Douglas Elliman posts mounting losses, declining revenue in Q3
The New York-based brokerage reported consolidated revenues of $251.5M in Q3, a drop from the third quarter of 2022 when it tallied $272.6M in revenue, according to an earnings call Wednesday
by Ben Verde Nov 8
Sitzer | Burnett plaintiffs' attorneys in talks with Department of Justice
Disrupting the National Association of Realtors' use of multiple listing services as a 'vehicle for higher commissions' is at the center of talks, lawyer Michael Ketchmark told Inman exclusively
That's a lot of zeroes. So where do we go from here? The Download
This week, we're breaking down the aftermath of that $5B verdict in favor of the plaintiffs in the bombshell Sitzer | Burnett commission lawsuits
by Christy Murdock Nov 3
Exemplary agents will see commissions grow: NextHome CEO
Opinion
NextHome CEO James Dwiggins points out that the final chapter of the bombshell commission lawsuits hasn't been written. Find out what you need to know to plan ahead
by Bernice Ross Nov 3
EXp maintains profitability as revenue declines 2% to $1.2B
EXp World Holdings' revenue declined 2% annually to $1.2B in the third quarter, according to a call on Thursday. The company held onto its profitability, with net income reaching $1.4M
by Marian McPherson Nov 2
Play to your own strengths to meet the challenges of today's market
Michael Valencia spoke alongside Megan Romine and Dana Cadena at Inman Connect about recent techniques they've pursued for growing their businesses
by Ben Verde Nov 2
Sitzer attorney files new suit against Compass, Redfin, others
Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy
Altman Brothers expand to Arizona with Grigg's Group partnership
A new boutique luxury brokerage called Grigg's Group Powered by The Altman Brothers builds on a decade-long relationship the team formed with team leader Scott Grigg, Inman has learned
by Lillian Dickerson Oct 25
Seasonal price changes show signs of life as rents drop in September
After coming within $2 of a historical high record during August, the national median rent price dropped 2.02% last month
by Ben Verde Oct 17
Sitzer | Burnett: Live updates from the buyer-agent commission trial
The long-awaited Sitzer|Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more
by Inman Oct 16
Hollywood's top 35 luxury real estate agents, revealed
It takes a highly qualified real estate agent to perform at the level that many celebrities demand. Here are the top ones serving Hollywood today, according to 'The Hollywood Reporter'
by Lillian Dickerson Sep 29
Douglas Elliman fair housing case reveals agent confusion over law
A discrimination lawsuit filed by Shaniqua Newkirk, a Black Section 8 voucher recipient, against several prominent agents has brought to light misconceptions about agent fair housing duties
by Lillian Dickerson Sep 26
Manhattan's 'Devil Wears Prada' townhouse sells for $26.5M
The 7-bedroom 6-story townhouse on Manhattan's Upper East Side spans 12,000 square feet and was listed for $27.5M in May
by Ben Verde Sep 25
Josh Flagg and partners form media company Estate Media
The real estate media company will aim for coverage that bridges the gap between hard, industry-focused outlets and the swath of popular reality TV programs that have hit the industry recently
by Lillian Dickerson Sep 22
DelPrete: Legacy brokerages make strides, but upstarts have the edge
Opinion
Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes
by Mike DelPrete Sep 6