Ariana Grande married her real estate agent boyfriend
The pop star and Dalton Gomez, a Compass agent who has been dating her publicly since last spring, tied the knot this weekend at their Montecito home
The New Normal: What if the brokerage of the future isn't a brokerage at all?
Teams are less and less constrained by geography thanks to powerful new upstart companies, even as control of real estate technology becomes more centralized
by Jim Dalrymple II May 24
Robert Reffkin’s MasterClass offers a crash course in real estate basics
The Compass CEO's Masterclass features 16 sessions covering the ins-and-outs of homebuying and selling, and how to start a career in real estate
by Marian McPherson May 27
'Double-dipping agents' overcharge consumers billions in commissions
The Consumer Federation of America says dual agency should be banned, but double-ending should not be so long as agents discount their commission and act as facilitators
by Andrea V. Brambila May 27
Top Agent Network takes aim at office exclusives in NAR pocket listing policy
Top Agent Network argues that office exclusives result in less inventory, less exposure for listings and less consumer choice while benefitting large brokerages
by Andrea V. Brambila May 27
How to execute an effective walk-through inspection
A walk-through inspection won't uncover everything a full inspection would, but it can still help reduce buyer risk in a hot market. Here's how to make the most of it
Compass attempts to recruit owner of large Beverly Hills brokerage
According to a Real Deal report on Monday, a Beverly Hills-based Compass recruiter attempted to recruit Normand & Associates President Michael Nourmand as an agent
by Marian McPherson Jun 8
Compass shows up in Missouri with offices in Kansas City, St. Louis
Compass has launched its first markets in Missouri with 40 agents across Kansas City and St. Louis. This is Compass' eighth new market since its IPO
by Marian McPherson Jun 8
The New Normal: What if your CRM is big tech's next target?
Opinion
Innovation happens in small spaces. Most agents don't realize that as they become more and more entrenched in their CRM, their tech is becoming ripe for acquisition
by Craig C. Rowe Jun 9
Top 1,000 teams' transaction volume ballooned 49.7% in 2020
RealTrends and Tom Ferry's The Thousand and America’s Best Real Estate Professionals debuted on Friday, with the top 1,000 teams increasing their average sales volume per top team to $173 million in 2020
by Marian McPherson Jun 11
Compass CEO not ready to kiss brick-and-mortar locations goodbye
At Inman Connect on Tuesday, Compass CEO Robert Reffkin shared what post-IPO life is like, his plans to expand Compass' tech offerings and why the office isn't going away
by Marian McPherson Jun 15
How COVID made agents rethink retirement, workload and more
Many real estate professionals say the pandemic made them reconsider things like when they want to retire and work-life balance, while others say the last year has just made them want to double down on work
by Lillian Dickerson Jun 28
Wave of new agents swarm NYC market amid inventory shortage
The number of new agents entering the New York City market rose 7% in May as the city continues its economic recovery, according to data analysis company Corofy
by Daniel Houston Jul 1
What's a SPOA? The management concept Compass CEO Robert Reffkin can't live without
The fast-growing brokerage and its CEO Robert Reffkin have developed an approach called 'Single Point of Accountability' that sees 1 person tasked with driving projects forward
by Jim Dalrymple II Jul 1
Compass fortifies marketing suite with Video Studio
Compass Video Studio is the latest marketing tool for agents of the tech-forward brokerage to leverage for new business and branding
by Craig C. Rowe Jul 1
15 tips for first-time real estate investors, straight from the pros
Inman spoke with industry pros to learn their top tips for first-time real estate investors, and they had plenty of knowledge to share with newbies in need of a little bit of confidence
Real estate disruption is happening all across the globe: Mike DelPrete
On Wednesday, DelPrete released 'The 2021 Emerging Models in Real Estate Report,' which details emerging trends shaping the industry and the players putting the trends into action
Compass is launching its own mortgage company, OriginPoint
OriginPoint will provide origination services to consumers in select Compass markets by the end of 2021, marking the brokerage's latest move toward an end-to-end transaction
by Marian McPherson Jul 13
The problem with stock as a recruiting tool for Compass agents: Mike DelPrete
Opinion
Compass stock is worth less today than it was in 2019, meaning agents who invested into the agent equity program since then have lost money on their investment
by Mike DelPrete Jul 16
Los Angeles team jumps from Compass to rival The Agency
Adam Rosenfeld and his team of 8 agents will join forces with Jon Grauman, who was already at The Agency, to form a new team
by Jim Dalrymple II Jul 19
Leading indie brokerage in Massachusetts joins Compass
The Randall Family of Companies, which includes four residential and commercial real estate brokerages, has moved to Compass. The company has 35 offices throughout New England
by Marian McPherson Jul 20
'We didn't know anything': The key moment that transformed Compass
During a 90-minute interview on NPR's 'How I Built This,' Compass CEO Robert Reffkin shared his life story and the defining moment that changed his company's trajectory
by Marian McPherson Jul 28
Startup homebuilder Welcome Homes hires former Compass sales manager
