Long Island’s Lucky To Live Here Realty has joined SERHANT., bringing a $1 billion-plus sales track record and a four-person team to the brokerage’s New York expansion, the company announced earlier this month. Co-founders Elena D’Agostino and Joyce Mennella, both native Long Islanders, launched Lucky To Live Here Realty in 2010. Since then, the firm…
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Every few years, the real estate industry gets a jolt that sends agents scrambling to reassess their careers and where they hang their license. The current wave of consolidation — eXp acquiring Next Home, Real acquiring Remax, Compass acquiring Anywhere — is the latest version of that jolt. And if the conversations I’m having with…
Mortgage vendors are entering a new phase of consolidation as they respond to rising regulatory and cybersecurity pressures, according to a white paper released this week by investment banking firm Houlihan Lokey. Scale is also becoming a decisive advantage for companies that sell mortgage technology and services, a trend that follows a mergers-and-acquisition wave among…
As inventory fragments, the work of real estate professionals becomes less visible and more dependent on how clearly we can guide decisions, Deb Siefkin writes.