M. Ryan Gorman said the current downturn is an opportunity for his company, while noting that some competitors “may not have a plan for good times let alone a plan for bad times.” Continue reading
Revenue and closed transaction volume both declined 17 percent year over year despite agent count growth of 7 percent over the same period, according to a Q3 earnings report Thursday morning. Continue reading
Inside Real Estate has acquired AmpStats, a recruiting, retention and coaching technology company, to strengthen its fast-growing enterprise product offerings and augment its existing recruiting features. Continue reading
Compass became the largest company of its kind in the U.S. this year, but is holding its annual gathering as the real estate industry navigates uniquely troubled waters. Continue reading
Tony Kueh, a former Microsoft manager and 23-year tech veteran, will work alongside COO Melissa McSherry as he oversees the execution of Anywhere’s overall product strategy. Continue reading
At Connect, Anywhere Expansion Brands CEO Sherry Chris, a 35-year real estate vet, shared how strategic growth, better value propositions and positive thinking gives brokers the upper hand. Continue reading
Heads will roll and company valuations will sink so low that new outsiders will opportunistically make big acquisitions, Brad Inman writes. Real estate’s Masters of the Universe are on notice. Continue reading
The companies submitted a joint filing to the New York Supreme Court on Oct. 4 asserting they had agreed to end the litigation permanently and that each side would pay their own costs. Continue reading
Shares in Opendoor, Offerpad and Redfin all hit all-time low prices Friday. The milestones come after months of declines for companies across the real estate space. Continue reading
Judge M. Page Kelley noted the real estate holding company formerly known as Realogy allegedly perpetuated NAR and MLS PIN’s “substantively identical” buyer broker commission rules. Continue reading