RIS Media Real Estate News

Douglas Elliman has announced that Howard M. Lorber is retiring from his position as president, CEO and chairman of the board. The 76 year old has served as chairman since 2003, and is also president and CEO of Vector Group Ltd.—Douglas Elliman’s former parent company. The company said in a release that it “extends its…

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Above, Kathy Connelly As the chief operating officer of Berkshire Hathaway HomeServices Georgia Properties, Kathy Connelly understands the importance of providing exceptional service to clients as they embark on the road to homeownership. Ensuring clients are protected and supported at every stage of the real estate journey is more important than ever before—a service that…

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Attending the International MLS Forum in Milan Oct. 7, 2024, were (from left): Dr. Mathew Kallumadil, UCO Vice President of Global Markets and Stellar MLS Vice President of Technology and Innovation; Merri Jo Cowen, CEO of UCO and Stellar MLS: and Marion Weiler, UCO Vice President of Global Markets and Stellar MLS Vice President of…

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Before the final approval of the National Association of REALTORS® (NAR) (theoretically) comprehensive settlement, with a petition pending before the Supreme Court in a potentially further-reaching spat with the Department of Justice (DOJ), is there the potential for the other shoe to drop? Could this be the calm before yet another storm—direct federal intervention in…

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Above, Jackie Thiel Premier Sotheby’s International Realty has announced the company has appointed industry veteran Jackie Thiel as its new president, marking a significant leadership strengthening for the luxury real estate brokerage. Thiel, with more than 30 years of experience in real estate leadership, most recently served as president of Long & Foster Real Estate,…

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The National Association of REALTORS®’ Center for REALTOR® Development (CRD) regularly recognizes deserving members for their significant contributions to clients and communities. Through a series of prestigious awards, CRD honors those who consistently exceed expectations and raise the bar in their work. Meet this year’s ABR® Hall of Fame inductee (an honor recognizing outstanding service,…

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United® Real Estate has announced its national conference will be taking the virtual stage Thursday with an all-day agenda designed to motivate, educate and prepare industry professionals for the evolving real estate landscape.  “Elevate Together” is a one-day virtual event featuring some of the industry’s notable speakers, visionaries, top producers, and world-class education from a…

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The debate around NAR’s Clear Cooperation policy continues among brokers, MLSs, and other real estate industry players. Opinions are sharply divided on this policy, which dictates how and when property listings are created and shared. This polarizing debate threatens the MLS operating model that has successfully served agents and consumers for decades with the most…

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New York state’s OneKey® MLS has announced that reported data for September 2024 reflects continued strength in the housing market with higher-value transactions. According to an October 21 release, in September, the regional single-family closed median sale price was $715,000, marking an 8.3% year-over-year increase from $660,000 in September 2023. Condominiums saw a significant uptick,…

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In a lawsuit filed October 16 in the U.S. District Court in Eastern Pennsylvania, broker Maurice Muhammad, representing himself, is suing the National Association of REALTORS® (NAR), the Pennsylvania Association of REALTORS® and the Greater Lehigh Valley MLS (GLVMLS) for $5.6 million over the requirement that he become a REALTOR® in order to be able…

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From left, Shelly Vincent, Laura O’Connor, Dan Troup, Shaleen Khatod and moderator Dave Garland. Photo by AJ Canaria.  It isn’t as shiny and new as it was a couple years ago, when ChatGPT took the world by storm, but AI, or large language models, are still highly influential and fast-evolving pieces of technology that real…

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How will the threat of wildfires affect real estate businesses in the western portion of the United States? The answer to the question differs from market to market, even within certain states. California, for example, sees different measures being taken by region. A recent CoreLogic report detailed that as of July 15, 2024, more than…

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Unless you and your team don’t have an office carpool, odds are that you’re all spending a lot of time driving yourselves from the office, to open houses, etc. What are the best ways to ensure the time you spend in the car doesn’t feel like gaps in the workday, but full parts of it?…

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Dee Evans worked for a Texas mortgage company to help put her husband through dental school. By the time he was in practice, she had decided to take the leap into sales. She was licensed as a REALTOR® in 2003. By 2005, she was a top producer for Ebby Halliday in Rockwall, Texas, and four…

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Despite some better economic signs—such as the latest Consumer Price Index seeing the smallest annual increase since February 2021—non-profit research firm The Conference Board’s forward-looking measure of the economy, Leading Economic Index (LEI), has continued to decline for the seventh straight month. The LEI fell 0.5% in September to 99.7, following a 0.3% decline in…

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The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Fairway Independent Mortgage fined $10 million for alleged redlining  Wisconsin-based Fairway Independent Mortgage Corporation has been under investigation since 2021 due to accusations of redlining (or not lending to residents in communities of color) throughout…

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Better Homes and Gardens® Real Estate has announced the launch of a new brand campaign and tagline, emphasizing their 99% client satisfaction rating and deep understanding of homes. This campaign further connects the trusted reputation and quality synonymous with the iconic Better Homes & Gardens media brand, which engages more than 42 million print and…

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The legal drama in the real estate arena continues to unfold. This time, it’s HomeServices of America asking for a federal court to dismiss an antitrust lawsuit filed by Homie Technologies, according to a new motion for dismissal filed Friday with the U.S. District Court for the Central District of Utah. HomeServices of America requested…

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When a campaign finance report showed nearly $56,000 was spent to support four City Council candidates in Portland, Maine, nothing seemed out of the ordinary until a local newspaper noted who filed the report: the National Association of REALTORS® (NAR). The expenditure raised some eyebrows in Portland as to why a national political action committee…

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Anywhere Real Estate has announced the debut of its Values Day event this week. In correlation with World Values Day, Anywhere invited employees to celebrate its recently launched values both in person and virtually. In July, Anywhere unveiled an updated purpose story that includes new enterprise values and an expanded purpose statement. Called “The Anywhere…

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