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Mortgage brokers warned of warehouse lending scammers

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Victims have been cheated out of hundreds of thousands of dollars overnight, with imposters also gaining access to borrowers’ sensitive personal information. Continue reading →

Keller Williams heads to arbitration in second John Davis lawsuit

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The case is part of a long-running legal battle between Davis, an ex-CEO of Keller Williams, and his former employer. An earlier case Davis filed against KW was also ordered into arbitration. Continue reading →

US homebuyer down payments reach new record, outpace prices

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According to Redfin, the typical U.S. homebuyer’s down payment hit the highest level in over a decade, at 18.6 percent of the purchase price in June, up from 15 percent the previous year. Continue reading →

Top NYC agent Amy Herman, team move to Brown Harris Stevens

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Herman was one of the first agents to follow Ryan Serhant to his eponymous firm from Nest Seekers International, where she had been a member of his team for more than 5 years. Continue reading →

SERHANT.’s ‘Owning Manhattan’ renewed for Season 2 on Netflix

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The first season of the hit reality series featuring agents from Ryan Serhant’s brokerage dropped on Netflix two months ago. A release date for the second season was not immediately made public. Continue reading →

Corcoran Icon Properties expands into Palo Alto

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The Corcoran Group franchise now has 24 physical offices with the launch of its latest in Palo Alto. The office is led by Managing Broker Benyam Mulugeta and Sales Manager and Partner Susan LaRagione. Continue reading →

Digital avatars have arrived: Here’s how real estate pros can use them

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Reimagine sales, marketing and instruction by using digital avatars to bring the human touch to content without the cost, land investment specialist Curtis Williams writes. Continue reading →

New forms aim to sidestep NAR settlement, law professor warns

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In a new report, University of Buffalo contracts law professor Tanya Monestier details ways in which contracts allow buyer agents to collect more compensation than agreed-to with the buyer. Continue reading →

Calque unveils ‘light’ version of its ‘buy before you sell’ offering

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Touted as faster and more affordable, Calque’s new “Contingency Buster” product is tailored to homeowners who don’t need to tap their equity when buying their next home, executives say. Continue reading →

Karlie Kloss, Joshua Kushner make waves with $29.5M Malibu home

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The supermodel and her husband are the proud new owners of the iconic $29.5 million Malibu, California, “Wave House,” sold for the first time in 36 years. Continue reading →