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In this week’s episode of the RealTrending podcast , host Tracey Velt is joined by Tim Weisheyer, Florida Realtors ‘ 2025 president. But I also equally know the things that I am good at, like leading in areas of community service whether it’s been in the Realtor association or a two-term chairman of the school board.
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.
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.
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.
Homie Technologies’ bombshell antitrust lawsuit has one fewer defendant. 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.
The race is on for brokerages to capture clients in an incredibly difficult housing market, and Compass believes a new technology offering will give it an advantage. The brokerage on Monday launched Compass One, a client-facing portal that provides a guide through the process of both home buying and selling.
Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. With 30% of brokerage business coming from referrals and repeat customers, it is critical for agents to build and maintain relationships with their clients.
RE/MAX frequently touts the experience and productivity of its agents, 135 of which made the 2024 RealTrends Verified + Tom Ferry The Thousand more than any other brokerage. Lessinger said RE/MAX is continuing to focus on making it easier for agents to transact by leveraging different technology tools.
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.
“As we continue to invest deeply into providing our KW-affiliated brokerages support for the development of their team leaders and operating principals, we are excited to welcome Shanan, who will spearhead those efforts,” KW President and CEO Mark Willis said in a statement. “An
These include Kamini Lane (CEO of Coldwell Banker Realty ), Jodi Hall (former chief operating officer at Countrywide Mortgage ), Monica Reynolds (former vice president of Keller Williams MAPS Coaching ) and Leslie Appleton-Young (former chief economist for the California Association of Realtors ).
This change, while disruptive and uncomfortable for some, has provoked the rapid adoption of real estate technology, the likes of which we haven’t seen before. Agents, teams and brokerages are now seriously reconsidering the technology platform, tools and services needed to effectively do business today.
“The acquisition of Private Collection accelerates Final Offers market share of enterprise brokerage customers seeking to provide their agents with a tool to share off-market listings within their brokerage as well as their clients and prospective clients,” Final Offer said in a prepared statement.
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.
Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. LCA’s tagline is “exploring the science of real estate,” and you’ll find plenty of advice about technology here. Many Realtors are using Canva to cut their marketing budgets in half. 188,000+ Realtors can’t be wrong!
In a new episode of the “Real Estate Insiders Unfiltered Podcast,” hosts James Dwiggins and Keith Robinson are joined by Zillow Group CEO Jeremy Wacksman for a deep dive conversation that covers the role of technology in real estate and Zillow’s “ Super App.” That’s what technology does.
So began one of the more compelling panels at RealTrends’ “Gathering of Eagles” conference in Colorado Springs – “Intersection of tech and brokerage.”. Any real estate talk about technology can degenerate into to just saying the word “technology.” “We Don’t go out and build a consumer-facing technology,” McClelland advised.
The T3 Sixty Real Estate Almanac reports the same numbers, while the brokerage companys 2022 Annual Report pegged its sales volume at $8.5 Bough to stay the case against it until all appeals of the National Association of Realtors (NAR) settlement have been exhausted. But now the Memphis-based firm wants to walk back these numbers.
Lone Wolf Technologies , a real estate technology company that has been in business for decades, unveiled its reimagined brand identity last week as an effort to “blend technology with human-centered design to better serve real estate professionals,” per a release from the company. ”
In a lawsuit filed Thursday, real estate startup Homie Technologies claims that home seller consumers were not the only ones harmed by the real estate industry’s allegedly anticompetitive practices. For example, of the top 10 brokerages by closed sides in 2013, only three remain in the top 10 in 2023.
AI -powered real estate assistant Sidekick unveiled a partnership with the San Francisco Association of Realtors (SFAR) on Monday. As the AI capital of the world, San Francisco is the ideal place to launch Sidekick to sophisticated Realtors, at just the right time,” Michael Martin, co-founder of Sidekick, said in a statement.
Home negotiations technology platform Indigo just received a large investment to expand its operations in 2025. The founders also cited the National Association of Realtors ‘ antitrust lawsuits as a key motivator behind Indigo’s launch. The Home Checkout feature validates buyer offers before the transaction continues.
Homie Technologies on Wednesday notified the U.S. In mid-October 2024, Keller Williams, along with other defendants National Association of Realtors (NAR), Anywhere Real Estate , HomeServices of America and RE/MAX filed motions to dismiss the suit. Keller Williams was dismissed with prejudice, preventing Homie from refiling the suit.
