OpenAI CEO sues developer over $27M ‘lemon’ he bought in 2020

OpenAI boss Sam Altman sued embattled developer Troon Pacific over shoddy workmanship that allegedly included defects in a pool’s waterproofing and a so-called “Batcave,” according to reports. Continue reading

Michael Valdes leaves eXp to lead LPT Realty global division

After four years at eXp Realty, Michael Valdes is moving to LPT Realty. After surpassing 10,000 agents in the U.S., the Florida-based brokerage is ready to expand internationally, executives told Inman. Continue reading

Sagent hires Mr. Cooper vet Jaime Gow to grow new servicing platform

In what’s shaping up to be transformational year for the company, Sagent has revamped its leadership and launched Dara platform to handle every phase of mortgage loan servicing. Continue reading

Real Talk: We can no longer ignore RPAC’s ethics problems

Trump’s newly appointed VP candidate introduced a bill in June that highlights the need to review RPAC’s ethics policies for candidates receiving funds, Rachael Hite writes. Continue reading

Homebuyers dig the NAR deal until they learn the details: Intel survey

Even if the settlement brings down commissions overall, buyers grow warier the more they learn about what the policy means for them, according to the latest Inman-Dig Insights consumer poll. Continue reading

The analyst who predicted a 30% fall in commissions has more to say

Veteran KBW analyst Ryan Tomasello will be talking about the “watershed moment” that could lead to consolidation and innovation across the real estate industry at Inman Connect Las Vegas. Continue reading

A pivotal moment: Take the Inman Intel Index survey for July

The Inman Intel Index goes beyond sentiment and trends by tapping into the industry’s most engaged community. Add your voice to real estate’s most ambitious monthly survey today. Continue reading

Lesson Learned: Cultivate trust and respect with competitors

Find out how NYC agent Andrea Saturno-Sanjana puts her unique skillset and global perspective to work in serving clients and connecting with colleagues. Continue reading

Dot your i’s and cross your t’s. The paper chase is here: The Download

Ed Zorn, Anthony Lamacchia and others weigh in on buyer agreements, commission sharing and everything you need to know about the new forms. Continue reading