The country moved closer to a balanced market in December
Inventory rose 69% and sales fell 38% to close out 2022 as the nation moves away from the frenzied seller’s market and closer to balance, according to a new market report from RE/MAX
by Taylor Anderson Jan 18
RE/MAX launches ad campaign highlighting the agent's value
With the tagline, 'The right agent can lead the way,' the campaign includes broadcast spots and digital assets that show RE/MAX agents are equipped to help consumers through any market
by Lillian Dickerson Jan 17
2022 by the numbers: The dirty data that drove a weird year in real estate
To better illustrate how capricious the real estate industry was in 2022, Inman searched high and low for rogue data points that drove the housing market and best reflected this year's wild tumble
by Ben Verde Dec 27
Luxury in '22: Market slowdowns, reality TV, the metaverse and more
Luxury buyers finally decided to take a pause in 2022 as economic volatility shook the market. But despite a market slowdown, luxury companies and agents kept making interesting moves
by Lillian Dickerson Dec 23
Two wolves fighting
The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America
by Andrea V. Brambila Dec 16
Be agile, embrace change: 2 leaders share the keys to success in 2023
Christie's Real Estate Chris Lim and Ben Fairfield with RE/MAX Western Region Development shared keys to their teams' success in a down market with the Inman Connect Now virtual crowd
by Marian McPherson Dec 15
Jake Lipton's team leaves RE/MAX Premier for Coldwell Banker
Led by team leader Jake Lipton, a team of 14 agents, who represented $51M in sales volume in 2021, will move over to the Wilmington, Delaware, office of Coldwell Banker
by Lillian Dickerson Nov 22
California agent charged with theft and forgery tied to 2020 home sale
Daniel Montano, 28, an agent with RE/MAX Gold Coast in Ventura, California, was arrested on Nov. 17 for allegedly making false statements and forging his clients' signatures
by Ben Verde Nov 21
RE/MAX hangs onto slim profit in Q3 amid housing downturn
Steep declines in core revenue streams like broker fees were offset partly by the acquisition of independent franchise network RE/MAX Integra, according to earnings data on Thursday
by Daniel Houston Nov 3
Here's why video is one of the best lead generation strategies today
As the market shifts, agents need to reconnect to the fundamentals of their business, agents said during a panel at Inman Connect — and leverage video in any and every way
by Lillian Dickerson Oct 18
RE/MAX Holdings appoints new chief information officer
Former FathomRealty executive Grady Ligon has joined the company, bringing more than 20 years of experience in financial and brokerage technology
by Marian McPherson Oct 4
'Don't wait until the plane crashes': Lawyers offer grim antitrust update
Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services' annual conference
by Andrea V. Brambila Sep 30
Anywhere fights sellers' bid to give up docs on NAR commission rule
Federal court will hold oral arguments later this month on whether franchisor's implementation of the policy nationwide is relevant to homesellers' case in the MLS PIN service area
by Andrea V. Brambila Sep 14
RE/MAX Board of Directors eyes new blood as Joe DeSplinter departs
DeSplinter, who joined the board in 2016, informed the lead independent director he intends to retire ahead of the completion of his term, which was scheduled to end next year
by Ben Verde Sep 14
RE/MAX and broker franchisee settle suits over agent recruiting
The real estate franchisor alleged broker Jimmy Dulin funneled agents to eXp while Dulin's counterclaim alleged RE/MAX allowed other franchises to recruit away his agents
by Andrea V. Brambila Sep 13
Top RE/MAX Canada team returns to franchise after 16 months at eXp
After leaving in May 2021 for eXp Realty, The Woolcott Real Estate team has returned to RE/MAX. It is one of Canada's top producers, with more than $503M in 2021 sales volume
by Marian McPherson Sep 7
Real estate stocks are getting absolutely destroyed right now
Multiple real estate companies are seeing share prices fall to all-time lows. If they can't turn around stock market performances, falling share prices could have profound impacts
by Jim Dalrymple II Sep 2
As the market changes, this top CEO has 3 tips to reignite your business
Opinion
If the slower market has you discouraged, never fear. Coach Tom Toole has the best advice for agents looking to turn things around from Nick Bailey, CEO & President of RE/MAX International
by Tom Toole Aug 29
WATCH: Marc King and Nick Bailey trade jokes at Connect Las Vegas
RE/MAX CEO Nick Bailey and Keller Williams President Marc King, 2 of real estate's highest profile leaders, teased each other on stage, then counseled agents to focus on fundamentals
by Jim Dalrymple II Aug 8
Looking to acquire a brokerage? Don't ask 'Are you for sale?'
