Compass adds agents as revenue falls, losses rise in Q3

The company reported earnings Thursday for the first time since announcing the end of cash and stock-based recruiting incentives. Despite the move, the company added 335 agents. Continue reading

It’s the disruption, stupid! Redfin Now and the end of iBuying as we know it

As Redfin winds down its operations, Opendoor and Offerpad are the last ones left for the most part — and they’re both struggling. Was iBuying a flash in the pan or is everyone simply looking in the wrong direction? Continue reading

Douglas Elliman releases Elliman Productions video and photo app

Powered by Infinite Creator, Elliman Productions allows agents to capture photos and videos of listings on their smartphones and receive branded and edited content within 24 hours. Continue reading

Expanding your brokerage: 3 tips for sustainable growth

Regardless of the market, a strategic approach to growth is necessary to sustain a business long-term. Stuart Siegel, Chief Strategy Officer for Engel & Völkers Americas, offers insights for sustainable growth no matter what conditions are prevail… Continue reading

Redfin sees losses soar in Q3 as it winds down iBuying program

The company earned $600.5 million in revenue during the third quarter, but also lost $90.2 million — up from a loss of just $18.9 million in the third quarter of 2021 — amid a worsening housing market. Continue reading

The Agency welcomes new franchise in Big Sky Country

The office in Bozeman marks The Agency’s first foray in the state of Montana. Managing Partner Joy Vance who specializes in diverse luxury properties across Bozeman and Big Sky will lead the new office. Continue reading

‘Homeowner benefit agreements’ in spotlight amid MV Realty probe

North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents. Continue reading