Compass faces first downturn amid pressure to cut costs

The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn. Continue reading

Jason Oppenheim: ‘There’s no fixing Compass. It’s unfixable’

In a discussion after Q3 earnings in which Compass reported falling revenue, Inman asked the “Selling Sunset” star to expand on remarks he made about the brokerage at ICLV back in August. He obliged. Continue reading

Another former Compass agent alleges fraud over compensation

California-based agent Mindy Ni alleges Compass failed to pay her commissions and misled her as to the terms of her independent contractor agreement in order to recruit her. Continue reading

From crypto to Zillow: 5 key issues to watch at eXp’s conference

EXp has managed to place itself at the forefront of numerous real estate trends. Its first companywide event since the pandemic may offer hints at where it’s going in the future. Continue reading

Realogy CEO buys $1M of company stock following losses

One week after Realogy stock sank to a new low, CEO Ryan Schneider has purchased $1 million worth of the company’s shares in an apparent show of support for the brand. Continue reading

Realogy stock craters to all-time low after missing guidance

After reporting less than expected revenue and missing their earnings per share guidance, shares for Realogy cratered today, reaching an all-time low, according to real-time financial data Continue reading

Purplebricks in turmoil: shares plummet, CEOs out

The stock price drop Thursday came as Purplebricks announced that both Lee Wainwright and Eric Eckardt, the U.K. and U.S. CEOs, respectively, were leaving the company. In a statement, Purplebricks said that Wainwright was leaving for “personal reasons…. Continue reading

How eXp Realty’s new stock equity program for agents works

EXp World Holdings, the parent company of virtual real estate brokerage eXp Realty, is making major changes to its agent stock program. Continue reading

DocuSign passes Zillow’s market cap, and NAR is reaping the rewards

DocuSign, the cloud-based electronic signature platform, is skyrocketing in value and even overtook real estate tech giant Zillow Group in valuation, according to public stock data from Yahoo. The National Association of Realtors (NAR) is reaping the r… Continue reading