Above, Allen Gammons Allen Gammons owned a small publishing company in Rhode Island when he began to invest in real estate—and became so fascinated by the process and possibilities that in 1992, he became a licensed agent. After testing his skills with a smaller company, he signed on with RE/MAX, where in 1995 he was…
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Above: James Sanders James Sanders CEO Estate Properties International, a member of Leading Real Estate Companies of the World® Palos Verdes Estates, California https://estateproperties.com Region served: South Bay and West Side of Los Angeles County Years in real estate: 36 Number of offices: 11 Number of agents: 500 Most effective recruiting pitch: For four decades,…
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The Real Brokerage, a technology platform for real estate for agents, homebuyers and sellers, announced on April 26 the promotion of Ravi Jani to chief financial officer, effective immediately. Jani succeeds Michelle Ressler, who was terminated based on the company’s opinion that she engaged in actions that violated their policies. Jani joined Real in September…
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Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. New Jersey Attorney General Sues RealPage New Jersey Attorney General Matthew Platkin (D) and the state’s Division of Consumer Affairs have filed an antitrust lawsuit against RealPage and “ten of the largest landlords”…
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Everyone’s up in arms about private listings—and everyone has a point. But somehow, everyone’s also missing one. Compass has been vilified for choosing to do something that NAR rules now clearly permit. Are they doing it because it’s a good business decision for them? Yes. Can listing a property off the MLS be a benefit…
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In yet another legal development within the residential real estate industry, Compass on April 25 filed a federal antitrust lawsuit in U.S. District Court in Seattle over Northwest MLS’s (NWMLS) Clear Cooperation Policy (CCP), claiming that the brokerage-owned trade group has the most restrictive homeowner marketing rules in the country. The lawsuit was telegraphed previously…
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@properties Christie’s International Real Estate has announced it is turning 25 this month, and is celebrating its anniversary throughout the year with a series of events and initiatives honoring the agents, staff, clients and communities that have contributed to its success. The company was established in April 2000 by Thad Wong and Mike Golden, according…
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Consumer sentiment continued to worsen in April, declining across all political groups with significant hurdles anticipated in multiple sectors of the economic landscape. April’s Index of Consumer Sentiment, a survey conducted by the University of Michigan, had a final reading of 52.2, declining 8.4% from March’s 57 reading and down an eyebrow-raising 32.4% on a…
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A judge this week dismissed most sexual harassment and discrimination claims by Roshani Sheth, a former employee of the National Association of REALTORS® (NAR), who has alleged she was mistreated by supervisors and subsequently fired and threatened by NAR. In an 18-page opinion, Judge Georgia Alexakis of the Northern District of Illinois dismissed four out…
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West USA Realty has stated it shares in Zillow’s “pro-consumer commitment to listing transparency and ensuring the largest possible audience of buyers can see its listings,” in a new release. The brokerage is partnering with Zillow in its recently announced ban on private listings. West USA Realty was established in 1986 and is one of…
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