Industry News

Real estate pros open for action

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Richard Mendenhall, 2001 president of the National Association of Realtors, and Dick Ward, a former executive at Fidelity National Financial and Microsoft's HomeAdvisor, have opened WMWorks, a "business action company" that will help real estate-sector companies create and implement business action plans. "We will be doing some strategic planning and research, but the real value we will offer clients is concise direction on what they should be doing next week to improve their profitability," Ward said in a statement obtained by Inman News. The firm will also assist with business development, eCommerce solutions, merger and acquisition efforts and executive management and training. Bob Moles, president and CEO of Cendant Real Estate Franchise Group in Parsippany, N.J., called Mendenhall and Ward "two of the top strategic thinkers on the real estate scene." Half a dozen clients have already signed on to tap the firm's expertise. The company didn't disclose the clients' identities, ...