The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, declined by 6.8 points in November to 88.7 from 95.5 in October, as already negative consumer attitudes toward the economy appear to be souring further. The Present Situation Index—based on consumers’ assessment of…
Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Before the new year comes around, now is the time to step back and evaluate your tech stack, from your CRM and marketing automation tools to your showing…
Midwest Real Estate Data (MRED), which claims almost 50,000 members in the Chicago region, has issued a forceful public rebuttal to Zillow’s recent study alleging that private listings in Chicago reinforce housing segregation, pointing to internal Zillow documents as it argues the portal giant’s criticism may be driven more by business strategy than consumer protection.…
Keller Williams Realty, LLC (KW) has announced the company is expanding across Asia, opening a new franchise in Uzbekistan as international sales grow. “This has been a truly historic year of international growth for Keller Williams, which is a direct result of entrepreneurs who think big, act boldly and stay committed to our models that…
NEW YORK CITY—U.S. District Judge Jeannette Vargas heard closing arguments Friday, Nov. 21, capping off a weeklong hearing between real estate giants Zillow and Compass. At the heart of the case is Compass’s Three-Phased Marketing (3-PM) Strategy, which allows homesellers to market properties privately before listing them publicly on the Multiple Listing Service (MLS) and…
The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Four days of testimony set battle lines in Zillow-Compass showdown With top executives, brokers and a mob of journalists packing a high-rise federal courtroom in Manhattan last week, the public got its first glimpse of…
With Compass and Zillow locked into a high-stakes fight over listing restrictions and market power, company executives testified in federal court for the third day yesterday as Compass leadership addressed the specifics of its private listing-focused strategy, from alleged harm to its business from the Zillow rules, to how it communicated with agents. The trial—officially…
Michael Saunders & Company, a member of Leading Real Estate Companies of the World (LeadingRE) announces that Carol Fasick, a luxury real estate specialist, has joined its expanding South Florida team as the team lead and brokerage associate of The Dynasty Group. “Carol comes to us at a time when St. Petersburg’s luxury market continues…
The Corcoran Group announced a major milestone in its international expansion with the opening of Corcoran Atlantic’s first physical office in Lisbon, Portugal, marking a significant step in the brand’s European presence. “With Corcoran Atlantic’s visionary leadership and industry expertise, paired with Corcoran’s branded legacy of excellence, Corcoran Atlantic is set to redefine luxury real…
As we approach the end of the year, there’s a powerful temptation to stop running so fast to reach it. While it can feel like your peaks and valleys for the year are locked in by the middle of the fourth quarter, doubling down in order to keep the momentum going is the best thing…
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