Engel & Völkers enters Philadelphia, Mexico City markets

Engel & Völkers Philadelphia will be led by Jim Becker, Ed Casella and Logan Rothman, while Mexico City will be helmed by Rodrigo Pérez del Toro and Malusa de Nova. Continue reading

Nest Seekers sues Serhant in CT, adding to string of lawsuits

The $10 million lawsuit alleges two former Nest Seekers managers stole the firm’s commissions, clients, intellectual and other confidential property as Ryan Serhant used “unfair and deceptive trade practices” to launch SERHANT. in Connecticut. Continue reading

Compass adds 10 principal agents to Ocean City office

Compass has recruited 15 agents from an Ocean City, New Jersey, RE/MAX franchise, 10 of whom will serve as principal agents. The new recruits represent $136 million in 2022 sales volume. Continue reading

An ‘entire neighborhood’ for sale? Let’s unpack that viral TikTok video

A 35-home listing on Zillow has prompted debate over displacement and institutional investment — and pushback over a TikToker’s claim that an ‘entire neighborhood’ was about to hit the market. Continue reading

Keller Williams Black Label sues SERHANT. over Philly expansion

Weeks after announcing a national expansion, Serhant and his partners are facing a $10 million lawsuit and allegations of concocting a scheme to “loot” a Pennsylvania brokerage in an effort to expand. Continue reading

Rockefeller descendants offload historic Philly estate for $24M

Dating to the late 1700s, the estate known as Kirkwood Farm features five historic farmhouses, two barns and a springhouse. Continue reading

Bidding wars dip for first time in 2022 — but competition still fierce

Agents still face tough conditions despite homebuyer competition, according to a new report from Redfin. Competition is slightly less tough. Continue reading

Home inventory healthier in cities than suburbs, where buyers spar

Suburbs have made up a growing share of Zillow’s top areas by views per listing — a product of the pandemic’s effect on inventory. Continue reading

Flat-fee brokerage Houwzer expands into Tampa

The launch marks the brokerage’s second foray into Florida, after moving into Orlando in the summer of 2020. Continue reading