Treasury releases proposed rule for reporting all-cash luxe sales

Real estate professionals who handle closings and settlements will be required to report information to the Treasury’s Financial Crimes Enforcement Network when an all-cash residential sale is made to shell companies, legal entities and trusts. Continue reading

Monica Fabbio and team join @properties Christie’s

The FAB Property Group founder has been operating in the Austin luxury market for over 20 years and is in the top 0.25 percent of agents in the city. Continue reading

Ryan Serhant touts new book, Netflix series on Andy Cohen

The broker and CEO said the forthcoming Netflix series that follows SERHANT. would “totally redefine the genre” but did not specify a release date. Continue reading

Tampa Palms sees record $2.3M sale to end 2023

The 5,300-square-foot home was represented by Mary Renfroe of Premier Sotheby’s International Realty and features a wine room, a sauna, a pool, a koi pond and an outdoor patio with fireplace. Continue reading

Full-floor unit at Aman New York sells for $61.58M

The 6,300-square-foot unit was purchased by Hong Kong-based private equity exec Terence Chan through a limited liability company, and initially asked more than $70 million. Tal Alexander of Official repped the buyer. Continue reading

Corcoran reels back Marcus-Wells Team, more agents, from Compass

In the ongoing tug-of-war for top agents, Corcoran Group has wrestled back eight boomerang agents from Compass and recruited an additional eight agents from Compass to the New York City-based brand. Continue reading

Luxury prices and cash buyers hit a new high to close out 2023

Strategic migration, low inventory and a demand for larger spaces have also contributed to rising luxury prices, agents told Inman, depending on the specific market. Continue reading

Watson Salari Group makes it Official, leaves Coldwell Banker

Teammates Brent Watson and Marco Salari will become founding agents for Official in Los Angeles. The team has closed more than $2.75 billion in career sales. Continue reading

Engel & Völkers launches in New Hampshire with Portsmouth shop

The new shop is led by License Partner Dean Poritzky and Vice President and Marketing Director Paige McVay of Engel & Völkers Wellesley. Continue reading

Buy this pretty, pretty pretty good home once owned by Larry David

Coincidentally timed as “Curb Your Enthusiasm” launches into its final season this weekend, the architecturally significant home was built in Montecito, California, in 1929 by George Washington Smith Continue reading