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

$188M Palm Beach estate — the city’s priciest — goes into contract

The estate sits alone on its own 2.3-acre man-made island, and went into contract on Monday. The negotiated price and the buyer’s identity are still unknown. Continue reading

SAEZFROMM team joins Douglas Elliman from Corcoran

Since 2013, the team has sold more than $800 million in transactions. They were drawn to Douglas Elliman for its company culture and opportunities in new development. Continue reading

The 31 biggest residential deals of 2023 commanded $50M or more

New York City and Palm Beach saw the greatest number of high-end luxury sales this year, while Los Angeles, marred by the new mansion tax, did not make the list. Continue reading

Barbara Corcoran’s ‘golden rule’ of real estate investing

On a recent podcast, the Corcoran Group founder shared her strategy for success in real estate investment that she says has helped earn her a net worth of $100 million. Continue reading

New commission lawsuit targets REBNY and 26 companies in NYC

Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws. Continue reading

Tom Ford nabs Jackie O’s former Hamptons summer home at $52M

The deal is just the latest of Tom Ford’s big-ticket transactions, following a $51 million home purchase in Palm Beach at the end of last year and a more recent trading of that home for another mansion in the luxury South Florida market, according to r… Continue reading

Corcoran Group grows presence in NJ with 109-agent franchise

Corcoran has expanded its presence in New Jersey with the addition of Corcoran Infinity Properties, according to an announcement on Tuesday. Noted luxury real estate broker David Arabia will lead the 109-agent franchise, which operates out of three off… Continue reading

Indie brokerages lead the way in 2022 NYC agent growth: Report

In the midst of one of the most confusing markets in recent history, New York City’s independent brokerages led the way in agent count growth and retention — two metrics at the top of most leaders’ minds as we inch closer to entering a mild recession. Continue reading

Corcoran Reverie lures Florida’s Cindy Cole from Keller Williams

Cole will help Corcoran Reverie grow its luxury real estate footprint in Destin, Florida, and ranks among the top one-half of 1 percent of real estate agents by sales volume, according to a report. Continue reading