Compass CFO to resign while chief product officer gets promotion

Chief Financial Officer Kristen Ankerbrandt will leave the company in September, while Greg Hart will become Compass’ new chief operating officer. Continue reading

Zillow in 2022: How one of the biggest names in real estate recovers from its biggest stumble

Zillow started 2021 ascendant but finished by bowing out of iBuying. The coming year will test the portal’s ability to pivot. Continue reading

Real estate agents band together for recovery in tornado-stricken states

Tornadoes ripped through six states between Friday and Saturday morning, wreaking havoc and destruction. Realtors told Inman that they were helping each other amidst the devastation. Continue reading

Engel & Völkers opens up shop in Raleigh, North Carolina

The brokerage’s license partner of Engel & Völkers Charlotte, Yuriy Vaynshteyn, will help lead the new office, alongside Nikita Zhitov and Vincenzo Verdino, founders of CityPlat Commercial Real Estate, a Raleigh-area firm. Continue reading

What to expect as Compass, Opendoor, Offerpad and Keller Williams release earnings today

How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO? Continue reading

Robert Reffkin wants Compass to be the Amazon of real estate

The Compass CEO shared insight into his company’s approach to technology and why brokers need to make decisions with the next decade in mind. Continue reading

MoMa penthouse with $36M asking price sells to anonymous buyer

The penthouse unit of 53 West 53, also known as the glass skyscraper above New York’s Museum of Modern Art, has a new owner. Continue reading

Redfin CEO, Zillow pour cold water on TikToker’s iBuyer theory

A recent viral video suggested iBuyers could jack up the prices of homes. But one expert called the theory “fairly conspiratorial,” and iBuyers themselves said they still have a tiny share of the market. Continue reading

Creating value in your business? It’s all about integrity

If you cut corners, fudge numbers, or break the rules, expect to be busted. It will kill the deal or deflate your valuation. Don’t put your biz up for sale if there’s rot in the basement. Continue reading