“Digital Darryl”; The Real Estate Industry’s First Life-Like AI Chat Bot
Artificial intelligence (AI) has become one of the world’s most favorable technology tools, as millions of people from the general population to real estate professionals alike use various models programmed for different purposes, all with the goal of expanding their knowledge in their respective fields—or honing their skills. Looking at the real estate industry specifically,…
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NEXT WEEK: Brokers Share Strategies for Real Estate’s New Landscape
Amid a cascade of lawsuit settlements and forthcoming rule changes that stand to disrupt the real estate playing field, brokerage leaders are striving to stay ahead of the fast and furious pace of industry evolution. Next week, five of real estate’s top leaders, representing various corners of the U.S., will gather for an exclusive panel…
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Energy-Efficient Home Improvements Worth Doing
In today’s eco-conscious environment, energy efficiency isn’t just a buzzword—it’s a property’s standout feature. As a real estate agent, I witness first-hand how homeowners and buyers prioritize sustainability, driving demand for green improvements. This shift isn’t just ethical; it’s economical. Investments in energy-efficient home improvements, such as window replacements, insulation upgrades, solar panels and Energy…
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PropStream to Attend STR Summit
Lead generation platform PropStream has announced it will be attending the STR Summit, designed to educate aspiring Airbnb investors. The event occurs from June 23-25, 2024, in Denver, Colorado at the Gaylord Rockies Resort & Convention Center. The STR Summit is targeted at short-term rental investors. Topics of discussion include the ten steps to building…
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Court Report: Class-Action Lawsuit Settlements Abound
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. The last week of April 2024 saw many settlements in the class-action lawsuits facing the National Association of REALTORS® (NAR), brokerages and MLSs. (For a full list of these lawsuits and their scope,…
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Anywhere CEO: ‘Settling Commission Litigation Early Gives Us a Leg Up On the Competition.’
Above, Ryan Schneider Making the decision to be the first company to settle class action lawsuits last September has and should continue to give brokerage giant Anywhere Real Estate a major leg up on moving forward regarding how buyer agents conduct their business, according to President and CEO Ryan Schneider. Responding in-depth to questions following…
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Supercharge Your Business for a New Era of Real Estate
Change is no longer on the horizon. It’s here. Now more than ever, RISMedia’s 36th Annual CEO & Leadership Exchange is a can’t-miss gathering of more than 400 of the industry’s most powerful residential real estate decision-makers. Join us on September 4 – 6 at the historic Mayflower Hotel in Washington, D.C., where 100 of…
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Douglas Elliman Settles Lawsuits, With Over Half of Payment ‘Contingent’
The settlement domino effect appears to be accelerating. Only one company—Keller Williams—chose to settle commission-focused lawsuits in the three months between November 2023 and February 2024, even as hundreds of companies were named in dozens of Burnett copycat suits across the country following a $1.8 billion verdict against the industry. Now, in the last month…
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Westchester Area and Long Island Home Prices Up More Than 10%
The latest market report or March from OneKey MLS, covering the southern counties of New York state (from Long Island to the Hudson Valley), shows a year-over-year regional median sales price increase in single-family homes by 10.2%. ($650,000, compared to $590,000 in March 2023). Condominiums and co-ops experienced price increases as well: Condos: $475,000 to $495,000,…
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Keller Williams Blasts Lawsuit by Former CEO as ‘Public Relations’ Stunt
Lawyers for Keller Williams fired back at former CEO John Davis in a court filing this week, claiming he is using the judicial system as a vehicle for publicity—the latest volley in an acrimonious legal saga that has included a withdrawn sexual assault claim, accusations of wild self-dealing and high-level leadership shake-ups at the mega-franchisor.…
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