Adwerx lays off 40 employees as company slows new initiatives

Digital marketing company Adwerx is the latest company to announce layoffs, with 40 employees losing jobs on Thursday. Adwerx said the layoffs are the result of scaling back on new initiatives. Continue reading

Bombshell commission lawsuit series and more: Inman’s Top 5 stories of the week (July 1-7, 2022)

Looking for a quick catch-up on the buzziest stories of the past seven days? Here’s Inman Top 5, the most essential stories of the week, according to Inman readers. Continue reading

More than 700 agent steering calls suggest price-fixing, lawyers charge

In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX. Continue reading

June jobs report reveals impact of layoffs on real estate industry

Fears of impending recession and a slew of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the U.S. Bureau of Labor Statistics. Continue reading

‘It’s so hopeful!’ Drew Barrymore is every homeowner in viral TikTok

The “ET” actress may have solidified her spot in the public’s hearts with her unfiltered reaction after uncovering a hidden window during a home renovation project. Continue reading

The 20 biggest residential real estate transactions of 2022 (so far)

Luxury properties in Manhattan, L.A. and Palm Beach netted the three priciest deals in the first half of 2022, with each sale exceeding $125 million, according to a new analysis by Inman. Continue reading

Is your 2022 business plan holding up? Time for a reboot

Building a business plan that doesn’t flex is not realistic in today’s market. Expert B.J. Sonderman has some motivational advice about changing your plan so that you can keep moving forward. Continue reading

Former Spears Group CEO joins Corcoran Reverie

Brian Fairweather joined the Spears Group at Compass in 2020 and was promoted to CEO in early 2022. At Corcoran Reverie he will oversee aspects of the firm’s growth strategy. Continue reading

4 commission charts that explain both sides of the Moehrl conflict

The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine. Continue reading

Here are the 6 emerging luxe buyers of 2022: Engel & Völkers

Running the gamut from a group dubbed “Crypto Visionaries” to one called “The New American Rancher,” they come in all ages from all backgrounds with preferences for how they want to live. Continue reading