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

California’s loathed ‘Mansion Tax’ falls flat in first full month in effect

Implemented in April on properties over $5 million, the ULA Tax was intended to bring in an average of $56 million in revenue per month to the city of L.A. During its first month, it brought in just $3.6 million. Continue reading

Broker Spotlight: Corey McCloskey, John R. Wood Properties | Christie’s International Real Estate

Learn how this Florida broker-owner respects her third-generation, family-owned company’s history while keeping an eye on the future. Continue reading

Thad Wong and Chris Lim pop the hood on Christie’s proprietary tech

During the 18 months that have taken place since the acquisition, the firm has gradually rolled out its proprietary technology, pl@tform, to Christie’s affiliates and early adopters are now seeing “great impacts,” said Thad Wong. Continue reading

Christie’s welcomes leading luxury Puerto Rican firm into network

San Juan-based Clubhouse Real Estate is now Christie’s International Real Estate Puerto Rico, becoming the island’s exclusive affiliate for the luxury real estate firm. Continue reading

Christie’s brings on Islandia as new affiliate in US Virgin Islands

The independently owned Islandia Real Estate is now Islandia St. John Christie’s International Real Estate, led by Managing Director Keleigh Rees. Continue reading

Just in time for 90th birthday, Carol Burnett’s LA condo sells for $3.7M

Burnett purchased the 2,800-square-foot 13th-floor unit for $1.26 million in 2002, and renovated it with husband Brian Miller in 2011. The property sold five days before her birthday, according to Zillow. Continue reading

Christie’s heads to bourbon country with affiliate in Lexington

Led by Rusty and Rachel Underwood, the new affiliate known as Christie’s International Real Estate Bluegrass will service parts of the state known for bourbon distilleries and thoroughbred racetracks, the company exclusively told Inman. Continue reading

Christie’s affiliate owners: In a downturn, spend money (prudently)

The two-day Christie’s International Real Estate conference in the Cayman Islands drew broker-owners — including Aaron Kirman in his debut at the event — from four continents and around two dozen U.S. states. Continue reading

A reason for the luxury slowdown? We may be in a ‘richcession’

Luxury home sales slowed faster than lower-priced homes. Crypto, tech stocks and proptech values plummeted. Is the slowdown impacting wealthy buyers more? Continue reading