Anywhere's Sherry Chris: How to create lasting success in hard times
Ahead of her latest Inman Connect New York appearance, streaming on Jan. 25, Anywhere Expansion Brands CEO Chris shares what the latest string of layoffs means for the industry
by Marian McPherson Jan 23
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
Keller Williams to pay $40M to settle cold call class action lawsuit
As part of the deal, the real estate franchisor also agreed to create a task force to 'enhance compliance' with the Telephone Consumer Protection Act
by Andrea V. Brambila Jan 13
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
Corcoran Reverie lures Florida's Cindy Cole from Keller Williams
Cole will help Corcoran Reverie grow its luxury real estate footprint in Destin, Florida, and ranks among the top one-half of 1% of real estate agents by sales volume, report says
by Daniel Houston Dec 29
Two wolves fighting
The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America
by Andrea V. Brambila Dec 16
Was M. Ryan Gorman a victim of Wall Street? 4 experts say 'yes'
Two days after M. Ryan Gorman's surprise exit from Coldwell Banker, 4 industry experts considered the weight of Wall Street on leadership decisions amid a market downturn
by Marian McPherson Dec 8
Abuzz, then a bust: What happened with all that big 'platform' chatter?
Opinion
Real estate platforms were a hot topic a few years ago, but for even some of the biggest companies, sprawling enterprise has been the quickest way to failure, Inman founder Brad Inman writes
by Brad Inman Nov 7
Real estate companies are about to tell us just how bad the downturn is
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
by Jim Dalrymple II Nov 2
'Deteriorating market' takes toll on Anywhere for 2nd-straight quarter
Revenue and closed transaction volume both declined 17% year over year despite agent count growth of 7% over the same period, according to a Q3 earnings report issued Thursday morning
by Marian McPherson Oct 27
Anywhere names ex-Microsoft exec as first-ever chief product officer
Tony Kueh, a former Microsoft manager and 23-year tech veteran, will work alongside COO Melissa McSherry as he oversees the execution of Anywhere's overall product strategy
by Marian McPherson Oct 21
Anywhere's Sherry Chris reveals how 'strategy wins' in a downturn
At Connect, Anywhere Expansion Brands CEO Sherry Chris, a 35-year real estate vet, shared how strategic growth, better value propositions and positive thinking gives brokers the upper hand
by Marian McPherson Oct 19
Anywhere and Compass settle agent recruiting suit, capping 3-year feud
The companies submitted a joint filing to the New York Supreme Court on Oct. 4 asserting they had agreed to end the litigation permanently and that each side would pay their own costs
by Andrea V. Brambila Oct 11
Court orders Anywhere to hand over NAR commission rule documents
Judge M. Page Kelley noted the real estate holding company formerly known as Realogy allegedly perpetuated NAR and MLS PIN's 'substantively identical' buyer broker commission rules
'Don't wait until the plane crashes': Lawyers offer grim antitrust update
Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services' annual conference
by Andrea V. Brambila Sep 30
Amid Hurricane Ian disaster, real estate pros begin picking up pieces
The storm slammed into southwestern Florida with winds as high as 150 miles per hour. President Biden said it may prove to be the deadliest hurricane in the state's history
by Jim Dalrymple II Sep 29
Judge 'baffled' why Anywhere won't give up NAR commission rule docs
Judge M. Page Kelley pushed back against the real estate holding company formerly known as Realogy, noting that NAR's broker commission rule is 'virtually identical' to that of MLS PIN
by Andrea V. Brambila Sep 26
Swanepoel says this company is still ‘the 800-pound gorilla’ in real estate
Several newer brokerages have made big strides. But real estate executive Stefan Swanepoel says one established juggernaut still looms large: The holding company formerly known as Realogy
by Daniel Houston Sep 15
Anywhere fights sellers' bid to give up docs on NAR commission rule
Federal court will hold oral arguments later this month on whether franchisor's implementation of the policy nationwide is relevant to homesellers' case in the MLS PIN service area
by Andrea V. Brambila Sep 14
These are the 15 best real estate companies to work for in 2022
Last week, 'Fortune' and Great Place to Work released a list of the 35 Best Workplaces in Real Estate in 2022. Zillow, Opendoor and Pacaso were all near the top of the list
by Lillian Dickerson Sep 12
Anywhere makes HQ employee cuts in effort to slash operating costs
Anywhere Real Estate has laid off an unknown number of employees as the company streamlines amid choppy market conditions. Anywhere declined to share which departments were impacted
by Marian McPherson Aug 25
In earnings twist, most real estate companies avoided the worst in Q2
