Are New York’s famously uptight co-op boards starting to chill out?

These “dinosaurs” of New York City’s luxury residential market are on the cusp of modernizing, agents told Inman. Savvy buyers who get in now can still invest while prices are undervalued. Continue reading

Robert Reffkin: What we have now is a ‘connection issue’

The CEO stressed to agents during a keynote address at Compass RETREAT on Tuesday that getting back to basics and forging sincere connections with clients would be the key to surviving and thriving in the current market. Continue reading

Fueled by new wealth, ‘ultra-luxury’ real estate tallies big year in 2022

Sales of homes valued at $10 million or more in newly emerged or reemerging markets helped propel transactions in that sector beyond pre-pandemic levels in 2022 while falling short of 2021 levels. Continue reading

These are the mistakes that thwart brokers’ success

Panelists at Inman Connect New York on Tuesday said that brokers err by not having written plans, not being flexible and other shortcomings. Continue reading

Real estate isn’t a piece of cake. So why are we selling that lie?

Why are so many real estate professionals obsessed with messaging that pretends great real estate service is “quick and easy”? According to Compass’s Leonard Steinberg, it’s time to change the narrative. Continue reading

Open houses took hit from coronavirus over the weekend

Some open houses already saw cancelations and declining attendance last week. That’s likely to be a growing trend in the coming weeks. Continue reading

Compass executive calls for 2-week moratorium on home showings

Leonard Steinberg, the chief evangelist at Compass, says the quicker the virus is contained, the better it will be for the housing market. Continue reading

Announcing the first round of speakers for Inman Connect New York

These dynamic leaders won’t hold back when they take the stage at Inman Connect New York. Continue reading

New Yorkers are rushing to buy before July 1 ‘mansion tax’ kicks in

New York’s “mansion tax,” which charges buyers extra for properties over $1 million, goes into effect July 1, and wealthy buyers are rushing to ink deals before the deadline. Continue reading

‘Compass Anywhere’ will allow agents to work from any office

The new “Compass Anywhere” program will now allow agents to work from any office, providing technology and support services no matter where they land. Continue reading