Housing Wire

DECEMBER 4, 2024

While the commission lawsuits and the business practice changes outlined in the National Association of Realtors’ (NAR) settlement occupied notable portions of 2024 for The Real Brokerage , impressive organic growth is the firm’s true highlight of the year.

Brokerage 397

Brokerage Agents Technology Clients 397

Housing Wire

JANUARY 27, 2025

The duo explore the current state of mergers and acquisitions, team-based brokerage models, commission compression, and growth opportunities for agents and brokers. What we’ve seen mainly is the activity is now at the local level between local brokerage companies. Why can teams make it work so much better than a brokerage?

Brokerage 346

Brokerage Agents Valuation Real Estate 346

Housing Wire

JANUARY 29, 2025

The use of artificial intelligence (AI) is becoming the new norm for many real estate agents and brokerages. Delta’s annual real estate leadership survey explores insights from brokerage leaders on AI, marketing technology and forward-thinking insights. Delta Media considered these brokerages to be “medium to large.”

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Brokerage Real Estate Agent Real Estate Agents 289

Housing Wire

DECEMBER 5, 2024

Processing is a big piece of what brokerages care about, so we have a copilot that we’re getting feedback on and plan to have six or seven copilots that will launch next year. We’ve trained our AI models to be extremely specific to help agents, brokerages and end customers as well. SW: Tell me more about your background.

Brokerage 368

Brokerage Training Real Estate Agents 368

Housing Wire

DECEMBER 6, 2024

The Masiello copycat commission lawsuit plaintiff and Realty ONE Group Arizona have filed a joint motion to dismiss the brokerage defendant from the suit with prejudice. The motion was filed on Thursday in U.S. District Court in Phoenix. and Tierra Antigua Realty.

Realty 396

Realty Brokerage Realtors Real Estate 396

Housing Wire

FEBRUARY 20, 2025

The brokerage has acquired Washington Fine Properties (WFP), a luxury real estate brokerage located in the Washington, D.C., According to WFP, the brokerage has the highest average sales volume per agent and the highest average sale price in the areas where it operates. Compass has added to its roster in the nations capital.

Brokerage 325

Brokerage Agents Clients Real Estate 325

Housing Wire

JANUARY 21, 2025

The moment felt surreal and inspiring for Chris Trapani and Ryan Iwanaga, co-founders of the Christie’s International Real Estate Sereno brokerage, as they repurchased their independence from @properties. Beyond that, the brokerage will now be the exclusive representative of Christie’s International Real Estate in the Bay Area.

Brokerage 370

Brokerage Real Estate Agents Realty 370

Housing Wire

MARCH 12, 2025

One of the nation’s fastest-growing real estate brokerages announced a pending leadership change on Wednesday. Sharran Srivatsaa , president of The Real Brokerage , will be transitioning from his current role to the company’s board of directors effective June 1. Its volume soared from $14.4 billion to $21.2

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Brokerage Agents Real Estate Loan Officers 300

Housing Wire

NOVEMBER 1, 2024

Michele Harrington: After entering real estate sales right out of the Marine Corps , I built my own brokerage. The duo start the conversation by exploring Harrington’s path into the CEO’s role at FirstTeam. Six years ago, my whole company came over to FirstTeam. Over time, I became chief operating officer.

Brokerage 392

Brokerage Real Estate Real Estate Agent Agents 392

Housing Wire

JANUARY 29, 2025

The lawsuit contains the same allegations as other commission lawsuits, accusing the real estate brokerage and MLS defendants of colluding to artificially inflate real estate agent commissions. Prior to the Keel suit, Side was notably one of the few major brokerages left that had not settled the commission lawsuits.

Brokerage 265

Brokerage Real Estate Real Estate Agent Agents 265

Housing Wire

MARCH 17, 2025

According to the complaint, Newhart and the other defendants transferred “things of value,” specifically underpriced, nonvoting stock in Newhart-owned mortgage brokerages to real estate agents and brokers, who in return referred their clients back to the Newhart-owner mortgage brokerages.