Scott Wright of Real Trends Consulting told an audience at Inman Connect Las Vegas on Thursday that acquiring a brokerage is a lot like recruiting agents
RE/MAX grows in Q2 despite downgrading 2022 housing outlook
The real estate franchise giant posted higher revenues and expanded profits even as the company downgraded expectations amid a slowing market, according to an earnings report Thursday
by Daniel Houston Aug 4
Keller Williams President: Real estate has become consumer centric
Alongside RE/MAX President and CEO Nick Bailey, Keller Williams President Marc King also hinted Thursday at Connect that KW may not be in a rush to begin selling shares to the public
by Jim Dalrymple II Aug 4
Gary Gold, Dottie Herman inducted into Inman Golden I Hall of Fame
Inman Luxury Connect brought out luxury's finest at the Aria Resort and Casino in Las Vegas, rewarding some of the best in the industry on Wednesday with luxury real estate's highest honor
Where legacy brands stand when proptech falters
As the market turns, investor interest in new industry disrupters may be waning. At Inman Connect Now, Clelia Peters and Nick Bailey explore where that leaves traditional brands
by Lillian Dickerson Jul 14
Here are the finalists for the 2022 Inman Innovator Awards
The finalists for the 2022 Inman Innovator Awards span the spectrum from true upstarts to established players, each showing the way forward in real estate. Winners will be announced live at Inman Connect Las Vegas, Aug. 3-5, 2022
by Lock Steele Jul 11
More than 700 agent steering calls suggest price-fixing, lawyers charge
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
4 commission charts that explain both sides of the Moehrl conflict
The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine
It's baaack! Homebuyer commission suit against NAR rises from ashes
On Wednesday, 8 homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions
RE/MAX to shutter tech platform booj, lay off workers by end of 2022
The company's booj platform debuted in 2019. Now, RE/MAX will offer similar tools via kvCORE, a platform from tech company Inside Real Estate
by Jim Dalrymple II Jul 7
'Longstanding conspiracy': Why the bombshell commission suit matters
Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here's why it matters
'Radical' and 'doomed': The case against the 'bombshell' Moehrl suit
The real estate establishment's latest salvo against the so-called 'bombshell' buyers' agent case is a sprawling, 3,000-page argument against granting class-action status in the Moehrl federal suit
RE/MAX agent strikes social media gold with Blink-182 parody
Agent Colin Schindler's parody 'All The Listings' went viral on Facebook and Instagram this week with more than 200,000 views, 1,400 likes, 950 shares and 630 comments
by Marian McPherson Jul 1
Sotheby's, Ben Caballero, sweep RealTrends The Thousand rankings
Caballero completed $1.98B in sales volume in 2021, and Sotheby's International Realty boasted the most agents in the individual agent by sales volume category
by Lillian Dickerson Jun 10
RE/MAX's Motto Mortgage hires new VP of product to fuel growth
Chris Erickson, who joins Motto Mortgage as vice president of product and strategy, has held product management roles at Guaranteed Rate, CoreLogic, Nationstar Mortgage and Citi
by Matt Carter Jun 9
RE/MAX Holdings appoints its first-ever Black female board member
Hospitality mogul Annita M. Menogan has nearly 4 decades of experience in the world's top food brands including Red Robin Gourmet Burgers and the Adolph Coors Co.
