Sellers say Compass agent flooded their home, then ghosted them

Aaron Schwid and Youngkey Chung trusted Compass agent Matt Isbell with the sale of their home, in part because he had appeared on “Million Dollar Listing.” But evidence shows his actions may have set off the home’s sprinklers and flooded it while the c… Continue reading

Mauricio Umansky settles Malibu lawsuit with pro-Israel donation

Following the attack in Gaza in October, plaintiffs in a lawsuit against Umansky and his partners decided their time and energy would be “better served” on more important matters, allowing Umansky to settle with a donation to a pro-Israel charity. Continue reading

Leigh Brown is running for Congress — again

The former NAR vice president of advocacy also ran for Congress in 2019, and at that time, she sued the Federal Election Commission for ordering her to stop running business ads in advance of that year’s primary. Continue reading

Compass COO Greg Hart to leave company at year end

Hart joined Compass in 2020. After his departure, the fast-growing brokerage will eliminate the role of chief operating officer. Continue reading

Major real estate players push back against Florida’s foreign buyer ban

Lobbying group the Real Estate Roundtable, which represents the interests of investors like Citigroup Inc., Blackstone, Related, Starwood and Wells Fargo & Co., is appealing to state legislators to amend Governor DeSantis’ new, restrictive foreign… Continue reading

Millennials are more real estate obsessed than their parents: Poll

Nearly 60 percent of millennials said they felt homeownership is more important now than it was for their parents, according to the results of a new survey released earlier this week by Bank of America. Continue reading

KW begins notifying former agents of profit-sharing cuts

People who left Keller Williams for a competitor have begun receiving letters telling them that their profit share earnings will be reduced from 100 percent to 5 percent. Continue reading

Forget the deadbolt, residents of these trusting towns say

People who live in Hollister, California, feel most confident about leaving their doors unlocked at night, according to a survey by Automatelife.net, because of low property and violent crime rates. Continue reading

Barbara Corcoran’s ‘golden rule’ of real estate investing

On a recent podcast, the Corcoran Group founder shared her strategy for success in real estate investment that she says has helped earn her a net worth of $100 million. Continue reading