Debt-ridden Bel Air mega-mansion fails to nab $50M target at auction

As of the auction’s closing bid on Monday, celebrity botox doctor Alex Khadavi’s Bel Air mansion had gone for $46.76 million, below the $50 million reserve price set by bankruptcy courts. Continue reading

Compass brings Shopify CTO Allan Leinwand on as board member

Allan Leinwand has also worked at Slack and Zynga, and will help guide Compass during a period of rapid growth. Continue reading

Home owned by Dolly Lenz has ties to Brad, Angelina and the paparazzi

Sold earlier this week for $13.6 million, the former Douglas Elliman vice chair’s home boasts eight bedrooms and a Hollywood connection to Brad Pitt and Angelina Jolie. Continue reading

From ballet to real estate: ‘Workin’ Moms’ star joins Engel & Völkers

Actor and Realtor Jessalyn Wanlim stars on the Netflix show “Workin’ Moms,” but she’s also been a practicing real estate agent in-between acting gigs since 2016. Continue reading

Compass acquires Consumer’s Title Company of California

Announced Tuesday, the acquisition greatly expands the brokerage’s title insurance reach in the Garden State, where it already claims to be the largest independent real estate brokerage. Continue reading

Reese Witherspoon sells Brentwood estate for $21.5M within 1 month

The 10,000-square-foot home was originally purchased by a trust linked to Witherspoon in 2020 for $15.895 million. Continue reading

Family, staff and hours: 7 sacrifices agents are making amid tough times

As they consider the uncertain future ahead, here’s what real estate agents are giving up in their professional and personal lives. Continue reading

Judge in Realogy-Compass suit steps down due to Compass listing dispute

New York Supreme Court Justice Barry Ostrager recused himself from the long simmering case on Tuesday, three months after his co-op went under contract with a Compass broker. Continue reading

Quetzal Grimm leaves Compass to expand The Agency in Silicon Valley

Grimm, who most recently served as a sales manager at Compass, will lead The Agency’s expansion throughout Silicon Valley with offices located in Los Altos, Palo Alto and Woodside. Continue reading

Compass dethrones Realogy as top brokerage in T3 Sixty Mega 1000

EXp Realty took the top spot for transaction sides. Both it and Compass grew sides and volume by hundreds of percent over the past year, according to real estate analysis and consulting firm T3 Sixty. Continue reading