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Realogy earnings take hit from hurricanes, inventory in third quarter

In the company’s quarterly earnings results for the third quarter of 2017 (Q3 ’17), Realogy reported $1.7 billion in revenue, a 2 percent increase year over year, and 4 percent year-over-year growth in homesale transaction volume for an overall profit of $95 million for the quarter. The third quarter of 2017 proved to be a […]

What to expect from the 2018 housing market

National Association of Realtors (NAR) Chief Economist Lawrence Yun today announced the 2018 economic and housing forecast at the Association’s Realtors Conference and Expo in Chicago. Yun expects existing-home sales will finish at a pace of 5.47 million, a 0.4 percent year-over-year increase from 2016. In 2018, he says sales should increase 3.7 percent to 5.67 […]

Re/Max stock plunges after investigation of CEOs surfaces

According to NASDAQ, as of press time Re/Max stock had dropped as low as 16.34 percent overnight after the company announced it is conducting an internal investigation of co-CEOs Dave Liniger and Adam Contos for possible business and ethics violations. The investigation surfaced Nov. 2 in lieu of its regular third quarter earnings results. At […]

What to expect when you’re Connecting

Inman Connect New York will be here before we know it, and one of the most common things we get asked here at Inman is for recommendations for great things to do with all those new friends you’ll make after the sessions break for the day. If you’re a first-timer to the city, or to […]

SmartZip lays off around 50 employees, including two VPs

San Francisco Bay Area-based SmartZip, a predictive analytics marketing platform for real estate professionals founded in 2008, has reportedly laid off around 50 of its approximate 150 staff members this week including senior leaders Peter Grace, formerly executive vice president of sales, and Joan Dailey, formerly vice president of corporate marketing, according to sources close […]

Re/Max investigation may hinge on code of conduct

One day after Re/Max abruptly postponed a scheduled earnings call citing an internal investigation into allegations “concerning actions” between co-chief executives Dave Liniger and Adam Contos, it appears that predicted damage to the real estate franchise could be negligible. Though Re/Max’s stock took a 21-percent tumble on Wall Street to $52.65 per share Friday, the inquiry […]

Relola’s new local expertise app will be free for Realtors

Have suggestions for products that you’d like to see reviewed by our real estate technology expert? Email Craig Rowe. Relola, a company that provides property review and hyper-local content platforms for real estate professionals, announced at the annual National Association of Realtors (NAR) Conference & Expo on Friday the launch of a new app for […]

How indie brokerages can grow new profit centers

Building, sustaining and growing your core business takes a tremendous amount of time and effort. It seems impossible to grow ancillary businesses in addition to your indie brokerage, doesn’t it? Well, take it from these two indie pros — it’s not impossible. Watch the video to learn more…. Source: click here

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