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Tech-Enabled Home Renovation Company Curbio Inc. and @properties Announce Partnership
The partnership will allow @properties agents to offer home sellers streamlined access to Curbio's "Renovate Now, Pay at Settlement" solution POTOMAC, Md., Nov. 4, 2019 -- Curbio Inc., the fast-growing real estate technology company that specializes in pre-sale home renovations, announced a strategic partnership with @properties, a nationally recognized real estate brokerage serving the greater Chicago region. Curbio is the only turn-key solution that makes pre-sale renovation fast, easy and profitable for home sellers. The company renovates homes before they're listed so they can sell quickly for the best possible price and defers payment until the home is sold, with no deposit, fees, or finance charges. Its technology platform accelerates the entire renovation process, from the initial estimate to the materials acquisition and project management phases. Curbio completes projects about 60% faster than the average contractor. While some real estate brokerages have launched concierge-type services or vendor-matching programs to finance and/or facilitate renovation, Curbio is the only company that both defers payment and serves as the licensed design/build contractor. Curbio employs full-time general contractors to manage each project and delivers the same high-quality customer experience across its markets. Its on-the-ground Project Managers oversee the renovation, including ordering materials, hiring subcontractors, and monitoring project progress. They communicate real-time photo, text, and video updates to homeowners and agents via the Curbio app. "The traditional approach to renovation is antithetical to the needs of sellers—time consuming, stressful, and not at all focused on ROI," said Rikki Rogers, Vice President of Marketing for Curbio. "Curbio doesn't just defer payment until settlement, we're completely reinventing the renovation experience. Through our partnerships with brokerages like @properties, we're helping homeowners across the country sell faster and make more money, without the stress of a typical renovation." "@properties' new partnership with Curbio is another key piece in our mission of adding value for our clients before, during and after the real estate transaction," said Thad Wong, Co-CEO of @properties. "Their industry-leading pre-sale home improvement service fills a tremendous need in our market and is perfectly in line with our goal of selling our clients' homes for the highest possible price in the shortest amount of time." Through the partnership Curbio will provide @properties agents with an array of marketing resources and training to help them win listings and educate their seller clients on the benefits of renovating before selling their homes. Partnerships with major real estate brokerages support Curbio's strategic decision to work only with homeowners who are represented by a licensed agent. Realtor referrals account for 100% of Curbio's business About Curbio® Curbio Inc. is a venture funded home renovation technology company that specializes exclusively in helping realtors and their clients prepare their homes for sale in order to reduce days on market and increase seller proceeds. From its headquarters in Potomac, Maryland, Curbio operates in the metro areas of Washington DC, Baltimore, Philadelphia, Atlanta, Dallas, Houston, Phoenix, Orlando, Tampa, Miami, Ft. Lauderdale, and Chicago, and will enter dozens more cities in the coming months. About @properties Established in 2000, @properties is the largest residential brokerage firm in the Chicago metro area and one of the largest residential brokerage firm in the United States. @properties has 2,800 agents and 30 offices in Chicago, surrounding suburbs, Southwest Michigan, Northwest Indiana, and Southeast Wisconsin. The firm has also developed a proprietary suite of integrated technology applications called [email protected]™, which includes marketing, transaction-management and client-relationship management systems. @properties-affiliated companies include Ansley Atlanta Real Estate, a 200-agent residential brokerage firm in Atlanta, Ga., and Proper Title, an independent title-insurance agency. For more information, visit www.atproperties.com.
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Howard Hanna Expands in Michigan with New Franchise in Lansing
Lansing, MI (October 7, 2019) -- Tom Schoeller, Howard Hanna Vice President of Franchising, Mergers and Acquisitions, has announced the establishment of a new franchise company in Holt, MI, Howard Hanna Real Estate Executives, led by Tracey Hernly. Over the last several years, Hernly has built one of the leading real estate teams in the Greater Lansing area. Now leading her own firm, and with the support of the Howard Hanna Real Estate Services, she plans to grow a forward-thinking office with a fun, high-energy, professional environment. 'I have always believed in hard work. When I decided I wanted to start my own firm, I researched multiple options. After a long and thorough process, it was clear that Howard Hanna Real Estate Services was the best fit for me, my clients, and the professional agents I want to attract.' 'Tracey Hernly is a dynamic and successful broker who is a great addition to our family of franchise partners. We are thrilled to have Tracey and her team representing us in the Greater Lansing area, and we are incredibly excited for what we will accomplish together,' said Schoeller. This announcement is the latest of many new offices that have opened through the Howard Hanna franchise program. Hanna franchisees have the unique advantage of a true partnership with the third largest real estate company in the United States, as well as the largest family- owned and -operated real estate company in the nation. Franchise agents participate in company-sponsored events and training, and leverage Howard Hanna's award-winning marketing programs and state-of-the-art technology platforms to better serve clients. 'The technology and agent tools that are offered by Howard Hanna are second to none,' said Hernly. 'My agents and I are fired up and ready to ‘paint the town green' with Howard Hanna signs!' The first office for Howard Hanna Real Estate Executives is located at 2101 N. Aurelius Road, 48842. The new green and gold signs will begin appearing at properties throughout Lansing and the surrounding areas this week. Additional locations of Howard Hanna Real Estate Executives will be announced in the near future. For more information, or to schedule a confidential interview, please call 517-819-8642. Howard Hanna Real Estate Services continues to look for strategic partnerships with market leading companies. For franchising information, please contact Tom Schoeller at 570-460-0272 or [email protected] About Howard Hanna Howard Hanna Real Estate Services is the 3rd largest real estate company in the United States, the #1 privately owned broker in the nation, and the largest home seller in Pennsylvania, Ohio, New York, and the Carolinas. The family-owned and -operated real estate company specializes in residential and commercial brokerage service, mortgage, closing and title insurance, land development, appraisal, property and casualty insurance, corporate relocation, and property management. In early 2019, Howard Hanna completed a partnership with the Allen Tate Companies, the 14th largest real estate company in the nation. The combined company has more than 300 offices across PA, OH, NY, VA, MI, WV, MD, NC, SC and IN, with more than 11,000 sales associates and staff who are guided by a spirit of integrity in all aspects of the real estate process. For more information, visit www.howardhanna.com.
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Second Acquisition by Allen Tate Realtors Since Partnership with Howard Hanna
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Realogy Introduces Access to Exclusive Benefits Program for Agents Affiliated with Company-Owned Brokerage Offices
SPARK Association of Real Estate Professionals to Provide Personal and Business Benefits for More Than 50,000 Independent Agents of Company-Owned Coldwell Banker, Sotheby's International Realty, Corcoran, Climb Real Estate and Citi Habitats Brokerages in the U.S. MADISON, N.J., Sept. 25, 2019 -- Realogy Holdings Corp., the leading and most integrated provider of residential real estate services in the United States, today introduced access to the SPARK Association of Real Estate Professionals to agents affiliated with its company-owned offices.​ SPARK is a membership association that offers agents a selection of personal and business benefits, including access to individual healthcare, disability insurance, life insurance, auto and home insurance, identity theft protection, human resources solutions, workers' compensation insurance and commercial property or building insurance. Additionally, SPARK offers members a slate of discounts and services, including complimentary access to Forewarn, an instant risk management, due diligence, and agent safety app. SPARK is currently available to agents affiliated with Realogy's owned brokerages, which operate under the Coldwell Banker®, Sotheby's International Realty®, Corcoran®, Climb Real Estate® and Citi Habitats brands. SPARK is currently being expanded to agents who are part of the Coldwell Banker affiliate network as Realogy explores opportunities to extend access to SPARK across all of its franchise brands, including Better Homes and Gardens® Real Estate, CENTURY 21®, ERA® and Sotheby's International Realty. "We understand that individuals have their own unique needs when it comes to benefits, which is why Realogy has long offered affiliated agents of our company-owned offices access to healthcare," said M. Ryan Gorman, president and CEO, NRT LLC. "The launch of SPARK is an evolution in our strategy to provide affiliated agents access to personal and business benefits to protect their families and businesses and leverage our scale for great perks along the way." As independent contractors, real estate agents are unable to take advantage of benefits offered to traditional employees of an organization. Therefore, most agents are forced to pay out of pocket, and often at full market value, for the protection and assurances. SPARK has been designed as a membership association, which allows independent contractors the ability to leverage their collective power to enjoy personal and business benefits. "Real estate agents are entrepreneurs who face numerous challenges managing personal and business needs. We are pleased that the SPARK Association of Real Estate Professionals has the platform and ready access to services to help agents take full advantage of the benefits they require and deserve," said Scott Reid, National Membership director, SPARK Association of Real Estate Professionals. About Realogy Holdings Corp. Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of residential real estate services in the U.S. 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®, Climb Real Estate®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, Sotheby's International Realty® as well as NRT, Cartus®, Title Resource Group and ZapLabs®, 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 188,600 independent sales agents in the United States and approximately 111,200 independent sales agents in 113 other countries and territories. Realogy is headquartered in Madison, New Jersey.
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Realogy Partners with HomeAdvisor to Launch Home Improvement Program
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Announcing Realogy Military Rewards: New Home Buying and Selling Program Launches for ALL Military Personnel, Veterans and Their Families
Military Families Can Earn Cash Back* When They Buy or Sell a Home MADISON, N.J., Sept. 10, 2019 -- Realogy Holdings Corp., the largest full-service residential real estate services company in the United States, today announced Realogy Military Rewards, a new home buying and selling program that will offer $350 to $7,500 in cash back or rewards to those who have served our country and their extended families. Realogy Military Rewards builds on the company's 30 years of experience assisting military families with their home sales and purchases and is now available to all military personnel, veterans and their extended families in most U.S. states. The program benefits are based on the home's sale or purchase price when transacting with one of Realogy's well-known and trusted residential real estate brands, including Better Homes and Gardens® Real Estate, Century 21®, Coldwell Banker® and ERA® . Through Cartus Corporation, a Realogy subsidiary, and its Broker Network, a Military Rewards Advocate matches consumers with affiliated agents who are experts in the local area as well as the intricacies of military moves. The Cartus Broker Network is a broad network substantially comprised of Realogy affiliated brokers and agents who earn very high customer satisfaction and loyalty by applying their expertise to support both home buyers and sellers through the complex real estate process and to ultimately close their transactions in faster-than-average times. "Realogy has a long history of supporting our servicemen and servicewomen during one of life's most special and critical milestones: buying or selling a home," said Ryan Schneider, Realogy's chief executive officer and president. "The new Realogy Military Rewards program extends our support to the entire U.S. military community and their families by providing a real estate agent experienced with military moves, an advocate to offer support along the way, and substantial cash back upon closing." It's Our Turn to Serve You: A More Rewarding Home Transaction Experience Connection to an Experienced Real Estate Agent: Realogy Military Rewards seamlessly connects home buyers and sellers to top-rated affiliated real estate agents across the entire United States. Matched according to the client's profile, participating agents, who are affiliated with one of Realogy's trusted residential real estate brands, have been selected based on their exceptional customer service record, local market expertise and experience with the complexities of military moves. An Advocate to Support Along the Way: Additionally, the home buyer or seller will be connected to a Military Rewards Advocate, who will work side-by-side with their agent to ensure a seamless real estate transaction. Generous Cash Back Bonus or Rewards: After closing, the home buyer or seller can receive $350 to $7,500* in a cash back or reward bonus based on the sale or purchase price of their home. For more information on Realogy Military Rewards, please call 800-752-3642 or visit www.RealEstatePerk.com/RealogyMilitaryRewards. About Realogy Holdings Corp. Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of residential real estate services in the U.S. 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®, Climb Real Estate®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, Sotheby's International Realty® as well as NRT, Cartus®, Title Resource Group and ZapLabs®, 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 188,600 independent sales agents in the United States and approximately 111,200 independent sales agents in 113 other countries and territories. Realogy is headquartered in Madison, New Jersey.
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Century 21 Real Estate Surpasses 10,000-Office Milestone
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Opendoor and Redfin Partner to Provide More Options to Home Sellers
Program gives home sellers the ability to request an Opendoor offer through Redfin SAN FRANCISCO and SEATTLE, July 11, 2019 -- Opendoor and Redfin, two of the nation's largest technology-powered real estate companies, today announced home sellers in Phoenix and Atlanta can now request an Opendoor offer through Redfin's site and mobile apps. By coming together, Opendoor and Redfin are giving homeowners more options for selling their home in a simple and convenient way. Redfin will also continue to expand RedfinNow, its own instant offer service. With this partnership, home sellers will have the opportunity to compare listing their home on the open market with a full-service Redfin agent to receiving an instant offer from Opendoor and skipping the process of listing altogether. By presenting a complete set of selling options, Opendoor and Redfin are empowering homeowners to make the best decision based on their needs and situation. The partnership is currently live in the Phoenix and Atlanta markets, and the companies will evaluate expanding to additional markets. "Every homeowner should have a choice between putting a home on the market via a Redfin agent, or taking an instant cash offer," said Redfin CEO Glenn Kelman. "No matter how fast RedfinNow expands, there will always be homes we can't buy, because it's so hard to match our capabilities and capital with the market's ups and downs. Just as traditional agents are our partner for brokered sales our own agents can't handle, Opendoor is our partner for giving customers reliable, competitive offers on homes we ourselves can't buy." "Redfin and Opendoor are bringing together the reach of the most visited online brokerage with the scale of the largest iBuyer service to deliver a comprehensive service for more customers," said Eric Wu, founder and CEO of Opendoor. "Both companies are focused on making the experience of buying and selling a home simple and hassle-free. By working together, we can amplify our efforts and give customers more choice when making one of the biggest financial decisions of their lives." Providing Redfin Customers with an Opendoor Offer Phoenix and Atlanta homeowners who visit Redfin's website or mobile apps will be able to request an instant offer from Opendoor as part of their homesale inquiry. When the Redfin agent meets with the homeowner, the agent will advise her on the home selling process, what her home is likely worth on the open market, and will present her with Opendoor's offer. The homeowner can choose to sell to Opendoor to maximize convenience and control, or work with a full-service Redfin agent to list the home on the open market for a 1.5 percent listing fee. If the homeowner does not want to meet with a Redfin agent, she can choose to receive only the Opendoor offer. Redfin will receive a referral fee for each customer who decides to sell to Opendoor. Expanding Access to Opendoor's Home Listings Redfin will also market Opendoor's home listings on Redfin.com and Redfin's mobile apps and promote Opendoor's all-day Open House, where buyers can unlock the home on-demand from their phone and self-tour. About Opendoor Opendoor's mission is to empower everyone with the freedom to move. Since 2014, Opendoor has provided people across the US with a radically simple way to buy, sell or trade-in a home. Opendoor currently operates in 20 markets in the US and expects to be in 50 cities by the end of 2020. Headquartered in San Francisco, Opendoor has over 1,300 employees. For more information, please visit www.opendoor.com. About Redfin Redfin is a technology-powered 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 90 major metro areas across the U.S. and Canada. The company has helped customers buy or sell homes worth more than $85 billion. For more information or to contact a local Redfin real estate agent, visit www.redfin.com.
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Four Berkshire Hathaway HomeServices Network Members Merge Tarbell, Realtors
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eXp Realty Exceeds 20,000 Agents in North America
BELLINGHAM, Wash. -- June 24, 2019 -- eXp Realty, The Real Estate Cloud Brokerage, and a subsidiary of eXp World Holdings, Inc. today announced that the company has exceeded 20,000 real estate agents across North America. This important company milestone represents nearly doubling of agent count in one year. Since the beginning of the year the agent base of eXp Realty has grown more than 28 percent. "I can't tell you how amazing a feeling it is to be working with 20,000 plus like-minded real estate professionals in all 50 U.S. states, Washington, D.C. and Canada, and soon the U.K., Australia and beyond," said eXp Realty CEO and Founder Glenn Sanford. "It's an honor to be building a business together with our entire leadership team and staff that is literally changing what it means to go to work. We are creating local communities of agents servicing local communities without the friction of legacy physical infrastructure. None of this would be possible if we didn't go to work every day focused on the real estate agent experience and the long-term agent value proposition." This comes on the heels of being honored as No. 4 for closed transaction sides and No. 5 for closed sales volume in 2018 on the 2018 REAL Trends 500, which ranks the 500 largest brokers in the United States; and named No. 3 top brokerage by agent count at the end of 2018, No. 4 for transaction sides and No. 6 for sales volume in 2018 on the 2018 Swanepoel Mega 1000, which ranks the top 1,000 U.S. residential real estate brokerages. About eXp Realty eXp Realty is an eXp World Holdings, Inc. (NASDAQ: EXPI) company. eXp World Holdings also houses eXp World Technologies, LLC, which operates the VirBELA platform. eXp Realty, The Real Estate Cloud Brokerage™, is the largest residential real estate brokerage by geography in North America. It is one of the fastest growing real estate brokerage firms in North America with more than 20,000 agents across four Canadian provinces, 50 U.S. states and the District of Columbia. The company recently announced expansion into the U.K. and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth. VirBELA offers a modern, cloud-based environment focused on education and team development with clients in various industries from government to retail. VirBELA developed eXp Realty's current cloud campus, which provides 24/7 access to collaborative tools, training and socialization for the company's agents and staff. For more information, please visit the company's website at www.expworldholdings.com.
