Former RE/MAX Northwest CEO moves Austin team to Compass
Matt van Winkle served as chief executive officer of RE/MAX Northwest from 2011 until 2022 and will now lead a Compass team
by Ben Verde May 8
Leading Laguna Beach team returns to Compass from Coldwell
The Marcus Skenderian Real Estate Group is boomeranging back to Compass after 3 years away to launch its own brick-and-mortar office in Laguna Beach
How agents can rise to the top of their market in the next 90 days
Real estate coach Jonathan Lack shares insights for what agents can do in the next 30, 60 and 90 days to perform at a higher level in the wake of commission lawsuit settlements
Court grants preliminary approval of settlements with firms in Gibson
The court has granted plaintiffs' motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman
by Lillian Dickerson Apr 30
EXp Realty taps Wendy Forsythe as new chief marketing officer
Industry sales, operations and strategy veteran Wendy Forsythe is eXp Realty's newest chief marketing officer, according to an announcement on Thursday
by Marian McPherson Apr 25
'RHONY's' Erin Lichy heads to Compass to launch new team
The reality TV star has left the Eklund Gomes Team at Douglas Elliman to start the Erin + Alex Team at Compass with Alexandra Hedaya. It will operate in New York, the Hamptons and Florida
by Lillian Dickerson Apr 19
Recruiting War '24: For brokerages, headhunt pivots to cream of crop
Agent headcount — once a ubiquitous barometer of brokerage success — has faded, interviews and new Inman Intel Index results reveal. Instead, focus has shifted to 'the better and best agents'
by Jim Dalrymple II Apr 15
2022 Deal of the Year winner David Mayer returns to Compass
The 2022 REBNY award winner has decided to return to Compass after a nearly 2-year stint over at Corcoran. He said Compass' tech was 'light years ahead of other brokerages'
by Lillian Dickerson Apr 10
Tomer Fridman and Sally Forster Jones form new team
The LA-based luxury powerhouses have collaborated together at Compass for 6 years. After clients suggested they make the partnership official, the pair formed Jones Fridman International
by Lillian Dickerson Apr 10
Recruiting War '24: Agents field new offers constantly, Intel finds
A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it's now an unavoidable aspect of the job
by Jim Dalrymple II Apr 8
Compass acquires 3,100-agent Gulf Coast giant Latter & Blum
Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time
by Jim Dalrymple II Apr 3
New commission lawsuit in New York may draw FTC attention
The antitrust case from homebuyer and homeseller Hao Zhe Wang alleges MLS and broker services are illegally tied
Compass brings on Atlanta's Beacham & Company
Glennis Beacham founded the former indie brokerage in 2006 after growing her career over the course of more than 2 decades to become one of Atlanta's top luxury agents, the firm told Inman
by Lillian Dickerson Mar 27
A man is the face of SERHANT., but the firm is powered by women
You probably know Ryan Serhant and Josh Team pretty well, but how about the firm's female leaders who are helping to drive it to success? Here's an introduction
by Lillian Dickerson Mar 25
NAR (and now Compass) settled. Y'all had thoughts: The Download
Real estate professionals respond in the aftermath of NAR's big commission lawsuit settlement and Compass' brand new one
by Christy Murdock Mar 22
Compass to pay $57.5M to settle commission lawsuits
The news comes 1 week after NAR's whopping $418M settlement was announced. Compass also agreed to make some minor changes to its business practices as part of the settlement
by Lillian Dickerson Mar 22
Who's out: The brokerages not covered in the NAR settlement
More than 90 brokerages would not be covered under the $418M deal, though most have the option of buying in
by Andrea V. Brambila Mar 20
How commission chaos divided the real estate industry into 4 factions
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
by Taylor Anderson Mar 20
Take the Inman Intel Index survey for March
The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey today
by Chris LeBarton Mar 20
Marc Andreessen lists Atherton mansion for $33.475M
The Andreessens have owned the home since 2007. The couple also recently purchased several parcels in Malibu, suggested a switching of allegiances to Southern California
