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There’s a reason why eXp Realty regards itself as the “the most agent-centric brokerage on the planet.” ” This week, the company embodied that mindset with yet another major affiliation that expands its agent network. According to the brokerage, Caldwell is no slouch when it comes to sales volume.
The Housing Rights Initiative (HRI) is taking aim at 165 realestateagents, brokerage firms and landlords in its latest series of lawsuits filed in Chicago. The suit alleges that realestate professionals discriminated against low-income families who were looking to use Housing Choice Vouchers.
Women make up more than half of the realestateagents in the United States, yet women make up less than a third of nationally-recognized realestate coaches — The Helm aims to change that,” Wilkie said in a statement. “We
Lamacchia Realty , a full-service realestatebrokerage firm licensed in six states, acquired the Seekonk, Massachusetts-based brokerage, Keystone Property Group , the company announced on Monday. Meanwhile, Anthony Lamacchia, broker/owner of Lamacchia Realty also welcomed Hedrick and her agents to the brokerage.
Since the first quarter of 2021, Redfins agent count has fallen by 22.5%. At the same time, agent counts at other publicly traded companies have exploded, with The RealBrokerage (+1,173%), Fathom Realty (+136.6%), Compass (+78.8%) and eXp Realty (+64.9%) leading the way.
Leading realestatebrokerage 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 RealEstate (JRE). William Raveis also acquired New England-based Molisse Realty Group in late 2023.
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. The two realestateagents were formerly associated with The Agency Scottsdale.
Urban District Realty , a Washington, D.C.-based based brokerage, announced last week the launch of its custom realestate 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.
Bonnie Williamson never intended to be a realestateagent. She then went on to teach high school French, but after six years of dealing with “hormonal teenagers” Williamson was ready for a change, and on a friend’s suggestion interviewed at the local Daniel Gale Sotheby’s International Realty affiliate. “It
As 2025 approaches, The RealBrokerage is heading into the new year with more growth-centered momentum. The digital brokerage platform announced another major affiliation this week to strengthen its presence in the luxury market. Real announced this week the affiliation of Urban Nest Realty , a Las Vegas -based brokerage.
While some in the realestate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI realestateagent.
While they may not be as trendy as they once were, a well-crafted realestateagent Facebook page is still the best way to generate leads on social media. Your Facebook page can help you build your personal brand, network with other agents across the country (hello, referral partners!)
White-label brokerage Side is joining several other realestate firms in launching educational resources that are available to agents across the industry. On Thursday, the firm announced the launch of PartnerUp Coaching, a platform that allows agents to learn from other top agents in the industry.
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.
Originally filed in late November, the Phillips lawsuit accuses realestate industry players of colluding to artificially inflate realestateagent commissions. AF Realty Group is the smallest of the new defendants with just 15 agents, according to the complaint.
Sudi Hernandez of Cloud 9 RealEstate Group loses leads when a client hears her Cuban accent. James Dunn of eXp Realty surprised a client with his answer to their question, “You’re white, right?”. Amy Kong of Trust RealEstate hosts open houses where people ask, “Where is the agent?”. That compares to a U.S.
Knoxville, Tennessee -based Realty Executives have gained some top-producing agents. The founders of RE/MAX Preferred Properties , Ryan, Rich and Patti Levenson, are joining Realty Executives, according to an announcement on Wednesday. 99 agent in Tennessee by sales volume in the RealTrends America’s Best rankings, closing 54.5
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.
The company announced this week that it secured $8 million in funding to offer better insights and cohesiveness to realestateagents. Users can also track all agents interested in a specific listing and offer data analytics. The Home Checkout feature validates buyer offers before the transaction continues.
FresYes Realty , one of California ‘s top realestateagent teams, has left the indie ranks to join The RealBrokerage. Jason Farris and his 50-agent team were the top large team in California by sides in 2021, according to the RealTrends 2022 rankings. million in volume.
California is the latest state to take a stand against the right-to-list agreement business plan of now bankrupt brokerage MV Realty. On Tuesday, the office of California Attorney General Rob Bonta announced that it was granted a preliminary injunction against Florida-based MV Realty after filing a lawsuit in December 2023.
Right-to-list agreement firm MV Realty has filed for Chapter 11 bankruptcy in 33 states. MV Realty currently faces lawsuits in multiple states for allegedly misleading consumers and homeowners. MV Realty operated in 33 states and has more than 500 realestateagents.
