Tag Archives: compass

Compass faces first downturn amid pressure to cut costs

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The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn. Continue reading →

10 months after ‘The One,’ Richard Saghian scoops up $40M Malibu pad

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Not content to pause after purchasing “The One” megamansion for $126 million in March, the Fashion Nova founder also added the $40 million Billionaire’s Beach property to his portfolio recently. Continue reading →

Compass seeks to sublease NYC headquarters in belt-tightening play

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The New York-based brokerage is shopping around 89,000 square feet of office space at 90 Fifth Ave. in Manhattan as it looks for ways to stem its losses, which clocked in at $154 million in 3Q22. Continue reading →

Redfin faces a steep battle as it claws its way toward profitability

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Analysts said Redfin isn’t facing an existential moment but nonetheless experienced a uniquely rough period over the past year. These are the 5 biggest challenges Redfin will face in 2023. Continue reading →

Here are the 30 most expensive home sales of 2022

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The luxury real estate sector faced its ups and downs as the market entered a period of significant transition, but that didn’t prevent luxury clients from making some stellar deals. Continue reading →

Luxury in ’22: Market slowdowns, reality TV, the metaverse and more

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Luxury buyers finally decided to take a pause in 2022 as economic volatility shook the market. But despite a market slowdown, luxury companies and agents continued to make interesting moves. Continue reading →

The McNair Group rejoins Coldwell Banker after 4 years at Compass

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Following a four-year stint with Compass, the five-person McNair Group team has returned to Coldwell Banker, where the team was founded in 2008, it was announced Friday. Continue reading →

Real estate in 2022: When the #@!$ finally hit the fan

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Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →

Agents, here’s how to crush it in 2023

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You read about them. You watch them on social media. They are the stand-out real estate agents who have broken through and built a next-level business. The Agent Connect Stage at Inman Connect will bring together top agents across the industry in a two… Continue reading →