With the hire of Benjie Burford, Welcome Homes is poised to grow its personnel by 500% and expand into multiple new markets by next year, according to company officials
by Lillian Dickerson Jul 29
Aaron Kirman Group expands operations into Orange County
Former NFL cornerback-turned luxury agent Morgan Trent will serve in the role of managing director for the new market
by Lillian Dickerson Jul 30
Compass makes its move into Minneapolis
Compass has expanded into its ninth new market since its April initial public offering. Seven top agents will establish the brokerage's presence in Minneapolis
by Marian McPherson Jul 30
Dallas @properties franchise nabs high-profile Compass agent
Piper Young spent more than three years at Compass, but said she ultimately jumped to @properties thanks to its technology and culture
by Jim Dalrymple II Aug 3
$27.5M home is the priciest listing on Manhattan's Upper West Side
David and Dana Luttway bought the townhouse in 2015 and undertook five-year gut renovation
Penthouse of celebrity-packed 'Jenga Building' sells for $50M
The musician Frank Ocean and actor Keegan-Michael Key are among the Lower Manhattan building's well-known residents
The real estate agent Olympian athletes who competed in Tokyo
Here's what the select group of agent Olympians have to say about being part of the Olympic tradition while also nurturing their real estate careers
Mark McLaughlin leaves Compass to start new venture
Compass California President Mark McLaughlin will be leaving his post on Sept. 30 to rebuild his venture capital firm, McLaughlin Ventures
by Marian McPherson Aug 9
Compass dramatically trims losses, sees rocketing revenue in Q2
The brokerage lost $7M last quarter, a vast improvement over both the previous quarter and last year. The results earned plaudits from investors
by Jim Dalrymple II Aug 9
‘Lewd sexual comments,’ religion at center of new Compass lawsuit
Ryan Huber, a Christian ethicist and former Compass agent experience manager, alleges a supervisor harassed him due to his sex and religion. Compass says the claims are 'meritless'
by Andrea V. Brambila Aug 10
Compass CEO: There's 'incredible' demand from foreign buyers
Robert Reffkin also said he expects the New York City real estate market to rebound and that housing in general should thrive in the near-term future
by Jim Dalrymple II Aug 10
3 moments that made Compass New York Tristate President Rory Golod
Rory Golod has climbed the ranks at Compass to become the president of the brokerage's offices in the New York tristate region. Here are 3 moments that shaped his career
by Libertina Brandt Aug 12
New Compass agents can compete with Howard Hanna: Court
Howard Hanna had sought a preliminary injunction to prevent its former agents from violating noncompete, nonsolicitation and confidentiality agreements
by Andrea V. Brambila Aug 12
Compass scoops up RE/MAX, Keller Williams teams in Indiana
The company also hired Jennil Salazar, a RE/MAX agent Compass says is the top individual agent in the entire state by sales volume
by Jim Dalrymple II Aug 13
Market analysts increase Compass revenue forecast to $6.3B
After solid second-quarter earnings, investment analysts are predicting Compass' stock will rise back to the level of its initial public offering performance
by Marian McPherson Aug 16
Compass nears profitability, outperforms competition: Mike DelPrete
The hot real estate market has fueled strong growth across the industry. Compass' growth is noteworthy, and it demonstrates that though the industry moves slowly, some players move faster than others
by Mike DelPrete Aug 18
RE/MAX and eXp Realty settle their recruitment lawsuit
RE/MAX had sued eXp Realty earlier this year over claims the latter company improperly solicited RE/MAX franchisees and that it misrepresented RE/MAX's commission splits
by Jim Dalrymple II Aug 20
Compass expands its brokerage operations to Wisconsin
Compass has entered Milwaukee with 3 founding agents and their teams, all representing more than $110 million in 2020 sales volume
by Marian McPherson Sep 7
Top NYC agent Richard Steinberg heads to Compass
The industry veteran was attracted to Compass' tech-forward approach. He brings with him 3 team members from Douglas Elliman
Compass dives further into title insurance with latest acquisition
The deal to acquire LegacyTexas Title Co. follows acquisitions of 2 other title companies and will ultimately make Compass's title services available in 6 states and Washington, DC
by Jim Dalrymple II Sep 14
Pacaso expands to Miami and Fort Lauderdale
'Pacaso is going to change the game in South Florida,' said Compass agent Josh Dotoli, who is leading the brand's expansion in the region
Compass CMO: The only path forward is automation
Matt Spangler, chief marketing solutions officer at Compass, shares the role personalization and automation play in marketing in a rapidly evolving real estate landscape
by Marian McPherson Sep 29
Compass scores high-performing Miami team from BHHS
The Nancy Batchelor Team at Berkshire Hathaway HomeServices is one of the top-performing medium-sized teams in Florida. It includes Batchelor herself and 9 other agents
by Jim Dalrymple II Sep 21
Compass scoops up yet another title company
The deal will see Compass acquire Denver-based First Alliance Title. It's the second such acquisition for Compass in roughly a week
by Jim Dalrymple II Sep 22
TikTok for real estate agents in 2022: An Inman Handbook
For interested real estate agents looking to expand their marketing reach, it's not too late to find success using the app — all it takes is a bit of dedication, creativity and willingness to try new things
by Lillian Dickerson Sep 24
Lockup period is over for Compass. Will investors stick around?
