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The Constellation Real Estate Group Acquires Assets of SmartZip
Constellation Real Estate Group adds to its best-in-class lead generation solutions for real estate agents and brokers. BELLEVUE, WASH. (AUGUST 19, 2019) -- The Constellation Real Estate Group ("CREG"), has announced today that it has acquired certain assets of SmartZip Analytics Inc. ("SmartZip"), a pioneer in predictive analytics and award-winning provider of data-driven marketing automation and lead generation products for the real estate industry. The acquisition includes SmartZip's SmartTargeting platform, patent-pending predictive analytics, data solutions, and automated referral-building content system, Reach150. The addition of SmartZip, which closely follows the recent acquisition of the Offrs.com business in July, marks CREG's second predictive analytics company and fourth new portfolio business in 2019, and aligns with CREG's strategy of investing in forward-thinking technology companies with a focus on strong solutions and its commitment to being a long-term, stable technology partner for the real estate industry. "We are excited to have both Offrs.com and SmartZip in the Constellation portfolio of real estate and mortgage software companies," said Scott Smith, President of the Constellation Real Estate Group. "We recognize the value of predictive analytics and big data and the importance of making it accessible to agents in a way that allows them to make smart business decisions. With these two companies, we can deliver unprecedented value and insights to our customers." "The Constellation Real Estate Group has a proven track record of delivering long-term value and stability to the companies it invests in, with a demonstrated commitment to their customers, products, and people," said Avi Gupta, CEO of SmartZip, "As demand for our pioneering work in predictive analytics and data-driven marketing continues to grow, this union presents a powerful opportunity to leverage decades of expertise to advance our products, ultimately benefiting SmartZip customers." Founded in 2009 in Silicon Valley, CA, SmartZip has spent over a decade developing predictive analytics and data-driven marketing automation solutions for the real estate industry and has consistently been recognized as a leading innovator in both the technology and real estate industries. The acquisitions of Offrs.com and SmartZip strengthen the Constellation Real Estate Group's position as one of the largest technology providers in the fragmented real estate industry, providing innovative lead generation, automated sales and marketing solutions, back office software, and mortgage loan origination and servicing solutions for over half of a million real estate agents, brokerages, MLSs, and banks across the U.S. and Canada. "I am very excited to combine the value propositions of Offrs.com and SmartZip and continue to deliver a best-in-class lead generation solution to real estate agents and brokers nationwide. Predicting future real estate transactions and driving high-value leads to our customers is our number one priority, and this acquisition demonstrates our commitment at the Constellation Real Estate Group," confirms Rich Swier, co-founder of Offrs.com. The Constellation Real Estate Group welcomes SmartZip customers and partners and we look forward to enhancing and growing these relationships for the long-term. The Constellation Real Estate Group The Constellation Real Estate Group, which is a business unit within the Perseus Operating Group of Constellation Software Inc., acquires and invests in real estate software brands that are committed to providing long-term solutions and partnerships with franchises, brokers, agents, MLSs, and banks. CREG provides a suite of market-leading technology solutions designed specifically for the real estate industry through its brands, which include: Market Leader, Constellation Web Solutions, Sharper Agent, Zurple, Z57, Diverse Solutions, Birdview, ReloSpec, Real Estate Digital, Baynet World, Mortgage Builder, TORCHx, Offrs.com and now SmartZip. Over 500,000 real estate agents, teams, and brokerages across North America rely on CREG's products and services to power, manage, and grow their businesses. For more information, visit: https://www.constellationreg.com The SmartZip Products The SmartZip SmartTargeting platform uses patent-pending predictive analytics, multi-channel marketing automation, and smart CRM to identify top home seller prospects, engage them through targeted marketing campaigns, and ultimately close more business with smart nurturing and prospecting tools. It also integrates the Reach150 system that automatically requests and publicizes client-generated testimonials and referrals to help real estate teams and professionals boost their reputation, online presence, and word-of-mouth business. Together, SmartTargeting and Reach150 help enterprises and professionals across the real estate ecosystem efficiently grow their business with the targeted acquisition of new, repeat and referral customers. For more information, visit: https://smartzip.com/
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Ryan O'Hara to Depart Post at Move, Inc.
Tracey Fellows Named Acting CEO New York, NY (June 6, 2019) -- News Corp announced today that Mr. Ryan O'Hara will be departing as Chief Executive Officer of Move, Inc., effective June 18. Mr. O'Hara is taking on a new chief executive position in another industry. Ms. Tracey Fellows has been named Acting CEO of Move, operator of realtor.com®, while a search for a new chief executive is underway. Ms. Fellows will continue to serve as News Corp's President of Global Digital Real Estate and lead the development of the fastest growing sector in the company. News Corp is a global leader in digital real estate. Since the creation of the new News Corp in 2013, Digital Real Estate Services revenues have more than tripled, with the segment generating over $1.1 billion in Fiscal Year 2018. Segment EBITDA has more than doubled during that time, accounting for 37% of reported Total Segment EBITDA for News Corp in Fiscal Year 2018, which made it the largest contributor to the company's profitability. "Ryan has transformed realtor.com®, overseeing a period of remarkable growth, with revenues more than doubling during his tenure," said Robert Thomson, Chief Executive of News Corp. "Ryan and the talented team have helped realtor.com® more than triple the number of unique users since our acquisition less than five years ago, reaching an all-time record of more than 73 million in May." "I wish Ryan all the very best with his next challenge and have no doubt that Tracey will be a brilliant leader at realtor.com® while she is at the helm. Tracey's impact on our digital real estate operations has already been profoundly positive as she has brought extra verve and vision to the businesses." "I am grateful to Rupert Murdoch, Robert Thomson and News Corp for affording me the opportunity to lead five different businesses on two continents over two stints with this great company," said Mr. O'Hara. "My time at Move has been especially rewarding both professionally and personally. I am proud of the business results and the many great professionals I worked with who helped achieve them. There is no doubt that realtor.com® is smartly positioned for an even brighter future." "From the expansion of revenues, audiences and engagement, to the launch of new products and the acquisition of Opcity, Ryan and everyone at Move have done so much to put realtor.com® on a path to ever greater accomplishment in the future," said Ms. Fellows. "We wish Ryan every success in his next venture, and it will be an honor to work so closely with the great team he's assembled." In October, 2018, Move completed its acquisition of Opcity, a leading real estate technology platform that matches qualified home buyers and sellers with real estate professionals in real time. The acquisition broadens realtor.com®'s lead generation product portfolio to include Opcity's concierge-based model. Before taking on the position of President of Global Digital Real Estate in January, Ms. Fellows served as Chief Executive Officer of REA Group, where she oversaw a rapid expansion of the digital real estate business in Australia and Asia, while also leading the company's investments in India and North America. Ms. Fellows continues to serve as a director on REA Group's board. REA Group, in which News Corp owns a 61.6% interest, has a 20% stake in Move. Mr. O'Hara became CEO of Move in January, 2015. Earlier in his career, he worked in several News Corporation businesses. News Corp acquired Move in November, 2014. About News Corp News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content. The company comprises businesses across a range of media, including: news and information services, subscription video services in Australia, book publishing, and digital real estate services. Headquartered in New York, News Corp operates primarily in the United States, Australia, and the United Kingdom, and its content is distributed and consumed worldwide. More information is available at: http://www.newscorp.com
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RE Technology's Top 10 Articles of 2018
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NAR Helps Secure FEMA Reversal on New Flood Policies During Shutdown
WASHINGTON (December 28, 2018) – In a critical win for home sales while the partial shutdown of the federal government is ongoing, the Federal Emergency Management Agency will issue and renew flood insurance policies, reversing an unexpected and controversial ruling the agency released earlier this week. "FEMA and the Administration deserve credit for hearing our concerns and acting swiftly to address them," says NAR President John Smaby. "This new decision means thousands of home sale transactions in communities across the country can go forward without interruption, as Congress intended when it renewed the flood insurance program earlier this week. Our research has shown that 40,000 home sales are lost every month that flood insurance is not available." Congress on Dec. 21 passed legislation that extends the National Flood Insurance Program until May 31, 2019. In an unexpected policy decision, though, FEMA on Dec. 26 said it couldn't allow insurers to issue and renew federal policies while the partial government shutdown was ongoing. That ruling was unexpected because in past government shutdowns, FEMA continued to operate the program as authorized. NAR, along with other organizations, including the Property Casualty Insurers Association of America and the Independent Insurance Agents & Brokers of America, urged policy makers to reevaluate the decision. Congress expressed concern as well. "We thank the Administration and Congress for stepping up so quickly to ensure the smooth continuation of flood insurance at a time when market disruption would be extremely hard-felt," says Shannon McGahn, NAR senior vice president of government affairs.
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News Corp Completes Acquisition of Opcity
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RealBiz Media Group Announces Spin-Off Plans for NestBuilder Real Estate Division
Gaithersburg, MD, July 02, 2018 -- RealBiz Media Group, Inc. (RBIZ) has set new dates and provisions for the spin-off of the NestBuilder Real Estate Division. Shareholders of record as of July 2, 2018 will now be eligible to receive shares in NestBuilder, with the distribution date on July 12, 2018 (pending FINRA approval). In addition, the new conversion ratio will be 900 RBIZ shares for each (1) share of NestBuilder. As a result of this revised date, a greater number of shareholders will be eligible to participate in the spin-off. Subsequent to the spin-off, RealBiz will file with the SEC for a name change to "Verus Foods, Inc." along with a symbol change (to be determined). Shareholders will see these changes reflected in their account statements and are not required to take any action. While the spin-off will become effective July 12, 2018 (pending FINRA approval), the name and symbol change will be filed separately. "This brings us one step closer to complete autonomy with our own name and identity," said Verus CEO Anshu Bhatnagar. "This is more than just a symbolic move, as the two divisions' financials will become separate, simplifying our quarterly financials and reducing the ongoing legal and accounting expenses that have accompanied this long process. Just as importantly, the name change will remove some of the confusion among lenders, customers, and shareholders concerning the nature of our business." About RealBiz Media Group, Inc. RealBiz Media Group, Inc. consists of two business segments: an international food subsidiary (Verus Foods) that sells products to customers worldwide; and a real estate digital media and technology company. RealBiz Media Group, Inc. (OTC: RBIZ) trades on the OTC.
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REAL Trends Announces 2018 The Thousand
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Ben Caballero Sets a New World Record With $1.9 Billion in Home Sales
Guinness World Record Holder Smashes His Own Record, Sells Over 4,700 Homes in 2017 DALLAS, June 11, 2018 -- Guinness World Record holder Ben Caballero of HomesUSA.com in Addison, Texas, set a new world record for home sales in a single year. Caballero sold more than 4,700 homes worth in excess of $1.9 billion in 2017, smashing the world record he set in 2016. Caballero sold 4,799 homes last year totaling $1.906 billion in the state of Texas. In 2016, he sold 3,556 homes totaling $1.444 billion. It was his 2016 production that recently landed him the title of real estate's first Guinness World Record holder. Caballero lists homes for more than 60 builders in Dallas-Fort Worth, Houston, Austin and San Antonio. As published in The Wall Street Journal, and independently confirmed by REAL Trends, Ben Caballero is the top-ranked real estate professional in the U.S. in both total number of home sales and total annual dollar volume. To put Caballero's 2017 numbers in perspective, he sold an average of 92 homes a week – more than one dozen homes per day, every day of the year. That's more than one-and-a-half home sales every business hour. "Texas is my not-so-secret sauce," said Caballero. "It's the nation's most vibrant home-building market, with Dallas-Fort Worth being the highest-ranked market for builders in the country. When one factors Houston's recovering from Hurricane Harvey, Austin's continuing its burgeoning pace and the unique qualities that make San Antonio attractive, Texas continues to prove itself a winner for home builders." He added, "Because these markets have remained strong and stable in 2018, I'm on pace this year to break my 2017 record." First Billion Dollar Agent Recently, Guinness World Records (GWR) recognized Caballero as the world's most productive real estate agent. He holds the official GWR title for "Most annual home sales transactions through MLS by an individual sell side real estate agent." Unlike most top-producing agents who work in major cities on the East and West Coasts, Caballero's home sales are all in Texas. His business serves communities throughout Austin, Houston and San Antonio as well as his hometown market of Dallas-Fort Worth. By the numbers, market-by-market Last year, Caballero was also the first individual agent ever to sell more than $1 billion in home sales within a single market. In 2017, Caballero sold 3,035 homes in the Dallas-Fort Worth market, with sales totaling $1,200,477,303. The average home price in Dallas-Fort Worth of homes Caballero sold was $395,544. In Houston, he sold 836 homes in 2017, with sales totaling $328,425,587. The average home price in Houston of homes Caballero sold was $392,854. In Austin, Caballero sold 733 homes, with sales totaling $304,443,584. The average home price in Austin of homes Caballero sold was $416,475. In San Antonio, he sold 165 homes, with sales totaling $66,358,873. The average home price in San Antonio of homes Caballero sold was $402,175. What is not included in Caballero's final tally are the inside sales he handled for two large volume builders. He listed and sold an additional 597 new homes for these two builders with a sale volume that totaled $213,715,517. How does Caballero do it? By using the HomesUSA.com platform he created, Caballero leverages online technology to achieve his unprecedented sales volume. Nearly all his transactions are for home builders, which is different than those of most other top-producing agents. HomesUSA.com's cloud-based listing management and marketing platform streamlines the MLS listing process and speeds up sales for home builders. Agents receive data with improved accuracy, which increases their ability to sell new homes to consumers. Faster sales increase builder profitability. About Ben Caballero and HomesUSA.com Ben Caballero is the world's most productive real estate agent, as recognized by Guinness World Records. Top-ranked in the U.S. by REAL Trends since 2013, as advertised in The Wall Street Journal, he is the only agent to exceed the $1 billion in residential sales transactions, a feat first achieved in 2015 and repeated each year since. An award-winning innovator, Caballero is the founder and CEO of HomesUSA.com® Inc., working with more than 60 home builders in Dallas-Fort Worth, Houston, Austin and San Antonio. Learn more at HomesUSA.com.
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MRED President/CEO Rebecca Jensen Inducted into REALTORS Political Action Committee Hall of Fame
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Real Estate Agent Ben Caballero Named Guinness World Record Holder
DENVER, May 16, 2018 -- America's number one ranked real estate agent, Ben Caballero of Addison, Texas, just became the number one real estate agent in the world, according to Guinness World Records. At the REAL Trends "Gathering of Eagles" conference in Denver today, Caballero was recognized as the first real estate agent ever to be recognized by Guinness World Records (GWR) for home sales, for having sold 3,556 verified homes in a single year. "Being named a Guinness World Record holder is truly the highlight of my professional career," said Ben Caballero, who continues year-after-year to exceed his own record-setting home sales performance. "It's incredible that, until now, no real estate agent has ever been recognized for setting a world record for home sales. I am honored" he said. The record – listed on the Guinness website – reads: "Most annual home sales transactions through MLS by an individual sell side real estate agent" The most annual home sales transactions through MLS by an individual sell side real estate agent in a single year is 3,556 and was achieved by Ben Caballero (USA) in Dallas, Texas, in 2016. The research was conducted by REAL Trends, based on annual home sale transactions from the year ending 2016. MLS stands for multiple listing services." A sell-side real estate agent is defined as the listing agent. Record-breaking firsts In 2016, the most recent year all transaction data was available from REAL Trends, Caballero sold 3,556 homes, which was seven times more homes than his closest competitor (467 homes). His home sales that year totaled a new individual real estate agent sales record of $1.444 billion, breaking Caballero's previous record of $1.022 billion; set in 2015 for 2,491 sales when he became the world's first "Billion Dollar Real Estate Agent." "For years, our rankings have recognized the accomplishments of thousands of real estate professionals, but no one came close to achieving what Ben has," said Steve Murray, president of REAL Trends. "Recognition of Ben's achievements by Guinness World Records is truly amazing," he added. REAL Trends ranks the top sales professionals in the United States by transaction sides and sales volume. Caballero has appeared at the top of both REAL Trends "The Thousand" lists for both Individuals by Transaction Sides and Individuals by Sales Volume for since 2013. This ranking is published midyear, annually in The Wall Street Journal and requires independent third-party verification. How Caballero does it Caballero does not cater to Wall Street titans of Manhattan or housewives of Beverly Hills. He is the broker/owner of HomesUSA.com, based in Addison, Texas, and specializes in new homes sales (even non-Texans) for 65 builders in Dallas-Ft. Worth, Houston, Austin, and San Antonio. Caballero invented the HomesUSA.com platform, an innovative online technology for builders that allows him to achieve these remarkable numbers. "Ben is a customer service specialist," said Chris Hartley, VP of Sales and Marketing with Dunhill Homes, a leading homebuilder based in Dallas. "His unique contributions to our Realtor sales and marketing efforts are a tremendous asset to the company. Dunhill Homes is honored to be a part of this historic Guinness World Record!" HomesUSA.com's cloud-based MLS listing management and marketing platform deliver many direct and indirect benefits to builders by streamlining and speeding up many important activities for homebuilders. Builders can quickly provide accurate data, dramatically increasing their credibility in the marketplace. Billions in sales From 2010 to 2016, Caballero's total home sales volume totaled $7.2 billion. To put his 2016 new home sales numbers in perspective, Caballero sold an average of more than 68 homes per week; nearly 10 homes/ day, every day of the week -or more than one-and-a-half sales every business hour. Caballero was a builder for 18 years and became a real estate agent at the age of 21. He developed his online platform in 2007. Builders interested in learning about Caballero's services can contact HomesUSA.com directly at (800) 856-2132 x300 or email [email protected] About Guinness World Records GUINNESS WORLD RECORDS (GWR) is the global authority on record-breaking achievement. First published in 1955, the iconic annual Guinness World Records books have sold over 138 million copies in over 20 languages and in more than 100 countries. Additionally, the Guinness World Records: Gamer's Edition, first published in 2007, has sold more than 5 million copies to date. Guinness World Records' worldwide television programs reach over 750 million viewers annually and more than one million people subscribe to the GWR YouTube channel, which enjoys more than 300 million views per year. The GWR website receives 21 million visitors annually, and over 12 million fans on Facebook. About Ben Caballero and HomesUSA.com Ben Caballero is the world's most productive real estate agent, ranked No. 1 in America for the since 2013, according to REAL Trends as published in the Wall Street Journal. He is the first and only agent in U.S. history ever to exceed the $1 billion mark for residential sales transaction volume in a single year, accomplished in both 2015 and 2016. An award-winning innovator, Caballero is the founder and CEO of HomesUSA.com®, Inc., working with more than 65 home builders in Dallas-Fort Worth, Houston, Austin and San Antonio. Learn more at HomesUSA.com.
