When real life mirrors reality TV, the results can be messy—and expensive.
Hollywood real estate stars Mauricio Umansky, CEO of The Agency and familiar face from The Real Housewives of Beverly Hills, and Jason Oppenheim of Netflix’s Selling Sunset are now at the center of a high-stakes commission dispute following the canceled $30 million sale of Kanye West’s former Malibu mansion.
The Controversial Sale
Amanda Lynn, a luxury realtor featured on Season 8 of Selling Sunset, reportedly had the exclusive listing for the property and initially connected the buyer to the seller, real estate developer Bo Belmont.
The deal appeared solid: a $30 million cash offer for the Tadao Ando–style waterfront home Belmont purchased from West in 2024.
However, after multiple extensions and months of delays, Belmont says the buyer failed to produce the funds.
“He was an underqualified buyer,” Belmont told the Daily Mail. “We were aiming to close at the end of July, but he couldn’t come up with the money.”
The Commission Dispute
Belmont offered Lynn a one percent commission for finding an off-market buyer, but sources claim Lynn expected a three percent commission and felt pressured to reduce it.
She reportedly discovered that Belmont had also signed agreements with Umansky and Oppenheim back in February, leaving her feeling blindsided.
“Amanda was pressured by Bo, Jason, and Mauricio to reduce her seller commission from three percent down to just one percent,” a source told the Daily Mail.
Belmont disputes this version of events, explaining that Lynn was aware all along of the agreements with Umansky and Oppenheim.
“They all agreed to the one percent commission,” he said.
“I said you can put it on social media at $30 million and if you find a buyer, I’ll give you one percent. By the way, I have a listing agreement with Jason and Mauricio.”
Co-Listing Confusion
It’s not unusual for two sets of brokers to be involved in a sale, but they typically coordinate or co-list.
According to sources, as the deal progressed, Umansky and Oppenheim were informed that Belmont had a buyer but the sale hadn’t closed.
On March 25, they co-listed the property on platforms like Zillow and Redfin at a higher price of $39 million.
This move reportedly allowed Umansky and Oppenheim to become official sellers alongside Lynn, entitling them to their own commission from their contract.
Belmont, however, maintains that everyone knew the commission terms, adding, “Jason and Mauricio were always getting the three percent commission and splitting it. Amanda agreed to the one percent.
But now there’s no commission because I called off the sale. It’s not happening.”
What’s Next for the Mansion
Belmont now plans to renovate the property and search for a new buyer, though sources claim the sale may close any day.
West’s former Malibu home has a storied past: after purchasing it for $57.3 million in 2021, he removed the windows, doors, plumbing, and electricity, leaving the four-bedroom, 4,000-square-foot interior gutted.
Belmont acquired the damaged property for $21 million and hopes to restore it, reconnecting the home with the signature design of Japanese architect Tadao Ando.
The Bigger Picture
The dispute underscores just how complicated high-end real estate transactions can become when multiple celebrity agents and luxury listings collide.
In Hollywood, it seems, the drama isn’t just on camera—it’s in the contracts, commissions, and cancellations too.
