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The rise and fall of great real estate brokerage firms

Housing Wire

This cycle of ascent and decline is also evident in the residential brokerage industry. The same can be said for many regional and local brokerage firms that were once dominant but have since lost ground. Then, eXp Realty eclipsed Keller Williams with its cloud-based, revenue-sharing approach. The question is: who will be next?

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eXp Realty partners with Sisu to bring data insights to agents

Housing Wire

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. There are a lot of synergies between eXp Realty and Sisu,” said Sisu CEO Brian Charlesworth.

Realty 433
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Masiello plaintiff, Realty ONE Group seek to dismiss the brokerage from commission lawsuit

Housing Wire

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. According to the motion, the desire to dismiss the suit comes from Realty ONE Groups settlement in the Gibson suit , which was granted final approval in late October.

Realty 397
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William Raveis acquires Nantucket-based Jordan Real Estate

Housing Wire

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). William Raveis also acquired New England-based Molisse Realty Group in late 2023.

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Indie brokerage and United Real Estate Richmond form RVA Blue Realty

Housing Wire

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.

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Howard Hanna acquires two independent brokerages

Housing Wire

It has already been a busy week for Howard Hanna Real Estate Services (HHRES) and it is only Thursday. The family-owned brokerage firm announced the completion of two acquisitions on Wednesday. Alliance Group Realty was founded in 2011 by Bob Clarkson and currently has over 70 agents. The firm is led by Jeff Owens.

Brokerage 434
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eXp Realty adds rockstar agent Joshua Smith to its network

Housing Wire

Brokerage giant eXp Realty is adding a superstar agent to its ranks. Smith is the latest addition to eXp Realty’s expanding global agent network. According to the brokerage, Smith has been a standout in the real estate business for 20 years. .

Realty 397