Billionaires’ Row penthouse goes under contract for over $100M

The duplex at Central Park Tower marks one of the rare deals in New York City that has commanded nine figures in recent years. When it was first listed in early 2023, the unit asked $175 million. Continue reading

Real estate coaches who preyed on Spanish speakers banned by FTC

The Federal Trade Commission has ordered Ganadores Real Estate to refund consumers after making false real estate coaching and mentoring promises. The group charged $28,000 per student and promised six-figure returns. Continue reading

Purchase loan applications soar 9% following drop in mortgage rates

Trend could bode well for the spring homebuying season, the Mortgage Bankers Association said Wednesday, but Fed may take its time before cutting rates. Continue reading

Brokerage firm MV Realty has been barred from North Carolina

MV Realty was under scrutiny for deceiving homeowners in financial distress into signing exclusive listing agreements that lasted 40 years in exchange for cash. Continue reading

Inman unveils new class of 2024 Power Players

With its new Power Players list, Inman recognizes 137 industry leaders for their power and influence as it kicks off a year of expanded awards. Continue reading

Court says $200B commission suit against NAR must go forward

A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict. Continue reading

How to establish best-in-class business culture in 2024

Culture can make or break the experience of your team members or agents. The Agency’s Rainy Hake Austin offers tips for optimizing its power. Continue reading

How this Florida legislation could lead to more sustainable housing

Attorney and new Inman Contributor Rachel Streitfeld examines how changes to Florida’s zoning laws could free up vast tracts of land for high-density new home construction. Continue reading