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Nick Bailey Leaving RE/MAX CEO Post; Company Reports Further Revenue Declines in Q4

USA Real Estate News-RISMedia - Thu, 2024-02-22 20:03

RE/MAX announced Thursday that CEO Nick Bailey is leaving the company, an unexpected announcement that came at the same time the company released its Q4 earnings, which showed further declines following reported losses the previous three quarters of 2023. Stepping into the leadership role, former SVP of Region Development for RE/MAX, Amy Lessinger, has been…

The post Nick Bailey Leaving RE/MAX CEO Post; Company Reports Further Revenue Declines in Q4 appeared first on RISMedia.

RE/MAX CEO Nick Bailey exits as company revenue falls again in Q4

USA Real Estate News-Inman - Thu, 2024-02-22 16:48
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.

EXp posts revenue uptick in Q4 — but not enough to turn a profit

USA Real Estate News-Inman - Thu, 2024-02-22 16:44
The company best-known for its virtual brokerage brought in $983 million in revenue between October and December, even as a difficult market took a toll, according to Q4 earnings released Thursday.

Thoughts on Leadership: Honoring Black History Month

USA Real Estate News-RISMedia - Thu, 2024-02-22 15:38

As February 2024 marks Black History Month, it’s a time to reflect on the profound contributions and enduring legacy of Black leaders throughout history. From civil rights activists to trailblazing entrepreneurs, Black individuals have shaped our world and inspired generations with their resilience, courage, and visionary leadership. In honor of Black History Month, let’s explore…

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Global Spotlight: Alluring European Locales

USA Real Estate News-RISMedia - Thu, 2024-02-22 15:31

A villa in the Algarve region of Portugal Casaiberia Real Estate Lagoa, Portugal Paulo Lopes, CEO  https://www.casaiberia.com  Tell us about your company.  Casaiberia, established in 2007, stands as a prominent figure in Portugal’s real estate realm. With a diverse, multilingual team, our roots intertwine with Portugal’s international allure, embracing first-hand experiences of relocation and property…

The post Global Spotlight: Alluring European Locales appeared first on RISMedia.

Fed Minutes Hint at Policy Pivot Toward Rate Cuts, but Inflation Vigilance Remains

USA Real Estate News-RISMedia - Thu, 2024-02-22 15:30

The Federal Reserve acknowledged in its last meeting that rates have likely hit their peak, but they’re continuing to keep a watchful eye on key economic indicators and inflation, balancing a sense of optimism with some caution, according to meeting minutes released Wednesday. The minutes from the Jan. 30-31 meeting of the Federal Open Market…

The post Fed Minutes Hint at Policy Pivot Toward Rate Cuts, but Inflation Vigilance Remains appeared first on RISMedia.

Tennessee Brokerage Joins Better Homes & Gardens Real Estate

USA Real Estate News-RISMedia - Thu, 2024-02-22 15:09

Better Homes and Gardens Real Estate Heritage Group located in Shelbyville, Tennessee, is the latest firm to join the lifestyle real estate brand. Founded in 2010, the company is headed by its six-person leadership team of Tennessee natives: Melissa Sterling, who serves as principal broker, Jeff Hicks, David Bradford, Jordan Cooper, Reed Emerson and Leigh…

The post Tennessee Brokerage Joins Better Homes & Gardens Real Estate appeared first on RISMedia.

Emotional Considerations and Conflict Resolution In a Home Buyout

USA Real Estate News-RISMedia - Thu, 2024-02-22 15:07

Home buyouts, especially in the throes of a divorce or during the challenging process of family inheritance, are laden with more than just financial considerations; they carry a heavy emotional weight. Often seen as a haven and a repository of memories, the home becomes a central figure in these life-altering events. Recognizing and addressing the…

The post Emotional Considerations and Conflict Resolution In a Home Buyout appeared first on RISMedia.

NAR: Existing Home Sales Rose in January

USA Real Estate News-RISMedia - Thu, 2024-02-22 14:05

Following a drop to its lowest level in three decades by the end of last year, existing-home sales reversed course last month, rising 3.1% from December to a rate of 4.00 million in January, down 1.7% year-over-year, or 4.07 million sales, according to the latest report from the National Association of REALTORS® (NAR).  NAR’s Existing…

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Grant Cardone calls on investors to exit New York after Trump verdict

USA Real Estate News-Inman - Thu, 2024-02-22 13:39
Cardone is instructing his team to cease investment into NYC, declaring that "recent political decisions" will lead to price deterioration.

Ransomware Round-Up: Recent Cybersecurity Attacks, and How to Avoid Being Next

USA Real Estate News-RISMedia - Thu, 2024-02-22 13:25

Since Q3 2023, real estate companies—from MLSs to title servicers—have been beset by cyberattacks that have compromised their users’ personal data. Such attacks are typically ransomware (or hackers holding data hostage for a payout). A company-wide cyberattack can be devastating, with a price tag in the millions (whether due to lost business or legal fees)…

The post Ransomware Round-Up: Recent Cybersecurity Attacks, and How to Avoid Being Next appeared first on RISMedia.

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