Tag Archives: robert reffkin

Compass launches new division for older real estate consumers

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The launch comes as the Baby Boomers race into their elder years, creating what some observers have referred to as a “silver tsunami.” Continue reading →

Landmark real estate commission rules officially go into effect today

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The new rules are the result of the National Association of Realtors’ major antitrust settlement. They’re poised to change how agents are paid and how real estate consumers search for homes. Continue reading →

Compass CEO: Clear cooperation is ‘anti-homeowner’

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Robert Reffkin on Wednesday said clear cooperation attaches “negative insights” to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed. Continue reading →

Compass posts gains in revenue and agent count in Q2 earnings

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Compass brought in $1.7 billion in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday. Continue reading →

Frontgate team returns to Compass after stint at Side

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Led by Jeffery Biebuyck and Dana Olmes, the team has closed $2 billion in lifetime sales and is ranked No. 4 in Los Angeles and No. 20 in California among medium teams, according to Real Trends. Continue reading →

Compass CEO Robert Reffkin says the luxury market is back

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The luxury market is back. That was Compass co-founder and CEO Robert Reffkin’s primary message during his latest appearance on CNBC’s “Squawk on the Street,” where he talked about home price trends, mortgage rates, and stock market ebbs and flows. Continue reading →

1,500-agent Tennessee real estate brokerage joins Compass

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Forty-nine-year-old Nashville firm Parks Real Estate has merged with Compass. The firm has 15 offices across the state and closed $6.25 billion in sales in 2023. Continue reading →

Compass posts revenue spike and increases agent count in strong Q1

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The real estate brokerage also managed to trim losses and achieved positive free cash flow for the first time ever in a first quarter, according to an earnings call Wednesday. Continue reading →

Leading Laguna Beach team returns to Compass from Coldwell

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The Marcus Skenderian Real Estate Group is boomeranging back to Compass after three years away to launch its own brick-and-mortar office in Laguna Beach. Continue reading →

Compass acquires 3,100-agent Gulf Coast giant Latter & Blum

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Latter & Blum has been an indie for more than 100 years and today boasts more than 3,100 agents. The deal pushes Compass into Louisiana and Mississippi for the first time. Continue reading →