At Stellar MLS, one of our foundational principles, or what we call “Always Principles,” is that we succeed when brokers do. With spring's arrival, the market is gaining momentum as buyers begin to push through challenging interest rates, creating new opportunities for success. In Florida, inventory has risen 27%,...
In another up-and-down earnings call, Anywhere Real Estate on April 29 reported financial results for the first quarter ended March 31, 2025, which included revenues of $1.2 billion, an increase of $78 million year-over-year. At the same time, the company reported a net loss of $78 million, an improvement...
Consumer confidence fell yet again in April, marking the fifth consecutive month of declines—a clear indication of pessimistic attitudes toward the economic situation in the country at large, according to the latest data released today by The Conference Board. The Consumer Confidence Index dropped 7.9 points, continuing a pattern ...read more
The “no-commingling rule,” an optional MLS policy crafted by the National Association of REALTORS® (NAR) in the 2000s in the wake of a Department of Justice (DOJ) investigation, is being largely abandoned by MLSs, according to a Zillow spokesperson, as the company shifts from its two-tabbed search display. Markets...
Above, Allen Gammons Allen Gammons owned a small publishing company in Rhode Island when he began to invest in real estate—and became so fascinated by the process and possibilities that in 1992, he became a licensed agent. After testing his skills with a smaller company, he signed on with...
Above: James Sanders James Sanders CEO Estate Properties International, a member of Leading Real Estate Companies of the World® Palos Verdes Estates, California https://estateproperties.com Region served: South Bay and West Side of Los Angeles County Years in real estate: 36 Number of offices: 11 Number of agents: 500 Most...
The Real Brokerage, a technology platform for real estate for agents, homebuyers and sellers, announced on April 26 the promotion of Ravi Jani to chief financial officer, effective immediately. Jani succeeds Michelle Ressler, who was terminated based on the company's opinion that she engaged in actions that violated their...
Editor's note: The COURT REPORT is RISMedia's weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. New Jersey Attorney General Sues RealPage New Jersey Attorney General Matthew Platkin (D) and the state's Division of Consumer Affairs have filed an antitrust lawsuit against RealPage ...read more
Everyone's up in arms about private listings—and everyone has a point. But somehow, everyone's also missing one. Compass has been vilified for choosing to do something that NAR rules now clearly permit. Are they doing it because it's a good business decision for them? Yes. Can listing a property...
In yet another legal development within the residential real estate industry, Compass on April 25 filed a federal antitrust lawsuit in U.S. District Court in Seattle over Northwest MLS's (NWMLS) Clear Cooperation Policy (CCP), claiming that the brokerage-owned trade group has the most restrictive homeowner marketing rules in the...