Sotheby’s International Realty acquires Majestic Realty Collective

Sotheby’s International Realty has acquired Majestic Realty Collective, a luxury real estate organization operating multiple Sotheby’s International Realty affiliates across the western U.S. The acquisition expands Sotheby’s International Realty’s presence in luxury and resort markets, adding operations in Colorado, Utah, Nevada, California and other western regions. Majestic Realty Collective includes LIV Sotheby’s International Realty, Summit

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Douglas Elliman launches AI-focused business unit, broader tech overhaul

Douglas Elliman announced today a companywide technology transformation aimed at consolidating systems, automating operations and developing new real estate intelligence capabilities through a newly formed business unit called Elius. The New York-based real estate firm said the initiative will operate across two tracks; modernizing brokerage operations and creating a separate intelligence platform designed to develop

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