The Agency launches new market in La Jolla, San Diego

Located in La Jolla, the office marks the company’s 63rd location overall and 21st office in the state of California. Continue reading

The big iBuyers are getting brutalized in the stock market

Shares in Opendoor, Offerpad and Redfin all hit all-time low prices Friday. The milestones come after months of declines for companies across the real estate space. Continue reading

Compass takes over sales from Corcoran at NYC ‘condop’ building

After selling eight out of its 13 units, the condop, a building comprised of condominiums and co-op units, at 1228 Madison Avenue is bringing on a new real estate brokerage to finish the job. Continue reading

Rhode Island’s Kirk | Schryver Team joins Compass

The team is No. 1 by sales volume in Bristol County and Barrington, Rhode Island, according to MLS data and was ranked the No. 2 small team by sales volume by RealTrends in 2021. Continue reading

Holy political fix, Batman! Compass broker at center of Batmobile probe

Broker Sam Anagnostou allegedly used political connections in San Mateo County, California, to press criminal charges against an automaker he accused of failing to deliver a $210,000 replica Batmobile. Continue reading

Deals will hinge on negotiations this fall. Here’s how buyers’ agents win

“There was no negotiation over the last couple of years,” Max Stokes of Compass says. But that’s beginning to change — gradually. With a few tips, buyers can prevail at the negotiating table. Continue reading

Luxury home sales plunge to 10-year low, surpassing COVID levels

Luxury home sales in the U.S. dove by 28.1 percent year over year during the three months ending Aug. 31, 2022 — eclipsing the 23.2 percent drop in luxury sales at the height of the pandemic — Redfin data shows. Continue reading

Compass lays off more workers, with technology department hit hardest

Compass laid off a significant chunk of its technology team, according to press reports that appeared to suggest hundreds of jobs slashed. This is the second round of layoffs this year. Continue reading

Swanepoel says this company is still ‘the 800-pound gorilla’ in real estate

Several newer brokerages have made big strides. But real estate executive Stefan Swanepoel says one established juggernaut still looms large: The holding company formerly known as Realogy. Continue reading