Author Archives: Patrick Kearns

READ: Ex-Keller Williams CEO John Davis’s open letter

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Former Keller Williams CEO John Davis insisted in an open letter to Inman that he resigned from the real estate franchise last week and was not fired. Continue reading →

Zillow will buy and sell homes in five more cities

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Zillow Offers, the direct-to-consumer homebuying and selling platform from the Seattle-based real estate tech titan, is coming to Miami, Minneapolis, Nashville, Orlando and Portland this year. Zillow said it will operate in all those markets by the fal… Continue reading →

Another big management shuffle: Now its HomeServices

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The former founder of Intero Real Estate Services is moving to a new role at the top of HomeServices of America. Gino Blefari, currently the CEO of HSF Affiliates – the subsidiary that operates the Berkshire Hathaway HomeServices and Real Living franch… Continue reading →

Builder confidence rises due to falling mortgage rates

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Builder confidence for newly-built single family homes is rising due to falling mortgages, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The HMI rose two points in January to 58 on an index… Continue reading →

Government raises fines for RESPA violations

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The Consumer Financial Protection Bureau (CFPB) is raising the price of its fines to adjust for inflation, including penalties for violations of the Real Estate Settlement Procedures Act (RESPA). The new fine amounts became law when they were entered i… Continue reading →

Reminder: The deadline to file your 1099-MISC forms is Jan. 31

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The deadline for employers to report payments to contract workers on form 1099-MISC along with W-2 and W-3 forms is January 31. Continue reading →

NYC mayor sues Manhattan brokerage over allegedly illegal short-term rentals

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The New York City Mayor’s Office of Special Enforcement filed a lawsuit Monday against a Manhattan-based brokerage and property management firm, accusing it of converting units at least five properties it manages or owns into illegal short-term rentals… Continue reading →

Here are Swanepoel’s most powerful and influential people in real estate

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Ron Peltier, the CEO of HomeServices of America is the most powerful and influential person in real estate according to sixth annual Swanepoel 200 (SP200), published by T3 Sixty. Peltier beat out other top executives from Keller Williams, RE/MAX, Zillo… Continue reading →