Tag Archives: compass

Team Banx leaves Berkshire Hathaway for Compass

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The 11-person team closed $62 million in 2021, becoming the No. 11 large team in New York state based on transaction sides and the No. 33 large team in the state based on sales volume. Continue reading →

4 things to watch as Compass’ annual conference unfolds this week

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Compass became the largest company of its kind in the U.S. this year, but is holding its annual gathering as the real estate industry navigates uniquely troubled waters. Continue reading →

Expect more mergers, acquisitions, consolidations and liquidations: Mike DelPrete

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The real estate industry is in the midst of a massive financial reckoning. Amidst this turmoil, the industry is bifurcating into predators and prey — companies that have the resources to expand through acquisition and those burning cash that are vulner… Continue reading →

Side carries out new round of layoffs amid slowing market

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The latest round of cuts comes after the company laid off 10 percent of its workforce in June. Side’s layoffs are among dozens of others in the housing industry this year. Continue reading →

All in family as Tracy McLaughlin and daughter join Engel & Völkers

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Before joining The Agency, McLaughlin co-owned Pacific Union International, which she bought with her then-husband before selling to Compass. Her daughter Whitney will join her at Engel & Völkers. Continue reading →

The Agency’s Mauricio Umansky on what’s hurting brokerages the most

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At Inman Connect, Brad Inman and Mauricio Umansky, founder of luxury brokerage The Agency discussed what’s happening in the market now and how it’s impacting brokers and their agents. Continue reading →

Gary Keller: Tech firms’ ancillary service strategy a ‘big lie’

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During Inman Connect on Tuesday, Gary Keller discussed an array of topics with Inman founder Brad Inman. Keller said companies have to focus on “dollars in, expenses out” as they reach for profitability. Continue reading →

Forget McMansions — these wealthy homeowners dig McBasements

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When city or county restrictions are cramping their styles above ground, luxury homeowners are taking matters into their own hands and building out the basements of their wildest dreams. Continue reading →

Sink or swim, the fate of real estate’s mightiest CEOs will be revealed

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Heads will roll and company valuations will sink so low that new outsiders will opportunistically make big acquisitions, Brad Inman writes. Real estate’s Masters of the Universe are on notice. Continue reading →

Anywhere and Compass settle agent recruiting suit, capping 3-year feud

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The companies submitted a joint filing to the New York Supreme Court on Oct. 4 asserting they had agreed to end the litigation permanently and that each side would pay their own costs. Continue reading →