Compass' largest investors, namely SoftBank, can now sell their shares thanks to the end of a 180-day lockup period. Here's what their actions could mean for Compass' future
by Marian McPherson Sep 28
Compass acquiring third title company in less than a month
The fast-growing brokerage will pick up CommonGround Abstract, which serves Pennsylvania and New Jersey. The deal highlights Compass' aggressive acquisition strategy
by Jim Dalrymple II Sep 28
Stuck in a rut? 22 under-the-radar lead generation ideas for agents
Sometimes using the latest, cutting-edge tech tools are the way to go, but often old-school analog methods just can't be beat
by Lillian Dickerson Sep 30
A mansion so nice, she sold it twice: Cindy Ambuehl on a $25M deal
Luxury agent Cindy Ambuehl told Inman how she closed the sale of a $25 million mansion overlooking the Riviera Country Club in Los Angeles
by Daniel Houston Oct 8
How agent McKenzie Ryan sold a $2.5M NYC condo over FaceTime
The Compass agent shares why high-end sales done completely over video are here to stay, especially in a fast-paced market like New York
Compass Florida snatches 2 top Palm Beach agents
Established Palm Beach agents Chris Deitz and Margit Brandt have joined Compass, attracted by the brokerage's network and use of technology
by Libertina Brandt Oct 7
Compass decline in value stands in contrast to its growth: DelPrete
Compass' growth over the past 3 years has been remarkable. It is one of the fastest growing real estate brokerages of all time — yet its stock price continues to decline
by Mike DelPrete Oct 7
Compass stock, market cap tumbles to new low
The company's shares ended Monday trading at $10.74, down significantly compared to when they debuted about 6 months ago. The drop reduced Compass' valuation to $4.2B
by Jim Dalrymple II Oct 11
Largest MLS relaunches 'submit offer' tool after broker pushback
California Regional MLS disabled Glide Offers integration with listing pages after Compass' acquisition but has now re-enabled it with the choice to opt out
by Andrea V. Brambila Oct 13
'It’s about time': Agents cheer as Zillow braces for portal war in NYC
Agents across New York City were enthusiastic Thursday after CoStar-owned Homesnap and the Real Estate Board of New York announced plans to launch a search portal in 2022
by Lillian Dickerson Oct 14
Full-frontal agent 'stripped' of job after baring all in listing photos
In addition to Instagram, nude-but-blurred photos of former Compass agent David Ferrugio initially appeared on TheMLS.com before being yanked off the website by administrators
@Properties CEO on franchise biz: We're coming for the big markets
In an interview ahead of Inman Connect Las Vegas, Thad Wong said blockchain will become part of the real estate transaction and franchising will help smaller players survive
by Jim Dalrymple II Oct 22
Why tough conversations with buyers can't wait
Luxury agents Dee Dee Guggenheim Howes and Tyler Whitman discuss why sharing bad news with buyers needs to happen as soon as possible
by Andrea V. Brambila Oct 26
Robert Reffkin wants Compass to be the Amazon of real estate
The Compass CEO shared insight into his company's approach to technology and why brokers need to make decisions with the next decade in mind
by Marian McPherson Oct 27
3 keys to a successful 2022: Video, consumer education and diversity
Focusing on video content, educating the community and increasing industry diversity are all integral to success in the new year, speakers at Inman Connect Las Vegas said Thursday
by Lillian Dickerson Oct 28
What does the word 'luxury' even mean in 2021? Agents have their say
More than a dozen agents weighed in with Inman in October on what 'luxury' means in the wake of a life-threatening virus, economic uncertainty and a rapidly growing wealth gap
How NAR and multiple listing services fail brokers
