Kamini Lane named president and CEO of Coldwell Banker Realty

Lane’s appointment comes after M. Ryan Gorman’s abrupt ouster as CEO in December. The brand also announced that Liz Gehringer would take on an expanded role as president and CEO of Anywhere Franchise Brands, the company exclusively told Inman. Continue reading

‘All strapped in’: Luxury clients face whiplash as banking fallout unfolds

The sudden change in the global banking landscape has left luxury real estate clients hanging out “in the parking lot,” Kofi Nartey said, as they wait to see where the remaining chips will fall. Continue reading

58 cities that had million-dollar homes in 2022 don’t anymore: Study

The number of U.S. cities where the typical home value was $1 million or more has dropped from a high of 522 in July 2022 to 464 as of January 2023. Continue reading

Keller Williams’ sales dip in US as agent count takes big leap overseas

Transaction sides fell 18.2 percent year over year for a total of $472.9 billion in sales in 2022, a 12.5 percent decline, according to a full-year earnings report released Monday afternoon by the Texas-based brokerage. Continue reading

Florida top producers Adam Levy and John D’Amico join Compass

The agents join Compass from Berkshire Hathaway HomeServices and boast at least 25 years of experience in the industry, Compass exclusively told Inman. Continue reading

The message is blunt: Real estate leaders anticipate a tough 2023

Inman’s first-ever Intel leadership survey revealed that leaders think the market will be worse in 2023 compared to 2022 — but they also expect to thrive regardless of the economic headwinds. Continue reading

It’s a Bel Air mansion with its own $25,000 fragrance. But why?

Designer César Giraldo believes the decision to conjure a custom branded fragrance for a single homeowner at 1859 Bel Air Road will pay off by bridging marketing, design and emotional appeal. Continue reading

Real estate took a drubbing in Q4, but some companies still surprised

Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves. Continue reading

Blame it on the ‘volatile housing market’: Your Q4 2022 earnings roundup

As companies report their Q4 and full-year earnings, industry-watchers read the tea leaves for indications of what’s working now — and what’s likely to happen next. Continue reading