The National Association of Realtors (NAR) recently reached a landmark settlement that could reshape the real estate landscape. This agreement eliminates the longstanding practice of standardized broker commissions, typically set around 6% of the purchase price. Instead, home buyers and sellers will negotiate fees directly with their agents. This shift has significant implications for customers, real estate agents, and the industry as a whole. Let's delve into the potential impact and explore how the industry can adapt to thrive in this new environment. Customer Impact: A Double-Edged Sword C ..read more

The world of tennis is abuzz with excitement as the prestigious Miami Open returns for its annual showcase from March 17 to March 31. Held at the iconic Hard Rock Stadium, this two-week extravaganza promises to captivate audiences with thrilling matches, star-studded lineups, and a plethora of off-court activities. In this article, we'll delve into what makes the Miami Open a standout event on the tennis calendar, highlight some of the top-ranked players set to compete, and explore the myriad attractions awaiting attendees throughout the tournament. Top-Ranked Players Set to Shine in the Miami ..read more

Miami is set to be engulfed in a whirlwind of excitement as Formula 1 makes its much-anticipated return for the May 3-5 weekend extravaganza. With the city already abuzz with anticipation, this event promises to be a highlight of the motorsport calendar. From the star-studded lineup of teams and drivers to the array of activities spanning three action-packed days, Formula 1 enthusiasts are in for an unforgettable experience. Let's delve into what awaits during this adrenaline-fueled weekend of speed and spectacle. Formula 1 Thrilling Lineup of Participating Teams and Drivers: The Miami Grand P ..read more

Miami will be hosting Super Bowl LVII on February 12, 2026, at Hard Rock Stadium. This will be the 11th time that Miami has hosted the Super Bowl, more than any other city. Miami is a city that is known for its vibrant culture, stunning beaches, and world-class amenities. The city is also home to a passionate fan base that loves football. Miami is ready to shine once again as it hosts Super Bowl LVII in 2026. The city has everything it needs to make the event a success, including a state-of-the-art stadium, a variety of hotels and accommodations, and a wide range of restaurants and entertainm ..read more

Miami-Dade County is expanding its cruise terminal at PortMiami. The expansion is expected to be completed in 2025 and will allow the port to accommodate larger and more cruise ships. The expansion project is expected to have a significant impact on the Miami-Dade County economy. The project is expected to create jobs, boost tourism, and generate billions of dollars in economic activity. The Need for Expansion PortMiami is one of the busiest cruise ports in the world. In 2023, the port handled over 5 million cruise passengers. However, the port's existing cruise terminals are not able to acco ..read more

NAHREP, the National Association of Hispanic Real Estate Professionals, held its annual conference, NAHREP at L'Attitude, in Miami Beach, Florida, from December 6th to 8th, 2023. This year's event, themed "Beyond Transactions, Towards Transformation," aimed not only to empower Latino professionals in the real estate and mortgage industries but also to foster a sense of community and advocate for transformative change within the Hispanic population. Building on Success: A Look Back at NAHREP at L'Attitude The conference boasted impressive attendance, drawing participants from across the nation ..read more

In a recent case that has sent shockwaves through the investment community, a Miami hedge fund manager has pleaded guilty to operating a multimillion-dollar Ponzi scheme. Michael Wayne Williams, 48, of Miami, was the chief executive officer and investment manager of Highguard Capital and its affiliated entities, Guardian Opportunity Fund and Guardian Opportunity Management. Williams convinced investors to invest in Guardian Opportunity Management by promising them high returns with low risk. However, Williams never actually invested the money in the stock market or other financial instruments ..read more

Miami-Dade County is launching a new public transportation app called "GO Miami-Dade" in October 2023. The app will allow riders to plan their trips, track buses and trains in real time, and pay for fares using their smartphones. The GO Miami-Dade app is a significant development for public transportation in Miami-Dade County. The app will make it easier and more convenient for riders to use public transportation. The app will also help to reduce traffic congestion and improve air quality. The Features of the GO Miami-Dade App The GO Miami-Dade app will offer a variety of features, including ..read more

In a surprise move, investors in the shuttered development firm Location Ventures have paid $30 million for the site of the Edition Residences Ft Lauderdale, a boutique condominium project that was previously planned by the company. The buyers, Alex Kleyner and Diana Ullis, are Miami Beach-based investors who heavily invested in Location Ventures and are currently suing its founder, Rishi Kapoor. They acquired the 1.58-acre property at 551 Bayshore Drive from Bayshore Concepts LLC, a Fort Lauderdale-based entity led by Par Sanda. The purchase is a sign that Kleyner and Ullis are confident in ..read more

Miami will be one of 16 cities in the United States to host matches during the 2026 FIFA World Cup. Hard Rock Stadium will host six matches, including one quarterfinal match. The 2026 FIFA World Cup will be the first World Cup to feature 48 teams, up from the current 32. The tournament will also be the first World Cup to be hosted by three countries: the United States, Canada, and Mexico. Miami is a city that is known for its vibrant culture, stunning beaches, and passionate fan base. The city is also home to a world-class stadium and a variety of hotels and accommodations. Miami is ready to ..read more