One-time $100M Bel Air mansion falls to Earth with huge price cut

“Realistically in this market, this is what it’s worth – it’s priced to sell,” said Shawn Elliott of Nest Seekers, one of the agents who listed the property last week. Continue reading

Richard Hottinger and team return to Douglas Elliman after 7 years

Hottinger, whose team was previously affiliated with Corcoran, returned to Elliman to gain a firmer foothold in Miami and for development project opportunities, he told Inman exclusively. Continue reading

Corcoran Legends Realty acquires Renwick Real Estate

The Westchester County-based Corcoran Group franchisee has welcomed the long-standing independent brokerage to its ranks, adding 16 agents and one new office. Continue reading

Fresh off Super Bowl baby bump, Rihanna’s starter home hits market

The seven-bedroom Beverly Hills home was also occupied by John Legend and Chrissy Teigen from 2016 to 2021. After an initial unsuccessful offering of $19.25 million, the current owner is attempting to offload it at a loss. Continue reading

Sotheby’s snags leading South-Central Texas team to form affiliate

The team formerly known as the Southern District Properties Group at Compass will now become Sotheby’s newest affiliate in Texas, Southern District Sotheby’s International Realty. Continue reading

‘Our values shot up astronomically’: Behind Coeur d’Alene’s viral ascent

A highly livable city with space to spread out suddenly becomes attractive to wealthy, out-of-state buyers who can now work remotely and have the purchasing power to snatch up the home that suits them. What will happen to the market in 2023? Continue reading

A home touted as the priciest in the US a decade ago returns to market

A Connecticut estate made headlines in 2014 when it sold for a then-record $120 million, making it America’s priciest home sale at the time. Now its owners are giving it a shot on the market for $30 million more. Continue reading

Corcoran Icon Properties brings on Real Estate People team, new office

The 40-person team, formerly of Coldwell Banker, has also brought on its Northern California office located in the Berryessa neighborhood of San Jose to Corcoran Icon Properties. Continue reading

CA Christie’s affiliates show huge growth in year of new partnerships

The luxury brand’s billion-dollar growth in terms of agent business came in large part from strategic recruitment by its Sereno and Orange County affiliates, as well as the addition of star agent Aaron Kirman. Continue reading

The Prince Team reins supreme in move from Compass to Corcoran

Dockery and the Prince Team have netted $500 million in sales volume across 800 transactions and will now be affiliated with Corcoran’s SoHo office, the brokerage told Inman exclusively. Continue reading