For now, it’s business as usual for real estate agents affiliated with Anywhere-owned brokerage brands. But as Compass moves to acquire them next year, some real estate leaders say it may place pressure on competitors to ramp up their own expansions. Continue reading
Longtime real estate executives Amit Kulkarni and Russ Cofano have launched a new strategy firm, Alloy Advisors. Their offerings range from product development to legal planning. Continue reading
The goal is to maximize two new partnerships and quadruple Better’s monthly mortgage originations to $2 billion. The raise follows a bullish endorsement by activist Opendoor investor Eric Jackson. Continue reading
In case you were head down in the Compass merger news last week, we’ve put together a roundup of the market stats and how-tos you may have missed. Continue reading
The Financial Industry Regulatory Authority (FINRA) has asked Douglas Elliman who had knowledge of Anywhere’s merger offer before talks became public, Reuters reported Wednesday. Continue reading
While everyone was talking about Compass-Anywhere this week, the fast-growing and tech-forward Real Brokerage passed 30,000 agents. Continue reading
CEO Marco Fregenal says company will use proceeds to “invest in sales and marketing initiatives, pursue strategic opportunities that enhance our platform and support ongoing operations.” Continue reading
In acquiring Anywhere, Compass would absorb a smattering of business models and a load of debt. But it might gain something its CEO has long sought, observers say: more sway over industry affairs. Continue reading
The FTC and Department of Justice are expected to scrutinize the impacts of the deal — which would give the merged companies a combined market share of 18 percent Continue reading
Agents said the deal gives the combined firms increased bargaining power and could help move the needle in Compass’s legal battles. Continue reading