20 of the most mindbogglingly expensive homes sold this year
It's been a big real estate year for billionaire buyers David Geffen and Jeff Bezos
How to help your buyers win in a competitive market
Although receiving multiple offers can be a positive opportunity for sellers, it can be daunting for buyers. Here's how to help them compete
by James Harris AND David Parnes Oct 22
Pulse: What's your top tip for building a luxury network?
This week, we're asking our readers to share their best advice for cultivating a solid luxury network of trusted agents, brokers, vendors and, of course, clients
by Inman Oct 21
$14M mansion is the Florida Panhandle's priciest new build sale
Just a few months after listing, a Greek-style mansion sold for $14 million, setting a record for the region's most expensive new construction sale
Home immortalized in iconic Slim Aarons photograph listed for $25M
A Richard Neutra-designed home captured in a 1970s Slim Aarons photo of California society women has just hit the market with a potentially record-breaking price tag
'Sleepy suburbs' are the new hot spot for luxury buyers
The pandemic has given the world a new perspective, and for luxury buyers, the suburbs have never looked more glamorous
by Lillian Dickerson Oct 20
Pulse: Readers share the biggest myths about luxury real estate
This week, our readers chime in to debunk the biggest myths about the high-end market. Here are all the misconceptions you shared and cleared up
by Inman Oct 20
NextHome launches luxury brand 'The Casan Collection'
The brand will aim "to be a new benchmark for how luxury real estate is represented, marketed, advertised and sold"
by Lillian Dickerson Oct 19
Keep up! 3 tips to navigate the post-pandemic sales boom
Is the COVID-induced hubbub of activity keeping you on your toes? These 3 tips will help you keep your post-pandemic momentum going and stay on track with your clients’ evolving needs
by Santiago Arana Oct 19
Inman Handbook on building a luxury brand
Whether you’re starting from scratch or differentiating your current brand, here are the keys to speaking the language of luxe
Even amid pandemic, luxury sales soared 42% in Q3: Redfin
Luxury sales skyrocketed in 3Q20, even as the number of confirmed cases peaked at 75K on a single day in July and joblessness claims hovered around 1M a week in early August
Jason Oppenheim and the luxury market he has his eye on next
The Oppenheim Group is considering branching out to Corona Del Mar, in Newport Beach, California. 'I don't think I've told anyone that yet,' Oppenheim told Inman
After 2-year stint as indie, Platinum Living joins Corcoran
Corcoran Platinum Living is eyeing growth through acquisition and new development, according to co-founder and broker Jay Macklin
by Patrick Kearns Oct 14
Pulse: What are the biggest myths about luxury real estate?
This week, we'd like to ask our readers to chime in with myths, misconceptions and falsehoods about the high-end market. What would you like to debunk?
by Inman Oct 14
Pulse: Your top tips for breaking into luxury
This week, our readers share their most helpful advice on how agents can make it in the luxury sector and a few ways to build one of the most important aspects of the job — trust
by Inman Oct 13
COVID is transforming Palm Beach into a primary residence market
Paulette and Dana Koch say the pandemic has fundamentally changed the buyer composition in Palm Beach, with more buyers considering a primary home than ever before
by Lillian Dickerson Oct 12
What does 'luxury' mean in the wake of COVID-19?
Opinion
In a post-pandemic world, features that were once taken for granted are now becoming precious to homebuyers. Now, the idea of luxury means something different, and it includes these new in-demand aspects
by Gerard Splendore Oct 12
Property at George Washington's Mount Vernon estate asks $60M — Alexandria's priciest listing ever
Mount Vernon's 16,000-square-foot River View estate combines history with modern amenities on the banks of the Potomac River
by Lillian Dickerson Oct 9
Why this luxury agent bought a SF condo when everyone is leaving
'This is the first time in a good 10-year run that we've seen a lot more available inventory,' San Francisco broker Tracy McLaughlin told Inman
The Real Word: NAR buyer commission lawsuit continues
Opinion
This week, Byron Lazine and Nicole White discuss NAR’s buyer commission lawsuit, working with out-of-state buyers and a new trend in luxury real estate
by Byron Lazine Oct 9
Part Instagram, part Pinterest, property search gets social with Rila
Opinion
This new app, inspired by social media, is perfect for real estate listings and agent lead generation. Fun and engaging, the app's success will fall largely on consumer adoption
by Craig C. Rowe Oct 9
How did Charlotte's most expensive home sell in only 4 days?
