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

Patrick Carroll makes LA court appearance amid felony charge

Carroll appeared before LA Superior Court judge Francis Bennett II on Tuesday following his July 1 arrest by LAPD and agreed to waive his rights to be present for court dates in the future. Continue reading

Communicate value with authenticity and active listening

Not every agent can or should communicate their value through “bold statements,” agents said during a panel at Inman Connect Las Vegas. That’s why remaining authentic to oneself is paramount. Continue reading

Patrick Carroll released by LAPD on Wednesday following arrest

The multifamily investor has had a number of encounters with police in Miami and LA in recent months in response to disorderly behavior involving guns, as well as DUI and allegations of assault. Continue reading

Will dual agency become common after NAR’s settlement?

Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as “double ending.” Continue reading