NAR announces organizational changes to improve member engagement

Trade group lays out 10 reorganized groups across NAR’s two offices in Chicago and Washington, D.C., new senior management team …

Inside Real Estate scoops up BrokerSumo

Real estate software company Inside Real Estate announced it has acquired BrokerSumo, a two-year-old commission management cloud software provider for real estate brokers.  …

Hurricane recovery boosts pending home sales in October

The National Association of Realtors (NAR) pending home sales index, a forward-looking indicator that tracks homes sales in which a contract is signed but the sale has not yet closed, increased 3.5 percent in the month of October to 109.3 from a downwa…

Home prices surge 6.2% with ‘no signs of cooling’

In September home prices rose 6.2 percent, up from 5.9 percent in August, according to The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, with the highest year-over-year gains recorded in the cities of Seattle, Las Vegas and San Diego.

Digital real estate revenue now ‘core to character’ of News Corp

News Corp., the global company that owns and operates realtor.com through its subsidiary, Move Inc., reported $2.06 billion in revenue for the first quarter of fiscal year 2018, up from $1.97 billion the year prior, and net income of $87 million compar…

Re/Max stock plunges after investigation of CEOs surfaces

As of press time Re/Max stock had dropped as low as 16 percent overnight after the company announced it is conducting an internal investigation …

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 …

Re/Max investigating Co-CEOs for possible ethics and business violations

In lieu of posting its third quarter earnings results, today Re/Max announced that the company is conducting an internal investigation into co-CEOs Dave Liniger and Adam Contos and looking into “allegations of wrongdoing in employment practices and con…

Nationstar’s Xome revenue continues to shrink in the third quarter

Revenue for Nationstar’s Xome — a platform that features a property search site, real estate agent referral network and title, closing, valuation and asset management services — declined to $65 million in the third quarter of 2017, according to the company’s Q3 2017 financial results …

Sassy ghost steals the show in BuzzBuzzHome’s new Halloween ad

Some ghosts are spooky but keep to themselves. Others are friendly and want to be your BFF. But the ghost of BuzzBuzzHome’s first official commercial is more of the in-your-face, sassy-type …