Consumer Tip Videos

RISMedia’s 2024 Real Estate Rookie of the Year Revealed at Annual Power Broker Gala

Above, from left, John Featherston, Tina Lapp, Heather Stenson and Brian Joyner During its 28th Annual Power Broker Reception & Dinner held at the Renaissance Boston Seaport Hotel Friday night, RISMedia announced its 2024 Real Estate Rookie of the Year winner, Heather Stenson, a REALTORⓇ with Connect Realty in The Woodlands, Texas. Designed to honor…

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Mastering Marketing: How to Build a Strong Personal Brand and Win More Clients

Your brand. Yes. Your personal brand. It starts there. It is everything you do to influence the experience someone has with you and your business. Anything you offer that someone can see, hear, touch, smell or taste will dictate how they feel about you. It is every email and text you send. Every phone conversation.…

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Bringing Tangible Value to the Table

NextHome CEO James Dwiggins—a third-generation real estate leader—has made it his mission to position his company’s strategies and training opportunities to guide, educate and protect his agents and consumers as well as the industry at large. Rescoping the company to navigate the post-August 17 landscape, Dwiggins is pushing his agents to educate buyers and sellers…

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Redfin CEO Apologizes to Shareholders After Profit Eludes Company in Q3 Earnings Report

2024’s third quarter dragged down Redfin’s financials, according to the company’s latest earnings report.  Redfin’s revenue declined to $278 million, down from $295 million during Q2 2024, but was up 3% year-over-year from Q3 2023’s $269 million. The company also saw a net loss of $33.8 million, a larger loss than $27.9 million in Q2…

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Real Estate’s Legal Storm: Two Policies That Could Trigger Major Lawsuits

Above, Darryl Davis The real estate industry is on the verge of facing significant legal challenges. While recent lawsuits have targeted commission structures and transparency, two lesser-discussed practices could be next in line for scrutiny: the National Association of REALTORS®’ (NAR) Clear Cooperation Policy and the requirement that agents must join NAR to gain access…

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Strategic Acquisitions Bolster Fathom Agent Count and Trajectory in Q3

It was a busy three months for Fathom Holdings.  Despite continued housing market challenges, company officials seemed generally optimistic about its growth trajectory following several critical developments in the third quarter, including reaching a settlement agreement in the commission lawsuits.  “We’re pleased to report a quarter marked by continued progress and strategic advancements, even as…

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eXp Reports Mixed Q3 Results with Revenue up 2% YOY and Net Income Loss of $6.5 Million

Global real estate brokerage eXp announced mixed financial results for the third quarter of 2024, with revenue up 2% year-over-year but a net income loss of $6.5 million, mostly due to $18 million in antitrust settlement legal expenses, the company reported during an earnings call Thursday. However, eXp’s adjusted net income reached $7.8 million, a…

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Real Estate Leaders Remain Focused on Growth and Innovation

From left, Kuba Jewgieniew, Cory Vasquez and John Featherston. Photo by AJ Canaria In a panel discussion at RISMedia’s CEO & Leadership Exchange this past September, key industry executives came together to tackle the pressing topic of creating and maintaining strong company cultures in real estate. With the focus on culture, collaboration and leadership, Kuba…

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Former Douglas Elliman CEO Allegedly Admitted to Relationships With Female Brokers Before Retirement

Howard Lorber, the former chairman, president and CEO of Douglas Elliman Inc., allegedly admitted during an internal investigation to having intimate relationships with two of the company’s women brokers, according to a report by Bloomberg. The finding came during a video conference call on October 8, a few weeks before Lorber stepped down from leading…

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Opendoor Q3 Report: Losses Lessened, but 17% of Workforce Terminated

In a third quarter earnings report November 7, Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, reported that losses in the quarter ($78 million) were at least 14% less than the second quarter and 26% less than a year ago. But the San Francisco-based iBuyer also announced it had laid off 300…

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