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Realtors Offer Support for Proposed Association Health Plan Rule
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ATTOM Data Solutions Acquires Onboard Informatics, Adding Best-In-Class Nationwide Neighborhood Data
New Data Features Neighborhood Boundaries, Schools, Crime, Amenities, Commuter Times; Combined with ATTOM Tax, Deed, Mortgage & Foreclosure Records in One-Stop Data Shop IRVINE, Calif., Feb. 15, 2018 -- ATTOM Data Solutions, curator of the nation's premier property database, today announced it has acquired Onboard Informatics, the leading provider of neighborhood data and data-enabled turnkey products to the real estate industry. "Onboard has a long and accomplished track record as an innovator in enhancing and democratizing neighborhood data assets, paralleling our own mission of powering real estate transparency," said Rob Barber, CEO at ATTOM Data Solutions. "This acquisition will benefit existing customers of both companies — and the entire marketplace — by providing complementary datasets in a one-stop data shop." Onboard's neighborhood data is being integrated into the ATTOM Data Warehouse, which blends property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties. A persistent, unique ID assigned to every property record in the ATTOM Data Warehouse — the ATTOM ID — will be used to link the new Onboard neighborhood data with all other datasets, and the combined data will be available through ATTOM's flexible delivery solutions, including bulk file license, APIs and customized reports. "This acquisition by ATTOM will enable Onboard's customers to conveniently access robust tax, deed and mortgage data, that, when combined with Onboard's neighborhood data, completes the full property data picture needed to improve decision-making, increase lead generation and grow revenue," said Marc Siden, CEO and Co-founder of Onboard Informatics. Founded 15 years ago, Onboard Informatics fuels sales and feeds decision-making for some of the largest U.S. brands, including Century 21, Coldwell Banker and Weichert. Its data products include area data (neighborhood, metro and residential boundaries along with school attendance zones), point of interest data (restaurants, banks, shopping and more), and community data (crime, population, education, weather and commuter times). "Not only will our customers now be able to access a broader set of property-related data from one vendor, they'll also have more flexible options for consuming that data through the various ATTOM data delivery solutions including the ability to consume neighborhood data as bulk files," said Jonathan Bednarsh, president and co-founder of Onboard Informatics. About ATTOM Data Solutions ATTOM Data Solutions blends property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties multi-sourced from more than 3,000 U.S. counties. A rigorous data management process involving more than 20 steps validates, standardizes and enhances the data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. With more than 29.6 billion rows of transactional-level data and more than 7,200 discrete data attributes, the 9TB ATTOM data warehouse powers real estate transparency for innovators, entrepreneurs, disrupters, developers, marketers, policymakers, and analysts through flexible delivery solutions, including bulk file licenses, APIs and customized reports. About Onboard Informatics Onboard Informatics helps clients increase sales by engaging customers with local content. Since 2001, top real estate, media, financial and technology companies have used the intelligent local information aggregated by Onboard to improve their business, enhance their websites, build better applications, and engage their customers. Businesses from nearly every sector with a need for quality, consolidated, intelligent local information turn to Onboard.
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CoreLogic Expands Access to Natural Hazard Reports in California
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Constellation Software Real Estate Group Acquires Real Estate Digital LLC from Xome Holdings LLC
The acquisition further expands CSRE's market present in the real estate industry, now providing sales, marketing, and transaction solutions for over half a million agents, brokerages, and franchises across U.S. and Canada. BELLEVUE, WASH. (FEBRUARY 01, 2018) - Constellation Software Real Estate Group (CSRE), a leading provider of scalable SaaS products in the real estate industry, announced today that it has acquired Real Estate Digital from Xome Holdings LLC, excluding its reDataVault product of which Xome will retain ownership. Real Estate Digital, an integrated technology provider of real estate business management and marketing software, provides solutions for franchises, brokers, agents and Multiple Listing Services. The acquisition further expands CSRE's market presence in the real estate industry, now providing sales, marketing, and transaction solutions for over half of a million real estate agents, brokerages, and franchises across the U.S. and Canada. The purchase of Real Estate Digital fits into CSRE's strategy of investing in proven vertical market software solutions with a focus on strong products and long-term customer relationships. "Real Estate Digital is a great fit within our portfolio of real estate software and marketing offerings," states Scott Smith, President of Constellation Software Real Estate Group. "They have a demonstrated commitment to their customers through products and service and have a proven track record in delivering for their clients. As we continue to grow our real estate software portfolio and focus on more long-term customer relationships, we're excited to welcome Real Estate Digital to the Constellation Software Real Estate Group." "Constellation has a proven history of supporting and growing its many software companies, and the Real Estate Digital team looks forward to leveraging that experience to increase service levels to our customers," said Rich Lull, General Manager of Real Estate Digital. "We see this as an opportunity to refine our focus on our business of helping real estate franchises, brokers, agents, MLSs and the consumers they touch." Following the purchase of the Relocation Specialist (ReloSpec) business in November 2017, the purchase of Real Estate Digital marks CSRE's second acquisition in the past six months. Real Estate Digital brings some of the industry's largest enterprises to the CSRE family; serving hundreds of brokers, over 200,000 agents, and touches millions of consumers every month. About Constellation Software Real Estate Group Constellation Software Real Estate Group acquires and invests in real estate software brands that are committed to providing long-term solutions and partnerships with franchises, brokers, agents, MLSs, and associations. Today, CSRE provides a suite of market-leading technology solutions designed specifically for the real estate industry through its brands: Market Leader, Constellation Web Solutions, Sharper Agent, Zurple, Z57, Diverse Solutions, Birdview, ReloSpec, and now Real Estate Digital. Over half of a million real estate agents, teams, and brokerages across North America rely on CSRE's products and services to power, manage, and grow their businesses. http://csiregroup.com About Real Estate Digital Real Estate Digital, based out of Aliso Viejo, CA, is a provider of integrated technology, media, and data solutions for real estate franchisors, brokerages, agents and MLS associations. Real Estate Digital products improve profitability, increase efficiency, and manage risk at every stage of the sales cycle, specializing in transaction and data management, customer relationship management, and website solutions. https://realestatedigital.com v
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Welles Bowen Realtors Joins Forces with Howard Hanna Real Estate
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Redfin Real Estate Agents Earned More than Double that of Traditional Agents in 2017
Redfin Agents Also Received Comprehensive Healthcare Benefits, Paid Time Off, Parental Leave and Growth Opportunities SEATTLE, Jan. 25, 2018 -- Redfin, the next-generation real estate brokerage, today issued a report detailing how much its real estate agents earn compared to the rest of the real estate industry, and compared to other professions. The report also outlines the other benefits of working at the company, including comprehensive benefits and opportunities for advancement. Redfin agents also share the mission of all company employees--to redefine real estate in the consumer's favor. "The only way to deliver the best service is to employ the best agents," said Redfin CEO Glenn Kelman. "At every Redfin board meeting, the first issue we address is what Redfin is doing to be the best employer in real estate. Every year we try to get better, through investments in technology, support staff and culture, but also by paying people well." The report finds that Redfin agents who worked nine months or more in 2017 earned a median income of $90,166, including salary, bonuses and stock-based compensation. This is compared to $43,625 for traditional real estate agents who closed between three and 150 deals in 2017, in the same markets Redfin serves. Redfin agents in the 85th percentile earned a median income of $153,017, compared to a median of $119,986 for the 85th percentile of traditional agents in the same markets. In addition, Redfin pays an average of just under $20,000 per agent per year on benefits and other expenses. Traditional real estate agents pay for all of this out of their own pockets, as well as self-employment taxes. *Includes Redfin agents who worked at least nine months between January and December 2017, and traditional agents who closed between three and 150 transactions during the same time period. The report also includes details about the work experience at Redfin and examples of how people have built their careers at the company. For example, Redfin agents work directly with software developers to create tools and technology that make their jobs easier and more efficient. Redfin agents are also supported by professional teams within the company that field customer inquiries, coordinate logistics and manage paperwork of a sale. To read the full report, which also shows how Redfin-agent pay compares to other professions, and the education levels of Redfin agents, click here. About Redfin Redfin is the next-generation real estate brokerage, combining its own full-service agents with modern technology to redefine real estate in the consumer's favor. Founded by software engineers, Redfin has the country's #1 brokerage website and offers a host of online tools to consumers, including the Redfin Estimate, the automated home-value estimate with the industry's lowest published error rate for listed homes. Homebuyers and sellers enjoy a full-service, technology-powered experience from Redfin real estate agents, while saving thousands in commissions. Redfin serves more than 80 major metro areas across the U.S. The company has closed more than $50 billion in home sales.
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Gary Keller Tops Rankings on the SP200
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Realogy Makes Key Organizational Changes
Realogy Enters 2018 Focused on Transforming the Company MADISON, N.J., Jan. 5, 2018 -- Realogy Holdings Corp., the largest full-service residential real estate services company in the United States, today made several key organizational and executive leadership changes across its business units. "We begin 2018 with an industry-leading market position, great brands, and technology/data scale," said Ryan Schneider, Realogy's Chief Executive Officer and President. "The organizational changes we are making today are designed to accelerate our transformation and position our company for stronger business performance."Schneider continued: "Our immediate focus is on the highest points of leverage within the company to drive better business results, develop talent and operate the company on a more integrated basis. We expect to drive our business forward and enhance shareholder value with an aggressive strategy serving and supporting agents, increasingly leveraging technology and data, and utilizing the power of our great brands." Toward those objectives, the Company has made the following organizational changes: Ryan Gorman was named President and Chief Executive Officer of NRT LLC, and will be responsible for the day-to-day operations of NRT's company-owned brokerages doing business under the Coldwell Banker® brand. Gorman has served as Chief Strategy & Operating Officer of NRT for the past 16 months and as its Senior Vice President, Strategic Operations for the previous four years. Bruce Zipf, the former President and Chief Executive Officer of NRT, has transitioned to the role of Executive Advisor to Realogy's CEO. John Peyton, President and Chief Executive Officer of Realogy Franchise Group, the Company's real estate franchise services segment, will expand his responsibilities to include oversight of two NRT businesses: the Corcoran® businesses and the company-owned Sotheby's International Realty® brokerages. Realogy expects to announce the appointment of an Executive Vice President, Chief Technology Officer in the next week, replacing Stephen Fraser, who previously served as Senior Vice President and Chief Information Officer. Realogy has launched a search for a new President and Chief Executive Officer of Cartus Corporation, the Company's relocation and affinity services segment. Kevin Kelleher, the former President and Chief Executive Officer of Cartus, has transitioned to the role of Executive Advisor to Realogy's CEO. Scott Becker, who currently leads Cartus' affinity business, will serve as the interim leader for Cartus. "I am incredibly confident Ryan Gorman and John Peyton are well-positioned to assume expanded leadership roles," said Schneider. "In addition, I am equally excited about the leadership our new Chief Technology Officer will bring to Realogy." "Bruce Zipf and Kevin Kelleher helped build NRT and Cartus into the companies they are today," added Schneider. "We thank them for their decades of leadership within our company. Likewise, we thank Stephen Fraser for strengthening our information technology resources and infrastructure over the past three years." Schneider concluded: "The intent of these organizational changes is to drive better results while accelerating the pace of change required to transform our company. We are moving forward quickly." About Realogy Holdings Corp. Realogy Holdings Corp. (NYSE: RLGY) is a leading provider of residential real estate services that is focused on empowering independent sales agents to best serve today's consumers. Realogy delivers its services through its well-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, Sotheby's International Realty® as well as NRT, Cartus, Title Resource Group and ZapLabsSM, an in-house innovation and technology development lab. Realogy's fully integrated business model includes brokerage, franchising, relocation, mortgage and, title and settlement services. Realogy provides independent sales agents access to leading technology, best-in-class marketing and learning programs, and support services to help them become more productive and build stronger businesses. Realogy's affiliated brokerages operate around the world with approximately 192,600 independent sales agents in the United States and approximately 94,000 independent sales agents in more than 100 other countries and territories. Realogy is headquartered in Madison, New Jersey. Realogy Enters 2018 Focused on Transforming the Company MADISON, N.J., Jan. 5, 2018 /PRNewswire/ -- Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, today made several key organizational and executive leadership changes across its business units. "We begin 2018 with an industry-leading market position, great brands, and technology/data scale," said Ryan Schneider, Realogy's Chief Executive Officer and President. "The organizational changes we are making today are designed to accelerate our transformation and position our company for stronger business performance." Schneider continued: "Our immediate focus is on the highest points of leverage within the company to drive better business results, develop talent and operate the company on a more integrated basis. We expect to drive our business forward and enhance shareholder value with an aggressive strategy serving and supporting agents, increasingly leveraging technology and data, and utilizing the power of our great brands." Toward those objectives, the Company has made the following organizational changes: Ryan Gorman was named President and Chief Executive Officer of NRT LLC, and will be responsible for the day-to-day operations of NRT's company-owned brokerages doing business under the Coldwell Banker® brand. Gorman has served as Chief Strategy & Operating Officer of NRT for the past 16 months and as its Senior Vice President, Strategic Operations for the previous four years. Bruce Zipf, the former President and Chief Executive Officer of NRT, has transitioned to the role of Executive Advisor to Realogy's CEO. John Peyton, President and Chief Executive Officer of Realogy Franchise Group, the Company's real estate franchise services segment, will expand his responsibilities to include oversight of two NRT businesses: the Corcoran® businesses and the company-owned Sotheby's International Realty® brokerages. Realogy expects to announce the appointment of an Executive Vice President, Chief Technology Officer in the next week, replacing Stephen Fraser, who previously served as Senior Vice President and Chief Information Officer. Realogy has launched a search for a new President and Chief Executive Officer of Cartus Corporation, the Company's relocation and affinity services segment. Kevin Kelleher, the former President and Chief Executive Officer of Cartus, has transitioned to the role of Executive Advisor to Realogy's CEO. Scott Becker, who currently leads Cartus' affinity business, will serve as the interim leader for Cartus. "I am incredibly confident Ryan Gorman and John Peyton are well-positioned to assume expanded leadership roles," said Schneider. "In addition, I am equally excited about the leadership our new Chief Technology Officer will bring to Realogy." "Bruce Zipf and Kevin Kelleher helped build NRT and Cartus into the companies they are today," added Schneider. "We thank them for their decades of leadership within our company. Likewise, we thank Stephen Fraser for strengthening our information technology resources and infrastructure over the past three years." Schneider concluded: "The intent of these organizational changes is to drive better results while accelerating the pace of change required to transform our company. We are moving forward quickly." About Realogy Holdings Corp.Realogy Holdings Corp. (NYSE: RLGY) is a leading provider of residential real estate services that is focused on empowering independent sales agents to best serve today's consumers. Realogy delivers its services through its well-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, Sotheby's International Realty® as well as NRT, Cartus, Title Resource Group and ZapLabsSM, an in-house innovation and technology development lab. Realogy's fully integrated business model includes brokerage, franchising, relocation, mortgage and, title and settlement services. Realogy provides independent sales agents access to leading technology, best-in-class marketing and learning programs, and support services to help them become more productive and build stronger businesses. Realogy's affiliated brokerages operate around the world with approximately 192,600 independent sales agents in the United States and approximately 94,000 independent sales agents in more than 100 other countries and territories. Realogy is headquartered in Madison, New Jersey.
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RE Technology's Top 10 Articles of 2017
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eXp Realty Surpasses 6,000 Real Estate Agents Across North America
Now Largest Residential Real Estate Brokerage by Geography in U.S. BELLINGHAM, WASH. — Dec. 5, 2017 — eXp Realty, LLC, the agent-owned cloud brokerageⓇ and a subsidiary of eXp World Holdings, Inc., today announced that the company surpassed 6,000 real estate agents across North America. This important company milestone represents 172 percent growth from the same time last year. Since the beginning of the year, the number of agents who joined the eXp Realty family more than doubled. During November, the company launched two additional markets — Mississippi and North Dakota, making eXp Realty the largest residential real estate brokerage by geography in the United States. "This has been an outstanding year so far for eXp Realty. We reported three quarters of record revenue growth, more than doubled our agent count and expanded to cover 45 U.S. states, which catapulted us to the single largest residential real estate brokerage by geography in the United States," said Glenn Sanford, eXp World Holdings CEO, chairman and founder. "None of these achievements would be possible without our fantastic agents, brokers and staff who share their enthusiasm about this great company every day." With a focus on innovation, eXp Realty is changing the way that agents, brokers and consumers work together. eXp Realty's virtual office environment, compared to the traditional real estate office, allows agents to collaborate and learn together — no matter where they might be located. The company's family of agents build their own businesses while having the opportunity to also establish a direct ownership in the company. About eXp Realty eXp Realty, LLC, the Agent-Owned Cloud Brokerage®, is a subsidiary of eXp World Holdings, Inc. (OTCQB: EXPI). eXp Realty (exprealty.com) is changing the way that agents, brokers and consumers work together in an adaptive, sustainable environment. It is an agent-designed and agent-owned company. As the leading, international, cloud-based real estate brokerage, eXp Realty provides 24/7 access to collaborative tools, training and socialization for real estate brokers and agents through its virtual campus environment. It is one of the fastest growing real estate brokerage firms in North America with more than 6,000 agents in 45 U.S. states, the District of Columbia and the provinces of Alberta and Ontario, Canada. As a publicly traded company, eXp World Holdings, Inc. uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth. For more information, please visit the company's website at www.eXpRealty.com.
