Latest news with #Heller
Toronto Star
9 hours ago
- Business
- Toronto Star
Chris Heller and The Heller The Home Seller Team Joins eXp Realty
BELLINGHAM, Wash., July 29, 2025 (GLOBE NEWSWIRE) — eXp Realty®, 'the most agent-centric™ real estate brokerage on the planet' and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that Chris Heller, one of the most accomplished professionals in the real estate industry, has officially joined eXp Realty. Heller is the founder of Heller the Home Seller, and has held executive leadership roles at several of the industry's most recognized companies. His team, known for its consistency and performance have sold more than 100 homes annually for the past three decades, totaling over 4,400 homes.
Hamilton Spectator
9 hours ago
- Business
- Hamilton Spectator
Chris Heller and The Heller The Home Seller Team Joins eXp Realty
BELLINGHAM, Wash., July 29, 2025 (GLOBE NEWSWIRE) — eXp Realty®, 'the most agent-centric™ real estate brokerage on the planet' and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that Chris Heller, one of the most accomplished professionals in the real estate industry, has officially joined eXp Realty. Heller is the founder of Heller the Home Seller, and has held executive leadership roles at several of the industry's most recognized companies. His team, known for its consistency and performance have sold more than 100 homes annually for the past three decades, totaling over 4,400 homes. 'Chris and I were once competitors chasing the #1 spot, and now we're reunited at a company that gives top producers the autonomy, platform, and scale to build empires,' said eXp Realty CEO, Leo Pareja. 'His decision to bring his team to eXp is not only a validation of our model, it's a signal to the entire industry that the most iconic leaders are choosing agent ownership, collaboration, and innovation. I couldn't be more proud to welcome Chris and his team.' Heller previously served as CEO of Keller Williams Realty International (KWRI) and as President of KW Worldwide. He also held executive leadership roles as CEO of mellohome and President at OJO/Movoto. Throughout his leadership career, he remained connected to real estate sales production through his team and was able to draw on that insight in his executive roles. 'I've been in regular contact with Glenn since leaving KW in 2017, and it's been incredible to watch eXp's growth and transformation over the years. From Leo's very first day, the idea of joining forces has been on the table,' said Heller. 'What drew me in wasn't just the momentum — it was the model, the structure, the leadership, and most of all, the culture. Aligning with a platform built for the future and locking arms with leaders like Leo Pareja, who are driven to innovate, grow, and raise the bar for the entire industry, is great.' Heller's decision to align with eXp Realty marks a strategic move to a platform designed for scale, flexibility, and long-term growth. The model provides agents with revenue share, equity ownership opportunities, and a collaborative culture that supports expansion at a national and international level. About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) (the 'Company') is the holding company for eXp Realty® and SUCCESS® Enterprises. eXp Realty is the largest independent real estate brokerage in the world, with nearly 81,000 agents across 28 countries. As a cloud-based, agent-centric brokerage, eXp Realty provides real estate agents industry-leading commission splits, revenue share, equity ownership opportunities, and a global network that empowers agents to build thriving businesses. For more information about eXp World Holdings, Inc., visit: . SUCCESS® Enterprises, anchored by SUCCESS® magazine, has been a trusted name in personal and professional development since 1897. As part of the eXp ecosystem, it offers agents access to valuable resources to enhance their skills, grow their businesses, and achieve long-term success. For more information about SUCCESS, visit . Safe Harbor and Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's and its management's current expectations but involve known and unknown risks and uncertainties that could impact actual results materially. These statements include, but are not limited to, statements regarding the anticipated success of agents or teams joining eXp Realty, future production goals or volume projections, and participation in or benefits derived from the Company's platform, tools, compensation model, or equity programs. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include real estate market fluctuations, changes in agent retention or recruitment, competitive pressures, regulatory changes, and other risks detailed from time to time in the Company's Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Reports on Form 10-Q and Annual Report on Form 10-K. We do not undertake any obligation to update these statements except as required by law. Media Relations Contact: eXp World Holdings, Inc. mediarelations@ Investor Relations Contact: Denise Garcia investors@ A photo accompanying this announcement is available at
IOL News
18-07-2025
- Entertainment
- IOL News
Rami Malek goes rogue in new action thriller ‘The Amateur'