Greg Robertson and Victor Lund don't hold back on why obtaining MLS data should be easier and why the National Association of Realtors' policy should be enforced
Compass snaps up 3 Warburg agents on heels of Coldwell acquisition
Three top-producing Warburg Realty agents said their reasons for leaving preceded the brokerage's recent acquisition by Coldwell Banker
by Daniel Houston Nov 1
Tech takeaways from Inman Connect: Mortgage's evolution, betting on iBuyers and more
Technology themes at Connect were dominated by a new wave of mortgage providers changing the way buyers enter homebuying, brokers' mixed agreement on how to deliver technology to agents and how iBuying is opening new ways to advise clients
by Craig C. Rowe Nov 2
'Zero Days on Market': New study highlights controversial metric
While brokers see the study as reason to re-evaluate NAR's pocket listing policy, MLSs push back on the study's conclusions, pointing to a hot market. This is the 3rd in a 5-part series
Compass hires new sales executive from Brown Harris Stevens
Fritz Frigan most recently worked as an executive vice president at the New York City-based brokerage Brown Harris Stevens
by Jim Dalrymple II Nov 3
WATCH: Compass CEO Robert Reffkin in conversation with Brad Inman
In this complete interview from Connect, the Compass CEO discusses his company's approach to technology and why brokers need to make decisions with the next decade in mind
by Inman Nov 4
New Upper East Side condo goes under contract for $66.5M
The deal will combine the two uppermost units of the Bellemont condominium located at 1165 Madison Avenue on the corner of East 86th Street
What to expect as Compass, Opendoor, Offerpad and Keller Williams release earnings today
How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO?
by Lillian Dickerson Nov 10
Compass sees both revenue and losses rise in 3rd quarter
The brokerage brought in $1.74B between July and September, but also lost $100M — and sees seasonality returning to the business
by Jim Dalrymple II Nov 10
Seasonality is back, iBuying is alive, and other big earnings takeaways
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy
by Jim Dalrymple II Nov 11
How one indie broker lured more than 20 agents from Compass
Last year, Dudum Real Estate Group made headlines when it hired nearly two dozen agents from Compass. Its broker-owner Julie Del Santo discusses how it came together
by Daniel Houston Nov 18
@properties CEO on the ups and downs of being an indie brokerage
'Cards get stacked against indies,' said Thad Wong, @properties co-founder and co-CEO, during Connect Now when discussing the challenges of being an independent brokerage
by Lillian Dickerson Nov 16
In the end, Elon Musk hired agents to sell his final 'earthly possession'
After putting San Francisco home on market without the help of an agent, the SpaceX CEO relented, tapping Mary and Brent Gullixson of Compass to sell last property in his portfolio
by Lillian Dickerson Nov 16
Avi Dorfman's 8-year battle with Compass is finally over
Eight years after filing suit against Compass, Avi Dorfman has what he wants — a founder title and compensation for his role in helping the company pivot in 2012
by Marian McPherson Nov 16
Robert Reffkin shares the 'magic' of Compass at REtreat Conference
Compass CEO Robert Reffkin kicked off his brokerage's first in-person conference in over a year with a reflection on how COVID changed him and the company.
by Marian McPherson Nov 16
Compass lays out 2022 vision plan, unveils 'Find an Agent' platform
A supersized transaction management and referral platform, a new client dashboard and continued market expansion are all at the heart of Compass' mission to create 'clients for life'
by Marian McPherson Nov 16
How do male luxury agents stay svelte? Hint: Don't rule out Spanx
Any luxury real estate agent will tell you there's a certain expectation to maintain an appearance that evokes luxury and a particular lifestyle. Will Spanx for male agents be the next step?
