Baby Boomers, roughly 20% of the U.S. population, control about 41% of America’s real estate assets and a major share of housing inventory, creating a generational supply squeeze that has lasted for years. This huge pool of long-held homes has stayed off the market as owners delayed downsizing and chose to age in place. Now,…
Above, Howard “Hoby” Hanna Amid the broader—and increasingly complex—debate over private listings, one of the more independent-minded independent brokerages announced this week that it is launching its own private network as a “strategic initiative,” balancing the demand for so-called “seller choice” with MLS policies the company has previously criticized. HannaList, announced this week by Howard…
With home prices still elevated in much of the country, condos have become more realistic for buyers determined to exit the rental train. For most agents, the ability to educate such clients about how they can start building equity immediately by going the condo route is more important than ever. Here are several important pros…
BeachesMLS, operated by the Broward, Palm Beaches & St. Lucie Realtors® and the 10th largest MLS in the nation, has announced a technology upgrade to its MLS platform aimed at updating how real estate professionals create, manage and share listings across its marketplace. The upgrade includes changes to backend infrastructure intended to improve data consistency,…
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…
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…
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…
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.…
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…
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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