Auction site bids to attract buyers amid commission changes

Rock Smart Realty, led by broker RJ Timlin, will launch a website called moversandshakers.ai to help consumers and agents buy and sell homes in an open-offer, transparent environment. Continue reading

‘RHONY’ alum Sonja Morgan auctioning UES townhouse

The 4,650-square-foot home is also being listed for $7.5 million by Adam Modlin of the Modlin Group. Bidding is expected to begin around $1.75 million to $3.75 million. Continue reading

Anywhere’s revenue holds steady in Q1 amid ‘tough’ housing market

Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call. Continue reading

The 20 biggest residential real estate transactions of 2023 (so far)

Luxury buyers have been hot on Palm Beach, with 7 of the year’s top 20 deals coming out of the luxe South Florida market. Overall, this year’s list shows buyers’ thirst for trophy properties. Continue reading

Gary Gold, Dottie Herman inducted into Inman Golden I Hall of Fame

Inman Luxury Connect brought out luxury’s finest at the Aria Resort and Casino in Las Vegas, rewarding some of the best in the industry on Wednesday with luxury real estate’s highest honor. Continue reading

Concierge Auctions to rebrand with Sotheby’s name attached

Seven months after its acquisition, Concierge Auctions is rebranding to Sotheby’s Concierge Auctions — a reflection of its new chapter with parent companies Sotheby’s and Realogy. The company said the rebrand will be complete by August, which includes … Continue reading

Luxury home auctions are having a moment. Here’s how to get in on it

Luxury homes that eventually go to auction sometimes come across as the black sheep of listings and require a nuanced approach. Here are luxury agent Aaron Kirman’s top tips for success. Continue reading

Debt-ridden Bel Air mega-mansion fails to nab $50M target at auction

As of the auction’s closing bid on Monday, celebrity botox doctor Alex Khadavi’s Bel Air mansion had gone for $46.76 million, below the $50 million reserve price set by bankruptcy courts. Continue reading

The luxury market in 2021: sky-high prices, scandals and acquisitions

The luxury housing market had a strong year in 2021 as high-net-worth individuals continued to buy and sell homes at a quick pace. The market saw big acquisitions, eye-popping deals and exciting new trends. Continue reading

Realogy, Sotheby’s partner to purchase Concierge Auctions

The real estate conglomerate and auction house have joined forces to acquire luxury home marketplace Concierge Auctions for an undisclosed amount. Continue reading