie brokerage Nationwide Real Estate Executives joins eXp Realty

Housing Wire

Daryl Owen , the founder of top California independent brokerage Nationwide Real Estate Executives , is joining eXp Realty and taking 200 agents along with him. RealTrends couldn’t independently confirm those figures; NRE has not submitted data to the RealTrends brokerage rankings since 2019.

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FDIC finds banks violated RESPA on mortgage brokerage payments

Housing Wire

The current rules have been applied by the Consumer Financial Protection Bureau (CFPB) since 2011. The FDIC recognizes that technology now has a role in the brokerage firm services provided and can impact its value. The FDIC said in its report that while it reduces time it does not necessarily mean that a service has less value.

Brokerage 448
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Keller Williams named to yet another profit-sharing lawsuit

Housing Wire

In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, and Penny Alper — took legal action against the real estate brokerage by filing seven separate class-action lawsuits. District Court for the Northern District of Indiana.

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