by Lillian Dickerson Nov 19
6 stories readers might have missed while eating Thanksgiving leftovers
Whether you were stuffing your face with pumpkin pie or breaking up a brawl between brothers who aren't on speaking terms, here are the top stories you might have missed this weekend
by Lillian Dickerson Nov 29
Compass appoints CoreLogic CEO to board of directors
Frank Martell has been with CoreLogic since 2011. As a member of Compass' board, he'll be tasked with helping guide the company forward
by Jim Dalrymple II Nov 30
Lesson Learned: There's never a reason to lose your cool
Find out how NYC agent Charlie Attias learned that staying cool, calm and collected is often the secret to real estate success
by Christy Murdock Dec 3
Compass is sweeping down the plains with new Ranch Division
The brokerage launched on Tuesday its Ranch and Land Division, which will aid buyers and sellers looking to purchase farms, ranches and land
by Marian McPherson Dec 7
The 10 hottest housing markets to watch in 2022
The top US housing markets for 2022 are mostly affordable tech hubs with outdoor recreational opportunities that have become attractive alternatives to pricier coastal markets of late
California Regional MLS launches venture fund, invests in Perchwell
CRMLS CEO Art Carter says the fund will serve agents' and brokers' need for 'high-quality technology that enables them to do their jobs without worrying about how their data gets used'
Real estate in 2021 was weird, wild and always unpredictable
The year saw explosive rivalries, wild stock market performances and plenty of rage
by Jim Dalrymple II Dec 13
Compass will give agents $10K for training and coaching
The 10x10 Business Growth Challenge will pay individual agents and team leaders to participate in various training programs over the course of 10 weeks
by Jim Dalrymple II Dec 15
Home sells for $1M over asking and, well, San Francisco is just insane
The home's previous owner purchased the property from the same agents 2 years earlier for $1.4M, only to turn it around earlier this year for a whopping $3.5M — reportedly in just 3 days
by Jim Dalrymple II Dec 16
In 2022, Compass is all about playing 'the long game'
Compass East President Neda Navab shares the brokerage's plan to create the best end-to-end transaction experience, whether iBuying is in Compass' future, and how they're handling a lackluster stock market performance
by Marian McPherson Dec 27
Biggie Smalls' former Brooklyn apartment sells for $2M
The iconic rapper's former two-bedroom apartment, located in the Fort Greene neighborhood, closed on Dec. 14 for $2M, after listing 3 months earlier for $1.7M
by Ben Verde Dec 21
Can eXp Realty maintain rapid, sustainable growth in 2022?
There's no doubt that eXp has been on a hot streak, but that doesn't mean the brokerage lacks challenges to consider as it looks to 2022, including scaling operations through rapid growth
by Lillian Dickerson Dec 29
5 big challenges for CoStar in 2022
The commercial real estate juggernaut has set its sights on residential sales and faces a bumpy road against incumbents Zillow, Redfin and realtor.com
by Andrea V. Brambila Dec 30
News Quiz: Test your knowledge of real estate's biggest stories of 2021
Acquisitions, spats, implosions and brawls: As the year wraps up and real estate professionals wish for the best in 2022, test your knowledge of the biggest real estate stories of 2021
by Inman Dec 31
All the biggest challenges facing all the biggest companies in real estate
As Inman's '5 Challenges' series wraps up, take a look back at how Keller Williams, Compass, Zillow and 6 other major players will contend with low inventory, rapid growth and more in 2022
by Jim Dalrymple II Jan 2
Colossal $295M Bel Air mansion dubbed ‘The One’ set for auction
Real estate developer Nile Niami makes last-minute pitch to create a new digital currency before the 105,000-square-foot property goes to auction next month
by Taylor Anderson Jan 4
3 top-producing agents form the first new Compass team of 2022
Philly and The Burbs Team will operate out of The Promenade in Upper Dublin in Philadelphia and represent more than $400M in sales volume. This is Compass' first new team of 2022
by Marian McPherson Jan 5
2022 resolutions: Luxury real estate agents aim high in the new year
From personal health and spending more time with family to finally clinching that big break, here are the goals luxury real estate agents are striving for in 2022
Concierge Auctions delays bids on Bel Air mega-mansion 'The One'
Delay on opening bids until Feb. 28 comes as developer Nile Niami makes a last-minute pitch to turn the 105,000-square-foot pad into a digital currency asset
by Taylor Anderson Jan 11
Top Northern California team leaves Compass for Coldwell Banker
The Khrista Jarvis Team — No. 1 medium-sized team in Northern California and No. 1 all-women real estate team — has left Compass to join Coldwell Banker. The 5-person team nearly doubled its business in 2021, netting $600M in sales volume
by Lillian Dickerson Jan 12
Independent HomeCo Chicago team joins Compass
Founded in 2019 by Haley Levine Wills and Tony Mattar, the team will operate out of Compass' Roscoe Village office
by Lillian Dickerson Jan 14
Ryan Serhant's brokerage snags 2 Compass teams
The addition of the new teams brings a total of 30 agents to Serhant., representing a 35% growth of the company, according to the company
by Lillian Dickerson Jan 18
'Worst house on best block' sparks bidding war, despite nary a bedroom
The decrepit 120-year-old townhouse at 320 Day Street went for $600K over its starting bid at a conservatorship sale auction on Jan. 7 despite having no bedrooms to speak of
by Ben Verde Jan 19
Compass continues Midwest expansion with Indiana team
Compass announced on Thursday it was adding Indianapolis-based Gallery of Homes and its team, which closed 2021 with 182 homes sold and more than $43M in sales volume
by Taylor Anderson Jan 22
From Realtors with love: 89 tips for new real estate agents in 2022
Inman reached out to more than 200 of the country's top agents by transaction sides and sales volume and asked 1 simple question: What's your advice for agents launching careers in 2022?
