Once-priciest home in US slashes ask by a hefty $55M

The Central Park Tower penthouse, developed by Extell and Shanghai Municipal Investment, initially asked $250 million. The property is currently the tallest residence in the world. Continue reading

Locked in, or misinformed? How seller’s agents can allay client fears

Homeowners feel locked in and for good reason. But sellers should know the other side of the coin too, agents argued at Inman Connect. Continue reading

RLTY teams up with United to offer insurance aid to real estate agents

The move comes eight months after the firm rolled out its agent success services, Inman has learned. A Southwest BHHS franchisee also recently announced an agent benefits package. Continue reading

The 20 biggest residential real estate transactions of 2023 (so far)

Luxury buyers have been hot on Palm Beach, with 7 of the year’s top 20 deals coming out of the luxe South Florida market. Overall, this year’s list shows buyers’ thirst for trophy properties. 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

SERHANT faces another lawsuit related to allegedly taking data

The lawsuit launched at the brokerage led by the “Million Dollar Listing” star alleges that SERHANT. and two recently recruited agents stole trade secrets, marketing data and listings from the Florida-based Sutter & Nugent. Continue reading

Luxury agent Taylor Middleton exits SERHANT. for Douglas Elliman

Described as “one to watch” by Douglas Elliman Executive Chairman Howard Lorber, Middleton will operate out of Douglas Elliman’s flagship office in Manhattan, Inman has learned exclusively. 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

Ryan Serhant’s brokerage kicks off national expansion with 6 markets

This first wave of expansion will include Florida, Pennsylvania, New Jersey, North Carolina, South Carolina and Connecticut. SERHANT. has also brought on local teams across those states. Continue reading

Bess Freedman on BHS’ 150 years — and that thing with Ryan Serhant

The CEO was unapologetic about her mantra “old school is the best school,” while acknowledging that the ability to evolve while keeping agents and clients at the forefront have contributed to the brokerage’s longevity. Continue reading