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

Compass recruits Douglas Elliman agent, industry vet to Palm Beach

At Compass, Thor Brown will serve as director of luxury sales, while Sam Fingold will take on the role of luxury real estate advisor, according to South Florida Agent Magazine. Both will operate out of Compass’ Palm Beach Island office at 150 Worth Ave… 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

Palm Beach, a suburb? Not likely, residents say

Residents were taken aback when GoBanking.com recently categorized the luxury haven as a “suburb.” Local agents agree that Palm Beach is “a category by itself.” Continue reading

Home on private island in Palm Beach sells for record $150M

The sale marks a new record for lakefront properties in Palm Beach. Developer Todd Michael Glaser renovated and expanded the estate, at one point marketing it for more than $200 million. Continue reading

$60M non-waterfront Palm Beach estate one of the priciest ever sold

The mansion on Banyan Road was gut-renovated by homeowner and interior designer Victoria Hagan before being sold off-market to an unknown buyer. Continue reading

$188M Palm Beach estate — the city’s priciest — goes into contract

The estate sits alone on its own 2.3-acre man-made island, and went into contract on Monday. The negotiated price and the buyer’s identity are still unknown. Continue reading

Bess Freedman says Trump is too late to sell Mar-a-Lago for bond

Mar-a-Lago may be worth hundreds of millions, the Brown Harris Stevens CEO said, but there’s certainly not “enough time” to offload it by Monday when Trump’s $454 million bond is due. Continue reading