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Keller Williams Expands to Morocco
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Realogy Earns 'Great Place to Work' Designation for Second Consecutive Year
Certification recognizes company's commitment to providing meaningful work and environment where employees can grow and succeed MADISON, N.J., May 28, 2019 -- Realogy Holdings Corp., the largest full-service residential real estate services company in the United States, has earned certification by the independent analysts at Great Place to Work for the second straight year. Achieving Great Place to Work status is accomplished through employee feedback, providing a meaningful and valuable gauge of workplace culture, the employee experience and leadership behavior. Realogy employees completed a random and anonymous survey, and three out of four said they believe the company is a Great Place to Work. "We are thrilled to be recognized as a Great Place to Work for a second straight year," said Ryan M. Schneider, Realogy's chief executive officer and president. "This honor is a testament to our employees—how important they are to the success and well-being of our company, and how they devote themselves every day to making our agents and franchisees more successful. It is our employees' dedication, talent and passion that truly make Realogy a great place to work, and we couldn't achieve this without them." Areas where Realogy scored particularly well include employees' belief that management is honest and ethical in its business practices, diversity and inclusion, and the care and concern employees demonstrate for one another. "We congratulate Realogy on its Certification," said Sarah Lewis-Kulin, Vice President of Best Workplace List Research at Great Place to Work Institute. "Organizations that earn their employees' trust create great workplace cultures that drive business performance." About Realogy Holdings Corp. Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of residential real estate services in the U.S. 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®, Climb Real Estate®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, Sotheby's International Realty® as well as NRT, Cartus®, Title Resource Group and ZapLabs®, 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 190,800 independent sales agents in the United States and approximately 111,100 independent sales agents in 112 other countries and territories. Realogy is headquartered in Madison, New Jersey. About Great Place to Work® Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures.
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Exclusive Redfin and RE/MAX Partnership Ends
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Howard Hanna Real Estate Services Reports Year-End Results
Pittsburgh, PA (March 18, 2019) – Howard Hanna Real Estate Services released today its results for the year ended December 31, 2018. The nation's third largest real estate company closed a record 112,448 sales transactions in 2018, an increase of more than 15 percent over the year before, with closed sales volume of $23.6 billion, a 28 percent increase of more than $5.2 billion over the year prior. Howard Hanna ancillary businesses results: Howard Hanna Mortgage Services ended 2018 with 11,134 closed transactions and closed volume of $1.9 billion, an increase of 6.3 percent in units and 13.2 percent in volume. Barristers Title and Escrow recorded 15,344 closed transactions in 2018 with closed volume of $3.1 billion, an increase of 63.6 percent in units and 84 percent in volume. Howard Hanna Insurance Services closed 24,157 policies in 2018 with a value of more than $4 billion, up 82 percent over the prior year. "Our sixty-first year in business was remarkable thanks to the hard work and dedication of our agents and employees, and the market strength of our brand – the choice of home buyers and sellers across the states of Pennsylvania, Ohio, New York, Michigan, West Virginia, Maryland, Virginia and North Carolina," said Howard W. "Hoby" Hanna, IV, President of Real Estate Brokerage. "We continued our path of expansion and growth in 2018 and as a result, our business expanded to new heights. The partnership with the Allen Tate Company added more than 40 offices across North and South Carolina to our footprint. As the real estate business continues to be increasingly competitive, we are committed to our real estate and financial services professionals more than ever. We continue to be a market differentiator with programs such as our exclusive 100 percent Money Back Guarantee* designed to give sellers and buyers confidence in the market knowing that Howard Hanna stands behind the value of the homes we sell." Howard Hanna's digital presence continued to grow and advance in 2018. The company's website, HowardHanna.com, saw a 63.5 percent increase in visits from 12.7M in 2017 to 20M visits in 2018. HowardHanna.com also brought in a record number of new visitors to the website resulting in an increase of 42 percent to almost nine million new visitors last year. "2018 has been a breakout year for Howard Hanna," said Jennifer Reider, Howard Hanna Director of Digital Marketing. "We have implemented new digital solutions and new ways of reaching customers across all our markets. By implementing technological differentiators like Engage CRM, Open2Close, RealScout, and corporate-wide digital advertising campaigns, we've been able to gain market specific insights that allow us to pinpoint and target key audiences and find opportunities to communicate with our customers in the manner that meets their individual needs. We value the opportunity to be a part in our customer's realization of the American dream of home ownership and look forward to supporting their journey for years to come." 2018 mergers and acquisitions: Welles Bowen Realtors, Toledo and Northwest Ohio, 10 offices Atlantic Coast Real Estate, Virginia Beach, VA Century 21 Krall Real Estate, Lebanon, PA Coldwell Banker Bainbridge Kaufman, Northwest Pennsylvania, 7 offices Ferrara Jerum International, commercial broker, Rochester, NY CMK & Associates, NY Capital Region, 6 offices *Certain restrictions apply. About Howard Hanna Howard Hanna Real Estate Services is the 3rd largest real estate company in the United States, the #1 privately owned broker in the nation, and the largest home seller in Pennsylvania, Ohio, and New York. The family-owned and operated real estate company specializes in residential and commercial brokerage service, mortgages, closing and title insurance, land development, appraisal services, property and casualty, corporate relocation, and property management. With 312 offices across PA, OH, NY, VA, MI, WV, MD, and the Carolinas, more than 11,000 sales associates and staff are guided by a spirit of integrity in all aspects of the real estate process. For more information, visit www.howardhanna.com.
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Keller Williams Named Among Fast Company's Most Innovative Companies
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REAL Trends Launches 2019 Game Changers List of Influential Industry People
Castle Rock, Colorado, January 24, 2019—REAL Trends. Inc., the Trusted Source in residential brokerage, released today its first annual REAL Trend Game Changers list of industry professionals who have the potential to change the game of real estate in the coming year. Are there newsmakers? Yes. Are there powerful people? Of course. What makes this list different is that REAL Trends, through its brokerage consulting work, has the inside track on both big industry players and under-the-radar professionals who are running great companies. Our years of collecting data through the agent, team, brokerage and website rankings, CEO groups, and consulting work position us like no other to know the inner workings of real estate brokerages and affiliated companies. That’s why you’ll see everyone from network leaders and marketing gurus to community experts and tech wizards. We even threw in a few private-equity authorities as well. We use this knowledge to develop a list of professionals who are potentially changing the game of real estate in the coming year. After vetting and profiling more than 125 industry professionals, the REAL Trends team culled a short list of fewer than 50 industry professionals who we think are thought leaders. These stand outs are on the cusp of technological breakthroughs, innovative in their growth strategies, or launching new, promising products or services in 2019. "When we look at what’s happening in our industry, it occurred to our team that there are a fairly small group of people who, because of their position, products or services, are currently playing a hot hand or have the real ability to change the game,” says Steve Murray, president of REAL Trends. “This impactful group changes and shifts all the time. None of us know how much they will change the business, but our bet is these few will have outside impact." The REAL Trends Game Changers list is a subjective annual list chosen by REAL Trends leadership team. It is not comprehensive. At publication, the list was accurate. However, the real estate industry moves quickly, and some people and positions may change after publication. The list is an annual list and will not be updated through the year. A new list will be published in 2020. ABOUT REAL Trends REAL Trends is a privately-held, Colorado-based 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 and national real estate organizations. REAL Trends’ areas of expertise include operational analysis, valuations, merger and acquisition advisory services, technology and digital marketing consulting, consumer and business research and strategic planning. Visit REAL Trends at www.realtrends.com. www.realtrends.com
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eXp Realty Exceeds 16,000 Real Estate Agents Across North America
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Coldwell Banker Paradise Joins Schmidt Family of Companies to Create One of Nation's Largest Firms
VERO BEACH, Fla., Jan. 9, 2019 -- Coldwell Banker Paradise announced it has merged with the Schmidt Family of Companies to create one of the world's largest independently-owned Coldwell Banker franchises and one of the nation's largest real estate firms with 80 offices and approximately 1,700 agents in Florida, Michigan, Ohio and the U.S. Virgin Islands. The Schmidt Family of Companies, led by Ken and Mike Schmidt, is a full-service brokerage that was founded in 1927. The company already has a Florida presence centered in Punta Gorda. The firm had a combined 18,259 transactions and $3.3 billion in sales volume in 2018. Coldwell Banker Paradise will retain its name and continue to be led locally by Linda Schlitt Gonzalez and Steven Schlitt, who have been with the company since 1972 and 1998, respectively. The firm was founded by their parents Ed and Marguerite Schlitt in 1953 and now has 11 offices and 280 agents serving 135 miles of eastern Florida coastline including Port St. Lucie, Vero Beach, Jupiter Island and Melbourne. "We were one of Coldwell Banker's earliest franchisees in 1983 and that helped fuel our growth," Steven Schlitt said. "Joining the Schmidt Family of Companies is another exciting moment that maintains our family leadership and exposes our agents, clients and the Treasure and Space Coasts to greater resources and audiences." Schlitt expects area homes in the $200,000-$400,000 range will see a 2019 price increase of 2-3% with job-centric Brevard County growing at a 6-8% pace. "Our luxury market has exploded and we are seeing that 45% of those buying these homes are moving here to forego the hustle of South Florida. The Schmidt Family of Companies has a dominance in waterfront, resort and luxury markets." "We are very excited about this new phase in our company's development," Ken Schmidt said. "We are clearly in a growth mode. Today's announcement is another positive sign and shows how bullish we are on the region's future." "I have worked with Ken and Mike for many years and have always been impressed," said Charlie Young, president and CEO of Coldwell Banker Real Estate LLC. "The Schmidt Family of Companies now has the most U.S. offices in the Coldwell Banker network with the merger of Coldwell Banker Paradise." ABOUT COLDWELL BANKER PARADISE Coldwell Banker Paradise was founded in 1953 and has 11 offices and approximately 280 agents serving Florida's Stuart, Port St. Lucie, Fort Pierce, South Hutchinson Island, North Hutchinson Island, Vero Beach, Sebastian and Melbourne. ABOUT THE SCHMIDT FAMILY OF COMPANIES The Schmidt Family of Companies has over 80 Coldwell Banker offices and 1,700 agents and brokers across Florida, Michigan, Ohio and the U.S. Virgin Islands along with Century 21 Schmidt Real Estate in Venice, Florida. The company had a combined 18,259 transactions and $3.3 billion in sales volume in 2018.
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Corcoran Real Estate Files Franchise Documents as Leading Brokerage Expands Business across the U.S.
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eXp World Holdings Announces Sustainable Equity Plan and Equity Offset Repurchase Program
BELLINGHAM, WASH. — Dec. 27, 2018 — eXp World Holdings, Inc., the holding company for eXp Realty and eXp World Technologies, LLC, today introduced its Sustainable Equity Plan for real estate agents and brokers at eXp Realty. In addition, the company announced that its Board of Directors authorized a stock repurchase program to offset equity issuances for up to $25 million of its common stock. Sustainable Equity Plan In 2013, eXp Realty became a public company for the primary purpose of sharing equity with its agents. Shortly thereafter, the company introduced the industry's first Agent Equity Award program for those who reached certain milestones. At the time, eXp Realty had approximately 400 agents and the plan defined equity incentives up to 16,000 agents. Today, eXp Realty has grown to more than 15,000 agents and is ready to introduce the future of this plan. "Today, I'm pleased to announce that the company will continue a sustainable version of the Agent Equity Award plan indefinitely," stated Glenn Sanford, Founder of eXp Realty and CEO and Chairman of eXp World Holdings. "With eXp Realty quickly approaching 16,000 agents, the new Sustainable Equity Plan provides a similar dollar value in equity today as the former plan. The major change is that the new program will pay agents a dollar value of shares rather than a stair-stepped number of shares for achieving certain goals. We believe agents and shareholders alike will benefit from the greater predictability." The Sustainable Equity Plan is as follows:* First completed transaction with eXp Realty: $200 worth of eXp World Holdings common stock. When agent caps: $400 worth of eXp World Holdings common stock. For directly attracting another agent to the company and upon the closing of that agent's first transaction with eXp Realty: $400 worth of eXp World Holdings common stock. When named an ICON agent:** Up to $16,000 worth of of eXp World Holdings common stock, eligible on a yearly basis. $12,000 is awarded and vests after three years, and an additional $2,000 will be issued after each company event (The eXp Shareholder Summit and EXPCON) with no vesting period, for a possible total of $4,000. All stock grants will be priced based on the closing market price of EXPI's common stock on the last trading day of the qualification month. All equity will have an award date, which is the month an agent qualifies for an award. Agent must remain with the company in good standing for a period of three years from the award date. For attraction awards, sponsoring agent and the agent who joins and closed their first transaction must both remain in good standing with the company for a period of three years from the award date. Equity Offset Repurchase Program The repurchase program will help offset equity issuances that eXp Realty awards to its agents for meeting certain milestones in the Sustainable Equity Plan. "eXp World Holdings continues, on a consolidated basis, to generate solid cash flow and maintain a debt-free balance sheet with more than $22 million in cash and cash equivalents as of the end of the third quarter of 2018. The company has grown its available cash by more than $17 million since the beginning of the year and we fully expect the company will continue to grow its cash balance through 2019 and beyond," commented Jeff Whiteside, Chief Financial Officer of eXp World Holdings. "We also believe that this plan matches up well with the company's commitment to its core value of sustainability. As the company continues to grow we want to make sure that we are offsetting a portion of the equity issuances that we provide our agents at eXp Realty. Consistent with eXp Realty's business model, it is important to us that we continue to reward our agents with equity. We have confidence in our company's future and believe that this is a prudent use of our cash." Purchases under the repurchase program may be made in the open market or through a 10b5-1 plan and are expected to comply with Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The timing and amount of shares repurchased will depend upon market conditions. The repurchase program does not require the company to acquire a specific number of shares and it may be modified or terminated by the Board of Directors at its discretion within allowable time periods. The cost of the shares that are repurchased will be funded from available working capital. Any shares repurchased under the program will be returned to the status of authorized but unissued shares of common stock. * Effective date based on when eXp Realty's net agent count surpasses 16,000 agents. The company continues to reserve the right to modify or make updates to this program. ** For more information about the ICON Agent Award, visit https://join.exprealty.com/icon-agent-award/ About eXp World Holdings eXp World Holdings, Inc. (NASDAQ: EXPI) houses eXp Realty and eXp World Technologies, LLC, which operates the VirBELA platform. eXp Realty is the largest residential real estate brokerage by geography in North America and the first and only real estate brokerage to operate as one company-owned brokerage in all 50 U.S. states. It is one of the fastest growing real estate brokerage firms in North America with more than 15,000 agents across 50 U.S. states, the District of Columbia and three Canadian provinces. As a publicly traded company, eXp World Holdings uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth. VirBELA offers a modern, cloud-based environment focused on education and team development with clients in various industries from government to retail. VirBELA developed eXp Realty's current cloud campus, which provides 24/7 access to collaborative tools, training and socialization for the company's agents and staff. For more information, please visit the company's website at www.eXpWorldHoldings.com.
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eXp World Holdings Completes Asset Acquisition of VirBELA
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eXp Realty Exceeds 15,000 Agents
BELLINGHAM, WASH. — Nov. 16, 2018 — eXp Realty, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings, today announced it has exceeded more than 15,000 agents across the continent. Since the beginning of the year, eXp Realty's agent base has grown by more than 130 percent and last month opened in West Virginia, making eXp Realty the first real estate brokerage to operate as one company-owned brokerage in all 50 U.S. states. "We strive everyday to give our agents the tools and services they need to build their business, and we are excited that more and more agents are recognizing the incredible value of eXp Realty, including our recently expanded professional development and mentor programs," said eXp Realty Chief Operating Officer Mary Frances Coleman. About eXp Realty eXp Realty, LLC, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI),is changing the way that agents, brokers and consumers work together in an adaptive, sustainable environment. As the leading, national, 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 15,000 agents in 50 U.S. states, the District of Columbia and three Canadian provinces. 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.eXpWorldHoldings.com.
