New SDAR CEO taking embezzlement suit ‘seriously’

Cory Shepard took the reins at the San Diego Association of Realtors last week after now-former CEO Michael Mercurio was accused of stealing over $1M in association funds, the complaint reads. Four former executives filed the case against SDAR last week. Continue reading

Rocket taps veteran fintech exec Varun Krishna as next CEO

Changing of the guard demonstrates mortgage is just one component of a larger fintech strategy, with former Intuit, PayPal exec set to succeed interim CEO Bill Emerson on Sept. 5. Continue reading

San Diego Realtors sack CEO after $1M embezzlement lawsuit

The suit accuses now ex-CEO Mike Mercurio of using association credit cards for personal purchases, inflating his vacation time and selling items that the association paid for on eBay. Continue reading

Former Keller Williams NYC office auctions for $11.3M

Former Keller Williams NYC market center owners Ilan Bracha and Heim Binstock’s battle for their 377 Broadway office is officially over as a new owner snapped it up at an auction for $11.3 million. The office went into foreclosure in 2018 after the duo… Continue reading

OJO promotes industry veteran Chris Heller to president

Former Keller Williams CEO Chris Heller previously served as OJO’s chief real estate officer. Jerimiah Taylor, formerly a vice president at OJO, will step into Heller’s previous role, the company said. Continue reading

Ginger Wilcox isn’t interested in stepping into Sherry Chris’ shoes

With 30 years of experience at some of the world’s most recognizable brands, the newly-minted Better Homes and Gardens Real Estate president spoke to Inman about settling into her new role. Continue reading

Anywhere’s Cartus names veteran tech executive as president, CEO

Six months after Katrina Helmkamp’s retirement, Cartus has named Matthew Tebbe as its latest president and CEO. Tebbe will be responsible for “accelerating momentum” at the relocation brand. Continue reading

Anywhere vet Simon Chen is new CEO of bridge loan provider Arrival

The San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a “cash-equivalent offer” on their next home. Continue reading

Compass nabs ‘star’ New York City agent and team from SERHANT.

Maggie Wu is the latest of many agents to “boomerang” back to Compass after briefly leaving for another company. She leads the 4-person W Team which closed $102 million in sales last year. Continue reading

Doma sells off more title operations in Texas and Midwest

Deals with Capital Title of Texas and Near North Title Group follow the sale of 22 retail title locations and operations centers in California to Williston Financial Group in May. Continue reading