REsides announced its third annual dividend payout, continuing distributions to shareholders under the company’s equity ownership MLS model.  The REsides board of directors declared an annual cash dividend of $2.00 per share for Class A and Class B shareholders and $1.00 per share for Class C shareholders. The payment marks the third dividend issued since…

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PropStream announced the launch of Dialer Campaigns, now the third offering available within the PropStream ecosystem alongside its Email and Postcard campaigns. This addition transforms its Click-to-Dial feature into a fully structured outbound calling workflow built directly into the platform. With the new feature, PropStream says real estate professionals are able to organize and manage…

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Above, Merri Jo Cowen After nearly two decades leading Stellar MLS, CEO Merri Jo Cowen is transitioning into a full-time leadership role at Universal Consulting Opportunities (UCO), the organization’s global MLS advisory subsidiary. Cowen will focus on expanding UCO’s international consulting efforts, working with real estate organizations to develop and modernize MLS systems and practices…

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In another tense back and forth between CoStar Group and an activist investor, hedge fund The D.E. Shaw Group criticized what it called the company’s latest “attempt to evade accountability for longstanding and ongoing underperformance of Homes.com.” The new dispute comes about a month after D.E. Stevens first demanded that CoStar abandon its residential business.…

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Premier Sotheby’s International Realty names CFO, promotes two Premier Sotheby’s International Realty, headquartered in Naples, Florida, has named and promoted Abigail Tezniarz to chief financial officer and promoted Melissa Morehouse to associate vice president of marketing operations and Frank Russell to associate vice president of creative services.  Tezniarz joined the brokerage in 2004 and has…

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REMAX® has announced Rhode Island-based HomeSmart Professionals has joined its brand. Owned and operated by Dean deTonnancourt, the brokerage will now operate as REMAX Revolution, bringing more than 300 agents from six offices into the network.  “Dean and his agents add to the leading market share REMAX has in Rhode Island, and we’re excited to…

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California Regional MLS (CRMLS) has announced that it is expanding access to RealReports, the property analysis platform powered by the latest AI, to all users at no additional cost.  Previously, RealReports was available as an opt-in product for individual CRMLS Associations via the Product Co-Op, as stated by the MLS. After seeing such enthusiastic adoption…

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Editor’s note: This is part two of a two-part story examining the impact of the Redfin-Compass deal. Read part one here. “Real estate isn’t a transaction. It’s a process.” Those words, from Compass CEO Robert Reffkin on the company’s recent earnings call, were in response to a question about how Compass agents can communicate value…

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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judges appear inclined to allow Anywhere copycat settlement to proceed Two federal judges last week denied a series of requests from the Batton plaintiffs—including a motion to intervene in the Tuccori case, a…

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Rayse, Inc. announced RAE (Rayse Assistant Engine), a conversational AI built directly into its Agent Value Platform. Designed to function as a personal assistant that lives on the agent’s phone, RAE lets real estate agents log work, update client journeys and drive the entire platform through natural voice or text conversation, distributed through MLS and…

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