New class action suit against Grant Cardone says he misled investors

The lawsuit, filed by the daughter of one of Cardone’s previous investors, says he misled his followers by boasting on social media about the potential returns they would see from investing in his real estate fund while downplaying the risks. Continue reading

Leslie Clarke Team leaves William Raveis for Compass in Connecticut

Leslie Clarke and Jeannette Floto’s team specializes in the upscale Westport and Fairfield County markets, according to an announcement. In 2022, the two-agent team closed $124.33 million in sales. Continue reading

Redfin President of Real Estate Services Adam Wiener is moving on

In a memo to employees, Redfin CEO Glenn Kelman said the 15-year veteran of the company will serve as an advisor after his final day on Sept. 8. Redfin has no plan to fill the vacated position. Continue reading

LA City Council approves $150M in ‘mansion tax’ allocations

Funds will go to short-term emergency rental assistance, eviction defense, tenant outreach and education, direct cash assistance for low-income seniors and individuals with disabilities, tenant protections and affordable housing development, according … Continue reading

Man charged with threatening his agent over failed home transaction

Richard E. Kellogg’s text messages to a RE/MAX agent led to the evacuation of the agent’s office. The Indiana suspect now faces intimidation charges in addition to fraud charges leveled in July. Continue reading

Agents: Kenny Parcell’s resignation is the ‘beginning’ of fixing NAR

Agents and industry leaders said National Association of Realtors President Kenny Parcell’s resignation is the first step in making the organization safer for female employees and members. Continue reading

Jeffrey Epstein’s New Mexico ranch sells after 2 years — price unknown

The 7,500-acre Zorro Ranch first listed for $27.5 million in July 2021, but the price was cut to $18 million by October 2022. San Rafael Ranch, LLC bought the property for an undisclosed price, records show. Continue reading

Nan & Company Properties launches Farm & Ranch Division

The Houston-based Christie’s International Real Estate affiliate has also opened a new office in Lake Livingston and made two new hires to support the launch of the new division. Continue reading

Corcoran Icon Properties opens new office in San Fran’s Cow Hollow

The new office, to be managed by Corcoran Icon Properties Partner Michael Barnacle, is located on bustling Union Street, where trendy restaurants, boutiques and fitness studios are thriving. Continue reading