David A. Verbera

David A. Verbera

Broker/Owner

License #: CalDRE#00878672

Realty World - Villa California

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CoStar eyes ‘ambitious’ investment in residential following banner Q1

USA Real Estate News-Inman - Fri, 2022-04-29 16:09
The commercial behemoth is ramping up spending by as much as $220 million, with "well over" 1,000 people overhauling its residential websites, CoStar CEO Andy Florance said during an earnings call Friday.

Experts Say Elevated Gas Prices Pose Additional Burden on Buyer Preferences

USA Real Estate News-RISMedia - Fri, 2022-04-29 14:04

As rising inflation continues to send ripples throughout the U.S. economy, consumers nationwide are left shouldering the additional cost of goods and services, which have strained their monthly budgets. This has been particularly evident at the gas pump as the cost of a fill-up has surged in recent months.

CoStar Reveals Strong Q1 Earnings, Aims at Rents and Residential

USA Real Estate News-RISMedia - Fri, 2022-04-29 14:03

CoStar reported strong Q1 earnings this week, as the commercial real estate conglomerate saw its stock spike following a 13% year-over-year revenue increase at $516 million, beating projections.

“We are off to an outstanding start to 2022 with our best sales quarter ever,” said Andrew C. Florance, founder and CEO of CoStar Group, in a statement. “Both revenue and profit in the first quarter of 2022 were ahead of forecast and we are raising our guidance for the year.”

RE/MAX Hits Revenue, Agent Recruitment Targets

USA Real Estate News-RISMedia - Fri, 2022-04-29 14:02

With 25.9% revenue growth to reach $91 million and increasing its agent count by 1.6%both slightly above projections—franchise behemoth RE/MAX appears poised to weather a less-aggressive market this year as it focuses on its Motto Mortgage franchises and grabs international market share.

RE/MAX Hits Revenue, Agent Recruitment Count Targets

USA Real Estate News-RISMedia - Fri, 2022-04-29 14:02

With 25.9% revenue growth to reach $91 million and increasing its agent count by 1.6%both slightly above projections—franchise behemoth RE/MAX appears poised to weather a less-aggressive market this year as it focuses on its Motto Mortgage franchises and grabs international market share.

NorthstarMLS CEO John Mosey Retiring After 40 Years in Real Estate

USA Real Estate News-RISMedia - Fri, 2022-04-29 14:01

NorthstarMLS has announced that CEO John Mosey is set to retire later this year after 20 years at the helm of the Regional Multiple Listing Service of Minnesota, Inc, (dba NorthstarMLS), and more than 40 years collectively working in the real estate industry.

NorthstarMLS CEO John Mosey to Retire After 40 years in Real Estate Industry

USA Real Estate News-RISMedia - Fri, 2022-04-29 14:01

NorthstarMLS has announced that CEO John Mosey is set to retire later this year after 20 years at the helm of the Regional Multiple Listing Service of Minnesota, Inc, (dba NorthstarMLS), and more than 40 years collectively working in the real estate industry.

MoxiWorks Furthers MLS Expansion With New VP

USA Real Estate News-RISMedia - Fri, 2022-04-29 14:00

MoxiWorks has announced that Troy Rech has joined the company as vice president of MLS Sales. Rech’s responsibilities include heading up the MLS sales arm of MoxiWorks and working with local and state REALTOR® associations. Prior to joining MoxiWorks, Rech’s 20-year career in the MLS space included roles as chief growth officer for Bright MLS, the senior sales leader for CoreLogic’s Real Estate Solutions Group and co-founder of Clareity.

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