Weekly Real Estate News Quiz: Think You're Up On The Biggest Headlines?
A group of top Keller Williams earners, market center owners and regional leaders have gotten their way: As of April 1, 2020, KW associates that jump ship to a competitor will no longer be able to receive profit shares from the company’s lifelong revenue program.
The policy is not retroactive and will only apply to associates that join on or after April 1.
Two days after the planned demolition of the Affiliated Computer Services building on Haskell Avenue in downtown Dallas on Sunday, one pesky piece of the 11-story tower remains standing.
Although most of the building collapsed in an implosion on Sunday, the core of the tower, containing a stairway and elevator shaft, is still standing, though not as straight as it used to. In the meantime, residents are having a grand time with the city’s new “Leaning Tower of Dallas.”
NextHome, the real estate franchise with a flexible spending model, has been named the top real estate franchise by Franchise Business Review for 2020 and snagged third place overall, as announced at the International Franchise Association Convention on February 9.
Franchise Business Review is a market research firm in the franchising industry that studies satisfaction and performance of franchisees.
Homes. In other words, its iBuyer, Zillow Offers.
The Gunderman Group, a high-profile 18-person team based in California’s Bay Area, revealed Monday that it is leaving a Sotheby’s International Realty franchise and joining Keller Williams.
Keller Williams co-founder and co-owner Gary Keller formally announced the transition Monday morning at his company’s “Family Reunion” conference in Dallas, Texas. The Gunderman Group will now be a part of KW Oakland, a Keller Williams franchise based in its namesake city. It had previously been a part of Golden Gate Sotheby’s International Realty.
Hopefully workers in San Jose, California, like their jobs — or have a lot of roommates. For the average wage earner in the city, it would take a whopping 76 hours of work a month to afford rent, according to a new study by SmartAsset.
The personal finance technology company reports that the median monthly rent in San Jose is $2,161, which equates to nearly $26,000 per year. Yet, the median worker residing in San Jose makes $40,596 annually after taxes, making their hourly wage about $28. Crunch those numbers, and that means the typical worker in San Jose must work over 76 hours per month in order to pay rent.
Moments after solidifying his presidential run with impressive primary poll results from Marist, former New York City mayor Michael Bloomberg released his financial reform policy, which includes reinstating tougher banking and trading regulations axed by the Trump administration.
However, Bloomberg’s plan to merge Freddie Mac and Fannie Mae has garnered the most attention within the real estate and mortgage industries, as the companies work to end a 12-year government conservatorship.
Two high-profile agents in major East Coast markets switched brokerages this week, in one case leaving Compass for a Sotheby’s International Realty franchise, and in the other case going in the opposite direction from Sotheby’s to Compass.
All of the above.
Maybe all the politics in the air is starting to get to people in our nation’s capitol and elsewhere.
A recent survey by LawnStarter, a national lawn and landscaping service company, showed that homebuyers in the District of Columbia and Wyoming are the least satisfied in the nation with their home purchases, largely because of unfriendly neighbors, and in the case of Wyoming, the added factor of a poor job market.