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New brokerage Showings bets on buyer leads over listing commissions

Artificial Intelligence, Atlanta, Brokerage, Chicago, Florida, Georgia, HWmember, Illinois, New York, New York City, Orlando, Real Estate, Real Estate Agents, Real Estate Listings, Technology /

A new real estate brokerage aims to eliminate traditional listing agents and listing fees altogether — a model its founder says could challenge decades-old assumptions about agent compensation. Showings announced it will officially launch May 22 in New York City, Atlanta, Chicago and Orlando. The company describes itself as the first nationwide real estate brokerage […]

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Compass agent launches Family Office Team, expands advisory model

Brokerage, Compass, Florida, HWmember, Luxury Real Estate, Miami, New York, New York City, Real Estate /

A new advisory group focused on high-net-worth real estate clients has launched within Compass, expanding an existing network designed to serve family offices and multi-generational wealth portfolios. The initiative — called the Family Office Team — was founded by agent Cindy Scholz and builds on the firm’s existing Family Office Division, which provides access to

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NYC launches new unit to combat deed theft 

HWmember, New York City, Real Estate Fraud, Regulatory, Title /

New York City Mayor Zohran Mamdani has created the Office of Deed Theft Prevention, a new unit housed in the Department of Finance to coordinate citywide efforts to combat fraudulent property transfers, according to an announcement on Friday. “The theft of a home is the theft of a family’s future,” Mamdani said in a statement.

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Will new tax on ultra-luxury NYC homes derail red hot demand?

Agent, Coldwell Banker, Home Sales, HWmember, Luxury Real Estate, New York, New York City, Real Estate, Regulatory, Tax /

New York Governor Kathy Hochul is reversing course and throwing support behind a proposed annual tax on high-end second homes in New York City. Hochul, who had previously resisted the measure, now says affluent property owners — particularly those with multimillion-dollar second homes — should help shoulder the burden of growing revenue gaps. The proposed

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NYC ultra-luxury market surges amid global unrest

Brokerage, Compass, Homebuying, Housing Market, HWmember, Luxury Real Estate, Manhattan, New York City, Real Estate /

A potent mix of global instability and financial anxiety is supercharging demand for New York City’s priciest homes — even as broader luxury segments grapple with stubborn inventory shortages. HousingWire Data shows pending sales in the ultra-luxury single-family market — defined by a $4.3 million median price — surged 200% in the latest weekly period.

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Houlihan Lawrence hires 8 agents in NYC push

Brokerage, HWmember, New York, New York City, People Movers, Real Estate, RealTrends Verified Rankings /

Houlihan Lawrence is strengthening its presence in Yonkers, New York, with the addition of eight new agents, according to an announcement on Tuesday. Among these additions is the Vision Alliance Team, led by Rahhim and Tara Shillingford. Rahhim Shillingford is the former principal broker of Vision Alliance Realty in the Bronx. This is the first

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No exodus after all? Manhattan luxury market sales accelerate under Mamdani

Compass, Douglas Elliman, Home Prices, Home Sales, Housing Market, HWmember, Luxury Real Estate, Manhattan, New York City, Politics, Property Tax, Real Estate, Tax /

For months, some affluent New Yorkers warned they would leave if progressive policies took hold at City Hall. With Zohran Mamdani now mayor and debate intensifying over a possible city wealth tax or property tax increase, early market data shows no sign of a luxury exodus. Instead, Manhattan’s top tier appears to be accelerating. HousingWire

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Brown Harris Stevens names Maggie Ross to lead Brooklyn sales

Brokerage, Brooklyn, Brown Harris Stevens, Compass, HWmember, New York City, People Movers, Real Estate /

Brown Harris Stevens (BHS) is welcoming Maggie Ross as its new managing director of sales for the firm’s Brooklyn operation, according to an announcement on Wednesday.  Prior to accepting this position at BHS, Ross was an associate real estate broker at Compass.  In her new role at BHS, Ross will be tasked with overseeing all

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Early Alexander brothers’ accuser found dead in Australia

Alexander brothers, Brokerage, HWmember, Legal, New York, New York City, Real Estate /

Kate Whiteman, an Australian woman whose sexual assault allegations against real estate broker Oren Alexander and his twin brother Alon Alexander spurred similar claims from others, was found dead near Sydney late last year, Australian authorities said. A spokesman for the New South Wales coroner confirmed the death, which was first reported by the New

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Heather Domi returns to Douglas Elliman in Manhattan

Brokerage, Douglas Elliman, HWmember, Luxury Real Estate, New York City, People Movers /

More familiar faces are returning to Douglas Elliman. After announcing the return of Natalie Passerini, who will serve as the firm’s new chief marketing officer, the brokerage announced that Heather Domi and her team will be returning to the firm after more than seven years at Compass.  The Heather Domi Team serves clients in and

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