Listing agent Josh Tucker, of HM Properties' Lake Norman office, told Inman the quick sale had a lot to do with setting up the French-style chateau and drawing attention to it ahead of time
Davina Potratz of 'Selling Sunset' to leave Oppenheim Group
The agent is leaving Jason Oppenheim's luxury brokerage and heading for Douglas Elliman in Beverly Hills, where she will focus on new development sales and marketing
Can New York City's agents warm to luxury real estate auctions?
Long the standard in Australia, real estate auctions in the US still carry a connotation of distressed and undesirable. Keller Williams agent Duncan Schieb wants to change that
3 tips for marketing luxury listings during the holidays
Unfortunately, the eggnog won’t be flowing at holiday-themed open houses, but there are ways to safely market a luxury listing during this time with a little bit of (pumpkin) spice
by David Parnes AND James Harris Oct 8
Why you should negotiate your commission, not cut it
Your commission is negotiated when you take the listing, but after that point, it becomes 'cutting' — and that is not what a luxury agent should engage in
by Spyro Kemble Oct 8
'Sex and the City' star Kim Cattrall lists Hamptons home for $3.25M
The actress bought the two-bedroom home in 1998 for $420,000 just as the hit show premiered
Pulse: What are your top tips for breaking into luxury?
This week, we're asking readers to share their best tips for newbie agents wanting to pursue a career in the high-end market. What do they need to do, and what skills should they focus on?
by Inman Oct 7
Nest Seekers International adds No. 1 real estate YouTuber to its ranks
YouTuber and producer Erik Conover has joined Nest Seekers after building one of the top luxury real estate and lifestyle channels with 1.5M followers
by Marian McPherson Oct 6
Pulse: The best luxury marketing video you've seen
This week, we're sharing high-end real estate videos that take it a step further with creativity, visual appeal and thoughtfulness. From parodies to sweeping, cinematic videos, here are a handful of top choices
by Inman Oct 6
Behold, the Texas home with America's largest closet
Formerly owned by socialite Teresa Roemer, the 17,000-square-foot home — along with its 3-story closet — has sold after 6 years on and off the market
How to set yourself apart in luxury real estate
To get to the top in the high-end market, you have to build your brand, maintain your reputation, keep working hard and most importantly, love what you do
by Mauricio Umansky Oct 5
What is an 'Amazon room,' and why do luxury buyers want one?
With online orders increasing, many buildings are looking for ways to get more space for residents' packages
Inman handbook: Breaking into the world of luxury real estate
Not everyone starts a career in real estate with a network of well-heeled clients. But luckily, it's still possible to work in luxury even if you're starting from scratch
by Jim Dalrymple II Oct 2
Get a look inside LeBron James' new $37M mansion
In the thick of NBA playoffs, Los Angeles Lakers star LeBron James recently closed the deal on a $36.75M Beverly Hills mansion
Pulse: What's the best luxury marketing video you've seen?
This week, we want to hear about the best, most thoughtful high-end real estate videos that caught your eye. Why did it work, and what made it an effective campaign?
by Inman Sep 30
John Legend and Chrissy Teigen drop $17.5M on new home
One month after putting their Beverly Hills property on the market, John Legend and Chrissy Teigen have purchased a larger home for $17.5M
Bel Air megamansion returns to market with a mega price cut
Dubbed 'Unica' and evoking a resort within a home, the spec mansion returned to the market asking $78M after originally listing for $100M in May
Could empty hotels be converted into high-end housing? Some say yes
'There will be survivors and there will be casualties, and I think those casualties will be ripe for redevelopment,' says Boston-based developer Ted Tye
$35M penthouse is SoHo's most expensive sale ever
The three-floor penthouse of 421 Broome Street set a new record for the priciest home ever sold in this part of Manhattan
Dear Marketing Mastermind: How can I become a neighborhood expert?
