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A record year for real estate brokerage firms

Housing Wire

Capitalizing on these market factors, brokerage firms in the 2022 RealTrends 500 brokerage rankings broke records in market share, closed transaction sides (there must be inventory somewhere!) The top four — Realogy Brokerage Group (RBG), HomeServices of America , Compass and eXp Realty — now have 20% market share in the U.S.

Brokerage 417
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Have you clearly defined your brokerage’s value proposition?

Housing Wire

Because of that, and several other reasons, gross margins for real estate brokerage firms are declining with no real end in sight. for the largest brokerage companies in the United States. The first cause of the decline is the growth in competition for productive agents and a variety of new brokerages. Now, they’re at 13.5%

Brokerage 418
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In UWM’s war with Rocket, brokers must choose a side

Housing Wire

His West Coast brokerage shop sent tens of millions of dollars in loans to the wholesale mortgage giant in recent years. Rocket is training real estate agents to originate loans, and Fairway is trying to poach loan officers, he claims. Before Thursday, March 4, John was an unabashed fan of United Wholesale Mortgage. Already a member?

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Buyside helps real estate brokers stand out from the competition by providing them with real-time data

Housing Wire

The company integrates with an existing brokerage website to provide homeowners with three valuations along with insight into the number of real estate buyer leads actively searching for a property just like theirs. By using this data, Buyside helps brokers generate and capture seller leads. “The Charles Williams, Founder & CEO.

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Lawsuits, red tape & interest rates: Do mortgage JVs have staying power?

Housing Wire

On a sunny, serene fall afternoon, the Chicago neighborhood of Ravenswood featured quiet socializing on outdoor brewery patios, cyclists of all ages, and, hidden alongside the elevated train tracks, the headquarters of mortgage lender Guaranteed Rate. HousingWire Magazine delivered to your home or office. Become a member today.

Mortgage 416
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Ginger Wilcox on helping agents navigate a chaotic environment

Housing Wire

The magazine and Better Homes and Gardens brand really reaches nearly every region and every demographic around the globe. So, no longer just thinking about it as a component of the magazine but making sure that we are tying that connection between the Better Homes and Gardens brand and real estate.

Agents 448
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Commission lawsuit: HomeServices files motion for judgment as a matter of law

Housing Wire

In the motion, HomeServices claimed that no evidence has been presented to show they conspired with the National Association of Realtors (NAR) and other brokerages on rules for commissions. The day started with video depositions of four real estate brokerage executives.

Law 459