Redfin eliminates salaries, pivots to commission model in LA and SF
Redfin will still classify agents as employees but, beginning next year, will transition those in some California markets to an all-commission-based pay program
by Jim Dalrymple II Oct 25
New fire-resistant California homes may offer a model for rest of US
Supposedly fire-resistant homes newly constructed in Calaveras County are being built with magnesium sourced from Canada
by Ben Verde Oct 5
After Inman Connect chat, Troy Palmquist lands big role with eXp
Palmquist joined eXp's Michael Valdes on stage to talk recruitment at ICLV over the summer. Now, he's taking his 30-member team to eXp as the brokerage's new director of growth for California
by Daniel Houston Oct 5
Compass scoops up high-end SoCal boutique brokerage
DPP Real Estate has more than 175 agents and specializes in architecturally significant properties. Moving forward, the firm will be known as DPP @ Compass
by Jim Dalrymple II Sep 19
Texas, Florida buyers are trading civil rights for affordability: Redfin
Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey
by Marian McPherson Aug 16
Real estate heroes come to rescue after suffering losses in Maui fires
Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces
by Jim Dalrymple II Aug 15
To win this summer, homebuyers in California are turning every stone
With some of the highest home prices in the nation, California buyers and sellers are having an abnormally difficult time managing higher mortgage rates, agents in the Golden State told Inman
by Marian McPherson Aug 4
New SDAR CEO taking embezzlement suit 'seriously'
Cory Shepard took the reins at the San Diego Association of Realtors last week after now-former CEO Michael Mercurio was accused of stealing over $1M in association funds, the complaint reads
by Jim Dalrymple II Aug 1
San Diego Realtors face suit over ex-CEO's alleged embezzlement
The suit accuses now ex-CEO Mike Mercurio of using association credit cards for personal purchases, inflating his vacation time, and selling items that the association paid for on eBay
by Jim Dalrymple II Jul 28
Los Angeles apartment owners sue over COVID rent freeze
The suit from the Apartment Association of Greater Los Angeles argues that the city's rent freeze rule robs property owners of income and due process
by Jim Dalrymple II Jul 27
Coldwell Banker recruits California power team away from Compass
The Swann Group's agents are the latest of hundreds who have moved from Compass to Coldwell Banker over the past year, the latter brokerage told Inman this week
by Jim Dalrymple II Jul 20
Amid growing insurance crisis, Farmers pulls out of Florida
A number of insurance providers have left Florida over the last year, apparently driven away thanks to extreme weather and a challenging legal landscape
by Jim Dalrymple II Jul 12
Lone Star lawmakers pass 'largest property tax cut in Texas history'
The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the fastest growing states in the US
by Jim Dalrymple II Jul 12
Barbie's Malibu DreamHouse would command $10M — if it was real
In anticipation of the July 21 premier of 'Barbie,' Airbnb has listed a real-life DreamHouse for 2 lucky guests. A Malibu broker estimated closing costs and a sales price for the fabled pink palace
by Marian McPherson Jul 5
Mauricio Umansky separates from wife Kyle Richards: Report
Umansky, the founder of luxury brokerage The Agency, has been married to The Real Housewives of Beverly Hills star for decades, and over the years the duo became reality TV stars together
by Jim Dalrymple II Jul 3