Real estate news

• Builder Incentives Are Changing the New Construction vs. Resale Conversation

  19-10-2026 21:52 via rismedia.com
  Many homebuyers assume a brand-new home will automatically cost more than a resale home. In today’s market, that isn’t always true. Builders can offer incentives that traditional homesellers usually can’t, including lower mortgage rates and help with closing costs. Those incentives can sometimes make a more expensive new construction home cost less each month than…
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• elevateMLS Launches Home Search Website Built on MLS Data

  19-10-2026 20:50 via rismedia.com
  Colorado Springs-based elevateMLS has announced the launch of a new consumer website where homebuyers and sellers can search listings straight from the MLS, find a local agent and see how the market is moving. The site is live at elevateMLS.com. According to a release, home search on the site runs on the Cribio platform from…
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• NAHB Reports Lowest Builder Confidence in 14 Years

  19-10-2026 20:30 via rismedia.com
  The monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for builder confidence fell three points to 29 (out of 100) in October, marking the lowest builder confidence in the market since June 2012. NAHB attributed the historically low measure of builder sentiment to rising mortgage rates, energy and material costs, and…
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• 3 Biggest Takeaways From Compass’s Lawsuit Against CRMLS

  19-10-2026 20:24 via rismedia.com
  In an entirely expected move last Friday, Oct. 16, Compass filed a federal antitrust lawsuit against California-based CRMLS, asking a judge to prevent the MLS from enforcing its “mandatory submission” policies that the brokerage argues violates antitrust policies. As it has continued to campaign for changes to certain MLS policies, a Compass spokesperson told RISMedia…
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• BREAKING: eXp Reaches Settlement in Sexual Assault Case

  19-10-2026 16:02 via rismedia.com
  Just one day before the case was to go to trial, eXp managed to evade court as a partial settlement was reached. In the settlement filed Oct. 18, eXp agent Anya Roberts officially reached a confidential settlement which resolves all claims against eXp Realty, Founder Glenn Sanford and parent company AGNT, Inc. The settlement only…
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• CENTURY 21 New Millennium Expands into Lancaster County; Partners with CENTURY 21 Home Advisors

  16-10-2026 19:50 via rismedia.com
  CENTURY 21 New Millennium announced that it has expanded into Lancaster County with the affiliation of the CENTURY 21 Home Advisors team. The Lancaster office began operating as CENTURY 21 New Millennium on Oct. 15. CENTURY 21 Home Advisors Founder H. Joseph “Joe” Younger will continue to lead its agents as team leader. According to…
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• Helping Agents Thrive and Grow

  16-10-2026 18:38 via rismedia.com
  Jill Butler Founder & CEO RedKey Realty Leaders, a member of Leading Real Estate Companies of the World® Richmond Heights, Missouri https://www.redkeystlouis.com Region served: Greater St. Louis, including St. Louis City, St. Louis County, St. Charles County and surrounding communities. Years in real estate: 25 Number of offices: 4 Number of agents: 200 Most important…
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• Roberts v. eXp Sexual Assault Trial Begins Oct. 19: What You Need to Know

  16-10-2026 18:15 via rismedia.com
  Back in 2022, half a dozen women came forward and filed a civil lawsuit against eXp Realty and its founder, Glenn Sanford, claiming that two “alpha agents” (Michael Bjorkman and David Golden) drugged and sexually assaulted them at company events. The women argued that Sanford and other eXp leadership ignored their complaints, as well as…
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• Thinking of Consolidation? Pros and Cons From The Brokerage Leaders Who’ve Done It

  16-10-2026 18:01 via rismedia.com
  From left, Rick Haase, Whitney LaCosta, Tara Brown, Boomer Foster and David Howell. Photo by AJ Canaria.  WASHINGTON, D.C.—Real estate brokerages are no strangers to consolidation. In 2026, Real acquired REMAX; Compass acquired Anywhere, and eXp and NextHome are now under the same parent brand, AGNT. Beyond the mega deals, large regional independents are constantly…
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• ‘Stop Defending Yesterday’s Brokerage’

  16-10-2026 16:09 via rismedia.com
  Above: Howard Hanna Real Estate Services CEO Hoby Hanna. Photos by AJ Canaria. There’s a sea change confronting the residential real estate industry, and Hoby Hanna isn’t mincing words: “Brokerage is not enough anymore. Not for Howard Hanna, not for your company, not for our agents, and ultimately not for the consumer.” Hanna delivered this…
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• Senators Call For FTC Investigation Into Alleged Anti-Competitive Practices in Homebuying