The Khrista Jarvis Team on 'leading the way'
Earlier this month, the team announced its move to Coldwell Banker from Compass. Here, team leader Khrista Jarvis talks about the secrets to her team's success and why they made the move
by Lillian Dickerson Jan 26
Offerpad stock reaches lowest level ever on Wall Street before rebound
It’s not the only publicly traded real estate brand to face headwinds in the market in January, but it is leading the pack
by Taylor Anderson Jan 28
A reptile dysfunction: Agents dodge falling iguanas on the job in Florida
Fallout from unsually cold temperatures in the state last weekend comes with its own challenges, real estate agents in Florida told Inman
Why I didn’t sell my home
Opinion
A week ago, Brad Inman called his Realtor with good news: With only a DocuSign signature standing in the way of an imminent sale, he was abruptly taking his LA home off the market
by Brad Inman Feb 2
Beverly Hills Estates snags high-performing Compass agent
Shauna Walters, who has $8 billion in career sales, according to her social media accounts, joins a number of agents who have recently made the move to The Beverly Hills Estates
19 agents share how tooting their own horns is bringing in business
Client testimonials don't just feel good, they're a powerful way to build authority online
by Christy Murdock Feb 4
Check your ego: NYC agent tips on winning co-op board approval
Inman spoke with seasoned New York City agents to get their takes on making the board approval process an easy one
by Ben Verde Feb 4
Compass launches 12-month 'Agent Action Plan' amid training surge
The “Robert Reffkin Agent Action Plan" is designed to help agents build their business the way the Compass founder built his
by Jim Dalrymple II Feb 7
75% of homebuyers acknowledge some regret over recent home buy
Three-quarters of survey participants who purchased a home in the past 2 years had some regrets about at least one aspect of their new home, according to an analysis released Tuesday by Zillow
by Ben Verde Feb 8
Brooklyn Beckham lists LA mansion 8 months after purchase
The 22-year-old son of David and Victoria Beckham listed his Los Angeles mansion for a dollar short of $11 million
by Ben Verde Feb 15
Compass once again sees revenue, losses grow in Q4 earnings
Compass' revenue jumped 31% in the fourth quarter of 2021 and 73% for the entire year, though expenses related to the company's public debut pushed up losses
by Jim Dalrymple II Feb 16
News Quiz: Do you know the biggest stories for the week of Feb. 13?
Compass, Realogy and Redfin all posted earnings reports this week. Test your knowledge of the biggest stories — and quarterly wins and losses — to see if you're up to date on the industry
by Inman Feb 18
'The finest in our business': Agents and friends remember Jeff Hyland
Peers, colleagues and friends in southern California shared their memories of Hilton & Hyland co-founder Jeff Hyland and described the lasting impact he had on the real estate industry
by Lillian Dickerson Feb 18
She was hacked on Instagram. Now a Compass broker is speaking out
Nancy Gordon told Inman she had been trying to do several things at once when the hack happened — like many real estate professionals tend to do — which likely made her more off-guard than she might have been otherwise
by Lillian Dickerson Feb 23
No. 1 Side, Inc. agent in Houston jumps to Compass
Michael Afshari brought in $72 million in sales volume, closed more than 100 transactions in 2021 and was also ranked the No. 10 agent overall in Houston, according to BrokerMetrics data
by Lillian Dickerson Feb 23
Compass nabs 2 woman-led top teams in California
The Jen Caskey Group, made up of agents formerly with eXp Realty, and the Summer Perry Group, recently affiliated with Surterre Properties, are both moving to Compass
by Lillian Dickerson Feb 24
Inman Top 5: The biggest stories of the week of Feb. 18-24, 2022
Catch up quickly on the most significant stories of the week, as determined by Inman readers. Here's this week's Inman Top 5
by Inman Feb 25
The grueling fitness craze hitting luxury real estate agents hard: 54D
The high-intensity, nine-week fitness training, nutrition and recovery program found new audiences in the pandemic, and luxury agents say it gives them the kind of discipline needed to succeed in real estate
by Lillian Dickerson Feb 25
America's most expensive home — The One — heads to auction Monday
The 105,000-square-foot mega-mansion is set for auction after a decade of struggles to complete and sell the property, including a failed attempt to turn the property into a crypto currency
by Taylor Anderson Feb 25
$110M Silicon Valley estate could obliterate area price record
If the newly constructed Woodside estate sells for its list price, or anything close to that amount, the sale would decimate the current home price record for the area, which is $43.5M
by Lillian Dickerson Feb 25
Hyped as America's priciest home, ‘The One’ sells for $126M at auction
