Tag Archives: Industry News

Groups seize on Biden’s skepticism in lawsuit against new eviction ban

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Real estate groups leveraged President Joe Biden’s comments earlier this week about the new moratorium’s chances of surviving in court. Continue reading →

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

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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 →

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

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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

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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 →

Ken Dunn, co-founder of Rainier Companies, dies in plane crash

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The co-founder of a Dallas-based real estate investment firm with a $1.6 billion portfolio died last week in a plane crash, his company said. Continue reading →

Dottie Herman steps down as Douglas Elliman CEO

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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 →

Lone Wolf extends shopping spree with Terradatum acquisition

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In most recent acquisition, Lone Wolf Technologies picked up Terradatum to integrate its predictive analytics software with Lone Wolf Broker Cloud, an enterprise-level solution available throughout North America. Continue reading →

@properties scores its biggest franchise yet

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Plat Collective in Indianapolis will be the Chicago-based brokerage’s fourth franchise. The firm has 114 agents and is on track to do $650 million in sales volume this year. Continue reading →

Prefab homebuilder Plant Prefab rakes in $30M in financing

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The company also announced it has opened a second factory in Ontario, California, and is working on a third factory, which will be its first automated facility, capable of building homes 20 to 50 percent faster than traditional methods. Continue reading →

In another strong quarter, Keller Williams sees transactions jump 35% over last year

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The company’s global agent count increased 9.6 percent year over year as rumors continue to swirl about whether the company will go public this year. Here’s everything you need to know. Continue reading →