RE/MAX announced it was making changes to its executive team after revenue fell for a sixth consecutive quarter to end 2023. Amy Lessinger will succeed Bailey as president.
The company said it expects to grow total revenue 19 percent to 22 percent this year as it continues its expansion as an industry leader.
Chicago voters are set to decide whether to quadruple the tax buyers pay on residential and commercial properties in the city. Illinois Realtors plans to lead the fight.
Members already reeling from a series of accusations and leadership changes told Inman Tracy Kasper's resignation as president after less than five months doesn't bode well for NAR's reputation.
Last month, Fannie Mae lowered its down payment minimum for some properties, clearing a path for investors like Alejandro and Jessicas Cuevas, who bought in Chicago with hacking in mind.
Curbio "strongly" denied claims on Monday by Washington, D.C.'s attorney general that the pre-sale renovation startup violated consumer protection laws through "deception, intimidation and fraud."
A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30 percent as a result of ongoing threats to the real estate industry.
TheQwikFix gives sellers the ability to quickly respond to the most needed repairs and buyers the chance to consider what’s really important for them to have ready before move-in.
The outlook is mixed, but "it does look like prices may have bottomed out and are on their way back up," said CJ Patrick Company CEO Rick Sharga.
Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before the end of August.
The average price of homes sold to foreign buyers was $639,900, the National Association of Realtors said. The median price was $396,400. Both numbers are record highs.
Daniel Kenigsberg alleges a series of fraudulent documents led to his land being stolen last fall before contractors built a single-family house on his half-acre of land in Connecticut.