Tag Archives: compass

Avi Dorfman’s 8-year battle with Compass is finally over

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Eight years after filing suit against Compass, Avi Dorfman has what he wants — a founder title and compensation for his role in helping the company pivot in 2012. Continue reading →

In the end, Elon Musk hired agents to sell his final ‘earthly possession’

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After putting San Francisco home on market without the help of an agent, the SpaceX CEO relented, tapping Mary and Brent Gullixson of Compass to sell last property in his portfolio. Continue reading →

@properties CEO on the ups and downs of being an indie brokerage

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“Cards get stacked against indies,” said Thad Wong, @properties co-founder and CEO, during Connect Now when discussing the challenges of being an independent brokerage. But he also explained why he wouldn’t have it any other way. Continue reading →

Seasonality is back, iBuying is alive, and other big earnings takeaways

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This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy. Continue reading →

Compass sees both revenue and losses rise in 3rd quarter

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The brokerage brought in $1.74 billion between July and September, but also lost $100 million — way up from both last year and one quarter earlier. Continue reading →

Keller Williams sees transactions dip, volume rise in Q3 — but no word on IPO

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The company’s latest earnings report reveals that the coronavirus pandemic is still impacting the housing market. Continue reading →

What to expect as Compass, Opendoor, Offerpad and Keller Williams release earnings today

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How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO? Continue reading →

New Upper East Side condo goes under contract for $66.5M

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The deal will combine the two uppermost units of the Bellemont condominium located at 1165 Madison Avenue. In total, the condo will have four full floors occupying about 13,000 square feet, as well as 2,300 square feet of outdoor space. Continue reading →

Compass hires new sales executive from Brown Harris Stevens

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Fritz Frigan most recently worked as an executive vice president at the New York City-based brokerage Brown Harris Stevens. Continue reading →

‘Zero Days on Market’: New study highlights controversial metric

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While brokers see the study as reason to re-evaluate NAR’s pocket listing policy, MLSs push back on the study’s conclusions, pointing to a hot market. This is the third story in a five-part series. Continue reading →