Compass cuts IPO price range to $18-$19 per share from $23-$26

In advance of tomorrow’s long-awaited IPO, the brokerage also slashed the number of shares it expects to sell to 25 million from its initial goal of up to 36 million. Continue reading

Pending-home sales fall 10.6%

Pending-home sales also declined on an annual basis for the first time in eight consecutive months, according to the National Association of Realtors. Continue reading

The crux of the IC status issue in real estate

With the possibility of the PRO Act passing, independent contractors face an uphill battle. Here’s how the two primary tests for classifying ICs work, NAR’s response to recent press coverage about the issue and steps real estate professionals can take … Continue reading

Real (Estate) Talk: How one city is leading the charge to repair the past

In the first of its kind, Evanston, Illinois, has created a reparations program that seeks to begin the process of redressing harm from the housing industry. Let’s talk about reparations and Evanston’s groundbreaking initiative. Continue reading

From Urban Compass to IPO: The history of Compass in 21 stories

As the real estate world waits to see how the brokerage’s initial public offering will unfold this week, take a look back at Compass’ decade-long road to success as covered by Inman. Continue reading

Pulse: What does back to basics mean in 2021?

This week, we’re exploring what going back to the basics really means for real estate professionals in 2021. What fundamentals should agents be focusing on, tweaking or relearning this year? Continue reading

How to build trust with prospective clients

To be successful in this whacky business, you have to build relationships. What’s the one thing that all relationships have in common? Trust. Here’s how to build trust regardless of how well you know the person. Continue reading

A house in Washington, DC, nabbed 88 offers — 76 of them all-cash

At least 15 of the offers on the suburban fixer upper were made sight unseen. The situation highlights the brutally competitive housing market buyers are facing across the U.S. Continue reading

Corcoran adds home improvement program to agent suite of tools

RealVitalize, a home improvement resource for sellers, will now be available to Corcoran agents and their seller clients across New York City, the Hamptons and South Florida. Continue reading