Adam Levine buys Rob Lowe’s former Montecito estate for $52M

Rob Lowe and his wife purchased the land for the home in 2005 and built on it a 10,000-square-foot mansion in the style of the Virginia countryside. The property sold for $44.5 million in 2020. Continue reading

Gary Gold: NAR’s pocket listing policy is ‘nonsensical, stupid’

Real estate’s premier luxury agent argues that the Clear Cooperation Policy is “authoritarian” and accomplishes the opposite of its stated intent in an exclusive interview with Inman. Continue reading

Pocket listings are still around, but the off-market landscape is evolving

Two years after the National Association of Realtors approved the Clear Cooperation Policy, pocket listings haven’t disappeared. But they remain hotly debated, and demand for off-market housing is as strong as ever. Continue reading

Real estate heir Robert Durst gets life in prison for friend’s murder

Durst, whose case was made famous in the HBO miniseries “The Jinx,” will spend the rest of his life behind bars for murdering Susan Berman in 2000. Continue reading

WATCH: The slick marketing video behind ‘catastrophic failure’ spec home sale

The marketing video behind 1155 Angelo Drive exudes a calm, modern coolness. But at the time the video was made, developers behind the property were already likely aware of significant waterproofing issues present throughout the home. Continue reading

Los Angeles team jumps from Compass to rival The Agency

In the latest salvo of an intensifying rivalry between brokerages, a prominent team in Los Angeles is leaving Compass and forming a new team inside of competitor The Agency, the latter brokerage announced Monday. The team departing Compass includes lea… Continue reading

Compass sued over rental where party-goer was fatally shot

The brokerage says that the agent who allegedly knew the property would be used as a party venue was fired about a month ago. Continue reading

Can’t stay away: Tomer Fridman returns to Compass

After spending a little over one month at Hilton & Hyland, the broker and his 11-person team have made a reversal and returned to Compass. Continue reading

A lighthearted listing campaign during tough times

Fredrik Eklund and Ben Bacal teamed up to create their Star Wars-themed “May the Sale Be With You” marketing campaign for a family-friendly $32M luxury listing in Beverly Hills. Continue reading

$100M Coldwell Banker agent leaves Compass after 3 weeks

Frankel, a 20-year veteran of Coldwell Banker, closed $98.5M in sales volume in 2018, making him a top producer at the brokerage. Continue reading