by Lillian Dickerson Mar 19
27% of agents are now considering joining new trade group: Intel
Ahead of the National Association of Realtors' commission settlements Friday, some agents are reevaluating their memberships and considering the American Real Estate Association instead
by Lillian Dickerson Mar 15
'Million Dollar Listing' star Josh Flagg leaves Elliman for Compass
The high-profile luxury agent has worked with Douglas Elliman since 2021 and served as a longtime agent with Rodeo Realty before that. He will now align with Compass’s Beverly Hills office
by Ben Verde Mar 13
Brett Miles joins Official as founding agent in NYC
Miles was most recently affiliated with Compass and brings strong connections in the new development sector to Official. His team will also begin operating in Miami, Inman has learned
by Lillian Dickerson Mar 11
Coldwell Banker Warburg recruits Compass, Elliman luxury vets
Kathy Kaye and Lorraine Baker each have about 2 decades of industry experience and bring roughly $200M each in career sales volume to the firm, Inman has learned exclusively
Berkshire Hathaway Energy added to growing Gibson commission suit
Amended complaint alleges Warren Buffett's company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy
Compass, eXp notch more big recruiting wins
Compass has recruited New York-based brokers Tom Postilio and Mickey Conlon. Meanwhile, eXp added Calgary-based Sahil Chhabra and his team to its ranks
by Jim Dalrymple II Mar 1
The biggest wins, losses and news from Q4 2023 earnings
Real estate’s Q4 earnings calls have finally wrapped. From RE/MAX’s CEO exit to Airbnb’s $10B year, we’ve rounded up the top stories all in one place. Here’s what you might have missed
by Jessi Healey Feb 29
Corcoran Group lands in Massachusetts with new franchise
The Boston-headquartered franchise dubbed 'Corcoran Property Advisors' is led by brokers-owners Brian Dougherty and Nick Robert. The firm also has an office in Cohasset
by Lillian Dickerson Feb 29
Compass lifts agent count in Q4 but falls short of positive cash flow
The fast-growing brokerage also suffered a net loss of $83.7M in the quarter, which was an improvement compared to the loss 1 year earlier
by Jim Dalrymple II Feb 27
Star broker Jaime Richichi moves to Sotheby's International Realty
After 2 years at Compass, NYC-based real estate broker Jaime Richichi is moving to Sotheby's International Realty. Richichi has a lifetime sales volume of $100M
by Marian McPherson Feb 26
Nevada homeseller files yet another commission lawsuit
Angela Boykin is suing over a home sale from 2022. Her case is the 2nd such recent lawsuit out of Nevada and adds to the growing number of cases that have followed the Sitzer | Burnett verdict
by Jim Dalrymple II Feb 20
WATCH: Robert Reffkin talks portals, agents, the NYC subway
In a recent appearance at Inman Connect New York, the Compass CEO discussed his company's ongoing industry dominance and came out in favor of in the portal wars
by Christy Murdock Feb 17
Inman's 2024 Global Real Estate Influencers revealed
Broker and reality television star Ryan Serhant headlines an all-star roster of the industry's most compelling voices for the second-annual Inman Global Real Estate Influencers program
by Lillian Dickerson Feb 15
Top producer Christian Rogers joins Elegran | Forbes Global
Rogers, a 17-year industry veteran, has left Compass after 5 years. In 2012, he co-represented the buyer of one of New York City's priciest-ever co-op purchases, a $50M Fifth Avenue unit
by Lillian Dickerson Feb 14
'The vibe is pretty good' as first earnings season of 2024 kicks off
Ahead of Q4 earnings this week and next, analysts are narrowing in on the future — and pleased by lower rates and a healthier economy as it rebounds from the final months of 2023
by Jim Dalrymple II Feb 14
Top Bay Area team boomerangs back to Compass from Side
Mollie Poe and Declan Hickey were founding members of Compass San Francisco before leaving in 2020. Now, they're bringing 4 additional team members back to Compass with them
by Jim Dalrymple II Feb 13
Wendy Forsythe makes leap from brokerage world to coaching firm
The experienced real estate executive has led initiatives at Compass and Fathom Holdings. Now she'll be president of Chirag Shah Coaching
