With a historically high cash burn, Compass needs to cut faster and deeper than most other brokerages — and it is
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past 3 dramatic weeks of third-quarter wins, losses and draws
The company reported earnings Thursday for the first time since announcing the end of cash and stock-based recruiting incentives. Despite the move, the company added 335 agents
Many of the industry's big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market
On the last day of the Compass REtreat, Compass President of Customer Success Danielle Wilkie sat down with Inman to talk about how a strong culture is key to the company's 2023 strategy
Kalani Reelitz joins the brokerage at a time of significant transition, and as it tries to achieve positive cash flow next year
At Compass' annual REtreat in Atlanta, CEO Robert Reffkin used his keynote to give an honest and intimate review of his company's post-IPO performance and cast a vision for the future
Compass became the largest company of its kind in the US this year, but is holding its annual gathering as the real estate industry navigates uniquely troubled waters
At Inman Connect, Brad Inman and Mauricio Umansky, founder of luxury brokerage The Agency discussed what's happening in the market now and how it's impacting brokers and their agents
Opinion
Heads will roll and company valuations will sink so low that new outsiders will opportunistically make big acquisitions, Brad Inman writes. Real estate's Masters of the Universe are on notice
An Insider report published Wednesday cites 3 unnamed sources who said Vista Equity along with another private equity company could be involved in a deal to take the brokerage private
Compass laid off a significant chunk of its technology team, according to press reports that appeared to suggest hundreds of jobs slashed. This is the second round of layoffs this year
Compass has grown rapidly, but is now tasked with becoming profitable. Chief Operating Officer Greg Hart spoke to Inman about this key moment for the firm
Sirosh spent more than 4 years at the brokerage. He was most recently in the news for selling hundreds of thousands of Compass shares
The brokerage has grown rapidly thanks to generous handouts of cash and stocks to newly onboarded real estate agents. But amid leaner times, those perks are going away