Brokerage 238

Brokerage Government Mortgage Real Estate 238

Housing Wire

MARCH 18, 2025

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. This dynamic makes many consumers willing to pay for a full-service brokerage, if for no other reason than to reduce their anxiety.

Brokerage 365

Brokerage Agents Housing Market Realty 365

Housing Wire

MARCH 19, 2025

United Real Estate Richmond is the largest Black-owned real estate brokerage in America, founded by brothers John S Finn Jr. Virginia-based River City Blues Realty has merged with United Real Estate Richmond to form RVA Blue Realty , according to an announcement on Wednesday. and Jeffrey S Finn.

Real Estate 202

Real Estate Realty Brokerage Clients 202

Housing Wire

OCTOBER 28, 2024

In an environment where technology is increasingly becoming a recruitment tool for brokerages, eXp Realty has partnered with a data provider in an effort to give its agents an advantage over the competition. This strategic relationship allows us to extend these successful strategies to all our agents and teams at no additional cost.”

Realty 429

Realty Agents Brokerage Tools 429

Housing Wire

DECEMBER 2, 2024

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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Development Brokerage Technology Real Estate 418

Housing Wire

DECEMBER 12, 2024

Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts -based brokerage Jordan Real Estate (JRE). Co-owners Gloria Grimshaw and David Callahan acquired the brokerage from founder Lucille Jordan in 2007.

Real Estate 368

Real Estate Brokerage Agents Realty 368

Housing Wire

JANUARY 6, 2025

According to the announcement, Chris will be tasked with providing strategic counsel on strengthening relationships, building trust and enhancing collaboration with brokerage leaders. NAR said this outreach will focus on creating an open dialogue with brokerage leaders and finding more opportunities to better support NAR members.

Real Estate 456

Real Estate Brokerage Realtors Realty 456

Housing Wire

DECEMBER 27, 2024

Whether youre running a large brokerage, managing a small team or working on your own, the right transaction management platform can take the worry out of compliance and lighten your workload. From managing compliance to automating commission disbursements, its built to grow with your brokerage.

Real Estate 397

Real Estate Brokerage Contracts Tools 397

Housing Wire

NOVEMBER 4, 2024

The Real Brokerage ‘s expansion trend has continued with another major acquisition. The digital brokerage platform announced on Monday the addition of Amerivest Realty , a Florida-based brokerage, adding 400 agents across Florida , Colorado , Minnesota and Wisconsin to Real’s platform.

Realty 397

Realty Agents Brokerage Tools 397

Housing Wire

OCTOBER 11, 2024

Brokerages are scrambling to adapt to the post-settlement landscape of real estate, and more of them are turning to the same method for growing their headcount — acquiring new teams. The addition of teams is an efficient way for major brokerages to bolster agent counts and boost sales volumes on their income statements.

Real Estate 448

Real Estate Brokerage Legal Agents 448

Housing Wire

MARCH 10, 2025

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity. The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025.

Brokerage 482

Brokerage Real Estate Finance Agents 482

Housing Wire

JANUARY 9, 2025

The Hooper commission lawsuit plaintiffs and the brokerage defendants that have reached proposed settlement agreements are looking to make things official. The four brokerages have agreed to business practice changes, as well as total payments of $44.05

Brokerage 417

Brokerage Real Estate Sellers Development 417

Housing Wire

DECEMBER 17, 2024

Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners , that seeks to prevent them from dissipating, hiding or moving collateral for a loan that Side claims the brothers have defaulted on.

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Legal Fees Brokerage Real Estate Legal 412

Housing Wire

JANUARY 22, 2025

The Housing Rights Initiative (HRI) is taking aim at 165 real estate agents, brokerage firms and landlords in its latest series of lawsuits filed in Chicago. Defendants in the suit include major brokerage companies such as Coldwell Banker , Christies International Real Estate , Keller Williams and Berkshire Hathaway Home Services Chicago.

