MLB pitcher donates $9.75M mansion to special needs camp

The current Chicago Cubs ace recently pitched a perfect real estate game when he gifted his 32,000-square-foot Missouri lakeside mansion. Continue reading

Coldwell Banker franchises combine to form mega-brokerage

The Schmidt Family of Companies, a Coldwell Banker franchise based in Traverse City, Michigan, announced Wednesday it had acquired Coldwell Banker Paradise. Continue reading

Redfin Now is buying homes for cash in Los Angeles

The company had previously been operating its iBuyer program in other parts of Southern California, including San Diego and Orange County, but also revealed Wednesday that it has closed on 150 homes across the region. Continue reading

Ex-Miami agent Kevin Tomlinson could be headed to prison for contacting ‘The Jills’ on Facebook

Kevin Tomlinson, the ex-South Beach Realtor found guilty for trying to extort money from ‘The Jills,’ is once again facing prison time. Continue reading

Corcoran franchises are on sale today. Here’s what one will cost you

Corcoran is officially ready to start selling franchises. The real estate brokerage, under the umbrella of Realogy, officially filed its franchise disclosure document this week. Continue reading

Flat-fee brokerage Home Bay raises $13.5M, plans expansion

Flat-fee real estate company Home Bay just raised millions of dollars and has plans for a major expansion, marking the latest development in the cut-throat world of disruptive low-cost brokerages. Continue reading

REAL Trends and Tom Ferry form new company

Steve Murray, president of REAL Trends, told Inman that the new company will now handle the annual rankings, which will be rebranded REAL Trends & Tom Ferry The Thousand and REAL Trends & Tom Ferry America’s Best Real Estate Professionals. Continue reading

Former Coldwell Banker team opens Chicago’s first Engel & Völkers office

A former Coldwell Banker team is bringing the international real estate brand Engel & Völkers to Chicago. Continue reading

Unpaid government workers owe $438M in mortgage and rent this month

Federal workers either not being paid or currently furloughed as a result of the government shutdown are estimated to owe approximately $438 million in mortgage and rent payments this month. Continue reading