Above, from left, Chris Raveis, William Raveis, RISMedia Founder and CEO John Featherston and Ryan Raveis at the 50th Anniversary celebration. More than a thousand William Raveis’ sales associates, managers and employees, as well as three generations of the Raveis family and guests from Maine to Florida celebrated the firm’s 50th awards celebration in high… The post Tributes Pour In as William...
5 April 2024
Last month, the National Association of REALTORS® announced a settlement that would resolve nationwide litigation over claims from home sellers related to broker commissions. The $418 million settlement, and the practice changes it will usher in, have led some to speculate that real estate agents are at risk of becoming obsolete. As someone who has… The post NAR Op-Ed: ‘Cooperative Compensation Will...
Many key business principles are paramount to success. Forward thinking and the transformative influence of prioritizing others are some of the most important. This is not merely a sharing of insights, but an invitation to cultivate a mindset shift that can catalyze substantial advancements in your business trajectory. Forward thinking transcends foreshadowing; it’s an intricate… The post Navigating...
The March jobs report, released Friday from the U.S. Bureau of Labor Statistics, defied odds predicted by analysts—indicating a slightly positive upward trend in employment from February, which will likely keep interest rates high in the coming months. The data showed an addition of 303,000 jobs in March compared to 270,000 in February, an increase… The post New Jobs Report Shows Stronger Than...
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. United Wholesale Mortgage (UWM) is being sued by consumers in a proposed consumer class action filed on Tuesday, April 2, as reported by Reuters. The suit alleges that UWM “schemed” with brokers to “push homebuyers into… The post Mortgage Mix:...
In a split decision, a panel of judges for the D.C. Circuit Court of Appeals today overruled a district judge who had previously prevented the Department of Justice (DOJ) from reopening its investigation into the National Association of REALTORS® (NAR), potentially allowing regulators to pursue further changes to policy and rules in the industry. In… The post BREAKING: Appeals Court Rules DOJ Can Reopen...
In 2023, $363.3 billion in property taxes were levied on single-family homes, which is an increase of 6.9% from $339.8 billion in 2022—nearly double the 3.6% growth rate—according to ATTOM’s 2023 Property Tax Analysis Report. Data provided in the report also indicates that the average tax on single-family homes rose to $4,062 last year, up… The post Property Taxes on Single-Family Homes Up 7% in...
Above, Leo Pareja Facing a new set of challenges and confronting a vastly different real estate landscape, eXp Realty is turning to one of its own for leadership, as Chief Strategy Officer Leo Pareja takes the reins as CEO, aiming to push the fast-evolving virtual-focused brokerage into a new era. The CEO role had previously… The post eXp Realty Announces New CEO as Sanford Steps Back Again appeared...