RE/MAX co-founder buys more than $3M of company stock

RE/MAX revealed Wednesday that co-founder and former CEO Dave Liniger has just purchased 122,911 shares in the company. Continue reading

Is Purplebricks on the verge of being taken over?

Berlin-based Axel Springer publishes a number of European newspapers and also owns U.S.-based website Business Insider and its offshoots. The company previously invested $177 million in Purplebricks, which was used to fund the brokerage’s expansion bey… Continue reading

Airbnb launches partnership with DNA testing company 23andMe

The partnership comes amid what Airbnb says is a rise in “heritage travel,” or trips people take to connect with their ancestors’ homelands. Continue reading

Realogy CEO buys $1M of company stock following losses

One week after Realogy stock sank to a new low, CEO Ryan Schneider has purchased $1 million worth of the company’s shares in an apparent show of support for the brand. Continue reading

Realogy stock slides to new low following earnings

Realogy’s stock price plummeted more than 17 percent to a new all-time low of $10.57 per share as of 11:30 a.m. EST on Thursday, exceeding the previous all-time low of $14.32 per share after the corporation’s Q4 2018 earnings call in February. Continue reading

Douglas Elliman profits collapse amid slower real estate market

Profits at Douglas Elliman fell by nearly 75 percent in 2018, thanks in part to a slower residential market, according to the latest earnings report. Continue reading

Purplebricks in turmoil: shares plummet, CEOs out

The stock price drop Thursday came as Purplebricks announced that both Lee Wainwright and Eric Eckardt, the U.K. and U.S. CEOs, respectively, were leaving the company. In a statement, Purplebricks said that Wainwright was leaving for “personal reasons…. Continue reading

Pending home sales fall in December

The National Association of Realtors Pending Homes Sales Index declined 9.8 percent year-over-year in December, marking the 12th straight month of annual decreases. Continue reading

6 things to say to clients worried about stock market volatility

With no end in sight to market volatility, managing client jitteriness is likely to be one of Realtors’ primary responsibilities in the coming months. Continue reading