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
What’s the secret to its meteoric rise, and what is it that investors see that justifies its massive valuation? This deep dive into Compass looks to provide evidence-based answers to those questions — and more. Continue reading
Gary Keller has embarked on the risky journey of reshaping Keller Williams around his technology vision. The fate of the universe is not at stake, but Keller’s legacy might be. Continue reading
Finding new reliable revenue streams from ancillary services, then, would likely go a long way to proving that Compass deserves its enormous valuation. Continue reading
Zillow is suing Compass because it worries about anybody who is focused on using technology to reduce the time, stress and uncertainty it takes to buy and sell properties. Continue reading
Compass CEO Robert Reffkin believes the real estate industry is experiencing a “Netflix versus Blockbuster moment,” and he wants his company to emerge as a one-stop shop that provides all services associated with moving. Continue reading
Zillow on Friday filed two lawsuits against Compass, alleging the tech-enabled brokerage poached its employees as part of an effort to steal its intellectual property.
The suits were filed in Washington state and in federal court, respectively, and ar… Continue reading
The influx of new money could lead to a robust market once the uncertainty wanes, according to a new report from Compass Chief Economist Selma Hepp. Continue reading
A small San Francisco home painted to look like a Piet Mondrian painting sold for $500,000 above the asking price. Continue reading
Actor Joseph Gordon-Levitt is moving on. His stylish 1940s Los Angeles ranch property just hit the market for $3.85 million. Continue reading