Compass bucks tough market as revenue, agent count grow in Q3

The brokerage drove $1.5 billion in revenue — an 11.7 percent improvement over the same period in 2023, according to a third-quarter earnings report on Wednesday spanning July, August and September. Continue reading

EXp Realty updates agent revenue share model amid recruitment bid

Starting Nov. 1, eXp agents will have access to new revenue streams, especially those who reach the virtual brokerage’s ICON status, eXp World Holdings CEO Glenn Sanford said at eXpcon Miami. Continue reading

Agent to the stars Tomer Fridman quietly leaves Compass

Fridman had been affiliated with Compass since 2017 and was a top producer at the firm. His departure was reportedly announced internally at the end of last week by Regional Vice President Parker Beatty. Continue reading

Pacific Sotheby’s International Realty now powered by Rechat

Rechat markets itself as an “experience management platform” for its library of tools that assist agents from lead initiation through deal completion — the entire transaction experience. Continue reading

Compass envisions recruitment opportunity in industry upheaval

Rory Golod, Compass’ president of growth and communications, spoke to Inman about Clear Cooperation, commission settlements, franchising and much more. Continue reading

7 ways to keep agents engaged in Q4 and beyond

Love your agents, and have fun. It’s Wisconsin broker Dawn Christiansen’s secret to building a cohesive and engaged real estate team or brokerage. Continue reading

Compass releases ‘reverse prospecting’ marketing tool

The marketing tool provides insights and data on likely buyers who have engaged with properties listed by Compass agents. It may also help Compass’ ongoing push against Clear Cooperation. Continue reading

Association-drafted forms protect consumers and members: CAR

Despite the rhetoric of some in the industry, shifting away from using association-developed forms is the opposite of consumer-friendly, CAR President Melanie Barker writes for Inman. Continue reading

‘Not done’: Antitrust litigation in real estate is just warming up

In a recent webinar, Spencer Rascoff, James Dwiggins and Jack Miller discussed the future of commissions and why agents and brokers should pay attention to their legal risk. Continue reading

Winners of eXp Realty’s eXpcon Hackathon announced

At eXp Realty’s first-ever eXpcon Hackathon, held in Miami Beach, Florida, on Oct. 26, industry innovators competed to showcase projects aimed at creating cutting-edge real estate solutions using OpenAI technology, and the brokerage has officially anno… Continue reading