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Real estate brokers who work with lenders can not receive any compensation from the lender for referring a residential client to a specific lender. To do so would be a violation of a United States federal law known as the Real Estate Settlement Procedures Act (RESPA). RESPA ensures that buyers and sellers are given adequate notice of the Real ...
The commercial real estate market is still reeling from the aftermath of the pandemic—and 2023 was a particularly bad year for the sector. Last fall, Julie Whelan, CBRE’s global head of ...
Cresa was founded in 1993 when Avalon Partners, headed by Bill Goade, formed an alliance with four other commercial real estate firms: Prevé Liberatore & Barton in Miami, Cooper/Brady in San Jose and Palo Alto, Tanguay Burke Stratton in Chicago, and Metrospace of Los Angeles.
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
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Several more additions to service capabilities came in the 1990s under the direction of Bill Matthews, who was named managing partner in 1993. That same year, Plante Moran Financial Advisors registered with the SEC, and just one year later, Plante Moran Cresa (commercial real estate advisors, now Plante Moran Realpoint) was formed.