by Daniel Houston Feb 7
Corcoran reels back Marcus-Wells Team, more agents from Compass
In the ongoing tug-of-war for top agents, Corcoran Group has wrestled back 8 boomerang agents from Compass and recruited an additional 8 Compass agents to the New York City-based brand
Broker Spotlight: Merry Morgan Holotik, Compass Florida
Broker Merry Morgan Holotik can (literally) tell you what it takes to scale the summit of Mt. Everest and plant your brokerage's flag there
by Christy Murdock Feb 1
Record-breaking NYC townhouse sale goes to mystery buyer
An anonymous couple purchased Altice USA CEO Dexter Goei's West 11th Street townhouse for $72.5M. Two Compass agents brokered the off-market sale
by Marian McPherson Jan 31
Buy this pretty, pretty pretty good home once owned by Larry David
Coincidentally timed as Curb Your Enthusiasm launches into its final season this weekend, the architecturally significant home was built in Montecito in 1929 by George Washington Smith
by Lillian Dickerson Jan 31
Brokerages must focus on culture, community, connection in 2024
Leaders from Sotheby's International Realty, Compass and Douglas Elliman shared how luxury clients are responding to the market and how their brokerages uniquely support agents
by Lillian Dickerson Jan 25
Compass CEO Robert Reffkin comes out in favor of
On Thursday, in conversation with Brad Inman at ICNY, Reffkin weighed in on the portal wars, predicted an improved market in 2024, and revealed he takes public transit around New York
by Jim Dalrymple II Jan 25
California commission lawsuit filed against NAR and 35 other entities
Homesellers allege 36 Realtor association, brokerage, and multiple listing service defendants conspired to inflate buyer broker commissions in violation of state and federal antitrust laws
by Andrea V. Brambila Jan 19
Court says $200B commission suit against NAR must go forward
A federal court judge denied a request from the defendants to suspend the case pending the outcome of post-trial motions after the Sitzer | Burnett verdict
by Andrea V. Brambila Jan 18
Compass recruits influencer (and Corcoran agent) Randy Baruh
Baruh works in New York City and brings with him 3 other agents and an administrator. His move comes as brokerages compete intensely for top talent
by Jim Dalrymple II Jan 17
The Chandani twins are taking TV, music and real estate by storm
From collaborating with Wiz Khalifa to scene stealing on Amazon Prime's 'Twin Love,' siblings Krish and Akash Chandani are betting on a big 2024 as their luxury Compass team shifts into high gear
New York agent Scott Fava boomerangs back to Compass
Fava and his New York-based team are the latest agents to participate in a trend of leaving a brokerage, only to return some time later
by Jim Dalrymple II Jan 4
Superman's apartment is real, and it's available for $5.9M
The 5th floor unit at the Standish in Brooklyn Heights was often mentioned in the 'Superman' comic books as Clark Kent's abode. Now the real-life 2,400-square-foot condo is for sale
Robert Reffkin relinquishes stock unit awards for $7M cash bonus
An SEC filing showed the Compass CEO is letting go of $25M in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary will become $900K
What the biggest names in real estate really thought of 2023
As real estate dives into the new year, 14 of the industry's top leaders looked back on mortgage rates, slow sales, antitrust suits, NAR drama and other headline-making stories from 2023
by Marian McPherson Jan 2
The 31 biggest residential deals of 2023 commanded $50M or more
New York City and Palm Beach, Florida, shouldered the greatest number of high-end luxury transactions in 2023. Marred by its loathed new mansion tax, Los Angeles failed to make the cut
by Lillian Dickerson Dec 29
Bob Kelley Team boomerangs to BHHS Fox & Roach Realtors
After a roughly 4-year run with Compass, the 18-person team has returned to Fox & Roach. The team closed more than $73M in sales volume in the last year
by Lillian Dickerson Dec 20
Sellers say Compass agent flooded their home, then ghosted them
Aaron Schwid and Youngkey Chung trusted Compass agent Matt Isbell, in part because he had appeared on 'Million Dollar Listing.' But his home showing resulted in a major disaster
by Lillian Dickerson Dec 18
Can an LA condo set a $50M record? Agents say, why not?
