Resources

No HomeServices deal yet, months after settlement announcement

Jul 9, 2024

The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April.

3rd round of layoffs at Newrez brings 2024 job cuts to 750

Jul 9, 2024

After cutting nearly 500 jobs after Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida.

CoStar censured for claims made about traffic in Homes.com ads

Jul 9, 2024

The Better Business Bureau's National Advertising Division has recommended that CoStar Group's residential portal Homes.com ceases using claims that it has double the traffic of Realtor.com in its ads. CoStar Group has complied with the request.

Alexander brothers rape allegations draw scrutiny from FBI

Jul 9, 2024

Women who claim to be victims of the Alexander brothers, or witnesses to alleged assaults, have been approached by agents from an FBI task force, "The Wall Street Journal" reported Tuesday.

Feds want to expand their control over real estate sales to foreigners

Jul 9, 2024

A proposal would expand an existing rule and give the "Committee on Foreign Investment in the United States" power to review real estate sales near 56 military installations in 30 states.

What’s the most unprofessional thing you’ve seen an agent do?

Jul 9, 2024

Professionalism (or a lack thereof) is important everywhere — on social media, on the phone and face-to-face, but which agents are putting their worst out into the world?

Suburban Chicago homeowner hit with $30K property tax bill in error

Jul 9, 2024

Homeowner Darryl Lloyd was stunned to receive an errant property assessment of more than $1 million from assessors, causing his bill this year to skyrocket from $1,800 to a whopping $30,000.

Lamacchia Realty buys Berkshire Dream Home in Massachusetts

Jul 9, 2024

The deal marks the seventh purchase in 12 months for Massachusetts-based Lamacchia Realty as it signals acquisitions across New England in 2025. "I want to triple that in the next 12," CEO says.

Rapidly growing Real Brokerage surpasses 20K real estate agents

Jul 9, 2024

The publicly traded real estate brokerage reached the milestone on its 10th anniversary and set its sights on a closing-bell celebration at the Nasdaq exchange Tuesday afternoon.

5 tips for advertising rentals through portals and social media

Jul 9, 2024

RentRedi's Ryan Barone offers strategies for branding and marketing rental properties across a variety of digital platforms.

How I secured a Soho penthouse for clients after a 4-day search

Jul 9, 2024

In this luxury case study, learn how The Agency's Daniel Blatman overcame multiple offers and a short timeline to help his clients meet their goals.

Local MLSs are doomed. The case for data consolidation in real estate

Jul 9, 2024

The thing holding many local MLSs in place is a desire for power and control rather than seeking the best for real estate agents and brokers, writes Mainframe Real Estate founder Sean Frank.