The Real Brokerage announced Thursday the addition of several new teams across the U.S. The newly released 2024 RealTrends Verified rankings , based on 2023 data, showed that Real was the sixth-largest brokerage in the country for sides (48,905) and ranked No. The independent brokerage generated a sales volume of $75 million last year.
The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. It also utilized technology tools and worked toward creating innovative solutions such as Buy & Borrow Bundle.
For real estate professionals, the business practice changes outlined in the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement —which are set to go into effect on Aug. “Some brokerages will come out with different pricing models, and I think as that filters through we’ll see some effects.
Co-founded by Sean Soderstrom, Dan Breitbach and Joe Urciuoli, the proptech company sells an AI-powered software platform to help real estate brokerages with their recruiting efforts. Courted identified three main problems with how brokerages have historically recruited agents. The company has expanded to 50 markets in the U.S.
With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage 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. When you buy through our links, we may earn a commission.
The platform allows agents to decide how and when to share listings , from limiting visibility to their brokerage to broadening exposure across the Luxury Presence network. The platform builds on Luxury Presences earlier Brokerage Listing Network release, offering brokerages and agents compliant solutions for handling private listings.
Despite market headwinds, the top brokerages continued to show growth in the 2023 RealTrends 500 brokerage rankings. These four brokerage companies did just over $20 billion in residential gross commission revenue, which shows steady growth in a down market,” said RealTrends Senior Advisor Steve Murray. “In of all Realtors.
Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)
Realtors are not the only ones gathering in Boston this week for the National Association of Realtors ‘ NXT conference. They may also need to embrace new technology. They want access to the information they can get from outside technology organizations, but they want to get it directly from their MLS organization.”
Maverix CEO Jeff Kennedy said that Van Ecks experience in scaling technology , boosting the productivity of agents and optimizing brokerage operations makes him an ideal choice for the company. Kevins ability to identify and implement technology fills an immediate need in proptech right now, Kennedy said in a statement.
BeachesMLS ’ and MIAMI REALTORS SEFMLS , South Florida ’s two largest Multiple Listing Services (MLSs), have begun providing complete listing data to Nestfully , a public search portal sourced directly from the MLS, the company announced last Wednesday. If added together, Nestfully’s five MLSs have 343,000+ agent and brokerage subscribers.
Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The brokerage will pay $9.25 The Real Brokerage closed $14.4 The Real Brokerage closed $14.4 million into a qualified settlement fund, as part of the agreement.
” Chris Cox , chief technology and digital officer at Keller Williams , said the brokerage’s mantra is to put “data that we have to work to make our agents more successful.” Supporting real estate agents in becoming more productive is even more relevant in the context of changes to the commission structure.
One such example includes agents struggling in a tough market while their dues fund personal pet sitting services for the National Association of Realtors (NAR) CEO. These domains arrived long before modern technology enabled efficiencies of scale. Technology still isn’t the NARs strong suit.
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.
Monday’s breaking news that Rocket Companies is set to acquire online real estate brokerage Redfin shed light on the changing landscape of the homebuying marketplace. When you look at Redfin as a data and technology company, you realize that this is an incredibly undervalued company.
While Robert Reffkin and Compass are touting their success while pushing for the repeal of the National Association of Realtors ‘ (NAR) Clear Cooperation Policy, eXp Realty executives are claiming that the North American MLS system is helping to fuel their companys strong international growth.
In a new episode of the “ Real Estate Insiders Unfiltered Podcast ,” hosts James Dwiggins and Keith Robinson speak with Collabra Technology CEO Russ Cofano to dive into cooperative compensation and the National Association of Realtors ‘ (NAR) Clear Cooperation Policy (CCP), among other subjects. The CCP will work itself out.
Utah-based Park City Board of Realtors most notably made this decision last October , when it announced that it would no longer be enforcing the rule. Our position has never been to dictate brokerage business models, Brian Donnellan, the president and CEO of Bright MLS, wrote in an email. NWMLS is not NAR affiliated.)
From a slower housing market to the industrywide business practice changes , there is no doubt that 2024 was a challenging year for real estate brokerages, but Anywhere Real Estate believes these challenges have helped to set it up for success in 2025. The brokerage giant recorded revenue of $5.7 Schneider said.
We looked at pricing, design quality, ease of use, lead generation features, and then combed online reviews to get feedback from other working Realtors. With competition for online leads heating up, we think AgentFire’s brand-first approach can be a game changer for brand-conscious agents, teams and even boutique brokerages.
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