Leading Laguna Beach team returns to Compass from Coldwell

The Marcus Skenderian Real Estate Group is boomeranging back to Compass after three years away to launch its own brick-and-mortar office in Laguna Beach. Continue reading

$60M non-waterfront Palm Beach estate one of the priciest ever sold

The mansion on Banyan Road was gut-renovated by homeowner and interior designer Victoria Hagan before being sold off-market to an unknown buyer. Continue reading

Buyers need an income that starts with a 3 to live in this pricey city

Homebuyers need to earn an income of more than $150,000 to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. But in San Jose, buyers must earn at least $361,000. Continue reading

How agents can rise to the top of their market in the next 90 days

Real estate coach Jonathan Lack shares insights for what agents can do in the next 30, 60 and 90 days to perform at a higher level in the wake of commission lawsuit settlements. Continue reading

RE/MAX revenue drops for 7th consecutive quarter

Total revenue declined by 8.3 percent year over year to $78.3 million during the first quarter of 2024, which still bested analysts’ expectations for revenue to fall by 9.5 percent. Continue reading

HomeServices hit by buyer commission lawsuit in Florida

The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled buyers and resulted in buyers paying inflated home prices. Continue reading

Largest minority and women-owned brokerage in US joins Real

The Atlanta-based Village Premier Collection, led by Cheri Benjamin, has joined Real under its Private Label program. The company has roughly 500 agents and closed $665 million in sales in 2023. Continue reading

Court grants preliminary approval of settlements with firms in Gibson

The court has granted plaintiffs’ motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman in the Gibson commission lawsuit. Continue reading

Joan Didion’s former NYC apartment sells for $5.4M

The Upper East Side apartment has sold more than a year after hitting the market. The late writer and her husband, John Gregory Dunne, bought the property in 1988. Continue reading

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