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America Age > Blog > Real Estate > Actuality star Jason Oppenheim’s kickback scandal
Real Estate

Actuality star Jason Oppenheim’s kickback scandal

Enspirers | Editorial Board
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Actuality star Jason Oppenheim’s kickback scandal
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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 following 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 part of us and 1000’s of actual property leaders Jan. 22-24, 2025.

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

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

So when, amid quite a few lawsuits filed this fall, Douglas Elliman executives accused staff of Portfolio Escrow of partaking in a commission-sharing scheme relationship from the start of 2015 and involving “at least one high-profile Los Angeles real estate broker that is now a star of a reality television show,” 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 acquired to the underside of all that chitchat.

Can’t get sufficient of actuality TV’s greatest stars, the ability strikes they’re making and their impression on the trade? 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 keeping with a supply near the investigation, the fact TV dealer is Jason Oppenheim, founding father of The Oppenheim Group and star of the Netflix actuality collection Promoting Sundown, Inman realized completely. Oppenheim acknowledged receiving funds from Portfolio Escrow prior to now however denied wrongdoing and disputed the characterization of the association as an “illegal kickback.”

“Whatever this particular structure [was], for that period of time, did occur,” Oppenheim instructed Inman. “But it’s something that once I was advised I shouldn’t be engaged in it, I didn’t — and I haven’t received anything before 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 means of the courts, different actuality TV figures are getting caught within the crossfire. The newest huge names to be accused of impropriety? The Altman Brothers.

Matt and Heather Altman denied the allegations in a press release to Inman final month.

“This happens often as we are both at the top of the real estate game and on TV,” the assertion stated. “We have nothing to do with any of this and it’s just desperate people looking for attention. The Altman Brothers are not named in either lawsuit.”

The previous couple of years have been stuffed with typically questionable and different instances flat-out unhealthy conduct from individuals in energy. How will you just remember to and the individuals you’re working with on daily basis are staying on the proper aspect of your moral obligations? This week, Inman contributors turned an eye fixed towards the issue behaviors to shun and the constructive actions that set you and your small business up for achievement.

One other NAR bombshell displays monetary waste, hypocrisy

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

EXTRA: Put up-final courtroom approval: Highs, lows and every part in between

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

With the proper methods in place, you possibly can efficiently reset your group tradition and drive your group towards success, coach Verl Workman writes. Right here’s the place to begin.

EXTRA: Learn how to hit the reset button in your group tradition: Half 1

How I advanced into an genuine and efficient servant chief

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

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