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Constellation Web Solutions, Inc. Acquires Relocation Service, ReloSpec
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With National Flood Insurance Program Expiring Soon, Realtors® Sound the Alarm
WASHINGTON (September 5, 2017) – The National Flood Insurance Program is now less than one month away from expiration, raising concerns that homeowners, consumers, and commercial property owners could soon find themselves either unprotected or unable to get a mortgage. In July, the National Association of Realtors® announced it had reached an agreement with the U.S. House Financial Services Committee on key legislation to reauthorize and reform the NFIP with important modifications to retain grandfathering and reduce rate increases. The move offered hope that reauthorization could win swift approval, but with less than a month left before the program expires, real estate professionals say time is running short. NAR President William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties, believes that Congress needs to take swift action on a short-term extension of the program so they can continue work on the 21st Century Flood Reform Act. He issued the following statement: "The country has been here before, and we know what happens if the National Flood Insurance Program expires. Homebuying activity grinds to a halt, to the tune of 40,000 lost or interrupted sales every month. Meanwhile, existing homeowners as well as commercial entities may find their largest asset unprotected if the Federal Emergency Management Administration can't renew NFIP policies that expire. "Consumers and homeowners alike deserve certainty. With Congress returning from August recess today, extending the NFIP to avoid a lapse should be a top priority. "Doing so will afford Congress the time necessary to finish work reforming and reauthorizing the program. The House Financial Services Committee has passed vital, long-term reauthorization legislation, which would strengthen the NFIP. These critical reforms are a long time coming, and we look forward to working with the House and Senate pass the 21st Century Flood Reform Act once the threat of a lapse has been addressed." The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.
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Century 21 Real Estate Names Nick Bailey as President and CEO
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Clareity Security Solutions Now Part of CoreLogic Real Estate Solutions Suite
Technology Provides Seamless Authentication Across Multiple Platforms IRVINE, Calif., August 2, 2017—CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, announced today that the company has added Clareity Security software solutions to its suite of Real Estate Solutions products. This addition expands the range of CoreLogic technology services to Multiple Listing Organizations and Associations in North America as well as product offerings for brokerages and their agents. Clareity® is identified as an industry leader in secure identity and access management. Serving over eight hundred fifty thousand real estate professionals daily delivering over two hundred fifty application and service integrations. Clareity's flagship product, SAFEMLS®, has been serving multiple listing organizations for a dozen years and its popular, custom-branded dashboard platforms serve hundreds of multiple listing organizations, associations, and brokerages across North America and will now do so using the CoreLogic solutions. All Clareity products and services are now part of CoreLogic, including their software solutions for secure authentication; single-sign-on (SSO); integration and workflow automations; secure messaging and communication; content management and business intelligence. "The Real Estate industry is full of visionary tech companies driving all of us forward," said Chris Bennett, executive leader of Real Estate Solutions for CoreLogic. "Every day, a cutting-edge app or web service is introduced to agents and brokers to help them find and serve customers. The addition of Clareity solutions to the CoreLogic Real Estate Solutions suite helps tech companies deliver those innovative tools to users more transparently. We think our mutual cultures of commitment to moving our industry forward through innovation is a terrific catalyst for the benefit of our customers." Gregg Larson, founder and CEO of Clareity, who will be joining the CoreLogic executive team states, "We're thankful for our employees, customers, and integration partners for their continued trust in Clareity. We're confident that CoreLogic's dedication to customer centered innovation will help fuel the growth and enhancement of the Clareity line of solutions." About CoreLogic CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled solutions provider. The company's combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.
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eMerge welcomes new Director of Marketing, Melissa McHone
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Realtor.com® Appoints Danielle Hale as Chief Economist
SANTA CLARA, Calif., July 25, 2017 -- Realtor.com®, a leading online real estate destination operated by News Corp subsidiary Move, Inc., today announced the appointment of veteran housing economist Danielle Hale as its chief economist. "We are incredibly proud to welcome Danielle to the realtor.com® family," said Nate Johnson, chief marketing officer for realtor.com®. "Danielle's in-depth housing market knowledge and research experience will help us hone and grow our research capabilities so we can leverage realtor.com®'s vast housing database to provide even more insights to homebuyers, sellers and dreamers, and professionals." As chief economist, Hale is responsible for developing and translating real estate trend data into consumer and industry insights. She also is tasked with leading a team of the industry's best analysts and economists with the goal of providing deeper and broader housing insights to people throughout the home journey. "Realtor.com®'s economics and research operation has emerged as a leading resource for valuable, actionable, and reliable housing market information," said Hale. "I look forward to working with the tremendously talented team to provide consumers and industry professionals with the tools and expertise they need to navigate the real estate world during this period of unprecedented competition and demand." Hale joins realtor.com® after nearly a decade as an economist and policy researcher at the National Association of REALTORS®. As managing director of housing research, Hale oversaw the production of closely followed housing market data, including NAR's monthly pending and existing home sales indices and quarterly home price reports. Hale previously served as manager of tax policy research, leading research projects on topics including how federal, state and local policies impact the real estate market. "Danielle possesses a rare talent for applying rigorous statistical analysis in all her work along with the ability to communicate the results to everyday people," said Lawrence Yun, chief economist for the National Association of REALTORS®. "She will be a valuable asset to realtor.com® and for consumers." Before joining the National Association of REALTORS® as an economist in 2008, Hale spent three years at the American Enterprise Institute, where she produced research and managed its executive office's communications. Her work during that time included research contributions to Dr. Allan Meltzer's A History of the Federal Reserve, Volume II (University of Chicago Press, 2010). Hale earned a bachelor's degree in International Affairs and Economics and a master's degree in Applied Economics from Florida State University. To read a Home Made post featuring a Q&A with Danielle Hale, click here. About realtor.com® Realtor.com® is the trusted resource for home buyers, sellers and dreamers, offering the most comprehensive source of for-sale properties, among competing national sites, and the information, tools and professional expertise to help people move confidently through every step of their home journey. It pioneered the world of digital real estate 20 years ago, and today helps make all things home simple, efficient and enjoyable. Realtor.com® is operated by News Corp [NASDAQ: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. under a perpetual license from the National Association of REALTORS®. For more information, visit realtor.com®.
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Nothnagle Realtors and RealtyUSA Become Howard Hanna Real Estate Services
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Leading Real Estate Companies of the World® Announces 26 New Members For 2017 Midyear
Global real estate community continues to see strong network growth CHICAGO – (7/17/17) – For the first half of 2017, Leading Real Estate Companies of the World® (LeadingRE) continued to see expansion with the addition of 26 market-leading real estate firms in nine countries, increasing the network’s coverage to more than 565 firms across six continents with a total of over 130,000 associates. Top-performing firms were added in the Republic of Korea, Russia, Italy, Portugal, Canada, Central America and the United States. These firms were selected for membership in LeadingRE’s invitation-only real estate community based on their market leadership and commitment to quality. As members of Leading Real Estate Companies of the World®, they have access to an international referral network that generates over 30,000 referrals annually, award-winning professional development programs, robust marketing programs, unique events and exposure to opportunities worldwide. “Our network continues to expand as we bring on noteworthy firms representing the highest levels of knowledge, sales volume, and independent spirit that characterize members of Leading Real Estate Companies of the World®,” said LeadingRE President and CEO Pam O’Connor. “We look forward to welcoming many of these members at our Global Symposium in Vienna September 24-26.” Companies joining from the EMEA region of Europe/Middle East/Africa include: ADVECS Real Estate Corporation, St. Petersburg, Russia; Formicola Servizi Immobiliari, Napoli, Italy; Inmobiliaria ASTEN Tenerife, SL, Tenerife, Spain; Mallorca Gold, Palma de Mallorca, Spain; One Select Properties, Almancil, Portugal; and VOC International, Amsterdam, Netherlands. In the Asia Pacific region, LeadingRE welcomed Korea Global Realty. Ltd, Seoul, Republic of Korea. Additions in the Latin and Central American region include Keys Bahamas realty Ltd, Freeport, Grand Bahamas and Costa Luxury Properties, Cancun, Mexico. New U.S. firms include: Amherst Madison Legacy Real Estate, Boise, Idaho; Bluebird Real Estate, Crested Butte, Colo.; CBSHome, Omaha, Neb.; Home Advantage Realty, Columbia S.C.; Jackson Hole Real Estate Associates, Jackson, Wyo.; Kinlin Grover Real Estate, Osterville, Mass.; Ming Tree Realtors, Eureka, Calif.; Pacific Union, San Francisco, Calif.; Page Taft Real Estate, Guilford, Conn.; Premier Homes & Properties, Kingsport, Tenn.; Ramus Realty, Pottsville, Penn.; Randall Realtors, Charlestown, R.I.; Southern Properties Agency, Fort Payne, Ala.; Strand Hill Properties, Manhattan Beach, Calif.; Weichert Realtors – First Tier, Columbia, Mo.; and Woods Bro Realty Inc./HOME Real Estate, Lincoln, Neb. Joining the network from Canada is TrilliumWest Real Estate Brokerage in Guelph, Ontario. To learn more about Leading Real Estate Companies of the World®, visit www.LeadingRE.com. About Leading Real Estate Companies of the World® Leading Real Estate Companies of the World® is a selective global community of the highest quality independent real estate companies, with over 565 companies and 130,000 sales associates in 65 countries. Network members generate over 1.1 million transactions annually, with $368 billion in home sales. LeadingRE exists to make its members better by connecting them to opportunities and people around the globe, supporting them with an international referral network, professional development programs, unique events and connections to people and opportunities worldwide.
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Crye-Leike Expands Outside Continental United States
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Century 21 Ranks Highest in Total Brand Awareness in Real Estate for 19th Consecutive Year
Madison, N.J. 07-13-2017 — The results are in and the CENTURY 21® brand is once again the top real estate brand for consumers, exceeding its competitors on total brand awareness for the 19th consecutive year and boasting the most established brand image, according to a recently released 2017 Millward Brown consumer survey. When presented with a list of real estate agencies, total awareness of the iconic CENTURY 21 brand was 94%, notably higher than the nearest competitor at 89%. Consumers also selected the CENTURY 21 System as the most recognized name in real estate (32%), easily besting the nearest competitor at 27%. Consumers rated trust, knowledge and effectiveness of agents, and recommendation as the most influential factors in choosing an agent or agency. "These results from a third-party global market research firm cement our status as the leading real estate brand and speak to the success of our broker franchise network in helping consumers realize the dream of homeownership," said Greg Sexton, chief operating officer, Century 21 Real Estate LLC. "We are extremely proud to once again receive this recognition, which validates our System's dynamic growth and the success of our independently owned and operated offices and their brokers and sales associates." As online communications and awareness of online real estate competitors continue to grow and offer consumers more sources and options in selecting a real estate agency, the CENTURY 21 brand has followed suit in raising brand awareness through digital and TV advertising, the survey found. The CENTURY 21 brand's "Not An App" ad connected more strongly with consumers to drive more appeal for the brand whereas "Good Luck Robots" was perceived as a more entertaining ad. The survey also found that the CENTURY 21 brand is the leader in being recognized as the official sponsor of the U.S. Soccer Team and received top recognition for advertising in the NCAA Men's Basketball Tournament and as a national philanthropic partner of Easterseals. "This recognition comes during an exciting time as we continue to leverage our agent-centric platform, national marketing programs, proprietary online tools and key sponsorships to raise System member awareness, "added Sexton. "What we do is maximize new business opportunities in an effort to assist our System members help home buyers and sellers make informed real estate decisions that in turn instill trust and loyalty in our professionals and our brand." About the 2017 Millward Brown Demographic Ad Tracking Study The survey results are based on online interviews with 1,200 consumers with a national random sample of adults (ages 18+) who are equal decision makers in real estate transactions and active in the real estate market (bought or sold a home within the past two years or, plan to purchase or sell a home within the next two years). Brand awareness question based on a sample of 1,200 respondents. Recognition question based on consumers aware of brand. Results are significant at a 90% confidence level, with a margin of error of +/-2.4%. The study was conducted by Millward Brown, a leading global market research organization, from April 12- April 26, 2017. About Century 21 Real Estate LLC Century 21 Real Estate LLC is comprised of approximately 7,400 independently owned and operated franchised broker offices in 78 countries and territories worldwide with more than 111,000 independent sales professionals. Century 21 Real Estate has numerous websites to help answer specific consumer needs.
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REach® Technology Accelerator Named Among Best in Nation
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America's Favorite Home Inspector Dylan Chalk Wins National Book Award
"The Confident House Hunter" Earns Silver from National Association of Real Estate Editors Seattle, WA – July 11, 2017 – Seattle area home inspector and first-time author Dylan Chalk has won America's top contest for real estate authors, receiving the Silver Award from the National Association of Real Estate Editors (NAREE) 11th Annual Robert Buss Real Estate Book Awards for The Confident House Hunter: A Home Inspector's Tips for Finding Your Perfect House (Cedar Fort, Inc. Publishers, July 2016). The affable, story-telling Chalk, who has completed more than 6,000 home inspections, was honored during NAREE's annual conference at its Robert Bruss Real Estate Book Awards luncheon in Denver. "I believe I have written a breakthrough book that transforms the way people look at houses; it can really help people get prepared for home buying and selling in today's fast paced market," said Chalk. "Having The Confident House Hunter win a top award from the oldest and most reputable real estate journalist group in the nation – while being surrounded by the who's' who of real estate journalists – that is an affirmation of this work that is truly priceless," he added. The awards luncheon was packed with real estate journalists, including writers for the New York Times, Washington Post, Los Angeles Times, Wall Street Journal, Bloomberg, MarketWatch, Dallas Morning News, Newsday, Boston Globe, Houston Chronicle, Denver Post, Philadelphia Inquirer, Orlando Sentinel, Atlanta Journal Constitution, US News & World Report, and many more. In awarding Chalk and The Confident House Hunter, the team of professional judges said, "Chalk used an innovative approach to evaluate and organize home systems. The judges also noted that the book offers clear and helpful advice for anyone examining a home," said NAREE President, Michelle Jarobe of the Plain Dealer in Cleveland, when presenting Chalk with the Silver Award at the lunch. It is the second highest honor NAREE awards real estate authors annually. Chalk describes The Confident House Hunter as "an essential guide, especially for today's buyers searching for a home in today's intense real estate market. With high prices and short time frames to make critical decisions, this book provides detailed information on the way to look at a house and evaluate if this is the right house for you - and help you do that very quickly." Published by Cedar Fort, Inc., The Confident House Hunter is available on Amazon and available in local bookstores everywhere.