Once valued at $500M, the home in the Los Angeles neighborhood of Bel Air was auctioned off earlier this week to pay hundreds of millions in debt accrued during the decade it took to build
by Taylor Anderson Mar 4
Compass taps Bill Cunningham to manage sales in Hawaii
The former president of sales at Corcoran will work on agent support and furthering Compass' expansion into the island market
by Ben Verde Mar 7
Mauricio Umansky on The Agency’s ‘tremendous openness’
Inman spoke with The Agency's CEO about rapid expansion, working with family and some of his favorite memories from Inman Connect New York ahead of ICNY in April
by Lillian Dickerson Mar 18
Compass expands into Sacramento with new office
The tech-forward brokerage will open an operations hub in Midtown Sacramento where more than 30 agents will now be based, it was announced Monday
by Ben Verde Mar 15
Compass knocks Realogy from top of T3 Sixty rankings after 23 years
Real estate analytics firm T3 Sixty's latest Real Estate Almanac revealed how complicated the answer to 'Who's the biggest brand in the industry?' can be, with Compass, Realogy and Keller Williams ruling their respective business models
by Marian McPherson Mar 23
Venture capitalist Marc Andreessen buys another Malibu pad for $44.5M
Months after buying a separate, record-shattering home down the street for $177M, Marc Andreessen and his wife Laura Arrillaga-Andreessen have purchased a second Escondido Beach home
by Lillian Dickerson Mar 24
Compass completes its remarkable climb to become top producer
Compass completed $251.1 billion in transactions last year, more than any other brokerage firm. HomeServices of America had the most sides
by Taylor Anderson Mar 25
Compass snags 2 teams with 45 joint agents, expands into Virginia
Compass is expanding into Richmond, Virginia, with new teams that have 45 agents total and a combined 2021 sales volume of $227M
by Ben Verde Mar 30
Top Dallas Christie's team moves to Compass
The luxury, commercial and rural land sales-focused Ulterre team brought in $387M in total sales volume in 2021, 10 transactions of which were priced at $10M or greater
by Lillian Dickerson Mar 30
Court rejects REBNY bid to toss Compass antitrust suit
The allegations that the Real Estate Board of New York conspired with Corcoran and Douglas Elliman to 'smother' competition move forward
'Stock is not the company:' Robert Reffkin on Compass 1 year after IPO
In a heartfelt letter posted on LinkedIn, Compass founder and CEO Robert Reffkin addressed stock market troubles and cast his vision for the future on the 1-year anniversary of going public
by Marian McPherson Apr 4
You'll never guess which 'Scrubs' actor just joined Compass
Robert Maschio, the actor who played Todd Quinlan on the ABC series, has been selling homes since 2017 with Rob Maschio Real Estate. He joined Compass in Santa Monica this week
Don't sleep on the threat of real estate wire fraud
Opinion
A 2021 survey showed that 1 in 3 real estate transactions were targeted by cyber criminals. Real estate agents can no longer afford to ignore the threat or meet it with a one-line warning at the bottom of their email signature
by Rich Hopen Apr 11
‘New York market remains a juggernaut’ in Q1, condo sales thrive
Quarterly market reports released this week from several area brokerages revealed a luxury market in high demand, with climbing prices and little inventory
As supply dwindled, nation's biggest brokerages gained market share
The biggest real estate brokerages and franchise networks made big gains in market share in 2021 and accounted for 61% of home sales, a new report reveals
by Daniel Houston Apr 7
Compass reaches settlement in Section 8 discrimination case
As part of its settlement with the Housing Rights Initiative, Compass has committed to raising commissions for agents brokering Section 8 leases and launching several housing voucher education programs
by Marian McPherson Apr 7
Compass taps Mindbody CEO Josh McCarter to join board of directors
Mindbody CEO Josh McCarter has become New York City-based brokerage Compass' seventh board member. McCarter will help bolster Compass' agent scheduling and payment tools
by Marian McPherson Apr 11
Agent to athletes trades Compass sports division for Douglas Elliman
Denver Bright, known for representing celebrity clients including a few Miami pro athletes, will return as a member of the Sports and Entertainment Division on the Senada Adzem Team
by Ben Verde Apr 12
Leads, glamor, contracts: Survive the minefields of being a new agent
Newer agents sometimes come to real estate with the wrong expectations, or with little understanding of things like contracts and negotiation. Here's how the pros suggest avoiding those mistakes
by Jim Dalrymple II Apr 15
Los Angeles agent Carl Gambino moving New York team to Compass
Carl Gambino, who has advised 2 of the 3 Jonas Brothers as well as Alex Rodriguez and Jennifer Lopez, is signing on with Compass in New York and leaving the Modlin Group, it was announced
by Ben Verde Apr 15
14 insightful tips for agents looking to save money in their business
