Where Real Estate Gets Its Dirt

New CMLS board members announced

Council Of Multiple Listing Services Names New Officers and Board Members For 2018

“New directors elected to three-year terms include: Glenn Christoph, CEO of Intermountain MLS (Idaho); Mike Cotrill, CEO of Greater Tulsa Association of REALTORS® (Oklahoma); Anne Marie DeCatsye, CEO of Charlotte Regional REALTOR® Association/Carolina MLS (North Carolina); and Sam Scott, director of information at Houston Association of REALTORS® (Texas).”

Andy Woolley was also named as a new “Business Partner Director”, he joins Lucie Fortier and Mike Wuzer who are already serving.

David Charron (CMLS President this year) is certainly stacked with talent this year. Congrats to everyone!

There and back again

Premier Provider of Software and Data and Analytics Solutions Rebrands as Black Knight

” Black Knight Financial Services, Inc. (BKFS) announced today that, effective upon the completion of the previously announced distribution by Fidelity National Financial, Inc. (FNF) of its equity interest in Black Knight Financial Services, Inc., it will be rebranding as Black Knight, clarifying its position as a leading provider of software, data and analytics to the nation’s top financial institutions.”

I love the fact that they don’t mention FNF in the title of this press release. Foley is relentless.

Long and Foster sold to HomeServices

Long & Foster sold to Warren Buffett company

“The acquisition price was not disclosed. Warren Buffett is the CEO of Berkshire Hathaway. HomeServices of America gets a company with a 50-year track record, $29 billion in sales volume last year, about 11,000 real estate agents and more than 230 offices across the mid-Atlantic, New Jersey and North Carolina. Long & Foster’s Prosperity Mortgage business originated $3.3 billion in home loans last year.

Long & Foster will continue to be run by its existing management, with founder Wes Foster serving as chairman emeritus. Long & Foster president and chief operating officer Jeff Detwiler will become CEO.

“Finding the right partner to maintain the legacy, culture, and integrity of Long & Foster was of utmost importance to me,” said Foster. “I couldn’t be more pleased that we are joining an organization known for its impeccable reputation and commitment to protecting brands. Joining HomeServices ensures that our history of market leadership and industry expertise continues.”

Monster deal.

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