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

Anywhere’s chief product officer: ‘Hallucinations’ are holding back AI

Should agents, brokers and clients put their faith in artificial intelligence right now? Until accuracy is improved, the answer is a resounding “no,” Anywhere Chief Product Officer Tony Kueh told Intel. Continue reading

The Fed, the market and memories of the global financial crisis

While naysayers and doomsdayers compare today’s real estate market to 2008, the numbers tell a very different economic story, writes marketing expert Chris Drayer. Continue reading

Keller Williams cuts profit sharing for agents who fled to competitors

The franchisor will drastically slash profit share for “vested KW agents who actively compete with our brokerages” unless they return within six months, Keller Williams President Marc King said Tuesday. Continue reading

Court rules Zillow falsely labeled REX listings as case heads to trial

Despite the ruling, Zillow said it looks forward to presenting its case to a jury and is “confident that the evidence will show that REX’s business failed for reasons unrelated to Zillow.” Continue reading

Coldwell Banker’s ‘Dream’ ad campaign revs up the competition

The refreshed campaign features a “Move Meter Match-Up” extension that will encourage NFL game viewers on streaming services to compare cities of the different teams from a real estate angle. Continue reading

Redfin’s return to office shows unique stress for US office market

Experts expect U.S. companies to adjust remote work policies in the coming 6-12 months as the office market suffers. “Our cultures are different around work-life balance,” said CBRE’s Julie Whelan. Continue reading

Rapattoni hack illustrates the need for this 13-step contingency plan

Real estate-related companies are frequent targets for cybercrime because of their decentralized structure and high-dollar-value services, writes broker Leslie Guiley. Here’s how to protect yourself and your business. Continue reading

The Agency rides into Kentucky with Louisville franchise

As the luxury brokerage continues to expand its Midwestern presence, it has strategically moved into Kentucky with Managing Partner Jason Farabee leading the new office, according to the company. Continue reading

MLS hacked? Here’s your 15 minute, stay-in-the-know plan

Trainer and marketing expert Rachael Hite shares a few tips and tricks that you can add to your weekly routine to help you create a solid plan B for reference if the MLS happens to crash. Continue reading