‘Consumers are fed up:’ KW sued over agent cold calls on expired listings

Keller Williams Realty is the latest real estate company to be hit with a proposed class-action lawsuit alleging its agents made unsolicited calls to consumers without their consent. Continue reading

How the US broke Purplebricks: Former employees sound off

Purplebricks announced on Wednesday, it was shuttering it’s U.S. operations. The flat-fee brokerage was only live in the U.S. for less than two years, but still, it’s departure doesn’t come as a surprise to many former employees. Continue reading

What is Compass’ endgame?

In real estate, optimizing the commission split and generating revenue by selling mortgages is what brokerages have been doing for years. But investors didn’t pump over $1 billion of venture capital in Compass to build a basic brokerage. So, what is Co… Continue reading

Sotheby’s International Realty expands to Arkansas

Sotheby’s International Realty is opening a new franchise in Rogers, Arkansas. It’s the 41st state for the global luxury franchisor, which has a presence in 70 countries and territories.  Continue reading

Redfin CEO says measured growth is key to his brokerage’s success

Glenn Kelman believes clear victors will emerge from the real estate tech arms race in the next couple years. Mergers and acquisitions are inevitable, he argues. That’s because real estate websites want to insert themselves into the transaction, while … Continue reading

Record-setting broker shutters office, joins Sotheby’s

David Ogilvy is shuttering his 34-year eponymously named brokerage David Ogilvy and Associates and bringing his team to Sotheby’s International Realty’s Greenwich, Connecticut office.  Continue reading

Compass announces another California acquisition

The rapidly growing brokerage has acquired Central Coast Realty Group, bolstering its already formidable presence in California’s central coast. Continue reading

Engel & Völkers rolls out in 4 new markets amidst rapid expansion

The German-founded luxury real estate franchisor is opening franchise offices in Arizona, Nevada, Colorado and North Carolina. Continue reading

EXp Realty CEO Glenn Sanford envisions hitting 100,000 agents

Leading into Inman Connect Las Vegas in July, the eXp Realty CEO believes his virtual brokerage can grow by a factor of 5 by 2025. Continue reading