On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) voted to ban noncompete clauses—language in employment contracts that prevents departed employees from working for competitors after a set period of time. The ruling not only bans new non-compete clauses from being signed, but would void existing ones—however, there is an exception to noncompete clauses… The post FTC Votes to Ban...
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Editor’s Note: The Top 1,000 brokerage firms for the 2024 Power Broker Report ranked by sales volume and transactions are available to Premier members here. The Power Broker interviews interviews feature heads and leaders within some of the top brokerages of the list sharing their insights for success in real estate. Check back soon for… The post Power Brokers, One-on-One: Part 1 appeared first on...
Pushing forward with his own unique take on portal monetization, CoStar CEO Andy Florance said on a recent earnings call he believes incumbents like Zillow, realtor.com® and Redfin are facing major headwinds from changes agreed to by the National Association of REALTORS® (NAR) as part of a recent lawsuit settlement. “With recent seismic legal settlements… The post Legacy Portals Will Be...
The parent company of @properties and Christie’s International Real Estate today became the latest brokerage to settle seller commission lawsuits, according to court filings, and also the first independent to do so. At the same time, Realty ONE Group indicated it had reached an agreement to end litigation by sellers. The @properties and Christie’s International… The post @properties and Realty ONE...
Percy.ai—a leader in data intelligence and fintech marketing for the real estate and mortgage sectors—has announced the appointment of Lisa Larson as its new Chief Strategy Officer. With over two decades of expertise in real estate property technology across North America, Larson will spearhead the development of AI and Machine Learning strategies and manage the… The post Percy.AI Appoints Lisa...
Better Homes and Gardens Real Estate LLC announced today the 10-year renewal of Better Homes and Gardens Real Estate Metro Brokers in Atlanta, Georgia. Established in 1979, Better Homes and Gardens Real Estate stated that Metro Brokers has expanded to 27 locations and more than 2,400 real estate agents. In 2023, under the leadership of president… The post Better Homes and Gardens Real Estate Announces...
RE/MAX has published its latest housing report, offering key market insights on both a national level and among key metro areas. Key details: Home sales increased 21.6% month over month, from February to March 2024. However, this is a noticeably smaller increase in sales than in March 2023 (37.7%) and March 2022 (33.2%). The… The post RE/MAX Predicts Healthy Homebuying Summer as Inventory Grows...
In the ever-evolving landscape of real estate, success is not merely a matter of chance but a product of deliberate habits and strategies. Having assisted hundreds of real estate businesses with bookkeeping and taxes services this quarter alone, Brandon Green and his team at Alchemy of Money, a leading financial services firm catering exclusively to… The post Unlocking Success: 5 Key Habits of Profitable...
A federal judge today promptly issued preliminary approval to the landmark settlement agreement struck last month between the National Association of REALTORS® (NAR) and a class of recent homesellers, a major, if expected step toward finalizing a deal that will see NAR pay $418 million and make major changes to policies and practice. Judge Stephen… The post NAR Settlement Receives Preliminary Approval,...
In the latest RISMedia webinar—“How to Diversify Strategies That Break Barriers and Expand Business in a Post-Burnett World”—high-level industry leaders discuss how the real estate industry can and must change after the class-action commission lawsuits. The webinar was moderated by Charlie Oppler, CEO of Prominent Properties Sotheby’s International Realty and former National Association of...