Redfin President of Real Estate Services Adam Wiener is moving on

In a memo to employees, Redfin CEO Glenn Kelman said the 15-year veteran of the company will serve as an advisor after his final day on Sept. 8. Redfin has no plan to fill the vacated position. Continue reading

Man charged with threatening his agent over failed home transaction

Richard E. Kellogg’s text messages to a RE/MAX agent led to the evacuation of the agent’s office. The Indiana suspect now faces intimidation charges in addition to fraud charges leveled in July. Continue reading

Agents: Kenny Parcell’s resignation is the ‘beginning’ of fixing NAR

Agents and industry leaders said National Association of Realtors President Kenny Parcell’s resignation is the first step in making the organization safer for female employees and members. Continue reading

Share of homebuyers looking to move cities hits new high

Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests. Continue reading

RE/MAX Holdings to lay off 7% of staff by end of September

The layoffs are part of a reorganization plan that will streamline operations and bring cost savings in the long term, the real estate franchisor said in Securities and Exchange Commission filings. Continue reading

Xome partners with Plunk to deliver investment property data

Plunk’s repair and renovation analysis tools will serve investors who frequent Xome, which also markets nontraditional listings, such as auctions, foreclosures and other investor-minded assets. Continue reading

Miami luxury agent sentenced to 3.5 years in prison for PPP fraud

Daniela Rendon was sentenced on Thursday after having misused hundreds of thousands of dollars in pandemic relief funds for her own personal luxury purchases, claiming that at the time “everybody” was doing it, according to reports. Continue reading

Controversial Florida foreign buyer ban survives 1st major court battle

U.S. District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution and fair housing. Continue reading

Redfin CEO says housing sales volume has hit ‘rock bottom’

Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get. Continue reading

CubiCasa digital floor plans now available to 50,000 RE/MAX agents

The partnership will allow RE/MAX real estate agents full access to digital floor plans created by CubiCasa now that the company is an “Approved Supplier” on the brokerage’s online Marketplace. Continue reading