The Agency launches new market in La Jolla, San Diego

Located in La Jolla, the office marks the company’s 63rd location overall and 21st office in the state of California. Continue reading

Media mogul nabs one of 2022’s priciest listings for $100M

Billionaire media mogul Byron Allen has purchased a Malibu estate for $100 million, making the deal the most an African American buyer has ever paid for a home in the U.S. Continue reading

8 challenges agents should be ready for when selling a luxury penthouse

From dealing with co-op boards to undoing prior upgrades that weren’t up to code, these are the unique challenges luxury agents said can come up with a penthouse transaction. Continue reading

New York state and New York City recoup $3M from luxury developer

Heatherwood Communities LLC received tax exemptions on two of their rental properties in Queens and Brooklyn, but failed to pay the buildings’ service employees wages and benefits for over two years. Continue reading

What’s a ‘tornado housing market?’ Hint: You might be in one right now

Coldwell Banker Warburg President Frederick Warburg Peters coined the term to describe a phenomenon where one home trades hands briskly while a similar property nearby languishes. Continue reading

The Agency launches newest location in The Bahamas

The office marks the company’s 41st global franchise and its third location in the Caribbean, following Turks and Caicos and the Cayman Islands. Managing Director Danny Lowe will lead efforts at The Agency Bahamas. Continue reading

Compass takes over sales from Corcoran at NYC ‘condop’ building

After selling eight out of its 13 units, the condop, a building comprised of condominiums and co-op units, at 1228 Madison Avenue is bringing on a new real estate brokerage to finish the job. Continue reading

Rhode Island’s Kirk | Schryver Team joins Compass

The team is No. 1 by sales volume in Bristol County and Barrington, Rhode Island, according to MLS data and was ranked the No. 2 small team by sales volume by RealTrends in 2021. Continue reading

Brown Harris Stevens launches a new digital hub for agents, ‘BHSOne’

The in-house-built, internal digital hub includes features like an agent design studio, a video library of educational content, a marketing center, a region-specific document library and more. Continue reading