Lim, who vacated the presidency of Christie’s International Real Estate in 2023, will be tasked with growing RE/MAX at a time when the brokerage has struggled with falling revenue and U.S. agent count.
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California Governor Gavin Newsom is stepping in to protect homeowners affected by the Palisades, Eaton, Hurst, Lidia, Sunset, and Woodley wildfires from unsolicited land offers. Newsom issued Executive Order N-7-25, which prohibits speculators from making “aggressive, unsolicited and undervalued” cash offers to homeowners across 15 Los Angeles ZIP codes for 90 days from Jan. 6.
Investors bid up shares of mortgage lenders and real estate companies after “relatively benign” CPI report ends speculation that inflation worries might force the Fed to raise rates this year.
Jarrod Grasso will lead the trade group’s efforts to “deepen engagement with state and local associations, MLS executives and other critical industry partners.”