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Move, Inc. Wins a Crucial Patent Victory for the Real Estate Industry
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eMerge Acquired by Elm Street Technology
Elm Street Technology announces the acquisition of eMerge & announces the launch of 3sixtyfive, a full-service creative & digital marketing agency.Strategic Acquisition Will Provide Major Feature Enhancements to the Elevate Technology Platform and Provide Creative and Design Services to its Customers. October 17, 2018 - Greensboro, NC and New Orleans, LA -- Today, Elm Street Technology (EST) announced the acquisition of eMerge, a marketing automation and marketing services provider to the real estate industry. This transaction is the 5th strategic acquisition over the past 24-months in an effort to consolidate proven and successful vendors in the real estate industry. "The marketing automation platform that eMerge has developed is effectively enabling brokers, teams and agents to stay in close contact with their past, present and future clients. We're looking forward to leveraging their team, intellectual property and knowledge base to offer these same opportunities to our customers," said Prem Luthra, President and CEO of EST. "We're equally excited to be launching 3sixtyfive with Bondilyn Jolly, Founder and CEO of eMerge at the helm. We believe this full-service agency will become a leading marketing services provider to the real estate community." Today's announcement is the latest in a series of strategic moves EST has made 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 two years, the company has acquired Listingbook, a leading MLS data powered CRM platform, RLS2000, a premier provider of IDX websites and social media marketing services, Consolidated Knowledge, a leading broker platform and Agentjet, a best in class provider of lead generation products and services. "The entire eMerge team is looking forward to joining the EST family and expanding our service set across their entire suite of products," stated Bondilyn Jolly, Founder and CEO of eMerge. "The real estate industry is inundated with bolt-on products and services that ultimately are ineffective for an intelligent, streamlined user experience. Today's real estate professionals need an "easy button" when it comes to technology, and by aligning with EST, we are one step closer to building a comprehensive experience for both the real estate community and the clients they serve. By layering the creative services of 3sixtyfive on top of this technology, we'll be able to offer an unparalleled experience." "eMerge has been providing its customers with world-class software and service and we’re excited about introducing their services to our customers," said Randall Kaplan, Chairman of EST. "By combining their software and team with our sales and marketing capabilities, we're planning to rapidly expand the solutions we offer to the real estate community." About Elm Street Technology Elm Street Technology offers a portfolio of real estate technology and marketing services companies that provides one vendor, one point of contact, one solution fully fused into one platform to deliver a single source for new leads, client relationship management, and client retention tools for agents, teams and brokerages. Elevate from Elm Street Technology is the single solution that real estate professionals need to handle the marketing while brokers and agents handle the business, including high end IDX websites, lead generation tools, powerful CRM and incubation tools, mobile app, social media management and blogging, and client retention tools. For more information, call 1-866-353-3456. About eMerge The leading email marketing platform in the real estate space, eMerge services thousands of real estate agents, brokers and companies around the globe. Subscribers can use the platform’s do-it-yourself tools to create, schedule and analyze email and text campaigns and workflows, or gain a helping hand with one of the proven real estate campaigns designed to help busy real estate pros stay on task and engaged with their online audience. Try eMerge free for 30-days at easyeMerge.com. About 3sixtyfive Launching in late October 2018, 3sixtyfive will provide high-level marketing consulting, campaign development, execution and analysis for the real estate industry.
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OJO Labs Combines with Real Estate Data Giant WolfNet Technologies
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Redfin Hires Daryl Fairweather, Ph.D., as Chief Economist
Former Amazon Economist to Lead Housing Market Research Team SEATTLE, Oct. 9, 2018 — Today Redfin, the next-generation real estate brokerage, announced Daryl Fairweather, Ph.D., has joined its ranks as chief economist. Fairweather comes to Redfin from Amazon, where she served as a senior behavioral economist, leading a team of analysts and economists focused on improving employee performance and engagement. Her experience and research interests lie at the intersection of data analysis and individual decision-making, understanding how people's choices shape the economy. Fairweather's expertise in behavioral economics pairs perfectly with Redfin's efforts to help consumers make better home buying and selling decisions. "Redfin isn't just focused on purely academic questions about real estate, but the practical decisions people make about buying this or that house, now or later, for less than the asking price or more," said Redfin CEO Glenn Kelman. "With a doctoral degree in behavioral economics, Daryl is the perfect chief economist to understand the animal spirits that send the market shooting up or down, and the instinct for truth-telling to guide people on what to do no matter what happens. Just as important, her work at the Federal Reserve interviewing people who lost their homes to foreclosure in the financial crisis has given her a human connection to the broad range of issues tied to the housing market: where Americans are choosing to live, when we start families and why, if we feel rich or poor, and whether our neighborhoods restrict or expand our opportunities." In her new role at Redfin, Fairweather will contribute to the national conversation about the housing market and lead a team of Redfin economists and data scientists responsible for providing compelling reports on real estate market, homeownership, and the economic factors shaping where and why people are buying and selling homes. She'll work closely with Redfin business leaders and agents across the country to understand the behavior and mindset of homebuyers and sellers. "The housing market is a perfect example of how psychology affects the economy," said Fairweather. "For most of us, buying a home is the biggest financial decision we'll make in our lifetime, and yet traditionally, homebuyers have little experience and limited education on the process or the market. Emotions play a large role in real estate. I'm excited to use Redfin's unique data to understand these dynamics, and ultimately, educate consumers so they can feel confident and informed in their decisions." As a real estate brokerage and technology company, Redfin is able to pull and analyze the latest data from the multiple listing service (MLS), its home-buying and selling customers, and its agents in real time. Redfin closely tracks not only market-wide indicators like home prices and sales, but also trends in migration and the rate at which people are touring, offering on and listing homes. Fairweather and her team also have access to Redfin's proprietary algorithms and the data that powers Redfin consumer features, including Redfin Hot Homes, Walk Score, Compete Score and Redfin Estimate, Redfin's highly-accurate automated home value estimate. Before joining Amazon, Fairweather served in economist and analyst roles at Intensity Corporation, Morgan Stanley and the Federal Reserve Bank of Boston. She recently wrote about the research she did at the Boston Fed on the housing foreclosure crisis and how that informed her interest in the real estate market. Fairweather holds a Ph.D. in economics from the University of Chicago, where she was mentored by acclaimed economists Richard Thaler, a 2017 Nobel Prize winner, and Steven Levitt. Fairweather received her bachelor's degree from MIT. You can read Fairweather's personal essay about why she came to Redfin and find her research at www.redfin.com/blog. 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 $60 billion in home sales.
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Home Partners of America and Realogy Holdings Corp. to Launch the cataLIST Program
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Pacific Union to Join Compass
Compass Becomes the Largest Independent Brokerage Committed to Serving Real Estate Professionals in California SAN FRANCISCO and LOS ANGELES, Aug. 29, 2018 — Compass, the real estate technology company, announced today that Pacific Union International, a leading luxury real estate brokerage in California, will be joining Compass. Pacific Union is currently ranked the #5 largest brokerage in the country by Real Trends and the #1 independent brokerage in California. With the addition of Pacific Union, Compass' national team will grow to over 6,400 real estate professionals representing $28 billion in sales volume in 2017. Pacific Union, founded in 1975, was acquired by CEO Mark A. McLaughlin in 2009. Since then, McLaughlin has grown the company from $2.1 billion in sales volume to $14.1 billion in 2017. Pacific Union has over 50 offices and nearly 1,700 real estate professionals throughout California. Their deep commitment to professionalism and client service make them an ideal strategic and cultural fit for Compass. "In recent years, real estate professionals and brokerage firms have been reacting to the world others are attempting to create. I believe the combination of Compass and Pacific Union will be a definitive step in building a company that can ensure the future of real estate is driven by the vision and aspirations of real estate professionals," said Robert Reffkin, Founder & CEO of Compass. "We have worked alongside our real estate professionals to create powerful technology that helps them grow their business and are excited to scale that to new real estate professionals everywhere," said Ori Allon, Founder & Executive Chairman of Compass. "This is an exciting time as we embark on this partnership with Compass," said McLaughlin. "I look forward to working alongside the Compass team to continue to improve the lives and businesses of our real estate professionals." Compass committed to opening in the top 20 cities in the United States and expanding to over 65 new offices this year. In addition to San Francisco and Los Angeles, Compass currently has a presence in New York City, Orange County, San Diego, Chicago, Boston, Atlanta, Seattle, Washington, D.C., Dallas, Philadelphia, Aspen, The Hamptons, Miami, Philadelphia, Westchester, Greenwich, Naples, Santa Barbara and Marin. About Compass Compass is a real estate technology company with a powerful end-to-end platform that supports the entire buying and selling workflow. We deliver an incomparable experience to both real estate professionals and their clients all in service of the Compass mission: to help everyone find their place in the world. Founded in 2012 by Ori Allon and Robert Reffkin, Compass operates in 30 regions with over 90 offices across the United States including: Atlanta, New York City, San Francisco, Los Angeles, Orange County, San Diego, Chicago, Boston, Seattle, Washington, D.C., Dallas, Philadelphia, Aspen, The Hamptons, Miami, Philadelphia, Westchester, Greenwich, Naples, Santa Barbara and Marin. Learn more and find your place at www.compass.com.
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Leading Real Estate Companies of the World Announces 24 New Members in First Half of 2018
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Redfin Commits to Long-Term Expansion of Redfin Now, Buying Homes Directly from Owners
Redfin Now Launches Third Market, Orange County, California, Allowing Sellers to Get an Offer for Their Home in 48 Hours and Cash in as Soon as Seven Days SEATTLE, Aug. 9, 2018 -- Redfin, the next-generation, technology-powered real estate brokerage, is deepening its investment in Redfin Now, the service whereby Redfin buys homes directly, letting sellers move on with cash in-pocket. Redfin structured Redfin Now as an experiment, beginning in the Inland Empire region of Southern California in January 2017, and then expanding to San Diego in June 2017. With the expansion to Orange County, Redfin is committing to the Redfin Now service and expects to offer it to consumers on an ongoing basis. Redfin Now adds a home-selling choice to the company's established brokerage service, which charges most customers a 1% listing fee for a full-service listing product. With Redfin Now, homeowners can get an offer within 48 hours of a Redfin Now buyer visiting the home, and receive their cash in as few as seven days of accepting the offer. Redfin Now then prepares the home for market and Redfin lists it online, with the goal of selling it at a profit. "After more than a decade of selling homes through a combination of local service and technology, Redfin has become one of the best in the business at getting a high home price for a low fee," said Redfin CEO Glenn Kelman. "Most institutional buyers don't have the online audience we do, and pure websites don't have as much operational expertise. All of this should let us give homeowners more money, and buy and sell more homes. As more and more homeowners look to choose between an immediate sale and a brokered sale, offering both choices ourselves is how we can be the first company homeowners call when considering a move." Redfin Now had outstanding growth in the second quarter of 2018, with purchases increasing from $6 million in the first quarter to $17 million in the second quarter, and sales increasing from $3 million to $9 million. All 17 of the Redfin Now purchases in the first quarter are now sold, and every Redfin Now home has sold for a higher price than the company paid for it. Quinn Hawkins, who led the Redfin Now experiment from day one, is continuing as the head of Redfin Now. Jason Aleem will run real estate operations for Redfin Now and report to Hawkins. Aleem is an eight-year veteran of Redfin, initially running Redfin in Dallas and eventually across all of Texas, Colorado and New Mexico. "Redfin Now is ready for action as a long-term business, having one of Redfin's most successful field leaders, Jason Aleem, overseeing real estate operations," said Quinn Hawkins, head of Redfin Now. "We are eager to build on our strong second-quarter growth and introduce the service to even more home sellers in the months to come." Redfin aims to offer the best value to sellers for both Redfin Now and Redfin brokerage sales, and is well positioned to buy and sell homes more efficiently than other companies offering similar services. Software engineers will build technology to support the renovation, promotion and sale of Redfin Now homes. Redfin Now is slated to launch in two additional markets by the end of the year, and a few more in 2019. 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 $60 billion in home sales.
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Cushman & Wakefield Announces Closing of Its Initial Public Offering of Ordinary Shares
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eXp World Holdings Names Jason Gesing as Executive Vice President, Business Development
BELLINGHAM, WASH. — Aug. 3, 2018 — eXp World Holdings, Inc., the holding company for eXp Realty, the largest residential real estate brokerage by geography in North America, today announced Jason Gesing has been named Executive Vice President, Business Development. Jason has been eXp Realty's Chief Executive Officer since May 2016 and will remain a member of the eXp World Holdings Board of Directors. He has been a critical part of eXp Realty since joining the company in March 2010 and has served in a number of capacities, including managing broker of multiple states, General Counsel and President. In his new role, Jason will support the company's larger enterprise by evaluating and developing complementary ventures outside of the more traditional residential real estate vertical. "During our more than eight years working together, Jason has demonstrated a unique ability to articulate the eXp Realty value proposition that will be invaluable as we look to leverage into other businesses which we believe will benefit all our stakeholders, whether as an agent, broker or shareholder," said eXp World Holdings CEO, Chairman and Founder Glenn Sanford. "We wouldn't be able to make this shift if it wasn't for the great team we have developed to run eXp Realty. They have enabled the company to grow by more than 200 percent in the last 12 months, which is faster than any time in the company's history both in agent count as well as percentage year-over-year growth. I will look to this strong team to help as Jason transitions to this important new role." About eXp World Holdings eXp World Holdings, Inc. (NASDAQ: EXPI) is the holding company for eXp Realty, LLC, the largest residential real estate brokerage by geography in North America. eXp Realty (exprealty.com) is changing the way that agents, brokers and consumers work together in an adaptive, sustainable environment. As the leading, national, 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 13,000 agents in 49 U.S. states, the District of Columbia, and three Canadian provinces. 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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CMK & Associates Joins Forces with Howard Hanna Real Estate Services
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Century 21 Real Estate Wins Prestigious Inman Innovation Award in Marketing for New Brand Identity
The CENTURY 21® brand wins award for most innovative company in the marketing category MADISON, N.J., July 20, 2018 -- Century 21 Real Estate LLC, franchisor of the iconic CENTURY 21 brand, today announced it has received global recognition for its recent brand reinvention. The launch of its new identity was named most innovative marketing campaign at the 2018 Inman Innovator Awards, which recognizes the visionaries and forward-thinking individuals and companies in the real estate industry. An annual competition, the Inman Innovator Awards highlight the real estate industry's most forward-thinking and unencumbered members across seven categories, including most innovative: real estate technology, real estate company, broker-owner, agent, MLS association or industry organization, team and marketing program."As the real estate industry continues to dynamically change and evolve, we're constantly challenged to progress and push the industry forward, which was a huge motivating factor behind this year's rebranding campaign," said Cara Whitley, chief marketing officer, Century 21 Real Estate. "To be recognized by industry leaders with this prestigious award acknowledges our hard work to defy mediocrity and deliver extraordinary experiences to both our brokers and agents and their customers." This year's 2018 Inman Innovator Award winners were announced at Inman Connect in San Francisco July 17-20, 2018, which brings together 4,000 top-producing agents and brokers, CEOs of leading real estate franchises, MLS and association leaders, tech entrepreneurs and marketing executives to explore the changing industry. To check out the full list of finalists and winners, visit: www.inman.com/2018inmaninnovatorawards About Century 21 Real Estate LLC The approximately 119,000 independent sales professionals in approximately 8,300 offices spanning 81 countries and territories in the CENTURY 21 System live their mission everyday: to defy mediocrity and deliver extraordinary experiences. By consistently chasing excellence, giving 121% and always elevating, the CENTURY 21 brand is helping its affiliated brokers/agents to be the first choice for real estate consumers and industry professionals worldwide.
