Douglas Elliman dragged back to court over wrongful termination allegations

A former employee of Portfolio Escrow — a firm Douglas Elliman acquired in 2020 — says she was fired after raising concerns. But the company accused the former employee of embezzlement Continue reading

EXp Realty exec tells agents to stop using bad photos

Wendy Forsythe also recently said agents right now need to adapt to longer listing marketing periods and offered some advice for today’s team leaders. Continue reading

Zillow slams Compass’ ‘hidden listing scheme’ in new court filing

The portal giant countered arguments Compass had made in its complaint alleging antitrust activity and more, and asked the court to deny a request for a preliminary injunction that would prevent enforcement of Zillow’s new listing standards. Continue reading

NAR defeats discount brokerage Homie in antitrust lawsuit

The court determined that Homie’s claims were no longer timely, that it failed to make a case for antitrust injury and that it did not provide enough evidence to prove wrongful interference in its business dealings. Continue reading

Foreign buyer property purchases in the US rose 33% from last year

Chinese and Canadian buyers make up the largest portion of international buyers. The median purchase price for foreign buyers also hit a new record high at $494,400, according to a National Association of Realtors report. Continue reading

Foreign buyer property purchases in the US rose 33% from last year

Chinese and Canadian buyers make up the largest portion of international buyers. The median purchase price for foreign buyers also hit a new record high at $494,400, according to a National Association of Realtors report. Continue reading

Why high-end buyers are still spending big on luxury real estate

Wealthy consumers are looking for houses as they seek strategic investments and relative safety amid tumultuous times Continue reading

In a more buyer-friendly market, sellers are emerging too

Why are active homebuyers now ready to list their old properties? The reasons vary by individual but also display some regional trends that track with the national inventory recovery, the Inman-Dig Insights survey found. Continue reading

Jade Mills advises new agents not to neglect Sunday open houses

The luxury real estate vet spoke with Inman about market trends, tips for newbie agents, how to handle difficult clients and more in advance of her appearance at Luxury Connect. Continue reading

Median US home price hits new record as pending sales drop

The median home sale price ticked up to $399,633 as pending sales saw a 3.5 percent drop annually. Still, mortgage applications, home touring and Google searches for “homes for sale” increased, in a positive sign for sellers. Continue reading