Douglas Elliman of California and former escrow head settle lawsuits

The lawsuits alleging kickbacks by high profile brokers, which were launched in October, are now resolved. Founder and former CEO of Portfolio Escrow Bill Grasska said he is “committed to ensuring my name remains synonymous with integrity and excellence.” Continue reading

Elliman’s California business faces lawsuits alleging kickbacks

The allegations launched by two former employees claim that closing statements had been altered to bump up agent commissions, with a particular bias in favor of the Altman Brothers team. Continue reading

Elliman’s Stephen Kotler says the election is only a ‘little ripple’

The brokerage exec shared details about his day-to-day at Elliman, thoughts on current industry challenges and how, despite popular opinion, an election year typically has very little impact on the market. Continue reading

Altman Brothers Team signs new contract with Douglas Elliman

The team closed the priciest sale in Orange County last year with a $55 million property in Crystal Cove and was named the No. 1 large team nationwide in the 2023 Ellie Awards. Terms of the contract were not disclosed. Continue reading

The ‘Compass Effect’ is creating chaotic Gulf War-like battlefield

Suddenly, like the Persian Gulf, real estate has become antagonistic and fiercely competitive, with major forces colliding and jockeying to reshape the landscape. Continue reading