Compass recruits Douglas Elliman agent, industry vet to Palm Beach

At Compass, Thor Brown will serve as director of luxury sales, while Sam Fingold will take on the role of luxury real estate advisor, according to South Florida Agent Magazine. Both will operate out of Compass’ Palm Beach Island office at 150 Worth Ave… Continue reading

Treasury finalizes new rules for luxury cash sales reporting

Treasury Secretary Janet Yellen said the new reporting rules will “close critical loopholes in the U.S. financial system” that had allowed criminals to launder money through all-cash residential real estate transactions. Continue reading

New York’s Flatiron Building to be transformed into 60 luxury condos

The iconic Flatiron Building in Manhattan is set to undergo a transformation from outdated office spaces to luxury residences and retail, according to new building plans revealed earlier this week. Continue reading

What this summer’s foreign buyer data means for you

New Inman contributor Kashif Ansari digs into the National Association of Realtors’ annual report on international buyers. Continue reading

Accelerate results with 8 one-on-one secrets (and a bonus secret)

Take a new, unconventional approach to one-on-ones that emphasizes the needs, preferences and goals of your agents, luxury consultant Chris Pollinger writes. Continue reading

Official’s co-founder split: Alleged threats and a scramble to rebrand

As Nicole Oge, Richard Jordan and Andrew Wachtfogel sought to start fresh, Oren and Tal Alexander allegedly threatened legal action if they were to be voted out of the firm, The Real Deal reported. The Alexanders deny the allegation. Continue reading

Top NYC agent Amy Herman, team move to Brown Harris Stevens

Herman was one of the first agents to follow Ryan Serhant to his eponymous firm from Nest Seekers International, where she had been a member of his team for more than 5 years. Continue reading

SERHANT.’s ‘Owning Manhattan’ renewed for Season 2 on Netflix

The first season of the hit reality series featuring agents from Ryan Serhant’s brokerage dropped on Netflix two months ago. A release date for the second season was not immediately made public. Continue reading

Corcoran Icon Properties expands into Palo Alto

The Corcoran Group franchise now has 24 physical offices with the launch of its latest in Palo Alto. The office is led by Managing Broker Benyam Mulugeta and Sales Manager and Partner Susan LaRagione. Continue reading

Karlie Kloss, Joshua Kushner make waves with $29.5M Malibu home

The supermodel and her husband are the proud new owners of the iconic $29.5 million Malibu, California, “Wave House,” sold for the first time in 36 years. Continue reading