by Marian McPherson Jun 7
Appeals court rejects NAR class certification challenge in lawsuit
The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023
KW demands REX turn over audio recordings in commission suit
The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case
Market shifts, rate hikes and why real estate stocks can't get a break
As real estate enters what one observer called a 'Wile E. Coyote' moment, real estate companies’ share prices continue to struggle amid market uncertainty
by Jim Dalrymple II May 30
NAR, franchisors face long odds in effort to appeal class action status
NAR and co-defendants Realogy, Keller Williams, RE/MAX and HomeServices of America are asking a higher court to let them appeal a decision to make a commission suit a class action
by Andrea V. Brambila May 18
RE/MAX revenue jumps in Q1 thanks to rising home prices
The company turned a profit during the first quarter of the year, though its agent count only ticked upward modestly, according to earnings released Thursday
by Jim Dalrymple II Apr 28
Corcoran lands top spot in first-ever UrbanDigs NYC brokerage rankings
Corcoran took the top spot in Manhattan and Brooklyn with $2.54B in signed contracts, with Compass following close behind, according to the firm's inaugural NYC quarterly report
by Lillian Dickerson Apr 28
Federal commission suit now a class action; NAR, Realogy vow to appeal
Days after oral arguments, a judge Friday granted class certification in 1 of 2 federal commission suits that could rock the real estate industry and impact how agents are compensated nationwide
by Andrea V. Brambila Apr 25
Gary Keller singled out as 'head of conspiracy' as federal commission lawsuit accelerates
As oral arguments began Monday in the Sitzer federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR's commission policy would look like, and why they believe Keller is leading an antitrust conspiracy
by Andrea V. Brambila Apr 19
RE/MAX enlists SUCCESS Coaching exec to lead West Coast operations
SUCCESS Coaching executive Ben Fairfield has joined RE/MAX as vice president of region development for the West Coast, overseeing franchise growth across 15 states
by Marian McPherson Apr 12
RE/MAX's Ige Johnson walked into a tanning salon. The rest is history
The broker-owner of the Ige Johnson Group at RE/MAX dished on breaking into luxury, the red-hot Houston market and her bustling Beauty Bar business ahead of Inman Connect New York
by Ben Verde Apr 8
As supply dwindled, nation's biggest brokerages gained market share
The biggest real estate brokerages and franchise networks made big gains in market share in 2021 and accounted for 61% of home sales, a new report reveals
by Daniel Houston Apr 7
How to skirt the bidding war: Agents share their strategies
In today’s competitive market, houses in all price ranges are drawing multiple offers, leaving many buyers in the lurch and exhausting agents. Here’s how some pros are getting by
by Ben Verde Apr 1
Say goodbye to the starter home
As millions of Americans go in search of their first home this spring, many may find that the starter homes they once envisioned now have long-term home prices. Now what?
by Ben Verde Mar 15
The Agency welcomes Muskoka, Ontario to franchise network
The addition marks the latest expansion into Canada, with outposts in Ottawa and Montreal, among the most recent franchises. The Agency also operates in Toronto, Vancouver and Calgary
News Quiz: Do you know the biggest stories for the week of Feb. 27?
Keller Williams, RE/MAX founder Dave Liniger and Ryan Serhant all made headlines this week. Test your knowledge of the biggest stories to see if you're up to date on the industry
by Inman Mar 4
Famed coach Brian Buffini urges agents not to fear iBuyers
On the RE/MAX R4 stage this week, former RE/MAX agent and famed real estate coach Brian Buffini shared why agents shouldn't worry about iBuyers and why relationships remain supreme
by Marian McPherson Mar 3
A door swinging open
Broker Jimmy Dulin also alleges a noncompete clause in RE/MAX's franchise agreements effectively locks brokers with multiple RE/MAX offices into the franchise perpetually
RE/MAX founder Dave Liniger set to open 20 Daddy's Chicken Shacks
Liniger purchased 20 franchised locations in Denver and Phoenix of Daddy's Chicken Shack, a popular West Coast fast food chain. Liniger has been part of its board of directors since 2021
by Marian McPherson Mar 1
What to watch as RE/MAX's R4 conference unfolds this week
The company is set to begin a new chapter as CEO Adam Contos departs and big changes sweep across the broader industry
by Jim Dalrymple II Feb 28
RE/MAX tallies strong Q4 on wings of 2021 franchise acquisition
RE/MAX Holdings reported rising revenues and profits despite difficulty in growing its agent count in the United States, according to Q4 and year-end results released Wednesday
by Marian McPherson Feb 23
RE/MAX CEO Adam Contos speaks out on why he decided to leave
RE/MAX Holdings CEO Adam Contos dished on his decision to leave the franchisor and explained how kindness is key to good leadership at an Inman Connect Now session Thursday
by Marian McPherson Feb 17
Getting started as a real estate agent: 102 tips from top Realtors
Inman reached out to more than a hundred of the country's top-performing Realtors and asked them what they would say to a real estate agent just starting out in 2023. These are their answers