Author Archives: Patrick Kearns

Compass shuffles support staff, anticipates dozens of layoffs

By Patrick Kearns | January 27, 2020 - 8:46 pm |January 27, 2020 Uncategorized

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A Compass source told Inman the company still has no current plans for an IPO, although it’s not off the table. Continue reading →

JPAR shuffles leadership, Geoff Lewis to lead franchise division

By Patrick Kearns | January 27, 2020 - 3:21 pm |January 27, 2020 Uncategorized

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Geoff Lewis, a longtime leader at RE/MAX, recently returned to the industry with JP & Associates Realtors. Now the company is putting him in charge of the franchise division. Continue reading →

FICO boasts new credit scoring model will reduce mortgage defaults

By Patrick Kearns | January 24, 2020 - 5:43 pm |January 24, 2020 Uncategorized

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The company boasts that the new model will have greater predictive powers while reducing risk for lenders. Continue reading →

Fathom Realty’s IPO filing reveals increased revenue, widening losses

By Patrick Kearns | January 24, 2020 - 3:58 pm |January 24, 2020 Uncategorized

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The flat-fee, virtual brokerage posted a net loss of more than $2.6 million in the first nine months of 2019. Continue reading →

Engel & Völkers USA takes to the open seas

By Patrick Kearns | January 24, 2020 - 3:47 pm |January 24, 2020 Uncategorized

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The global luxury real estate brand is launching its first yachting division in the United States. Continue reading →

Agent sentenced to prison for role in foreclosure kickback scheme

By Patrick Kearns | January 23, 2020 - 3:32 pm |January 23, 2020 Uncategorized

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Jeffrey Detloff is accused of steering maintenance and repair contracts to companies that provided his own firm a kickback. Continue reading →

New York-based Bond acquires 54-agent NYC rival

By Patrick Kearns | January 22, 2020 - 10:01 pm |January 22, 2020 Uncategorized

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A partner at Caliber Associates hinted that his brokerage was being pursued by other rivals. Continue reading →

Keller Williams adds franchises in Honduras and Turks and Caicos

By Patrick Kearns | January 22, 2020 - 6:59 pm |January 22, 2020 Uncategorized

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Keller Williams now boasts 64 market centers and 3,217 agents across Latin America and the Caribbean. Continue reading →

Home sales climb in December for a strong finish to 2019

By Patrick Kearns | January 22, 2020 - 5:12 pm |January 22, 2020 Uncategorized

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Existing-home sales jumped 10.8 percent year-over-year in December, according to the National Association of Realtors. Continue reading →

Home sales climb in December for a strong finish to 2019

By Patrick Kearns | January 22, 2020 - 5:12 pm |January 22, 2020 Uncategorized

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Existing-home sales jumped 10.8 percent year-over-year in December, according to the National Association of Realtors. Continue reading →