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NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict

NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict

by Phil Hall | Jan 9, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) and the residential brokerages that were found liable in October for a $1.8 billion verdict in the Missouri-based Sitzer/Burnett trial have asked a federal judge to either reject the verdict or grant a new trial. According to...
RE/MAX Added 24 U.S. Offices During Q4 2023

RE/MAX Added 24 U.S. Offices During Q4 2023

by Phil Hall | Jan 9, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE:RMAX), announced that it added 24 offices in its U.S. company-owned regions during the fourth quarter of 2023, bringing nearly 330 agents to the brand. The recent additions are a mix of eight new brokerage openings,...
Tracy Kasper Resigns as NAR President Following Attempted Blackmail Attack

Tracy Kasper Resigns as NAR President Following Attempted Blackmail Attack

by Phil Hall | Jan 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) announced that Tracy Kasper resigned as its 2024 President after being targeted in a blackmail attack. NAR issued a statement that Kasper “recently received a threat to disclose a past personal, non-financial matter unless...
Greg Voyentzie to Lead Greystone’s LIHTC Syndication Platform

Greg Voyentzie to Lead Greystone’s LIHTC Syndication Platform

by Phil Hall | Jan 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Greystone, the New York City-headquartered commercial real estate finance company, has hired Greg Voyentzie as head of a new Low Income Housing Tax Credit (LIHTC) syndication platform that will support the development and construction of new affordable housing across...
New York Attorney General Seeks Lifetime Ban for Trump from the State’s Real Estate Industry

New York Attorney General Seeks Lifetime Ban for Trump from the State’s Real Estate Industry

by Phil Hall | Jan 5, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

New York Attorney General Letitia James is seeking a lifetime ban on former President Donald Trump from the real estate industry in the state, along with a $370 million fine against Trump and his companies. According to combined media reports, James is also seeking...
NAR Records 1.67% Year-Over-Year Decline in Membership

NAR Records 1.67% Year-Over-Year Decline in Membership

by Phil Hall | Jan 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) ended 2023 with 26,367 fewer members, a 1.67% year-over-year. According to its latest membership report, NAR had 1,554,604 members as of Dec. 31, 2023 – on that day in 2022, the organization had 1,580,971 members, which was...
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