Landlords 418

Landlords Brokerage Training Real Estate 418

Housing Wire

FEBRUARY 25, 2025

Chicago-based Maverick Systems is rapidly expanding its real estate data analytics platform nationwide, offering brokerages a new tool in the competitive landscape for experienced agents. This detailed data allows brokerages to identify high-value recruitment opportunities, anticipate agent churn and ultimately improve profitability.

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Agents Brokerage Real Estate Agent Real Estate 348

Housing Wire

OCTOBER 17, 2024

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.

Real Estate 459

Real Estate Brokerage Agents Real Estate Agent 459

Housing Wire

OCTOBER 15, 2024

This is especially true when various MLSs, brokerages and agents are taking their own approaches to dealing with the business practice changes. As Sharran Srivatsaa , the president of The Real Brokerage , sees it, there are two primary agent camps right now. Some of them are throwing hissy fits with this.”

Real Estate 448

Real Estate Brokerage Sellers Agents 448

Housing Wire

DECEMBER 11, 2024

According to a company statement, this move will strengthen the brokerage’s presence in the Carolinas. United President Rick Haase credited United Queen City for driving this expansion with excellent management practices and brokerage growth. For-sale inventory is up 17.1% in the state compared to a year ago.

Real Estate 368

Real Estate Brokerage Agents Realty 368

Housing Wire

OCTOBER 31, 2024

What has changed for real estate brokerages since then? 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. “I’m I’m hoping that this Halloween, when I’m taking my kids around trick-or-treating, it won’t be nearly as stressful,” Kelly said.

Real Estate 448

Real Estate Brokerage Agents Training 448

Appraisal Buzz

MARCH 10, 2025

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.

Real Estate Agent 386

Real Estate Agent Brokerage Real Estate Agents 386

Housing Wire

DECEMBER 19, 2024

There’s a reason why eXp Realty regards itself as the “the most agent-centric brokerage on the planet.” According to the brokerage, Caldwell is no slouch when it comes to sales volume. ” Caldwell is no stranger to brokerage network innovations. We are thrilled to welcome him and his team to eXp.”

Realty 396

Realty Brokerage Agents Real Estate 396

Housing Wire

NOVEMBER 1, 2024

Now, it’s time to join a brokerage. Depending on the brokerage, agents may pay anywhere from $25-$500 per month to be a part of the brokerage. With that in mind, it’s a good practice to interview multiple brokerages before deciding where to land. After agents have partnered with a brokerage, it’s time to get to work.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

NOVEMBER 14, 2024

Here’s four strategies for leaders looking to maximize growth and position their brokerages and teams for success. If you’re looking to implement these results-focused strategies, consider partnering with a brokerage that specializes in growth-driven solutions.

Real Estate 397

Real Estate Brokerage Agents Technology 397

Housing Wire

JANUARY 10, 2025

The Seattle-based brokerage company laid off 46 employees on Thursday. The brokerage most recently laid off 82 employees in August 2024. Redfin has started 2025 with a round of layoffs. No agents were impacted. We’re continuing to aggressively hire agents , the spokesperson wrote. But the company reported a net loss of $33.8

Brokerage 396

Brokerage Agents Housing Market Marketing 396

Housing Wire

OCTOBER 15, 2024

On Friday, the brokerage notified the court that it was voluntarily dismissing Wasatch Front Regional MLS , which does business as UtahRealEstate.com , from the suit. As a flat-fee brokerage, Homie charged sellers a flat fee to list their property on the MLS. Homie Technologies’ bombshell antitrust lawsuit has one fewer defendant.

Brokerage 433

Brokerage Sellers Realty Realtors 433

Housing Wire

DECEMBER 10, 2024

We are always trying to grow and provide more for our agents and for all of our customers, whether that is on the brokerage side or the franchisee side, so we are always looking forward. On the brokerage side, we [work to] attract agents to the brand and expose them to our unique model. Clear said.

Realty 370

Realty Brokerage Agents Business 370

Housing Wire

JANUARY 14, 2025

Leading brokerage Compass announced some key leadership moves this week to bolster its operations in the Southeast, including Florida. The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. It is the nation’s leading brokerage by sales volume.

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Brokerage Luxury Properties Development Realty 370