Compass posts gains in revenue and agent count in Q2 earnings

Compass brought in $1.7 billion in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday. Continue reading

Will flashy gifts and open houses end once commissions decouple?

Based on conversations with luxury agents across both coasts, there’s still a lot of uncertainty about how far-reaching the changes that come with commissions decoupling may be. Continue reading

Succeeding in luxury real estate is all about storytelling

Panelists at Inman Luxury Connect Monday argued that good marketing in the luxury segment is all about telling stories that speak to a specific type of consumer. Continue reading

SERHANT. welcomes the True North Team from Compass

The firm also recently brought on former Corcoran Rookie of the Year Eric Shostak, in addition to the top-earning team, Inman has learned. Continue reading

Ultra-luxury agent boomerangs from Compass to Keller Williams

Maria Avellaneda rejoins KWNYC after six years at Compass. She will focus on ultra-luxury transactions and lead the franchise’s luxury market in the Hamptons. Continue reading

Former Engel & Völkers Naples team jumps ship to Compass

Thirty agents at SWF Premium Real Estate team who closed $321 million in sales across 278 transactions in 2023 have now aligned with Compass, the firm told Inman. A new office in Naples was also announced. Continue reading

Richard Simonelli returns to CoStar as company strengthens C-suite

CoStar Group revealed its latest executive hires of the summer, with Simonelli returning after six years as Compass’ industry relations SVP. Cyndi Eakin was promoted to chief accounting officer. Continue reading

Rapidly growing Real Brokerage surpasses 20K real estate agents

The publicly traded real estate brokerage reached the milestone on its 10th anniversary and set its sights on a closing-bell celebration at the Nasdaq exchange Tuesday afternoon. Continue reading

Luxury goes global: Paris Olympics, visas and the rise of ‘set-jetting’

From Golden Visa availability to the 2024 Paris Olympic Games and a trend favored by the rich that proves all the world’s a stage, luxury real estate is going international in a big way this summer. Continue reading