What COVID surge? Agents carry on as cases, vaccine mandates rise

COVID-19 cases are on the rise, and brokerages are cracking down with vaccine mandates, but agents don’t believe it will disrupt the market like it did during last year’s peak. Continue reading

Dottie Herman steps down as Douglas Elliman CEO

Scott Durkin, who has served at the brokerage since 2015, will take the helm, according to representatives who say Herman has been cultivating him for the CEO role for years. Continue reading

David Bowie’s NYC pad sells after less than a month on the market

The late pop rock icon bought the four-bedroom SoHo condo for $3.81 million in 1999. It sold earlier this month for $16.8 million. Continue reading

Wave of new agents swarm NYC market amid inventory shortage

The number of new agents entering the New York City market rose 7 percent in May as the city continues its economic recovery, according to data analysis company Corofy. Continue reading

How 5 top brokerages revamped their training programs

As the industry shifted in unprecedented ways over the last year, many of the country’s biggest brokerages upgraded their training strategies to better serve their agents. Continue reading

Realogy opens Inclusive Ownership program to 5 more brands

After a successful rollout at Coldwell Banker, Realogy is expanding the diversity initiative to all of its franchise brands starting April 27. Continue reading

Corcoran adds home improvement program to agent suite of tools

RealVitalize, a home improvement resource for sellers, will now be available to Corcoran agents and their seller clients across New York City, the Hamptons and South Florida. Continue reading

Lawsuit accuses 88 landlords and brokerages — including Compass and Corcoran — of discrimination

The lawsuit filed in federal court in Manhattan on Monday by watchdog group the Housing Rights Initiative claims the New York City brokerages and landlords in question have discriminated against people with housing vouchers. Continue reading

New York state clarifies: Home showings should only be virtual

After confirming that home showings were “essential business” to New York Realtors on Wednesday, the ESDC clarified on Thursday that home showings should be conducted virtually. Continue reading