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RSS2Compass 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…
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Everyone is talking about AI and agent productivity. But has anyone stopped to ask whether AI is helping or hurting your brokerage’s value to agents? Running a brokerage today means more channels, more automation, more data, and a tech stack that keeps growing. Meanwhile, your agents can sign up for an AI tool in five…
The post Op-Ed: You Won’t Win With AI Alone. And You Won’t Win Without It. appeared first on RISMedia.
Above, Kelly Silver Berkshire Hathaway HomeServices (BHHS) New England, New York, and Hudson Valley Properties and Berkshire Hathaway HomeServices Georgia Properties jointly announce that longtime industry marketing professional Kelly Silver has been named Chief Marketing Officer (CMO) of both organizations. According to a release, in this dual role, Silver will oversee brand and marketing strategy…
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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow pleas fall on deaf ears On Oct. 5, the U.S. Supreme Court officially declined Zillow’s appeal to hear a class-action shareholder lawsuit, formally known as Jaeger v. Zillow Group Inc. In the…
The post Court Report: SCOTUS Declines to Hear Zillow Shareholder Case; Compass Hears From Two MLSs appeared first on RISMedia.
From left, John De Souza, Christopher Pfeiffer, Dawn Pfaff and Donny Samson. Photo by AJ Canaria. WASHINGTON, D.C.—The real estate industry is feeling more like a landmine right now, with professionals carefully navigating internal and external forces that threaten their businesses. But where some see potential threats, others see opportunities—even as market uncertainty and bitter…
The post Real Estate’s Next Threats: Consolidation, AI, Litigation—and Keeping Consumer Trust appeared first on RISMedia.
The latest University of Michigan Consumer Sentiment Index, released Oct. 9, fell to 46.3 in October, down 1.8 points from September’s reading of 48.1. It was a five-month low, as various negative factors weigh on the minds of Americans. “Consumer sentiment was little changed this month, inching down a scant 1.8 index points from September,”…
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SmartMLS and Property Shield—a real estate fraud detection and prevention company—announced a new partnership that will bring listing fraud detection and removal tools to more than 20,000 real estate professionals across Connecticut. The new service is expected to launch in mid-October. According to a release, the Connecticut-based MLS will integrate Property Shield’s Listing Fraud Protection…
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The Real Brokerage has announced the launch of Real Young Professionals (Real YP), a new division dedicated to connecting and developing the next generation of real estate professionals. According to a release, Shaylie Fraser will serve as director of Real Young Professionals, with Jana Pierce serving as assistant director. Fraser is co-founder of Coastline Real…
The post Real Launches Young Professionals Division to Build Community for Next Generation of Real Estate Leaders appeared first on RISMedia.
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…
The post Sue Yannaccone Says ‘Different Expectations’ After Merger, Tells Brokers to ‘Keep Powder Dry’ appeared first on RISMedia.
Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: Mortgage rates continue to reach new highs each week, quickly climbing in the 7% range and hitting a “nearly three year high,” as noted by Mortgage Bankers Association (MBA) President and CEO Bob…
The post Mortgage Mix: Rates Rise to Mid-7%; Garg Celebrates Win Over Better appeared first on RISMedia.
