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D.C.-Area Broker Sues NAR, Local Associations; Calls Three-Way Agreement a ‘Cartel Structure’
William Whittman, a broker licensed in Maryland, D.C. and Virginia is suing the National Association of Realtors® (NAR), Virginia Realtors® (VR), Northern Virginia Association of Realtors® (NVAR), Maryland Realtors® (MR) and the Greater Capital Area Association of Realtors® (GCAAR)—claiming to have suffered millions of dollars in damages due to the defendants’ “unlawful restraints of trade,…
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RE/MAX Hires Tom Flanagan as Chief Digital Information Officer
Above, Tom Flanagan RE/MAX Holdings, Inc. has recently announced the hiring of Tom Flanagan as chief digital information officer, effective immediately. In this role, Flanagan will oversee all information technology and data operations across the company and its affiliated brands. He will lead the engineering, data and technology security and compliance teams, while collaborating closely…
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Fixer-Uppers Gain Notice in Midwest and South as Housing Starts Decline
Finding an affordable home is a delicate dance for buyers. With the 30-year fixed-rate mortgage (FRM) falling in recent weeks and the Federal Reserve cutting interest rates by 0.25%, buyers are seeing more and more opportunities. Some of these opportunities come in the form of homes in need of remodeling. Homes designated as “fixer-uppers” are…
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Newly Appointed Fed Governor Stephen Miran Calls for Aggressive Rate Cuts
In his first public speech since taking a seat on the Federal Open Market Committee (FOMC), Federal Reserve Governor Stephen Miran called for interest rates to be cut by two full percentage points and argued that the current monetary policy poses material risks to the Fed’s employment mandate. Speaking at the Economic Club of New…
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Here’s why indies are stoked about the Compass-Anywhere deal
Experts see Anywhere acquisition as bid to remake real estate in Compass’ image
A compliance expert quizzed ChatGPT. Here’s what it got wrong
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