Opinion
Want to create more buzz in your neighborhood or geographic farm? Check out these tips from Inman Connect Now's session with David Collins and Alvin Newton of REAL Marketing
Berkshire Hathaway HomeServices sets up shop in Mexico for first time
Berkshire Hathaway HomeServices has brought on its first network member in Mexico in the expat and retiree destination of San Miguel de Allende
by Lillian Dickerson Sep 18
3 facets to consider when choosing your luxury brokerage
Teamwork, technology and marketing play crucial roles in agents’ success. Here’s why you should consider them when looking for a brokerage home
by Mauricio Umansky Sep 18
Prospecting high-net-worth clients? Avoid these 3 massive mistakes
When it comes to high-net-worth markets, referrals are one of the only paths for accessing top clients. As an agent, what mistakes are you making when asking for referrals? Here's how to diagnose the problems and a few ways to fix them
by David Friedman Sep 18
How Douglas Elliman's top duo rose to the peak of NYC real estate
Brothers Oren and Tal Alexander share how authentic relationships, cutting-edge data and a solid work ethic led them to the No.1 spot at Douglas Elliman
by Marian McPherson Sep 15
Two years after divorce, Chris Pratt and Anna Faris sell LA home
Pratt and Faris accepted an offer of $4.75M for their 4,700-square-foot home in the Hollywood Hills West neighborhood of Los Angeles
Yo homes! The 'Fresh Prince Of Bel-Air' mansion is on Airbnb
'Ready for the freshest staycation ever?' Will Smith wrote on the Airbnb listing. 'If this place looks familiar that’s because it’s just as fly as it was when I first rolled up the driveway. I’m back.'
Willow Smith, 19, drops $3.1M on waterfront Malibu estate
The home is LEED-certified, energy-efficient and boasts ocean views from nearly every room
Luxury real estate is 'outpacing the broader market' in some areas
Eric Balog, CEO of luxury-oriented Leverage Global Partners, says the high-end market has thrived in recent months, but that the pandemic should have a "lasting impact" on consumer preference
by Jim Dalrymple II Sep 11
Shaquille O'Neal's Florida mansion is back on market with a price slash
Originally listed for $28M, the 31,000-square-foot Isleworth property is now asking $19.5M
Sale of Doris Day's $7.4M home will go to her animal foundation
Surrounded with flowers and other greenery, the two-floor main home is painted yellow and sits on a knoll overlooking a local golf club
Hamptons season extended into fall and winter, agents say
'We've done more business for October than at any other time in the past that I can remember,' local broker Angela Boyer-Stump told Inman
He's a cowboy. And a Powerball winner. Now he's eying a sales record
Neal Wanless and his family were barely making ends meet when he won South Dakota's largest ever Powerball jackpot. Now, if his ranch sells anywhere near the asking price — $41.15M — it will be one of the most expensive single ranches ever sold in South Dakota
by Lillian Dickerson Sep 4
Idyllic Virginia estate with winery, brewery and famed Budweiser Clydesdales listed for $75M
Mount Ida comes with 26 properties, including a main home, 2 beaches, vineyard, go-kart track and a waterslide leading to a lake, pool, tennis courts and countless trails and ponds
Justin Bieber buys Beverly Hills home for $25.8M at steep discount
Overlooking Beverly Hills in the Beverly Park neighborhood, the 2.5-acre home has gone on and off the market since 2018 and was originally listed for $42M
Infomercial magnate Phil Swift buys $20M Florida mansion
Swift made an offer on the mansion days after it hit the market, making it one of Douglas Elliman agents Devin Kay and Nick Malinosky's quickest sales
by Marian McPherson Aug 31
Developer is using eviction ban to squat in the Hamptons, owners say
Marco Ricotta and real estate agent Jodine Russo have been accused by the property's owners of not paying rent on their Hamptons property since April
3 top Brown Harris Stevens agents join Sotheby's Manhattan HQ
Top real estate brokers Caroline Guthrie, Kathryn Steinberg and Armin Allen join Sotheby's International Realty after decades at Brown Harris Stevens
by Marian McPherson Aug 28
Gary Gold: 'If I was ever going to top what I've done already, this was it'
Gary Gold talks to Inman about his ambitious plan to sell 15 ultra-luxury homes as director of sales for the Malibu Series. 'When I saw this, I went, 'This is it."
