Former Compass regional president Kamini Rangappan Lane has joined Sotheby’s International Realty, according to an announcement on Monday. Lane will lead the brokerage’s sales strategy. Continue reading
With the move into 30A, the brokerage brings on 20 new agents in the region, who represented over $720M in sales volume in 2021. Continue reading
Compass is not in immediate peril, but it is approaching a critical juncture where it will either need to raise more money or reduce expenses, according to data expert Mike DelPrete. Continue reading
The singer and his wife, the model Behati Prinsloo, listed their Los Angeles compound less than two months ago for $57.5 million. Continue reading
Chief Financial Officer Kristen Ankerbrandt will leave the company in September, while Greg Hart will become Compass’ new chief operating officer. Continue reading
Compass agents did 47,367 deals between January and March of 2022, which represents a new high for the brokerage, according to a Q1 earnings call on Thursday. Continue reading
The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it’s competing with for consumer mindshare. Continue reading
As of the auction’s closing bid on Monday, celebrity botox doctor Alex Khadavi’s Bel Air mansion had gone for $46.76 million, below the $50 million reserve price set by bankruptcy courts. Continue reading
Allan Leinwand has also worked at Slack and Zynga, and will help guide Compass during a period of rapid growth. Continue reading
Sold earlier this week for $13.6 million, the former Douglas Elliman vice chair’s home boasts eight bedrooms and a Hollywood connection to Brad Pitt and Angelina Jolie. Continue reading