Scarlett  Justice

Scarlett Justice

Broker/Owner

License #: 00880852

The Justice Team

Mobile:
916-804-3500
Office:
916-804-3500
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Redfin Q1 Revenue Rises, but Net Losses Up as Well From 2023; CEO Notes New Normal

USA Real Estate News-RISMedia - Wed, 2024-05-08 10:04

One day after deciding to settle commission lawsuits with a proposed $9.25 million-dollar payout, Redfin, in a May 7 Q1 earning report, showed solid first quarter revenue of $225.5 million, an increase of 5% compared to the first quarter of 2023. Gross profit was $70.8 million, an increase of 22% year-over-year. Real estate services gross…

The post Redfin Q1 Revenue Rises, but Net Losses Up as Well From 2023; CEO Notes New Normal appeared first on RISMedia.

Buyers seek surprise injunction to halt commission suit settlements

USA Real Estate News-Inman - Wed, 2024-05-08 09:54
The plaintiffs in a suit known as Batton 1 have filed for a temporary restraining order preventing the final approval of the Keller Williams, Anywhere and RE/MAX settlements.

US home prices rise in 93% of all housing markets in Q1, NAR says

USA Real Estate News-Inman - Wed, 2024-05-08 09:40
Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday.

Settlements Face 11th Hour Delay in Dispute Over Buyer Immunity

USA Real Estate News-RISMedia - Wed, 2024-05-08 07:54

Plaintiffs in Batton, the largest commission-focused case filed by homebuyers, are seeking to delay approval of settlements that brokerages agreed to in cases filed by homesellers, according to a court filing today, claiming at least two companies are attempting to squeeze in immunity from buyer claims at the last minute. With the final approval hearing…

The post Settlements Face 11th Hour Delay in Dispute Over Buyer Immunity appeared first on RISMedia.

Constant Contact’s new AI release executes marketing campaigns

USA Real Estate News-Inman - Wed, 2024-05-08 07:00
Email marketing company Constant Contact has rolled out Campaign Builder, an AI solution to automatically generate long-term marketing campaigns.
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