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Following Bailey Exit, New RE/MAX President Says Agent Growth Is Priority One

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

Following the unexpected news Thursday that RE/MAX CEO Nick Bailey is leaving the company, which was released in tandem with the announcement of the company’s continued revenue declines for Q4, newly promoted RE/MAX LLC president Amy Lessinger said agent and brokerage growth is priority number one. “I’m ready to hit the ground running – and…

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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…

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Shares in Rocket up after hours as investors roll with $233M Q4 loss

USA Real Estate News-Inman - Thu, 2024-02-22 18:11
Mortgage giant reports positive adjusted earnings for the third consecutive quarter, "despite some of the most difficult industry conditions in three decades," CEO Varun Krishna says. 

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…

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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.

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.

Inman Connect Miami: Get to know these featured speakers

USA Real Estate News-Inman - Thu, 2024-02-22 13:00
Get acquainted with some of our exciting, world-class headliners, and grab your tickets for Inman Connect Miami.

January existing sales offer mixed signals about market’s future

USA Real Estate News-Inman - Thu, 2024-02-22 11:46
Existing-home sales struggled to break out of a winter slump, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 1.7 percent year-over-year from 4.03 million in January 2023 to a seasonally adjusted annual rate of 4.00 million.
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