Is Compass a tech company or a traditional brokerage?

The company often refers to itself as a tech company and a tech-enabled brokerage, which is part of the lure of the Compass vision — and the underpinning of its massive $4.4 billion valuation. But is Compass a tech company or a traditional brokerage? F… Continue reading

Multigenerational households are on the rise, according to new data

Today, up to 41 percent of Americans who are buying a home are also considering accommodating a family member from another generation. Continue reading

263,000 US jobs added in April — including 80K in real estate

The economy surpassed all expectations in April with employment across the country bolstered by 263,000 new jobs, including tens of thousands in the real estate industry, according to the U.S. Bureau of Labor Statistics. Continue reading

How has Compass grown so fast? A look at the numbers

What’s the secret to its meteoric rise, and what is it that investors see that justifies its massive valuation? This deep dive into Compass looks to provide evidence-based answers to those questions — and more. Continue reading

Pending home sales rise for first time in 15 months: NAR

The National Association of Realtors’ Pending Homes Sales Index rose 3.8 percent from February to March, breaking a 15-month streak of straight drops. Continue reading

Is Purplebricks really in turmoil? A closer look

The stock price is significantly down from the highs of last year, the U.S. and U.K. CEOs are out, and revenue guidance has been repeatedly downgraded. Find out what other challenges Purplebricks faces in the U.S. here. Continue reading

The sacred pact of cooperation between brokers is unraveling

In the end, broker cooperation becomes less and less important. The listing business, as we know it, will be much smaller. Buyers will compete with institutions and agents will deliver on demand service or risk being left out. Continue reading