The best US cities for rental arbitrage in 2021

Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term. A new report found that less densely packed coastal destination markets are prime locations for arbitrage in 2021. Continue reading

RE/MAX sees revenue and agent count inching upward in Q2

New earnings report reveals RE/MAX revenue grew 48 percent year over year by the end of June, while its total number of agents hit 140,201. Continue reading

Americans get comfy with digital transactions: report

A new report from Notarize shows that 81 percent of people in the U.S. feel safe making financial transactions online Continue reading

‘It’s creating a nightmare’: Agents, landlords bristle at new eviction ban

Industry professionals argued that the latest eviction moratorium hurts small time landlords and leads to renters piling up debt. Continue reading

EXp rakes in $1B in revenue, sees soaring agent count

The virtual brokerage now boasts 58,263 agents and brokers, a jump of 87 percent year over year, according to a Q2 earnings report released Wednesday. Continue reading

Dottie Herman steps down as Douglas Elliman CEO

Scott Durkin, who has served at the brokerage since 2015, will take the helm, according to representatives who say Herman has been cultivating him for the CEO role for years. Continue reading

New eviction moratorium likely coming for most renters

The moratorium comes shortly after the previous eviction ban expired, and could ultimately cover 90 percent of U.S. renters. Continue reading

Canadian luxury market beginning to normalize: Engel & Völkers

Trends like multigenerational living, buying second homes and moving to more rural areas may remain popular in the Canadian luxury real estate market for the long haul, according to Engel & Völkers 2021 Mid-Year Canadian Luxury Real Estate Market … Continue reading

More vacation home consumers willing to buy sight unseen

A new report from Vacasa suggests that agents working with vacation home investors should also pay attention to newer and younger buyers. Continue reading