ERA Real Estate Expands Reach in Minnesota With Affiliation of ERA Prospera Real Estate
ERA Real Estate has announced its latest affiliation with ERA Prospera Real Estate, a brokerage located in the Minneapolis area that serves clients across the Twin Cities and surrounding suburbs, the northern lakes region and western Wisconsin. Founded just last year, the brokerage has already developed an extensive portfolio of past and present clients, referral…
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NAR Advisory Board Opts Not to Take ‘Formal Action’ Concerning Clear Cooperation
The National Association of REALTORS® (NAR) is continuing to put off potential action on the Clear Cooperation Policy (CCP), with the MLS Technology and Emerging Issues Advisory Board choosing not to “make a recommendation or take any other formal action” concerning the policy after two meetings. The Board met last week on October 24 to…
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Douglas Elliman Terminates CEO Scott Durkin Amid Investigations
Scott Durkin, president and CEO of Douglas Elliman Real Estate and longtime New York real estate luminary, has been terminated from his position, according to an SEC filing and multiple media reports. The news comes after the New York-based mega brokerage’s CEO and chairman Howard Lorber stepped down from the board last week, and reports…
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Consumer Sentiment Rises Slightly for the Third Consecutive Month
How are consumers feeling overall, and how does that translate to a real estate sale? The question is multifaceted, but asking it could be key to learning where buyers stand as the election fast approaches. The consumer sentiment index indicated yet another rise, for the third consecutive month, per the University of Michigan’s survey of…
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CRS Data Announces Launch of ListingIntegrity
CRS Data—a provider of property tax data in the U.S. and Canada—has announced the launch of its data compliance solution: ListingIntegrity. ListingIntegrity ensures superior data quality in today’s real estate landscape, creating a source of partnership and dependability for MLSs, brokerages and agents. “Our goal is to create steadfast and trusted ways to serve the…
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Webinar Recap: How to Close Out 2024 Strong and Succeed in Challenging Times
In the latest RISMedia webinar—”How to Close Out 2024 Strong and Succeed in Challenging Times”—RISMedia Founder and CEO John Featherston and Jim Fite, president and CEO of CENTURY 21 Judge Fite Company, discussed the challenges and strategies in the real estate industry, particularly focusing on the tumultuous year of 2024. Fite, a seasoned professional and…
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Burnett Copycat Defendants, Objectors Gear Up for Final Settlement Approval Next Week
Several large brokerages are angling to garner more immunity from commission lawsuits as the final hearing for their settlement agreements looms, with eight companies filing their arguments in court yesterday asking the judge to approve their respective agreements—and also explicitly indemnify them in cases that are not identical to the main class-action suits. Compass, Douglas…
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LeadingRE Announces New Director of Global Business Development
Above, Abigail Olemos-da Silva Leading Real Estate Companies of the World® (LeadingRE) has announced that Abigail Olemos-da Silva has joined the organization as Director of Global Business Development for the Asia-Pacific (APAC) region. Olemos-da Silva joins the firm with a wealth of experience, including over 20 years in real estate transactions, portfolio management, change management…
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Co-Living Could Be the Answer to Office Conversions
The residential real estate market has an inventory shortage, while commercial real estate is experiencing high vacancy rates due to shifts away from in-office mandates. The two birds with one stone solution has been to convert unused office buildings into multi-unit residential buildings. Cities such as Boston have even passed tax breaks to incentivize developers…
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4 Ways to Tap an Often-Overlooked Senior Housing Market
Today’s Baby Boomers—some 76 million of them—are in better health and, by and large, have more resources than their parents did at their age. In just four years, though, the inhabitants of this demographic bubble will start turning 80, and their real estate needs will change with them. When a person hits 80, the idea…
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