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HomeServices Hit by New Buyer Suit Days After Seller Settlement

USA Real Estate News-RISMedia - Wed, 2024-05-01 15:54

HomeServices of America, after paying $250 million to settle seller suits and being dropped from the largest buyer suit, for a few short days was maybe the only large real estate company not directly facing commission litigation. That changed Monday, when lawyers behind the largest buyer suit (known as Batton) re-filed their accusations in a…

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Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight

USA Real Estate News-RISMedia - Wed, 2024-05-01 15:18

The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation and employment cost data. In its familiar refrain, the central bank left the federal funds target range untouched at 5.25% to 5.5% after its monthly meetings on Tuesday and Wednesday. Most investors and analysts expected…

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Corcoran Affiliates Recruit NFL Players as Agents

USA Real Estate News-RISMedia - Wed, 2024-05-01 14:39

The Corcoran Group has announced three new agents will be joining the brokerage–recruited not from within the real estate industry, but from the National Football League (NFL). Andy Levitre and Marc Mariani will be joining Corcoran Reverie in Nashville, Tennessee. Gregory Senat will be joining Corcoran Infinity Properties’ The Klipper Group in New Jersey. Levitre…

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Parks | Pilkerton Adopts Cloze for AI-Powered Real Estate Platform

USA Real Estate News-RISMedia - Wed, 2024-05-01 13:08

Cloze—a software company that delivers AI-powered real estate solutions—announced today that Parks | Pilkerton—Tennessee’s largest residential real estate company—has selected their platform for lead management, multi-channel marketing automation, and customer relationship management (CRM). Cloze’s robust AI capabilities will help Parks | Pilkerton agents and leadership increase productivity and lead conversion. “As an organization, we’re committed…

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EXCLUSIVE REPORT: How to Succeed in the Post-Burnett Market

USA Real Estate News-RISMedia - Wed, 2024-05-01 12:40

Editor’s note: Join Premier today to access this exclusive report! Can there be a more time-worn adage than “The more things change, the more they stay the same?” As we navigate the complexities of a post-Burnett world, you’ll be putting those words to the test. How will things change for you? What strategies will you…

The post EXCLUSIVE REPORT: How to Succeed in the Post-Burnett Market appeared first on RISMedia.

The May Issue of Real Estate Magazine Is Now Live

USA Real Estate News-RISMedia - Wed, 2024-05-01 12:26

The May issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at RE/MAX and how they continue to attract new agents and affiliates, and expand their network for peak success in the industry. We also take a look at Reliance’s AI solutions, FBS…

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Several Recent Settlements Receive Preliminary Approval

USA Real Estate News-RISMedia - Wed, 2024-05-01 12:24

The courts are definitely in motion as a batch of preliminary settlement approvals were signed off on by Judge Stephen R. Bough on Apr. 30. Bough—who oversaw the Burnett case—granted preliminary approvals for the recent commission lawsuit settlements by Compass, The Real Brokerage, @properties and Realty ONE Group and Douglas Elliman. The official filing stated…

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More agents plan to switch brokerages in the coming year

USA Real Estate News-Inman - Wed, 2024-05-01 11:45
Stronger lead generation systems and commission structures are driving more agents to consider switching their brokerage affiliations in the coming year, according to Coldwell Banker Real Estate's annual Agent Priorities Report published on Wednesday. In the survey of 1,500 agents, 39 percent said they plan to switch brokerages. That's a 56 percent increase from 2023 when 25 percent of agents said the same thing.

Largest minority and women-owned brokerage in US joins Real

USA Real Estate News-Inman - Wed, 2024-05-01 11:20
The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665 million in sales in 2023.

4 Online Resources Buyer Agents Can Use to Impress Clients

USA Real Estate News-RISMedia - Wed, 2024-05-01 11:18

In a post-National Association of REALTORS® (NAR) settlement world, buyer agents know they will need more than a quick stat or a flashy presentation to win clients. More and more, people are being told that they can find all the guidance they need in a home search on the portals. Whether or not this is…

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