Kenneth Jenny, respected real estate industry vet, dies at 66
A 35-plus-year vet of the real estate industry, Ken Jenny was a trusted adviser to many and unafraid to speak his mind about industry issues
Here's what Compass paid for its biggest acquisitions
Compass' S-1 filing includes details on acquisitions dating back to the headline-grabbing 2018 purchase of Pacific Union International
by Patrick Kearns Mar 2
EXp World Holdings' boom period continues
As the world worked from home in 2020, the parent company of the virtual cloud-based brokerage saw revenue grow 84%
by Patrick Kearns Mar 2
READ: Robert Reffkin's letter announcing Compass' public debut
'I started Compass because of my mom, Ruth,' the CEO of the soon-to-be-public firm wrote in an SEC filing
by Patrick Kearns Mar 1
Compass S-1 filing reveals $3.7B in revenue in 2020
The company also posted a net loss of $270.2M in 2020, according to the filing
by Patrick Kearns Mar 1
CoStar ups its bid for attempted CoreLogic acquisition
CoStar CEO Andy Florance believes the CoreLogic board will deem its offer 'superior' to a winning joint bid by Stone Point Capital and Insight Partners within 48 hours
by Patrick Kearns Mar 1
Fees, acquisitions and Motto: 3 takeaways from RE/MAX's earnings
During the company's Friday morning earnings call, the company revealed more granular detail on the company's strategies for 2021
by Patrick Kearns Feb 26
The Real Word: Can ShowingTime competitors step up?
Opinion
This week, Byron Lazine and Nicole White discuss the new showing platform Instashowing, Redfin’s acquisition of RentPath, and Kim Kardashian's and Kayne West's divorce.
by Byron Lazine Feb 26
RE/MAX just beats Q4 expectations
The company's own growth investments held the top-line numbers back, but RE/MAX CEO Adam Contos believes the brokerage will see a payoff in 2021
by Patrick Kearns Feb 25
27 real estate execs sign letter supporting Biden stimulus package
The letter called on legislative leaders to pass President Biden's American Rescue Plan, which includes another stimulus check and faster vaccine rollout
by Marian McPherson Feb 25
Knock partners with The Agency for Home Swap's expansion
Los Angeles represents Knock's largest market for its 'buy-now-sell-later' alternative mortgage model. It's expected to especially help buyers in the under $2M market be more competitive
by Craig C. Rowe Feb 25
Redfin CEO reveals iBuyers paid agents less in 2020
In Atlanta, iBuyers paid buyer's agents 3% in 2019. In the fourth quarter of 2020, that dropped to 2.5%
by Patrick Kearns Feb 24
Redfin CEO addresses the company's diversity efforts
Glenn Kelman wants Redfin to be a 'beacon for attracting the real estate industry's most diverse talent'
by Patrick Kearns Feb 24
Redfin rode the hot housing market to profitability in Q4
The company also beat revenue expectations set by analysts for the fourth consecutive quarter
by Patrick Kearns Feb 24
The LGBTQ+ Real Estate Alliance nabs 2 new corporate sponsors
As part of the sponsorship, HomeServices of America leaders will attend LGBTQ+ Real Estate Alliance conferences and provide strategic insight
by Marian McPherson Feb 24
Tech and diversity questions pile up as agents react to KW shakeup
One Keller Williams agent called the timing of the announcement 'awkward' while others decried the lack of women and people of color in recent promotions
by Patrick Kearns Feb 23