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

The Agency marks major milestone with expansion into Portland, OR

Beverly Hills-based global luxury brokerage The Agency is launching its 100th office — in Portland, Oregon — a mere 12 years after its inception. Dirk Hmura and Andrew Misk will lead the enterprise. Continue reading

What to expect at Compass’ annual RETREAT in San Diego this week

Throughout the week, RETREAT attendees will learn how to develop new business tactics, wield technology more efficiently and stay afloat as guidance around commissions changes in 2024. Continue reading

‘Dancing with the Stars’ taught Mauricio Umansky to empathize

Of his recent six-week run on the reality dance competition, Umansky said he learned a lesson in empathy when it comes to teaching others a challenging new skill. Continue reading

The Agency scoops up 4 NorCal Compass agents

Over the past few months, 34 agents have joined The Agency from Compass’ Northern California offices. In total, The Agency has brought on 72 agents in the region over the course of 2023. Continue reading

Judge rules Katy Perry can keep disabled vet’s Montecito mansion

Following a multiyear legal battle, Judge Joseph Lipner ruled that Carl Westcott presented “no credible evidence” that he lacked the mental capacity to sign the deal with Perry and Bloom in 2020. Continue reading

NYC pad of recently split Joe Jonas and Sophie Turner lists for $6M

Jonas and Turner, who have been embroiled in divorce proceedings for about two months, are attempting to offload their Nolita condo for the second time. Continue reading

Compass recommits to North Dallas with new office space

The brokerage has signed a lease for a 14,000-square-foot office space in the recently redeveloped HALL Park in Frisco, Texas, in a commitment to future growth in the region. Continue reading

Lack of access to credit keeps Black neighborhoods in rental loop

Access to safe, traditional credit building is especially limited in Black neighborhoods, a report from Zillow shows, highlighting lingering effects from redlining that keep those households renting instead of owning a home. Continue reading

RE/MAX sees revenue decline for 5th consecutive quarter

Amidst challenging market conditions, the real estate franchisor’s total revenue was down 8.7 percent year over year to $81.2 million, coming just shy of analysts’ expectations. The company also suffered a net loss of $59.5 million. Continue reading