American actor Rami Malek in 'The Amateur'. Image: Supplied Disney+ has announced the highly anticipated arrival of the action-packed movie, 'The Amateur', which follows an IT specialist for the CIA, Charlie Heller, who embarks on a journey of revenge after he lost his wife, who was killed in a London terrorist attack. Heller is adamant about finding the people who were involved in the terrorist attack that killed his wife, as he travels the world in hopes of killing those responsible. However, because violence or guns are not what he is used to, the grieving husband resorts to using his knowledge and intelligence of technology to seek vengeance. 'The Amateur' features a star-studded cast which includes Rami Malek, an Oscar-winning actor who starred in multiple popular movies such as 'Bohemian Rhapsody' as well as 'Mr Robot'. He plays the husband. He has also won numerous accolades for his exceptional acting skills, including a Golden Globe award under the category of Best Performance by an Actor in a Motion Picture for his role in 'Bohemian Rhapsody' in 2019, as well as an Oscar for Best Actor. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ During an interview with 'People', Malek shared his thoughts on the 2025 film and what he loved about his character. 'I got to star in an action movie, that is something I never thought I would ever say. I love this character because I find him extremely relatable. A lot of people use the term geek or nerd, but I just see someone who is really underestimated or overlooked,' he shared. The rest of the cast includes Rachel Brosnahan, Caitríona Balfe, Jon Bernthal, Michael Stuhlbarg, Holt McCallany, Julianne Nicholson, Adrian Martinez, Danny Sapani and Laurence Fishburne. Fishburne plays the role of Colonel Henderson, Heller's (Malek) supervisor, who has to train him on how to be an assassin. Training Heller, however, appears to be a difficult task because he knows nothing about guns and seems to even be afraid of holding the gun. 'The Amateur' is now streaming on Disney+
Yahoo
27-06-2025
- Business
- Yahoo
Is The Housing Market Is About To Crash? 4 Reasons You Should Wait To Buy
You've probably heard the rumors: Inflation is out of control, the economy is tanking and a housing market crash might be on the horizon. Are any of these true? Learn More: Consider This: Andy Heller, a professional real estate investment speaker at Regular Riches, LLC, noted that while no one can predict the timing and severity of crashes, 'a prospective homeowner and investors can turn to history for clues.' Specifically, Heller cited the recession that followed the Savings and Loan collapse in the late 1980s, another recession that came with the bubble burst in the late 1990s and finally, the Great Recession caused by the banking collapse of 2008. Taking history into account and learning from it, there still might be a few reasons to consider waiting to buy a house until the the coast is clear and the housing market looks stable. William London, a partner at Kimura London & White LLP, said if 'property values drop after your purchase, you can find yourself in a position where you owe more on your mortgage than the home is currently worth.' This, London highlighted, can severely limit your ability to refinance, sell or use your home as a financial asset. 'Holding out during a market downturn can lead to achieving a better long-term investment,' added London. Find Out: According to Londa, a high-pressure, inflated market, buyers may waive contingencies like inspections or appraisal clauses to stay competitive. However, as London pointed out, 'That leaves you legally vulnerable if hidden defects or appraisal gaps surface. If a downturn is likely, it's wise to wait and buy with full protections in place.' 'If interest rates stabilize or decline along with home prices, potential buyers can expect an increase in negotiating strength and financing options,' explained London. London detailed that in the current scenario of high rates and high prices leads to slim margins, so delaying the purchase may aid in cutting the acquisition price and better loan terms. In a correction, London highlighted that distressed properties and increased inventory often enter the market, offering buyers more choices and stronger leverage. 'You may avoid overpaying for a home that may soon face stiff competition from better-priced alternatives,' London described. 'Though timing the markets is inherently faulty, clever buyers consider not only economic signals but likewise the contractual and legal risks of picking assets at their high point.' Based on historical trends, Heller outlined that not only did real estate values fall during past recessionary times, government efforts to stimulate economic recoveries typically include lowering interest rates to aid with economic recovery effort, including the housing market. 'Therefore, assuming the prospective homeowner maintains employment and creditworthiness, timing purchases to follow resets should not only result in lower property prices, yet lower interest rates which will provide the purchaser with lower payments for the life of the loan,' Heller summed up. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 10 Used Cars That Will Last Longer Than an Average New Vehicle I'm a Retired Boomer: 6 Bills I Canceled This Year That Were a Waste of Money This article originally appeared on Is The Housing Market Is About To Crash? 4 Reasons You Should Wait To Buy
Yahoo
02-06-2025
- Business
- Yahoo
'Grotesque': Husband-wife insurance execs earn more than $50 million in 2 years
A Florida insurance company's husband-and-wife team of top executives earned pay in 2023 and 2024 that totaled more than $50 million, according to federal filings. Tampa-based Slide Insurance Company, the state's sixth largest insurance company, which started operations in 2022, paid its CEO Bruce Lucas $21 million last year, more than all other Florida insurance companies except for one. And Slide's COO Shannon Lucas made $16.5 million that same year, according to a May 23 filing with the Securities and Exchange Commission, first reported in the Insurance Journal. Meanwhile, national insurers' CEOs such as top executives at Liberty Mutual and Progressive, are making less than Shannon Lucas in total compensation, the article notes. The pair earned $12.6 million in 2023. The public filing has sparked condemnation and calls for more reform from a few quarters. The Insurance Journal highlighted how Slide founder and CEO Bruce Lucas, who left Heritage Insurance Company in 2021, is making nearly five times his successor at that Deerfield Beach-based insurer he helped co-found in 2012. Current Heritage CEO Ernie Garateix made $4.3 million in 2024, the Insurance Journal reported. Douglas Heller, director of insurance for the Consumer Federation of America, called the compensation package, 'grotesque,' especially considering Florida's insurance woes due to its vulnerability to catastrophic hurricanes. Also problematic for Heller: how much of the