From razor-thin margins to part-time agents, there is good reason for the consolidation currently underway in residential real estate. The question is, will the players left standing be the right ones? As private-equity and Wall Street money extend their tendrils further into the real estate landscape, concerns regarding their intention, integrity and capability to properly…
Sotheby’s International Realty (SIR) has announced the acquisition of Majestic Realty Collective (MRC), one of the most productive luxury real estate organizations in North America, according to the company, which included eight Sotheby’s affiliates. The acquisition expands SIR’s footprint across premier luxury and resort markets in the American West and aims to strengthen its presence…
Compass has announced the launch of “Home Platform,” its end-to-end AI-powered technology platform for real estate professionals, in what company President of Growth Rory Golod called “its single most important innovation in our business.” Compass said the deployment, now rolling out across the mega-brand’s company-owned brokerage brands, represents a historic milestone that Golod promised in…
Trish Nicely Broker/Owner JPAR® Real Estate Professionals Hughesville, Maryland https://www.jparprofessionals.com Region served: Maryland and the D.C. metro area Years in real estate: 27 Number of offices: 3 Number of agents: 47 Favorite part of your job: Watching agents grow In an era of technological evolution, and with the rise of AI, how are you using…
Lamacchia Realty announced its expansion into Vermont, now licensed to provide residential real estate brokerage services in its seventh state and completing its presence across all six New England states. The expansion follows the company’s recent acquisition of Steepleview Realty in North Adams, Massachusetts, which already held a Vermont real estate license. Lamacchia Realty currently…
Windermere Real Estate Expands Lucy Wood’s Role Windermere Real Estate, one of the nation’s largest privately held real estate companies, has elevated Lucy Wood, a third-generation member of its founding family, to regional director for Western Washington and Oregon. The appointment positions Wood at the helm of the nearly $40 billion organization’s largest operating region,…
For Danny Hernandez, real estate has never been only about closing deals—it’s about the families on the other side of them. Over 36 years in the industry, he has helped thousands of them reach the closing table, an experience that now informs how he leads Realty ONE Group’s expansion beyond U.S. borders. As Vice President,…
eXp Realty® has announced the promotion of Wendy Forsythe to chief operating officer (COO). Forsythe is transitioning into the role after two years as chief marketing officer of eXp Realty, according to the brokerage. During her tenure as CMO, Forsythe led what eXp identified as its most significant brand transformation to date—modernizing the global brand…
For a recent lunch meeting, I walked into a restaurant I had not been to in years, and before I even sat down, the owner greeted me by name. He remembered where I liked to sit, asked about my family, and introduced me to a few new staff members who had joined since my last…
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Another major acquisition, eXp acquiring NextHome, has reshaped the residential real estate landscape—and industry leaders are taking notice. In an exclusive RISMedia Industry Briefing, Leo Pareja, CEO of eXp Realty; James Dwiggins, president of NextHome; and John Featherston, founder and CEO of RISMedia, engaged in a lively conversation centering on the acquisition and what it…
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