Reffkin rails against ‘organized real estate’ at annual Compass retreat

During a keynote address Tuesday, the CEO rallied the firm’s agents and staff against Compass naysayers, discussed short-term goals of seller choice and agent listing attribution, and unveiled the latest rendition of Compass AI. Continue reading

DOJ removes Nosalek settlement objection — with a strong warning

The federal law enforcement agency withdrew objections to a fourth proposed settlement between plaintiffs and MLS PIN Tuesday, but cautioned that the MLS was not immune to future legal action. Continue reading

Hall Willkie steps down as president at Brown Harris Stevens

The Brown Harris Stevens vet will be moving into a consulting role as of July 1. East and West Side sales managers Itzy Garay and Kevin Kovesci will become co-presidents of the brokerage’s New York City region. Continue reading

Hamptons summer rentals way down amid market uncertainty

Rental demand for ultra-luxury properties in the beach market is down as much as 75 percent this year, according to local brokers, due to economic volatility and poor spring weather. Continue reading

Stephen Kotler and son Max Kotler depart Douglas Elliman

Stephen Kotler is leaving Douglas Elliman following a three-decade career at the brokerage. Meanwhile, his son Max has joined Corcoran Group with intentions of building a new team. Continue reading

Douglas Elliman sets sights abroad with international expansion

The luxury brokerage is launching an international division, “Elliman International,” and recruiting agents and teams to establish offices in strategic global markets, Inman has learned exclusively. Continue reading

Eklund | Gomes Team launches in 30A market with new dev project

The Douglas Elliman team is entering into the growing luxury market in Florida by serving as exclusive sales and marketing reps for Kaiya Beach Resort, which features 131 luxury residences. Continue reading

Ernie Carswell & Associates trade Elliman for Sotheby’s Realty

The “Kendra Sells Hollywood” star and long-time Elliman agent said he was attracted to Sotheby’s International Realty’s stability in an industry that has been in tumult in recent years. Continue reading

DOJ signals withdrawal of MLS PIN settlement objection in Nosalek

The fourth amended settlement, if approved, would prohibit offers of cooperative compensation on MLS PIN’s platform and raises the total proposed settlement fund from $3 million to $3.95 million. Continue reading

Texas hate speech bill ‘dead’ as NAR considers ethics code change

Senate Bill 2713 failed to move forward in the House before a midnight deadline on Wednesday. Still, NAR is considering changes to its rules surrounding harassment and speech at upcoming Legislative Meetings, which it identified as areas of “potential … Continue reading