Forbes Global Properties has announced its expansion into Lebanon and Syria with the addition of Ascot Real Estate, a Beirut-based real estate brokerage, consultancy and development firm. Founded and led by Patrick Geammal, Ascot Real Estate will be the exclusive representative of Forbes Global Properties throughout the countries. Ascot Real Estate has built a reputation…
Surveys identifying the most trusted professionals have long ranked nurses, doctors and the military at the top while real estate professionals tend to be ranked lower. But with media coverage (stemming from lawsuits and policy changes) and a historically tough housing market, many industry leaders have worried that real estate professionals might take another hit…
Less than a month after the same court upheld the National Association of Realtors®’ settlement in the historic Burnett lawsuit, the Court of Appeals for the Eighth Circuit has now also upheld the settlements in the Gibson commission lawsuit. The Gibson lawsuit is the main copycat of the Burnett case, originally filed on the same…
REMAX announced on Sept. 1 that Alex Vidal has joined the brand as president. Vidal brings 29 years of experience to the role, most recently serving as brand president of ERA Real Estate, where he was the first Hispanic president of a major national real estate brand. “Alex understands this business from the ground up…
The battle between tech-focused mortgage disruptor Better.com and its recently ousted Founder and CEO Vishal Garg has no end in sight, as Better’s motion for a temporary restraining order to block what it called a “scorched-earth campaign” by Garg was denied on Aug. 28. U.S. District Judge Margaret M. Garnett of the federal Southern District…
A lawsuit filed earlier month is alleging that a top agent for real estate startup Side illegally operated as a lawyer in order to secure listing contracts, further claiming that this “ongoing and systematic” practice represents a failure by Side in its legal, supervisory responsibilities. The lawsuit was filed by a debt collector named Green…
In a Sept. 1 speech at the Second Chance Lending Forum in Washington, D.C., focusing on the economic outlook and financial inclusion, Federal Reserve Governor Michael S. Barr noted that the labor market is stable with relatively low unemployment, with the economy growing solidly, “powered in part by the boom in AI-related business investment and…
The Fall issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at LeadingRE’s pathways for brokerage growth while allowing firms to chart their own destiny. In addition, we take a look at Iron Valley Real Estate’s unique franchise model, the flexibility provided…
Around 16 months after it was filed, Compass announced today that it has reached an agreement to resolve its antitrust lawsuit against Washington-based Northwest Multiple Listing Service (NWMLS), ending what had been a high-stakes and sharply contested dispute that cut to the heart of the larger private listing debate. In a statement, Compass CEO Robert…
In a real estate industry being reshaped by consolidation, franchise expansion, technology investment and changing capital models, brokerage owners are being forced to make big decisions about the future of their companies. The pressure is real. Margins are tighter. Agents expect more. Consumers are more informed and more demanding. Technology is changing how firms compete,…
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