The Compass critic that flipped: Inside Alain Pinel’s major reversal

APR president Mike Hulme vowed to agents in a company-wide memo in August of 2018 never to “impede your business by forcing you to change brokerages,” a clear swipe at Compass. Continue reading

Read APR President’s letter to agents after Compass acquisition

In a letter obtained by Inman, Mike Hulme, APR’s president, wrote about the Compass acquisition and what it means for Alain Pinel’s 1,400 agents. Continue reading

Mortgage software company Ellie Mae to be acquired for $3.7B

Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech. Continue reading

Peerage buys stake in Madison & Company Properties

Toronto-based Peerage Realty Partners announced Wednesday it had acquired a direct ownership stake in Madison & Company Properties. Continue reading

Why this $120M indie sold to Cascade Sotheby’s International Realty

Led by husband and wife Realtors, Evelyn and Steve Rosling, the 14-year-old Park Place Real Estate covers the Portland metropolitan area and southwestern Washington state and recorded $120 million in sales volume for 2018 with 25 agents.  Continue reading

Move nabs another brokerage license with Opcity acquisition

Opcity has a brokerage license in its home state of Texas, but the company does not represent homebuyers or sellers and that will not change after the acquisition, according to Move and Opcity. Continue reading