A former monastery-turned-mansion hits the market for $25M
The historic property sits on a whopping 23 private acres, yet it's just a few minutes drive from downtown Annapolis and less than an hour from Washington, DC
by Lillian Dickerson Aug 27
One foot forward: Reebok founder sells Boston-area home for $23M
The 27,000-square-foot estate, which Paul Fireman originally put on the market in 2016 for $90M, was cut in price several times and last listed with an asking price of $33M
Eli Manning lists 'Giant' New Jersey estate for $5.25M
Hallee Dangler of Prominent Properties Sotheby's International Realty is the listing agent
Aspen's most expensive home of the year sells for $31.85M
Local agent Carrie Wells facilitated the sale of the property, a 10,014-square-foot spec mansion designed by Ro Rockett Design
Cindy Crawford lists Beverly Hills home for $16M
Kurt Rappaport of Westside Estate Agency is the listing agent representing the property
How COVID-19 has altered LA's luxury market — maybe for good
David Parnes, the star of 'Million Dollar Listing' Los Angeles, talks to Inman about the luxury landscape and how the pandemic has changed the market
John Legend and Chrissy Teigen list Beverly Hills home for $23.95M
The news came not long after the couple announced that they're awaiting their third child
'Million Dollar Beach House' goes inside the world of Hamptons luxury
The new Netflix series 'Million Dollar Beach House' premieres August 26 and provides a deep dive into five Nest Seekers agents and brokers working in the Hamptons
Frank Lloyd Wright's historic spiral house sells for $7.25M
The iconic architect built the house in 1952 for his son and daughter-in-law, but didn't complete some finishing touches before he died. The buyer plans to restore it according to Wright's original designs
Luxury market shows signs of recovery as home prices rise
A new Redfin report found that the median price of a luxury home in the US is $825,000, a 1.2 percent rise from the same period last year
'Golden Girls' home sells for $1M above asking price
'I knew there were a lot of "Golden Girls" fans in the world but I had no idea there were this many,' said listing agent Rachelle Rosten told The Wall Street Journal
Robin Williams' Bay Area estate cut in price by $1.25M
The home, which Williams bought in 2008, was first put on the market in November 2019
The doctor will see you now: Amid pandemic, concierge health is the luxury amenity of the moment
The luxury amenities high-end apartment and condo dwellers have become accustomed to are no longer accessible due to COVID-19. Will private medical offerings take their place?
by Lillian Dickerson Aug 14
'Everything is cash': Prince Harry and Meghan take Santa Barbara
Competition is fierce in the affluent California enclave that Oprah, Ellen DeGeneres and Katy Perry call home. 'If you have a turnkey home and it's vacant and has a pool, you're likely to see an all-cash deal and a 14-day close,' Sotheby's Realtor Dusty Baker told Inman
Jeffrey Katzenberg wins big in $125M Beverly Hills sale
Jeffrey Katzenberg, former CEO of DreamWorks Animation, has sold his Beverly Hills home for $125 million in one of the biggest deals ever closed in the Los Angeles area
by Lillian Dickerson Aug 13
Nailed it! How to create DIY listing videos like a pro
Opinion
For those of you who might not have the professional video budget, mastering iPhone property video is the cost-effective solution you need in your back pocket
by Troy Palmquist Aug 13
Heading to Italy, Nextdoor founder puts San Francisco home on market
In advance of a temporary move to Florence with his family, Nirav Tolia is seeking to sell the Beaux Arts home in Pacific Heights at a significant markup from what he paid in 2011
Biotech CEO buys $57M Vail mansion, smashes sales record
The sale is nearly double the most expensive sale in Vail, Colorado
Planitar partners with Floorplanner and adds powerful multiparty home tours
The Canadian real estate software company's new partnership with Floorplanner and its fast, browser-based virtual showing feature adds significant horsepower to its proptech stable
by Craig C. Rowe Aug 10
A $100M condo? In Los Angeles? Amid a pandemic?