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America’s #1 Real Estate Agent Isn't from Manhattan or Beverly Hills, but Texas
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REAL Trends Announces 2017 The Thousand
DENVER, June 23, 2017 -- Today, REAL Trends Inc., in conjunction with The Wall Street Journal, published the 12th annual The Thousand list of America's top 1,000 real estate sales professionals and teams. An abridged list of the designees is published in today's edition of The Wall Street Journal and a complete listing is available online at www.realtrends.com/rankings/rt1000. REAL Trends The Thousand, as advertised in The Wall Street Journal, is an annual, national awards ranking sponsored by REAL Trends — the Trusted Source — and advertised in The Wall Street Journal. Designees are recognized as the top one-half of one percent of more than 1.25 million licensed real estate professionals nationwide. The Thousand is divided into four categories, each listing the top 250 designees: Individual Agent — Sales Volume; Individual Agent — Transaction Sides; Agent Team — Sales Volume and Agent Team — Transaction Sides. For the second year, REAL Trends has provided an additional ranking of the top 50 by average sales price for both individual agents and agent teams. These two categories offer an additional way to look at some of the top real estate professionals across the United States. "The real estate sales professionals ranked in The Thousand have proven that they have the skills to grow their businesses year after year," said Steve Murray, president of REAL Trends and publisher of The Thousand. "The average U.S. real estate professional sold 8.6 homes in 2016. The average agent ranked in The Thousand sold 192 homes and the average team sold over 470 homes. These kinds of results show that those who commit to being full-time professionals can build meaningful businesses and succeed beyond expectations. Achieving this level of results is simply incredible." The top five designees in each category of the 2017 REAL Trends The Thousand are: Individual Agent—Sales Volume Ben Caballero, HomesUSA.com, Inc., Addison, Texas Efi Luzon, Intero Real Estate Services, Los Altos, Calif. Alexa Lambert, Stribling & Associates, New York, N.Y. Erin Aries, Brown Harris Stevens, New York, N.Y. Mauricio Umansky, The Agency, Beverly Hills, Calif. Individual Agent—Transaction Sides Ben Caballero, HomesUSA, Inc., Addison, Texas Brian Bair, Bair Group/Liberty Properties, Gilbert, Ariz. Amy Wienands, Amy Wienands Real Estate, Waterloo, Iowa Monica Breckenridge, Pink Realty, Colorado Springs, Colo. Larry Magguilli, Hunt Real Estate ERA, Rochester, N.Y. Individual Agent—Average Sales Price Adam Kessner, Better Homes and Gardens Real Estate Rand Realty, White Plains, N.Y. Ann Dashiell, Douglas Elliman Real Estate, Beverly Hills, Calif. Nancy Chan, Berkshire Hathaway HomeServices California Properties, Pasadena, Calif. Becky Lee, Realogics Sotheby's International Realty, Kirkland, Wash. Jeremy Hu, Compass, New York, N.Y. Agent Team—Sales Volume The Creig Northrop Team, Long & Foster Real Estate, Inc., Clarksville, Md. The DeLeon Team, DeLeon Realty, Inc., Palo Alto, Calif. The Eklund Gomes Team, Douglas Elliman Real Estate, New York, N.Y. Halton Pardee + Partners, Inc., Halton Pardee + Partners, Inc., Venice, Calif. Ryan Serhant, Nest Seekers International, New York, N.Y. Agent Team—Transaction Sides Rhonda Duffy, Duffy Realty of Atlanta, Alpharetta, Ga. Mark Spain Real Estate, Mark Spain Real Estate, Alpharetta, Ga. The Creig Northrop Team, Long & Foster Real Estate, Inc., Clarksville, Md. Ryan O'Neill & The Minnesota Real Estate Team, RE/MAX Advantage Plus, Lakeville, Minn. Lucido Agency, Keller Williams Realty, Ellicott City, Md. Agent Team—Average Sales Price Samira Gores, Tiffany Martin & Christine Martin, The Agency, Beverly Hills, Calif. Petrie Team, Compass, East Hampton, N.Y. Zachary and Cody Vichinsky, Bespoke Real Estate, Water Mill, N.Y. Mary and Brent Gullixson, Alain Pinel Realtors, Menlo Park, Calif. Katherine Gauthier Team, Douglas Elliman Real Estate, New York, N.Y. "In total, this year's professionals in The Thousand closed 167,688 sides and sold more than $79 billion in 2016 — a new record for sales volume with a 9 percent increase over last year," said Murray. "It is incredible to consider that 1,000 sales professionals and teams could accomplish so much." METHODOLOGY REAL Trends The Thousand awards program was developed jointly by WSJ. Custom Studios and REAL Trends, a leading source of analysis and information for the residential real estate brokerage industry. The Thousand honors America's finest real estate professionals and their companies and is compiled and analyzed by REAL Trends. Rankings are compiled based on surveys from virtually every national branded network, state and local associations of Realtors®, multiple listing services, all applicants from past years' rankings, and the 900 largest brokerage firms in the United States. Verification from an independent source is required for all submissions. In addition, REAL Trends senior staff reviews every submission for completeness and accuracy. ABOUT REAL TRENDS REAL Trends has been The Trusted Source of news, analysis and information on the residential brokerage industry since 1987. The privately held publishing, consulting and communications company is based in Castle Rock, Colorado. Residential real estate leaders look to REAL Trends for timely and trusted information and analysis through its monthly newsletter, news updates, conferences and publications. In addition to creating research studies, REAL Trends is a leading provider of high-level business consulting services to the residential real estate industry. The firm provides a wide range of advisory services to local, regional and national real estate organizations. Areas of expertise include operational analysis, valuations, merger and acquisition advisory services, consumer and business research and strategic planning. For more information, visit www.realtrends.com or call 303-741-1000.
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Bob Goldberg Named CEO of National Association of Realtors®
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Moderne Passport Announces Spring 2017 Class
Moderne Ventures™ announced the admission of nine new companies into the latest class of its Moderne Passport™ program. The class was selected from a pool of more than 200 applicants based on their potential to impact the residential and multi-family spaces. CHICAGO, IL (JUNE 15, 2017) - Moderne Ventures™ announced the admission of nine new companies into the latest class of its Moderne Passport™ program. The class was selected from a pool of more than 200 applicants based on their potential to impact the residential and multi-family spaces. The companies in the Moderne Passport™ Spring 2017 class are: abode: The single platform for a truly connected and protected smart home Agentology: Lead engagement service that qualifies and refers leads 24/7 Baroo: Premium pet concierge for building owners, property managers, and their tenants CubiCasa: Digitally optimized 2D floor plans and 3D models for any property from any source Hello Alfred: Changing the way we live with a service that gives us back something we all need more of: time HelloTech: The most efficient, cost effective on-demand and in-home technology support service Hippo Insurance: Finally, home insurance done right. Smarter coverage, better prices, delivered instantly online. Homebot: The dynamic financial dashboard that transforms homeowners into wealth builders Preclose: Take the chaos out of the closing process with real-time visibility for everyone The immersive program helps companies to execute their go-to-market strategies and facilitates engagement with the Moderne Network™ – a group of over 400 investors and executives from market leading companies that are looking for innovative solutions to gain a competitive advantage for their businesses – to provide mentorship, pilot opportunities, and even acquisition potential for participants. Companies meet with Mentors approximately once per month at industry events across the country to showcase their products and services. The program kicked off last week at Realogy’s headquarters, where executives from the largest real estate company in the world provided guidance and mentorship to the new class. The program’s next event will take place at the National Apartment Association Education Conference in Atlanta later this month. About Moderne Ventures Moderne Ventures is a Chicago-based venture capital firm focused on early stage investments in the real estate, insurance, mortgage, home services, and finance industries. The firm also runs the Moderne Passport™, a seven-month long industry immersion program that provides participants direct engagement with the Moderne Network™, a group of 400+ tightly aligned LP's, executives, and influential leaders from the most notable businesses within our targeted industries. Learn more at http://www.ModerneVentures.com.
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MLS Industry Veteran Tom Beede to Retire in July
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HUD Kicks Off National Homeownership Month
"Find Your Place in a New Era of Homeownership" is theme for month-long recognition WASHINGTON - The Trump Administration proclaimed June as National Homeownership Month, a time to reflect upon the impact owning a home has on household wealth, neighborhood stability and the nation’s broader economic health. The theme of National Homeownership Month 2017 is “Find Your Place in a New Era of Homeownership.” Read the President’s Homeownership Month Proclamation. Today, U.S. Housing and Urban Development Secretary Ben Carson kicked off the month-long recognition by hosting an academic forum on the state of homeownership in the U.S. following the housing crisis, specifically the challenges Millennials face as they enter the market in greater numbers. “After all we’ve been through, homeownership remains an American value and the cornerstone of our economy,” said Secretary Carson. “Today, we recognize the abiding value of owning a home, and rededicate ourselves toward ensuring that every hardworking and credit-worthy American enjoys a fair chance at becoming a homeowner.” President Trump is committed to growing America’s middle class and strengthening the national housing market. The 2018 Budget continues to support homeownership through the Federal Housing Administration’s mortgage insurance programs, providing up to $400 billion in new loan guarantee authority. In addition, the Budget seeks $500 billion in new guarantee authority for Ginnie Mae, a part of HUD. Ginnie Mae makes affordable housing a reality for millions of low- and moderate-income households by channeling global capital into the nation's housing markets. Specifically, Ginnie Mae provides significant liquidity, allowing lenders to obtain a better price for their mortgage loans in the secondary mortgage market. The lenders can then use this liquidity to fund new mortgage loans. Since its creation in 1934, the Federal Housing Administration (FHA) has helped more than 46 million Americans purchase or refinance their homes. Last year alone, FHA insured more than 1.2 million home loans, totaling $245 billion. An estimated 40 percent of all first-time homebuyers use FHA; 47 percent of home purchases by African American households are FHA-insured borrowers; and nearly half of Hispanic homebuyers rely upon an FHA-insured mortgage to purchase their homes. Throughout Homeownership Month, HUD will host several social media events. Follow National Homeownership Month activities on Twitter at #FindYourPlace.
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Proxio Appoints Two Industry Veterans As Directors to Its Board
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Elm Street Technology Announces Strategic Acquisition of Consolidated Knowledge
GREENSBORO, NC--(May 23, 2017) - Today, Elm Street Technology (EST) announced the acquisition of Consolidated Knowledge, a technology platform provider to the residential real estate and multi-family industries. This acquisition is the next step in EST's ongoing efforts to consolidate the real estate industry's leading technology and marketing service providers. Today's announcement is the latest in a series of strategic moves EST has made in recent months to create a portfolio of marketing and technology products and services that, when integrated, offer a single technology solution providing lead generation to client retention services for agents, teams, brokers and others. Over the past several months, the company has acquired Listingbook, a leading MLS data powered CRM platform and RLS2000, a premier provider of IDX websites and social media marketing services. "The products that Consolidated Knowledge has developed have enabled the company to assemble a respectable portfolio of customers, including SRE Matrix in a short period of time" said Prem Luthra, President and CEO of EST. "We're excited about adding their customers, team and technologies to our rapidly growing enterprise." "Our team is excited to join the portfolio of EST's companies and I'm personally looking forward to joining such an experienced and well respected leadership team," said Lucas Haldeman, Founder and CEO of Consolidated Knowledge. "The current vendor landscape in the real estate industry is way too fragmented, causing extra work and unnecessary time investments from real estate professionals. EST is devoted to developing or acquiring all products and services under one roof that today's real state professional needs to grow their business." "Consolidated Knowledge has assembled a 'world-class' team of software and database engineers that have developed several platforms we're excited to introduce to our rapidly growing customer base," said Randall Kaplan, Chairman of EST. "By combining their engineering talent with our sales and marketing capabilities, we plan to rapidly expand the solutions we're offering to the real estate community." Among the customers currently utilizing Consolidated Knowledge's solutions is SRE Matrix, the nationwide brokerage firm founded by acclaimed business mogul Takeshi Sekiguchi. "As a customer of Consolidated Knowledge, we're excited about how the best-in-class portfolio of marketing and productivity solutions that EST is building will benefit SRE, its agents and our customers."
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Second Century Ventures adds Adwerx and immoviewer to 2017 REach® Accelerator Class
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Homeownership in the Crosshairs of Latest Tax Plan, Say Realtors®
  WASHINGTON (April 26, 2017) – Major reforms are needed to lower tax rates and simplify the tax code, but that shouldn't come at the expense of current and prospective homeowners. That's according to National Association of Realtors® President William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties. Brown said that while the President's tax proposal released today is well-intentioned, it's a non-starter for homeowners and real estate professionals who see the benefits of housing and real estate investment at work every day.  By doubling the standard deduction and repealing the state and local tax deduction, the plan would effectively nullify the current tax benefits of owning a home for the vast majority of tax filers. In light of the plan's release, Brown issued the following statement: "For over a century, America has committed itself to homeownership with targeted tax incentives that help lower- and middle-class families purchase what is likely their largest asset. No surprise, real estate now accounts for over 19 percent of America's gross domestic product, or more than $3 trillion in investment. "But for roughly 75 million homeowners across the country, their home is more than just a number. It represents their ambitions, their nest egg, and the place where memories are made with family and friends. "Targeted tax incentives are in place to help people get there. The mortgage interest deduction and the state and local tax deduction make homeownership more affordable, while 1031 like-kind exchanges help investors keep inventory on the market and money flowing to local communities. "Those tax incentives are at risk in the tax plan released today. Current homeowners could very well see their home's value plummet and their equity evaporate if tax reform nullifies or eliminates the tax incentives they depend upon, while prospective homebuyers will see that dream pushed further out of reach. As it stands, homeowners already pay between 80 and 90 percent of U.S. federal income tax. Without tax incentives for homeownership, those numbers could rise even further. And while we appreciate the Administration's stated commitment to protecting homeownership, this plan does anything but." "Homeowners put their hard-earned money on the line to make an investment in themselves and their communities, and it's on them to protect that investment. Common sense says owning a home isn't the same as renting one, and American's tax code shouldn't treat those activities the same either. "Realtors® support tax reform, and it's encouraging to see leaders in Washington doing their part to get there. We believe tax rates should come down to the degree that sound fiscal policy allows, and simplifying the tax code will help ensure fairness and transparency for individual taxpayers. It's a goal we share with the authors of this tax plan, but getting there by eliminating the incentives for homeownership is the wrong approach. We look forward to working with leaders in Congress and the administration to reform the tax code, while preserving America's long-held commitment to homeownership." The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.
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Remine Hires Three Real Estate Technology Veterans
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eXp Realty Supports Accelerated Growth with the Addition of Four Industry Veterans to Management Team
BELLINGHAM, WA--(April 17, 2017) - eXp World Holdings, Inc., the holding company for eXp Realty LLC, The Agent-Owned Cloud Brokerage®, today announced the addition of industry veterans Kee Wah Chung, Kathy Gordon, Scott Petronis and Mitch Robinson to its management team. "Our daily objective is to be the most agent-centric brokerage firm in the world," said Russ Cofano, President and General Counsel of eXp World Holdings. "Adding Kee Wah, Kathy, Scott and Mitch to our stellar team will allow us to provide new and exciting services for both current and future agents on the eXp platform. Our ability to attract top talent is further enabled by our accelerating growth, as evidenced by our year-over-year agent growth of over 200 percent when we surpassed the 3,000 agent mark in mid-March." The four industry veterans joining eXp Realty's management team include: KEE WAH CHUNG Kee Wah Chung joins eXp Realty as Vice President of Agent Experience. Kee Wah will lead the continued buildout of an exceptional end-to-end Agent Experience though a robust service-delivery model for onboarding new agents, providing transaction management services, and supporting agents via eXp tools and systems. Kee Wah previously worked as Director of the Real Estate Customer Success Program for DocuSign. There, he created the first real estate-focused team to drive a world-class customer experience for onboarding brokers, agents, and staff. KATHY GORDON Kathy Gordon, who has nearly two decades of experience in the industry, joins eXp Realty as Vice President, Brokerage Operations. In this position, she will deliver value to eXp agents through the support of eXp's state administrative brokers, the administration of eXp's brokerage policies and procedures, and license law and regulatory compliance. She also will serve as liaison with eXp's legal resources and risk management programs. Kathy previously was Broker of Record at one of Keller Williams' largest firms, with nearly 3000 agents. She also served as the Director of Compliance and Risk Mitigation for her region, while coaching/consulting multiple offices in areas of compliance, risk mitigation, operations, and leadership. SCOTT PETRONIS As eXp Realty's new Chief Product and Technology Officer, Scott Petronis will lead the delivery of strategic agent-centric solutions that power the business and its rapidly growing agent base. Scott has more than 20 years of experience in delivering software and SaaS products for businesses and consumers. Most recently, Scott headed up products and technology for Onboard Informatics, a leading provider of data and technology solutions to U.S. real estate brokerage firms. For the past five years, Scott has been a fixture in industry technology initiatives through his work with the Real Estate Standards Organization (RESO), including leading the Web API initiative as the Chair of the Transport Workgroup. In that role, he drove agreement on a new standard that allows companies to more rapidly innovate solutions for the real estate industry. MITCH ROBINSON In his new role as Senior Vice President, Marketing and Communications for eXp Realty, Mitch Robinson is responsible for branding, external and internal communications, digital and social media, events (both live and within eXp World, the company's fully immersive 3D Cloud Campus). Robinson was an early employee at Expedia before joining the online real estate marketplace Zillow. As the leader of Zillow's trade marketing team, Mitch spearheaded marketing initiatives working with real estate agents, brokers, MLSs, rental professionals, and builders. In this role, he blended technology innovation with a deep appreciation for the ways in which agents can be successful in an industry ripe for disruption. About eXp World Holdings, Inc.eXp World Holdings, Inc. (OTCQB: EXPI) is the holding company for eXp Realty LLC, the Agent-Owned Cloud Brokerage® as a full-service real estate brokerage providing 24/7 access to collaborative tools, training, and socialization for real estate brokers and agents through its 3-D, fully-immersive, cloud office environment. eXp Realty, LLC and eXp Realty of Canada, Inc. also feature an attractive revenue sharing program that pays agents a percentage of gross commission income earned by fellow real estate professionals who they attract into the Company. As a publicly-traded company, eXp World Holdings, Inc. uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth. For more information, please visit www.eXpRealty.com.
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Howard Hanna Moves Up in Rankings of the Top Residential Real Estate Brokerage Firms across America
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NAREE Real Estate Journalism Conference to Draw Journalists and Industry Experts to Denver in June
DENVER--The National Association of Real Estate Editors has opened registration for its 51st Annual Real Estate Journalism Conference in Denver, June 14-17, 2017. NAREE's conference, which begins Wednesday morning June 14 at the Brown Palace Hotel, will attract scores of journalists from major newspapers and prestigious publications from around the nation and Europe. The conference features newsworthy speakers covering commercial and residential real estate topics, green building, architecture, hotels, mortgage lending, mixed-use development, single-family investing and vacation properties. Insightful speakers will include Douglas Yearley, chief executive officer of Toll Brothers; Marilyn Wilson of the WAV Group; Rohit Anand of KTGY Architecture and Scott Muldavin, chair of the Counselors of Real Estate. NAREE's newsworthy conference programming will feature several chief economists including: Kevin Thorpe, Cushman & Wakefield; Lawrence Yun, National Association of Realtors, Nela Richardson, Redfin; Brad Hunter, HomeAdvisor and Ralph McLaughlin, Trulia. The real estate trends, economic forecasts and real estate market analysis sessions are delivered on timely topics. The conference content typically generates hundreds of news articles, blog posts and social media mentions from some of the nation's most prominent publications. Outstanding mid-career journalism training is offered at NAREE University's peer-to-peer professional development program for journalists, which will run twice daily during the conference. NAREE University equips journalists to deal with new reporting tools and techniques in the rapidly changing media industry. Journalists and industry communicators may register for the affordable conference online at NAREE.org. Conference registrants may choose to stay at the historic Brown Palace, which opened in 1892, or the adjoining Holiday Inn Express. Both hotels are located in exciting downtown Denver, which is a very active real estate market. Other highlights of the conference include NAREE's Meet the Press, the awards program for NAREE's 67th Annual Journalism Competition and the Bruss Real Estate Book Awards luncheon. Founded in 1929, NAREE is a non-profit professional association of journalists, writers, columnists, editors and authors covering residential, commercial and financial real estate, urban planning and home design.
