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Who’s paying $17,500 a day to rent a house in the Hamptons?

You know real estate is getting out of hand when people are paying $1.5 million — or $17,500 a day – to rent a temporary summer property. The property, located on a stretch of road in the Hamptons known as Billionaire’s Row, is less than a year old and boasts floor-to-ceiling windows overlooking the Atlantic. […]

Opendoor CEO: Agents will become advisers as automation takes over

Eric Wu said he envisions a future where everyone uses Opendoor to buy and sell their home in a frictionless transaction that is eventually low-cost or free. Source: click here

WATCH: How to pivot and adapt in a shifting market

In a shifting market, how can brokerages stay ahead of the game and be proactive about what’s to come? Find out from Red Oak Realty’s Vanessa Bergmark, Benchmark Property Management’s Lee Arnold and Laer Realty Partners’ Stacey Alcorn onstage at Inman Connect New York.  Source: click here

Mauricio Umansky and The Agency hit with new lawsuit

A 2016 sale of a Miami mansion has been causing serious trouble for star real estate agent Mauricio Umansky — this week, the The Agency CEO and Real Housewives husband has been hit with another lawsuit over the property. Teodoro Nguema Obiang, who is the current vice president of Equitorial Guinea, accuses Umansky and The […]

WATCH: Making the most of brokerage-vendor relationships

Get tips on how to make the most of your relationships with vendors, and learn how to create a successful strategy that works for your brokerage. Source: click here

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