Alexander brothers kept in custody after Friday court appearance

Oren and Alon will be held in federal custody at least until their detention hearing on Dec. 30. Assistant U.S. Attorneys said in a new filing that Tal’s motion to reopen his detention hearing “should be denied in its entirety.” Continue reading

Redfin commission model drawing more, better agents: Jason Aleem

Aleem, Redfin’s chief of real estate services, also said the agents who have joined since the company adopted a commission model are making more money. Continue reading

Ken Griffin sells Chicago penthouse half price at $11M

The Citadel CEO has been offloading his Chicago properties as he continues to separate from the Windy City and put down more roots in Miami, where he and his company relocated in recent years. Continue reading

Florida broker sues ex over snubbed $1M+ commission

While repping their former marital home, Alyssa Morgan presented her ex, John Jansheski, with a $70 million offer, which he declined. Several months later, he accepted a $57 million offer from the same buyer after he had assigned a new listing agent. Continue reading

Isaac Lustgarten leaves Official for The Corcoran Group

The luxury broker is the latest to leave embattled Official in the wake of multiple lawsuits alleging the Alexanders committed rape and sexual assault. Lustgarten has closed more than $250 million in career sales. Continue reading

Consumer goods mogul buys Miami parcels for $100M

Consumer goods magnate Anand Khubani has bought three parcels on La Gorce Island from the trust of the late Dr. M. Lee Pearce, marking the priciest deal in Miami-Dade County so far this year. Continue reading

Compass nabs high-profile NYC agent from Official

Jared Schwadron operates in New York City, the Hamptons and Miami and is the latest get for Compass as it competes to build a roster of top agents in lean times. Continue reading

Bezos got a bargain. Now the homeseller’s suing Douglas Elliman

After learning that Amazon founder Jeff Bezos was behind the entity that had purchased his Indian Creek Island home at a $6 million discount, homeseller Leo Kryss was not pleased with the brokerage, which double-ended the deal. Continue reading

‘Business as usual’: Hiccups but few calamities as NAR rules roll out

New National Association of Realtors rules kicked in Saturday. By Monday, agents said they were fielding questions from clients, among other hurdles, but not seeing widespread chaos. Continue reading