The move by Ellison comes a little over one year after purchasing the property for $80 million, and about two months after purchasing a separate $173 million estate in nearby Manalapan from tech entrepreneur Jim Clark. Continue reading
As Compass pulls back on sign-on sweeteners and downlines ain’t what they used to be, some newer agents are having to learn how to build a business from the ground up — all over again. Continue reading
Find out what Compass’ Q2 earnings numbers mean and what they’re doing to cut costs in the face of their ongoing cash burn. Continue reading
Compass, the largest brokerage by closed sales volume nationwide, is opening its second St. Louis branch following its first in June 2021, which has grown to more than 120 agents and staff. Continue reading
Compass has grown rapidly by offering agents shares in the company and in some cases cash. But the company has now cut those perks as the market slows. Continue reading
The fast-growing brokerage earned $2 billion in revenue during the second quarter of the year, but also saw losses rise to $101 million, according to an earnings report issued Monday. Continue reading
Zillow and Opendoor’s new partnership may be shocking, but their alliance may work. Experts Byron Lazine and Nicole White discuss what’s next, consumer confidence, and introduce a new politics segment that is sure to open the door to some big discussions Continue reading
For agents looking to change their listing generation strategy in a shifting market, top agents Jonathan Spears and Lauren Rosin shared their tips at Inman Connect Las Vegas on Wednesday. Continue reading
David Fernandez, Jennifer Lee and Emanuele Fiore join the company from Compass, while Jason Christie comes from his independent brokerage, The Polaris Team. Continue reading
Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to either “race to the top” or “race to the bottom.” Continue reading