The Agency says ‘hola’ to Mallorca

The franchise marks The Agency’s 50th overall and follows the brokerage’s previous European launches in Amsterdam, the Netherlands and Lisbon, Portugal. Continue reading

Mark Wahlberg’s sweeping Beverly Hills mansion brings in $55M

Mark Wahlberg and his wife, Rhea Durham, initially listed the 30,500-square-foot property for $87.5 million in April 2022 but dropped the ask by $8 million after it sat on the market for several months. Continue reading

Top-producing The Brian Pistorius Group joins Compass

The Chicago-based team has exceeded $50 million in sales volume since 2021 while still at Berkshire Hathaway HomeServices, Compass told Inman exclusively. Continue reading

Costly housing spurred California’s 500,000-person pandemic exit

The state’s population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents’ primary reason for departure. Continue reading

Redfin opens up Redfin Premier luxury services to homebuyers

Redfin Premier services will now be available to homebuyers across 28 markets. The brokerage also announced new designs for its Redfin Premier Agent profiles and listings. Continue reading

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