From resisting shiny objects (so to speak) to taking advantage of local intern pools, here's how industry experts say agents can save their pennies in an ever-shifting market
by Lillian Dickerson Apr 18
Brokerages that fail to evolve may get cut out of loop, top leaders warn
Realogy Expansion Brands CEO Sherry Chris and Compass US Region President Neda Navab said the brokerage of the future is one that prioritizes innovation and embracing change
by Jim Dalrymple II Apr 19
Agents, put your phones down
Frances Katzen and Brian Lewis reveal how they got deals worth tens of millions during Inman Connect New York session
by Andrea V. Brambila Apr 19
Lifestyle is key to finding your niche
Aaron Seawood, Mark Choey and Dee Dee Guggenheim Howes discuss the importance of specialization to grow their businesses
by Andrea V. Brambila Apr 19
Family, staff and hours: 7 sacrifices agents are making amid tough times
As they consider the uncertain future ahead, here's what real estate agents are giving up in their professional and personal lives
Venture fund for nation's biggest MLS will eye agent-friendly startups
With its venture capital firm — the first-ever created by a multiple listing service — CRMLS will focus only on early-stage companies improving the broker and agent experience
by Taylor Anderson Apr 27
Corcoran lands top spot in first-ever UrbanDigs NYC brokerage rankings
Corcoran took the top spot in Manhattan and Brooklyn with $2.54B in signed contracts, with Compass following close behind, according to the firm's inaugural NYC quarterly report
by Lillian Dickerson Apr 28
Compass dethrones Realogy as top brokerage in T3 Sixty Mega 1000
EXp Realty took the top spot for transaction sides. Both it and Compass grew sides and volume by hundreds of percent over the past year, according to real estate analysis and consulting firm T3 Sixty
by Jim Dalrymple II Apr 28
Quetzal Grimm leaves Compass to expand The Agency in Silicon Valley
Grimm, who most recently served as a sales manager at Compass, will lead The Agency's expansion throughout Silicon Valley with offices located in Los Altos, Palo Alto and Woodside
by Lillian Dickerson Apr 28
Judge in Realogy-Compass suit steps down due to Compass listing dispute
New York Supreme Court Justice Barry Ostrager recused himself from the long simmering case on Tuesday, 3 months after his co-op went under contract with a Compass broker
by Marian McPherson Apr 28
From Airbnb to Zillow: How real estate is dealing with Ukraine crisis
As US businesses withdrew from Russia, Inman surveyed the nation's top real estate companies. Read on to see how 23 of the industry's most notable companies have responded to the conflict
by Ben Verde May 5
Reese Witherspoon sells Brentwood estate for $21.5M within 1 month
The 10,000-square-foot home sitting on 3 acres and displaying views of Mandeville Canyon was originally purchased by a trust linked to Witherspoon in 2020 for $15.895M
Compass acquires Consumer's Title Company of California
Announced Tuesday, the acquisition greatly expands the brokerage's title insurance reach in the Golden State, where it already claims to be the largest independent real estate brokerage
by Ben Verde May 3
From ballet to real estate: 'Workin' Moms' star joins Engel & Völkers
Since 2016 in-between acting gigs, Realtor Jessalyn Wanlim has affiliated with Engel & Völkers because of the brand's widespread appeal across different cultures
Home owned by Dolly Lenz has ties to Brad, Angelina and the paparazzi
Sold earlier this week for $13.6M, the former Douglas Elliman vice chair's home boasts 8 bedrooms, 7-and-a-half bathrooms and a Hollywood connection to Brad Pitt and Angelina Jolie
by Ben Verde May 6
Compass brings Shopify CTO Allan Leinwand on as board member
The ‘engineering visionary’ who also worked at Slack, Zynga and Cisco Systems, will help guide Compass during a period of rapid growth
by Jim Dalrymple II May 9
Debt-ridden Bel Air mega-mansion fails to nab $50M target at auction
As of the auction's closing bid on Monday, celebrity botox doctor Alex Khadavi's Bel Air mansion had gone for $46.76M, below the $50M reserve price set by bankruptcy courts
by Lillian Dickerson May 10
Brokerages push back on NAR ad campaign targeting 'competitors'
The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it's competing with for consumer mindshare
by Andrea V. Brambila May 12
Compass trims losses slightly in Q1, sees revenue jump 25%
Compass agents did 47,367 deals between January and March of 2022, which represents a new high for the brokerage, according to a Q1 earnings call on Thursday
by Jim Dalrymple II May 12
Compass CFO to resign while chief product officer gets promotion
Chief Financial Officer Kristen Ankerbrandt will leave the company in September, while Greg Hart will become Compass' new chief operating officer
by Jim Dalrymple II May 12
Adam Levine sells LA compound for $51M just 1 month after trading up
The singer and his wife, the model Behati Prinsloo, listed their Los Angeles compound less than 2 months ago for $57.5 million
by Ben Verde Today 11:03 A.M.