America’s most expensive rental is available for $1.5M a month

The mega-mansion, located at 908 Bel Air Road and initially priced for sale at $180 million, was listed for rent earlier this week. The dwelling covers more than 34,000 square feet and comes with an infinity pool, a health and wellness spa, and surroun… Continue reading

Connect Las Vegas: Throwback to Compass and Realogy CEOs sharing their vision

At the Inman Connect New York 2019 conference, Realogy CEO Ryan Schneider and Compass CEO Robert Reffkin took to the stage to discuss their differing visions for the residential real estate market going forward. Continue reading

Compass poaches entire 22-person Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Continue reading

Why didn’t all the rain put a halt to homes sales this spring?

The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened. Continue reading

Brown Harris Stevens isn’t for sale — but rumors persist

In a letter to the company’s more than 1,000 agents, CEO Bess Freedman and President Hall Willkie emphatically say the company is not for sale, and accuse an unnamed brokerage of spreading rumors to support unethical recruitment tactics. Continue reading

Florida indie brokerage unveils agent tech platform, plans expansion

Automated Back End provides agents with automation and collaboration tools, e-signing software and one-click marketing. It is designed to work on all of an agent’s electronic devices. Continue reading

Compass fixes error showing private agent remarks on some listings

Other listing data intended for Realtors’ eyes only appeared publicly on several listings viewed by Inman last week on Compass’s mobile app and desktop website. Among them: detailed showing instructions, contact information for vendors and property dis… Continue reading

Is Compass a tech company or a traditional brokerage?

The company often refers to itself as a tech company and a tech-enabled brokerage, which is part of the lure of the Compass vision — and the underpinning of its massive $4.4 billion valuation. But is Compass a tech company or a traditional brokerage? F… Continue reading

New Yorkers are rushing to buy before July 1 ‘mansion tax’ kicks in

New York’s “mansion tax,” which charges buyers extra for properties over $1 million, goes into effect July 1, and wealthy buyers are rushing to ink deals before the deadline. Continue reading