Compass CEO: Clear cooperation is ‘anti-homeowner’

Robert Reffkin on Wednesday said clear cooperation attaches “negative insights” to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed. Continue reading

JLo, Affleck, making real estate deals as divorce rumors swirl

Rumors surrounding the couple’s split have grown in recent months. Affleck and Lopez, meanwhile, have been transacting their own separate home deals as they jointly try to offload their shared Beverly Hills home. Continue reading

Mortgage rates continue descent as Fed hints at September rate cut

Fed policymakers are acknowledging that while they’re determined not to cut rates until inflation is tamed, they’re also worried about waiting too long — and throwing the economy into a tailspin. Continue reading

Revenue rose and agent loss slowed for eXp Realty in Q2

EXp World Holdings revenue grew 5 percent year over year to $1.295 million during the second quarter of the year. The brokerage’s agent count continued to drop but at a slower rate than previous quarters. Continue reading

Relatability requires connection, communication and inspiration

Communication and relatability expert Rachel DeAlto took the ICLV stage on Wednesday and declared that she believes in the power of relatability more than anything Continue reading

Compass posts gains in revenue and agent count in Q2 earnings

Compass brought in $1.7 billion in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday. Continue reading

Consumer watchdog holds up new eXp seller contract as model

A new draft seller contract that eXp Realty is distributing to its brokers and agents is largely consistent with a newly issued set of criteria from the Consumer Federation of America, the watchdog group said this week. Continue reading

The CEOs growing their businesses by using in-house systems

CEOs from RealtyONE, HomeSmart and LPT Realty have somehow managed to grow their businesses during this time of transition, largely by listening to their constituents and creating customized solutions, they told ICLV attendees. Continue reading

VC partner: AI will be ‘as fundamental as the steam engine’

Delian Asparouhov, a partner at Founders Fund, talked on Wednesday about his plans to manufacture drugs in space and urged real estate agents to lean into tech. Continue reading