start-up's business came from policyholders essentially forced to take Slide Insurance because Citizens Property Insurance Corp., the state-backed insurer of last resort, wanted to pare its rolls. Citizens' policyholders can be forced to take a policy from a commercial insurer should the policy cost within 20% of what the estimated Citizens' policy would have renewed at. Slide, from 2023, when it started taking Citizens' policyholders, to the end of May 2025 has assumed a total of 232,901 policies that were under Citizens, according to information on the state-backed insurer's website. Slide currently has 343,000 policies in force, according to the Florida Office of Insurance Regulation. The Washington-based consumer education and research organization that's more than 50 years old has found that residents in most Florida zip codes are paying the highest premiums in the country, Heller said The compensation for Slide's executives, Heller said, is 'just shocking and should offend the sensibilities not just of every policyholder who pays premiums to Slide, but every politician who created the conditions for Slide to move in, take all these policies and vacuum up this for their personal windfall.' More: Hope for legislative property insurance fix dimming as Legislature enters second half Slide Insurance officials did not return an email seeking comment, but industry officials have long pointed out that Florida's insurance industry is one of the most heavily regulated in the state. Insurance companies that want to increase their premium rates by 15% more than the previous year company must undergo a public hearing before a panel from the state's Office of Insurance Regulation, justify the increases with historical claims and future risk assessments and then hope for the regulatory body's stamp of approval. Still, Republican Rep. Hillary Cassel, who works as a plaintiff's insurance attorney and introduced legislation this year that would have changed the landscape in which Slide has taken root, said the situation points out exactly why the current set of rules should be modified. Her legislation sought — and ultimately failed — to roll back a 2022 change that made it so that attorney fees, in most cases, would not be added into litigated settlements for policyholders against their insurers. The 2022 tort changes have caused the number of suits against insurers to plummet, and, some say, stem a tide of legal fraud, add up to a healthier insurance market with more consumer choices and slow the premium growth from the crisis of a few years ago when some premiums were tripling. Cassel, however, has said the changes have left Florida homeowners still paying more and with few avenues to hold their insurer accountable. And the Lucases are paying themselves on the backs of Florida policyholders, she said. 'This is exactly the type of egregious behavior that, as the vice chair of the House Insurance & Banking Subcommittee, I am committed to ensuring oversight and transparency into any and all payments … so runaway insurance costs are reined in, claims are paid and Floridian may continue to secure coverage for their property,' Cassel said. More: Report: As insurance market wobbled, some companies paid billions to affiliated firms Cassel's subcommittee was holding an investigation during the last legislative session into insurance company payments, but it did not come to any conclusions about why parent companies of Florida insurers distributed $680 million to shareholders and distributed billions more to company affiliates. The report filed with federal authorities shows that Slide is heavily reliant on reinsurance to pay claims, Heller noted. Reinsurance is what insurers must buy on the global financial markets to fortify their reserves to prepare for when or if a catastrophic level of claims hit. The reinsurance market has improved since the Florida market started wobbling beginning in 2019, but Florida's insurance crisis peaked as the reinsurance market became particularly tight. Reinsurance costs typically account for the largest, single chunk in an insurance premium — about 30% to 50%. 'To be highly reliant on reinsurance that's a real concern, especially in Florida, where the reinsurance market has been extremely volatile, and there's only so much they (Slide) can take out of the Florida reinsurance fund,' Heller said. 'And if you're highly reliant on reinsurance … you could imagine things going south for Slide customers really quickly.' Slide did enter the market at a moment of high risk for Florida insurers: 10 Florida-based insurance companies became insolvent between 1999 and 2023, and some national carriers decreased Florida business. The risk appears to be paying off for Slide: What was left for stockholders after expenses, taxes and costs (commonly known as the profit) grew from $87 million in 2023, its first full year in business, to $201 million in 2024. That's about a 130% growth in net income attributable to common stockholders, according to the federal filing. Insurance Commissioner Mike Yaworsky could not be reached to comment on the filing, and Slide officials did not comment due to the 'quiet period,' according to reporting from the Insurance Journal. This period falls between when the initial public stock offering is registered with the federal government and a month after stock trading begins, to ensure that officers don't release new information that could affect investor decisions. Still, Harold Levy, founder and managing partner of HL Law Group in Fort Lauderdale, which represents insurance policyholders, said the situation sounds like the same old insurance game: deny, delay, defend. 'Further evidence that it is clearly a profitable strategy to take in premiums and not pay claims,' he said, after hearing of Slide's expanding executive compensation and profits. Anne Geggis is the insurance reporter at The Palm Beach Post, part of the USA TODAY Florida Network. You can reach her at ageggis@ support our journalism. Subscribe today This article originally appeared on Palm Beach Post: 'Grotesque': Married insurance execs earn $50 million in 2 years
