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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...
Rocket Companies Taps Jonathan Mildenhall as Chief Marketing Officer

Rocket Companies Taps Jonathan Mildenhall as Chief Marketing Officer

by Phil Hall | Jan 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Rocket Companies (NYSE: RKT) announced the appointment of Jonathan Mildenhall to the newly created position of chief marketing officer (CMO), effective Jan. 8. In this new role, Mildenhall will be responsible for creating a unified and compelling voice for all...
Alberto G. Musalem Named President and CEO of St. Louis Fed

Alberto G. Musalem Named President and CEO of St. Louis Fed

by Phil Hall | Jan 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve Bank of St. Louis announced the appointment of Alberto G. Musalem as its next president and CEO, effective Apr. 2. Musalem succeeds Jim Bullard, who resigned from his role in July 2023 to become dean of the business school at Purdue University....
Rebecca Malmquist Elevated to 2024 President of the International Association of Assessing Officers

Rebecca Malmquist Elevated to 2024 President of the International Association of Assessing Officers

by Phil Hall | Jan 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Rebecca Malmquist has assumed the office of 2024 President of the International Association of Assessing Officers (IAAO). In her new role, Malmquist will serve as chairwoman of the IAOO’s board of directors and will preside over all meetings of the board and...
Another Missouri Lawsuit Takes Aim at Brokers’ Commissions

Another Missouri Lawsuit Takes Aim at Brokers’ Commissions

by Phil Hall | Jan 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Two months after the verdict in the Sitzer/Burnett trial rocked the real estate profession, another lawsuit was filed in Missouri challenging the commission structures of real estate professionals. Maryland resident named Daniel Umpa filed a complaint in the U.S....
Study: 3D Printing in Construction Industry to Reach $3.3 Billion by 2031

Study: 3D Printing in Construction Industry to Reach $3.3 Billion by 2031

by Phil Hall | Jan 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The 3D printing in construction industry is expected to increase by a compound annual growth rate of 40.3% and reach a market value of $3.3 billion by the end of 2031, according to a new report by Transparency Market Research Inc. The growth trajectory is attributed...
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