Tag Archives: Industry News

MoxiWorks laying off employees 1 month after replacing CEO

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Real estate marketing and technology company used by more than 400,000 agents nationwide hired AI startup executive Eric Elfman in June to replace founder York Baur as CEO. Continue reading →

NAR membership dips as Realtors report closing fewer deals in 2023

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NAR’s 2024 Membership profile shows the impacts of a difficult market on real estate professionals — many of whom are contending with issues related to affordability and inventory. Continue reading →

Final Offer buys North American operations of Openn Negotiation

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The acquisition will allow Final Offer, a platform for managing and negotiating offers, to provide a “transparent and straightforward experience when buying and selling a home,” executives said. Continue reading →

3rd round of layoffs at Newrez brings 2024 job cuts to 750

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After cutting nearly 500 jobs after Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida. Continue reading →

Feds want to expand their control over real estate sales to foreigners

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A proposal would expand an existing rule and give the “Committee on Foreign Investment in the United States” power to review real estate sales near 56 military installations in 30 states. Continue reading →

REColorado buyer unveiled as questions and legal fights persist

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The owners of the 16th largest MLS in the country plan to sell to a title company executive. But an agent and local leader has received a cease and desist letter over her criticisms of the deal. Continue reading →

RE/MAX picks up hundreds of agents in Ontario, Canada

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An independent brokerage and a former Century 21 franchise just switched affiliations to RE/MAX. The moves come during a time of intense competition for talent. Continue reading →

REColorado owners oust board amid plans to sell MLS

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Owners of the 16th largest MLS in the country plan to sell to a newly formed private company called MAZL that is run by a person identified only as J. Burks. Continue reading →

Keller Williams picks up 31-agent Texas indie

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TJ Lewis Real Estate is based in Austin, Keller Williams’ home turf, and has done $27.9 million in volume this year so far. Continue reading →

Mother-son duo decamps from CB to Side-powered boutique

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California-based Peg King and Jeremy King, who did $45 million in volume last year, are joining LivXplore Real Estate & Lifestyle. Continue reading →