Karina Caulfied
Less than two years after winning her own Sotheby’s franchise as part of a lawsuit settlement, Karina Caulfield has shut down her Lakeview residential real estate office to join forces with Conlon: A Real Estate Company.
Southport Sotheby’s International Realty forfeited its franchise with Parsippany, N.J.-based Sotheby’s and ceased operations Wednesday afternoon, Ms. Caulfield says. She will become vice president of business development for Chicago-based Conlon.
The staff of about 70 agents will stay on with Conlon Real Estate, which will keep the office at 3746 N. Southport Ave., she says. Ms. Caulfield and Sean Conlon, founder and chairman of Conlon & Co. and Conlon Real Estate, declined to comment on the terms of the deal, including whether Ms. Caulfield maintains an ownership stake.
Conlon Real Estate will now have about 200 agents working out of offices at 1101 W. Lake St., 2044 W. Roscoe St., Southport, and a building at 6 W. Maple St. that opens next week, Sean Conlon says. The combined companies should do about $400 million to $500 million in sales annually, he estimates.
I’ve a hard time understanding how Conlon, one who’s found a way to thrive through the crisis, would put a woman who’s declared personal bankruptcy in charge of business development. This seems a liability – a quick search on Karina Caulfield on public records shows multiple lawsuits, foreclosures, bankruptcy, and general lack of responsibility demonstrated.
At the end of the day, this woman is bad karma. I’ve watched her destroy personal property, threaten people, and attempt to intimidate when people have crossed her. Now it’s all coming back.
It will be interesting to watch… I hope Mr Conlon is ready to manage tough issues.
I agree with the comments below. I worked for Karina and George at The Homestead Group. Bill collectors called more than customers. George and Karina expected all the agents to work 6 days a week and 10hr days. All of the bad things that have happened to them is a direct result of karma and a huge lack of integrity. They will do anything for money, including ripping off their agents, clients and customers. Bad buisness, bad family, bad people.