Lori   Newsom

Lori Newsom

Realtor

License #: 0000335473

Plum Tree Realty

Mobile:
513-382-1400
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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.

‘Godspeed’: Enforcement of NAR settlement changes shifts to MLSs

USA Real Estate News-Inman - Wed, 2024-05-08 04:00
At the Realtors Legislative Meetings earlier this week, MLS executives were told they would be responsible for making sure real estate agents and brokers follow the new commission rules.

Showcase your team’s success: Enter the Inman Innovator Awards

USA Real Estate News-Inman - Wed, 2024-05-08 04:00
Join us in celebrating real estate's best and brightest innovators at Inman Connect Las Vegas, July 31 to Aug. 1. Submit your nomination now for the 2024 Inman Innovator Awards.

How to ignore the legal drama and focus on the opportunity

USA Real Estate News-Inman - Wed, 2024-05-08 03:00
While you need to be aware of the changes going on in the industry, CEO Verl Workman writes, you also need to make sure to keep your focus on what you can control.
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Featured Listing

105 Central Terrace, 1804087, Wyoming, Single-Family Home,  for sale, Lori  Newsom, Plum Tree Realty

Remarkable! Cul-de-sac lot on private drive on most desirable street. Enjoy over 6,000+ sq finished feet! Soaring 10-13 ft ceilings, open floor plan, custom built to perfection! 3 car garage, 1st floor primary suite w/ deluxe bath, large walk in closet & sitting room. Gourmet kitchen offers top of the line appliances, island for 6, granite CC, breakfast room & double pantry. Great room w/ gas fireplace walks out to patio. 1st floor study. Entrance w/limestone floor & one of a kind mahogany artisan double entry doors, sound system. LL w/game room, family room, enormous storage rooms, lots of built ins, 8ft solid core doors throughout. 4 full & 2 half baths. Dual zone HVAC (main furnace installed 2021), new GAF roof 2017 (50 yr), driveway repaved 2023. Homearama builder Daniels Homes. Current owners had this home built w/the most durable & custom materials. To replicate in todays market would be well over $3,500,000!

View 105 Central Terrace

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