The Los Angeles housing market has an albatross around its neck called the United to House LA (ULA) or “mansion” tax. Danny Brown explains why it’s a failed experiment. Continue reading
The Financial Industry Regulatory Authority (FINRA) has asked Douglas Elliman who had knowledge of Anywhere’s merger offer before talks became public, Reuters reported Wednesday. Continue reading
While everyone was talking about Compass-Anywhere this week, the fast-growing and tech-forward Real Brokerage passed 30,000 agents. Continue reading
Most indie brokers Inman spoke with as news of the Compass and Anywhere transaction unfolded on Monday felt that the brokerages becoming one huge entity would make the indie experience even more attractive to agents. Continue reading
In acquiring Anywhere, Compass would absorb a smattering of business models and a load of debt. But it might gain something its CEO has long sought, observers say: more sway over industry affairs. Continue reading
The FTC and Department of Justice are expected to scrutinize the impacts of the deal — which would give the merged companies a combined market share of 18 percent Continue reading
Agents said the deal gives the combined firms increased bargaining power and could help move the needle in Compass’s legal battles. Continue reading
Compass has long had a contentious relationship with the National Association of Realtors. Real estate veterans speculated Monday that NAR could thus suffer as Compass grows. Continue reading
CEO Mickey Alam Khan writes that with its new merger, Compass will finally achieve its goal to become the Amazon of real estate. Continue reading
The upstart Compass had already grown to the top residential brokerage by sales volume. Now, it’s moving to acquire its chief rival. Continue reading