Tag Archives: Anywhere

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

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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 →

Compass faces first downturn amid pressure to cut costs

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The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn. Continue reading →

Anywhere lays off more workers, announces end of RealSure iBuyer

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The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading →

Redfin faces a steep battle as it claws its way toward profitability

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Analysts said Redfin isn’t facing an existential moment but nonetheless experienced a uniquely rough period over the past year. These are the 5 biggest challenges Redfin will face in 2023. Continue reading →

Court deals blow to NAR, KW, Anywhere in commission suit

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The judge denied requests filed by NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America, allowing the Sitzer/Burnett case to continue toward a new October trial date. Continue reading →

Real estate in 2022: When the #@!$ finally hit the fan

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Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →

NAR and Anywhere clash over commission class action trial

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The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America. Continue reading →

Expect more high-profile executive shakeups — and golden parachutes

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This month, Coldwell Banker CEO M. Ryan Gorman and Opendoor CEO Eric Wu relinquished their chief executive posts. Inman founder Brad Inman envisions a cold winter ahead. Continue reading →

Was M. Ryan Gorman a victim of Wall Street? 4 experts say ‘yes’

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Two days after M. Ryan Gorman’s surprise exit from Coldwell Banker, four industry experts considered the weight of Wall Street on companies’ leadership decisions amid a market downturn. Continue reading →

All brokerages are entering the winter of real estate: Mike DelPrete

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Now that earnings are in for the big box brokerages, the anticipated revenue decline is clear. But does it tell the whole story? Continue reading →