Disruption is hitting the real estate industry more than other industries, and at a faster rate, or so it seems to those of us who watch the daily, sometimes hourly, changes from our North Texas perches. Speaking of Perch, there are iBuyers looming on the horizon — even mainstream media is starting to pay attention. That big, hairy-scary class-action “bombshell” lawsuit,  the one that could upend the U.S. real estate industry by forcing changes in how buyer’s agents are compensated (negotiate commission between buyer and agent individually, not dictate the commission to be paid by the home seller) has been amended: more plaintiffs and defendants have been brought in, and the suit is now emphasizing the role commissions and MLS groups play in “steering buyers”, potentially raising costs for sellers. 

Executives and agents are migrating, leaving traditional brokerages, heading towards perceived greener pastures with brokers married to technology, but not necessarily married to an office. 100% commission split brokerages are thriving and rising, with Frisco-based JP and Associates Realtors® (JPAR) taking the charge. 

JP and Associates is excited to announce that Geoff Lewis is joining JPAR as President of Vesuvius Holdings, LLC. Vesuvius is the parent company of JP and Associates Realtors and JPAR Franchising.

Geoff Lewis was most recently President of RE/MAX Holdings, LLC. where he worked for thirteen years. Lewis retired from RE/MAX in early 2018. RE/MAX, with those familiar red signs, is considered the largest real estate brokerage in the world. It was founded in 1973 by David and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 115,000 agents provide RE/MAX a global reach of over 100 countries and territories. Nobody in the world sells more real estate than RE/MAX as measured by total residential transaction sides, which led the company to a post-recession record high in U.S., Canadian and worldwide agent count (100,000+ agents in 100+ countries) and franchise sales. Geoff served on several several industry boards and is widely respected within the industry.

Geoff Lewis was instrumental as a member of the RE/MAX senior team in guiding the organization through a tumultuous 12 years.  He was a part of the team that repurchased almost a dozen regional privately owned master franchises, was a member of the team that guided the firm to its public offering and was important to the organization in so many other, less visible ways.  REAL Trends always found Geoff to be bright, engaging and thoughtful in our dealings with him.  Along with the RE/MAX family we wish Geoff only the very best in his future endeavors: Steve Murray, President, REAL Trends Inc.

Mr. Lewis was ranked in the top fifteen in the Swanepoel Power 200 list of industry leaders.

In citing his reasons for joining JPAR, Mr. Lewis stated: “our industry is ripe for disruption.”

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I don’t know why, but these pea-green bathrooms straight from the 1950’s fascinate me. Our very first home in Dallas (on Ainsworth, northwest Dallas) has this same green tile mudded in. I love that the owners of this house took that green to the max, painting the cabinets an even darker shade of green with the closet door to match. Oh yes, the walls: green too!

So here you have it, a St. Paddy’s Day green loo, all for you!

This home is somewhat of a deal, too, especially if you love Midcentury Modern…

Wait, no that is not the home. But that is what it COULD be with a little effort. (more…)

JP & Associates just wrapped the firm’s annual conference last weekend in Dallas, ending the whirlwind event with a star-studded awards ceremony, food, drink, and the famous Dallas band, Emerald City. It happened at Gilley’s and about 1,400 from D/FW, Austin, San Antonio, North Carolina, and even Florida attended.
 
This year marks the largest JPAR annual awards celebration to date.
 
And now the fast-growing Texas-based brokerage is offering all agents access to an associated health plan and retirement benefits. This move follows JPAR’s push to franchise last summer.

“I could not be more excited for our agents,” said JP Piccinini, founder and CEO of JP & Associates Realtors. “With the latest additions to our company, our Realtors now have options regarding health insurance and retirement plans.”Agents with the company now have access to an annual agent health care plan and retirement plus bonus plan options through its newly created program, Gemini. (more…)

Dallas Realtor Laura Avila passed away after being placed in hospice care.

We have held off on posting this tragic, tragic story for weeks with hope that the outcome would be much different.

But JP & Associates agent Laura Avila died Saturday, November 24 in El Paso, where she was on life support following a plastic surgery procedure in Ciudad Juarez, Mexico that left her brain dead.

Laura went into a coma after anesthesia complications in Cd. Juarez. She died around 8:20 a.m. Saturday morning, according to her sister’s Facebook post. She was only 36.

By now most people know that Avila, who lived and worked in the JPAR Uptown office, traveled to the Rinocenter clinic in Juarez for a rhinoplasty and redo of a breast augmentation, but fell into a coma after anesthetic complications before the surgery even started. Avila was a resident of El Paso, and going over the border for medical procedures is not uncommon for many El Paso residents who have relatives in Mexico. And cosmetic surgery procedures in Mexico are tempting — cheaper than those in the U.S. Avila’s family has said that the cost for Laura’s surgical procedures was about $8500, less than one-third the price of what she found for the same procedures in the U.S. 

Her procedures were booked for 7 a.m. on October 30, but later pushed to noon, according to her sister, because some of the surgeons flying in from Guadalajara were running late. 

Laura’s fiance, Enrique Cruz, was with her and was told the procedure would take four hours. When he returned for her around 4 p.m., he said he wasn’t able to see Laura and was told, finally, at 9:00 p.m. that Laura needed to be transferred to another hospital. 

Angie Avila told ABC-7 in El Paso the doctors in Mexico said they may had erred in her spinal anesthetic injection: instead of flowing through her body, the anesthetic went straight to her brain. The complications resulted in Laura suffering severe global brain damage. Her brain swelled and she suffered cardiac arrest for several minutes, according to her family. Her family tried to move her to Parkland Hospital, but Parkland wouldn’t take her. The hospital where she had been transferred in Juarez refused to sign transfer papers until the family paid the bill. Finally she was moved to a hospital in El Paso where everyone had hope she would emerge from the surgery-induced coma. But late Friday, doctors recommended Laura be moved to hospice care, where she passed the next morning. (more…)

Giuseppe (JP) Piccinini launched his firm with only two associates out of his Frisco home in November 2011.

They must be doing something very, very right over at JP & Associates REALTORS (JPAR). For the second consecutive year, JP & Associates REALTORS® has been ranked on the 2018 Inc. 5000 list of fastest-growing private companies in America.

Inc. Magazine revealed this week that JP & Associates REALTORS® is No. 746 on its 37th annual Inc. 5000 prestigious ranking. The list compiles a unique look at the most successful companies within the American economy’s independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known brands all gained their first national exposure as honorees on the Inc. 5000.

“It is such an honor to be named the second year in a row,” said JP Piccinini, Founder and CEO. “It is a testament to our agents, staff and partners that each individually and collectively live out our values of productivity and service to the real estate industry.”

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