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Actuality Star Jason Oppenheim’s Kickback Scandal: The Obtain

by Index Investing News
December 15, 2024
in Property
Reading Time: 4 mins read
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Whether or not it’s refining your small business mannequin, mastering new applied sciences, or discovering methods to capitalize on the subsequent market surge, Inman Join New York will put together you to take daring steps ahead. The Subsequent Chapter is about to start. Be a part of it. Be a part of us and hundreds of actual property leaders Jan. 22-24, 2025.

Every week on The Obtain, Inman’s Christy Murdock takes a deeper take a look at the top-read tales of the week to provide you what you’ll want to fulfill Monday head-on. This week: Can Promoting Sundown‘s star bounce again from kickback accusations, or will they take a toll on his skilled status?

Guessing video games are enjoyable, and by no means extra so than when the guessing includes a high-profile, big-money actuality TV star.

So when, amid plenty of lawsuits filed this fall, Douglas Elliman executives accused staff of Portfolio Escrow of participating in a commission-sharing scheme courting from the start of 2015 and involving “at the very least one high-profile Los Angeles actual property dealer that’s now a star of a actuality tv present,” it set off a enjoyable spherical of whodunnit amongst each actual property professionals and actuality TV followers.

Final week, Inman’s Taylor Anderson and luxurious reporter Lillian Dickerson placed on their deer stalkers and bought to the underside of all that chitchat.

Can’t get sufficient of actuality TV’s largest stars, the ability strikes they’re making and their affect on the business? Be within the room the place it occurs at Inman Join New York, Jan. 22-24, to listen to from actuality TV stars, together with Ryan Serhant, Talia McKinney, Daniel Daggers, Mauricio Umansky and Santiago Arana in particular person.

In accordance with a supply near the investigation, the truth TV dealer is Jason Oppenheim, founding father of The Oppenheim Group and star of the Netflix actuality sequence Promoting Sundown, Inman discovered completely. Oppenheim acknowledged receiving funds from Portfolio Escrow prior to now however denied wrongdoing and disputed the characterization of the association as an “unlawful kickback.”

“No matter this explicit construction [was], for that time period, did happen,” Oppenheim informed Inman. “However it’s one thing that after I used to be suggested I shouldn’t be engaged in it, I didn’t — and I haven’t acquired something earlier than or since.”

Learn the remainder of Oppenheim’s response to the allegations right here.

As Douglas Elliman’s lawsuits proceed to wend their manner by way of the courts, different actuality TV figures are getting caught within the crossfire. The latest huge names to be accused of impropriety? The Altman Brothers.

Matt and Heather Altman denied the allegations in an announcement to Inman final month.

“This occurs typically as we’re each on the prime of the true property sport and on TV,” the assertion mentioned. “Now we have nothing to do with any of this and it’s simply determined individuals in search of consideration. The Altman Brothers are usually not named in both lawsuit.”

The previous couple of years have been crammed with generally questionable and different occasions flat-out unhealthy habits from individuals in energy. How will you just remember to and the individuals you’re working with daily are staying on the proper aspect of your moral obligations? This week, Inman contributors turned a watch towards the issue behaviors to shun and the optimistic actions that set you and your small business up for achievement.

One other NAR bombshell displays monetary waste, hypocrisy

In accordance with Cara Ameer, the Nationwide Affiliation of Realtors owes its members an apology together with the choice to choose out of membership.

EXTRA: Put up-final court docket approval: Highs, lows and the whole lot in between

6 steps for hitting the reset button in your crew tradition: Half 2

With the proper methods in place, you may efficiently reset your crew tradition and drive your group towards success, coach Verl Workman writes. Right here’s the place to start out.

EXTRA: Methods to hit the reset button in your crew tradition: Half 1

How I advanced into an genuine and efficient servant chief

The query isn’t “Are you a frontrunner?” It’s “What kind of chief are you?” CEO Justin Bailey writes on this examination of his management journey.





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