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eXp Realty Founder Glenn Sanford Named Most Innovative Broker Owner in 2018 Inman Innovator Awards
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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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eXp Realty Exceeds 12,000 Real Estate Agents Across North America
Nearly Doubles Agent Count Since Beginning of Year BELLINGHAM, WASH. — June 19, 2018 — eXp Realty, the largest residential real estate brokerage by geography in North America and a subsidiary of eXp World Holdings, Inc., today announced that on June 12, the company surpassed 12,000 real estate agents across North America. Since the beginning of the year, eXp Realty's agent base has grown by more than 85 percent, nearly doubling agent count. In addition to tremendous growth this year, the company commenced trading on the Nasdaq Global Market exchange under the ticker symbol "EXPI" and expanded into British Columbia, Nebraska, South Dakota and Vermont. "Our momentum at eXp Realty has continued through the first half of the year, as evidenced by the addition of nearly 6,000 agents, while adding three U.S. states and one Canadian province as we expand geographically. To gracefully manage our growing family, we have increased the number and capabilities of our agent support team and continue to develop our underlying technology framework," said eXp World Holdings CEO, Chairman and Founder Glenn Sanford. "Every day, I am proud to collaborate alongside this all-star team of agents, brokers and staff, who are truly agile at scale as we work to build a much larger, more mature company." About eXp Realty eXp Realty, LLC, the largest residential real estate brokerage by geography in North America, is a subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI). eXp Realty (exprealty.com) is changing the way that agents, brokers and consumers work together in an adaptive, sustainable environment. As the leading, national, 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 12,000 agents in 49 U.S. states, the District of Columbia and three Canadian provinces. 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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Inside Real Estate Soars 149 Percent Over Previous Year
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Ebby Halliday Companies to Join HomeServices of America, Inc.
DALLAS, TEXAS (May 21, 2018) – Ebby Halliday Real Estate Inc. announced today at a companywide meeting that it intends to be acquired by HomeServices of America, Inc., a Berkshire Hathaway affiliate. The acquisition will include Ebby's three real estate brands: Dallas-based Ebby Halliday, REALTORS® and Dave Perry-Miller Real Estate and Fort Worth-based Williams Trew Real Estate, as well as the firm's affiliated mortgage and title companies. The Ebby Halliday portfolio of companies brands will continue to operate under their current brand names. Financial terms of the transaction were not disclosed.
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eXp World Holdings Is Trading on Nasdaq
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Realty Executives International Acquires Largest Area Developer Region Covering Five States
Southern Region acquisition continues franchisor's aggressive growth strategy SCOTTSDALE, AZ, May 7, 2018 -- Realty Executives International has acquired the Realty Executives Southern Region, its largest territory covering the five-state region including Florida, Georgia, Tennessee, North Carolina and South Carolina. This acquisition marks a year since the company purchased remaining shares of the company from former owner Rich Rector, setting the course for an aggressive company growth strategy focused on acquisition of competitive brands, independent brokerages and Realty Executives Brokers who are looking to retire. Realty Executives International purchased the Southern Region from their longtime Regional Developers Ken Durkee and Zig Ziegelman, both of whom are military veterans and have been with Realty Executives for 20 years and 30 years respectively. While Durkee plans to retire from the real estate industry to focus on his charitable outreach work, Ziegelman will remain as a broker with the company and continue to run his Realty Executives brokerage in Lady Lake, Florida. "We congratulate Ken and Zig for their years of service in both the military and as part of the Realty Executives family. We are excited about how the timing of the the Southern Region acquisition works perfectly with our growth strategy, coinciding with the rollout of our exclusive recruiting campaign which we will be launching throughout the region," said Patrick van den Bossche, President of Realty Executives International. The buy-back of the Southern Region puts the growth of this significant territory, representing 16% of the US population, directly in the hands of the International team. This, coupled with the recent acquisition of Realty Executives Northern Arizona, are the first of many corporate acquisitions that are geared to provide large brokerages and Regional Developers a retirement plan as the company ramps up for aggressive recruiting within these areas, many of which are underdeveloped. "We had the pleasure of visiting some of the Realty Executives brokers in the Orlando area in late March as part of the transaction and are extremely pleased with the energy and successes of those branches," stated van den Bossche. "We will be working closely with this network of high performing professionals to further expand our presence in the region." Realty Executives International will be at the Florida Realtors® 2018 Convention & Trade Expo in Orlando, Florida, August 8th and 9th, in support of its broker/owners, the region, and business partners, as part of its regional growth strategy. The company is expected to grow to 20,000 agents within the next few years. About Realty Executives Intl. Svcs. LLC Established in 1965, Realty Executives International is one of the largest and most established real estate franchise systems in the world, with over 8,000 agents and 500 offices globally. The company offers disruptive pricing models particularly attractive to top performing agents. Its unrivaled mobile technology, business tools, training and concierge service are coupled with protected territories and financing for qualified franchisees. The Scottsdale-based, privately held company has been ranked as a leader in the real estate industry by publications like Entrepreneur, Success and Inc. magazines. For additional company information visit http://www.RealtyExecutives.com.
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eXp Realty Surpasses 10,000 Real Estate Agents Across North America
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Paul Boomsma Becomes LeadingRE President and CEO
LeadingRE implements succession plan that also includes Stephanie Anton's promotion to Luxury Portfolio president. CHICAGO – (April 2, 2018) – Paul Boomsma assumed the role of president and chief executive officer of Leading Real Estate Companies of the World® (LeadingRE) today. Boomsma, who has served as the company's chief operating officer and president of its Luxury Portfolio International® division, succeeds long-time CEO Pam O'Connor, who announced her retirement from LeadingRE in January. "We are very pleased to have Paul's leadership as we continue the progress achieved over the past 20-plus years," said LeadingRE Chairman of the board Joe Horning of Wisconsin's Shorewest Realtors. "I have had the pleasure of working with Paul for the past 13 years and have always been inspired by his passion, insight and dedication to the success of LeadingRE and our members around the world. His grasp of both marketing and technology are ideally-suited to this phase of our business, and his history with the organization makes this a very seamless transition." Boomsma brings more than 20 years of real estate experience to his new position. He began his career marketing luxury office towers, later heading marketing for a top Chicago residential firm before becoming national marketing director for a major franchise. Boomsma is responsible for creating Luxury Portfolio International®, the highly successful high-end marketing division of LeadingRE and subsequently was tasked with also heading operations and strategic marketing for LeadingRE as COO. He is a frequent industry speaker on topics that include consumer trends, technology innovation, global business practices and working with affluent buyers and sellers. Among his many distinctions, he was named to the 2018 Swanepoel Power 200, ranked on Inman's Most Influential and received the Unique Homes' Award for Excellence in Luxury Home Marketing. Robust Executive Team Stephanie Anton, who has served as executive vice president of Luxury Portfolio International®, was also promoted as part of the LeadingRE succession plan and is now president of Luxury Portfolio. A graduate of Boston University with a Masters in Integrated Marketing from Northwestern, she has over 15 years of experience in real estate and luxury marketing for brokerages and networks and has been instrumental in building Luxury Portfolio for the past 12 years. Other members of the company's current senior management team include long-time Chief Financial Officer Alan Cazzato; Bob Portale, chief executive officer of the company's sister relocation management company, RELO Direct®, Inc.; Executive Vice President, Member Services Elizabeth Nunan; Executive Vice President, Operations Jessica Edgerton; and Executive Vice President, Global Operations Chris Dietz.
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MoxiWorks Technology Startup Welcomes Industry Veterans
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Realtors Offer Support for Proposed Association Health Plan Rule
WASHINGTON (March 7, 2018) — A proposed rule from the U.S. Department of Labor could make it easier for small businesses and self-employed individuals to purchase health insurance through association health plans, or AHPs, according to the National Association of Realtors®. In a comment letter submitted yesterday, NAR expressed mostly strong support for the proposed regulation, which modifies and broadens the definition of "employer" to include "working owners," opens the door to potentially allowing trade associations, including NAR, to offer health insurance coverage to members through the large group insurance market. The large group insurance market typically offers greater flexibility in insurance plan design and lower policy costs through improved negotiating power. While most Americans get their health coverage through an employer, most real estate agents, and nearly nine in 10 Realtors®, are independent contractors, not employees, of their real estate brokerage. As an independent contractor, many typically don't have access to traditional employer-provided benefits, such as 401K plans and health insurance, since these types of benefits could jeopardize their independent contractor status. As a result, self-employed professionals are forced to purchase insurance in the individual insurance market, which tends to offer fewer choices at higher costs. NAR's 2017 Member Profile found that 46 percent of members paid for their health insurance out of pocket; 32 percent received it through a spouse, partner, or family member; 3 percent had employer-provided health insurance; and 20 percent didn't have any health insurance at all. "As health insurance costs continue to rise and the number of coverage options shrink, the need for affordable health care option remains a top concern for the nation's 1.3 million Realtors®," said NAR President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty. "Allowing working owners to participate in AHPs could expand access and provide more reasonably priced health insurance options for individuals and families." In the letter to regulators, NAR recommended changes to the proposed eligibility requirements to maximize participation among self-employed real estate professionals. NAR encouraged the Department of Labor to reconsider a provision preventing working owners from participating in an employer health plan if subsidized coverage is available to them through a spouse's employer; however, that may not always be the most affordable option for a family. "Eliminating this requirement will provide greater insurance choices to more real estate professionals, many of whom are struggling to find affordable insurance," said Mendenhall. "We urge the administration and the Department of Labor to move forward with our recommendations in mind, and while challenges likely remain ahead that could delay its completion, we have strong hope that a final rule will be issued sometime in the near future and real estate professionals will have improved access to affordable health insurance." As next steps, DOL will be reviewing the hundreds of comments submitted and issue a final rule reflecting that feedback, likely later this year; that rule could then be used by insurers for plan design. However, the final rule may be subject to legal challenges that could delay implementation. For more than a decade, NAR has advocated for reforms to the health insurance market to provide better coverage to real estate-related businesses and the self-employed, and NAR will continue to advocate and be closely following DOL's progress and the potential benefits for real estate professionals across the country. Additional information on NAR's health insurance advocacy efforts, please visit www.nar.realtor/health-care-reform. The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries.
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Simon Chen Appointed President and Chief Executive Officer of ERA Real Estate
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Howard Hanna Real Estate Services Announces Record-Breaking Year
Pittsburgh (PA) February 28, 2018 – Howard Hanna Real Estate Services today announced results for the year ended December 31, 2017. Companywide, the third largest real estate company in the United States closed a record 97,005 sales transactions last year; an increase of more than 1,800 closed transactions over the year before. Closed sales volume topped $18 billion for the first time in the company's 60-year history at $18,400,642,981, a 5% increase over 2016. "2017 was a strong year for Howard Hanna," said CEO Helen Hanna Casey. "We continue to steadily grow our business thanks to the tremendous efforts of so many people within the company. The demand for homeownership is robust and our agents engage and excel successfully and smartly getting the deal done for their clients in the shortest amount of time and for the best price." Howard Hanna is the largest privately held real estate company in the nation, and the #1 home seller in Pennsylvania, Ohio, and New York. Last year in Howard Hanna's ancillary businesses: Howard Hanna Mortgage Services ended 2017 with closed volume of $1.7 billion with 10,479 closed transactions. Barristers Title and Escrow closed volume was $1.7 billion with 9,378 closed transactions. Howard Hanna Insurance Services sold 13,211 policies with a volume of $2.2 billion. Continuing its growth pattern, Howard Hanna proudly welcomed seven companies to the Howard Hanna family last year: DBP Realty in Olean, NY and Penn Laurel Realty in Bradford, PA joinedHoward Hanna Holt Real Estate (Chautauqua, NY) Acquisition of two mortgage companies in New York state – 1st Priority Mortgage and Nothnagle Home Securities Cranbrook Realtors serving Oakland County in Birmingham and Franklin, MI Howard Hanna Professionals added Chosen Acres Realty in Smethport, PA Nothnagle Realtors Hometown Choice in Penn Yan and Hammondsport, NY Already in 2018, Welles Bowen, with 10 offices in Toledo and Northwest Ohio, has joined Howard Hanna and Atlantic Coast Real Estate joined Howard Hanna in Virginia Beach, VA. Hanna Holdings, Inc., the parent company of Howard Hanna Real Estate Services, announced in January it has invested in Moxi Works, a Seattle-based real estate technology company. "We've always put a heavy emphasis on technology and industry innovations. We strive to provide our agents with the tools and services that will make their businesses more successful for themselves and for their clients," said Hoby Hanna, President of Real Estate Brokerage. About Howard Hanna Howard Hanna Real Estate Services is the 3rd largest real estate company in the United States, the #1 privately owned broker in the nation, and the largest home seller in Pennsylvania, Ohio, and New York. The family-owned and operated real estate 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 262 offices across PA, OH, NY, VA, MI, WV, NC, and MD, more than 9,200 sales associates and staff are guided by a spirit of integrity in all aspects of the real estate process. For more information, visit www.howardhanna.com.
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RE/MAX Acquires Leading Technology Firm booj
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Tom Benson to lead Lone Wolf's major growth initiative in Canada and the U.S
Cambridge, ON (February 21, 2018) -- Lone Wolf Technologies Inc. ("Lone Wolf"), the North American leader in residential real estate software, has announced the appointment of Tom Benson as Chief Sales Officer (CSO). This hiring comes at a pivotal time for Lone Wolf, as the company looks to expand its presence in real estate brokerages across North America. Benson joins Lone Wolf with a wealth of sales and operational experience, coming from technology companies such as Intuit and Dell. While at Dell, Benson launched the Dell Oklahoma City campus and was part of the leadership team that supported the growth of 200 team members to 2000. He also led teams whose annual revenues ranged as high as $600 million. At Lone Wolf, Benson will spearhead a dynamic Sales division focused on expanding the company's footprint in the US market. Though 54% of the Real Trends 500 top U.S. brokerages already use Lone Wolf software, the opportunity for growth remains vast, especially among new and developing brokerages. "Tom has a sterling track record of developing talent and putting his clients first," said Patrick Arkeveld, CEO of Lone Wolf. "I'm confident that he will lead our Sales team to new heights in 2018 and beyond, and that real estate brokerages will benefit greatly from his focus on the client experience." Benson's appointment comes on the heels of Lone Wolf's Instanet Solutions acquisition, in which the company added TransactionDesk-the real estate industry's most robust transaction management solution-to its suite of software. "With such a strong Sales team and product line in place, Lone Wolf already has what it needs to achieve exceptional growth in the marketplace," said Tom Benson, CSO of Lone Wolf. "I'm thrilled to lead the way forward for our team, as we continue to deliver the best real estate technology and embark upon new and exciting Sales opportunities across the continent." About Lone Wolf Real Estate Technologies Lone Wolf Technologies is the North American leader in residential real estate software, with products in over 10,000 offices across Canada and the U.S. The company offers an ecosystem of technology products, including software for back office, transaction management, front office, and web, as well as professional services and 3rd party integrations. Each element of this ecosystem enables brokerages and agents to operate more efficiently, reduce costs, and increase opportunities for profitability. Lone Wolf's head office is located in Cambridge, ON, with additional offices in Dallas, TX, and London, ON.