While many realestatebrokerages have made the choice to settle the commission lawsuits including Side and JPAR just this week others are still attempting to fight. All of the filing defendants denied the Gibson plaintiffs’ allegations and posed defenses against the claims. 31, 2019, and the present.
As a realestateagent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted realestateagent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.
MV Realty is facing more legal action, this time in Minnesota. The firm — which is now infamous for its right-to-list agreements — is being sued along with its Minnesota branch, MV Realty of Minnesota , and the companies’ shared executive, Amanda Zachman.
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
With technology changing faster than new agents answer phone calls, choosing the right realestatebrokerage 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.
Things are changing in the Nashville realestate scene. Coldwell Banker Southern Realty , which has offices in the Tennessee markets of Lawrenceburg, Shelbyville and Columbia, is marking its entrance into Nashville through its acquisition of Coldwell Banker Barnes. The financial terms of the deal were not disclosed.
Training on forms has been a central focus of brokerages across the country. Personally, I haven’t done so much training on forms myself in over a decade,” said Anthony Lamacchia , the broker-owner of Massachusetts-based Lamacchia Realty. And the agents are scared,” Lamacchia said.
The ranking, which was created in partnership with RealTrends and supported by Sotheby’s International Realty , is the industry’s only list recognizing top-producing LGBTQ+ and ally members. The Alliance would rank as the nation’s 23 rd and 29 th brokerage in volume and transaction sides, respectively, on the 2023 RealTrends Top 500 list.
In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The addition of the five local brokerages is not the only recent change to the list of defendants.
Top-performing independent Florida brokerage Premiere Plus Realty has chosen to affiliate with Dallas-based United RealEstate , according to an announcement on Wednesday. According to the announcement, Premiere Plus Realty will continue to operate under the same name and leadership. “It 51 among independent firms.
The RealBrokerage announced Thursday the addition of several new teams across the U.S. last month as the publicly traded company pushed its agent count above 19,000. Real has experienced rapid growth since the start of the year, a trajectory that it credits in part to the addition of its Private Label and Pro Teams programs.
The top brokerage in the country by transaction side count, eXp Realty , has settled the commission lawsuits. The parent company of eXp Realty, eXp World Holdings , announced the settlement on Monday in a filing with the Securities and Exchange Commission (SEC).
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. The post eXp Realty reports 33% revenue growth for Q2 appeared first on HousingWire. The company reported net income of $8.3
But as many as 200 realestateagents , brokerage firms and landlords are alleged to have violated this law by discriminating against applicants with federally subsidized Section 8 Housing Choice Vouchers, according to an undercover investigation conducted by the Housing Rights Initiative (HRI).
“Most of the confusion we are seeing is from agents who don’t understand what has happened and even broker-owners who don’t understand changes have occurred.” Living up to its legacy Keller Williams is a franchise known for its agent education efforts. 9, are available to agents across the industry.
Brokerages took notice, resulting in a surge in companies and office locations competing for their share of listings, according to CoreLogic multiple-listing service data shared exclusively with HousingWire. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed.
The RealBrokerage continues to add to its agent count. Lafayette, Louisiana-based District South RealEstate Co. has joined Real, according to an announcement on Tuesday. Led by Carrie Théard and Sean Hettich, District South’s 40 agents serve home buyers and sellers in Louisiana’s Acadiana region.
Co-founded by Sean Soderstrom, Dan Breitbach and Joe Urciuoli, the proptech company sells an AI-powered software platform to help realestatebrokerages with their recruiting efforts. Courted identified three main problems with how brokerages have historically recruited agents. over the past year.
Fathom Realty rolled out two new agent commission plans in 2024, and the brokerage isnt done yet. The plan is designed to help agents close more business. To back the new plan, Fregenal cited a survey showing that almost 90% of agents want more from their parent brokerages, but he offered no details on whats to come.
Fast-growing firm The RealBrokerage 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 RealBrokerage, according to an announcement on Wednesday.
The Paris-based brokerage is launching its Florida operation on Friday, marking its first expansion into the U.S. According to iad, the brokerage is the No. 1 brokerage by transaction sides in France, as well as No.3 Courtney and his agents also cited iad’s revenue sharing model. In addition to the U.S. 4 in Mexico.
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.
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