“If I was a large MLS, I would be having war room discussions about what our model is going forward in a worst case scenario,” one industry veteran told Inman. Continue reading
Six weeks after the two companies merged into a mega-brokerage, layoffs began taking place at both brands last week and continued this week, multiple past and present employees at both companies told Inman. Continue reading
A letter addressed to U.S. Attorney General Pamela Bondi and signed by 18 members of Congress asks for more information about the DOJ’s review of the merger, which it says was cleared “under extraordinarily questionable circumstances.” Continue reading
Each month, hundreds of real estate agents, brokers, executives and investors contribute to one of real estate’s most ambitious monthly efforts to document changes to the industry. Add your insights. Take the survey. Continue reading
At ICNY, Leo Pareja, Erik Carlson and Michael Liebowitz mused on the Compass-Anywhere merger, private listing networks and how the industry might consolidate into a few powerful brands, like the U.S. airline industry. Continue reading
Ahead of Inman Connect New York, Howard Hanna Real Estate Services CEO Hoby Hanna mused on the Compass-Anywhere merger, consolidation and why he’s resolute in his fight against Clear Cooperation. Continue reading
Each month, hundreds of real estate agents, brokers, executives and investors contribute to one of real estate’s most ambitious monthly efforts to document changes to the industry. Add your insights. Take the survey. Continue reading
INMAN EXCLUSIVE: A draft bill in the Washington State Legislature appears to be the next staging ground for the fight over how real estate listings are marketed. Continue reading
Compass also plans to offer up to $862.5 million in convertible senior notes in a private offering after 99 percent of Compass and 72 percent of Anywhere shares were cast in favor of merger. Continue reading
Senators Elizabeth Warren and Ron Wyden are asking the DoJ and FTC to “thoroughly investigate” the pending deal, which they claim would “entrench existing antitrust and price manipulation concerns that have been at the center of mounting litigation.” Continue reading