  15-10-2026 22:28 via rismedia.com
  Just two months after the Federal Trade Commission (FTC) settled its lawsuit with Zillow and Redfin over the two portals’ alleged anti-competitive agreement, two U.S. Senators have issued a new letter petitioning the organization to take aim at alleged anti-competitive practices on the home-buying side of portals. Senators Elizabeth Warren and Cory Booker penned the…
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• ‘A Chilling Effect’: Rates Linger at Near Three-Year High

  15-10-2026 20:51 via rismedia.com
  Mortgage rates held steady this week, remaining unchanged from last week but still lingering at a near three-year high–a level one economist says is having a “chilling effect” on the housing market.  The latest Freddie Mac Primary Mortgage Market Survey® released Thursday shows the average 30-year fixed-rate mortgage rate remaining at 7.40%, the same level…
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• Five Terms Buyers Must Discuss With You Before Signing

  15-10-2026 19:55 via rismedia.com
  New 2026 research suggests that written buyer agreements have made fees and representation more visible, but commissions themselves have not necessarily fallen. A Zillow survey of 366 U.S. real estate agents found that 89% believe written agreements outlining compensation and services benefit buyers. It also found that 77% said fee negotiation benefits buyers, compared with…
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• Pending Sales Bottom Out as Mortgage Rates Return to 7% Range

  15-10-2026 19:31 via rismedia.com
  The Iran War continues to weigh heavily on the economy and the housing market, with mortgage rates returning to the 7% range as inflation remains elevated. With rates now peaked at nearly a three-year high, a new report from Redfin found that housing affordability is once again being eroded and home sales are paying the…
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• DIY for AI: How One Team Leader Snowballed Data and Trust Into ChatGPT Referrals

  15-10-2026 19:21 via rismedia.com
  Editor’s note: This is the third of a three-part series on how agents earn recommendations and referrals from AI. Read part one here and part two here. When a prospective buyer or seller asks someone they trust to recommend a real estate agent, you want your name to be the first one mentioned. What happens…
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• Help Us Understand What Industry Evolution Does to Your Wallet

  14-10-2026 22:18 via rismedia.com
  Many people pursue real estate because it offers them independence, connections, a chance to build skills and help people achieve the dream of homeownership.  But in the end, if you aren’t making a living, you won’t be able to pursue these goals, or any of the aspirations you have for your career. With a sharp…
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• Meeting Agent Needs in an Evolving Industry

  14-10-2026 21:27 via rismedia.com
  Corey McCloskey President John R. Wood Properties Christie’s International Real Estate, a member of Leading Real Estate Companies of the World® Naples, Florida https://www.johnrwood.com/christies Region served: Southwest Florida Years in real estate: 23 Number of offices: 21 Number of agents: 900 Favorite part of your job: Talking with and getting to know people You’ve had…
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• Consolidation Up Close: How eXp and NextHome Are Building for What’s Next

  14-10-2026 20:33 via rismedia.com
  Above, from left: John Featherston, Leo Pareja, James Dwiggins. Photo by AJ Canaria. Consolidation has been one of the most talked about trends in real estate this year—and the conversation continued at RISMedia’s 38th Annual CEO & Leadership Exchange when Leo Pareja and James Dwiggins joined John Featherston on stage to dig deeper into eXp…
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• Buyers Increasingly Turning to Adjustable Rate Mortgages to Lower Monthly Costs

  14-10-2026 19:51 via rismedia.com
  As mortgage rates for traditional 30-year fixed-rate loans reached a near three-year high last week, buyers are increasingly turning to adjustable-rate mortgage (ARM) applications to reduce their monthly costs. Economists have watched the ARM share of overall applications climb to one-year high of 10.5% in recent weeks, driven by introductory rates that sit almost a…
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• Incentivizing Buyers: What It Often Takes for a Builder to Get a Deal Done

  14-10-2026 19:31 via rismedia.com
  Editor’s note: This is part one of a two-part story on builder incentives. Part two will focus on what agents and brokers think about incentives, and how they guide buyers. These may be uncomfortable days for many buyers, with mortgage rates in the mid-7s and threatening to go higher if the Fed raises interest rates.…
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• Energy to Blame as Inflation Rises, Setting Up Rate Hike

