Coldwell Banker CEO slams rivals for ‘headline grabbing,’ ‘puffery’

Coldwell Banker CEO Charlie Young criticized rivals Tuesday for trying to morph into technology businesses, saying they’re known mostly for “puffery.” Continue reading

EXCLUSIVE: Compass to acquire Alain Pinel Realtors

Compass is acquiring Alain Pinel Realtors (APR), according to multiple sources who spoke today with Inman and wished to remain anonymous. The acquisition will further the Compass stranglehold on the San Francisco Bay Area market. Continue reading

Exclusive: NRT CEO blasts Compass in letter to execs

NRT CEO Ryan Gorman blasted rival brokerage Compass in a letter to NRT leaders obtained by Inman. Gorman’s letter, which accuses Compass of ‘taking advantage’ of agents, includes a number of questions he has regarding Compass’ growth and recruitment an… Continue reading

Realty One Group axes leader of a top producing team

The Sibbach Team reportedly included about 40 people, while the re-formed eXp version has 30 — though some of the members on the new team were existing eXp agents who joined after the move. Continue reading

Take an exclusive look at KW’s forthcoming consumer app

Keller Williams previewed its forthcoming consumer-facing app experience at Keller Williams Family Reunion in New Orleans on Sunday. It will launch in late in Q2 with the intention of making consumers smarter and its agents the Netflix of real estate. Continue reading

“It’s devastating”: Agents react to Amazon abandoning New York

When the news broke Thursday morning that Amazon had flip flopped on its decision to put an HQ2 campus in Long Island City, Vincent Koo was in a meeting with other agents in the Queens, New York, neighborhood. Continue reading

Keller Williams orders purge of thousands of ‘ghost agents’

Keller Williams has been growth-obsessed over the past decade, but according to multiple sources, the 190,000 plus agent ranks are filled with former agents and sometimes even deceased agents in one instance. Multiple sources told Inman that it’s been … Continue reading

Bain Capital execs: iBuyers are foes of brokers and homebuyers

Merritt Hummer, a principal at Bain who spoke with Harris and during a second Inman Connect session Friday, also painted iBuyers as antagonists to consumers themselves. Continue reading

RE/MAX CEO on what a gunshot taught him about real estate

At the Inman Connect New York 2019 real estate conference on Wednesday morning, Adam Contos recounted how during a particular SWAT call, he and a partner were throwing concussion grenades into a window when a bullet struck a tree in between them. Continue reading