The Netflix present reportedly didn’t renew due to elements surrounding variety of views versus price of manufacturing.
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.
Shopping for Beverly Hills, the Netflix actuality sequence showcasing brokers from The Company and the posh properties they symbolize, has not been renewed for a 3rd season.
The rationale has to do with the variety of views versus price of manufacturing, Deadline reported on Friday.
The sequence premiered in 2022 and a second season had dropped on Netflix in March. The Company founder Mauricio Umansky had teased in his ebook, The Dealmaker: Easy methods to Achieve Enterprise and Life Via Dedication, Dedication and Disruption, that future seasons of Shopping for Beverly Hills set in worldwide places the place The Company operates have been a possible subsequent step for the sequence.
The Company didn’t reply to Inman’s request for remark by press time.
Along with the senior Umansky, the present featured Umansky’s daughters, who’re brokers on the luxurious agency: Farrah Brittany, Alexia Umansky and Sophia Umansky. Umansky’s estranged spouse, Actual Housewives of Beverly Hills star Kyle Richards, additionally made appearances on the present.
Throughout Season 2, the senior Umansky delved into his feud with the Hiltons, whom Richards is said to, after he grew to become one of many prime brokers at Rick Hilton’s agency co-founded with Jeff Hyland, Hilton & Hyland.
“I think I got kind of f-ked by Hilton & Hyland,” Umansky mentioned. “And when I say f-ked, you know, like, today I’m happy, but there was a hundred agents at Hilton & Hyland. They did a billion dollars [sales volume] for the first time [on an annual basis]. I was 19.6 percent of their production.”
Umansky had requested for fairness and partnership standing in Hilton & Hyland however was denied by its co-founders.
The present’s second season additionally explored the household’s challenges whereas Umansky and Richards went by a separation, with moments of tearful processing by the previous couple’s daughters.
“Our life has just changed so much,” Sophia Umansky mentioned after Mauricio defined to his daughters what had occurred in the course of the first episode of the present’s second season.
Shopping for Beverly Hills additionally featured the agency’s extra seasoned brokers Ben Belack, Jon Grauman, Michelle Schwartz, Melissa Platt, Adam Rosenfeld, Zach Goldsmith, and newer brokers Joey Ben-Zvi, Brandon Graves and Sonika Vaid.
Get Inman’s Luxurious Lens E-newsletter delivered proper to your inbox. A weekly deep dive into the most important information on this planet of high-end actual property delivered each Friday. Click on right here to subscribe.