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The Real Brokerage is a already a top 10 company in terms of transaction volume and sides and it continued its growth this week in two of the nation’s most populous states. Miami -based Real on Tuesday announced the addition of Harvest Realty , an independent brokerage in Southern California with 550 agents. billion.
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. Kris Caldwell According to a statement, eXp Realty attracted Caldwell’s because he wanted to put his team first.
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.
RedKey Realty Leaders , an independent agency based in St. The company added Circa Properties , another boutique brokerage with a strong local presence, but the merger is more about alignment than anything else, according to RedKey leaders. RedKey Realty is the top independent real estate agency in St. Louis Business Journal.
Lamacchia Realty is continuing its acquisition spree. Its agents serve clients on the North Shore of Massachusetts and in southern Maine and New Hampshire. The owners of Stone Ridge noted that part of their decision to move to Lamacchia Realty was the desire to have better tools for serving their clients.
Virginia-based River City Blues Realty has merged with United Real Estate Richmond to form RVA Blue Realty , according to an announcement on Wednesday. United Real Estate Richmond is the largest Black-owned real estate brokerage in America, founded by brothers John S Finn Jr. and Jeffrey S Finn.
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). This deal follows a similar move in May to acquire South Carolina-based Carson Realty.
eXp Realty is expanding its footprint in Missouri. The company has added independent brokerage Delhougne Realty Group , a St. He founded Delhougne Realty Group in 2021. “We are thrilled to welcome Matt Delhougne and his team to the eXp Realty family,” eXp Realty CEO Leo Pareja said in a statement.
The nation’s largest brokerage by transaction sides is increasing its footprint. On Thursday, eXp Realty announced the affiliation of independent brokerage Grand Lux Realty. Founded in 2006 by Michael Levy, Grand Lux Realty is based in Westchester County, New York , and has more than 200 agents.
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. Sereno operated independently for 16 years, starting in 2006 after the co-founders left Coldwell Banker Realty.
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.
Stamford, Connecticut -based independent brokerage NewBridge International Realty Group is affiliating with Coldwell Banker Realty , according to an announcement on Tuesday. Their dedication to client service and expertise in the local market will undoubtedly enrich our offerings and further strengthen our presence in Stamford.”
Lamacchia Realty is expanding its presence in the Pioneer Valley region of Massachusetts. On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. The acquisition of Sears Real Estate marks Lamacchia Realty’s fourth acquisition in Massachusetts in the past nine months.
The legal department at eXp Realty and parent company eXp World Holdings is not getting any rest over the holidays. According to many legal resources, it is common for brokerages to prevent agents from acting as contractors on home sale transactions they are involved in. 4, followed by a detailed affidavit sent on Nov.
While Alabama-based brokerage leader Anna-Marie Ellison said she supports the state associations efforts, she also said her agents have not expressed concerns about signing a buyer representation agreement prior to touring a house with a prospective client. And that is positive.
Recruitment efforts have been a mainstay of The Real Brokerage ‘s growth efforts in 2024. And the digital brokerage platform continues to grow this week with another affiliation. CEO Steve Rovithis founded the company to offer agents and clients alternative methods to “traditional franchise models.”
This has felt a lot more like Y2K versus some other stuff that we were warned about but were not prepared for, which is what I wanted,” said Leo Pareja , the CEO of eXp Realty. “My This is especially true when various MLSs, brokerages and agents are taking their own approaches to dealing with the business practice changes.
According to the suit, the Campolis worked with Mark Grieger, their neighbor and an agent brokered at Anywhere-backed Coldwell Banker Realty , to list their home in Deephaven, Minnesota, for $3.3 They are demanding a jury trial and more than $75 million in punitive damages and compensation for litigation costs and emotional distress.
Arizona -based brokerage LUXE Realty welcomed Jack Luciano and Raul Siqueiros as director of estates division and director of new development, respectively, the company announced on Thursday. We’re excited to officially welcome Jack and Raul and their team,” LUXE Realty founders Brian Guzman and Matthew Fenicle said in a statement.
Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed James F. Wood, the brokerage announced on Tuesday. Wood “Coldwell Banker Realty is proud to partner with James F. It is very comforting to have such resources at my fingertips as I focus on helping my clients achieve their goals.”
Dallas -based brokerage United Real Estate is expanding its footprint in the Midwest with a new merger. This week, Kansas City -based United affiliate partner Platinum Realty will merge its operations with SunWest Real Estate Advisors. The financial terms of the merger were not disclosed.
Coldwell Banker Realty , a New England-based residential real estate brokerage , welcomed The DelRose McShane Team , the brokerage announced on Wednesday. Moving our entire team over to Coldwell Banker Realty was the best decision for our clients. Led by Mike DelRose Sr., Mike DelRose Jr. said in a statement. “The
The iBuyer announced that it was teaming up with eXp Realty on Tuesday. With this integration, eXp agents will be able to request a cash offer on qualifying homes on behalf of their clients directly through their eXp agent dashboard.
