‘It’s creating a nightmare’: Agents, landlords bristle at new eviction ban

Industry professionals argued that the latest eviction moratorium hurts small time landlords and leads to renters piling up debt. Continue reading

EXp rakes in $1B in revenue, sees soaring agent count

The virtual brokerage now boasts 58,263 agents and brokers, a jump of 87 percent year over year, according to a Q2 earnings report released Wednesday. Continue reading

Penthouse of celebrity-packed ‘Jenga Building’ sells for $50M

The musician Frank Ocean and actor Keegan-Michael Key are among the Lower Manhattan building’s well-known residents. Continue reading

Ken Dunn, co-founder of Rainier Companies, dies in plane crash

The co-founder of a Dallas-based real estate investment firm with a $1.6 billion portfolio died last week in a plane crash, his company said. Continue reading

Dottie Herman steps down as Douglas Elliman CEO

Scott Durkin, who has served at the brokerage since 2015, will take the helm, according to representatives who say Herman has been cultivating him for the CEO role for years. Continue reading

HUD scores a C in cyber security test, other agencies fare worse

Report finds seven federal agencies, including the U.S. Department of Housing and Urban Development, have failed to protect Americans’ personal and financial information. Continue reading

New Insights into Luxury Connect: Who’s speaking and about what?

It’s getting harder for luxury agents and brokers to balance sellers’ expectations with buyers’ demands. And to make things more comprehensible and easier, we’re unpacking it all at Luxury Connect, Oct. 25-26. Here’s a sneak peek at how we’re going to … Continue reading