Industry News

Industry mourns loss of one-stop-shopping innovator

Weston Edwards passes away

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Dr. Weston Edwards, a consultant to some of the nation's largest real estate brokerage firms, title companies and mortgage lenders, has passed away. Edwards received his doctorate from Harvard Business School and has been building and managing residential brokerage, relocation, title insurance and mortgage finance businesses for more than 30 years. "Weston will be greatly missed, and his passing turns a page on another chapter in the history of the residential real estate industry," Richard A. Smith, chairman and CEO of Cendant's Real Estate Services Division, said this morning. "Weston was passionate about the industry, and his insights and perspectives led the movement toward one-stop shopping. He left a mark that materially impacts us all. That is a great testament to a humble and industrious contributor to our industry and our national economy." Edwards has built a residential brokerage firm with more than 300 owned offices and 8,000 sales associates, a leading relocation comp...