Tag Archives: compass

New Keller Williams franchise scoops up 2 dozen Compass agents

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Keller Williams Jackson Hole launched this month in Wyoming and has drawn most of its agents from a brokerage that Compass acquired last year, creating “one big team.” Continue reading →

Compass is ‘the world’s most unprofitable brokerage ever’: Mike DelPrete

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In a recent VICE interview, Mike DelPrete offered his thoughts on how Compass’ longstanding cash burn problem could pose an existential threat to the brokerage and its ability to compete. Continue reading →

‘The appraisal process is an absolute joke’: The Real Word

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On this week’s TRW: Find out what Byron Lazine and Nicole White have to say about the future of appraisals, incentive-based recruiting and this week’s Left, Middle, Right. Continue reading →

Compass lets go of Chief Technology Officer Joseph Sirosh

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Sirosh spent more than four years at the brokerage. He most recently was in the news for selling hundreds of thousands of Compass shares. Continue reading →

Will Compass’ changes to agent pay slow its growth?

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The brokerage has grown rapidly thanks to generous handouts of cash and stocks to newly onboarded real estate agents. But amid leaner times, those perks are going away. Continue reading →

WATCH: What is your plan for surviving a downturn?

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Brad Inman interviews Thad Wong of @properties Christie’s International Real Estate and Nina Dosanjh of Vanguard Properties about what brokerages can do to best position themselves and their team to outlast the downturn. If your first instinct is to cu… Continue reading →

2 Compass execs sell $1M worth of Class A shares

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Joseph Sirosh and Danielle Wilkie sold their shares last week, according to a Securities and Exchange Commission filing. Both executives scheduled the sell-offs in May. Continue reading →

International buyers are back — and they’re eyeing secondary markets

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Just as US homebuyers did two years earlier, luxury international buyers are rushing to secondary cities with investment potential, including Austin, Boise and… Bentonville, Arkansas? Continue reading →

There may be ‘no escape’ from market-imploding recession: The Real Word

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Are we in an economic recession or a market-imploding housing recession? This week, Byron Lazine and Nicole White discuss the impact of low builder confidence, the changing real estate industry and politics from left, right and center. Continue reading →

Existing home sales drop for 6th straight month: ‘Not a recession’

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“Inventory remains tight and prices continue to rise nationally with nearly 40% of homes still commanding the full list price,” said NAR’s Chief Economist Lawrence Yun. Continue reading →