E&V’s Anthony Hitt says the best thing agents can do now is ‘focus’

The Engel & Völkers Americas president and CEO took time to chat with Inman and shared why agents should be concentrating on relationships — not confusion around commission lawsuits. Continue reading

Tri-State Christie’s Real Estate affiliate launches trusts division

Christie’s International Real Estate Group has welcomed Howard Morrel and Leslie Hirsch to launch the Trusts & Estates Division, which works with attorneys, executors, trustees, heirs and family offices to facilitate the sale of luxury estates and… Continue reading

The Agency brings on Jeff Davidson Group and more teams to SoCal

The former Compass team is the latest in a handful of teams to join The Agency in Southern California over the last few months. The team has over $750 million in career sales volume. Continue reading

Climate activists vandalize Lionel Messi’s $12M Ibiza home

Spanish climate activist group Futuro Vegetal smeared the star footballer’s mansion in red and black paint to blame the rich for the climate crisis, while also highlighting the lack of action on the part of the Spanish government, the group said. Continue reading

Douglas Elliman sees revenue tick up in Q2 2024

The company’s improved financial results no doubt came as a sigh of relief, as Elliman faced increasing pressure from shareholders in recent months because of its shaky performance over the past few quarters. Continue reading

Investment firm loses former Trump hotel to foreclosure auction

Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375 million with a $285 million loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt. Continue reading

Mar-a-Lago security crackdown blockades local luxury listings

Following last month’s assassination attempt on former President Donald Trump, a 24/7 road closure is curbing direct access to a number of Palm Beach luxury listings. Continue reading

Barnes & Noble founder finds buyer for $96M Palm Beach home

Just about one month after listing the property with Leonard Moens, Leonard Riggio’s 1.7-acre oceanfront estate in Palm Beach has gone under contract. Continue reading

How much is a typical luxury home? $750K in Buffalo, $5.3M in Cali

For about the last four years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported. Continue reading

‘Reality’ is a misnomer when it comes to real estate TV shows

Ben Belack of “Buying Beverly Hills” and Ernie Carswell of “Kendra Sells Hollywood” shared with Inman Connect Las Vegas attendees the nitty-gritty of being on reality TV. Continue reading