If sold, the 20,000-square-foot penthouse atop The Residences Tower in West Hollywood would nearly triple the largest condo deal ever transacted in Los Angeles County
Social media influencer drops $24.5M on flashy Miami mansion
Douglas Elliman agents Eloy Carmenate and Mick Duchon represented both the sellers and the buyer
'Devil' in the details as haunted mansion hits the market for $2.9M
Loftus Hall, a 900-year-old property that regularly hosts ghost tours, is said to have been visited by Satan himself
Sotheby's acquires 101-year-old San Fran brokerage McGuire Realty
The acquisition has been in the works for months, and the Sotheby's and Golden Gate Sotheby's teams are completing the finishing touches, which include transferring agent licenses and listings over to the Sotheby's network
by Marian McPherson Jul 31
Sight-unseen buying is not the future of luxury, according to this top agent
Inman spoke with agent Branden Williams of Hilton & Hyland about the luxury real estate trends that will outlast the pandemic
Search With Style helps agents market architectural styles
Founded in part by agents at Compass Nook Real Estate Group and a proptech entrepreneur, the new portal lets buyers find specific architectural styles and agents offer sellers a new marketing resource
by Craig C. Rowe Jul 29
Real estate exec sentenced in college admissions scandal lists LA homes
The properties, asking a combined $38 million, are just steps away from Greystone Mansion and are being marketed for their development potential
Manhattan penthouse sells for $100M to anonymous buyer
The buyer, who has not been identified, purchased the penthouse at 220 Central Park South for $99.9M as well as a smaller unit in the building for $1.81M
Here's where wealthy millennials are moving
Washington, Colorado and Texas are the top states attracting wealthy millennials, according to a new SmartAsset study
Tarek El Moussa engaged to Heather Rae Young of 'Selling Sunset'
The 'Flip or Flop' star announced the engagement on Instagram over the weekend with the caption #FlippingHerLastName
Jeffrey Epstein's New York, Palm Beach mansions hit the market
The Upper East Side townhouse and Palm Beach estate are the first of Epstein's properties to be sold off. Others in Paris, New Mexico and the US Virgin Islands may be next
Summer’s hottest amenity? A private pool to wait out the pandemic
Once considered a nice-to-have, private pools are becoming essential for homeowners as the pandemic rages on
'We don't need another $30M home': Mauricio Umansky on the LA luxury market
The founder of The Agency discusses what types of high-end homes are selling now
Amid acquisition dustup, CoreLogic releases visual marketing services portal HomeVisit
Tested by the Rhode Island Association of Realtors & State-Wide MLS, the new portal will allow agents to streamline ordering of multiple marketing services
by Craig C. Rowe Jul 23
LoneWolf adds Adwerx to its den of Marketplace partners
Adwerx has served up more than 15B online ad impressions to date, and the new offering will bring targeted ad programs for real estate brokers and agents into LoneWolf's Transactions, the national transaction management member benefit in the US
by Craig C. Rowe Jul 23
As New Yorkers flee city, Hamptons median home price soars past $1M
The median sales price of a home in the Hamptons rose a whopping 27.1% to $1.08M in the second quarter, according to a new Douglas Elliman Report released Thursday
Britney Spears' former heavily gated mansion hits the market
The stylish Los Angeles garden mansion, shrouded in trees and heavily gated within a gated community in Beverly Hills, just hit the market for $6.8M
$15M mansion brings Greek Islands style to the Florida Panhandle
The new construction house, recently listed for $14.995M, is inspired by the Cycladic architecture of the Greek Islands
Want to boost repeat and referral business? Tap into the power of moments
Opinion
Incorporating a ‘power of moments’ plan is the solution to gaining repeat and referral business. When our team is asked to do something, we have several answers, and they all begin with the letter Y and end with the letter S
by Jeannette Spinelli Jul 18
Nicole Kidman and Keith Urban buy chic New York condo for $3.5M
The condo is located inside a landmarked Italian Renaissance Revival erected in 1889
What does it take to sell a private island during a pandemic?
