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Items Tagged with 'RE/MAX'

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  • Class-action lawsuit takes aim at buyer broker compensation rules

    Home seller claims NAR, MLS providers have conspired in violation of anti-trust laws
    A class-action lawsuit filed last week by a Minnesota home seller is taking aim at the big four multiple listing services that have transformed the real estate business. The suit alleges that the National Association of Realtors has driven up costs to sellers and has stifled competition by requiring brokers to offer buyer broker compensation when listing a property on an MLS site, and it names NAR, Realogy, HomeServices of America, RE/MAX and Keller Williams as the culprits.
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  • Redfin: 2019 is shaping up to be a good year for homebuyers

    More Americans are slashing home prices than in previous winters
    In February, more American homes experienced a price drop than any other winter in recent history, according to new data from Redfin. Interestingly, Redfin's data also indicates the housing market is shifting more towards a buyers market.
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  • RE/MAX announces several senior leadership promotions

    Josh Bolgren, Roy Schwalm and Brett Ritchie have accepted new roles
    RE/MAX Holdings, parent company of RE/MAX, recently announced the promotions of Josh Bolgren, Brett Ritchie and Roy Schwalm to senior leadership positions. RE/MAX CEO Adam Contos said these outstanding leaders will have an even greater impact in their new roles.
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  • Report: Home sales, inventory locked in standstill

    RE/MAX reports inventory increased year-over-year for the first time in a decade
    In October, a decrease in year-over-year home sales contributed to the first year-over-year inventory increase in a decade, according to the RE/MAX National Housing Report. RE/MAX CEO Adam Contos said the market continues to move toward equilibrium.
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  • Zillow is now buying and selling homes in Denver

    Company utilizing Zillow Instant Offers to purchase homes in market
    Zillow flipped the real estate industry on its head when it announced plans to join the home selling business, launching “Zillow Instant Offers,” an instant gamechanger. Today the company announced in addition to serving Phoenix, Las Vegas and Atlanta markets, the platform will now be available in Denver.
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  • ERA adds Diana Wall as senior vice president of sales

    Wall returns to ERA, will oversee growth strategy
    ERA announced Tuesday that Diana Wall has rejoined the company as senior vice president of sales to help push strategic growth in its broker footprint. The company explained that Wall will be working alongside the senior management team to ascertain the best growth strategies and expand ERA's influence in the market.
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  • Former RE/MAX CEO David Liniger violated company policies by loaning millions to successor

    Investigation also finds that Liniger was not compliant with work conduct policies
    An internal investigation found that David Liniger, the founder and former CEO of RE/MAX, violated company policies by loaning millions of dollars to his eventual successor. Liniger and Contos confirmed the existence of a $2.375 million loan that Liniger provided to Adam Contos, who then used the money to purchase a residence at a below market interest rate.
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  • Re/Max: Real estate expected to boom in 2018

    But inventory struggle to continue
    After a year of rising home prices, low inventory levels and ongoing homebuyer demand, these conditions will increase even more in 2018. As the year begins, one expert breaks down some of the major trends to come in 2018, saying the year will bring an abundance of positive trends.
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  • RE/MAX’s Motto Mortgage sells 50 franchises in first year

    25 mortgage brokerage franchises currently open in 16 states
    Late last year, RE/MAX, one of the biggest names in real estate, announced that it was getting into the mortgage business by launching Motto Mortgage, a mortgage brokerage franchise that the company planned to take nationwide. Now, just over one year later, the company is providing an update on the progress of that expansion plan.
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