The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers
Mar 26
The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100M through a tax hike on real estate sales
Mar 20
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
Mar 20
Proposed settlement represents 'nothing short of a sea change' for Realtors as NAR agrees to pay $418M and make sweeping changes
Mar 18
NAR would agree not to create rules that allow listing agents to set compensation for buyer brokers as part of the settlement. HomeServices of America not included in the deal
Mar 15
A fiscal watchdog also released a report warning that Chicago leaders may not have studied the issue thoroughly before putting it on the March 19 ballot
Mar 13
The sheriff has been ordered to arrest a landlord twice named worst in New York City and bring him to Rikers Island for up to 60 days over hundreds of building violations
Mar 13
Some Realtors and the attorney general in Washington, D.C., have come forward with criticism of Curbio. Executives say the complaints represent a tiny fraction of the thousands it has helped
Mar 7
Voters are set to decide on March 19 whether they want to quadruple the tax buyers pay on real estate purchases above $1.5M. Realtors say it amounts to a secret tax and rent hike
Mar 6
The New York City-based real estate news site, a resource for buyers, sellers and renters, briefly ceased publication last week before announcing Monday it had been acquired
Mar 5
Rent is now 0.7% lower for one-bedroom rentals nationwide than it was a year ago, but some markets are still seeing significant increases, new report shows
Feb 27
Advocates had hoped to quadruple the tax buyers pay on residential and commercial real estate purchases if voters approved the measure next month
Feb 23
RE/MAX announced it was making changes to its executive team after revenue fell for a sixth consecutive quarter to end 2023. Amy Lessinger will succeed Bailey as president
Feb 22
The company said it expects to grow total revenue 19% to 22% this year as it continues its expansion as an industry leader
Feb 20
The Department of Justice said a proposed settlement in the major antitrust lawsuit might itself violate federal law and said buyers should negotiate their broker's commission directly
Feb 16
Bekki Shae Smith is a regional director for the Georgia Association of Realtors and past president of the Cherokee Association of Realtors
Feb 15
DeLeon Realty in Silicon Valley began advertising commissions of 3.5% or less for homesellers who choose to work with the firm. The marketing push appeared in the mail and social media this week
Feb 15
The company earned $9.9B in total revenue for the year; nearly half was profit. That's more than double the total revenue the company earned in 2019, before the pandemic upended travel
Feb 13
The complaint — one of nearly two dozen targeting real estate's commission-sharing structure — alleges 'most' buyer agents will steer clients away from listings that offer lower commission
Feb 12
As the Belisario Cruz Reyn Team, the group was 4th overall on the list of New York’s real estate teams with over 20 agents, with $155M in sales volume
Feb 9