In 1978 Barbara Corcoran borrowed $1,000 from a boyfriend and set up a real estate company. That company grew at a dramatic clip and was sold to NRT Incorporated for around $70 million in 2001. And now, in 2005, Barbara Corcoran whose name is nearly synonymous with the current real estate bubble is leaving the company that bears her name. Starting November 15 Corcoran is going to be devoting herself full time to her burgeoning television personality. In the long run this probably means next to nothing, but in the short term you can expect a blizzard of stories about what her exit means to the bubble.

Curbed, Gawker, The Real Estate Blog (who broke the story) and The Real Deal on her imminent departure.