LA's luxury condo market has never seen a sales price above $35M. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time
by Lillian Dickerson Dec 15
Teams Spotlight: The Pargh Team
Learn how this Nashville team focuses on relationship-building and how it's paying dividends as they grow their impact
by Christy Murdock Dec 14
Compass COO Greg Hart to leave company at year end
Hart joined Compass in 2020. After his departure, the fast-growing brokerage will eliminate the role of chief operating officer
by Jim Dalrymple II Dec 12
Sale of opulent manse in Brooklyn breaks neighborhood record
The off-market sale of the Brooklyn Society for Ethical Culture manse at 53 Prospect Park West for $13.5M has set a new local record
by Ben Verde Dec 4
Carmine Sabatella of HGTV's 'Inside Out' joins The Agency
The real estate agent and interior design pro said he was making the move because of The Agency's boutique culture. He has closed more than $300M in sales volume during his career
ONE Sotheby's taps Compass alum Lena Johnson as CMO
The marketing executive spent 8 years at Vogue before transitioning into real estate and was instrumental in the founding of Compass' luxury division
Team co-led by former 'Bachelor' Jason Mesnick joins Real
Mesnick and his partner Chris Dalto have left Compass and brought their Seattle-based luxury team, MDG Residential, to Real. Within its 1st year, the team closed more than $100M in sales
by Lillian Dickerson Nov 29
Georgia homesellers file yet another antitrust commission suit
The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It's also the latest in a string of new cases following the Sitzer | Burnett verdict
by Jim Dalrymple II Nov 28
Signs of a buyer's market emerge as homeseller concessions return
More than a third of all home sales featured a concession in the past 3 months, according to new data and agents who told Inman that they're beginning to see signs of a buyer's market unfold
by Ben Verde Nov 27
Agents choose lively culture over cutting edge technology: Triple-I
A majority of agents and 55% of mortgage and real estate broker-owners agree that culture is the factor that sets a company apart, according to the latest Inman Intel Index results for October
by Lillian Dickerson Nov 21
Win dinner with Robert Reffkin in Compass' Back to Basics challenge
25 Compass agents with the most buyer-exclusive agreements and in-person interactions after 100 days of 2024 will win a trip to NYC, lunch with Leonard Steinberg and dinner at Reffkin’s home
by Lillian Dickerson Nov 20
Real estate CEOs: Big impact from commission suits 'improbable'
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don't anticipate major disruptions
by Jim Dalrymple II Nov 17
Mark McLaughlin: Client trust is all that matters — all else is 'noise'
Compass' chief real estate strategist speaks this week at the Compass RETREAT on 'The Future of the Industry and Client Representation.' In a recent conversation, he shared his insights
by Lillian Dickerson Nov 16
Robert Reffkin: What we have now is a 'connection issue'
In a keynote address at Compass RETREAT on Tuesday, the CEO stressed getting back to basics, forging sincere connections with clients as key to surviving and thriving in the current market
by Lillian Dickerson Nov 15
What to expect at Compass' annual RETREAT in San Diego this week
Throughout the week, RETREAT attendees will learn how to develop new business tactics, wield technology more efficiently and stay afloat as guidance around commissions changes in 2024
by Lillian Dickerson Nov 14
Commission lawsuits are piling up. Keep track of them all right here
In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate's status quo. Here's a rundown of all the cases
by Jim Dalrymple II Nov 10
New commission lawsuit targets REBNY and 26 companies in NYC
Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws
by Taylor Anderson Nov 10
Compass snags high-performing Rhode Island Sotheby's team
The Blackstone Team is based in Providence and closed more than $95M in sales volume last year. The team's move to Compass comes amid intense competition for top talent
by Jim Dalrymple II Nov 9
The Agency scoops up 4 NorCal Compass agents
Over the past few months, 34 agents have joined The Agency from Compass' Northern California offices. In total, The Agency has brought on 72 agents in the region over the course of 2023
Mother of all commission suits filed in Illinois, this time by homebuyers
'Batton 2,' exponentially larger in scope than Sitzer | Burnett and the Moehrl commission suits, was filed last week in Illinois and takes aim at many of the defendants in another suit called Gibson
Compass recommits to North Dallas with new office space
The brokerage has signed a lease for a 14,000-square-foot office space in the recently redeveloped HALL Park in Frisco, Texas, in a commitment to future growth in the region
Sitzer | Burnett plaintiffs' attorneys in talks with Department of Justice
Disrupting the National Association of Realtors' use of multiple listing services as a 'vehicle for higher commissions' is at the center of talks, lawyer Michael Ketchmark told Inman exclusively
Compass trims losses, improves cash flow despite Q3 revenue dip
The brokerage saw revenue fall 10% year over year, but also managed to cut net losses from $154M in the third quarter of last year to $39M this time around, according to a Q3 earnings call Monday
by Jim Dalrymple II Nov 6
Luxury broker Tate Kelly joins Coldwell Banker Warburg
The Upper East Side native comes to the brand from Compass and has closed over $300M in sales during the course of his career. He specializes in Manhattan's luxury market
Will Q3 earnings keep real estate mired in a 'Groundhog Day' loop?
Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it?
by Jim Dalrymple II Nov 1
Sitzer attorney files new suit against Compass, Redfin, others
Michael Ketchmark filed the new lawsuit just moments after a jury sided with his clients in the Sitzer | Burnett case. The new suit claims another batch of companies committed a conspiracy
Christie's International Real Estate launches major NorCal expansion
The founding real estate agents of Christie's International Real Estate San Francisco | Marin | Wine Country hail from The Payton + Binnings Team and boast $200M in transactions annually
by Lillian Dickerson Oct 30
True crime meets luxury real estate in gripping 'Crime Estate' podcast
Dallas real estate agents Heather Guild and Elena Richey bonded with a non-agent friend, Melanie Stout, over a shared interest in true crime and real estate and the 'Crime Estate' podcast was born
by Lillian Dickerson Oct 20
Very superstitious: Agents say Friday the 13th can jinx a deal
St. Joseph statues, canceled flights, horseshoes, oh my! When clients are already nervous about a transaction, Friday the 13th could be the 'nail in the coffin,' agents said
by Lillian Dickerson Oct 13
Beastie Boy Mike D's childhood home sells for $13.5M
The spacious duplex, located in Manhattan's Upper West Side Eldorado building, sold for $4.5M under asking after listing over a year ago
by Ben Verde Oct 4
Hollywood's top 35 luxury real estate agents, revealed
It takes a highly qualified real estate agent to perform at the level that many celebrities demand. Here are the top ones serving Hollywood today, according to 'The Hollywood Reporter'
by Lillian Dickerson Sep 29
Compass adds 2nd office to Kansas City metro area
The new office is located on the western edge of Country Club Plaza and is easily walkable from some of the neighborhood's premier hotels, restaurants and high-end shops
by Lillian Dickerson Sep 28
Compass acquires No. 1 indie brokerage in Central Texas
NYC-based brokerage Compass has acquired Realty Austin and Realty San Antonio for an undisclosed amount. The brokerage closed $5.24B in 2022 sales volume
by Marian McPherson Sep 27
Compass adds 10 principal agents to Ocean City office
Compass has recruited 15 agents from an Ocean City, New Jersey, RE/MAX franchise, 10 of whom will serve as principal agents. The new recruits represent $136M in 2022 sales volume
by Marian McPherson Sep 27
Compass' luxe magazine 'Curated' now available in 25 private airports
The luxury magazine with a distribution of about 35,000 will now be accessible to ultra-high-net-worth clients flying through select private airports in the US, the brokerage told Inman exclusively
by Lillian Dickerson Sep 25
CrossCountry Mortgage CEO nails profit on $30M Fort Lauderdale pad
Ronald Leonhardt Jr. purchased the Harbor Beach home for $23M in 2021. It includes 120 feet of water frontage, a lap pool, a full summer kitchen and docking capabilities for a megayacht
by Lillian Dickerson Sep 22
A story from 'The Brady Bunch' house: None of the appliances work
The kitchen may look groovy, but none of the appliances in 'The Brady Bunch' replica house are functional, new homeowner Tina Trahan learned shortly after acquiring the property
by Lillian Dickerson Sep 20
Compass scoops up high-end SoCal boutique brokerage
DPP Real Estate has more than 175 agents and specializes in architecturally significant properties. Moving forward, the firm will be known as DPP @ Compass
by Jim Dalrymple II Sep 19
Chris Lim steps down as Christie's president as co-presidents named
Natalie Hamrick and Kevin Van Eck, vets of Christie's and @properties, will take up Lim's former role as co-presidents. Nidhal Charfi also joins as VP of affiliate expansion, Inman has learned
by Lillian Dickerson Sep 19
Compass adds new AI marketing tool to its tech platform
The new tool comes during a year of heightened interest in artificial intelligence. It'll help agents write listing descriptions, craft social media posts and more
by Jim Dalrymple II Sep 15
Totally groovy LA home from 'The Brady Bunch' sells for $3.2M
The house was purchased from the television network HGTV for about 9% less than the network paid for it in 2018 and has been sold to a fan of the sitcom who collects unusual homes
by Ben Verde Sep 12
Compass Sports & Entertainment adds 29 agents to mid-year class
The new class brings the total number of Compass Sports & Entertainment Division agents up to 158, representing 71 different markets. In 2022, they closed more than $7.7B in sales volume
