NRT’s CEO downplays disruption, teases new transaction tools

Ryan Gorman spoke with Inman by phone to discuss some of the challenges this company is facing head-on this year and his now-infamous letter raising concerns about competitor Compass. Continue reading

Michael Douglas appears in epic listing video for his Spanish home

In an effort to sell his glitzy Mallorcan estate, actor Michael Douglas slashed its price by nearly $30 million and appears in a video tour of the property. Continue reading

RE/MAX Select is walking away from realtor.com’s leads

RE/MAX Select, an East Coast real estate franchise with more than 200 agents, is severing its ties with realtor.com’s lead generation platform after 17 years over what it says has been a deterioration of that business service since realtor.com’s parent… Continue reading

Famous California ‘Murder Mansion’ hits the market for $3.5M

The Los Feliz mansion, where cardiologist Harold Perelson once killed his wife with a hammer in 1959, is up for sale for $3.5 million. Continue reading

Amazon HQ2 sent home prices skyrocketing in VA neighborhood

Six months after Amazon said it would build a major office in Arlington County, Virginia, home prices in the area have risen by $110,000. Continue reading

Realtor.com lays off Arizona sales team, consolidates in California

The team in Scottsdale had been working on realtor.com’s lead generation and marketing products, which are geared toward real estate agents. Now, all those sales efforts at realtor.com will be consolidated into an office in Westlake Village, California… Continue reading

Industry veteran Russ Cofano to start team — on and off the court

A brush with death helped Russ Cofano decide to make a major career change. Now, he’ll work as a broker at Windermere Real Estate while fulfilling a dream to coach high school basketball. Continue reading

News Corp. falls short on revenue, touts ‘healthy growth’ in real estate services

News Corp., the parent company of Move’s realtor.com and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of 4 cents per share, compared to the consensus estimate of 1 cent per sh… Continue reading