  14-10-2026 18:23 via rismedia.com
  Despite the Federal Reserve’s attempts to combat inflation, the latest data from the U.S. Bureau of Labor Statistics (BLS) reveals that such progress may be minor, or nonexistent. The September CPI report saw a 0.6% monthly increase, with annual inflation gaining traction once again at 3.7%. The latest data is up from August’s report, which…
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• With Election Day Looming, Polls Differ on Florida Property Tax Cut Amendment

  14-10-2026 17:18 via rismedia.com
  With less than three weeks until the midterms, recent data released on a constitutional amendment in Florida known as Amendment 3, a housing affordability relief measure that would raise the property tax exemption for residents of the Sunshine State, is not showing a solid case for either passing or failing. Amendment 3, championed by the…
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• Arizona Regional MLS Brokers Gain Access to HouseCanary’s Google Listings Program

  14-10-2026 17:09 via rismedia.com
  Property intelligence provider HouseCanary has announced it has signed a data agreement with Arizona Regional MLS (ARMLS), which serves more than 38,000 subscribers across most of Arizona, under the Google Listings Program. Under the agreement, active listings from opted-in ARMLS brokerages are eligible to appear in Google mobile search. A release notes that when consumers…
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• One Week Left to Nominate a 2027 Real Estate Newsmaker

  13-10-2026 20:48 via rismedia.com
  Time is running out to celebrate the leaders, innovators and changemakers shaping the future of real estate! Only one week remains to submit nominations for RISMedia’s 2027 Real Estate Newsmakers honors before 11:59 PM EST on Wednesday, October 21, 2026. Now in its landmark 10th year, RISMedia’s Real Estate Newsmakers program spotlights the dynamic, resilient…
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• Why Buyers Must Assess Future Costs Before Committing Today

  13-10-2026 19:36 via rismedia.com
  If there’s one thing buyers don’t want after closing, it’s finding out that the costs to own and maintain their new home are not what they’d expected. They’re higher, and sometimes much higher. That’s why it’s imperative for you as their trusted agent to help determine future finances and share the information with them before…
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• Real Estate’s Next Threats: Consolidation, AI, Litigation—and Keeping Consumer Trust

  09-10-2026 21:02 via rismedia.com
  From left, John De Souza, Christopher Pfeiffer, Dawn Pfaff and Donny Samson. Photo by AJ Canaria.  WASHINGTON, D.C.—The real estate industry is feeling more like a landmine right now, with professionals carefully navigating internal and external forces that threaten their businesses. But where some see potential threats, others see opportunities—even as market uncertainty and bitter…
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• Consumer Sentiment Falls to 5-Month Low; Higher Costs Cited

  09-10-2026 20:46 via rismedia.com
  The latest University of Michigan Consumer Sentiment Index, released Oct. 9, fell to 46.3 in October, down 1.8 points from September’s reading of 48.1. It was a five-month low, as various negative factors weigh on the minds of Americans. “Consumer sentiment was little changed this month, inching down a scant 1.8 index points from September,”…
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• SmartMLS Partners with Property Shield, Brings New Listing Fraud Protection to Connecticut

  09-10-2026 20:21 via rismedia.com
  SmartMLS and Property Shield—a real estate fraud detection and prevention company—announced a new partnership that will bring listing fraud detection and removal tools to more than 20,000 real estate professionals across Connecticut. The new service is expected to launch in mid-October. According to a release, the Connecticut-based MLS will integrate Property Shield’s Listing Fraud Protection…
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• Real Launches Young Professionals Division to Build Community for Next Generation of Real Estate Leaders

  09-10-2026 20:10 via rismedia.com
  The Real Brokerage has announced the launch of Real Young Professionals (Real YP), a new division dedicated to connecting and developing the next generation of real estate professionals. According to a release, Shaylie Fraser will serve as director of Real Young Professionals, with Jana Pierce serving as assistant director. Fraser is co-founder of Coastline Real…
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• Sue Yannaccone Says ‘Different Expectations’ After Merger, Tells Brokers to ‘Keep Powder Dry’

  09-10-2026 20:03 via rismedia.com
  Above, Sue Yannaccone. Photo by AJ Canaria WASHINGTON, D.C.—Compass International Holdings (CIH) COO Sue Yannaccone has been through a pretty big transition. Serving as president and CEO of Anywhere Brands for six years, she is now leading operations for the largest real estate brokerage in the world, as it seeks to reshape the industry on…
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• Mortgage Mix: Rates Rise to Mid-7%; Garg Celebrates Win Over Better

