Foo Fighters sue RE/MAX in Australia?
June 15, 2010
BREAKING NEWS: We are currently trying to get information at this time, but according to two at least two blog sources, the Foo Fighters are taking legal action against RE/MAX – Australia in the Federal court over the use of a “riff” created by them in an advertisement aired on Australian TV. Accounts of the legal action are here. According to these accounts, the band band is seeking unspecified damages in the Federal court.
We currently have calls in to all parties involved and will update this post as more information arrives. If true, what this does emphasize is that a) regardless of whether you hire an independant party to create your advertising copy, it needs to be vetted to make sure that no copyright issues are involved. b) even when you are careful, copyrights can be challenged where people have such open access to each other. (In this case, it was apparently a comment made in an online forum that led to the issue.)
According to the blog post linked above, Nicholas Thiele, RE/MAX’s director of their Australia region, claims that they would not knowingly infringe on a copyright.
More news as it arrives…
John E. Foltz sued by Realty Executives Inc.
June 2, 2010
Inman news is reporting today that Realty Executives Inc. president John E. Foltz is being sued by Realty Executives Inc. The suit alleges that Mr. Foltz of fiduciary misconduct and breach of conduct.
Mr Foltz has denied the allegations through his attorney claiming that this is an employment contract dispute and that Mr. Foltz is due all of the compensation as included in his contract with the company, which runs through 2015. More news on this story as it becomes available.
Keller Williams CEO Anounces KW Worldwide
May 19, 2010
Mark Willis, CEO of Keller Williams International announced at the 2010 KW Family Reunion the company was laying the ground work to expand beyond North America.
On May 6th, 2010, it was announced that Chris Heller of The Heller Real Estate Group and Operating Principal of the Carmel / Del Mar, California Market Center would take the helm as President of KW Worldwide.
Through 2010 Mr. Heller and a team of researchers will determine exactly where the company will begin its worldwide expansion. The first destination will be announced at Family Reunion 2011.
Keller Williams offers real estate sales training via KWConnect
May 18, 2010
Keller Williams Realty provides agents with sales training delivered through streaming videos to all KW agents.
Keller Williams University (KWU) is the delivery mechanism for real estate agent educational programs with content targeted at agents of all experience levels from the new agent through to the 7th Level mega-agent.
The KWU content is delivered in many formats such as WORD documents, EXCEL spreadsheets, and includes a multitude of manuals and study guides in PDF format.
To enhance all of these materials KWConnect was created to stream videos related to the use and implementation of tools, guides, scripts, and business building skill sets offered through these courses.
To sample KWConnect you may visit KWConnect Guest Pass.
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Better Homes and Gardens / Pantone partner to provide tools to agents and sellers
May 4, 2010
Better Homes and Gardens and Pantone announced today that they will be working together to provide interactive tools and expertise to agents and sellers on color choices when remodeling or staging their homes for sale.
“If you are selling a home right now, chances are you have a lot of competition and are doing whatever you can to retain every bit of appreciation,” said Sherry Chris, president and CEO of Better Homes and Gardens Real Estate. “The strategic partnership program between Better Homes and Gardens Real Estate and Pantone will allow our real estate agents and their clients to have access to the technical expertise and interactive tools that will enable them to accurately and effectively stage homes.”
According to the press release, this goes far beyond the simple “color wheel” and more into the science of
RE/MAX re-launches recruiting website
May 4, 2010
The pitched battle for momentum between franchisors in the real estate industry continues with REMAX International re-launching the website JoinREMAX.com according to an announcement sent out to industry brokers. The revised site will be accompanied by increased advertising and a more thorough explanation of the benefits and branding of the RE/MAX organization according to the announcement.
RE/MAX Utilizes Roku IPTV to Replace Satellite Network
March 15, 2010
RE/MAX recently rolled out RE/MAX University’s new training platform. It utilizes IPTV (Internet based TV) as opposed to Satellite as a delivery vehicle. This move is expected to accomplish two major objectives:
1) By moving to an IP based system, affilliates can access training on demand via their TV. This is a simple to use platform that will pick up any high speed internet connection. This even allow RE/MAX agents the ability to get continuing educations and earn designations from their TV without waiting for the satellite network. It is accessible 24/7
2) This is expected to reduce costs for the franchise network. While no figures were available at the time of this writing
Century 21 franchisor in China going public?
January 6, 2010
It was reported today on Blogging Stocks that the company with the exclusive franchise rights to the Century 21 brand in China, IFM, has started to fill out the needed paperwork to proceed with an IPO.
So far, IFM has the largest network of real estate offices in China, with more than 1,000 locations across 34 major cities. There are roughly 14,900 agents and staff, which manage 4.7 million property listings. With its heft, IFM is ranked #3 in terms of real estate volume in China.
Morgan Stanley and Goldman Sachs are reportedly the lead underwriters on the IPO.
Art Bartlett Co-founder of Century21 dies after long illness
January 3, 2010
According to a press release this morning, Century 21 co-founder Art Bartlett has passed away after a long illness at the age of 76.
“Art was a legend whose actions helped to write the very history of real estate and franchising,” says Century 21 Real Estate LLC President and CEO Tom Kunz. Bartlett created the concept of regional franchising and has been deemed the “father of conversion franchising” — converting existing small businesses into franchises.
“His vision, combined with his dynamic charisma and determination have positively touched the lives of generations of real estate brokers, agents and the millions of people for whom they help find homes globally,” adds Kunz.
Keller Williams Family Reunion 2010 Agenda
December 30, 2009
Keller Williams has announced the Agenda for their Family Reunion scheduled for February 20th through 24th in New Orleans, LA. While not all of the details on speakers are clear yet, they have an Agenda page on their website here that is to be updated as details are finalized.
The event is expected to draw thousands to New Orleans and provide much economic stimulus to the area. Convention Fees are currently $499.
