Compass International Holdings appears to be under investigation by the office of New York state Attorney General Letitia James. Leaders at other real estate brokerages in New York City have confirmed to HousingWire that James’s office has reached out to request information as part of an inquiry into Compass. The news was first reported by […]
New York AG probes Compass-Anywhere acquisition Read More »
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
New brokerage Showings bets on buyer leads over listing commissions Read More »
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
Compass agent launches Family Office Team, expands advisory model Read More »
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
Will new tax on ultra-luxury NYC homes derail red hot demand? Read More »
New York has joined the growing list of states exploring legislation designed to govern the use of private listing networks for residential real estate listings. In mid-March, Assemblywoman Michaelle Solages introduced the “Fair and Transparent Real Estate Listings Act,” which has since been referred to the committee on judiciary. If passed, the bill would require
New York joins states seeking to regulate private listing networks Read More »
Baby boomers’ decades long control of U.S. housing wealth is not just locking out younger buyers, it’s forcing significant changes to a real estate agent’s job description. Top-producing agents told HousingWire the industry continues to pivot toward multi-generational advisory work. Academic research has confirmed why; agents who cannot navigate trusts, estate planning and family gifting
How boomer housing dominance is forcing agents to retool Read More »
A New York court ruled against U.S. Bank in its effort to retroactively pursue a years-long foreclosure case that the state deemed unenforceable. Processing Content A New York appellate court denied an appeal by the bank to reverse a 2023 legal decision that stated the bank’s attempt to foreclose on defendant John Williams in 2019
US Bank sees legal setbacks in New York foreclosure suits Read More »
President Donald Trump and New York City Mayor Zohran Mamdani met at the White House Thursday to discuss a multibillion-dollar affordable housing plan. Processing Content Mamdani is seeking $21 billion in federal grants for a construction project at Sunnyside Yard, which would allow the city to build 12,000 new affordable homes, create 30,000 union jobs
Trump, NYC mayor talk $21B affordable housing plan Read More »
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
Houlihan Lawrence hires 8 agents in NYC push Read More »
Rayse has partnered with OneKey Multiple Listing Service (MLS) to offer its agent value and transparency platform as an enhanced member benefit to more than 43,000 Realtors serving Long Island, Manhattan, the Hudson Valley and the broader New York metropolitan area. OneKey MLS is the largest Realtor-run MLS in the state of New York —
Rayse, OneKey MLS partner on agent value tools in New York Read More »