Concierge Auctions CEO: ‘Days on market are not your friend’

For luxury properties that exceed 180 days on market, the stats are grim. Concierge Auctions CEO Chad Roffers shared with Inman how real estate agents can best combat those pesky days on market. Continue reading

Rila Auctions launches to offer transparent bidding, access

Ben Bacal and Harry Dheedene have launched Rila Auctions, an off-shoot of social media app Rila, designed to help agents market homes in an Instagram-like video-search environment. Continue reading

Mr. Cooper veteran Chris Marshall tapped to run Xome marketplace

Marshall will take over for Xome CEO Mike Rawls when he retires on June 30, with the two working together until then to ensure a smooth transition at the foreclosure auction site, executives said. Continue reading

Xome’s DIY platform lets investors sell homes without an agent

Homeowners can’t sell a primary residence through Xome’s seller portal without a listing agent, but can hire an agent on their own or ask Xome to match them with one. Continue reading

Graceland saved from auction for now, court chancellor rules

The historic mansion where Elvis once lived will remain in the Presley family’s hands following a lawsuit filed by the actor Riley Keough, Elvis’ granddaughter, which alleged the company trying to sell it had committed fraud. Continue reading

‘RHONY’ alum Sonja Morgan auctioning UES townhouse

The 4,650-square-foot home is also being listed for $7.5 million by Adam Modlin of the Modlin Group. Bidding is expected to begin around $1.75 million to $3.75 million. Continue reading

Chad Roffers dishes on a Sotheby’s Concierge Auction record

The Sotheby’s Concierge Auctions founder and CEO shared more about how the recent auction of “La Dune” went down, as well as key reasons why luxury agents turn to the brand to get a deal done. Continue reading

Christie’s president: ‘Luxury isn’t a price point — it’s a level of service’

Despite instability, the priciest and most unique properties are still moving, Christie’s Co-CEO Thad Wong and President Chris Lim told Inman during the brokerage’s annual conference. Continue reading