Successful agents show up, Robert Reffkin says in remote-work rebuke
During an Inman Connect panel on Wednesday, Compass' CEO argued the brokerage's in-person philosophy gives it an advantage over rival firms 'charging the least and giving you the least'
by Jim Dalrymple II Aug 9
The ultimate guide to Inman Connect Las Vegas 2023
So you've decided to join us at Inman Connect Las Vegas. Bravo! Here's a day-by-day breakdown of the conference along with some tidbits to get the most out of your week in Sin City
by Marian McPherson Aug 8
Compass drives down losses, lifts agent count amid Q2 revenue slide
Compass' 2Q revenue dropped 26% year over year to $1.5B, according to an earnings call Monday. Despite lower revenue, the brokerage reached free cash flow positivity and slimmed net losses
by Marian McPherson Aug 7
FOMO Alert: 74 things to expect next week at Connect Las Vegas
With Inman Connect Las Vegas rapidly approaching, Inman founder Brad Inman offers his notes, compiled over 2 decades, on what attendees should expect at this year's conference next week
by Inman Aug 1
Compass unveils new data-powered agent Performance Tracker
Compass Head of Coaching Courtney Smith said the brokerage's new data-powered Performance Tracker tool will enable agents and team leaders to track gross commission income, sales volume and other data
by Marian McPherson Jul 24
Mark McLaughlin back at Compass as chief strategist 2 years after exit
Former Pacific Union CEO and Compass California President Mark McLaughlin is returning as chief real estate strategist following a 2-year hiatus. He'll focus on improving the agent experience
by Marian McPherson Jul 19
The stories and trends that defined a whirlwind first half of 2023
Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past 6 months and could well define the remainder of 2023
by Marian McPherson Jul 5
Compass CEO: Pandemic craze will return once mortgage rates hit 5%
Compass CEO Robert Reffkin revealed on CNBC how volatile mortgage rates are sidelining homesellers and why a boost in existing-home inventory could happen as early as December
by Marian McPherson Jun 29
The inventory recovery suffered a setback. Is it just temporary?
The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled
by Daniel Houston Jun 14
Robert Reffkin: Sub-4% mortgages are 'handcuffs' for home inventory
In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3% mortgage rate 'as a financial asset' — at least for now
by Daniel Houston Jun 8
Zillow, Anywhere and Compass vanish from annual Fortune 500 list
The real estate giants' omission from Fortune's annual list of the biggest companies illustrates just how far industry players have fallen as a result of a housing contraction that began in 2022
by Ben Verde Jun 7
Robert Reffkin's mom, Ruth, has joined Compass' Garson Team
Reffkin's move to the social media-forward team will create a cross-generational collaboration that capitalizes on combining varied skill sets to best help clients, Inman exclusively learned
Compass CEO Robert Reffkin: FOMO is fueling 'pent-up' demand
Reffkin said Tuesday, during a Needham Technology & Media Conference session, that housing is in a 'sideways' market — but after last year, homebuyers are now afraid prices will go even higher
by Jim Dalrymple II May 16
Real estate stocks are suddenly and finally on fire
Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector
by Jim Dalrymple II May 11
Compass revenue drops in Q1, but losses continue improvement
The brokerage brought in a total of $957M in revenue and lost $150M. The results are something of a repeat from Q4 2022
by Jim Dalrymple II May 9