Caballero tops the Real Trends Thousand — again

Ben Caballero, the super agent and CEO of HomesUSA.com, has smashed his own sales record, recording 5,793 homes sold in 2018, an increase of 1,000 from the year before. Continue reading

EXp Realty sued for trademark infringement … by EXP Realty

Weeks after announcing an expansion into New York City, eXp Realty has been hit with a lawsuit by a very similarly named brokerage. Continue reading

EXp Realty is expanding to New York City

James Hynes will serve as the managing broker of eXp Realty’s Brooklyn operations. Hynes has been with eXp Realty for more than two years in Rochester, New York. Continue reading

Why didn’t all the rain put a halt to homes sales this spring?

The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened. Continue reading

Realogy CEO buys $1M of company stock following losses

One week after Realogy stock sank to a new low, CEO Ryan Schneider has purchased $1 million worth of the company’s shares in an apparent show of support for the brand. Continue reading

New Yorkers are rushing to buy before July 1 ‘mansion tax’ kicks in

New York’s “mansion tax,” which charges buyers extra for properties over $1 million, goes into effect July 1, and wealthy buyers are rushing to ink deals before the deadline. Continue reading

Realogy has hit pause on big acquisitions. That could change

Since scooping up Climb Real Estate in 2016, the company has moved away from brokerage acquisitions. But Realogy CEO Ryan Schneider revealed how that all might change. Continue reading

Douglas Elliman profits collapse amid slower real estate market

Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report. Continue reading

Realogy reports a Q4 net loss as company misses guidance

Realogy Holdings Corporation reported $1.4 billion in revenue in the fourth quarter of 2018, a year-over-year decrease of $90 million. Continue reading

Compass loves New York MLS

Compass, the heavily funded real estate brokerage, has signed-on to send its listings directly to New York MLS, the city’s only multiple listing service. Continue reading