HomeServices Hit by New Buyer Suit Days After Seller Settlement
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
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
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
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
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…
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The May Issue of Real Estate Magazine Is Now Live
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
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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4 Online Resources Buyer Agents Can Use to Impress Clients
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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Nominations Now Open for RISMedia’s 2024 Real Estate Rookie of the Year
Attention new agents and fans of new agents! RISMedia’s popular Real Estate Rookie of the Year contest is now accepting nominations for 2024. The deadline to nominate a deserving candidate is June 5, 2024. Nominate a Rookie! The 2024 Rookie of the Year award, designed to honor real estate agents who are new to the…
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Social Skills: How to Refocus Your Social Media Marketing if TikTok Gets Banned
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. As the TikTok ban looms—with the Protecting Americans from Foreign Adversary Controlled Applications Act now signed into law and in motion—there’s many in the real estate industry that…
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