Mauricio Umansky's winding road from shaky childhood to luxe CEO
After navigating health scares as a child and struggling early in his career, The Agency CEO's wife, Kyle Richards, suggested he get a real estate license, which he says was the 'best decision ever'
At Bespoke Real Estate, racial slurs were part of the job, new suit claims
Jarret Willis, a Black agent who worked at the Hamptons-based luxury brokerage, was smeared by epithets, including 'Jafar' in reference to the 'Aladdin' Disney movie, a white colleague claims
by Lillian Dickerson Mar 23
Rockefeller descendants offload historic Philly estate for $24M
Dating to the late 1700s, the estate known as Kirkwood Farm features 5 historic farmhouses, 2 barns and a springhouse. This marks the 1st time it has been on the market in over 90 years
by Lillian Dickerson Mar 23
Long & Foster co-founder P. Wesley 'Wes' Foster Jr., dies at 89
The brokerage Foster co-founded with Hank Long became known as a giant independent firm across the Mid-Atlantic region, and a pioneer of the 'one-stop-shop' brokerage model
by Lillian Dickerson Mar 20
Redfin Premier expands nationally to more than 100 new markets
Redfin Premier, which matches luxury homebuyers and sellers with a Redfin Premier agent and marketing tools specific to the luxury brand, is launching in every market the brokerage operates
by Lillian Dickerson Mar 16
Long & Foster taps new CEO, president following resignations
The announcement follows the resignations of former Long & Foster Companies CEO Jeff Detwiler and former Long & Foster Real Estate President Boomer Foster, made public on Monday
by Lillian Dickerson Mar 15
Inventory struggle is real, leaders declare in exclusive Inman survey
Leaders and agents who took Inman's first Intel leadership survey said inventory is among their biggest challenges right now — but growing in 2023 isn't totally out of the question
by Jim Dalrymple II Mar 13
Utah 1st state to ban long-term listing agreements enforced by lien
Legislation expected to go into effect April 1 addresses allegedly deceptive tactics employed by MV Realty and was based on a model bill drafted by American Land Title Association
by Matt Carter Mar 2
2 more Tampa-area teams join eXp Realty after Kendall Bonner Team
With their moves to eXp, the teams will merge under the Tampa Bay Home Team banner and will also strategically collaborate with the Kendall Bonner Team across the greater Tampa market
Compass revenue falls in Q4 — but losses narrow despite 'difficult year'
In a Q4 earnings report Tuesday, Compass announced that between October and December of last year, it brought in $1.11B in revenue, down from $1.6B during the same period in 2021
by Jim Dalrymple II Feb 28
BHGRE brings on Rainbow Island Properties in Kauai, Hawaii
The new firm, co-owned and operated by Tim Ross and Joyce Wright Funk, is based in the Hanalei district. Wright Funk's appointment marks the 1st time a BHGRE affiliate has had a Black female owner
by Lillian Dickerson Feb 27
Core's Shaun Osher snatches up landmarked Long Island estate
The real estate brokerage CEO and his wife, Core Chief Operating Officer Brittley Wise, have bought a former working farm that dates back to 1893 for $3.1M, according to reports
by Lillian Dickerson Feb 24
Anywhere profitability dips in Q4 as executives brace for disruptive 2023
Revenue declined 33% in the fourth quarter of 2022 — and 13% year over year — as the franchisor dealt with double-digit declines in transaction and unit volume across every business segment
by Marian McPherson Feb 23
The Agency says 'hola' to Mallorca
The franchise marks The Agency's 50th overall and follows the brokerage's previous European launches in Amsterdam, the Netherlands and Lisbon, Portugal
by Lillian Dickerson Feb 22
Top-producing The Brian Pistorius Group joins Compass
The Chicago-based team has exceeded $50M in sales volume since 2021 while still at Berkshire Hathaway HomeServices, Compass told Inman exclusively
by Lillian Dickerson Feb 21