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Report warns that percentage-based agent commissions could harm consumers

Housing Wire

Here, as well, the harder and smarter the buyers agent negotiates on behalf of her client, the less she gets paid at closing. A 2015 study published by the American Economic Association found that real estate agents who purchased homes for themselves paid approximately 4% less than the prices their clients paid.

Agents 366
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Virtual staging: The best apps for 2025 + mind-blowing AI picks

Housing Wire

There are cheaper DIY apps, but we do not recommend them for real estate agents due to their low image quality. To find the best virtual staging apps, we analyze dozens of products and platforms, run them through rigorous testing, view product demos, read countless customer reviews and consult with agents and brokers we know.

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The digital mortgage platform empowering the rise of community lenders

Housing Wire

Since channeling his frustrations with the mortgage borrowing process into co-founding Maxwell in 2015, Paasonen has been busy honing a technology-powered platform meant to delight borrowers with a streamlined experience for lenders. Scalable fulfillment built to empower community lenders.

Mortgage 448
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Homebot home education portal acquires mobile app firm Quo Finance 

Housing Wire

Homebot , a home education portal that keeps people connected to their loan officers and real estate agents, acquired Quo Finance , a mobile app for first-time homebuyers. Homebot was co-founded by Ernie Graham and Ira McMahon in 2015 with a vision to help people make smart financial decisions with their homes.

Finance 397
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Josh Team out as Keller Williams president

Housing Wire

A former executive at Auto Nation and Home Depot among other companies, Liebert was a fixture at last week’s “Family Reunion,” an annual gathering of Keller real estate agents. Liebert does not have a background in real estate. Team also did not have a real estate background.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. Other established names to make the Inc.

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Spencer Rascoff outfit Pacaso raises $75 million

Housing Wire

Rascoff in October started the company with Austin Allison, the founder of dotloop, which Zillow bought in 2015. The company connects consumers with real estate agents, and Pacaso “sets up a professionally managed LLC uniquely designed for co-ownership,” the firm said.