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REAL Trends 500 Report Ranks Nation's Largest Real Estate Firms
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With National Flood Insurance Program Expiring in Six Months, Realtors® Sound the Alarm
  WASHINGTON (March 30, 2017) — On September 30, just six months from today, the National Flood Insurance Program will expire. The National Association of Realtors® is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold; NAR has also issued a series of principles to improve access and affordability for consumers. But Realtors® warn the program's September 30 reauthorization deadline is a threat to consumers. NAR President William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties, believes that expiration would deal significant damage to current policy-holding property owners, as well as threaten property sales and the broader housing market. Brown said that Realtors® see the NFIP's importance every day in their lives and in their business and made the following statement: "When the NFIP expired in 2010, over 1,300 home sales were disrupted every day as a result. That's over 40,000 every month. Flood insurance is required for a mortgage in the 100-year floodplain, but without access to the NFIP, buyers simply couldn't get a mortgage or vital protection from the No. 1 cause of loss of property and life: flooding. "This problem affects far more than coastal communities, and prospective homeowners aren't the only ones at risk. Policyholders in over 22,000 communities across the country depend on the NFIP to protect homes and businesses from torrential rain, swollen rivers and lakes, snowmelt, failing infrastructure, as well as storm surges and hurricanes. When that lifeline is cut off, the NFIP can't issue new policies or renew existing residential or commercial policies that expire. That means current home and business owners may find their most important asset unprotected. "Last year was the third largest claims payout year in NFIP's history, costing more than $4 billion. While there were five billion-dollar floods, including Hurricane Matthew, four of the five were inland, and the largest single event was in Baton Rouge, Louisiana in August, just one year out from the NFIP's expiration date. "The NFIP isn't perfect, and reforms are needed. We will continue working closely with everyone involved to achieve those reforms. "Good work has been done in Congress, at FEMA and elsewhere to clear the way for those efforts. We thank leaders on both sides of the aisle for all they've done up to this point. Now, it's time for action. Congress has six months to do the right thing and pass a long-term reauthorization of the program. We're hoping they do just that." The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.
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Century 21 Real Estate CEO Rick Davidson to Return to His Entrepreneurial Roots and Become a C21 Franchisee
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Placester Raises $50M in Series D Funding to Simplify Marketing for Real Estate Professionals
BOSTON, MA--(Mar 24, 2017) - Placester, the all-in-one marketing toolkit for real estate professionals with beautiful lead capturing websites, lead management, email marketing, marketing automation, analytics, free education and 24/7 support, today announced it has raised a $50M Series D round led by existing investor New Enterprise Associates (NEA), the global venture firm whose notable investments include SalesForce.com, MuleSoft and Box, among others. This investment brings Placester's total funding to $100 million. The real estate market is remarkably different than it was a decade ago when listings were just finding their way online. The evolution is showing no signs of slowing down. Today's real estate market relies on both digital and human touchpoints to engage the consumer in real time. Placester has seen more than 300 percent year-over-year revenue growth for the last three years by building the unified operating system to help real estate professionals run their businesses. From websites and CRM, to email marketing, data driven insights and mobile applications, Placester addresses agents' digital needs. More than four hundred thousand users look to Placester for superior solutions to power their businesses. This includes agents in 95 percent of U.S.-based real estate brands as well as independent brokerages. Including notable industry partnerships with Keller Williams, REMAX/Integra and The National Association of REALTORS®. "I'm excited for this next step in Placester's journey empowering real estate professionals and the industry as a whole," said Matt Barba, co-founder and CEO, Placester. "Across industries, leading brands realize that the screen is the most consistent touchpoint for connecting with consumers. As a result, successful digital marketing has evolved from a patchwork of tools and tactics into a unified operating system reaching far beyond the walls of the marketing department. Placester is bringing this fundamental change to real estate. This latest funding will support our aggressive product roadmap and address the full breadth of challenges and opportunities that define the future of digital for real estate professionals." In 2016, Placester made two acquisitions, welcoming RealSatisfied and OpenHomePro to the team. The company employs more than 170 team members working in Boston and Chicago. "Digital marketing has become integral to the business of real estate and will shape how real estate professionals succeed in the future," said Chetan Puttagunta, General Partner, NEA. "As software plays an increasing role in the world around us, verticalized software solutions tuned to specific customer needs will increasingly drive competitive advantage, there is a large and growing opportunity ahead." To date, Placester serves more than four hundred thousand real estate professionals in the United States and Canada, and has raised $100 million in funding from New Enterprise Associates (NEA), Romulus Capital and Techstars, among other investors. To learn more about Placester, visit https://www.placester.com. About PlacesterPlacester is an all-in-one marketing toolkit for real estate professionals with beautiful lead capturing websites, lead management, email marketing, marketing automation, analytics, free education and 24/7 support. Founded in 2011 by Matthew Barba, a former real estate agent, and Frederick Townes, a seasoned technologist, the Placester platform enables real estate professionals to grow their businesses online and via mobile through seamless MLS integration, natural language search and eye-catching visuals. In addition, Placester offers a wide range of apps and add-ons for high-impact email marketing, digital advertising campaigns, lead management and streamlining of everyday tasks. Currently serving two in five real estate professionals in the U.S., Placester is a proud technology partner to leading real estate brands across North America, and the sole website provider for the REALTOR Benefits® Program, the official member benefits program of the National Association of REALTORS®. To date, Placester has raised $100 million in funding, backed by New Enterprise Associates (NEA), Romulus Capital and Techstars. For more information, please visit placester.com.
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LeadingRE Names New Advisory Council Officers, Members
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Baird & Warner's Jo Lay Named to Leading Real Estate Companies of the World® Advisory Council
CHICAGO – March 14, 2017 – Jo Lay, vice president, Relocation Services for Baird & Warner in Chicago, Ill., has been elected to the Leading Real Estate Companies of the World® Advisory Council, a leadership group comprised of business development and relocation professionals who provide guidance on key initiatives for the global real estate community, which is comprised of 550 market-leading firms spanning six continents. The Advisory Council works closely with the Leading Real Estate Companies of the World® management team on integral business development and lead generation programs. Council members also mentor other affiliates and serve as ambassadors for the organization's diverse program offerings. Members are elected by fellow council members to serve a three-year term, and are chosen based on the merits of their professional experience and reputation, as well as their willingness to share their expertise for the benefit of the network. "Our Advisory Council is comprised of some of the most talented and accomplished relocation professionals in the industry. Their willingness to provide guidance on critical network initiatives is instrumental in helping us deliver the most relevant, impactful programs for our members worldwide," said LeadingRE director of Member Services Brent Williams, CRP, who serves as the staff liaison to the group. "I am very excited to serve on this council with the top Relocation Director leaders of the most respected independent brokerages around the country.  I plan to bring my past experience as president of the Relocation Directors' Council and position on the Board of Directors of the Worldwide ERC to the table to help this network continue being a leader in the world of relocation," said Jo, SCRP, SGMS. Baird & Warner is the only Chicago representative of LeadingRE who has received the prestigious RELO Quality Certification.  With its expansive global membership, LeadingRE connects more than 550 firms and 130,000 sales associates who produce over 1.2 million real estate transactions each year. For more information about Baird & Warner, please visit www.BairdWarner.com. About Baird & Warner Real Estate, Inc.Established in 1855, Baird & Warner is Chicagoland's largest locally owned independent residential real estate services company. The Baird & Warner brand has been synonymous with experience, innovation and integrity for more than 160 years. Steve Baird, the firm's fifth-generation owner, has been consistently recognized among the industry's most influential leaders. Baird & Warner was named the No. 2 Top Workplace in Chicagoland by the Chicago Tribune in 2016, and No. 1 in real estate for the fifth consecutive year. With more than 2,200 broker associates in 27 offices and comprehensive mortgage, title and relocation services, Baird & Warner consistently ranks among the nation's top real estate firms. Learn more at www.BairdWarner.com.
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Senate Confirms Carson Nomination as Realtors® Look to Opportunities and Challenges Ahead
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Ben Kinney Companies Acquires Real Estate Technology Companies Blueroof360 and RealVolution
Ben Kinney Companies-Tech Division, owner of ActiveRain, Brivity, Blossor, and Kwkly, today announced the acquisition of Blueroof360 and RealVolution, two companies that specialize in providing real estate software solutions to brokerages, teams, and agents nationwide. "Blueroof360 has developed one of the coolest, easiest to use, fully customizable IDX website builders around, while also providing full-featured CRM, CMAs, Area Reports and Community tools to over 10,000 real estate agents, brokerages and franchises across the nation," says Ben Kinney, CEO of Ben Kinney Companies. "Combining Blueroof360 technology with our existing, ever-expanding Brivity Platform gives agents a complete toolset that guarantees success in real estate—with one bill, one log-in, and one location for all agent and brokerage data." "We are excited to become a member of the Ben Kinney family," says Jarad Hull, CEO of Blueroof360. "Ben and I found that our companies have similar goals, vision and an approach to building best-in-class products. Becoming part of the Ben Kinney family of companies, gives Blueroof the ability to be part of a platform that will continue to disrupt the real estate industry." The Blueroof360 team will remain headquartered in Utah, where it was founded in 2008, with all existing employees and the current leadership team. CEO Jarad Hull will continue to lead and grow the company, with additional investments in staff, sales, marketing and development to come. ABOUT BEN KINNEY TECHNOLOGY COMPANIES The Ben Kinney Companies Tech Division brands include ActiveRain, the nation's largest real estate network, Kwkly, an SMS lead generation company , the Brivity Platform, an IDX - CRM - Transaction Management System, and Blossor, the national search portal. The company's brands focus on diverse real estate tools, technology, training and systems to maximize growth opportunities for agents, teams and brokers. Ben Kinney Companies is headquartered in Bellingham Washington.
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DocuSign Lands High Profile SaaS Industry Veteran Daniel Springer as CEO
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Houlihan Lawrence Announces Agreement to Join HomeServices of America, Inc.
Minneapolis, Minn. (January 17, 2017) – HomeServices of America, Inc., a Berkshire Hathaway affiliate, today announced the acquisition of Houlihan Lawrence, one of the leading real estate firms serving New York City's northern suburbs. Financial terms of the transaction were not disclosed. Headquartered in the northern suburbs of New York City, Houlihan Lawrence serves the Westchester, Fairfield, Putnam, Dutchess, Orange and Ulster counties of New York and Connecticut with 1,300 sales associates operating in 30 sales offices. In 2016, Houlihan Lawrence closed $6.7 billion of sales volume. Established in 1888, Houlihan Lawrence has been known to generations of buyers and sellers for its leadership in luxury representation and local expertise delivered by a team of knowledgeable agents coupled with the firm's renowned advanced technologies and data driven insights. Nancy Seaman will step aside as chairman while her brothers Stephen Meyers, president and CEO, and Chris Meyers, managing principal, will continue to lead the firm's strategic growth initiatives and manage day-to-day operations together with their sales management teams. Houlihan Lawrence, like other locally-branded brokerage companies under the HomeServices umbrella, will retain its name. "We are joining an organization known for its strength and stability, said Stephen Meyers. "Our partnership secures the future of the firm without changing the exceptional culture that is core to our storied brand. We are thrilled with this announcement and the many benefits it brings to our clients and agents." "When you combine the incredible strength of our people and the remarkable history of our success with the unsurpassed financial stability of HomeServices, there is no limit to what we can accomplish," added Chris Meyers. "Nancy, Stephen and Chris, together with their team of sales managers and agents, have built an extraordinary organization and exemplify a level of expertise and leadership that is second-to-none in the real estate business today," said Ron Peltier, chairman and CEO, HomeServices. "Their culture of integrity and innovation closely aligns with our corporate vision and our emphasis on customer value and results." With this transaction, HomeServices has nearly 29,500 real estate professionals operating in nearly 570 offices across 28 states. In 2016, the company's associates facilitated more than $93 billion in residential real estate sales. "This is an important transaction to HomeServices," concluded Peltier. "And we are very proud to welcome Houlihan Lawrence to the HomeServices family."
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Chris Bennett Named to Inman's 2017 Real Estate Influencers List
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NAR CEO Dale Stinton to Retire, Search Firm Retained
  WASHINGTON (December 28, 2016) –  After 36 years of service, National Association of Realtors® CEO Dale Stinton will retire from the association in 2017. Chicago-based executive search firm Heidrick & Struggles has been retained to find Stinton's replacement. Stinton took over as CEO in November 2005. Previously, he served as chief financial officer and chief information officer since 1998 and was named acting CEO and executive vice president in 1996. Stinton demonstrated exceptional leadership and business savvy in bringing continued success to the association and its members through one of the worst economic downturns in decades. His achievements include guiding the creation of Realtor® University; directing the growth of the Realtors® Property Resource, a national database of real property; implementing high-value partnerships and investments as president of Second Century Ventures, NAR's investment arm; and spearheading efforts to drive member participation in the association's Realtor® Party to advocate issues and advance legislation at all levels of government. He has been recognized broadly as an industry leader and innovator. "It was an honor to lead the nation's largest and most influential trade association in partnership with NAR's elected leaders, and I'm incredibly proud of what we have helped the association and our members achieve over the past decade as CEO," said Stinton. "My 36 years at NAR have been challenging but always rewarding; the time is now for a new leader to take the reins." A diverse member search committee has been appointed to work with Heidrick & Struggles, a premier provider of executive search, leadership consulting and culture shaping worldwide, to recruit candidates for the CEO position; NAR 2015 president Chris Polychron is serving as chair and 2003 president Cathy Whatley is vice chair. "Dale Stinton has had a long and distinguished career at NAR and has made immense contributions to the association, and we thank him for his service," said Polychron. "This continues to be a dynamic time for the association and the industry, and I am confident that we will find and hire the best candidate to position NAR for long-term success as it continues the important role of advocating for Realtor® members, consumers and the industry." Stinton will continue to serve as CEO until a successor is named, which is expected before the end of 2017, to ensure a smooth and successful transition. Heidrick & Struggles will begin the search for a new CEO immediately. "We look forward to serving NAR as partner for this critical leadership transition," said Bill Hudson, partner at Heidrick & Struggles based in the Washington D.C. office. "Recognizing that NAR is one of the largest and most respected trade associations in the nation, we're honored to be selected to lead the search for the new CEO." The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing more than 1.2 million members involved in all aspects of the residential and commercial real estate industries.
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Crye-Leike's CIO Appointed to Board of UpstreamRe, the Future Google Drive of Real Estate
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RE Technology's Top 10 Articles of 2016
  Over the past two weeks, we've been counting down our top 10 most popular of the year. Have you been following? If not, we've compiled the full list below for easy reference. We noticed an interesting phenomenon with our list this year--it's bookended by posts that aren't just our most read, but also our most controversial. Numbers 1 and 10 ignited some heated discussion when they were originally published. Months later, do they still incite strong feelings? Decide for yourselves--take a look at both posts on our list below, and check out the rest of our most read articles of the year! Why Agents Should Never Use Personal Email 7 Google Chrome Extensions for Real Estate Agents 5 Things You Didn't Know Your Lockbox Could Do 22 of the Absolute Best Real Estate Closing Gift Ideas 5 Basic Tips for Taking Great Photos With Your iPhone 184 Things You Do for Real Estate Clients (and they don't even know it) What to Do When Your Buyer Leaves You for Another Agent 4 Lead Generating Scripts for Listing Agents How to Educate Buyers to Make Good Offers I Didn't Hire FOUR Listing Agents!
