How a strong culture is getting Compass through tough times

On the last day of the Compass REtreat, Compass President of Customer Success Danielle Wilkie sat down with Inman to talk about how a strong culture is key to the company’s 2023 strategy. Continue reading

Compass taps Cushman executive as chief financial officer at pivotal time

Kalani Reelitz joins the brokerage at a time of significant transition, and as it tries to achieve positive cash flow next year. Continue reading

Even in a topsy-turvy market, some agents are still drawing tons of bids

Even as home prices and rates hit record highs, it’s still possible to attract multiple offers when a property stands out or it’s priced to sell. “We priced it right — right away,” one agent told Inman. Continue reading

5 takeaways from Compass REtreat on seizing a slowing market

Five of Compass’ top real estate agents, team leaders and executives shared tips for recruiting, marketing, generating leads and maintaining their mental health during a market shift. Continue reading

Widow sues Compass for alleged abuse in pocket listing sale

The lawsuit alleges Compass agent Cory Cooper pressured an elderly homeowner to sell her property off the multiple listing service to a real estate investor he knew. Continue reading

Robert Reffkin gets real at Compass REtreat: ‘Hope is not a strategy’

At his company’s annual REtreat in Atlanta, Compass CEO Robert Reffkin used his keynote to give an honest and intimate review of his company’s post-IPO performance and cast a vision for the future. Continue reading

CoStar sees revenue, profit jump in Q3 despite slowing housing market

In an earnings call Tuesday, the real estate giant pointed to its Apartments.com business as a particularly successful standout in an otherwise challenging market this summer. Continue reading

Team Banx leaves Berkshire Hathaway for Compass

The 11-person team closed $62 million in 2021, becoming the No. 11 large team in New York state based on transaction sides and the No. 33 large team in the state based on sales volume. Continue reading

4 things to watch as Compass’ annual conference unfolds this week

Compass became the largest company of its kind in the U.S. this year, but is holding its annual gathering as the real estate industry navigates uniquely troubled waters. Continue reading

Expect more mergers, acquisitions, consolidations and liquidations: Mike DelPrete

The real estate industry is in the midst of a massive financial reckoning. Amidst this turmoil, the industry is bifurcating into predators and prey — companies that have the resources to expand through acquisition and those burning cash that are vulner… Continue reading