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ATTOM Data Solutions Acquires Onboard Informatics, Adding Best-In-Class Nationwide Neighborhood Data
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CoreLogic Expands Access to Natural Hazard Reports in California
IRVINE, Calif., February 7, 2018—CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today announced it is adding DisclosureSave to the Clareity® SSO Dashboard to enable nearly twenty-thousand California agents simpler access to natural hazard disclosure reports required to close each transaction. Three multiple listing organizations throughout the state now display DisclosureSave as an option for their members—allowing them to conveniently select and order reports directly from the Discover Network panel within the Clareity SSO Dashboard. "We brought DisclosureSave into the CoreLogic family to offer real estate professionals in California a high quality, data-powered product and a simpler way to order," said Chris Bennett, executive leader of Real Estate Solutions for CoreLogic. "Home sellers must provide natural hazard reports in California—and we have leading edge underlying data and world-class processes to stay current. That's product quality that agents, escrow officers and home buyers can feel confident about." "We touch over 1.2 million agents, almost every day, with our combined Matrix™, Realist®, and Clareity platforms," adds Bennett. "With this volume of daily agent-touch, we're always asking ourselves how we can take more work off an agent's plate by making it as simple as possible to do a job they spend time worrying about today. And we've done that with DisclosureSave by adding it to the Clareity SSO Dashboard. We think our California members will find it easier than ever to order a report they're tasked to chase down for every closing." For more information about DisclosureSave, visit DisclosureSave.com. 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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Constellation Software Real Estate Group Acquires Real Estate Digital LLC from Xome Holdings LLC
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Welles Bowen Realtors Joins Forces with Howard Hanna Real Estate
Cleveland, Ohio (January 30, 2018) – Howard Hanna Real Estate Services, the third largest real estate company in the United States, is pleased to welcome Welles Bowen Realtors to the Hanna family of companies. For over 100 years, Welles Bowen Realtors has been serving Northwest Ohio with the latest in marketing and technology. A reputable local real estate broker, Welles Bowen Realtors will now be able to provide the over 150 professionals in their 10 offices with Howard Hanna's programs, services, and business resources. "Two years ago, we opened up our new Howard Hanna Toledo/Maumee office with a commitment to the region," said Howard W. "Hoby" Hanna, IV. "The joining of these two dynamic companies will give us the opportunity for local expansion, allowing us to better serve agents and customers in 2018 through this partnership with Welles Bowen." "The Howard Hanna values and company philosophy closely resemble ours at Welles Bowen. Our combined success through commitment to top notch service, our agents and our clients will help all of us to thrive in 2018 and beyond," said David Browning, President of Welles Bowen. "The transition to Howard Hanna will be seamless for our clients. Under the Howard Hanna umbrella, we'll be offering the same people and same services," said Kevin Smith, Vice President of Welles Bowen. "Howard Hanna's network of 259 offices will be an excellent resource for strengthening and supporting Welles Bowen." "Coming together and the great synergy of Welles Bowen Realtors with Howard Hanna will allow us continued growth throughout the markets we serve," said Kristine Burdick, President of Howard Hanna Midwest. "Our partnership together, and the professionalism and expertise of our great Northwest Ohio sales associates, will continue to be the strength that consumers will see when choosing a company for all of their real estate needs." Agents will be able to offer exclusive Howard Hanna programs, including the 100% Money Back Guarantee. Buyers will be able to purchase a new home with confidence in their homes' worth as Howard Hanna stands behind the value of the home. Sellers will be able to set their home apart from others on the market, resulting in the home selling for the highest market value. "Howard Hanna is dedicated to our strategic growth, and we aim to be the top choice in the Toledo area marketplace. The addition of the team at Welles Bowen Realtors will help us to achieve this in the coming year," added Hanna. Howard Hanna Real Estate Services is the 3rd largest real estate company in America, the #1 privately owned broker in the nation, and the largest home seller in Pennsylvania, Ohio, and New York. The family-owned and operated real estate 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 259 offices across OH, NY, PA, VA, MI, WV, NC and MD, our more than 9,000 sales associates and staff are guided by a spirit of integrity in all aspects of the real estate process. To learn more please visit www.howardhanna.com.
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Redfin Real Estate Agents Earned More than Double that of Traditional Agents in 2017
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Gary Keller Tops Rankings on the SP200
The Most Powerful People in Real Estate Lead by Keller Williams Realty, Zillow Group and Berkshire Hathaway HomeServices SAN JUAN CAPISTRANO, CALIF. (JANUARY 16, 2018) -- Gary Keller, the founder and Chairman of the Board of Keller Williams Realty International, climbed two slots to become the most powerful person in real estate for 2018, according to the Swanepoel Power 200 (SP200), released by T3 Sixty today. Keller Williams also became the largest residential real estate brand in the U.S. by sales volume as of the fourth quarter of 2017, according to T3 Sixty analysis. It was already the largest residential real estate brand in the U.S. by agent count, growing to a record-breaking 154,675 sales associates. Zillow Group's steady growth and accomplishments under CEO Spencer Rascoff kept last year's highest-ranked leader at No. 2. Company revenues were up 25 percent year-over-year to $281.8 million, and Zillow web properties remain the most trafficked real estate websites in the U.S. by a large margin. HomeServices of America, a Berkshire Hathaway company and the second largest brokerage company in residential real estate, is led by CEO Ron Peltier, the third highest-ranked executive on the SP200. The company had a strong 2017, which included the acquisition of the third largest brokerage in the U.S., Long & Foster; it was the largest acquisition in the brokerage industry for the year. With post-acquisition annualized sales of $123.6 billion, HomeServices is only the second real estate brokerage to have annual sales in excess of a hundred billion. NRT, a subsidiary of Realogy Holdings, is the current market leader with an estimated 2017 sales volume of almost $167 billion. The SP200 is the only ranking of the residential real estate industry's most powerful leaders and executives. T3 Sixty, the custodian of the annual rankings, devotes over 400 hours each year researching and analyzing the approximately 3,000 CEOs and executives who are considered. This year, the rigorous three-part methodology lists 274 leaders in eight categories: Corporate Executives, Power Brokers, Women Leaders, Technology Executives, Executives, Organized Real Estate Leaders, Emerging Leaders, Trendsetters and Social Media Influencers. Two notable changes include: Glenn Kelman, who led Redfin to a successful IPO in July, jumped 20 spots to the No. 9 position; and Compass's leaders, Robert Reffkin and Rob Lehman, who raised $550 million in 2017 on a $2.2 billion valuation, skyrocketed to No. 32. After a strong year of growth, new business model CEOs all climbed the list, including Glenn Sanford (No. 88), founder and CEO of eXp World Holdings; Dan Duffy (No. 102), CEO of United Real Estate; and James Dwiggins (No. 105), CEO of NextHome. Various top-ranking CEOs all retired during the past 12 months and dropped off the list. This included Richard Smith (2017's No. 2), Realogy Holdings chairman, president and CEO; Dale Stinton (2017's No. 6), CEO of the National Association of Realtors; Alex Perriello (2017's No. 7), CEO of Realogy Franchise Group; and Bob Moline (2017's No. 11), president of HomeServices of America. Rankings with bios and photos of all executives are listed at http://www.sp200.com. About T3 Sixty T3 Sixty is the largest management consultancy dedicated to the residential real estate brokerage industry and has served the industry since 1998. The company is also author and publisher of 36 reports and studies analyzing the industry, including the Swanepoel Trends Report, the DANGER Report and the SP200. Learn more at http://www.t360.com.
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Realogy Makes Key Organizational Changes
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RE Technology's Top 10 Articles of 2017
Over the past 10 days, we've been counting down our top 10 articles of the year. In 2017, we published over 2300 pieces of content. So which posts most resonated with real estate agents and brokers during the year? Well, our number one article features evergreen advice from top Realtor Leigh Brown on the traits of successful agents. Take a peek for tips on how to be on top the real estate game in the new year. Want to whip your work processes into shape? Check out article #2 for free transaction checklists, article #9 for advice on building a winning CMA, and #7 for over five dozen ways you can cultivate new business. What other topics piqued the interest of agents and brokers in 2017? Check out the list below to find out! 3 Habits of Highly Successful Real Estate Agents Friday Freebie: Stay Organized with Listing and Closing Checklists Hidden Features: 3 Google Maps Tricks Agents Should Know How to answer, "How's the market?" so strangers never (ever) forget you True Confessions of a FSBO 3 Places to Look for Motivated Sellers 65 Sources of Real Estate Referrals You May Have Overlooked 21 Steps to a Stellar Listing Presentation Must-Have Pages for a Winning CMA Prospecting with Public Records: 7 Campaigns to Try Today
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Lone Wolf Technologies Appoints New Chief Operating Officer
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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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Realogy Announces Leadership Succession Plan
Ryan M. Schneider Joins Realogy as President and Chief Operating Officer; Will Become CEO on December 31, 2017 MADISON, N.J., Oct. 23, 2017 -- Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, today announced a leadership succession plan: Ryan M. Schneider has been named President and Chief Operating Officer, and appointed to the Board of Directors. Mr. Schneider will begin his duties at Realogy on October 24, 2017. In addition, Mr. Schneider will become Realogy's Chief Executive Officer, effective December 31, 2017. Richard A. Smith, Realogy's Chairman and Chief Executive Officer, who worked hand-in-hand with a special committee of the Board on the search for his successor, will retire, also effective December 31, 2017, after 21 years of exceptional leadership with the Company. At the same time, Michael J. Williams, Realogy's Lead Independent Director, will succeed Mr. Smith as Chairman of the Company's Board of Directors. Mr. Schneider joins Realogy after nearly 15 years of senior leadership experience at Capital One Financial Corporation. From 2007 to 2016, he was President of Capital One's Card division, its largest business, where he oversaw all of Capital One's consumer and small business credit card lines in the United States, U.K. and Canada. He managed a staff of more than 10,000 employees and reported directly to Capital One's Chief Executive Officer. Under Mr. Schneider's leadership, the Card division's assets nearly doubled to $90 billion through organic growth and acquisitions, and net income grew to consistently be more than $2 billion a year. He also brings franchise experience from a prior role running Capital One's Auto Finance business. Earlier in his career, Mr. Schneider was a partner at McKinsey & Company, where he focused on financial services clients. Mr. Schneider said, "I am thrilled with the opportunity to join Realogy in this leadership capacity because I am convinced of the strength of its fully integrated business model, the quality of its people, the foundation for growth that it has built, the capacity it has for accelerating its growth based on new ways to use data, analytics and technology, and the unique advantages that Realogy can leverage in an industry that generated over $70 billion in commissions last year. "Realogy benefits from a portfolio of many of the industry's best-known brands, and as the leader in U.S. existing home sales, the Company's scale and resources are unmatched in the industry. Richard Smith has been instrumental in growing and leading this company and making Realogy the foremost platform for residential real estate services in the United States. I look forward to working closely with Richard, Realogy's talented management team, employees and the Board to deliver on our operational initiatives and growth strategy to help enhance value for Realogy shareholders and other stakeholders." Mr. Smith said, "As we look to the future and the Company's next phase of growth, I believe now is the right time to transition to new leadership, and Ryan Schneider is ideally suited to lead Realogy forward. I was initially prepared to stay on into 2018 to help facilitate a transition of responsibilities, but I am so confident in Ryan's proven leadership abilities and the Company's clear strategic growth plans that I believe now is the right time to accelerate my retirement to the end of this year. In the interim, I am committed to working closely with Ryan in his new role and the Board to ensure a seamless transition." Mr. Williams said, "We are pleased to have an executive of Ryan's caliber join our senior management team and lead our company into the future. Ryan is a proven leader and brings a track record of execution, revenue generation and operational excellence, having driven the strong growth and success of Capital One's Card business. Among other things, Ryan brings a wealth of experience in leveraging Big Data, rigorous analytics and new technology to drive business results. His skills and experience complement the talents and capabilities of Realogy's leadership in its four businesses. I am confident that Ryan, together with our strong and deep executive team, will provide outstanding leadership and that Realogy will continue to create long-term value for our stakeholders." Mr. Smith has led Realogy's business operations for the past 21 years, including 10 years at the helm of Cendant Corporation's Real Estate Services Division, from which Realogy was formed as a spinoff in 2006. Under Mr. Smith's leadership, Realogy and Cendant Real Estate developed the premier set of businesses in residential real estate services, including the world's largest franchisor of residential real estate brokerages and the largest owner of U.S. residential real estate brokerage offices, together with the highly synergistic businesses of Cartus®, one of the largest U.S. and leading global provider of outsourced employee relocation services, and TRG, a significant provider of title and settlement services. Following the spinoff from Cendant, Realogy entered a period of private equity ownership, during which Mr. Smith helped navigate the housing downturn and recession, and led the Company through one of the largest and most successful initial public offerings of 2012. Mr. Smith also led the acquisition of ZipRealty Inc. in 2014, which has enabled Realogy to subsequently leverage its innovative Zap® technology platform across the Company's franchise brands and company-owned brokerage operations in the United States. Since 2013, Realogy has generated significant free cash flow, allowing the Company to successfully deleverage its balance sheet and to return more than $1 billion of capital to its shareholders. Realogy has been recognized as one of the World's Most Ethical Companies by Ethisphere Institute in each of the past six years. Mr. Williams continued, "Richard has been instrumental in leading Realogy's transformation into a global leader in residential real estate franchising and brokerage, and integral to acquiring new leadership talent such as Mr. Schneider. In his 21 years leading Realogy, he has also played an instrumental role representing the real estate industry and its many constituencies. On behalf of the entire Board, I want to acknowledge and thank Richard for his years of exemplary leadership and service to Realogy. We look forward to his continued involvement with the Company and the real estate industry during this leadership transition period." About Ryan M. Schneider Mr. Schneider joined Realogy as President and Chief Operating Officer in October 2017 after nearly 15 years of senior leadership experience at Capital One Financial Corporation. He will become Realogy's Chief Executive Officer, effective December 31, 2017. From 2007 to 2016, Mr. Schneider was President of Capital One's Card division, its largest business, where he oversaw all of Capital One's consumer and small business credit card lines in the United States, U.K. and Canada. He managed a staff of more than 10,000 employees and reported directly to Capital One's Chief Executive Officer. Mr. Schneider joined Capital One in 2002 and held a variety of leadership positions within Capital One through 2007, including Executive Vice President and President, Auto Finance, which did the majority of its business with franchised auto dealers, and Executive Vice President, U.S. Card. Mr. Schneider also served as a director of Capital One Bank (USA), National Association. Mr. Schneider has substantial experience in public policy and regulatory affairs, including meeting with a sitting President of the United States and testifying in front of a Senate committee. Previously, he was a partner at McKinsey & Company, where he specialized in financial services clients with an emphasis on consumer credit and insurance. Mr. Schneider received a B.A. in Economics from Williams College and his Ph.D. in Economics from Yale University. About Michael J. Williams Mr. Williams has been a Realogy Director since November 2012, and currently serves as Lead Independent Director, Chair of the Nominating and Corporate Governance Committee, and a member of the Audit Committee and Compensation Committee. He has extensive experience in business, finance, accounting, mortgage lending, real estate and the regulation of financial institutions, which he gained during his tenure at Fannie Mae. After more than 20 years in several key executive roles at Fannie Mae, Mr. Williams served as the company's President and Chief Executive Officer from 2009 through 2012, leading the organization through a period of substantial transformation during its conservatorship under the Federal Housing Finance Agency. Most recently, Mr. Williams served as a senior advisor to Sterling Partners, a private equity firm, and as non-executive chairman of Prospect Mortgage, one of its portfolio companies, from 2012 to 2014. He acted as the Chairman and Chief Executive Officer of Prospect Mortgage, from 2014 until the sale of that company in 2017. About Realogy Holdings Corp. Realogy Holdings Corp. (NYSE: RLGY) is a technology-enabled 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 187,700 independent sales agents in the United States and approximately 90,000 independent sales agents in more than 100 other countries and territories. Realogy is headquartered in Madison, New Jersey.
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Pacific Union International Acquires Empire Realty Associates
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Coldwell Banker Howard Perry and Walston Appoints Jim Simon as Vice President of Business Development
Real estate industry veteran will focus on broadening and enhancing regional recruitment efforts RALEIGH, N.C. – Coldwell Banker Howard Perry and Walston, the leading residential real estate company in the Triangle region, proudly announced the appointment of Jim Simon as vice president of business development. In his new role, Simon will work closely with the company's 15 regional sales offices to attract and recruit experienced and top producing real estate agents. "Jim is a formidable talent in the real estate industry, and we are fortunate to have him join our Coldwell Banker Howard Perry and Walston team," said Kent Hanley, company CEO. "Throughout his numerous years with some of the nation's best-known businesses and leading real estate brands, Jim has proven his ability to take companies to the next level through successfully executed growth strategies. We're confident he will help us do the same." Working closely with Hanley and Coldwell Banker Howard Perry and Walston's leadership team, Simon will streamline current agent recruitment processes and develop program enhancements to continue the company's regional expansion. His expert guidance will serve to support sales office managers as they develop location level marketing initiatives to draw in and retain talented sales associates and teams. Simon previously served as CEO of GMAC Global Relocation Services, a division of General Motors (now Brookfield Global Relocation Services) and in senior executive positions at Cendant Mobility (now Cartus), Prudential Financial, PNC Mortgage, and William Raveis Real Estate. He was also the Managing Director of Douglas Elliman, New York's largest residential real estate brokerage. He has been a consultant to numerous major private equity firms and other major corporations. Simon holds a bachelor's degree in Journalism from the University of South Carolina in Columbia and a master's degree in Corporate & Political Communications from Fairfield University in Fairfield, Conn. He is a world traveler, food enthusiast, and an award-winning author of the best-selling thrillers Death Never Sleeps and Death Logs In. He will soon release his third installment in the Death series, Death Logs Out. His family is originally from Durham, and he and his wife, Andrea, are in the process of relocating to Cary. About Coldwell Banker Howard Perry and WalstonHoward Perry, an established builder, and Don Walston, a real estate entrepreneur, formed Coldwell Banker Howard Perry and Walston in 1973. Today, with more than 900 associates and employees and award-winning new homes, mortgage and insurance services, Coldwell Banker Howard Perry and Walston is the largest full-service residential real estate company in the Triangle, the top Coldwell Banker company in the Triangle area and has earned recognition as one of the leading realty firms in the nation. Coldwell Banker Howard Perry and Walston exceeded 8,840 real estate transactions with over $2.44 billion in sales in 2016. The Triangle Business Journal consistently ranks Coldwell Banker Howard Perry and Walston as one of the "Best Places to Work in the Triangle." For more information about Coldwell Banker Howard Perry and Walston, visit www.hpw.com.
