Anywhere grows revenue to $1.2B during first quarter of 2025

The franchisor’s performance was driven by its luxury brands during the first quarter. President and CEO Ryan Schneider also reaffirmed during an investors’ call the company’s stance on recent moves by NAR, Zillow and Redfin in regards to Clear Coopera… Continue reading

Patrick Carroll evades prosecution with mental health counseling

The multifamily investor has agreed to undergo mental health counseling and, in doing so, will not be prosecuted on felony charges by the LA County District Attorney’s Office, according to a pretrial hearing last week. Continue reading

Chris Choi has been named Chief Financial Officer at MoxiWorks

Software company MoxiWorks has bolstered its C-suite with the hiring of Chris Choi as Chief Financial Officer. Choi was working on an interim basis prior to being formally named to the position. Continue reading

Aivre hires Restb.ai, cuts appraisal time by half

Appraisal software company Aivre has hired computer vision company Restb.ai to help expedite its customer solution. A company case study found the software resulted in 50 percent time savings per appraisal. Continue reading

FirstTeam kicks off nationwide expansion in Idaho and Washington

FirstTeam Real Estate, an independent brokerage with roots in Southern California, is taking its success nationwide. The firm recently announced the launch of its nationwide expansion, starting with new offices in Idaho and Washington. More markets are… Continue reading

Real Brokerage fires Michelle Ressler, appoints Ravi Jani CFO

Since joining Real, Ravi Jani has had a big hand in driving the company’s financial strategy and growth. During his tenure, the company’s agent network has grown from 12,000 to over 27,000 agents. Continue reading

Home-sale prices dipped in 11 metros as buyers show caution

As of April 20, home-sale prices fell across 11 U.S. metro areas, marking the first time this many markets have seen year-over-year declines since September 2023, data released Thursday by Redfin found. Continue reading

Existing-home sales fall to slowest pace since 2009 amid rising costs

Existing-home sales decreased by 5.9 percent from February and by 2.4 percent from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun. Continue reading

Infinityy and beyond: Miami Realtors inks AI marketing deal

Miami Association of Realtors has hired Infinityy, a software company that builds out graphically enriched and interactive browser-based AI “Rooms” for presenting properties in either the residential, multifamily or commercial real estate environments. Continue reading

Rechat bolsters digital media mix with ad builder

Marketing software company Rechat has rolled out a significant update to its list of product features, a solution to the complicated process of running online display ads. Continue reading