Keller Williams' sales dip in US as agent count takes big leap overseas
Transaction sides fell 18.2% year over year for a total of $472.9B in sales in 2022, a 12.5% decline, according to a full-year earnings report released Monday afternoon by the Texas-based brokerage
by Jim Dalrymple II Mar 13
The Agency expands into Outaouais region of Quebec
This marks The Agency's 13th office located throughout the provinces of Quebec, Ontario, Alberta and British Columbia, strengthening its reach across Canada
by Lillian Dickerson Feb 28
A volatile housing market slices at RE/MAX's Q4 revenues, profits
RE/MAX Holdings' total revenue decreased 8.9% year over year to $81.3M during Q4 due to diminished broker fee revenue, a 1.9% drop in its NA agent count and costs related to increased recruiting incentives. However, the franchisor remains bullish
by Marian McPherson Feb 16
Rocket CEO Jay Farner, who led company's 2020 IPO, retiring June 1
Former Rocket Mortgage CEO Bill Emerson will serve as the company's interim CEO and fill the board vacancy while its board of directors conducts a search for a permanent leader
by Matt Carter Feb 14
OJO nets $200M via sale of Canadian operations, new debt raise
The company is selling its Canadian operations to Royal Bank of Canada, while also raising new funds from Vista Credit Partners
by Jim Dalrymple II Feb 8
Mauricio Umansky and globe
'The key takeaway is this,' CEO Mauricio Umansky said of this year's report. 'Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation'
by Lillian Dickerson Jan 19
Want to buy a home in Canada? You'll likely have to be Canadian
As of Jan. 1, homes in Canada can only be purchased by the nation's citizens and a few other groups after a new law went into effect. The step's a campaign promise of Prime Minister Trudeau
by Daniel Houston Jan 5
'This is the shift everybody has been predicting': Agents at Connect Now
Matt Lionetti and Jason Cassity said during Inman Connect Now on Thursday that the market shift has been fast and furious, and agents must start stepping up their games to survive
by Jim Dalrymple II Dec 15
Big names backing nesto's bid to upend Canadian mortgage lending
'Oversubscribed' $80M Series C round brings funding raised to date from high profile backers by Montreal-based digital mortgage lending platform to $167.5M
by Matt Carter Dec 13
'It impacts everyone:' Redfin adds zoning and land use data to listings
Redfin launched its latest listing data update on Monday, which provides zoning and land use data for more than 70 million listings in the US and Canada
by Marian McPherson Dec 5
37% of real estate agents couldn’t pay rent in October
Rent delinquencies surged in October compared to one month prior as the housing market continues to struggle with high mortgage rates, according to a new survey
by Jim Dalrymple II Nov 17
Ownly builds partner network to Shopify new construction sales
The virtual home buying platform secured deals with a leading online mortgage company in Canada, called Homewise, and another with HonestDoor, a home valuation provider
by Craig C. Rowe Nov 16
The Real Brokerage taps 115-agent Dean Aguilar Group in San Diego
Real CEO Tamir Poleg said Tuesday that the latest influx of agents will help further its tech adoption goals as it invests further in software, innovation and a strong online presence
by Craig C. Rowe Nov 16
The Real Brokerage picks up 90 agents with Redline acquisition
Publicly traded real estate company The Real Brokerage has expanded its footprint in Canada with the acquisition of the 90-agent Redline Real Estate Group
by Craig C. Rowe Nov 7
Regret, reduce, relocate: The 6 biggest US luxury trends of 2022
Amid a persistent uptick in interest rates, lingering inflation and economic uncertainty, luxury homebuyers are changing habits ever so slightly. Coldwell Banker notes 6 big trends to watch
by Lillian Dickerson Oct 24