Nest Seekers agent Dylan Eckardt and owner Noah Gordon have been accentuating the remoteness of the coastal Maine property to appeal to luxury buyers
Hawaiian agents bank on wave of post-pandemic luxury buyers
The island state has been facing unique challenges during the coronavirus outbreak
'Versailles of Manhattan' price is cut in half after 17 years on, off market
The owner of the Upper East Side home, famed commercial broker Ken Laub, first put the property on the market in 2003, then raised the price to $35M in 2007
The home from 'The Golden Girls' can be yours for $3M
'The inside of the real Brentwood residence was private and is being revealed for the first time in 65 years,' reads the listing description
Looking for virtual team building activities? Here’s 4 ways to connect
Here are a few things we’re doing to keep our real estate teams cohesive, connected and collaborative while working virtually this summer
by Mauricio Umansky Jul 16
Uncle-nephew team on what luxury buyers want amid pandemic in New York
'The profile of the buyer right now is somebody who's upgrading,' says Darren Sukenik of the Sukenik Glazer Team in Manhattan
Aspen in July? Pandemic pushes summer crowds to ski towns
'There is a frenzy of people who want to be here and who will pay anything to be here,' says broker Carrie Wells
Bad connection? A luxury home's slow internet can kill a sale
While high-speed internet was once one buyer perk among many, it has become an indispensable part of a home — one that can make or break a sale
$34M Miami Beach spec mansion has a 5,600-gallon aquarium
The $1 million custom aquarium was imported from Japan and is so large that it must be maintained by a scuba diver
Chart-topping rapper Travis Scott buys $23.5M hilltop LA estate
Compass' Carl Gambino worked with Scott while Douglas Elliman's Fredrik Eklund and Marcy Roth represented the seller.
Will city-dwelling homeowners relocate after the pandemic?
Will the pandemic accelerate urbanization or lead to a reversal of the trend? With the country taking its first tentative steps out of quarantine, experts on both sides can point to facts backing up their theory
by Luke Babich Jun 23
Under Armour founder unloads Federalist-style DC home for $17.2M
Kevin Plank, the sportswear company's founder, sold the Georgetown pied-a-terre after lowering the price from $29.5M
Why isn't luxury real estate more inclusive?
Black people often get left out of high-end real estate for a host of interconnected reasons: income disparities, home value disparities and outright discrimination
Condo board balks at DOJ decision to sell seized penthouse at discount
The Manhattan building's board believes the Justice Department's decision to sell the penthouse for $18M — a 70% discount — will impact values throughout the building
Ariana Grande buys $13.7M mansion above LA's Sunset Strip
The purchase comes not long after the pop star revealed that she was dating a real estate agent
Lesson Learned: Focus on quality over quantity
Iconic Atlanta broker Lisa Robinson of Engel & Völkers has built her reputation on the depth of her professional relationships
Sofia Vergara and Joe Manganiello buy Barry Bonds' former estate
Located in Beverly Hills, the main home boasts 17,100 square feet and is designed in the style of an Italianate villa
Entertainment mogul David Geffen buys LA luxury estate for $68M
The home, which Geffen bought from Los Angeles Olympic Organizing Committee President Casey Wasserman, has a long Hollywood history
Lesson Learned: Trust your instincts
As a luxury collection specialist at Engel & Völkers, Leah Robinson-Christian uses her experience, expertise, and strong people skills to offer a higher level of client service while growing her business
Brown Harris Stevens' agent platform 'couldn't have come at a better time'
The long-standing, NYC-based urban luxury independent has developed an agent productivity solution called MAIA. It rests on a Salesforce backbone
by Craig C. Rowe Jun 5
These are the 2 things luxury buyers want right now
At Inman Connect Now, top luxury agents discussed how the pandemic has changed the wish lists and priorities of luxury buyers
How collaborating on listings benefits agents and sellers
