David Parnes of the Agency on a 1-in-a-million tear-down opportunity

“Million Dollar Listing” star David Parnes shared with Inman a deal involving a buyer who paid over $30 million to raze an L.A. mansion. Continue reading

Engel & Völkers opens new shops in Tennessee and Wyoming

The new offices will build on the brand’s existing presence in those states, in Nashville and Jackson Hole. Continue reading

3 tips for breaking into the luxury real estate market

Confidence is key if you’re in the business of buying and selling real estate, and it’s especially crucial if you’re trying to break into the high-end market. That said, there are other factors that will help you get your foot in the door. Here are a few. Continue reading

Pacaso launches second-home co-ownership in Park City, Utah

Pacaso, the fast-growing platform facilitating co-ownership in vacation homes, announced its expansion into the ski community of Park City, Utah. Continue reading

How to manage expectations and move sellers to realism

Tami Pardee and Aaron Kirman are two of luxury real estate’s top producers, and they are sharing their success secrets on how to navigate tricky conversations, get your sellers to price the home right, and manage expectations with your clients througho… Continue reading

93rd-floor condo in world’s tallest residential building sells for $28.5M

The Central Park Tower in Manhattan was completed earlier this year, but vacancy stands at a paltry 85 percent. Continue reading

Record-breaking cryptocurrency penthouse returns to market

After four short months, the 5,067-square-foot lower penthouse unit of Arte by Antonio Citterio in Miami is returning to market — and once again, cryptocurrency bids are accepted. Continue reading

SparkOffer’s open-bid model helps listing agents market homes: Review

SparkOffer is an open-offer model for buying homes, run by the listing agent to help market sellers’ homes. It can especially benefit agents with unique luxury listings, investment properties, land and other real estate that doesn’t earn a lot of atten… Continue reading

MoMa penthouse with $36M asking price sells to anonymous buyer

The penthouse unit of 53 West 53, also known as the glass skyscraper above New York’s Museum of Modern Art, has a new owner. Continue reading

The next class of luxury homesellers is younger than you might think

In 2020, nearly half of homesellers were classified as baby boomers or the silent generation, but through the next year, a whopping 80 percent of luxury sellers will be millennials and Gen Xers. Continue reading