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With National Flood Insurance Program Expiring Soon, Realtors® Sound the Alarm
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Century 21 Real Estate Names Nick Bailey as President and CEO
Former Zillow Executive to Build on Iconic Brand's Strong Foundation, Leadership Positioning in Global Markets MADISON, N.J., Aug. 16, 2017 -- In today's connected world, consumer expectations of products, services and experiences are continuing to rise, and in no industry are these ever-growing expectations more apparent than the real estate industry. As part of an ongoing effort to meet and exceed industry professionals' and consumers' ever-changing needs and expectations, Century 21 Real Estate LLC today announced that Nick Bailey, formerly of the Zillow® Group, has been appointed president and chief executive officer. The iconic brand did its part to engage home buyers and sellers and sales professionals online by ushering in the Bailey era this morning via a multi-channel release of an innovative Facebook Canvas ad that allows viewers to not only connect with the announcement but also to be a part of it. "We are excited to welcome Nick Bailey to the Realogy family," said John Peyton, president and chief executive officer of Realogy Franchise Group LLC. Realogy, a leading global provider of real estate and relocation services, is the parent company of Century 21 Real Estate LLC. "Nick brings a unique mix of leadership experience and industry insights to our company and we are eager to see him lead the CENTURY 21® brand into the future." Bailey has over 20 years of real estate industry experience as a leader in franchising, brokerage, management, and technology, and he is also a licensed broker. He is known as a revenue-generating operations leader who increases margins while mitigating the impact of economic change. "It's an honor to be taking the reins at CENTURY 21 at a time when this iconic brand is experiencing tremendous growth around the world, and the foundation for its success is in its recognition as a global leader in real estate services," said Bailey. "My challenge is to build this company to its greatest market potential by inspiring, interacting and working collaboratively with the people inside and outside this organization and translating this ongoing momentum into additional share for CENTURY 21 agents." Bailey's journey in real estate began at 17 when he purchased commercial property. From there, his fascination with real estate grew stronger, becoming licensed at 21 years old and becoming a broker shortly thereafter. He built a successful real estate career including buying three houses by the age of 23, learning at a young age "that the value of an agent is not in the data but the professional service, knowledge and negotiation skills he or she brings to the table." After 11 years at RE/MAX world headquarters, where he helped drive agent growth and retention, Bailey joined Zillow in 2012. In his most recent role as vice president, broker relations, he provided innovative online technology and marketing solutions for real estate professionals and drove the expansion of products and services through partnerships, business development and broadening of brand awareness across the industry. "Nick's appointment signals the beginning of a new era at CENTURY 21," added Peyton. "We are an agent-centric company, and with Nick's analytical understanding of the needs and wants of today's digital consumers, he will immediately begin fostering a culture of developing and retaining high-performing talent within C21® that leverages the company's branding and marketing, knowledge-base and the Realogy Franchise Group's 'Centers of Excellence' in delivering an unparalleled value proposition for personal and professional growth." About Century 21 Real Estate LLC Century 21 Real Estate LLC is comprised of approximately 7,450 independently owned and operated franchised broker offices in 79 countries and territories worldwide with more than 115,000 independent sales professionals.
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Clareity Security Solutions Now Part of CoreLogic Real Estate Solutions Suite
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eMerge welcomes new Director of Marketing, Melissa McHone
July 28, 2017 - eMerge today announced that real estate industry veteran Melissa McHone has joined the company as the new Director of Marketing. Melissa brings more than ten years of industry experience to eMerge. She most recently served as a marketing manager for DocuSign Inc., developing and managing strategies and building relationships with the industry's leading Franchises, brokerages, MLSs/Associations and the NATIONAL Association of REALTORS® trade organization. ​Melissa also serves as a mentor for the NAR Reach Program helping to support new and upcoming companies in the real estate space with strategy ideas and GTM plans. "I wanted to take my time after DocuSign to find the next big opportunity within the real estate industry and I am confident that I have found that with eMerge," stated Melissa. "Unlike other marketing platforms in the space, eMerge covers your business from end to end including top agent recruitment, retention of current agents, and the easy ability for agents and brokers to be more productive so they can sell more real estate. Bondilyn and Ethan Jolly have put together a world-class team and I am excited to join them and use both my industry experience and marketing knowledge to further greater success with the team." "Melissa brings a tremendous amount of energy and ideas to the eMerge team, and we're excited to how that will translate to our brand awareness and educational outreach," said Bondilyn Jolly, Founder & CEO. "It's so refreshing to work with someone with such an intimate knowledge of the real estate space and how a technology such as eMerge can aid agents and brokers in lead engagement, nurturing and conversion." About eMerge The leading email marketing platform in the real estate space, eMerge services thousands of real estate agents, brokers and companies around the globe. Subscribers can use the platform’s do-it-yourself tools to create, schedule and analyze email campaigns and workflows or gain a helping hand with one of the proven real estate campaigns designed to help busy real estate pros stay on task and engaged with their online audience.
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Realtor.com® Appoints Danielle Hale as Chief Economist
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Nothnagle Realtors and RealtyUSA Become Howard Hanna Real Estate Services
Rochester/Buffalo, New York (July 19, 2017) – Howard Hanna Real Estate Services is now the #1 real estate company in New York state as of July 18, creating market dominance and brand uniformity under one name. Nothnagle Realtors and RealtyUSA, who both merged with Howard Hanna in the past two years, have changed their names across the region. The strategic decision of the three family-owned and operated companies to partner together has produced a strong, viable company with more than 3,000 agents and employees in 101 offices across New York state, and a 32% market share of homes sold. Howard Hanna Real Estate Services is also the third largest real estate company in the United States with more than 9,000 agents and employees across the eight states of NY, PA, OH, VA, MI, WV, NC and MD. Last year, the company recorded 95,152 closed transactions. Beginning immediately, the Howard Hanna brand will appear on signs, advertising and marketing materials throughout the region. Visitors to the Nothnagle Realtors and RealtyUSA websites will be redirected to HowardHanna.com, where listings will instantly have a greater reach, as the Howard Hanna website had 15,895,478 visits in 2016. "We continue to grow and evolve, remaining mindful of our mission to provide unparalleled, innovative, and comprehensive real estate services to our clients," said Howard W. "Hoby" Hanna, IV, President of Real Estate Brokerage. "This is the right time to bring the three companies together and the transition of merging has been an ongoing benefit to our agents, employees and clients. Nothnagle and RealtyUSA agents have been able to expand the services they offer, as we introduced the exclusive Howard Hanna 100% Money Back Guarantee to our New York markets shortly after the mergers took place. Bringing everyone together under one name and brand will create consistency and is a win-win for the agent and client." In Pennsylvania and Ohio, Howard Hanna has a long legacy of vibrant green and gold colors, white post yard signs, and branded marketing. "We look forward to that same success in our New York markets. We are recognized as the most professional real estate brokerage in every market we serve. Adding Nothnagle and RealtyUSA only makes the Howard Hanna brand stronger," added Hanna. "Howard Hanna is the largest family-owned real estate company in America. It is only logical to leverage that broad identity across all markets, including New York, where the Hanna name will be the dominant market leader," said Merle Whitehead, former owner of RealtyUSA and now Chairman of Howard Hanna New York. "With the marketing and technology of Howard Hanna, we plan to serve the real estate needs of over 100,000 families this year." "Establishing brand consistency is about more than just putting a logo on buildings and for sale signs. It is about being compatible and credible. The attributes of Howard Hanna, RealtyUSA and Nothnagle are interlinked, and we are all working together for the best interests of our clients. There is a high level of loyalty and longevity among management, agents, employees and clients that will allow for continued growth. We are all moving forward together," said Armand D'Alfonso, former owner of Nothnagle Realtors and now President of Howard Hanna New York. Last year, Howard Hanna launched a new corporate tagline, "Home Happens Here," which communicates the company's desire to help make the dream of home ownership a reality. "With the Hanna brand name on all 101 New York offices, we want to be known for an extraordinary combination of agents, services and products, with experience to back it up," said Hanna. Howard Hanna Real Estate Services is the third largest real estate company in America, the #1 privately owned broker in the nation, and the largest home seller in New York, Pennsylvania, and Ohio. The family-owned and operated real estate 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 259 offices across NY, PA, OH, VA, MI, WV, NC and MD, our more than 9,000 sales associates and staff are guided by a spirit of integrity in all aspects of the real estate process. To learn more, please visit www.howardhanna.com or www.facebook.com/howardhanna.
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Leading Real Estate Companies of the World® Announces 26 New Members For 2017 Midyear
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Crye-Leike Expands Outside Continental United States
Memphis, Tenn. (July 7, 2017) - Crye-Leike Real Estate Services, the nation's fifth-largest independent residential real estate firm, is expanding outside of the continental United States for the first time in its 40-year history, with a new franchised office in San Juan, Puerto Rico. Santiago Coll-Camalez, a veteran independent real estate broker in San Juan, is now the owner and managing broker of the new Crye-Leike franchise in San Juan, the capital of and largest city in Puerto Rico, an island commonwealth that is a territory of the United States. About 1 million people live in the San Juan area. Coll-Camalez has been a real estate broker there since 2004, operating as an independent, said Keith Sullivan, president of Crye-Leike Franchises and chief marketing officer for Crye-Leike. Most of the major real estate brands familiar to Americans on the continental U.S. are active in Puerto Rico; however, the market also has many small independent real estate firms. Coll-Camalez's small formerly independent brokerage has three full-time and one part-time agent, with plans to grow to about 14 agents, Sullivan said. Sullivan said the company would like to have more franchised stores in Puerto Rico. "We've had some discussions with others in Puerto Rico for additional offices. Nothing has transpired yet but we'd like to expand our presence there," he said. "One of the main reasons to affiliate with Crye-Leike is to better compete in the local market, particularly incoming/outbound referral opportunities through our network of agents as well as through our international relocation network, Leading Real Estate Companies of the World," he said, explaining why becoming a Crye-Leike franchisee may be attractive to more independent brokers in Puerto Rico. "In addition, he (Coll-Camalez) now has access to more marketing/technology platforms which should help him grow his business." Sullivan says the real estate transaction in Puerto Rico is conducted in a similar fashion. Additionally, tax incentives (Act 20 and 22) were created to lure wealthy investors to the island. One difference: Spanish, not English, is the most commonly used language spoken in Puerto Rico. English is also widely spoken. Coll-Camalez' Crye-Leike franchise is "fully bilingual," Sullivan said. In 2012, Puerto Rico passed new tax laws, known as Act 20 and Act 22, that make the island territory a tax haven for U.S. citizens who become residents of Puerto Rico. The laws shield new residents residing in Puerto Rico for at least half of the year from paying most federal income taxes. An alumnus of John Carroll University, Coll-Camalez received his insurance license in 1982 and his real estate license in 2004. His real estate expertise includes helping buyers and sellers, property management, investment properties, and foreclosures for single-family homes, and excess and surplus property. He also has expertise in condominium insurance sales, commercial insurance, and personal insurance. His real estate specialties include commercial, residential, management, BPO's and inspections. "I decided to join Crye-Leike because of its performance and good will in the Mid-South," Coll-Camalez said. "With Crye-Leike, I am in a better position to serve my existing residential clientele, asset managers, and expand in commercial real estate, business brokerage and the Act 20/22 market, luxury market , as well as the referrals, due to emigration tendencies." The Crye-Leike San Juan Real Estate office is located at 268 Ponce de Leon, Suite 1014, San Juan, PR 00918. Managing Broker Santiago Coll-Camalez can be contacted at 7870772-4978 or [email protected]
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Century 21 Ranks Highest in Total Brand Awareness in Real Estate for 19th Consecutive Year
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REach® Technology Accelerator Named Among Best in Nation
WASHINGTON (July 12, 2017) - REach®, the growth technology accelerator operated by the National Association of Realtors®' strategic investment arm, Second Century Ventures, was recently named among the top 30 accelerators in the U.S. by the Seed Accelerator Rankings Project, or SARP. Now in its fifth year, SARP is compiled by researchers from the MIT Innovation Initiative Lab for Innovation Science, Rice University and the University of Richmond and aims to provide transparency around performance so that entrepreneurs can make an educated decision when choosing from the hundreds of programs that market themselves as accelerators. "NAR's REach program is the perfect example of the innovative strategies that the association has taken to enrich our Realtor® members and their business, and being named among the top accelerators in the country affirms our success," said Dale Stinton, president of SCV and NAR CEO. "Since becoming REach's managing director Mark Birschbach has really taken SCV and REach to the next level, and he 'owns' that success now and in the future." This year SARP reviewed performance metrics and solicited feedback from alumni of over 150 startup accelerators; the top 30 were ranked in five categories: platinum plus, platinum, gold, silver and bronze. This is the first time that REach, which received a silver ranking, has been included on the list. Since REach's launch in 2013, it has accepted 40 companies into its accelerator program and recently announced the nine companies participating in its 2017 class, which runs through November 2017. "The future of the real estate industry depends on forward thinking and the adoption of technology that benefits consumers and agents in the real estate transaction," said Bob Goldberg, SCV officer and NAR senior vice president of Business Development. "As incoming NAR CEO one of my top priorities for the future is to continue to successfully leverage REach and SCV's technology investments to expand the value that Realtors® bring to the real estate transaction." REach differs from other accelerators in both its vertical focus within the real estate and related industries and in the early-to-mid growth stage at which most companies enter the program. Past classes have found great success within the accelerator program and have on average doubled their customer base and collectively raised over $100 million in financing both during and after the program. "It is an honor to be recognized by SARP alongside other elite accelerators in the U.S. Our selection is an indication of the significant strategic value we provide to entrepreneurs looking to work with our members and penetrate our key markets" said Mark Birschbach, managing director of SCV and REach®. "We see tremendous opportunity for REach companies to meet a similar level of success that SCV investment companies like DocuSign, Updater and others have achieved." More information about REach can be found at http://narreach.com and on the SARP rankings and selection criteria at seedrankings.com. Second Century Ventures is an early-stage technology fund, backed by the National Association of Realtors® that leverages the association's 1.2 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. 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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America's Favorite Home Inspector Dylan Chalk Wins National Book Award
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America’s #1 Real Estate Agent Isn't from Manhattan or Beverly Hills, but Texas
Ben Caballero Invented His Own Technology to Sell Over 3,500 Homes Worth $1.44 Billion Addison, TX (June 26, 2017) – America's number one real estate agent doesn't cater to the rich and famous in Beverly Hills, or the titans of Wall Street in Manhattan. Ben Caballero is the broker-owner of HomesUSA.com®, based in Addison, Texas, and sells new homes to Texans for more than 60 top builders in Dallas-Ft. Worth, Houston, Austin and San Antonio. Caballero was named America's top individual real estate agent for the sixth straight year, landing atop the coveted REAL Trends "The Thousand" list for selling 3,556 homes last year: he sold seven times more homes than his closest competitor, who sold 467 homes. His home sales last year totaled a new individual real estate agent sales record of $1.444 billion, breaking his own previous record of $1.022 billion, set last year when he became the world's first "Billion Dollar Real Estate Agent." REAL Trends ranks the top sales professionals in the United States by transaction sides and sales volume, and Caballero led the REAL Trends "The Thousand" in both the 2017 Individuals by Transaction Sides and 2017 Individuals by Sales Volume. This ranking is done in partnership with The Wall Street Journal and requires independent third-party verification. The total number of homes Caballero sold last year increased by more than 42% last year and his dollar volume increased by more than 43%, despite the fact that economists warned last year that home sales in Texas might suffer from the volatility in oil prices. But Dallas-Ft Worth area-based Caballero continues to point out that Texas is not as dependent on oil as it once was. "Dallas is headquarters to 21 Fortune 500 firms; Austin is a hub for technology, education and legislation; San Antonio continues to benefit from a massive military base; and even though Houston has oil dependency, it still continues to see more home sales and price increases," Caballero said. Caballero also is the only individual real estate agent ever to surpass the total production of the number one ranked real estate teams in "The Thousand" list, as measured by total sales transactions (sides) and total transaction volume, as verified by REAL Trends. Caballero sold nearly twice as many homes in both dollar volume and number of homes than the top real estate teams in the "The Thousand" list this year. But Caballero does it differently than nearly every other agent on "The Thousand" list: essentially all of his transactions are for new home sales. Caballero invented an online technology for builders – provided by the company he owns, HomesUSA.com, which allows him to achieve these remarkable numbers. It's a cloud-based listing management and marketing platform that streamlines the MLS listing and real estate marketing process for homebuilders. The HomesUSA.com platform allows builders to provide more accurate data to consumers while also dramatically increasing their ability to market their new home listings to real estate agents. "Whether a Volume Builder chooses to manage their MLS listings in-house or outsource them to an agent, it's a struggle to maintain them accurately when they attempt to do it manually. When you have dozens and dozens of listings, it's nearly impossible to keep them updated and accurate when doing it manually, no matter how many people work on them. I invented a way to automate much of the process to ensure data accuracy throughout the life of the listing. The system I created also is what has enabled me to achieve record sales volume at a level that is really hard for most people to fathom, but it really demonstrates how scalable our technology is," he added. Caballero grew his business in the last year from serving 40 builders to now serving 60. "Builders really don't effectively market to real estate agents and that's what I provide. You can't just enter a new home into the MLS and think that's that. Every listing must be updated constantly on the MLS and that's what my builder platform delivers. Plus, I provide every builder with custom marketing and production reports, a complete professional listing photography package for every home listed, and a lead capturing and forwarding system so they can quickly see how my system more than pays for itself: it saves them time and money." Caballero shows builders how his system also speeds up the sales process, typically between 10-30 days faster than comparable new homes in the marketplace. "Builders appreciate the extra value I deliver when they look at their competition and see that our system helps them sell their homes faster," Caballero says. 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, that's nearly 10 homes a 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. While the Caballero system is currently used solely in Texas, he expects it to soon rollout to other large volume homebuilder markets, including North Carolina and Florida. Builders interested can contact HomesUSA.com directly at (800) 856-2132 x300 or email Caballero at [email protected] About Ben Caballero and HomesUSA.com® Ben Caballero is the #1 ranked real estate professional in the U.S. in two categories: (1) number of real estate sales transactions and (2) cumulative transaction (dollar) volume. In 2016, he completed 3,565 home sales totaling $1.449 billion in volume. Between 2010 and 2015, he had 16,618 home sales totaling $5.765 billion in volume. Ben has been the #1 agent in the nation in these categories for the last 6 years and 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. Caballero is an acclaimed innovator and technological pioneer within the real estate industry. His drive to leverage technology has allowed him to reach unprecedented, historic levels of sales, as he developed a proprietary SaaS platform, HomesUSA.com, to aid him in servicing his clients. His individual record-setting production is only possible due to the efficiencies it enables. He was named a 2017 Inman Influencer and a SP2017 Trendsetter by Swanepoel T3 Group. Caballero received the 2014 Pinnacle Award for Real Estate Entrepreneurship, presented by Keller Williams Realty. He was named the Most Innovative Real Estate Agent by Inman News in 2013 and a finalist in 2016. He is CEO and President of HomesUSA.com, Inc., operating in Dallas-Fort Worth, Austin, San Antonio and Houston. He serves on the Board of Directors of the Greater Metro MLS, MetroTex Association of REALTORS®. A lifelong Realtor and former homebuilder, Caballero has been a real estate broker since age 21. Follow Ben on Twitter at @bcaballero and learn more about HomesUSA.com online.