When agents join forces to list a property, clients get the benefit of multiple agents — their knowledge, Rolodex, market experience and more. Here are a few more reasons to open yourself up to the possibility of collaborating with another agent
by Santiago Arana Jun 3
Top agent Jordan Cohen on how coronavirus is changing the luxury market
'In a market like this, the best homes will sell but the ones that need an extensive remodeling have to be priced accordingly,' says RE/MAX luxury agent Jordan Cohen
This Maryland house has an entire village in the basement
It may look like just another mansion in the Washington, D.C. suburbs, but the basement hides a mini Main Street
Kerbox Media wants to see all agents in the video spotlight
Founded by a former Southern California agent, the creative services company focuses on all things real estate video, from market updates to Zoom-call coaching
by Craig C. Rowe May 27
How Kofi Nartey transitioned from Hollywood actor to real estate mogul
Veteran real estate agent Kofi Nartey shares his 17-year journey from acting to becoming the broker-owner of his own luxury brokerage
by Marian McPherson May 27
Lesson Learned: Operate from the client’s perspective
Now more than ever, NYC real estate broker Tania Isacoff Friedland keeps the focus on client needs to provide the best possible service
Real estate is looking very different in the Hamptons this summer — here’s why
Top New York real estate agent Jamie Safier is seeing incredible growth in demand in the Hamptons as well as changes in what renters are looking for
Luxury snapshot: Agents in high-end markets are staying busy
The market hasn't fully recovered yet, but agents in luxury markets around the US told Inman that deals are still happening and activity appears to be on the rise
by Jim Dalrymple II May 22
Real estate at 10,000 feet? For luxury agents, helicopters allow work to continue
'When you're feeling cooped up, there's nothing better than feeling free,' Compass broker Seth O'Byrne told Inman
Sylvester Stallone's La Quinta mansion returns to the market
The Rocky actor bought it in 2010 for $4.5M and has been trying to sell it for years
Is this 'The Last Dance' for Michael Jordan's Chicago mansion?
The basketball great's $14.8M home has been on the market for eight years. Will "The Last Dance" give the listing a much-needed boost?
by Lillian Dickerson May 18
How the coronavirus pandemic is reshuffling the luxury real estate market
Buyers are looking for homes in different places, and with different characteristics, than they did before COVID-19 brought chaos to the US
by Jim Dalrymple II May 15
Pandemic unlikely to kill demand from foreign luxury buyers
The pandemic's chaos has upended many parts of the economy, but luxury agents believe international buyers will still gravitate toward the relative safety of the U.S. market
by Jim Dalrymple II May 15
See inside a $100M Bel Air megamansion with 21 bathrooms
Known as UNICA, the 41,000-square-foot megamansion is designed to offer resort living at home
Keeping It Real: Preparing for a post-COVID-19 market
Opinion
Fear might be trying to grab the wheel, but if you let service and optimism drive, you’ll get there
by Peter Lorimer May 14
Actor Rob Lowe's one-time Montecito home lists for $22.5M
The spacious California property is designed to look like a classic English manor
What does the luxury home auction market look like now? Laura Brady weighs in
As the CEO of an international luxury real estate auction firm, Laura Brady has her finger on the pulse of the industry. In this podcast, she shares how the market is shifting and adjusting today — plus the ins and outs of the auction process
by Byron Lazine May 11
Sotheby's launches first-ever global luxury real estate portal in Mexico
Sotheby's International Realty partnered with business publication Expansión to showcase international listings to more than 15 million readers
by Marian McPherson May 11
Ariana Grande's luxury agent boyfriend appears in music video
Dalton Gomez, 26, is a member of Aaron Kirman's team of luxury agents
Ed McMahon’s former Beverly Hills mansion lists for $6.8M
McMahon was once at risk of losing the house to foreclosure, which caught the attention of President Donald Trump
Palm Beach luxury real estate market shows signs of turning around
"I think there are stirrings of optimism — I think that's a good way to put it," broker John Hackett said
