A former employee of Portfolio Escrow — a firm Douglas Elliman acquired in 2020 — says she was fired after raising concerns. But the company accused the former employee of embezzlement
In May, Elliman requested to move the dispute into an arbitration and provided all relevant agreements to Holly Parker's claims. Parker withdrew the lawsuit without prejudice
Stephen Kotler is leaving Douglas Elliman following a 3-decade career at the brokerage. Meanwhile, his son Max has joined Corcoran Group with intentions of building a new team
Principal Ivan Sher has tapped former Elliman manager Christi Carrillo to lead the new office in the Las Vegas feeder market. The office is starting with 11 agents; most were previously with Elliman
Kotler has been with Elliman for more than 30 years, and will return to work in sales alongside his brother and son on the Kotler Team in NYC following a tumultuous period for western operations
The lawsuits between the brokerage company and Portfolio Escrow's Bill Grasska alleging kickbacks by high profile brokers, which were launched in October, are now resolved
In lawsuits filed this fall, Douglas Elliman accused escrow employees of concocting a commission-sharing scheme with the 'star of a reality television show' but stopped short of naming Oppenheim
The allegations launched by 2 former employees claim that closing statements had been altered to bump up agent commissions, with a particular bias in favor of the Altman Brothers
The brokerage exec shared details about his day-to-day at Elliman, thoughts on current industry challenges and how, despite popular opinion, an election year has little impact on the market
The team closed the priciest sale in Orange County last year at $55M and was named the No. 1 large team in the 2023 Ellie Awards. Terms of the multi-year contract were not disclosed
Opinion
Suddenly, real estate has become antagonistic and fiercely competitive, with major forces colliding and jockeying to reshape the landscape
New executives, managers and agents in the residential real estate, tech and mortgage spaces
A recap of the ISCF panel Q&A