Leslie Clarke Team leaves William Raveis for Compass in Connecticut
Leslie Clarke's team specializes in the upscale Westport and Fairfield County markets, according to an announcement. In 2022, the 2-agent team closed $124.33M in sales
Real estate has trimmed its losses. But 'winter is coming': DelPrete
Even as real estate companies cut costs and narrowed losses in the second quarter of 2023, the third quarter may deliver the truest test of their financial mettle, Mike DelPrete told Intel
by Daniel Houston Aug 30
Compass picks up 2 top agents in Chicago from @properties
Anne Hodge and Debra Dobbs are joining Compass in the Windy City. The agents together bring more than 60 years of experience in Chicago real estate, according to the company
by Ben Verde Aug 25
Compass agent says she was axed for speaking out at school board
California-based agent Janet Roberson told Inman a Compass team leader dismissed her after her controversial testimony at a school board meeting in April
by Marian McPherson Aug 22
Compass expands into Santa Cruz with Monterey Bay Properties
Compass has partnered with the 40-year-old brokerage and its team of nearly 40 agents, marking the publicly traded brokerage's first office in Santa Cruz County, the company announced Wednesday
by Ben Verde Aug 18
'An awakening' to New Hampshire as luxury second-home destination
The pandemic first started opening luxury buyers' eyes to New Hampshire's second-home market opportunities, and now more and more ultra-luxury buyers are catching on
by Lillian Dickerson Aug 18
In crucial Q2, real estate separated wheat from the chaff: Intel analysis
The biggest publicly traded brokerages and tech companies significantly slashed losses in the second quarter, restoring investor confidence, according to an Intel analysis of Q2 earnings data
by Daniel Houston Aug 16
A stock analyst reveals the 2 big winners from Q2 earnings season
Among the publicly traded real estate enterprises to release second-quarter earnings reports this month, 2 companies stood out for John Campbell, a managing director at analytics firm Stephens
by Daniel Houston Aug 16
Real estate heroes come to rescue after suffering losses in Maui fires
Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces
by Jim Dalrymple II Aug 15
Tom Ford nabs Jackie O's former Hamptons summer home at $52M
The deal is just the latest of Ford's big-ticket transactions, following a couple multimillion-dollar home purchases in Palm Beach over the last several months
by Lillian Dickerson Aug 15
Compass plucks 2 multimillion-dollar teams from Coldwell Banker
Compass has recruited the 2nd-largest Coldwell Banker teams in Denver and Seattle. They are the 51st and 52nd agents or teams to move from Coldwell Banker to Compass this year
by Marian McPherson Aug 14
Rebecca Mason joins Compass as NYC sales manager
Prior to CityRealty, Mason spent several years at Stribling & Associates which was acquired by Compass in 2019. Now she'll be reunited with many of her former colleagues, Inman has learned
by Lillian Dickerson Aug 10
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
Real estate is having its Blockbuster vs. Netflix moment
At Inman Connect Las Vegas, real estate strategist Mike DelPrete explained the 'unfair advantage' of the low-fee business models and how agents are the ultimate solution
by Marian McPherson Aug 8
Luxury agents dish on how to build and lead strong teams
'You've got to be comfortable with being uncomfortable,' said top-producing agent Dawn McKenna at Inman Luxury Connect
by Taylor Anderson 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
Compass hires former Better Homes and Gardens agent
Joseph Magsaysay will join Compass' leadership as the brokerage looks to enhance its luxury presence in Silicon Valley. Magsaysay says he's developed a 'people first' leadership strategy
by Ben Verde Aug 3
Henry Horn Group decamps for Compass in bid to build luxury biz
Rebranded as HHG | Compass, the 12-agent team hails from Corona Del Mar, California-based luxury brokerage Residential Agent, Inc. with operations spanning San Francisco to Los Angeles
Trophy properties are all the rage right now, Jonathan Spears says
Ahead of his appearance at Inman Luxury Connect, the Spears Group founder told Inman demand for trophy properties or highly unique listings is at an all-time high throughout North Florida
by Lillian Dickerson Jul 31
Will the second quarter of 2023 match real estate's Q1 meltdown?
