Monthly Archives: April 2023

Just in time for 90th birthday, Carol Burnett’s LA condo sells for $3.7M

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Burnett purchased the 2,800-square-foot 13th-floor unit for $1.26 million in 2002, and renovated it with husband Brian Miller in 2011. The property sold five days before her birthday, according to Zillow. Continue reading →

Compass scores 2 new Colorado agents — including a ‘boomerang’

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Adana Leonard and Tommy Kanarellis — who’s returning to Compass after a stint at Douglas Elliman — focus on luxury listings and join the brokerage amid fierce competition for top agents. Continue reading →

REX gets OK to question Zillow CEO Rich Barton in antitrust suit

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Judge Thomas Zilly denied Zillow’s motion for a protective order, saying CEO Rich Barton must complete three hours of questioning from REX’s counsel about the company’s “Project Bookshelf.” Continue reading →

Chris Heller: Brokerages and teams are playing chicken. Who will win?

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The chief real estate officer at OJO also believes teams will continue to get bigger, and that new agents will be willing to trade money for opportunity. Continue reading →

Diversifying luxe marketing can increase income by $10s of $1,000s

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The “State of Real Estate Marketing” report released on Friday by Luxury Presence and Sell It Like Serhant surveyed over 1,000 luxury real estate agents to gain insights into agents’ plans for marketing in 2023 and best practices. Continue reading →

Mr. Cooper says it will use AI to service $1 trillion in mortgage loans

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The loan servicer spends “several hundred million dollars a year” on call center operations and expects $50 million in annual savings at the outset of a ‘multiyear’ artificial intelligence project. Continue reading →