  09-10-2026 18:24 via rismedia.com
  Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: Mortgage rates continue to reach new highs each week, quickly climbing in the 7% range and hitting a “nearly three year high,” as noted by Mortgage Bankers Association (MBA) President and CEO Bob…
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• eXp Realty and Newrez Announce Revenos Mortgage Joint Venture

  09-10-2026 01:11 via rismedia.com
  At Salt Lake City’s eXpcon on Oct. 8, eXp Realty and Newrez announced a new mortgage joint venture, Revenos Mortgage. According to a release, the project is powered by Newrez and designed to serve eXp Realty agents and their clients. The joint venture brings together eXp’s national brokerage scale and agent network with Newrez’s mortgage…
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• Buying With Weak Credit: Financing Options From First to Worst

  08-10-2026 22:26 via rismedia.com
  The number is getting worrisome for buyers. This week Freddie Mac posted the new mortgage rate of 7.40%. Gulp. That’s a three-year high.  Luckily for Americans with imperfect credit they have more mortgage routes to investigate, but the easiest lender to say yes may also be the most expensive one to repay. For buyers already…
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• Vidal Discusses ‘Opportunity of a Lifetime,’ What’s Next for REMAX

  08-10-2026 21:27 via rismedia.com
  Above, Alex Vidal, right, and John Featherston at RISMedia’s CEO Exchange. Photo by AJ Canaria.  Five months after the April announcement of the Real Brokerage acquiring the iconic REMAX brand, Alex Vidal, former president of ERA Real Estate, was announced as the new president of REMAX in September.  Bringing nearly three decades of experience in…
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• UWM Announces Lender Now Defaults to Borrowers’ Best Credit Scores

  08-10-2026 21:19 via rismedia.com
  In an effort toward making credit evaluations simpler and more borrower-friendly, mortgage lender United Wholesale Mortgage (UWM) has announced a process enhancement that automatically selects the best credit score returned for a consumer by obtaining FICO® Scores and VantageScore® 4.0 on all credit pulls. The firm says the move will ensure it provides the borrower…
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• MRED Partners With Iowa-Based NoCoast MLS as Part of Platform Expansion

  08-10-2026 01:21 via rismedia.com
  Iowa-based NoCoast MLS and Chicagoland MLS MRED today announced a new partnership that they say will further connect real estate professionals throughout the Midwest, as MRED continues to pursue a national (and potentially international) expansion of its platform. Created by Iowa REALTORS®, NoCoast MLS serves approximately 1,300 real estate professionals through five participating REALTOR® associations…
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• Notes From Fed Meeting Cite AI, Tariffs and Geopolitical Conflicts for Rate Hike

  07-10-2026 21:19 via rismedia.com
  The mid-September Federal Reserve Open Market Committee (FOMC) meeting came with a unanimous vote to hike interest rates, after many economists predicted that outcome. Minutes from the meeting released today, however, reveal some of the thinking behind that decision. The minutes offer a closer look at the reasoning behind the Fed’s rate hike. Based on…
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• $100K Rents a House in Memphis, a One-Bedroom in San Jose

  07-10-2026 20:11 via rismedia.com
  New Zillow research found that where a six-figure earner lives can be the difference between renting a four-bedroom house with a yard and a 650-square-foot apartment. A $100,000 salary is a meaningful advantage in today’s rental market, translating directly into more space, more options and more financial breathing room. But earning six figures doesn’t offer…
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• Buyers Continue Holding Back; Refinance Applications Hit Lowest Point Since 2025

  07-10-2026 20:04 via rismedia.com
  Borrowers looking to purchase or refinance their homes continue to sit on the sidelines, hesitant to make a move as mortgage rates sailed past the seven-percent mark and arrived at their highest level in almost three years–at one point hitting 7.49% last week. The latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure…
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• As Housing Picture Dims, Agents Should Use Local Data to Tell the Right Story: Bright MLS Economist

  07-10-2026 19:05 via rismedia.com
  WASHINGTON, D.C.—Housing has been on a rollercoaster ride in the last two years, and 2027 is shaping up to be more of the same. Even though real estate has certainly seen its down cycles, this time is different, a leading economist told real estate executives last Friday at RISMedia’s 38th Annual CEO & Leadership Exchange.…
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• Price Cuts Reach September Record as Inventory Nears Pre-Pandemic Levels

  07-10-2026 19:03 via rismedia.com
  Higher mortgage rates are reshaping the fall housing market, pushing more sellers to reduce prices while fewer buyers move forward with a purchase, according to the recently released Realtor.com® September 2026 Monthly Housing Trends Report. The share of active listings with a price reduction rose to 20.8% in September, up 0.9 percentage points from a…
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• Another MLS Defies Compass, Says Brokerage Privately Endorsed Rules

