Compass releases ‘reverse prospecting’ marketing tool

The marketing tool provides insights and data on likely buyers who have engaged with properties listed by Compass agents. It may also help Compass’ ongoing push against Clear Cooperation. Continue reading

Western White House sells for $23M, among highest local sales

Situated on nearly three acres, the property features 11 bedrooms, 14 bathrooms, a wine cellar, staff rooms—both added during the Elies’ renovation — and a swimming pool. Despite these extensive upgrades, the Elies ultimately found the home too large a… Continue reading

CMLS urges NAR to keep Clear Cooperation in new letter

CMLS CEO Denee Evans argued against the “removal or significant weakening of a policy so critical to the integrity of our housing market” in an open letter to NAR and its members Friday afternoon. Continue reading

Compass scoops up NYC star agent from The Agency

Daniel Blatman also previously worked at Douglas Elliman and Triplemint. He joins Compass during a period of intense competition for top-producing agents. Continue reading

Compass appoints new head of investor relations

Compass has hired Soham Bhonsle as its head of investor relations, according to an announcement on Wednesday. In his new role, Bhonsle will be responsible for maintaining strong investor relationships and maximizing shareholder value. Continue reading

Real estate is still processing Aug. 17 and Clear Cooperation

During a panel at Inman Connect Austin on Wednesday, Rachel Hocevar of Compass and Romeo Manzanilla of @properties Christie’s International Real Estate discussed the implications of industry shakeups. Continue reading

NextHome CEO James Dwiggins takes on Clear Cooperation critics

In a LinkedIn post Tuesday, Dwiggins claimed brokerage leaders fighting to repeal the pocket listing rule are concealing an agenda to hoard listings, recruit agents and generate internal leads. Continue reading

Seven homesellers object to deals reached in Gibson commission suit

Sellers in the Gibson class-action suit filed objections Thursday to the dollar value of the proposed settlements, which include deals with Compass, Redfin and The Real Brokerage, among others. Continue reading

NAR faces a standoff over Clear Cooperation, Inman survey reveals

Nearly a hundred real estate professionals shared their thoughts on NAR’s Clear Cooperation Policy with Inman, revealing a schism between supporters and opponents of the controversial rule. Continue reading

Where real estate’s major players stand on Clear Cooperation Policy

Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits at the heart of the issue. Continue reading