Vatican official accused of perjury in $378M real estate lawsuit

After being sentenced by Vatican State Court for embezzlement and fraud, London-based Italian banker Raffaele Mincione is fighting back in UK courts with a countersuit accusing the Vatican of mishandling and mis-documenting funds. Continue reading

Patrick Carroll released by LAPD on Wednesday following arrest

The multifamily investor has had a number of encounters with police in Miami and LA in recent months in response to disorderly behavior involving guns, as well as DUI and allegations of assault. Continue reading

Matterport teams with FBS in first partnership since CoStar purchase

The deal will allow Matterport tours to accompany listing pages, with the dimensions and square footage of each property autofilled in a bid to reduce the risk of faulty data entry, executives say. Continue reading

Kennedy Lewis makes $50M investment into Douglas Elliman

With the investment, Kennedy Lewis co-founder and Co-Managing Partner David Chene will join Douglas Elliman’s board. Douglas Elliman also released preliminary Q2 2024 financial results. Continue reading

Keller Williams picks up 31-agent Texas indie

TJ Lewis Real Estate is based in Austin, Keller Williams’ home turf, and has done $27.9 million in volume this year so far. Continue reading

Lessen Copilot the latest in AI property management

The property management software company has released Copilot, an AI interface to streamline the creation and processing of work orders. Continue reading

Pending home sales fall by 2.1% in May as buyer demand softens

Elevated mortgage rates continued to curb homebuyer activity in May, NAR reported. As inventory increases in upcoming months, slower home price growth will follow, and likely more buyers hitting the market. Continue reading

Judge dismisses Nevada sex harassment case against eXp

Agent Misty Carter filed the case in January. A court order filed this week reveals that all the parties involved have now agreed to have the case permanently dismissed. Continue reading

Zillow partners with Moody’s on multifamily rental data

The partnership will give larger multifamily rental operators access to Moody’s data on topics such as rents, vacancies and inventory. Continue reading

‘NAR swat team’ strikes Arizona home in wild new marketing video

The Instagram video shows agents with “NAR” along the back of swat team jackets bursting into a home before tackling, tasing and hogtying a Realtor who failed to remove an offer from the MLS. Continue reading