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Former Douglas Elliman CEO Allegedly Admitted to Relationships With Female Brokers Before Retirement

USA Real Estate News-RISMedia - Fri, 2024-11-08 10:53

Howard Lorber, the former chairman, president and CEO of Douglas Elliman Inc., allegedly admitted during an internal investigation to having intimate relationships with two of the company’s women brokers, according to a report by Bloomberg. The finding came during a video conference call on October 8, a few weeks before Lorber stepped down from leading…

The post Former Douglas Elliman CEO Allegedly Admitted to Relationships With Female Brokers Before Retirement appeared first on RISMedia.

Fathom Holdings’ revenue drops 10% as market challenges linger

USA Real Estate News-Inman - Fri, 2024-11-08 10:50
The company's Q3 revenue clocked in at $83.7 million while net losses rose to $8.1 million as Fathom faced an uncertain market and dealt with expenses related to a $3 million NAR settlement contingency.

Opendoor Q3 Report: Losses Lessened, but 17% of Workforce Terminated

USA Real Estate News-RISMedia - Fri, 2024-11-08 09:52

In a third quarter earnings report November 7, Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, reported that losses in the quarter ($78 million) were at least 14% less than the second quarter and 26% less than a year ago. But the San Francisco-based iBuyer also announced it had laid off 300…

The post Opendoor Q3 Report: Losses Lessened, but 17% of Workforce Terminated appeared first on RISMedia.

Lesson Learned: Say ‘yes’ to opportunity, then figure out ‘how’

USA Real Estate News-Inman - Fri, 2024-11-08 04:00
Learn how New York City agent Limor Nesher found out that developing your skills in response to new opportunities can help you become an expert.
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