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
by Jim Dalrymple II Jul 26
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
'Get creative': As inventory drops, agents dust off trusted techniques
With sales down and inventory low, agents are combing social media, calling expireds and seeking out people with major life milestones. In other words, they're meeting the moment with creativity
by Ben Verde Jul 24
Amid the steel and glass, a warmer, fuzzier Billionaires' Row emerges
As Billionaires' Row continues to reshape Manhattan's skyline one 'supertall' at a time, agents say a new class of buyer is gradually reshaping the demographics of New York's most exclusive block
by Lillian Dickerson Jul 21
New Yorkers are white-knuckling a turbulent summer buyer's market
Like the energy of its premier city, homebuyers and sellers in New York State are grappling with a rollercoaster summer, with extreme buyers' and sellers' markets taking consumers on a wild ride
by Marian McPherson Jul 21
Compass nabs 'star' New York City agent and team from SERHANT.
Maggie Wu is the latest of many agents to 'boomerang' back to Compass after briefly leaving for another company. She leads the 4-person W Team which closed $102M in sales last year
by Jim Dalrymple II Jul 20
Coldwell Banker recruits California power team away from Compass
The Swann Group's agents are the latest of hundreds who have moved from Compass to Coldwell Banker over the past year, the latter brokerage told Inman this week
by Jim Dalrymple II Jul 20
The Agency Dallas adds on several top producers in the region
The office launched in January 2023 and in the last 3 months has brought on 4 big regional names as well as 5 other high-performing luxury agents, according to the luxury brokerage
by Lillian Dickerson Jul 19
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
NYC top producer Deanna Lloyd joins BHS from Compass
Lloyd spent about 4 years at Compass before her move, Inman has exclusively learned. She helped facilitate nearly $200M in sales across New York City over her roughly 10-year career
by Lillian Dickerson Jul 18
Compass snags $40M Dallas real estate team from Coldwell Banker
Dallas-based team leaders Jason Castro and Liz Mello have moved their team, The Castro Group, to Compass. They are the 48th agent or team to move from Coldwell Banker to Compass this year
by Marian McPherson Jul 6
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
Compass' luxury division launches new global referral program
Compass Luxury Division has teamed with Paris-based luxury firm BARNES International to develop a new referral program, according to the company
by Marian McPherson Jun 28
DelPrete: Legacy brokerages can no longer dismiss lower-fee models
For too long, Mike DelPrete argues, legacy brokerages shrugged off their low-fee competitors. Some of those barbs haven't aged well
by Daniel Houston Jun 28
Compass nabs top-performing Coldwell Banker agent
Tacoma's Margo Hass Klein joined Compass this week, according to the company. She's the latest in a string of Coldwell Banker agents who decamped for Compass this year
by Jim Dalrymple II Jun 23
See inside Walt Disney's former home that rents for $40K a month
The home Disney built in the early 1930s and lived in for nearly 2 decades, while releasing some of his company's most iconic films, is available for rent in Los Angeles' Los Feliz neighborhood
by Taylor Anderson Jun 20
Lesson Learned: Dive in, be real, and connect
Native New Yorker and Providence, Rhode Island, agent Kira Greene offers advice and insight plus the lessons she's learned along her journey
by Christy Murdock Jun 19
Top LA agent Cindy Ambuehl joins Christie's International Real Estate
Ambuehl, who once had a career as an actress, will lead the Brentwood office of Aaron Kirman's AKG | Christie's International Real Estate. Last year, she sold more than $250M in real estate
by Lillian Dickerson Jun 14
Cort Petrocelli Coopersmith Team saddles up with Compass
The luxury team spent 24 years with Coldwell Banker before realigning with Compass, Inman has exclusively learned. Last year, the team traded $80M in real estate transactions
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
After a year of hunting, JLo and Ben Affleck close on $61M mansion
They may have fame and money, but celebrities have to go through the painful process of house hunting just like the rest of us, Bennifer's homebuying journey shows
Here's the story: Iconic 'Brady Bunch' home hits market for $5.5M
The home in Studio City was renovated by HGTV in 2019 and has since been used in a number of the network's specials and series. Now one lucky buyer will be able to keep a piece of TV history
by Lillian Dickerson May 26
Olympic training, ballet, real estate — now, 'Kendra Sells Hollywood'
Meet McKenzie Ryan. From her Olympic training days to Season 2 of 'Kendra Sells Hollywood,' here’s the Real Tea in her own words
by Dani Vanderboegh May 26
Who's winning (and losing) the agent count race? Mike DelPrete
Find out how agent migration patterns can offer significant insight into the future of real estate brokerage growth
by Mike DelPrete May 22