Compass, Zillow and Real: A closer look at 3 winning real estate runs

This week Intel explores the financial data behind three real estate companies that thrilled investors amid a stagnant market that stymied the competition: Compass, Zillow and The Real Brokerage. Continue reading

KW nabs high-performing Bay Area Compass team

The Shee Group has done $114.6 million in volume so far this year. The team, led by Renna Shee, has affiliated with a KW market center in Cupertino, California. Continue reading

NAR’s settlement is up for final approval. Here’s why that matters

The National Association of Realtors settlement became the inciting incident for the most disruptive year for real estate in living memory. A judge is now expected to approve the deal Tuesday afternoon. Continue reading

The big players sneakily winning the sluggish 2024 housing market

This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors. Continue reading

Repealing CCP will create ‘2-tiered’ housing market, NAHREP warns

The National Association of Hispanic Real Estate Professionals is putting its muscle behind maintaining Clear Cooperation, a policy that requires brokers to submit a listing to their multiple listing services within one business day of marketing a prop… Continue reading

Mauricio Umansky: To be great, ‘you have to dare to be bad’

The Agency CEO this week predicted more change ahead for the real estate industry, said agents are angry, and argued in favor of raising the bar for obtaining a real estate license. Continue reading

Compass rolls out second-home-focused network for agents

Compass Resort aims to provide referrals, collaboration and other resources to agents who work with clients focused on vacation properties and secondary homes. Continue reading

Impact of NAR’s commission rule change illuminated in Q3 earnings

In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading

Compass CEO Robert Reffkin: Zillow will be the national MLS

Reffkin continued his campaign against the Clear Cooperation Policy at the National Association of Realtor’s annual NAR NXT conference during a “Future of the MLS” session Friday. Continue reading

Mortgage segment stands tall as Zillow posts revenue growth in Q3

Zillow tallied $581 million in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal’s mortgage business hit $39 million, a 63 percent increase from 2023. Continue reading