Douglas Elliman posts mounting losses, declining revenue in Q3

The New York-based brokerage reported consolidated revenues of $251.5 million in Q3, a drop from the third quarter of 2022 when it tallied $272.6 million in revenue, according to an earnings call Wednesday. Continue reading

Sitzer attorney files new suit against Compass, Redfin, others

Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy Continue reading

Altman Brothers expand to Arizona with Grigg’s Group partnership

A new boutique luxury brokerage called Grigg’s Group Powered by The Altman Brothers builds on a decade-long relationship the team formed with Paradise Valley-based team leader Scott Grigg, Inman has learned. The firm will serve Paradise Valley, Scottsd… Continue reading

Hollywood’s top 35 luxury real estate agents, revealed

It takes a highly qualified real estate agent to perform at the level that some of the world’s wealthiest celebrities demand. Here are the top ones serving Hollywood, according to “The Hollywood Reporter.” Continue reading

Douglas Elliman fair housing case reveals agent confusion over law

A discrimination lawsuit filed in August by Shaniqua Newkirk, a Black Section 8 voucher recipient, against several Douglas Elliman agents has brought to light misconceptions about agent obligations when it comes to fair housing. Continue reading

DelPrete: Legacy brokerages make strides, but upstarts have the edge

Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes. Continue reading

Mystery buyer scoops up priciest home in Connecticut for $138.8M

Copper Beech Farm was originally listed for $150 million back in February. Despite a cut, the sales price still puts the estate within the five most expensive residential real estate transactions of 2023. Continue reading

$2B Pacific Sotheby’s International Realty broker partners with Side

San Clemente, California’s top broker, Doug Echelberger, and his team of seven agents has moved to Side, where it will operate as Inhabit Real Estate, according to an announcement on Tuesday. Continue reading

Broker Spotlight: Julie Jones, Douglas Elliman

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. Are you receiving Inman’s Broker Edge? Make su… Continue reading