If there’s one thing buyers don’t want after closing, it’s finding out that the costs to own and maintain their new home are not what they’d expected. They’re higher, and sometimes much higher. That’s why it’s imperative for you as their trusted agent to help determine future finances and share the information with them before…
Compass and multiple top executives are facing a class-action lawsuit from an Anywhere stockholder focused on the merger between the two companies, with the plaintiff claiming that back-channel efforts to get the deal approved created risk for the company and misled investors. Filed late last week in federal court in New York City, the lawsuit…
Above, Sue Yannaccone. Photo by AJ Canaria WASHINGTON, D.C.—Compass International Holdings (CIH) COO Sue Yannaccone has been through a pretty big transition. Serving as president and CEO of Anywhere Brands for six years, she is now leading operations for the largest real estate brokerage in the world, as it seeks to reshape the industry on…
Above, Jillian Young When you’re running a brokerage with more than 1,500 agents producing $3 billion-plus in sales volume and over 5,000 transaction sides per year, technology isn’t just a nice-to-have—it’s the engine that powers everything. For Jillian Young, president of Premiere Plus Realty, that reality became crystal clear as her organization continued to scale.…
Iowa-based NoCoast MLS and Chicagoland MLS MRED today announced a new partnership that they say will further connect real estate professionals throughout the Midwest, as MRED continues to pursue a national (and potentially international) expansion of its platform. Created by Iowa REALTORS®, NoCoast MLS serves approximately 1,300 real estate professionals through five participating REALTOR® associations…
The mid-September Federal Reserve Open Market Committee (FOMC) meeting came with a unanimous vote to hike interest rates, after many economists predicted that outcome. Minutes from the meeting released today, however, reveal some of the thinking behind that decision. The minutes offer a closer look at the reasoning behind the Fed’s rate hike. Based on…
WASHINGTON, D.C.—Housing has been on a rollercoaster ride in the last two years, and 2027 is shaping up to be more of the same. Even though real estate has certainly seen its down cycles, this time is different, a leading economist told real estate executives last Friday at RISMedia’s 38th Annual CEO & Leadership Exchange.…
One day after Compass’s deadline for MLSs to change rules or get sued, another listing service is defying the mega-brokerage, with Texas-based Unlock MLS alleging Compass mischaracterizes its rules—and has also privately praised those same policies before threatening litigation. In a letter from Ellen Sessions, a lawyer representing Unlock, addressed to Compass and dated Oct.…
Above, from left, Rajeev Sajja, Marki Lemons Ryhal, Amy Gromowski, Matthew Rathbun and Charles Oppler. Photos by AJ Canaria. WASHINGTON, D.C.—Real estate brokerages can’t treat AI as a shortcut, or they’ll expose their agents and companies to untold risks, a panel of industry experts said during RISMedia’s 38th Annual CEO & Leadership Exchange on Oct.…
Young adult homeownership rates are at risk of declining unless the U.S. population grows, according to an analysis by Harvard’s Joint Center for Housing Studies (JCHS). U.S. population growth, however, may not be able to provide the requisite pipeline of new homebuying young adults due to a smaller Gen Alpha birth cohort and declining immigration.…
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