Gains and losses amid market shifts: Q2 2024 earnings

The Q2 earnings are in: From Zillow’s revenue boost to RE/MAX’s struggles, Jessi Healey breaks down who’s up and who’s down. Continue reading

NYC broker Lisa Simonsen leaves Elliman for Brown Harris Stevens

The “Kendra Sells Hollywood” star is ranked among the top 75 individual brokers in New York City and the top 0.5 percent of brokers in the U.S. Continue reading

Elliman shareholder’s demands gain traction from advisory firms

Two weeks after Brad Tirpak sent a shareholders’ letter seeking votes against chairman Howard Lorber, advisory firms Glass Lewis and ISS are echoing the vocal investor’s recommendations. Continue reading

Alexanders left to pick up pieces of Official after other co-founders exit

After unsuccessful negotiation attempts with Oren and Tal Alexander, Chief Growth Officer Nicole Oge, CEO Richard Jordan and President of New Development Andrew Wachtfogel are “forfeiting ownership” of the firm. Continue reading

More agents leave Official in wake of Alexander brothers’ departures

At least five agents based in New York and Miami have left the firm in about the last week. Previously, West Coast founding broker Tyrone McKillen had also left the Side-backed brokerage. Continue reading

Douglas Elliman sees revenue tick up in Q2 2024

The company’s improved financial results no doubt came as a sigh of relief, as Elliman faced increasing pressure from shareholders in recent months because of its shaky performance over the past few quarters. Continue reading

‘Reality’ is a misnomer when it comes to real estate TV shows

Ben Belack of “Buying Beverly Hills” and Ernie Carswell of “Kendra Sells Hollywood” shared with Inman Connect Las Vegas attendees the nitty-gritty of being on reality TV. Continue reading

Elliman shareholder says Howard Lorber deserves bonus claw back

Shareholder Bradley Tirpak said in a letter to investors published on Wednesday that Lorber’s leadership had fallen short as the firm has continued to see financial losses and scrutiny amid the Alexander brothers sexual assault scandal. Continue reading

Communicate value with authenticity and active listening

Not every agent can or should communicate their value through “bold statements,” agents said during a panel at Inman Connect Las Vegas. That’s why remaining authentic to oneself is paramount. Continue reading

Douglas Elliman, Side execs knew of Alexander bros, sources claim

New reports from “The New York Times” and “The Wall Street Journal” suggest that executives at Douglas Elliman and Side had heard about sexual assault allegations made against the Alexander brothers while they worked for their firms. Continue reading