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin
by Jim Dalrymple II Aug 8
Anywhere COO: Time, friction and costs can be slashed across industry
At her first Inman Connect appearance, Anywhere COO Melissa McSherry talked about the power of technology and automation in delivering a better transaction for consumers and agents
by Marian McPherson Aug 3
A pivotal earning season is beginning. Here's what to know
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
by Jim Dalrymple II Aug 1
Market headwinds push Anywhere Q2 revenue down 6% to $2.1B
Inflation, rising mortgage rates and sinking home sales all contributed to Anywhere's diminished performance in 2Q22 as the company braces for choppier waters ahead
by Marian McPherson Jul 28
Anywhere unveils redesigned headquarters following rebrand
The redesigned space in Madison, New Jersey, dubbed The Madison Hub, emphasizes a collaborative environment with workspaces designed for more interaction with other employees
by Ben Verde Jul 26
Northwest MLS eliminates broker commission sharing as default
Effective Oct. 3, NWMLS's forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid
by Andrea V. Brambila Jul 22
More than 700 agent steering calls suggest price-fixing, lawyers charge
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
4 commission charts that explain both sides of the Moehrl conflict
The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine
It's baaack! Homebuyer commission suit against NAR rises from ashes
On Wednesday, 8 homebuyers filed an amended complaint, once thought to be dead, against NAR, Realogy, Keller Williams and others alleging NAR rules have inflated agent commissions
Anywhere COO Melissa McSherry: We're sure of our place in real estate
Anywhere Chief Operating Officer Melissa McSherry dished on the Realogy rebrand and her plans to revolutionize real estate through technology ahead of Inman Connect Las Vegas
by Marian McPherson Jul 6
'Longstanding conspiracy': Why the bombshell commission suit matters
Millions of homesellers across the country may be able to seek billions in damages for commissions they paid to buyer agents between 2015 and 2020. Here's why it matters
'Radical' and 'doomed': The case against the 'bombshell' Moehrl suit
The real estate establishment's latest salvo against the so-called 'bombshell' buyers' agent case is a sprawling, 3,000-page argument against granting class-action status in the Moehrl federal suit
A man examining a contract closely
California-based agent Mindy Ni alleges Compass failed to pay her commissions and misled her as to the terms of her independent contractor agreement in order to recruit her
by Andrea V. Brambila Jun 10
Anywhere rings in rebrand at NYSE opening bell with new stock ticker
Anywhere Real Estate celebrated the official launch of its rebrand from Realogy on Thursday at the New York Stock Exchange opening bell. The company is now trading under the 'HOUS' ticker
by Ben Verde Jun 9
Mystery phone caller
Homeowner plaintiffs allege Realogy uses its corporate structure to profit from and escape liability for letting its agents violate the law through 'incessant unwanted telemarketing calls'
Appeals court rejects NAR class certification challenge in lawsuit
The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023
KW demands REX turn over audio recordings in commission suit
The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case
Concierge Auctions to rebrand with Sotheby's name attached
Sotheby's Concierge Auctions said the rebrand, which will be complete in August, signifies a deeper relationship with its parent companies Sotheby's and Realogy and its commitment to continue to serve all brands
by Marian McPherson Jun 1
Did Realogy land the Anywhere rollout? Experts split on strategy
Six branding experts share their thoughts on Realogy's rebrand strategy, including its May soft launch and unique domain name, while sharing what the next steps should be
by Marian McPherson May 31
Market shifts, rate hikes and why real estate stocks can't get a break
As real estate enters what one observer called a 'Wile E. Coyote' moment, real estate companies’ share prices continue to struggle amid market uncertainty
by Jim Dalrymple II May 30
Zillow, Opendoor and Compass debut on the Fortune 500
The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries
by Jim Dalrymple II May 23
Where is Anywhere headed? Toe-to-toe with Zillow
A week after announcing Realogy's rebrand as Anywhere, CEO Ryan Schneider shared his plan for beating Zillow at direct-to-consumer business on Thursday at Inman Connect Now
by Marian McPherson May 19
NAR, franchisors face long odds in effort to appeal class action status
NAR and co-defendants Realogy, Keller Williams, RE/MAX and HomeServices of America are asking a higher court to let them appeal a decision to make a commission suit a class action
by Andrea V. Brambila May 18
'I'm with Anywhere': Agents await direction on where Realogy is going
