Compass grows revenue and agent count, market share tops 5%

The company now has 17,752 principal agents. Founder and CEO Robert Reffkin said in a new earnings report that he believes his company will pull ahead in 2025. Continue reading

Leo Pareja tapped as eXp Realty’s new CEO, relieving Glenn Sanford

Pareja, who joined eXp Realty in 2022, previously served as its chief strategy officer. Founder Glenn Sanford will remain with the firm as CEO of parent company eXp World Holdings. Continue reading

Top Bay Area team boomerangs back to Compass from Side

Mollie Poe and Declan Hickey were founding members of Compass San Francisco before leaving in 2020. Now, they’re bringing four additional team members back to Compass with them. Continue reading

Compass recruits influencer (and Corcoran agent) Randy Baruh

Baruh works in New York City and brings with him three other agents and one administrator. His move comes as brokerages compete intensely for top talent. Continue reading

EXp recruits high-performing indie brokerage in New England

The Bean Group is the first team to join eXp Realty via the brokerage’s new Boost program, which provides financial incentives to independent recruits, according to an announcement Tuesday. Continue reading

DelPrete: Legacy brokerages make strides, but upstarts have the edge

Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes. Continue reading

Who’s winning (and losing) the agent count race? Mike DelPrete

The real estate industry is changing, driven in part by changes in brokerage affiliation, writes Mike DelPrete. Find out how agent migration patterns can offer significant insight into the future of real estate brokerage growth. Continue reading

Compass revenue falls in Q4 — but losses narrow despite ‘difficult year’

In a Q4 earnings report Tuesday, Compass announced that between October and December of last year, it brought in $1.11 billion in revenue, down from $1.6 billion during the same period in 2021. Continue reading

What happens when the battle for agent count runs out of steam?

Newer upstarts and legacy companies have spent recent years competing intensely for top agents. But recent data suggests the years of fast growth may be ending Continue reading