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Settlements, suits, Sitzer: Inman’s Top 5 stories of the week
CoStar loses National Advertising Division challenge against Move
Former Douglas Elliman CEO Allegedly Admitted to Relationships With Female Brokers Before Retirement
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…
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Fathom Holdings’ revenue drops 10% as market challenges linger
Opendoor Q3 Report: Losses Lessened, but 17% of Workforce Terminated
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…
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