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National Association of Realtors® Congratulates Dr. Ben Carson, Nominee for Secretary of Housing and Urban Development
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NAR Installs 2017 Officers
  ORLANDO, Fla. (November 7, 2016) – Bill Brown, a second generation Realtor® from Alamo, California was installed today as 2017 president of the National Association of Realtors® at the association's Board of Directors meeting during the 2016 REALTORS® Conference & Expo. Brown has been active in real estate for 36 years and is the founder of Investment Properties, a division of the family real estate business started by his father, William H. Brown, in 1964, which focuses on the sale of apartment buildings to both institutional and private capital investors. Brown was NAR's 2016 president-elect and 2015 first vice president. He has served in numerous positions at the local, state and national levels, including as an NAR director since 1991, the 2004 chairman of the Realtors® Political Action Committee Trustees, a committee liaison in 2006 and 2011, and 2012 vice president for Region 13, comprised of California, Hawaii and Guam. In 2008, he served as the California Association of Realtors® president and was honored as Realtor® of the Year; he served on CAR's Executive Committee six times. Brown was elected president of the Oakland Association of Realtors® in 1984. Elizabeth Mendenhall is 2017 NAR president-elect. She has been a Realtor® for 20 years and is CEO of RE/MAX Boone Realty in Columbia, Missouri. Mendenhall is a sixth-generation Realtor® and holds numerous real estate designations. On the national level, Mendenhall currently serves on the Executive Committee and Board of Directors. She chaired NAR's Strategic Planning Committee in 2012, served as vice president of committees in 2011 and was the NAR liaison to association leadership in 2008. In 2010, Mendenhall served as president of the Missouri Association of Realtors®, and in 2003, she served as president of the Columbia Board of Realtors® and was named their Realtor® of the Year. Thomas Riley, a Realtor® from Bedford, New Hampshire is the 2017 NAR treasurer. He has been a Realtor® for more than 35 years and is president of Riley Enterprises Inc., specializing in residential and commercial real estate and property management. In 2015, Tom served as NAR's vice president for Region 1, serving Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont. He previously served on the NAR Board of Directors from 2007 to 2008 and 2010 to 2013 and served multiple times on the Finance Committee, including as vice chair in 2014. Riley served as president of the New Hampshire Association of Realtors® in 2011 and president of the Greater Manchester/Nashua Board of Realtors® in 1998. John Smaby is 2017 NAR first vice president. Smaby is a second-generation Realtor® and has been in the industry for 37 years; he is a broker at Edina Realty, where he specializes in residential real estate. Smaby has held numerous positions nationally and with the Minnesota Association of Realtors®, where he served as president in 2015, treasurer in 2013 and a member of the Board of Directors since 2013. He was MNAR's Realtor® Political Action Committee chair from 2013 to 2015 and the RPAC Trustees and Public Advocacy Committee chair in 2014. In 2013, Smaby received the Ed Anderson Political Achievement Award and in 2014, was named Realtor® of the Year. Mabél Guzmán is 2017 NAR vice president. Guzmán, a Realtor® for more than 20 years, is a broker with @properties in Chicago. At the national level, she served as the 2014 chair for NAR's Conventional Finance & Policy Committee and in 2015 as the liaison for Global Committees. She chaired the Student Loan Debt Working Group from 2014 to 2016. Guzmán served as a member of the Illinois Realtors® Board of Directors from 2009 to 2011. In 2014 and 2015, she received their President's Medallion for Outstanding Service. Guzmán was elected treasurer in 2009 and president in 2011 of the Chicago Association of Realtors® and was a member of the board of directors from 2007 to 2009. In 2012, she was named their Realtor® of the Year. Kevin Sears is also 2017 NAR vice president. Sears, a Realtor® for over 20 years from Springfield, Massachusetts, is broker/partner of Sears Real Estate, specializing in single-family brokerage and property management. Sears has served NAR in numerous capacities, including as NAR's 2016 vice president for Region 1, comprised of Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont. He has served on the NAR Board of Directors since 2008 and as a federal political coordinator for over 15 years. In 2016, Sears chaired the Realtor® Party of the Future Strategic Planning Work Group. The Massachusetts Association of Realtors® elected him President in 2010 and he has been a member of their Board of Directors since 2000. In 2006, MAR named Sears Realtor® of the Year. He was elected president of the Realtor® Association of Pioneer Valley in 2005. NAR's 2017 regional vice presidents are: Jamie Diane Moore, Warwick, Rhode Island, Region 1 (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont); Allan H. Dechert, Avalon, New Jersey, Region 2 (New Jersey, New York and Pennsylvania); Mary Dykstra, Roanoke, Virginia, Region 3 (Delaware, District of Columbia, Maryland, Virginia and West Virginia); Ann McDonald, Winchester, Kentucky, Region 4 (Kentucky, North Carolina, South Carolina and Tennessee); Sherri Meadows, Ocala, Florida, Region 5 (Alabama, Florida, Georgia, Mississippi, Puerto Rico and the Virgin Islands); William G. Milliken Jr., Ann Arbor, Michigan, Region 6 (Michigan and Ohio); Patrick Dalessandro, Prospect Heights, Illinois, Region 7 (Illinois, Indiana and Wisconsin); Donald R. Marple, Davenport, Iowa, Region 8 (Iowa, Minnesota, Nebraska, North Dakota and South Dakota); Karen Crowson, Benton, Arkansas, Region 9 (Arkansas, Kansas, Missouri and Oklahoma); Leslie Rouda Smith, Plano, Texas, Region 10 (Louisiana and Texas); George Harvey, Telluride, Colorado, Region 11 (Arizona, Colorado, Nevada, New Mexico, Utah and Wyoming); Julie DeLorenzo, Boise, Idaho, Region 12 (Alaska, Idaho, Montana, Oregon and Washington); and Leil Koch, Kula, Hawaii, Region 13 (California, Hawaii and Guam). The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
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FHA Single Family Handbook Update Delivers Clarity for Appraisers, Say Realtors
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Realogy Franchise Group Appoints John Peyton as President and Chief Operating Officer
09-26-2016 — Realogy Holdings Corp., the largest full-service residential real estate services company in the United States, today announced the appointment ofJohn Peyton to the newly created role of president and chief operating officer (COO) for its subsidiary, Realogy Franchise Group (RFG). Peyton, formerly the senior vice president of brands and shared services for Starwood Hotels & Resorts Worldwide Inc., will begin at RFG on Oct. 13. Alex Perriello, CEO of the Realogy Franchise Group, will now focus primarily on strategic growth while Peyton will be responsible for the operational management of Realogy's franchise brands.Peyton is a recognized global branding leader in a multi-brand environment. He is adept at leading large, complex global structures to maximize the benefits of scale while enabling innovation and flexibility. During his 17-year tenure with Starwood Hotels and Resorts Worldwide, he combined his expertise in global operations and brand building to drive innovation and ensure the market positioning of the company's leading hotel brands, which include: St. Regis, The Luxury Collection, W Hotels, Westin, Le Meridien, Sheraton, Tribute Portfolio, Four Points by Sheraton, Aloft, Element and Design Hotels. "John Peyton brings extensive strategic leadership experience with world-class brands from his time at Starwood as both an operator and a franchisor in a multi-brand organization," said Alex Perriello, Chief Executive Officer, Realogy Franchise Group. "We are excited about the fresh perspective and valuable insights he will bring from the luxury hotel and leisure industry to our franchisees and their affiliated agents." "Realogy has a tremendous portfolio of brands that is unrivaled in the real estate industry," said John Peyton, President and Chief Operating Officer, Realogy Franchise Group. "The Realogy Franchise Group is well-positioned for continued growth and innovation, and I look forward to helping accelerate its growth trajectory." Previously at Starwood, Peyton led the company's Global Initiatives team from 2012 to 2014, where he directed the implementation of key strategic company priorities around the world, including supply chain and revenue management initiatives. He has held a number of senior operations and marketing positions for Starwood, including chief marketing officer. In 2005 he was responsible for implementing a significant brand repositioning strategy for the company. In 2001, Peyton led Starwood in the launch of implementing Six Sigma practices in the business and became the first company in the hospitality industry to adopt this methodology as a way of improving business processes and driving innovative change. Prior to joining Starwood, he had a 10-year career with Pricewaterhouse Coopers, serving in both its accounting and management consulting practices. Peyton holds an MBA in accounting and marketing from New York University and a bachelor's degree in English from the University of Pennsylvania. Peyton is active in the community with several organizations supporting the health and welfare of children. He is a member of the board of directors for Child Advocates of Southern Connecticut and Full Court Peace, and also serves as a senior adviser to the A.J. Cina Foundation. About Realogy Holdings Corp.Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising and brokerage with many of the best-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, Sotheby's International Realty® and ZipRealty®.  Collectively, Realogy's franchise system members operate approximately 13,600 offices with more than 261,000 independent sales associates conducting business in 109 countries and territories around the world.  NRT LLC, Realogy's company-owned real estate brokerage, is the largest residential brokerage company in the United States, operates under several of Realogy's brands and also provides related residential real estate services.  Realogy also owns Cartus, a prominent worldwide provider of relocation services to corporate and affinity clients, Title Resource Group (TRG), a leading provider of title, settlement and underwriting services, and ZapLabs LLC, its innovation and technology development subsidiary.  Realogy is headquartered in Madison, New Jersey.
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Metro MLS's Caitlin McCrory Accepts NAR MLS Manager Position
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Lone Wolf Announces Reorganization and Appoints New Heads of Product & Development
  CAMBRIDGE, ONTARIO (September 08, 2016) – On the heels of the appointment of Patrick Arkeveld as its new Chief Executive Officer, Lone Wolf Real Estate Technologies Inc. ("Lone Wolf"), the North American leader in residential real estate software, announces a reorganization that will align the company's business operations with its core growth strategies. These changes are designed to improve the speed and delivery of new product innovation & customer support while simplifying the product portfolios to focus on the company's fundamental strengths. "These organizational changes will drive needed focus to the business, further enabling us to meet the needs of our core customer base: real estate brokers. Our main goal is to accelerate our product development efforts to create next generation solutions and provide a nimble and more responsive customer experience," said Patrick Arkeveld, CEO, Lone Wolf. At the centre of this organizational change, is the addition of three new key players: Executive Vice President of Development, Scott Gowdish; Vice President of Product Management, Matt Goddard, and Vice President of Marketing, Kate Annis. With an extensive background in product development, most recently in the role of Senior Director of Software Development for Sabre Inc. and prior to that as VP, Software Development at Micros Systems, Scott's efforts will be focused on expanding the current enterprise platforms and utilizing next generation technologies. "I am thrilled to join such a talented team as we embark on this next phase of our growth as a market leader in real estate technology," says Scott Gowdish. "With strong support from our current customer base, and a focus on the development of the premiere end-to-end real estate software solution, I believe we are poised to reach beyond our expectations." The tech company has placed high importance on understanding customer challenges to improve current products and to identify opportunities for both current and new solutions. With over 15 years of experience in Product Management, Matt Goddard will lead this charge. "Lone Wolf has experienced immense growth over the last several years and has an enviable position as a leader in the real estate technology space," says Matt Goddard. "I am excited by the opportunity to work with our clients towards building the next generation solutions to successfully run their business." Matt spent 15 years with The Trapeze Group, a division of Constellation Software Inc., in a variety of roles including Product Manager and most recently, VP of New Markets & Product Management Programs. Kate Annis joins Lone Wolf with an extensive background in brand management and marketing in the enterprise software industry. Prior to joining Lone Wolf, Kate spent 6 years as the Global Director of Marketing at Dow Jones & Company in New York City and was most recently the Senior Vice President of Marketing at Bluesun, a financial services software provider. "While Lone Wolf's passion for building relationships and innovative technology has propelled us to a dominant position in the real estate marketplace, there is still a lot of runway for continued growth and success," explains Kate Annis. "I am excited to join this team and look forward to where we will head together." "We believe these changes to our organizational structure and management team will fuel our growth in the US market through a more focused strategy, development of next generation solutions and a best in class client experience," says Patrick Arkeveld. About Lone Wolf Real Estate Technologies Lone Wolf Real Estate Technologies offers an ecosystem of seamlessly integrated real estate technology, services and partnerships. Each element of the eco-system enables brokerages and agents to operate more efficiently to increase opportunities for profitability. Lone Wolf serves the residential real estate industry throughout North America.
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Alain Pinel Realtors VP Named Vice Chair of National Association of Realtors Advisory Group
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Alain Pinel Realtors Executive Accepts Respected Appointment with California Association of Realtors
SAN JOSE, CA (AUGUST 22, 2016)--Jim Pojda, regional director of career development for Alain Pinel Realtors, has accepted an appointment to the California Association of Realtors' (CAR) Strategic Planning and Finance Committee. Pojda will begin his three-year term in January 2017. The committee works to forecast changes, opportunities and challenges faced by the real estate industry for the benefit of consumers and Realtors within the state. Currently the committee is examining issues related to mortgage interest deductions, rent control, Multiple Listing Service consolidation, the future of Government Sponsored Enterprises (GSEs) and a variety of emerging technologies impacting the practice of real estate. "I'm excited and honored to have been asked to serve on the Strategic Planning & Finance Committee. I'll be assuming this role in addition to my role as a 2017 member of the board of directors for CAR where I represent the Silicon Valley Association of Realtors," said Pojda. "I'm grateful for the support and encouragement Alain Pinel Realtors has provided as I take on this new role." Pojda joined Alain Pinel Realtors in 2004 as a Realtor before becoming a regional director for career development in 2010. He is also a licensed broker. Immediately prior to joining Alain Pinel Realtors he served as vice president of business operations for TechPointer Inc., having held a variety of marketing and business technology development positions previous to that role. Pojda is also a long-time volunteer and officer with Kiwanis International. "Jim commits himself 100 percent to every endeavor he undertakes," noted Rainy Hake, COO of Alain Pinel Realtors. "He cares deeply about the real estate profession and those he helps guide, both within our company and the industry at large. He'll do an outstanding job for CAR, and we're proud to have him serve as a representative of Alain Pinel Realtors." Alain Pinel Realtors (APR) is the sixth largest residential real estate firm in the United States and the largest privately-owned residential real estate company in Northern California based on its closed-sales volume. The firm has 1,400 agents in more than 30 offices throughout Northern California. APR was founded in 1990 by CEO and President Paul L. Hulme, and is based in Saratoga, Calif. Visit us at apr.com.
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CoreLogic Wins "Most Innovative Real Estate Company" Award
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ATTOM Data Solutions Hires Technology Veteran Todd Teta
IRVINE, Calif. – Aug. 16, 2016 — ATTOM Data Solutions, the nation's leading source for comprehensive property data, today announced the hiring of Todd Teta as chief technology officer. In this role, Teta will leverage his two decades of experience in technology and product innovation to lead ATTOM's technology and product teams, including ATTOM's three consumer websites: RealtyTrac.com, Homefacts.com and HomeDisclosure.com. "Todd brings the kind of customer-focused technological and real estate data management experience that will enable us to provide our clients with competitive advantage by leveraging our vast data, analytics, people and processes," said Rob Barber, CEO at ATTOM Data Solutions. "His expertise in growing and scaling new technologies will guide us as we take additional steps to drive market growth and product innovation, leveraging the immense resources of the ATTOM Data Warehouse." Prior to joining ATTOM Data Solutions, Teta was the chief technology officer at Meyers Research, a Kennedy Wilson Company, where he led new product initiatives like Zonda, the first mobile-based real estate data and analytics platform targeting the new home building industry. Prior to his tenure at Meyers, Teta was vice president of technology at CoreLogic, where he launched the company's first mobile application. Teta was also president and co-founder of VisionCore, Inc., a technology product and services firm focused on the real estate and financial services industries, where he led sales, business development, client relations and project management. "I'm thrilled to be working with ATTOM Data Solutions," said Teta. "This is a unique opportunity to use ATTOM Data Solutions' comprehensive housing market data to create new products and services and drive innovation in the real estate marketplace." Teta earned a Bachelor of Science degree in computer engineering and computer science from the University of Southern California. He is a Member of the Computer Society of the Institute of Electrical and Electronics Engineers and the Association of Computing Machinery. About ATTOM Data Solutions ATTOM Data Solutions is the curator of the ATTOM Data Warehouse, a multi-sourced national property database that aggregates property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, health hazards, neighborhood characteristics and other property characteristic data for more than 150 million U.S. properties. The ATTOM Data Warehouse delivers actionable data to businesses, consumers, government agencies, universities, policymakers and the media in multiple ways, including bulk file licenses, APIs and customized reports. ATTOM Data Solutions also powers consumer websites designed to promote real estate transparency: RealtyTrac.com is a property search and research portal for foreclosures and other off-market properties; Homefacts.com is a neighborhood research portal providing hyperlocal risks and amenities information; HomeDisclosure.com produces detailed property pre-diligence reports. ATTOM Data and its associated brands are cited by thousands of media outlets each month, including frequent mentions on CBS Evening News, The Today Show, CNBC, CNN, FOX News, PBS NewsHour and in The New York Times, Wall Street Journal, Washington Post, and USA TODAY.
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NAR's Second Century Ventures Adds Top Industry Strategist Dave Garland to Investment Team
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Susan Yannaccone Promoted to President and CEO of ERA Real Estate
07-18-2016 — ERA Real Estate, a global franchising leader, today announced the promotion of Susan Yannaccone to president and CEO of ERA Franchise Systems LLC, effective September 1, 2016. Yannaccone, who currently serves as ERA's chief operating officer, brings two decades of experience in real estate franchising and sales and is widely respected in the industry."Sue Yannaccone is a dynamic real estate leader who has distinguished herself since joining ERA Real Estate," said Alex Perriello, president and CEO of the Realogy Franchise Group, the parent company of ERA. "Her strategic thinking capabilities, strong business acumen and outstanding relationship skills will be tremendous assets in this role. The time has come for Sue to take the next step forward in her career, and I couldn't be more pleased and supportive. The leadership succession plan we have executed also speaks to the management talent we have assembled within the Realogy Franchise Group." Charlie Young, who has served as ERA Real Estate's president and CEO since 2009, is leaving to take a new senior leadership role within the Realogy Franchise Group, also effective September 1, 2016. "I am honored to be appointed to lead the ERA Real Estate brand network, and I look forward to continuing to build upon ERA's unique 'family' culture and the value proposition we provide to our affiliated brokers and agents as well as homebuyers and sellers around the world," said Yannaccone. "Our strategic direction is clear. We are charting a course for growth with innovation as the cornerstone of our plan." Since joining ERA Real Estate in July 2015, Yannaccone has helped move the organization forward with her laser-focus on growth and innovation. Earlier this year, ERA reached a significant industry milestone by being the first real estate franchise to connect its entire network on the innovative Zap® technology platform, developed by another Realogy subsidiary, ZapLabs. By connecting thousands of ERA-affiliated brokers and agent websites into a seamless, integrated network that is relevant to search engines both nationally and locally, ERA has created a unique, competitive positioning for its network. Yannaccone also has been instrumental in creating an enhanced service model that has increased broker satisfaction with the ERA brand, and she has fostered an internal culture of transparency, collaboration, execution and accountability. With a focus on franchisee engagement, satisfaction and growth, Yannaccone has overseen the addition of a number of newly affiliated companies, notably in Houston, Beverly Hills and the Greater Boston markets, as well as several strategic mergers and acquisitions for existing ERA brokers in Florida, Nevada, North Carolina and Ohio. Prior to joining ERA, Yannaccone served in a number of senior executive leadership roles at competing national and international real estate franchise brands with responsibilities ranging from network servicing to operations. She began her career in commercial real estate sales before moving into residential real estate. Recently, Yannaccone earned recognition as a 2016 Woman Worth Watching by the Profiles in Diversity Journal, and in 2015 was named as a Woman of Influence by Housing Wire. She is a graduate of Clemson University, with a bachelor's degree in financial management. About ERA Real Estate ERA Real Estate is an innovative franchising leader in the residential real estate industry with nearly 45 years of experience in developing consumer-oriented products and services. The ERA network includes approximately 37,000 affiliated brokers and sales associates and approximately 2,350 offices throughout the United States and 33 countries and territories. Each office is independently owned and operated. ERA Real Estate is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global provider of real estate services. ERA Real Estate information is available at: ERA.com.
