An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000. Continue reading
Charlie Young, who left Coldwell Banker last year, is joining the board of a flat-fee brokerage that pays its agents a base salary rather than a conventional commission. Continue reading
Padx, a cloud-based real estate brokerage with an IDX-fed property search portal for home shoppers, is offering real estate agents an alternative to the traditional commission-based model that might be the perfect gig for agents — or maybe not. Continue reading