Corcoran Global Living CEO awash in lawsuits amid agent pay delay

Agents at some of the California-based franchisee’s 70-plus branches allege delayed commission payments and power outages as CEO Michael Mahon battles lawsuits on multiple fronts. Continue reading

SafeRent discriminated against Black, Hispanic renters often: Suit

The tenant screener violated the Fair Housing Act for years as it doled out disproportionately low risk scores to Black and Hispanic rental applicants with housing vouchers, a new federal lawsuit says. Continue reading

Real estate agent in hot water over costly missing apostrophe

Anthony Zadravic if faced with up to $250,000 in court fees after he failed to place a crucial apostrophe in a Facebook post bashing his former employee. Continue reading

NAR is fighting a losing battle against the feds

Now is the time to unwind the messy set of industry practices at the crux of this fight and bring transparency, fairness and clarity to real estate transactions. Continue reading

WATCH: The slick marketing video behind ‘catastrophic failure’ spec home sale

The marketing video behind 1155 Angelo Drive exudes a calm, modern coolness. But at the time the video was made, developers behind the property were already likely aware of significant waterproofing issues present throughout the home. Continue reading

Long Island man continues 20-year stint in house on just 1 mortgage payment

Guramrit Hanspal, who hasn’t made a mortgage payment on his home since 1998, avoided another court confrontation — and eviction — in early July. Continue reading

All that glitters isn’t gold: When luxury real estate fails

In the wake of a building collapse in Florida on Thursday, all eyes are on shoddy construction and what happens next as developers rush to complete jobs delayed during the pandemic. Continue reading

‘Double-dipping agents’ overcharge consumers billions in commissions

Consumer watchdog says dual agency should be banned, but double-ending should not be so long as agents discount their commission and act as facilitators. Continue reading

The New Normal: What if agent pay was more than just commissions?

Commissions are still king, but more and more agents are looking for alternative revenue streams in the form of stocks and profit sharing. Dive into Part 3 of Inman’s New Normal series. Continue reading