'Million Dollar's' Chad Rogers Buys 1st Home, in Cash

Realtor Chad Rogers

, one of the stars of Bravo's "Million Dollar Listing," has just purchased his first home -- for less than $1 million. What did he buy? A two-bedroom condo in the same Beverly Hills building where singer Josh Groban reportedly lives.

Purchase price: $850,000 -- paid in cash. So how come he didn't buy something more, um, expensive?