Tag Archives: compass

Market shifts, rate hikes and why real estate stocks can’t get a break

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As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading →

Luxury home auctions are having a moment. Here’s how to get in on it

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Luxury homes that eventually go to auction sometimes come across as the black sheep of listings and require a nuanced approach. Here are luxury agent Aaron Kirman’s top tips for success. Continue reading →

Zillow, Opendoor and Compass debut on the Fortune 500

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The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries. Continue reading →

Sotheby’s taps former Compass executive to lead sales operations

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Former Compass regional president Kamini Rangappan Lane has joined Sotheby’s International Realty, according to an announcement on Monday. Lane will lead the brokerage’s sales strategy. Continue reading →

Compass expands to 30A, brings on Spears Group, more agents

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With the move into 30A, the brokerage brings on 20 new agents in the region, who represented over $720M in sales volume in 2021. Continue reading →

Compass approaching ‘critical’ cash burn: Mike DelPrete

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Compass is not in immediate peril, but it is approaching a critical juncture where it will either need to raise more money or reduce expenses, according to data expert Mike DelPrete. Continue reading →

Compass CFO to resign while chief product officer gets promotion

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Chief Financial Officer Kristen Ankerbrandt will leave the company in September, while Greg Hart will become Compass’ new chief operating officer. Continue reading →

Compass trims losses slightly in Q1, sees revenue jump 25%

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Compass agents did 47,367 deals between January and March of 2022, which represents a new high for the brokerage, according to a Q1 earnings call on Thursday. Continue reading →

Brokerages push back on NAR ad campaign targeting ‘competitors’

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The trade group highlighted its own members — including Zillow, Compass, Redfin, Homie, Opendoor and Offerpad — among those whom it’s competing with for consumer mindshare. Continue reading →