Andy Florance calls Realtor.com lawsuit ‘PR stunt,’ talks future

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Florance says Realtor.com lawsuit against CoStar is a response to Homes.com surpassing it in web traffic and takes aim at Zillow. Continue reading →

5 easy ways to stay in your lane during a transaction

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Stop trying to be all things to your clients, broker Joseph Santini writes. Focus on the things that fall within your purview and direct traffic as needed on your transactions. Continue reading →

Here’s why specialization matters for buyer’s agents

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Developing areas of specialization enhances service, efficiency, and effectiveness and results in greater professional success for both teams and individual agents, coach Verl Workman writes. Continue reading →

3rd round of layoffs at Newrez brings 2024 job cuts to 750

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After cutting nearly 500 jobs after Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida. Continue reading →

No HomeServices deal yet, months after settlement announcement

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The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April. Continue reading →

Multifamily building permits have dropped 30% since 2021: Redfin

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Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday. Between 2021 and 2023, builders filed an average of 18 permits to build multifamily housin… Continue reading →

Suburban Chicago homeowner hit with $30K property tax bill in error

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Homeowner Darryl Lloyd was stunned to receive an errant property assessment of more than $1 million from assessors, causing his bill this year to skyrocket from $1,800 to a whopping $30,000. Continue reading →

Feds want to expand their control over real estate sales to foreigners

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A proposal would expand an existing rule and give the “Committee on Foreign Investment in the United States” power to review real estate sales near 56 military installations in 30 states. Continue reading →

Alexander brothers rape allegations draw scrutiny from FBI

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Women who claim to be victims of the Alexander brothers, or witnesses to alleged assaults, have been approached by agents from an FBI task force, “The Wall Street Journal” reported Tuesday. Continue reading →