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Coldwell Banker Real Estate Announces Leadership Succession
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Realogy Franchise Group Appoints Carter Murdoch as Senior Vice President of Operations
MADISON, N.J., July 13, 2016 -- The Realogy Franchise Group (RFG), a global leader in real estate franchising, today announced the recent appointment of Carter Murdoch, Ph.D. to the newly created role of senior vice president of operations. Murdoch will oversee RFG's Centers of Excellence, which provide expertise, support and solutions for Realogy-affiliated brokers across all of its brands in the specific areas of business development, data, learning and technology deployment. Murdoch most recently held the role of senior vice president, strategic growth and industry relations at Century 21 Real Estate LLC, which is part of the Realogy Franchise Group. He also has more than 20 years of operational management experience in the mortgage and banking industries. "Carter Murdoch has gained a deep knowledge of our brands, the Realogy Franchise Group as a whole and he understands the business needs of our franchisees," said Alex Perriello, president and chief executive officer, Realogy Franchise Group. "He is a seasoned professional with a proven track record, and I have tremendous confidence in his ability to lead our Centers of Excellence." "The RFG Centers of Excellence are comprised of integrated teams and strong resources that taken together provide a level of service and specialty consulting currently unmatched in our industry," said Murdoch. "I am eager to oversee the leadership of these Centers and leverage our strategy to bring a whole new level of service to our affiliated brokers and independent sales associates." Murdoch was previously with Bank of America for 11 years, during which he most recently served as senior vice president of business operations. Previously, he served as managing director and principal economist for the National Association of REALTORS®. He completed his Ph.D. in Economics from Drexel University's LeBow College of Business, an M.A. in Administration from Villanova University and a B.A. in Economics from Syracuse University. About Realogy Holdings Corp. Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising and brokerage with many of the best-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty® and ZipRealty®. Collectively, Realogy's franchise system members operate approximately 13,600 offices with more than 257,200 independent sales associates conducting business in 110 countries and territories around the world.  NRT LLC, Realogy's company-owned real estate brokerage, is the largest residential brokerage company in the United States, operates under several of Realogy's brands and also provides related residential real estate services. Realogy also owns Cartus, a prominent worldwide provider of relocation services to corporate and affinity clients; Title Resource Group (TRG), a leading provider of title, settlement and underwriting services; and ZapLabsSM, its innovation and technology development subsidiary.  Realogy is headquartered in Madison, New Jersey.
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Realogy Appoints Seasoned Internet Veteran to Its Board of Directors
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REAL Trends Announces America's Best Real Estate Agents List
  DENVER, July 7, 2016 -- REAL Trends, the Trusted Source in residential brokerage, released today the 2016 REAL Trends America's Best Real Estate Agents list. This is REAL Trends' fourth year producing the ranking and it is sponsored by Zillow Group. The list ranks the most productive agents by state and metropolitan area based on closed transaction sides and closed volume. Agents and brokers selected for the 2016 REAL Trends America's Best Real Estate Agents list receive additional exposure on Trulia® and Zillow® to help them grow their business. "With today's release of the 2016 America's Best Real Estate Agents list, an elite group of real estate agents across the country are receiving well-deserved recognition. These sales associates are far above average and have built enormously successful small businesses in an extremely competitive field," said Steve Murray, president of REAL Trends. More than 12,000 real estate professionals from every state are featured. To be included in the ranking, agents must have closed at least 50 transactions, compared with the industry average of seven, or $20 million in closed sales volume. Teams must have closed 75 transaction sides or $30 million in closed sales volume in 2015 to be included. This ensures that only the best of the best are included on the prestigious list. "Less than 1 percent of the agents and teams in America account for 5 percent of all sales," said Murray. "It is amazing to think about how hard they have worked and how focused they are on their clients. They have to be in order to be listed on this report. We are pleased to congratulate this year's members of Americas Best Real Estate Agents." Click on www.AmericasBestRE.com to see the 2016 REAL Trends America's Best Real Estate Agents list. The 2016 REAL Trends America's Best Real Estate Agents list is sponsored by Zillow Group, which houses a portfolio of the largest real estate and home-related brands on the Web and mobile. METHODOLOGY REAL Trends America's Best Real Estate Agents honors America's finest real estate agents and their companies and is compiled and analyzed by REAL Trends. The rankings are compiled based on surveys from virtually every national branded network, many state and local associations of Realtors®, multiple listing services, all applicants from past years' rankings, and the 1,600 largest brokerage firms in the United States. Verification from an independent source is required for all submissions. In addition, REAL Trends senior staff reviews every submission for completeness and accuracy. ABOUT REAL Trends REAL Trends is a privately-held publishing, consulting and communications company specializing in the residential brokerage and housing industries. REAL Trends provides a wide range of advisory services to a clientele of local, regional, national and international real estate organizations. REAL Trends' areas of expertise include operational analysis, valuations, merger and acquisition advisory services, technology consulting, consumer and business research and strategic planning. Visit REAL Trends at www.realtrends.com.
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Lone Wolf Real Estate Technologies Appoints New CEO and Executive Chairman
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REALTORS® to Congress: Flood Insurance Rates Post Threat to Business, Homeownership
  WASHINGTON (June 30, 2016) — Flood insurance costs continue to put small businesses and homeownership at risk, but the National Association of Realtors® told U.S. Senators today that a range of solutions are on the horizon. David McKey, 2016 vice chair of NAR's Insurance Committee, testified on NAR's behalf before the Senate Small Business and Entrepreneurship committee. McKey told Senators in attendance that Realtors® continue to report that their clients face significant hurdles due to excessive flood insurance costs and future uncertainty. "Despite everything that's been done on this issue, the threat of a $30,000 flood insurance premium still looms," said McKey. "A few years ago, the uncertainty over future rate increases was enough for buyers to direct Realtors® not to show them any listings in the floodplain. That's enough to worry business owners and homeowners alike, and it's something that needs to be addressed." In his testimony, McKey praised the "Homeowner Flood Insurance Affordability Act," which became law in 2014 and reined in the most inaccurate rate increases across the country. Before the Affordability Act, thousands of small business owners faced immediate and excessive rate increases under FEMA's implementation of the "Biggert Waters Flood Insurance Reform Act of 2012." But McKey warned the committee that significant concerns still remain. He noted that even now, rates continue to rise exponentially by 25 percent each year until policy-holders reach their "full-cost rate." For a business or a homeowner to prove that they've reached the full-cost rate, they must hire a licensed surveyor and provide FEMA with a costly elevation certificate. If the certificate shows that the property owner has already reached full cost, the owner may request an optional full-risk rating to end the 25 percent increases. Otherwise, the increases continue. This creates what McKey described as an "endless escalator" of rising costs for businesses and homeowners. Although it isn't possible to determine how many properties will ultimately be affected, current estimates show that roughly 1 million properties have subsidized insurance rates that may be subject to significant increases. McKey reiterated NAR's support for a range of solutions to address the problem, including: Reauthorizing the National Flood Insurance Program, which sunsets in October 2017; Using advanced technology to improve the accuracy of flood maps to provide the data needed to determine how many face unaffordable rates and also reduce the number of property owners who have to file expensive appeals; and Fostering a private insurance market to complement the NFIP. Additionally, McKey suggested an NAR-backed strategy for actually preventing flood damage. By authorizing the use of funds to proactively mitigate properties located in hazard areas, McKey noted that it's possible to protect property owners while saving taxpayers' money. This might include flood proofing, elevating, or otherwise strengthening a property. Unfortunately, while funding is currently available for mitigation efforts, funds typically aren't accessible until after a flood event, when costs are higher and the damage has already occurred. "Realtors® see the effect of rising flood insurance rates firsthand in their businesses and in the local communities," McKey said. "But commonsense solutions to the problem are well within reach. NAR is thankful for the opportunity to testify and applauds the Committee's attention to this important issue." David McKey is the managing broker/owner of Coldwell Banker One in Baton Rouge, Louisiana, and was the 2013 president of the Louisiana Realtors® Association. The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.
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A Leading Number of Realogy Brand-Affiliated Agents and Teams Named to the 2016 REAL Trends/The Wall Street Journal Report
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Keller Williams Home to More of Industry's Top Agent Teams Ranked by Transactions
AUSTIN, TEXAS June 24, 2016 — Keller Williams, the world's largest real estate franchise by agent count, has more agent teams ranked by closed transactions and sales volume than any other franchise in the 2016 REAL Trends'  "The Thousand," an annual list of North America's most successful real estate professionals. Overall, Keller Williams has 118 agent teams on the list of top producers. "As a company, we're committed to helping our associates build careers worth having, businesses worth owning, and lives worth living," said John Davis, president, Keller Williams. "That's why we're focusing our training on boosting agent production – so we can help our people create opportunities for their families." The REAL Trends "The Thousand" features 82 Keller Williams' agent teams in its Top 250 ranking of real estate teams by transaction sides. Collectively, those Keller Williams teams closed 33,357 transactions last year. The 2016 report also features 36 Keller Williams agent teams in its Top 250 list of teams by sales volume. These teams closed more than $5.5 billion in sales. "Our agents' extraordinary performance on this year's 'The Thousand' is further evidence of why so many elite agents are choosing Keller Williams," CEO Chris Heller said. "By teaching proven models and systems and investing in innovation and technology, we're providing top producers with the resources and tools to grow and expand their businesses exponentially." For more information and a complete list of agents on the 2016 REAL Trends "The Thousand", visit www.realtrends.com. About Keller Williams Realty, Inc. Austin-Texas based Keller Williams Realty, Inc. is the largest real estate franchise by agent count in the world with more than 800 offices and 140,000 associates across the Americas, Europe, Africa and Asia. In 2015, Training Magazine named Keller Williams the No. 1 training organization across all industries in the world. Since 1983, Keller Williams has grown exponentially and continues to cultivate an agent-centric, education-based, technology-driven culture that rewards agents as stakeholders. The company also provides specialized agents in luxury homes, commercial and farm and ranch properties. For more information, visit kw.com.
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Realogy Named to Fortune 500 List for Third Year in a Row
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Howard Hanna’s Nothnagle Realtors Celebrates Successful 2015 and Opening of New Orchard Park Office
Buffalo, New York (May 27, 2016) – On Tuesday, May 17, Nothnagle Realtors, a Howard Hanna company, hosted the grand opening celebration of its new Orchard Park Office, managed by Lisa Avery. Once Howard Hanna joined forces with Nothnagle Realtors in 2015, an office expansion due to company growth was inevitable. The new space boasts an open floor plan, beautiful exposed beam ceilings, and brick walls. It is 3,400 square feet, making it three times the size of the former office, with ample space for 30+ agents to call it "home." Located in the Four Corners of the Village of Orchard Park, this new office space will be convenient for home sellers and buyers, as well as sales associates who work out of Orchard Park. In addition to the new office, Nothnagle Realtors also expanded its team in 2015 with 156 new sales associates, including 54 experienced agents and 102 who were newly licensed. The company also saw increases of over 9% in sales volume and 5.4% in transaction sides for a total of $1.5 million in sales volume. As a Howard Hanna company, Nothnagle Realtors offers Hanna exclusive programs in all of its offices, including the 100% Money Back Guarantee, Homes of Distinction, and income advantage program for sales associates. The Howard Hanna 100% Money Back Guarantee gives home sellers who participate the promise that the company stands behind the value of the home. The result is a home that sells faster and at a higher market value. Home buyers have confidence in the worth of the home that they are purchasing, and out-of-state buyers who may be unsure of a neighborhood receive assurance of the quality of the market. The exclusive Homes of Distinction program is a luxury leader, providing elite clients with distinctive services for their unique homes. Listing a high-end home through Homes of Distinction means unmatched marketing power, online exposure, public relations, and the benefit of our relationship with Luxury Portfolio. Through this affiliation, we are able to deliver a high-value, highly personalized experience to an increasingly savvy, sophisticated clientele. Lastly, one of the most popular offerings for sales associates across Howard Hanna markets is income advantage. This program reinforces the earnings of agents with the guarantee of a steady monthly income. Offering security and stability to our sales associates allows them to focus on servicing home buyers and sellers. Due in part to the implementation of these Howard Hanna programs, now also offered by Nothnagle Realtors, the company ranks 4th among U.S. residential real estate brokers, as reported in RealTrends Magazine. Furthermore, the combined 2015 performance of the Howard Hanna companies resulted in closed sales of over $12 billion and 66,714 transaction sides. For more information, please visit www.Nothnagle.com and www.HowardHanna.com. Howard Hanna Real Estate Services is the #1 real estate company in Pennsylvania and Ohio and the 4th largest real estate company in the United States. The family-owned and operated company specializes in residential and commercial brokerage service, mortgages, closing and title insurance, land development, appraisal services, insurance services, corporate relocation and property management. With 205 offices across PA, OH, NY, VA, MI, WV, NC & MD, Howard Hanna's more than 7,100 sales associates, managers and employees are guided by a spirit of integrity in all aspects of the real estate process.
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California REALTORS® applaud Gov. Brown's "build by right" housing proposal
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Two Executives Join the Nestbuilder Sales Team at RealBiz
NEW YORK, NY--(May 11, 2016) - RealBiz Media Group, Inc. today announced that Wendi Stevens and Mike Bollar, both former sales executives at Zurple.com, have joined RealBiz as VP Sales & Operations and National Manager Sales, respectively. "As the heart of the sales effort at Zurple.com, they were critical in building the company's sales to approach $1,000,000 per month and its eventual successful acquisition by Constellation Software, Inc. CSU (TSE)," said Alex Aliksanyan, CEO of RealBiz. Wendi and Mike will spearhead the new sales effort now at RealBiz. NestbuilderAgent, RealBiz's powerful new product, will be Mike's main focus while Wendi will function across all product lines, including ancillary sales of RealBiz's flagship video assets. "I am so excited to be a part of the sales effort at RealBiz," said Wendi Stevens. "The NestbuilderAgent product is like nothing I have ever seen in its scope and breadth; agents will absolutely love it! I also see extensive lateral sales opportunities for the core video technology that is so superlative at RealBiz." "With Wendi and Mike, we are bringing together the foundations of a proven, experienced direct-to-agent sales team to RealBiz. They have proven what they are capable of at Zurple, directing that company to over $10,000,000 in sales and a successful buy out. We have the product and now we have the sales team to complement and close the loop," continued Mr. Aliksanyan. About RealBiz Media Group, Inc. RealBiz Media Group, Inc. is a real estate digital media and technology company whose video processing technology makes it one of the leaders in providing home video tours to the real estate industry. Its client base reaches more than 350,000 real estate agents and brokers. The company provides a series of products including a consumer portal at http://www.nestbuilder.com, an agent-only platform known as PowerAgent, an agent social media and marketing solution known as ReachFactor, a growing MVA network, virtual tours and mobile apps. The company enjoys access to many of the nation's largest real estate companies with numerous approved vendors and national contracts.