A successful brokerage that operates across much of the country is taking its talents to eXp Realty. CanZell Realty has joined eXp, allowing the brokerage to expand in 20 states with a single addition. For me, this move was about being able to do more for my agents and clients,” Ray said in a statement. “By
On Tuesday, Coldwell Banker Realty announced the affiliation of top-ranked small team The Lara & Chelsea Collaborative. Founded and run by Lara O’Rouke and Chelsea Robinson, the team — which consisted of five agents in 2023 — serves clients in the Wellesley, Massachusetts , area. The team specializes in luxury listings.
Urban District Realty , a Washington, D.C.-based based brokerage, announced last week the launch of its custom real estate listing system, PROJETO. This system uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet.
Fast-growing firm The Real Brokerage is celebrating its 10 th anniversary by announcing that it has surpassed 20,000 agents. Our growth demonstrates that we’ve filled a void in our industry, and it makes me even more determined to pursue our mission of changing the real estate experience for our agents and the clients they serve.”
The largest brokerage in the nation based on transaction sides has strengthened its presence in Philadelphia. On Thursday, eXp Realty announced that the top-producing Matt Fetick Team was making the move from Keller Williams to eXp. As of 2023, the team had 12 agents, according to RealTrends data. “We
The battle among big brokerages for top agents continues in Texas, where eXp Realty added two top teams last week. “Our decision to join eXp Realty is driven by a shared vision for the future of real estate,” Seder said in the statement. However, they retained their licenses with their namesake brokerage.
Luxury Realty Group , a subsidiary of Luxury Realty Group Holdings , launched the beta testing for its conversational AI services website vuHome.ai, the company announced on Tuesday. The product will be available across its brokerage operations in Las Vegas. The l uxury real estate brokerage firm partnered with Kore.ai
Real estate brokerage William Raveis has returned to the acquisitions business. On Thursday, the family-owned firm announced that it had acquired South Carolina -based Carson Realty. Founded in 2006, Carson Realty serves clients in the South Carolina markets of Hilton Head, Bluffton and Lake Keowee.
Corcoran Baer & McIntosh , a franchisee of Corcoran Group based in New York City , acquired New Jersey -based Woodward Realty Group , the companies announced on Wednesday. Through this merger , Corcoran Baer & McIntosh will welcome Woodward Realty Group’s 26 agents, bringing the brokerage ’s agent count to more than 130.
A pair of top-producing agents are returning to Coldwell Banker Realty. On Wednesday, the brokerage announced that Leominster, Massachusetts -based Lynn Walsh and Charlotte -based Victoria Speer are coming back to the firm. We are excited to welcome Lynn back to the Coldwell Banker Realty family.
Top-producing mega team PREMIERE Group is joining fast-growing firm The Real Brokerage , according to an announcement on Monday. The teamerage was previously brokered at eXp Realty. His vision of building a tech-first, agent-centric brokerage aligns with our mission at Real. Keener’s teamerage was ranked No. million.
Invariably, these same articles classify all real estate brokerages and models as identical. Perhaps there are internal policies within some of the companies that are standardized, but the categorization of all brokerages as identical showcases the ignorance of the author. That’s a 20% reduction in revenue for the brokerage.
Massachusetts -based Lamacchia Realty is continuing its expansion. The brokerage announced Tuesday that it has acquired Dalton, Massachusetts-based Berkshire Dream Home for an undisclosed sum. I have no doubt that together we will be even stronger and will serve all the clients and Realtors even better.”
Fast-growing firm The Real Brokerage is welcoming yet another top-performing agent to the company. Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. He and his team were most recently brokered at Hague Realty in Scottsdale.
Fathom Holdings , the parent company of Fathom Realty , has joined the list of corporate brokerages to settle the commission lawsuits. Our unwavering commitment to providing excellent service to our agents, clients, and customers remains steadfast,” Marco Fregenal , the CEO of Fathom Holdings, said in a statement. “We
Earlier this year, the firm announced another merger with Team Geaux Realty. Our mission is to improve the financial trajectories of brokerages and agents by delivering uncharacteristically high levels of support and services,” Rick Haase, the president of United Real Estate, said in a statement.
eXp World Holdings , the parent company of eXp Realty , said its profit soared to a record in the second quarter as the dollar-volume of transactions rose 26% from a year earlier to $13 billion. eXp said it will continue to operate Showcase IDX and offer its services to clients, focusing on creating consumer home-search technology.
Despite the headlines , Phillip Cantrell, the founder of Benchmark Realty, characterized the move as a nothing burger. To allow the MLSs to talk to their broker communities and figure out how to make things work best for them and their clients in smart. It is just classic NAR propaganda. I think that is really a very good piece.
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.
Coldwell Banker Realty is strengthening its roster of California- based agents. On Monday, the brokerage announced that it was welcoming top-performing agent Jing Hu to the firm’s office in the Silicon Valley hub of Cupertino. Hu was previously brokered with Keller Williams Santa Clara Valley.
Massoud Atallah is leaving Anywhere Real Estate to join Lamacchia Realty. On Friday, the Anthony Lamacchia -helmed firm announced that Atallah had recently joined Lamacchia Realty as its new senior vice president of business development. I am grateful to have him on our team now.”
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