Inman debuts inaugural class of New York Power Brokers
With this new honor, Inman celebrates the individuals who are making it happen in the Big Apple, one of the country’s most competitive real estate markets
by Inman Jan 22
Billionaires' Row penthouse goes under contract for over $100M
The duplex at Central Park Tower marks one of the rare deals in New York City that has commanded 9 figures in recent years. When it was first listed in early 2023, the unit asked $175M
by Lillian Dickerson Jan 18
Queens is poised to unseat Brooklyn as hottest NYC borough
A new report from StreetEasy suggests that the World's Borough will be crowned the hottest borough in New York City after a stellar 2023
by Ben Verde Jan 11
A Maryland homeowner just filed yet another commission lawsuit
The case is the latest of numerous antitrust lawsuits that have emerged in the wake of the October verdict in Sitzer | Burnett. It names NAR, Compass, Redfin and others as defendants
by Jim Dalrymple II Dec 29
The 31 biggest residential deals of 2023 commanded $50M or more
New York City and Palm Beach, Florida, shouldered the greatest number of high-end luxury transactions in 2023. Marred by its loathed new mansion tax, Los Angeles failed to make the cut
by Lillian Dickerson Dec 29
NYC Douglas Elliman agent Tom Cooper dies at 56
A California native, Cooper was a highly successful luxury agent who fell in love with the 'chaos' of Manhattan's architecture before embarking on his real estate career
by Ben Verde Dec 27
Can an LA condo set a $50M record? Agents say, why not?
LA's luxury condo market has never seen a sales price above $35M. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time
by Lillian Dickerson Dec 15
Real estate CEOs: Big impact from commission suits 'improbable'
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions
by Jim Dalrymple II Nov 17
Commission lawsuits are piling up. Keep track of them all right here
In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate's status quo. Here's a rundown of all the cases
by Jim Dalrymple II Nov 10
Mother of all commission suits filed in Illinois, this time by homebuyers
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
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
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
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