  07-10-2026 18:49 via rismedia.com
  One day after Compass’s deadline for MLSs to change rules or get sued, another listing service is defying the mega-brokerage, with Texas-based Unlock MLS alleging Compass mischaracterizes its rules—and has also privately praised those same policies before threatening litigation. In a letter from Ellen Sessions, a lawyer representing Unlock, addressed to Compass and dated Oct.…
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• Report: Homeowners Confident in Making Mortgage Payments, Even as Credit Card Debt Grows

  07-10-2026 18:27 via rismedia.com
  As mortgage rates surpass the 7% threshold and revisions to the latest jobs report reveals a lackluster employment trend, buyers have continued to traverse a chaotic market with rising inflation against them. Yet, a recent study by nationwide mortgage lender and loan servicer Newrez reveals that despite financial struggles, homeowners are still confident in their…
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• Lofty Helps Pass Senate Bill 690 Into Law, Eliminating Private CIPA Claims Against California Businesses

  07-10-2026 18:08 via rismedia.com
  Lofty—the CRM and marketing platform for the real estate industry—announced a significant legal and legislative victory following California Governor Gavin Newsom’s signature of Senate Bill 690 (SB 690) into law, eliminating the private right of action for pen register claims under the California Invasion of Privacy Act (CIPA).  According to a release, SB 690 effectively…
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• United Real Estate Recognized Among Largest U.S. Franchisors for 10th Consecutive Year

  06-10-2026 21:12 via rismedia.com
  United® Real Estate has announced the company has been named to the Franchise Times Top 400 for the 10th consecutive year, earning a decade of recognition among the nation’s largest franchise organizations in systemwide sales. According to a release, United’s continued growth points to a shift underway among successful independent brokerages: Operating a real estate…
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• Mortgage Rates Hit 3-Year High; Economists Foresee Stalling Market

  02-10-2026 19:34 via rismedia.com
  The Federal Reserve’s new interest rate increase will likely be felt throughout the real estate industry, with mortgage rates surpassing last week’s data highlighting a two-year peak. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.28%, up from last week’s average of 7.03% and up from last year’s…
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• Labor Market Misses Projections; BLS Revisions Reveal a Downward Slope

  02-10-2026 16:13 via rismedia.com
  Unemployment continues to remain steady around the 4% range, according to the Bureau of Labor Statistics (BLS). The latest Employment Situation Summary from the BLS reports that the unemployment rate grew slightly—but not dramatically—to 4.2%, with the addition of 29,000 jobs. Previously, the unemployment rate sat at 4.1% for August. Categories like construction and manufacturing…
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• Regional Leaders Talk Success Strategies at CEO & Leadership Exchange

  02-10-2026 15:58 via rismedia.com
  Above, from left, Matt Widdows, founder and CEO, HomeSmart; Anthony Lamacchia, broker/owner and CEO, Lamacchia Realty, Inc.; DeAnn Golden, president and CEO, Berkshire Hathaway HomeServices Georgia Properties; and Tracy Hutton, CEO and owner, CENTURY 21 Scheetz. Photo by AJ Canarla. News coverage—both from mainstream media and real estate organizations—tends to focus on national trends. But…
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• Five Iconic Leaders Inducted Into RISMedia’s Prestigious Newsmakers Hall of Fame During Annual Awards Gala

  02-10-2026 15:16 via rismedia.com
  Above, five industry leaders including (second from left) Emmett Laffey, Marki Lemons Ryhal, Richard Haggerty, Mike Hickman and (not pictured) Steve Morris, were inducted into RISMedia’s Newsmakers Hall of Fame during its 2026 Annual Awards Gala at the CEO & Leadership Exchange in Washington, D.C. Left, RISMedia’s Maria Patterson and far right, John Featherston. Photo…
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• James Dwiggins: ‘It’s Time to Stand Up to Bullies’

  01-10-2026 21:17 via rismedia.com
  Above, NextHome President James Dwiggins at RISMedia’s 38th Annual CEO & Leadership Exchange. Photo by AJ Canaria. WASHINGTON, D.C.—Real estate has always been a competitive industry, but other brokers aren’t your biggest threat. That’s according to panelists at RISMedia’s 38th Annual CEO & Leadership Exchange who sounded the alarm that decision-makers should direct their energy…
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