RE/MAX revenue declined 3.4%, US agents continue to depart in Q3

A new quarter saw continuing trends for RE/MAX in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year. Continue reading

KW relaunches BOLD coaching program amid changing times

Onward BOLD gives Keller Williams agents access to lead generation resources, among many other things. The program is relaunching amid a period of upheaval for the real estate industry. Continue reading

Share of renters paying under $1,000 hits record low, Redfin says

Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday. Continue reading

Commissions held steady after Aug. 17, Redfin study shows

Commissions have been slowly declining over the last decade, but since the NAR settlement terms went into effect this summer, buyer’s agent commissions have seen little impact. Continue reading

Pacific Sotheby’s International Realty now powered by Rechat

Rechat markets itself as an “experience management platform” for its library of tools that assist agents from lead initiation through deal completion — the entire transaction experience. Continue reading

Real estate and tech vets launch women-led coaching platform

Former Compass Regional President Danielle Wilkie and long-time coach Heather Frick have launched The Helm coaching platform to elevate women in real estate. Continue reading

Kris Lindahl Real Estate featured in ‘Call of Duty’ ad campaign

Twin Cities broker-owner Kris Lindahl has been making headlines with a one-of-a-kind collaboration for Call of Duty’s latest game. Here’s how solid branding — and intellectual property protections — made the deal happen. Continue reading

Matthew Perry’s LA home sells for $8.55M in off-market deal

The property has been acquired by Arizona real estate developer Anita Verma-Lallian, who completed the purchase through a trust. The transaction was facilitated by Brooke Elliott Laurinkus from Christie’s International Real Estate Southern California.
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US home prices rise modestly amid affordability strains

CoreLogic Chief Economist Dr. Selma Hepp told Inman, “despite much-needed optimism, brought by a sharp decline in mortgage rates in August, the boost was short lived and not enough to renew homebuyers’ interest.” Continue reading

Compass releases ‘reverse prospecting’ marketing tool

The marketing tool provides insights and data on likely buyers who have engaged with properties listed by Compass agents. It may also help Compass’ ongoing push against Clear Cooperation. Continue reading