Realogy rebranded as Anywhere on Thursday, surprising agents, industry leaders and branding experts, who were mostly upbeat about what the new name means for the company's trajectory
by Marian McPherson May 13
Realogy changes name to Anywhere
Announced Thursday, the brand and logo refresh aims to 'reimagine the consumer experience at any point in the real estate transaction journey,' according to executives at an Investor Day event
by Brad Inman May 12
RealScout scores first place at Realogy innovation summit
RealScout has won the summit's $25,000 award. The platform will be added to Realogy's Open Ecosystem, which enables the brand's affiliated agents to use RealScout, among other vendors
by Marian McPherson May 11
Kindness, trust and collaboration: Sherry Chris on ERA as it turns 50
Realogy Expansion Brands CEO Sherry Chris reflects on ERA Real Estate's 50th anniversary and shares the 3 keys to creating a brand that thrives
by Marian McPherson Apr 29
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
Realogy builds on last year's revenue growth with Q1 earnings
The real estate holding company reported $1.6B in revenue, an $88M — or 6% — uptick over the first quarter of 2021 during a quarterly call Thursday that effectively kicked off earnings season for real estate stocks
by Ben Verde 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
Federal commission suit now a class action; NAR, Realogy vow to appeal
Days after oral arguments, a judge Friday granted class certification in 1 of 2 federal commission suits that could rock the real estate industry and impact how agents are compensated nationwide
by Andrea V. Brambila Apr 25
Inman Connect returns: Big parties, tech's reckoning and a Zillow pile-on
The informative and, at times, raucous event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving
by Jim Dalrymple II Apr 25
Realogy CEO Ryan Schneider: Make no mistake, 'Zillow is a competitor'
Ryan Schneider said Zillow is competing with agents and lamented they're still writing checks to the company. 'It is a shame our industry let those companies get created,' Schneider said at ICNY
by Jim Dalrymple II Apr 20
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
Gary Keller singled out as 'head of conspiracy' as federal commission lawsuit accelerates
As oral arguments began Monday in the Sitzer federal commission case, plaintiffs questioned the role of buyer agents, what a world without NAR's commission policy would look like, and why they believe Keller is leading an antitrust conspiracy
by Andrea V. Brambila Apr 19
5 tactics to convert referral leads like a Realogy 'Masters Cup' winner
The brokers from this year's winning Realogy teams, Dr. Susan Jenkins of Better Homes and Gardens Real Estate Native American Group and Nick Pasquini of Century 21 Redwood Realty, spoke with Inman about some of their secrets to success with converting referral leads
by Lillian Dickerson Apr 12
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
Realogy finalizes $210M Title Resources Guaranty deal
Realogy finalized the sale of Title Resources Guaranty to Centerbridge partners on Tuesday. The company will maintain a 30 percent stake in the company
by Marian McPherson Mar 29
Tech alone won’t transform real estate: Realogy CEO Ryan Schneider
Ahead of his appearance at Inman Connect New York in April, Realogy CEO Ryan Schneider shares how digitization is at the center of brokerages' and agents' survival in the years to come
by Marian McPherson Mar 29
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
Inman Connect New York
Are you ready to grow your real estate business? Connect with the smartest real estate pros and learn their secrets at ICNY
by Jodie Cordell Mar 22
Get creative or go condo: 4 ways to score a win for luxury homebuyers 
Sotheby's International Realty outlined what's ahead for luxury consumers in its latest annual outlook, and how a shift in perspective can help buyers get ahead
by Marian McPherson Feb 18
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
Realogy draws $8B in 2021 revenue, $2B in Q4, as market share grows
Strong transaction, sales volume and market share growth boosted Realogy's revenue as CEO Ryan Schneider says platforms like Zillow are company's true competitors
by Marian McPherson Feb 17
Realogy hires Visa executive Melissa McSherry as its new COO
Realogy has added former Visa executive Melissa McSherry to its ranks. In her new role as COO, McSherry will help craft Realogy's product and technology strategy
by Marian McPherson Feb 17
Coldwell Banker franchises in NYC, the Hamptons merge
The combined company will have about 175 agents across 8 offices in both the city and in the Hamptons
by Jim Dalrymple II Feb 4
Everything you need to know about Realtor.com's relationship with the National Association of Realtors
Realtor.com is the official listing site of the 1.5 million-member National Association of Realtors. In November 2014, News Corp. acquired its parent company, Move, with NAR's blessing