Author Archives: Patrick Kearns

Universal rent control is here: Will it backfire?

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Oregon is officially the first state in the U.S. to pass universal rent control for all tenants. Housing economists who spoke with Inman think the legislation, as written, will have either little or adverse impact on tenants and affordability. Continue reading →

‘I don’t like the new ownership’: Contactually clients react to Compass’ blockbuster acquisition

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Compass’s acquisition of Contactually has some of the CRM-maker’s 37,000 users wondering if they should find a new customer relationship management platform. Continue reading →

EXCLUSIVE: Compass scoops up Contactually, CRM-maker beloved by rivals

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Compass is set to acquire Contactually, a cloud-based real estate software company with one of the industry’s leading customer relationship management (CRM) systems. Contactually’s team of 32 engineers will join Compass’ 270-person tech team to further… Continue reading →

Pending home sales decline annually for 13th straight month

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The National Association of Realtors Pending Homes Sales Index declined 2.3 percent year-over-year in January, the 13th straight month of such declines.   Continue reading →

Sotheby’s achieves record year, despite industry-wide slowdown

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Sotheby’s International Realty achieved a record year for sales volume amid the backdrop of a slowing market in 2018, the company announced. Continue reading →

Realogy stock craters to all-time low after missing guidance

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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 →

Here’s how RE/MAX plans to end consumers’ Zillow addiction

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RE/MAX will begin previewing its forthcoming end-to-end real estate platform for agents and consumers this week at its R4 conference in Las Vegas. Continue reading →

Realogy reports a Q4 net loss as company misses guidance

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Realogy Holdings Corporation reported $1.4 billion in revenue in the fourth quarter of 2018, a year-over-year decrease of $90 million. Continue reading →

NAR launches ‘That’s Who We R’ Realtor ad campaign

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The National Association of Realtors (NAR) is unveiling a new campaign to distinguish Realtors from real estate agents. The “That’s Who We R,” campaign is similar to the blue checkmark that verified accounts get on Instagram and Twitter, but for real e… Continue reading →