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REAL Trends Announces 2017 The Thousand
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Bob Goldberg Named CEO of National Association of Realtors®
WASHINGTON (June 23, 2017) – Bob Goldberg has been named CEO of the National Association of Realtors®. Goldberg currently serves as NAR senior vice president of Sales & Marketing, Business Development & Strategic Investments, Professional Development and Conventions for NAR. Goldberg was the choice of NAR's leadership team after an extensive national search. He succeeds Dale Stinton, who is retiring after 36 years at NAR and 12 as CEO. Goldberg has been with NAR since 1995 and will be NAR's 12th CEO since the association was founded in 1908. "Bob's vision, business acumen and unique ability to successfully leverage NAR's technology investments will ensure Realtors® remain at the center of the real estate transaction," said 2017 NAR President William E. Brown, a Realtor® from Alamo, California. "With extensive knowledge of the association and real estate industry, Bob brings with him a strong track record for future-based thinking and enacting change, which is why the NAR leadership team is extremely confident in his ability to lead the association and membership to continued future success." In his current SVP role, Goldberg is responsible for brand and strategic marketing and association non-dues revenue, and oversees the largest employee base at NAR, with 69 division personnel. He guides a broad range of association initiatives including business development, strategic planning and partnerships, association product and marketing services and management, member professional development, competitive brand positioning, marketing, advertising and promotions, and group conventions. In addition to his NAR roles, Goldberg also acts as SVP of administration for REALTOR® University, overseeing graduate school staff, day-to-day operations of the research center, curriculum development and budgets. He is also president and CEO of the REALTORS® Information Network, or RIN, an NAR for-profit and wholly owned subsidiary responsible for overseeing the realtor.com® operating agreement with Move, Inc. "I'm humbled and excited to be named NAR's next CEO," said Goldberg. "This is a dynamic time for the association and the industry, and I am looking forward to my new role and working with Realtor® leaders and staff to advance the association and our members towards long-term success." After soliciting and considering recommendations from NAR's members, the Leadership Team appointed a diverse 15-member search committee in December 2015 to work with executive search firm Heidrick & Struggles to recruit candidates for the CEO position. 2015 NAR President Chris Polychron served as the search committee chair, and 2003 NAR President Cathy Whatley served as vice chair. "Finding a successor for Dale Stinton was far from easy, but it was a challenge our search committee took very seriously. The final candidates, who were all top-notch, brought diverse backgrounds and the right mix of skills, but Bob Goldberg stood apart because of his considerable understanding of and expertise in the many the issues facing the industry and NAR's members," said Polychron. "We greatly appreciate Heidrick and Struggles' insights and assistance throughout the entire selection process and look forward to moving ahead." 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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Moderne Passport Announces Spring 2017 Class
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MLS Industry Veteran Tom Beede to Retire in July
MetroList Board Appoints Next Leadership Team SACRAMENTO, California – Tom Beede, President, CEO and CFO of MetroList Services, Inc., has announced his retirement after more than 32 years of service with MetroList and over 40 years in the MLS industry. His retirement is set for July 14, 2017. "MetroList has been very fortunate to have such a visionary leader at the helm," said Wayne Rose, chairman, MetroList Board of Directors. Prior to joining MetroList, Tom was an Account Manager for PRC Realty Systems where he created the first PRC regional MLS computer system for the Sacramento, Placer and El Dorado Associations of REALTORS®. With his expertise and knowledge in the new electronic age, Beede was the first employee at MetroList and was hired to manage, build, and lead MetroList as one of the first MLSs in the nation that "owned and operated" its own MLS Computer system. Under Tom's leadership, MetroList grew to become the largest Northern California MLS, now serving more than 18,000 Participants and Subscribers in Sacramento, Placer, El Dorado, Yolo, San Joaquin, Stanislaus and West Merced counties. Tom built an organization and culture focused on delivering unparalleled subscriber value, customer centric service, and the highest level of data integrity. "Tom has an aptitude for bringing the best products and services to subscribers, and an ability to create regional relationships, collaborations and identifying new and cost-effective ways to share MLS data," Rose added. "Tom will leave a lasting legacy not only with MetroList, but with the entire Industry. We are eternally thankful for his leadership and loyalty," Rose said. Bill Miller, a MetroList executive for the past 21 years, has been promoted to Chief Executive Officer by the Board of Directors. Miller's previous roles as COO, Corporate Secretary and Vice President of Business Development, make him the ideal person to lead the organization. Prior to his new role, Miller led the company's business segments, including marketing, communications, human resources, business development and subscriber education. Milleralso earned the CMLX3 designation, the highest-level certification offered by the Council of Multiple Listing Services. In addition, the Board of Directors has promoted Nancy Madolora as Chief Financial Officer and Bob Greenspan as Vice President and Corporate Secretary. "Tom has been an excellent leader and mentor," said Miller. "He leaves behind a great team of seasoned MLS professionals who will continue to develop and grow the organization bydelivering the innovative products and services so our subscribers can list and sell more property." This leadership evolution is consistent with the MetroList Board of Directors' corporate strategy and demonstrates the strength of management development within the organization. About MetroList Services, Inc. MetroList Services Inc. is the largest multiple listing service in Northern California, headquartered in Sacramento, the state's capital. Formed in 1985 by the Sacramento Association of REALTORS®, the Placer County Association of REALTORS® and the El Dorado County Association of REALTORS®, MetroList's ownership group has grown to include the Lodi Association of REALTORS®, the Yolo County Association of REALTORS®, and California Real Estate Brokers, Inc. MetroList acts as a seamless real estate information network serving more than 18,000 real estate professionals in seven counties: Sacramento, Placer, El Dorado, San Joaquin, Stanislaus, Merced and Yolo.
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HUD Kicks Off National Homeownership Month
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Proxio Appoints Two Industry Veterans As Directors to Its Board
Robert (Bob) Moles and Irving Levin bring decades of business experience to help guide the real estate technology company’s rapid growth.SANTA CLARA, CALIFORNIA (MAY 23, 2017) - Proxio, Inc., provider of digital marketing and collaboration solutions for builders, brokerages, and agents worldwide, announces the appointment of Robert (Bob) Moles and Irving Levin to its board of directors. The company added the new directors to help guide the expansion of its enterprise sales strategy across the real estate industry domestically and internationally. Bob Moles has over 35 years of leadership experience in the real estate industry. He is currently Chairman of the board of Intero Real Estate Services, a division of HomeServices of America (a Berkshire Hathaway affiliate). He is also a director of Heritage Bank, and previously served on the board of Trulia. Prior to joining Intero in 2004, Moles was the President and CEO of the Real Estate Franchise Group of Cendant Corporation (now Realogy), the largest franchiser of residential and commercial real estate brokerage offices in the world. As CEO, Moles oversaw the Century 21®, Coldwell Banker®, Coldwell Banker Commercial®, ERA® and Sotheby's International Realty® real estate companies. Moles is recognized as a leader in the area of developing relocation and financial services for brokers, and has led the industry in advocating the creation of value-added services for the purpose of recruiting and retaining agents. “Intero was an early adopter of the Proxio platform, attracted by its translation technology,” said Moles. “Now Proxio's collaboration technology is helping brokerages leverage agents in an entirely new way. I'm excited to be part of a team that continues to innovate and lead the industry forward." Irving Levin is a serial entrepreneur, angel investor, and philanthropist based in Portland, Oregon. Levin was the founder and CEO of the first credit card bank in the U.S., and later started Renaissance, a consumer lender, which he sold to Household International (now HSBC) in 2000. Levin sits on a number of private company boards and acts as a mentor for entrepreneurs. He is also active in the non-profit world as a Trustee of Portland State University and The Renaissance Foundation, and as Chairman of Digital Divide Data, a social enterprise operating in Africa and Asia. Levin holds a BA and MBA from the University of Chicago. “Proxio is primed for rapid growth, evidenced by the recent adoption of its digital marketing platform by Fortune 500 real estate companies.” said Levin. “It's an exciting time to be joining the Board.” “With impressive track records in the real estate industry, business and finance, Bob and Irving are tremendous additions to our board,” Proxio CEO Janet Case said. “Their advice will be invaluable as we continue to grow the company domestically and internationally.” About Proxio Proxio’s multilingual sales platform is moving the real estate industry into the modern era— powering the digital creation, sharing, and tracking of property marketing information globally. Proxio’s collaboration technology enables builders, developers, and brokerages to leverage motivated agents anywhere to reach more buyers and accelerate sales, while tracking activity, interest, and leads. For more information, visit http://www.Proxio.com.
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Elm Street Technology Announces Strategic Acquisition of Consolidated Knowledge
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Second Century Ventures adds Adwerx and immoviewer to 2017 REach® Accelerator Class
  WASHINGTON (May 17, 2017) — Two more innovative technology companies have been selected to join REach®, a growth technology accelerator program from the National Association of Realtors®' strategic investment arm, Second Century Ventures. Adwerx, a digital advertising provider, and immoviewer, a 3-D virtual tour technology company, will join the seven other companies announced last month as part of the fifth REach class. REach provides early-to mid-stage companies with access to NAR's industry expertise, influence and key relationships to help launch companies into the real estate, financial services, banking, home services and insurance industries. "This year we had a record number of applications, which demonstrates REach's value proposition to participating companies and the tremendous opportunity there is for them in the trillion dollar real estate industry," said Dale Stinton, president of SCV and NAR CEO. "We are excited by the talent and diversity of innovation among the nine selected companies and are eager to kick off our 2017 cohort with the final addition of Adwerx and immoviewer." Adwerx provides cost-effective, highly-targeted and localized online advertising for real estate brokers, agents and listings. "By participating in the NAR REach program, Adwerx is in a great position to expand our footprint in real estate and strengthen our relationship with NAR. The opportunity to be part of the class of 2017 is perfect timing for us with the launch of our enterprise offering of marketing automation to brokers and franchises," said Adwerx CEO Jed Carlson. The newest trend in real estate listing marketing is 360 degree virtual tours, and immoviewer's 3-D virtual tour software makes the process simple and affordable. "As the European market leader in 3-D virtual tour technology and the first international company to be selected to participate in the REach program, we are excited about the opportunity to accelerate and expand the use of this technology among real estate professionals in the U.S." said immoviewer CEO Ralf von Grafenstein. The seven other organizations making up the 2017 REach class are Centriq, an app that transfers home repair and maintenance knowledge from the seller to the buyer and keeps agents connected to their clients after the transaction; HouseCanary, a leading source for residential valuations and analytics; Notarize: a remote electronic notary service; Occly: a portable alarm solution that helps protect real estate professionals and properties; Pearl Certification, which certifies homes with features that contribute to its comfort, energy performance, indoor air quality and value; Relola, a site for agents to share insights about local listings, neighborhoods and service providers with clients; and Trusted Mail, a certification program that uses facial-biometrics to sign and encrypt email and attachments to protect against wire fraud and email spoofing. NAR's 2017 REach accelerator companies will be showcasing their innovative technology solutions this week during the REALTORS® Legislative Meetings in Washington, D.C., at the trade expo on Wednesday, May 17 and Thursday, May 18 from 10:00 a.m. to 6:00 p.m. at booth #1731. Second Century Ventures is an early-stage technology fund, backed by the National Association of Realtors® that leverages the association's 1.2 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. 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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Homeownership in the Crosshairs of Latest Tax Plan, Say Realtors®
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Remine Hires Three Real Estate Technology Veterans
FALLS CHURCH, Va., April 26, 2017 -- Remine has hired three real estate technology veterans: Lucie Fortier and Bill Weis formerly of Corelogic and Joel Shears from Lone Wolf. Lucie Fortier will serve as Remine's VP of Product to oversee product development and MLS implementations. Bill Weis was hired as Director of Data Acquisitions. Joel Shears is Director of Industry Relations. Fortier joins Remine from Corelogic, where she was Senior Director of Operations for Real Estate Solutions, including Matrix and Realist, which is in use by more than 700,000 Realtors® today. "MLS executives across North America have a deep respect for Lucie because she can take complex situations and deliver results. She's got the track record to deliver the Remine platform to more than one million Realtors®," said Remine CEO Leo Pareja. Weis began his career in the data acquisition business more than 20 years ago at First American, before it became Corelogic. "His relationships are extensive as he was one of the first architects of creating a public record acquisition system," says Jonathan Spinetto, COO of Remine. "Bill will help us continue to build out our impressive data assets." Shears initially became involved in the real estate industry with the original wireless MLS portals for mobile which later turned into some of the apps we see today. Over the past 12 years, Joel oversaw an MLS platform that was in wide use in the Canadian markets, and is deeply connected in the MLS, Association and Brokerage space, both in Canada and the US. "On the heels of our unprecedented success in the MLS industry, we knew we needed a team of pros that can deliver results, and who have the credibility amongst MLS and Broker executives," said Mark Schacknies, CFO of Remine. About RemineRemine delivers real estate intelligence to MLSs, Brokers/Teams and Realtors®. We analyze property records, transactional history, consumer data and deliver results on an intuitive user interface. Visit Remine.com or call 855-217-0171.