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CREB Provides RE Technology as Newest Member Benefit
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Realtor.com Operator Move, Inc. Names Vineet Singh Chief Data Officer
  SANTA CLARA, Calif., April 28, 2016 -- Move, Inc., a subsidiary of News Corp and operator of leading online real estate services destination realtor.com®, today announced the appointment of Vineet Singh as its first-ever chief data officer. Singh will lead realtor.com®'s data science and engineering with a focus on driving innovation to make it easier for home buyers, sellers and dreamers to find their perfect home. Singh brings more than 25 years of experience focused on data mining, research and analytics at world class technology companies, including Intuit, HP, Hitachi, Ltd. and IBM.  At Move, he will report to Suhail Ansari, the company's chief technology officer. "This new role underscores the vital importance of economic and consumer data to the online real estate industry. In addition to supplementing our comprehensive and accurate listing information with better market data, a focus on data science and engineering also enables us to drive a much more compelling and personalized user experience," Ansari said. "Vineet brings the right mix of academic, research, analytics and data science experience to drive innovation that will help realtor.com demystify one of the biggest decisions most people will make in their lifetime." Singh spent seven years at Intuit in various leadership roles overseeing the company's data science, data engineering, new business innovation and web research and analytics. Prior to Intuit, he spent eight years at HP, where he led data teams in research, engineering, and services. As business intelligence principal in the Services business, he built the Americas practice from the ground up and doubled the revenue of the global practice. As the chief scientist of the Hitachi Information Technology Lab, Singh led a world-class team of data scientists who collaborated with faculty at Stanford and MIT and filed numerous patents. A frequent keynote speaker and author of dozens of articles in leading journals and conferences, Singh has been awarded 10 patents. He holds a bachelor's degree in electrical engineering from the Indian Institute of Technology, a master's degree in computer science from MIT and a Ph.D. in artificial intelligence from Stanford University. About Move, Inc. and realtor.com® Move, Inc. operates the realtor.com® website and mobile experiences, which provide buyers, sellers and renters of homes with the information, tools and professional expertise they need to discover and create their perfect home. News Corp acquired Move in November 2014, and realtor.com® quickly established itself as the fastest growing online real estate service provider as measured by comScore. As the official website of the National Association of REALTORS®, consumers know they can look to realtor.com® for the most comprehensive and accurate information anytime, anywhere. With relationships with nearly 800 multiple listing services (MLS), realtor.com® has more than 3 million for-sale listings, which account for more than 97 percent of all MLS-listed for-sale properties. More than 90 percent of the listings are updated every 15 minutes. Move's network of websites provides consumers a wealth of innovative tools, including Doorsteps®, Moving.com™, SeniorHousingNet and others. Move supports real estate professionals by providing many services to grow their businesses in an increasing digital, on-demand world, including ListHub™, the nation's leading listing syndicator and centralized intelligence platform for the real estate industry; TigerLead®; Top Producer® Systems; and FiveStreet and Reesio as well as many free services.
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Real Safe Agent Selects Susan Young for Vice President of Industry Relations
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New Acquisition Brings Lone Wolf Real Estate Technologies One Step Closer to Vision of a Completely Integrated Real Estate Business
  Cambridge, ON (April 25, 2016)--Lone Wolf Real Estate Technologies, the North American leader in residential real estate software, announces the purchase of WhereToLive.com. The deal advances Lone Wolf's mission to streamline the workflow of the real estate industry and create the only true Complete Enterprise Solution with a single point of data entry. Founded in 1999, WhereToLive.com has been creating technology tools to power some of the top real estate brands across the United States and Canada for over 16 years. "This acquisition aligns with our vision of a completely integrated real estate business," says Lorne C. Wallace, CEO of Lone Wolf Real Estate Technologies. "At Lone Wolf, we have a clear vision of a real estate eco-system. We believe that a single point of entry, whether for leads, agents or listings, is critical for an efficient and successful brokerage. This acquisition brings the WhereToLive clients and us one step closer to that vision." The addition of WhereToLive.com, its people, products and clients, to the Lone Wolf team, aligns with other recent acquisitions in the internet based product space including Barcode Realty, Real Web Solutions Inc., Millennium Real Estate Solutions Inc., WebTech Dezign Inc., and eWebEngine Internet Marketing Solutions. The goal is to create a stream of data among the various components utilized in a real estate brokerage and provide the residential real estate industry with the most complete brokerage management tool available. About Lone Wolf Real Estate Technologies Lone Wolf Real Estate Technologies Inc. is the North American leader in real estate solutions and services with nearly 10,000 offices and over 250,000 agents utilizing their fully integrated product lines. Lone Wolf's experience and unmatched knowledge of the industry has provided a unique opportunity to develop the Complete Enterprise Solution. The Complete Enterprise Solution is a fully integrated product line comprised of back office, front office and web-based software providing a single point of data entry, improved efficiency and additional opportunities to identify revenue for real estate professionals. The Complete Enterprise Solution also integrates with partner solutions to create an eco-system of brokerage operations that enable brokerages and agents to operate more efficiently and increase opportunities for profitability. Lone Wolf has offices in Cambridge, ON, Langley, BC, Mississauga, ON, Las Vegas, NV, Show Low, AZ, Atlanta, GA, and Tallahassee, FL. For more information, please visit www.lwolf.com.
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Momentum from Huge Year Propels Real Estate Tech Company up Prestigious List of Canada’s Top IT Companies
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Second Century Ventures® Announces 2016 REach® Accelerator Class
  CHICAGO, April 19, 2016 -- The National Association of Realtors® strategic investment fund, Second Century Ventures, today announced the seven companies chosen to be part of the fourth class of NAR REach, a vertical tech accelerator helping launch companies into the real estate, financial services, banking, home services and insurance industries. The program is focused on providing these early- to mid-stage companies access to the expertise, influence and key relationships NAR provides, as they are launched into the trillion dollar real estate space. "This year's class represents an incredibly diverse mix of organizations that are providing both real estate professionals and their clients with tools and resources to simplify and elevate their personal and professional lives in a real, tangible way," said Dale Stinton, NAR CEO and SCV president.  "We're looking forward to providing these seven companies with unparalleled insight that comes from being ingrained in an industry for more than 100 years." The companies in this year's class have raised over $30 million in funding to date and have a total valuation of more than $150 million. While the specific stage of each company varies, those chosen proved to have solid business models, executable business plans and significant potential to impact the real estate space and beyond. This year's class includes: Flipt enables brokers and agents to win more listings by connecting with millions of home sellers at the earliest stages of their selling decision. Homeselfe by Energy Datametrics helps brokers and agents engage more prospects and close more deals by helping their clients lower utility bills by 30 percent, get rebates for upgrades and increase home value. HomeDiary by FloorPlanOnline allows homeowners and buyers to dream and visualize updates to their homes using an interactive 3-D rendering while also recording items, inventory and improvements. Sindeo has rebuilt the home financing experience from the ground up, making it simpler and more transparent, helping real estate pros qualify more clients and close more deals. Trust Stamp uses over 200 public records and social data to provide reliable ID verification in under one minute for real estate agents meeting new prospects or clients. VA Loan Captain provides real estate agents with a comprehensive set of personalized tools allowing them to attract military and veteran home buying customers. Zenergyst makes real estate transactions easy with a fully integrated broker management and transaction system. "We are looking forward to kicking off this year's class and working with the companies announced today to help build on their ideas and meaningfully grow their customers and users," said Mark Birschbach, managing director of REach. "The exposure and feedback they will receive from working with some of the best in the business through one-on-one meetings and at real estate events will set them up for success in ways not possible through any other program." Throughout the eight-month program these companies will be provided mentorship from top real estate moguls, venture capitalists, and other tech entrepreneurs along with extensive education to help them navigate the complex real estate marketplace. Competition for the program was stiff; for the fourth consecutive year over a hundred companies applied to REach. The seven organizations can expect significant results, as past classes have doubled, on average, their customer base and collectively raised over $40 million in financing both during and after completing the program. About Second Century VenturesSecond Century Ventures (SCV) is an early-stage technology fund, backed by the National Association of Realtors®, that leverages the association's 1 million members and an unparalleled network of executives within real estate and adjacent industries.  SCV systematically launches its portfolio companies into the world's largest industries including real estate, financial services, banking, home services, and insurance. SCV seeks to define and deliver the future of the world's largest industries by being a catalyst for new technologies, new opportunities, and new talent. About National Association of Realtors®The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
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Placester Acquires RealSatisfied to Increase Business Intelligence for Brokers
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Realtors® Give Homebuyers Leg Up in Competitive Spring Market
  WASHINGTON (April 13, 2016) – With demand exceeding supply in markets across the U.S., homebuyers may be facing an uphill battle to find the perfect home this spring. Total housing inventory at the end of February was 1.88 million existing homes available for sale, 1.1 percent lower than last year and at a 4.4 month supply at the current sales pace, which is below the roughly six month supply level needed for a balanced market between buyers and sellers. In competitive markets like this, it is important that homebuyers work with a Realtor®.  Realtors® who have the National Association of Realtors®' Accredited Buyer's Representative® designation are specialized practitioners focused on working directly with buyer-clients and helping them through the challenges of finding the right home in a seller's market. "When there is more demand than inventory homes sell quickly, prices rise and bidding wars can start," said NAR President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Florida. "A Realtor® with an ABR® designation is a home buyer's upper hand; they understand local markets and can negotiate on behalf of their buyer-clients." Adds Salomone, "Buying a home is often one of the biggest decisions of a person's life, and having a Realtor® in their corner is the ultimate advantage. They are there to guide consumers through the complexities of this life-changing transaction." NAR's 2015 Profile of Home Buyers and Sellers asked recent homebuyers what they look for when deciding on a real estate agent; 53 percent said they were looking for someone who could help them find the right home to purchase, and 12 percent said they wanted someone who can help them negotiate the terms of sale. The report also found that homebuyers look at a median of 10 houses before deciding on one to purchase, and the typical search lasts for 10 weeks. "Having a real estate expert with specific knowledge of the local market and purchase process can mean the difference between a homebuyer getting that 10th house and having to search for another," said Salomone. In 2016, the ABR® designation celebrates its 20th anniversary, with over 28,000 ABR® designees. Realtors® with the designation are experienced real estate agents who have completed advanced training in representing the specific needs of buyers during a real estate transaction and have unique, up-to-date insights on the best way to approach their local market. The designation is awarded by the Real Estate Buyer's Agent Council, a wholly-owned subsidiary of NAR and the world's largest association of real estate professionals focusing specifically on representing the real estate buyer. To find out more about the ABR® designation and the homebuying process, consumers can visit rebac.net/home-buying. The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing more than 1.1 million members involved in all aspects of the residential and commercial real estate industries.
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21 Members of The Enterprise Network Make REAL Trends Top 500 List
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Metro MLS Hires Data Guru Chris Lambrou as Chief Information Officer
Milwaukee, Wisconsin, March 1, 2016 - Metro MLS is pleased to announce its recent hire of Chris Lambrou, who will join the team as Chief Information Officer. Within this role, he will be responsible for combining public data, MLS data, and parcel data to offer information that will better inform Realtor members to ensure they will continue to be subject matter experts in serving their clients. Lambrou joins Metro MLS with 17 years of MLS industry experience, including multiple honors and accomplishments. He is currently the chair for RESO's newly formed Internet Tracking Workgroup and IEEE's hackathon committee. Most recently, Lambrou was VP of Special Projects/R&D at Midwest Real Estate Data (MRED). There, he designed a group collaboration web service that streamlined shortsales for REALTORS® that was used by over twenty MLSs, assisted thousands of families nationwide, and was adopted by Fannie Mae as their official short-sale solution. Before that, he was the Help Desk Supervisor for 10 years which ended in MRED's first-ever nationally recognized "top call center in America" award. Chris has also created a popular social media based toolkit that provides real estate professionals with the ability to easily market and measure themselves on the social web, all while developing new customer relationships. Metro MLS CEO, Chris Carrillo said: "This is an exciting appointment for both our Metro MLS team, and the members we serve. Through Chris's proven experience, energy, and innovative conceptualizations, we are confident he will be a great asset." Chairman of the Metro MLS Board of Directors and President of Shorewest REALTORS, Joe Horning said, "Chris (Lambrou) brings a nice dynamic. His vast experience and relationships within the industry will be invaluable to Metro MLS subscribers." About Metro MLS: The Multiple Listing Service, Inc. is a partnership of area Realtor Associations serving over 6300 Realtors in Southeast Wisconsin and the Greater LaCrosse Area. The MLS acts as a full service clearinghouse to bring together buyers and sellers and provide Realtors, their clients and customers with real property information. Detailed information about thousands of properties in our marketplaces form the core services of MLS. Along with superior training and technical support, MLS provides these information services to support Realtors® in meeting the needs of consumers.
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Alon Chaver Joins HomeServices of America as Chief Information Officer
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National Association of Realtors® Team Creates Winning Data Visualization Project for Hackathon
  WASHINGTON, March 10, 2016 -- The National Association of Realtors®' Center for Realtor® Technology recently participated in Koding Inc.'s 2016 global virtual hackathon and took second place out of more than a thousand teams. NAR's CRT staff was part of the ChicagoHacksBig team and participated in the visualization portion of the hackathon. The project used modern sensing technology to better understand how residents live and move around in cities; the team created a map visualizing time-series data of 10,000 people in 16 cities moving between 4,500 venues over the course of one evening. Down the line, sensing devices like these could help Realtors® in both commercial and residential real estate to identify the overall health of a neighborhood, not by identifying individual people, but by aggregating data throughout a city. "Embracing new technologies is an essential part of how Realtors® conduct business, and over the years NAR has invested a lot of time and millions of dollars in developing and building online real estate tools," said National Association of Realtors® President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Florida. "We are so excited to be on the cutting edge of this new technology, demonstrating our organization's commitment to continuously provide Realtors® with the latest and greatest tools available in the industry." The team's second place prize of $30,000 will be donated to Smart Chicago Collaborative, a civic organization dedicated to helpingChicago residents gain access to the Internet and improving their technological skills. The team also included individuals from Gimbal Beacons, Bank of America, CartoDB, DoStuff app and Groupon. For more information on the Center for Realtor Technology, visit CRTLabs.org. The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing more than 1.1 million members involved in all aspects of the residential and commercial real estate industries. Information about NAR is available at www.realtor.org.
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Placester Acquires Homefinder LLC to Connect Agents to Hyperlocal Markets
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Lone Wolf Real Estate Technologies Recognized as One of the Most Innovative Technology Companies in Real Estate
  Cambridge, ON (March 03, 2016) — For the second year in a row, Lone Wolf Real Estate Technologies has been named to HousingWire’s 2016 HW Tech100™, a list that recognizes the top technology companies servicing the U.S. housing economy. The real estate industry is constantly changing and technology is critical for companies looking to navigate these changes while remaining accessible to consumers, efficient in operations and compliant with regulations. Just as the industry is always changing, new technology providers are constantly emerging and attempting to help companies reach their goals. The HW Tech100™ recognizes the most innovative of these companies and reserves space for only the very best technology in the industry. The HW Tech100™ is the only list of tech innovation that captures the entire U.S. housing economy, spanning real estate to mortgage lending, servicing, and investments; making inclusion a truly special honor. Applicants for the 2016 award were up from previous years and each company’s innovation was evaluated along six dimensions: market influence, market potential, unique solution, growth, elegant implementation and the “it” factor. “It’s incredible to see the universe of tech options now available to our industry,” said HousingWire Magazine Editor, Sarah Wheeler. “Some of the best and brightest minds are clearly working in our space to address the extraordinary challenges our industry is facing.” Lone Wolf was selected for its innovation in technology solutions and services for the real estate industry. The company offers the only Complete Enterprise Solution, comprised of a fully integrated suite of products and services, tailored to meet the needs of a real estate brokerage. “Recognition for the second year in a row is a great honor. Our products and service offerings play an obvious role in this achievement but I believe it goes beyond that, to our people,” says Lorne C. Wallace, CEO of Lone Wolf. “We have an amazing team here at Lone Wolf, who work hard to produce products and services worthy of this recognition.” About Lone Wolf Real Estate Technologies Lone Wolf Real Estate Technologies Inc. is the North American leader in real estate solutions and services with nearly 10,000 offices and over 250,000 agents utilizing their fully integrated product lines. Lone Wolf’s experience and unmatched knowledge of the industry has provided a unique opportunity to develop the Complete Enterprise Solution. The Complete Enterprise Solution is a fully integrated product line comprised of back office, front office and web-based software providing a single point of data entry, improved efficiency and additional opportunities to identify revenue for real estate professionals. The Complete Enterprise Solution also integrates with partner solutions to create an eco-system of brokerage operations that enable brokerages and agents to operate more efficiently and increase opportunities for profitability. Lone Wolf has offices in Cambridge, ON, Langley, BC, Mississauga, ON, Las Vegas, NV, Show Low, AZ, Atlanta, GA, and Tallahassee, FL. For more information, please visit www.lwolf.com. About HousingWire HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.
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Florida Realtors® Announces New Chief Economist
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Sotheby's International Realty Brand Wins 'Best in Category' in Franchisee Satisfaction for Ninth Consecutive Year in Franchise Business Review Awards
  Madison, N.J. 02-19-2016 — Sotheby’s International Realty Affiliates, LLC today announced it won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the ninth year in a row. The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 11th annual Franchisee Satisfaction Awards presented by Franchise Business Review.  In addition to earning the top real estate ranking, the Sotheby’s International Realty® brand also came in fourth in the overall top 50 and second among the Top 50 “Systems with 250 or more units,” which is a ranking of all franchise systems across all categories with more than 250 locations. “We are so proud to receive this distinction for the ninth year in a row,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “We are committed to always helping our network achieve greater levels of success and we are so pleased that our affiliates hold us in such high regard within the ranking system.  The reason the Franchise Business Review recognition is so rewarding is because it is measured by input from our most important asset: our affiliates.” Franchise Business Review surveyed more than 28,000 franchisees representing 339 franchise brands for the annual Franchisee Satisfaction awards.  Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction. Additionally, demographic and lifestyle questions gave a 360-degree view of the franchise ownership experience.  Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. For a complete list of this year’s award winners, go to www.FBR50.com. "Sotheby's International Realty continues to impress with higher franchisee satisfaction scores than benchmark in every category of Franchise Business Review's annual survey,” said Franchise Business Review president Michelle Rowan. “The brand particularly excels in ‘Training and Support,’ with an overall 31% higher satisfaction rating than benchmark.” The Sotheby’s International Realty network currently has more than 18,000 sales associates located in approximately 825 offices in 61 countries and territories worldwide. Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, each firm’s brokers and their clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated. About Sotheby’s International Realty Affiliates LLC Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.  In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house.  The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.
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