EXCLUSIVE: Compass, eXp Realty and Redfin voice support for Equality Act

Just in time for Pride Month, the annual June celebration of LGBTQ rights in the U.S., three major real estate brokerages – Compass, eXp Realty and Redfin— all confirmed to Inman this week for the first time that they support the Equality Act, a propos… Continue reading

EXp Realty is expanding to New York City

James Hynes will serve as the managing broker of eXp Realty’s Brooklyn operations. Hynes has been with eXp Realty for more than two years in Rochester, New York. Continue reading

Zillow’s way or the highway?

IBuyer expert and real estate analyst Mike DelPrete explains how market incumbents are stepping up their game to adapt to a shifting business landscape ahead of Inman Connect Las Vegas on July 22-26. Continue reading

Century 21 Beachside and Coldwell Banker Beachside are shutting down

Tom Denny, the longtime owner of both residential brokerage franchises, plans to retire, he told Inman. That means all the more than 550 agents who presently hang their hats across the 10 offices maintained by the two brokerages will be looking for new… Continue reading

Traditional brokerage or tech company: How is Compass being valued?

Is Compass worth $4.4 billion, and is it being valued as a traditional brokerage or a technology company? Mike DelPrete takes a look at the company’s valuation, revenue, transaction volume, agent count and profitability. Continue reading

America’s most expensive rental is available for $1.5M a month

The mega-mansion, located at 908 Bel Air Road and initially priced for sale at $180 million, was listed for rent earlier this week. The dwelling covers more than 34,000 square feet and comes with an infinity pool, a health and wellness spa, and surroun… Continue reading

Connect Las Vegas: Throwback to Compass and Realogy CEOs sharing their vision

At the Inman Connect New York 2019 conference, Realogy CEO Ryan Schneider and Compass CEO Robert Reffkin took to the stage to discuss their differing visions for the residential real estate market going forward. Continue reading

Compass poaches entire 22-person Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Continue reading

Why didn’t all the rain put a halt to homes sales this spring?

The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened. Continue reading

Brown Harris Stevens isn’t for sale — but rumors persist

In a letter to the company’s more than 1,000 agents, CEO Bess Freedman and President Hall Willkie emphatically say the company is not for sale, and accuse an unnamed brokerage of spreading rumors to support unethical recruitment tactics. Continue reading