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eXp Realty Supports Accelerated Growth with the Addition of Four Industry Veterans to Management Team
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Howard Hanna Moves Up in Rankings of the Top Residential Real Estate Brokerage Firms across America
Howard Hanna Real Estate Services has moved up in the national rankings of residential real estate firms and now ranks as the 3rd largest company in the United States, based on total transaction sides closed last year.  The family-owned and operated company recorded 90,016 closed transactions sides, up 45.9% over the year before. The new rankings were published in the annual REAL Trends 500, a list of the top real estate brokerages distributed by REAL Trends, Inc., a leading source of statistical analysis for the residential real estate industry, and in RISMedia's annual Power Broker Report, both of which were released earlier this week. "2016 was a record year at Howard Hanna spearheaded by organic internal growth and acquisitions.  In fact, Howard Hanna Realtors individually out performed our competitors' agents by 18%.  The results can be attributed to the overall hard work, dedication and pride in performance of our more than 9,000 colleagues in eight states," said Chairman Howard W. "Hoddy" Hanna, III. Howard Hanna advanced in the rankings of closed sales volume ranking as well, moving from 7th to 5th largest in the United States, with closed sales volume of $16.8 billion last year, an increase of 39.6% over the year before. The company's year-to-year increases in closed transactions and closed volume were the highest among the residential real estate firms ranked. About Howard Hanna Howard Hanna Real Estate Services is the third largest real estate company in America, the #1 privately owned broker in the nation, and the largest home seller in Pennsylvania, Ohio, and New York. The family-owned and operated real estate 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 more than 270 offices across PA, OH, NY, VA, MI, WV, NC and MD, our more than 9,000 sales associates and employees are guided by a spirit of integrity in all aspects of the real estate process. For more information, please visit howardhanna.com.
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NAREE Real Estate Journalism Conference to Draw Journalists and Industry Experts to Denver in June
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REAL Trends 500 Report Ranks Nation's Largest Real Estate Firms
  CASTLE ROCK, Colo., March 31, 2017 -- REAL Trends, the trusted source for news and research about the real estate brokerage industry, announced the results of the 2017 REAL Trends 500, an independently verified compilation of the Nation's leading residential real estate companies. According to a research report produced by REAL Trends, the 500 largest residential real estate brokerage firms in the nation closed over 3.1 million residential sales transactions in 2016. These transactions represent over one-third of all new and resale transactions completed by brokers during the year, yet the REAL Trends 500 represented less than one-half of one percent of all brokerage firms. The 500-ranked brokers closed 3.1 million home transactions with a value of over $1.0 trillion during 2016, up from $935 billion in the calendar year 2015. This year's survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms. "Housing sales in the Nation were up 4.9 percent in 2016 from 2015. The REAL Trends 500 firms were up 6.6 percent in the same period. For the third year in a row, the Nation's largest brokerage firms gained market share," said Steve Murray, president of REAL Trends. "This market-share growth is unusual in that historically larger firms lose market share in robust markets. Clearly, America's largest brokerage firms have figured out how to grow their share in all kinds of market environments." It took 1,843 transactions to be included in this year's REAL Trends 500, up from a minimum of 1,702 transactions a year ago. In 2015, there were 209 firms recording over $1 billion in residential sales while there were 235 firms that accomplished this in 2016. NRT, LLC led the REAL Trends 500 as the largest residential brokerage company in the country. The firm closed 337,780 transactions in 2016. Owned entirely by Realogy, NRT, in Madison, New Jersey, acquires residential real estate brokerage firms and operates them as affiliates of Coldwell Banker, Sotheby's International Realty, The Corcoran Group, Zip Realty and Climb Real Estate. Number two on the list of the Nation's largest firms is HomeServices of America Inc., headquartered in Minneapolis, Minnesota, with 245,154 closed transaction sides. Number three on the list is Hanna Holdings, in Pittsburgh, Pennsylvania, with 90,016 transactions and number four was Chantilly, Virginia-based Long & Foster Companies, Inc., with 81,032 transactions. To view the rankings, click here. To purchase a copy of the 2017 REAL Trends 500 publication, visit this page. About REAL Trends REAL Trends has been The Trusted Source for news, analysis and information about the residential real estate industry since 1987. We are a privately-held publishing, communications and consulting company based in Castle Pines, Colorado. Residential real estate leaders find timely and trusted information and analysis through our yearly event—Gathering of Eagles—our monthly newsletter and other publications.
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With National Flood Insurance Program Expiring in Six Months, Realtors® Sound the Alarm
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Century 21 Real Estate CEO Rick Davidson to Return to His Entrepreneurial Roots and Become a C21 Franchisee
Madison, N.J. 03-27-2017 — Century 21 Real Estate LLC, franchisor of the iconic CENTURY 21® brand, announced today that Rick Davidson will be transitioning from his role as President and CEO on April 21 to return to his entrepreneurial roots in real estate brokerage. Davidson will pursue his passion within the CENTURY 21 System as a principal and president of the Everest Group, operator of CENTURY 21 Everest-Troop Real Estate, a Salt Lake City-based firm with 17 offices in Utah and California. CENTURY 21 Everest-Troop ranks among the top five C21® franchise affiliates worldwide. "We thank Rick Davidson for his 11 years of outstanding leadership and service at Realogy, the last seven of which have enabled CENTURY 21 to become a far stronger and healthier franchise network today than ever before," said John Peyton, president and chief operating officer of the Realogy Franchise Group, the parent company of the CENTURY 21 System. "We are delighted that he will remain affiliated with the franchise system as he moves forward with this next stage of his career. There is no better validation for the C21® System than to have a leader of Rick's caliber choose to affiliate with the franchise." Peyton continued, "In the interim, CENTURY 21 remains in extremely good hands with its existing senior leadership team, and the day-to-day operations of the brand will continue to be managed by Chief Operating Officer Greg Sexton. We are moving expediently, yet deliberately, to conduct a thorough search and evaluate candidates for the CEO position." During the past seven years, Davidson and his leadership team are credited with reinvigorating the CENTURY 21 System, putting in place a comprehensive plan to create excitement about the brand throughout the industry, drive brand pride, foster loyalty within the system and drive growth. The momentum behind CENTURY 21 today is powerful, as evidenced by the brand's unprecedented sweep of the annual J.D. Power Home Buyer/Seller Satisfaction StudySM, in which it earned "Highest Overall Satisfaction for First-Time Home Sellers, First-Time Home Buyers, Repeat Home Sellers, and Repeat Home Buyers (Tied in 2016) among National Full Service Real Estate Firms in each of the past three years. The satisfaction level of CENTURY 21 affiliates has increased in every category since 2010. Last year was the best year for franchise sales that C21 has experienced in the past decade. In addition, the brand's marketing campaign continues to evolve while promoting the expertise of its System members and reinforcing the brand's positive momentum. "I am deeply proud of the growth and market positioning we have been able to accomplish together as a team at CENTURY 21," said Davidson. "I cherish the relationships I have built through the years, and I am excited to become a principal of a leading franchise affiliate brokerage firm within the C21 System. This is the start of an exciting new chapter for my career, and my decision to remain affiliated with the CENTURY 21 brand should speak volumes about where my heart is. In my return to real estate brokerage, I wanted CENTURY 21 and the Realogy Franchise Group to remain my home." About Century 21 Real Estate LLCCentury 21 Real Estate LLC is comprised of approximately 7,330 independently owned and operated franchised broker offices in 77 countries and territories worldwide with more than 110,000 independent sales professionals. Century 21 Real Estate has numerous websites to help answer specific consumer needs. Century 21 Real Estate 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.
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Placester Raises $50M in Series D Funding to Simplify Marketing for Real Estate Professionals
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LeadingRE Names New Advisory Council Officers, Members
CHICAGO, IL – (03/14/17) – Leading Real Estate Companies of the World® has announced new officers and members for its Advisory Council, a leadership group comprised of business development and relocation professionals who provide guidance on key initiatives for the global real estate community comprised of 550 market-leading firms spanning six continents. Pam Metzger, director of relocation and corporate services for WK Real Estate in Boulder, Colo., has been named chairperson and will serve a one-year term. Allison Rybarczyk, relocation director, associate broker for Arizona Best Real Estate in Scottsdale, Ariz., has been elected vice chairperson and will assume the position of chairperson next year. Newly-elected Advisory Council members include Kimberly Barkoff, Halstead Real Estate, N.Y.; Andrea Bowles, Blanchard & Calhoun Real Estate, Augusta, Ga.; Jo Lay, Baird & Warner, Chicago, Ill.; and Catharine Pappas, Dickens Mitchener, Charlotte, N.C. These professionals join current Advisory Council members Ryan Carrell, Carpenter Realtors, Indianapolis, Ind.; Rachael Joyner, Joyner Fine Properties, Richmond, Va.; Diana McGrogan, Intero Real Estate Services, Cupertino, Calif.; Frank Morrice Arias, Siuma Realty, Panama; and Kim Mullins, HUFF Realty, Cincinnati, Ohio. Concluding their service on the council are Jane Gowarty, Smith & Associates Real Estate, Tampa, Fla.; Liz Nunan, Houlihan Lawrence Real Estate, Rye Brook, N.Y.; and Denise Talboy, The Keyes Company, Miami, Fla. The Advisory Council works closely with the Leading Real Estate Companies of the World® management team on strategic network initiatives. Council members also mentor other affiliates and serve as ambassadors for the organization's extensive programs. 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 and their willingness to share their expertise for the benefit of the network. "We are incredibly fortunate to have such talented, experienced council members providing guidance on vital programs that impact our members around the world, particularly those that relate to business development, lead generation and relocation," said LeadingRE Director of Member Services Brent Williams who serves as the staff liaison to the group. LeadingRE connects its members 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. For more information, 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 550 companies and 130,000 sales associates spanning six continents. Network members generate over 1.2 million transactions annually. 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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Baird & Warner's Jo Lay Named to Leading Real Estate Companies of the World® Advisory Council
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Senate Confirms Carson Nomination as Realtors® Look to Opportunities and Challenges Ahead
  WASHINGTON (March 2, 2017) — The U.S. Senate confirmed Dr. Ben Carson as the Secretary of Housing and Urban Development today with a roll call vote of 58-41. National Association of Realtors® President William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties, said Realtors® will work closely with Secretary Carson to support homeownership and real estate investment. Following is a statement from NAR President William E. Brown on the nomination: "Dr. Carson should be proud of his achievement. The task at hand is a big one, and we applaud his commitment to the challenges that lie ahead. "NAR has been the voice of real estate for over a century. In that time we've seen changes in markets, in Washington and in the business of our Realtor® members. But there's a reason that homeownership is called the 'American Dream,' and that hasn't changed one bit. "Homeownership helps build communities and build wealth for families. And we know that the policies set in Washington can make a real difference for Americans as they work to realize their dream of homeownership. "We're committed to helping them get there, which means addressing the hurdles that buyers, current homeowners and investors face in the marketplace. Housing inventories are tight and mortgage credit is hard to come by, and at the same time far too many buyers are saddled with high rents and student debt that stand in the way of saving for a down payment. "We look forward to working with Secretary Carson to meet these challenges head on." 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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Ben Kinney Companies Acquires Real Estate Technology Companies Blueroof360 and RealVolution
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DocuSign Lands High Profile SaaS Industry Veteran Daniel Springer as CEO
SAN FRANCISCO, Jan. 18, 2017 -- DocuSign announced today that Daniel Springer has joined the company as CEO. Previously, Springer served as Chairman and CEO at Responsys for ten years where he transformed and scaled the business from private start up to the leading cross-channel marketing automation platform globally and a publicly traded company. Springer brings more than 25 years of executive leadership and experience in driving innovation and hyper growth across technology and, specifically, the Software-as-a-Service (SaaS) industry to his role at DocuSign. Keith Krach will continue in his role on DocuSign's board as Chariman. "DocuSign has delivered tremendous value for hundreds of thousands of companies and millions of consumers around the world by providing them with a faster, easier and more secure set of services for their digital transformation journey," said Dan Springer, CEO at DocuSign. "I'm thrilled to join a team of such highly passionate leaders and employees so deeply focused on customer success. I look forward to leading the next chapter of DocuSign innovations to bring even more value to our customers, developers and partners around the world." "After our comprehensive CEO search, I am confident that Dan is the right leader to continue our hyper growth, further strengthen our preeminence in the market, and further inspire the innovative, entrepreneurial, values-based culture of DocuSign," said Keith Krach, Chairman of the Board at DocuSign. "Dan brings an exceptional track record of executive leadership, along with deep SaaS expertise and public company experience. As we pursue one of the largest strategic markets in the cloud today, we must continue to sprint this marathon, and I could not be passing the baton to a better person and leader than Dan." "Dan is a world class executive and a tremendous addition to lead DocuSign over the next decade and beyond," said Pete Solvik, DocuSign Board Member and Managing Partner at Jackson Square Ventures. "I've had the privilege of working with Dan while he served as CEO at Responsys where he showed he has a competitive spirit and plays to win. Dan is the type of leader who inspires high performance teams to deliver customer-focused innovation that scales businesses and creates massive market value. We're thrilled to have Dan join DocuSign to accelerate our leadership and the momentum of the DocuSign Global Trust Network." Springer served as Chairman and CEO of Responsys for a decade during which he transformed the company into an industry leader, drove its initial public offering on NASDAQ, and led its sale to Oracle for $1.6 billion in 2014. During his tenure, Springer was honored as both a Bay Area Most Admired CEO and Best CEO. Previously, Springer was the Managing Director of Modem Media and also served as CEO at Telleo, Inc., CMO at NextCard, and a consultant at McKinsey & Company. He started his career at DRI/McGraw-Hill and Pacific Telesis. Springer holds an MBA from Harvard University and an AB in Mathematics and Economics from Occidental College. Springer serves or has served as a board member at both public and private companies, including iCIMS, Ansira, YuMe, ELOAN (Banco Popular), Heighten, Persado, and eGroups (Yahoo!), as well as at nonprofits, including YearUp, The Urban School, Shop.org, AdTech, The Randall Museum and The San Francisco Friends School. Springer has posted his first blog as CEO of DocuSign at https://www.docusign.com/blog/dsds/ highlighting some of the details behind his decision to return to operations as the CEO of a hyper-growth company. About DocuSign, Inc.DocuSign® is changing how business gets done by empowering anyone to send, sign and manage agreements anytime, anywhere, on any device with trust and confidence. DocuSign and Go to keep life and business moving forward. For more information, visit www.docusign.com.
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Houlihan Lawrence Announces Agreement to Join HomeServices of America, Inc.
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Chris Bennett Named to Inman's 2017 Real Estate Influencers List
Irvine, CA, Jan 2, 2017 - Inman, the real estate industry's leading source of news and analysis, announced Chris Bennett of CoreLogic as one of the real estate industry's most influential leaders for 2017. The Inman Influencer List salutes a mix of industry professionals who shape, change and influence the industry. Like Chris Bennett they bring a mix of credentials, viewpoints and backgrounds from all walks of the real estate business. Some are creative, intuitive and gifted. Some have power, reach and charisma. And some are controversial, rabble-rousers and disrupters. All of the Inman Influencers, including Chris Bennett contribute to change in one way or another. The list is both young and hardened, made up of connectors, power brokers, high earners, CEOs, hackers, troublemakers and startup founders. It's a list of entrepreneurs, big and small; the old-school and the new; controversial and quiet plodders. "They are not cut from the same cloth, they do not speak the same language and they do not always necessarily share the same values. But they influence the industry by their work, through their followers and by expressing their opinions," said Inman publisher Brad Inman. In selecting this year's Inman Influencers, Inman considered recommendations from readers, editorial staff and outside suggestions. Thousands of real estate professionals make a difference in the real estate industry every day, but Chris Bennett and others on this year's list are some we believe stood out. View the complete Inman Influencer list here. About Inman | Inman is the leading real estate news source for real estate agents, brokers, real estate executives and technology leaders who need the latest real estate news, insights and analysis to grow their business and stay ahead of the competition. For more information, visit www.inman.com.
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