Palm Beach spec home brings in $50M

The 14,000-square-foot spec mansion located in Palm Beach, just a few streets north of Mar-a-Lago, sold to an unknown buyer. Continue reading

Compass reaches settlement in Section 8 discrimination case

A year after being placed in the hot seat for discriminating against low-income renters in New York City, Compass has reached a settlement with the watchdog group Housing Rights Initiative (HRI). Compass will now offer higher commissions for Section 8 … Continue reading

As supply dwindled, nation’s biggest brokerages gained market share

The biggest real estate brokerages and franchise networks made big gains in market share in 2021, a new report reveals. Continue reading

‘New York market remains a juggernaut’ in Q1, condo sales thrive

Quarterly market reports released this week from several area brokerages revealed a luxury market in high demand, with climbing prices and little inventory. Continue reading

You’ll never guess which ‘Scrubs’ actor just joined Compass

Robert Maschio, the actor who played Todd Quinlan on the ABC series, has been selling homes since 2017 with Rob Maschio Real Estate. He joined Compass in Santa Monica this week. Continue reading

‘Stock is not the company:’ Robert Reffkin on Compass 1 year after IPO

In a heartfelt letter posted on LinkedIn, Compass founder and CEO Robert Reffkin addressed his company’s stock market troubles and cast his vision for the future. Continue reading

Compass snags 2 teams with 45 joint agents, expands into Virginia

Compass is expanding into Richmond, Virginia, with two teams for a total of 45 agents and a combined 2021 sales volume of $227 million. This will be the largest market Compass has entered into in 2022. Continue reading

Top Dallas Christie’s team moves to Compass

The luxury, commercial and rural land sales-focused Ulterre team brought in $387 million in total sales volume in 2021, 10 transactions of which were priced at $10 million or greater. Continue reading

Compass completes its remarkable climb to become top producer

Compass completed $251.1 billion in transactions last year, more than any other brokerage firm. HomeServices of America had the most sides. Continue reading