Douglas Elliman of California and former escrow head settle lawsuits

The lawsuits alleging kickbacks by high profile brokers, which were launched in October, are now resolved. Founder and former CEO of Portfolio Escrow Bill Grasska said he is “committed to ensuring my name remains synonymous with integrity and excellence.” Continue reading

Jason Oppenheim identified as mystery broker in kickback plot

In lawsuits filed this fall, Douglas Elliman accused escrow employees of concocting a commission-sharing scheme with the “star of a reality television show” but stopped short of naming Oppenheim. Continue reading

BidMyListing secures $15M in additional funding, $20M to date

The company provides a conduit for real estate agents to bid money upfront for the opportunity to list properties. Funds provided will go to general growth initiatives, according to a statement. Continue reading

Wife of ‘Million Dollar Listing’ star Matt Altman arrested

Johanna Altman, 40, was arrested and booked at Los Angeles Police Department Valley Jail in Van Nuys, California, at about 9:30 p.m. Aug. 4, for felony domestic violence, according to reports. Continue reading