Sellers say Compass agent flooded their home, then ghosted them

Aaron Schwid and Youngkey Chung trusted Compass agent Matt Isbell with the sale of their home, in part because he had appeared on “Million Dollar Listing.” But evidence shows his actions may have set off the home’s sprinklers and flooded it while the c… Continue reading

Mauricio Umansky settles Malibu lawsuit with pro-Israel donation

Following the attack in Gaza in October, plaintiffs in a lawsuit against Umansky and his partners decided their time and energy would be “better served” on more important matters, allowing Umansky to settle with a donation to a pro-Israel charity. Continue reading

Can an LA condo set a $50M record? Agents say, why not?

LA’s luxury condo market has never seen a sales price above $35 million. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time. Continue reading

Major real estate players push back against Florida’s foreign buyer ban

Lobbying group the Real Estate Roundtable, which represents the interests of investors like Citigroup Inc., Blackstone, Related, Starwood and Wells Fargo & Co., is appealing to state legislators to amend Governor DeSantis’ new, restrictive foreign… Continue reading

EXp Luxury celebrates its newest phase of international expansion

In addition to launching in Australia and New Zealand, the virtual brokerage also expanded its luxury program into South Africa and the United Kingdom. Continue reading

Luxury buyers are clamoring for a Zen-like home heading into 2024

Coldwell Banker Global Luxury transformed a recent home trends survey of 200 luxury agents into a shoppable “Best of the Best” guide of luxury home products. The result shows luxury homeowners crave serenity now more than ever. Continue reading

Not-yet-developed Dubai penthouse sells for $136M

The sale of the Como Residences penthouse, located on the exclusive Palm Jumeirah archipelago, is the priciest ever to close in Dubai. The penthouse is expected to be complete in late 2027. Continue reading

Kevelyn Guzman to take reins of Coldwell Banker Warburg in 2024

The firm’s current COO will adopt the role of Coldwell Banker Warburg regional vice president starting in January, as current president Frederick Warburg Peters steps into a new role as president emeritus. Continue reading