Michael Bloomberg pays $45M for Colorado estate
The deal closed six weeks after the billionaire businessman dropped out of the presidential race
As states reopen, some luxury agents are returning to open houses
'The threat of contracting it is still there but I do think that, in order to serve the client, I have the responsibility of coming up with a way to do this,' Atlanta Realtor Kim Wilkin said
After vowing to sell his 'physical possessions,' Elon Musk lists two homes
After tweeting that he plans to sell 'almost all physical possessions,' the tech entrepreneur listed two of his luxury homes on Zillow
New York mansion linked to shah of Iran slashed to a 5th of its original price
12,000-square-foot townhouse first hit the market in 2014 for $50M. It was cut to $28M in 2017, and now, it's been relisted for $11.45M — or a fifth of the original price
As the pandemic persists, demand for remote luxury living soars
An estate in a remote part of southeastern Florida has hit the market for $25M — but it's only the most recent socially distant home to draw attention from the upper class
Goodbye sports cars, hello restraint: Luxury marketing flips the script
'The over-the-top marketing, the partying and the champagne is not cool right now,' said Donna Olshan, a luxury Realtor and the founder of Olshan Realty in New York
Kylie Jenner buys Beverly Hills spec mansion for $37M
The property was spearheaded by developer Gala Asher and originally listed for $55M
LA agents clamoring to help Harry and Meghan house hunt
'It's almost a free-for-all,' Million Dollar Listing's Josh Altman told TMZ
Meg Ryan's one-time home hits market for $19.9M
The home was built in 1889 and is a gem of classic San Francisco architecture
Bill and Melinda Gates buy oceanfront mansion for $43M
The property, which sold in March, sits at 5,800 square feet
Brooklyn home shatters borough sales record following $20M deal
The record-setting property is a 7,433-square-foot Brooklyn Heights penthouse with a massive terrace overlooking the Manhattan skyline
NBA star Kevin Durant's former Bay Area home lists for $6M
The Brooklyn Nets player, who was stricken by coronavirus in March but has since recovered, used to rent this seven-bedroom home
Amid pandemic, auctions surge among luxury owners eager to sell
'Real estate agents need to be more aware of the auction as an opportunity,' says Ben Brady, regional director at Harcourts North America
Man fleeing coronavirus pays nearly $2M to rent Hamptons mansion
It was unclear when the man made the move or if it was before Governor Andrew Cuomo issued orders on March 20 for 'non essential' New York state workers to stay at home
Compass agent accuses ex-assistant of stealing secrets to launch career
Compass agent Cindy Ambuehl claims ex-assistant Christina Collins used private client, listing and lead information to launch her own career in luxury real estate
New York developer with COVID-19 hopes for major post-pandemic upswing
'Once we get to the bottom of this pandemic, there is going to be such a pent-up demand to transact,' Sharif El-Gamal tells The Real Deal
Brooklyn luxury sales drop by 50 percent: Compass
Only 3 contracts to buy high-end homes were signed last week
This Massachusetts mansion is the oldest home for sale in the US
The Col. John Barstow house is 380 years old and 17 miles north of Plymouth Rock
3 ways to get buzz for your luxury listing as the market changes
Now’s the time to get creative and adjust to the current environment. Don’t be afraid to partner up and embrace new technology to better serve your market
by Troy Palmquist Mar 26
This luxury agent is sheltering in place with girlfriend Ariana Grande
Aaron Kirman real estate agent Dalton Gomez reportedly began dating the pop star several months ago
Even during spread of coronavirus, New York luxury sales soar
Buyers signed 21 contracts for apartments worth more than $4M last week
A lighthearted listing campaign during tough times
Fredrik Eklund and Ben Bacal teamed up to create their 'Star Wars'-themed 'May the Sale Be With You' marketing campaign for a family-friendly $32M luxury listing in Beverly Hills
by Lillian Dickerson Mar 16
A house made to survive a nuclear war listed for $30M
To access the nuclear shelter, residents need to take a dive in the home's pool