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Reading: Actuality star Jason Oppenheim’s kickback scandal
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Michigan Post > Blog > Real Estate > Actuality star Jason Oppenheim’s kickback scandal
Real Estate

Actuality star Jason Oppenheim’s kickback scandal

By Editorial Board Published December 15, 2024 5 Min Read
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Actuality star Jason Oppenheim’s kickback scandal

Whether or not it’s refining your corporation 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 1000’s 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 present 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 repute?

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 various lawsuits filed this fall, Douglas Elliman executives accused staff of Portfolio Escrow of partaking in a commission-sharing scheme courting 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 obtained to the underside of all that chitchat.

Can’t get sufficient of actuality TV’s greatest stars, the facility 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 keeping 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 collection Promoting Sundown, Inman discovered completely. Oppenheim acknowledged receiving funds from Portfolio Escrow up 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 approach by way of the courts, different actuality TV figures are getting caught within the crossfire. The latest massive names to be accused of impropriety? The Altman Brothers.

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

“This happens often as we are both at the top of the real estate game and on TV,” the assertion mentioned. “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 full of generally questionable and different instances flat-out unhealthy habits from individuals in energy. How will you just be sure you and the individuals you’re working with daily are staying on the appropriate facet 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 corporation 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: Publish-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 appropriate 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 begin.

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

How I developed 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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