EXp posts modest revenue gain, reaching $1.2B in 3rd quarter

The virtual brokerage grappled with losses as it paid out its settlement in antitrust commission lawsuits and increased agent losses in a bid to offload less productive agents from the platform. Continue reading

Howard Lorber disclosed broker relationships in board investigation

In advance of his retirement from the firm, Lorber allegedly underwent a five-hour-long internal inquiry, Bloomberg reported, during which he disclosed intimate relationships with agents Jennine Gourin and Jessica Cohen. Continue reading

Douglas Elliman sees revenue inch upward after tumultuous Q3

New company CEO Michael Liebowitz stressed in an investors call Thursday morning that Douglas Elliman is seeking to diversify its revenue streams and increase ROI as it enters a “new era.” Continue reading

The 2024 ballot measures that stand to impact homeowners

Across 10 states, ballot measures ask voters to weigh in on changes to property taxes, veterans benefits and more. One even considers whether or not to abolish property taxes altogether. Continue reading

Real Brokerage adds 400 agents with Amerivest Realty partnership

Amerivest Realty owner Joe Ballarino has brought a slew of agents based out of Florida, Colorado, Minnesota and Wisconsin to the cloud-based brokerage, according to an announcement Monday. Continue reading

Elliman’s California business faces lawsuits alleging kickbacks

The allegations launched by two former employees claim that closing statements had been altered to bump up agent commissions, with a particular bias in favor of the Altman Brothers team. Continue reading

World Series of Luxury results: Ohtani puts on a ‘Sho’ in Hawaii

On top of his first MLB World Series title, Ohtani has been crowned by Inman readers as the champion of luxury real estate for his new build with ocean views on the Big Island. Continue reading

RE/MAX revenue declined 3.4%, US agents continue to depart in Q3

A new quarter saw continuing trends for RE/MAX in decreasing revenue and U.S. agent count, but the franchisor also vastly improved its net income year over year. Continue reading

Commissions held steady after Aug. 17, Redfin study shows

Commissions have been slowly declining over the last decade, but since the NAR settlement terms went into effect this summer, buyer’s agent commissions have seen little impact. Continue reading

World Series of Luxury: The final ‘Sho’down with Judge and Ohtani

The LA Dodgers may have claimed the crown for the 2024 World Series title, but Inman readers must still cast their vote to determine the victor of the inaugural World Series of Luxury. Continue reading