Corcoran Sawyer Smith enters Pennsylvania with new acquisition

With the acquisition of Weidel Real Estate, the Corcoran Group franchisee is adding approximately 180 agents and seven new offices to its ranks, as well as moving into Pennsylvania. Continue reading

Robert Reffkin relinquishes stock unit awards for $7M cash bonus

An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000. Continue reading

Domicile takes gamification of Zillow-scrolling to whole new level

The app is the first-ever game to pull real-time MLS data to merge gaming with an ever-changing real estate market where users can guess home prices and connect with agents. Continue reading

NYC top producers to form The Luxury Alliance Team at SERHANT.

Alexandra Newman, MaryElizabeth Smith and Amit Golriz have left Corcoran to start a new mega team at SERHANT. with four additional Corcoran agents making the move with them. Continue reading

Kanye West asks $53M for windowless home sans electricity

West has abandoned a remodeling job on the Tadao Ando-designed property after getting sued by a live-in contractor and caretaker in September for allegedly forcing him to work 16 hours per day and sleep on the floor near open insulation. Continue reading

Nest Seekers sues Serhant in CT, adding to string of lawsuits

The $10 million lawsuit alleges two former Nest Seekers managers stole the firm’s commissions, clients, intellectual and other confidential property as Ryan Serhant used “unfair and deceptive trade practices” to launch SERHANT. in Connecticut. Continue reading

Bob Kelley Team boomerangs to BHHS Fox & Roach Realtors

After a roughly four-year run with Compass, the 18-person team has returned to Fox & Roach. The team closed more than $73 million in sales volume in the last year. Continue reading

Mauricio Umansky settles Malibu lawsuit with pro-Israel donation

Following the attack in Gaza in October, plaintiffs in a lawsuit against Umansky and his partners decided their time and energy would be “better served” on more important matters, allowing Umansky to settle with a donation to a pro-Israel charity. Continue reading

Can an LA condo set a $50M record? Agents say, why not?

LA’s luxury condo market has never seen a sales price above $35 million. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time. Continue reading

EXp Luxury celebrates its newest phase of international expansion

In addition to launching in Australia and New Zealand, the virtual brokerage also expanded its luxury program into South Africa and the United Kingdom. Continue reading