News Archives — RISMedia

Jury Awards Florida Broker $47.8M in Damages After Six-Year Fight Over Commission

Beth McGuire — Thu, 11 Jun 2026 19:22:17 +0000

A six-year legal battle over a stolen commission in Miami-Dade County concluded last month with a jury awarding a broker $47.8 million in damages, one of the highest wherein a jury authorized and awarded punitive damages in a Florida broker commission dispute, according to the plaintiff’s attorney. The case dates back to 2018, long before…

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Redefining Real Estate Technology With Agentic AI

Devin Meenan — Thu, 11 Jun 2026 18:02:28 +0000

As we usher in the next phase of artificial intelligence in real estate, Lofty is shifting the focus from siloed, task-oriented tools to proactive, goal-oriented autonomy with Lofty AOS—the industry’s first agentic AI operating system. While most AI used by agents and brokerages has, until now, primarily responded to prompts and offered insight—still requiring manual…

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Navigating Today’s Opportunities and Challenges

Devin Meenan — Thu, 11 Jun 2026 17:47:18 +0000

Above, from left, Ginger Holmes and Tonya Hamilton Ginger Holmes Owner/Managing Broker Tonya Hamilton Vice President, Relocation and Business Development Berkshire Hathaway HomeServices Woodmont Realty Brentwood, Tennessee https://www.bhhs.com/woodmont-realty-tn301 Region served: Middle Tennessee Years in real estate: 35 (36 as a company) Number of offices: 2 Number of agents: Approx. 120 Favorite relationship-building strategy: Stay in…

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Rates Tick Up but Housing Market Showing Resilience

Beth McGuire — Thu, 11 Jun 2026 17:34:53 +0000

Following a slight average mortgage rate increase this week, economists are pointing to a slow summer housing market ahead and even a possible interest rate increase, but recent housing reports show the market continues to hold steady. The average 30-year fixed mortgage rate increased to 6.52% from 6.48% last week, according to the latest Primary…

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Report: Mortgage Payments Down, Inventory Up as Housing Fights Against High Rates

Claudia Larsen — Thu, 11 Jun 2026 16:21:39 +0000

Despite mortgage rates remaining elevated due to ongoing economic pressures stemming from the Middle Eastern conflict, the market continues to paint a picture of resilience as this spring sees many signs grow historically better. Zillow’s May Market Report saw monthly mortgage payments on a typical home (currently valued at $368,720) clock in at $1,861 (assuming…

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Google Goes Nationwide With Listings Amid Widespread Industry Disruption

Jesse Williams — Thu, 11 Jun 2026 16:09:41 +0000

Google’s effort to embed listings directly into its world-dominant search engine just expanded nationally as the tech mega-company leans into the scramble for listing control and display. Starting this summer—but currently limited only to mobile—consumers across the country will see entire listings with photos, pricing, home characteristics and the identities of listing agent and brokerage…

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Midyear Momentum: What’s Driving Success in 2026

Claudia Larsen — Thu, 11 Jun 2026 14:35:20 +0000

As the market continues to shift heading into the second half of the year, with rising home prices and growing inventory shaping the landscape amid broader economic uncertainty, real estate leaders are riding the wave of momentum as they plan for the months ahead. To gain insight into how real estate professionals are guiding their…

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Danny Hernandez on Building Realty ONE Group’s Global Footprint

Paige Brown — Thu, 11 Jun 2026 14:24:39 +0000

For Danny Hernandez, real estate has never been only about closing deals—it’s about the families on the other side of them. Over 36 years in the industry, he has helped thousands of them reach the closing table, an experience that now informs how he leads Realty ONE Group’s expansion beyond U.S. borders. As Vice President,…

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CMLS Announces Jessica Edgerton, LeadingRE Legal Chief, as New CEO

Jesse Williams — Thu, 11 Jun 2026 12:44:41 +0000

Above, Jessica Edgerton (courtesy of CMLS) Amid a fundamental reorganizing of the MLS space, the Council of Multiple Listing Services (CMLS) announced that Jessica Edgerton, a lawyer who previously served in high-profile leadership roles at Leading Real Estate Companies of the World® (LeadingRE) and as a lawyer for the National Association of Realtors® (NAR) will…

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The MLS as Data Steward: How Data Decisions Shape Your Market

Devin Meenan — Wed, 10 Jun 2026 20:32:56 +0000

Decisions about data vendors are, at their core, decisions about operational efficiency and marketplace integrity. MLSs serve as the governing institutions of their local real estate markets. They establish rules of cooperation, ensure accurate and timely information and provide the shared system that enables professionals to serve consumers effectively. At the center of that responsibility…

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