Compass revenue falls in Q4 — but losses narrow despite 'difficult year'
In a Q4 earnings report Tuesday, Compass announced that between October and December of last year, it brought in $1.11B in revenue, down from $1.6B during the same period in 2021
by Jim Dalrymple II Feb 28
EXCLUSIVE: Kendall Bonner and team leave RE/MAX for eXp Realty
The news follows Bonner's recent decision just days earlier to merge the roughly 40-person RE/MAX Capital Realty, of which she was formerly broker-owner, with RE/MAX Alliance Group
by Lillian Dickerson Feb 27
Lawsuit accuses eXp agents of sexual assault, drugging women
According to the suit filed Wednesday, Michael Bjorkman and David Golden took advantage of women while attending real estate industry events
by Jim Dalrymple II Feb 23
$40M NYC penthouse deal sets record for eXp Realty
The penthouse apartment sits at the southwest corner of Central Park and sprawls across more than 8,000 square feet
by Jim Dalrymple II Feb 13
Real estate leaders see signs of market thawing
At Inman Connect New York on Wednesday, Sue Yannaccone and Glenn Sanford talked about positive market indicators and taking care of employees that remain post-layoffs
by Andrea V. Brambila Jan 25
EXp CEO Glenn Sanford touts cloud-based brokerage model at ICNY
A day after Compass CEO Robert Reffkin dismissed remote work as 'the killer of culture' at ICNY, Sanford argued on Wednesday that there's equal merit to virtual and brick-and-mortar models
by Marian McPherson Jan 25
Compass went public 2 years ago. Can it recover from its stock slump?
Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors' appetite for shares fall significantly
by Jim Dalrymple II Jan 25
Has eXp done enough to shed costs and still grow in 2023?
The all-online brokerage saw its growth finally slow amid a broader market contraction. CEO Glenn Sanford eyes the challenges ahead for 2023
by Daniel Houston Jan 18
Mike DelPrete Intel exclusive: Big brokerages spar in race to cut costs
Opinion
All of the biggest players in real estate are cutting costs, but some are better off than others to weather the storm, Mike DelPrete argues in his first exclusive filing for Inman Intel
by Mike DelPrete Jan 18
What happens when the battle for agent count runs out of steam?
Newer upstarts and legacy companies have spent recent years competing intensely for top agents. But recent data suggests the years of fast growth may be ending
by Jim Dalrymple II Jan 18
Indie brokerages lead the way in 2022 NYC agent growth: Report
NYC-based real estate license education platform Corofy released its latest brokerage ranking list which was dominated by independent firms, including SERHANT. and Casa Blanca
by Marian McPherson Jan 17
Christie's strikes up new partnership with an old U.K. firm
Carter Jonas, a firm founded in 1855 with 34 offices throughout the country, will now become Christie's exclusive affiliate in the United Kingdom
by Jim Dalrymple II Jan 12
Anywhere lays off more workers, announces end of RealSure iBuyer
The company has slashed its workforce by 11% since last June, according to US Securities and Exchange Commission filings. The moves come following months of housing market declines
by Jim Dalrymple II Jan 10
Keller Williams' goal for 2023? 'Someone has to sell a damn house'
Keller Williams President Marc King told Inman he was confident in the brokerage's path to success in 2023 despite a few bumps on the road to becoming the 'Disneyland' of real estate
by Marian McPherson Jan 10
EXp founder Glenn Sanford speaks out on 'lull' in agent count growth
EXp World Holdings founder Glenn Sanford said the tumultuous housing market was a factor in him stepping back into the role of CEO at eXp Realty, and the firm's sluggish agent count growth
by Jim Dalrymple II Jan 9