Carte Blanche returns to Compass after 3 years with The Agency

The three-person New York City team is returning to Compass to further expand into luxury markets and take advantage of the company’s technology offerings, according to team leader Aaron Seawood. Continue reading

Compass scores 2 new Colorado agents — including a ‘boomerang’

Adana Leonard and Tommy Kanarellis — who’s returning to Compass after a stint at Douglas Elliman — focus on luxury listings and join the brokerage amid fierce competition for top agents. Continue reading

REX gets OK to question Zillow CEO Rich Barton in antitrust suit

Judge Thomas Zilly denied Zillow’s motion for a protective order, saying CEO Rich Barton must complete three hours of questioning from REX’s counsel about the company’s “Project Bookshelf.” Continue reading

Mr. Cooper says it will use AI to service $1 trillion in mortgage loans

The loan servicer spends “several hundred million dollars a year” on call center operations and expects $50 million in annual savings at the outset of a ‘multiyear’ artificial intelligence project. Continue reading

$3B in volume: World-record holder Ben Caballero sets new one

The Texas agent, who specializes in new construction and routinely tops industry lists, sold more than 6,000 homes last year, setting a new record. Continue reading

It’s getting harder to make money on a home sale: ATTOM

A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In the first quarter of 2023, the profit margin on a median-priced U.S. home was 44.2 percent. Continue reading

Impac Mortgage kicked off of NYSE American exchange, shares plunge

The non-QM lender has kept the doors open by slashing costs and repositioning its retail consumer direct channel, CashCall Mortgage, to be a mortgage broker. Continue reading

Keller Williams scoops up high-performing Arizona indie

Chandler-based Infinity & Associates Real Estate did more than a quarter of a billion in volume in each of the last two years, according to Keller Williams. Continue reading

Keller Williams, Rocket named best companies for diversity: Forbes

KW, Rocket and Anywhere all landed spots on Forbes’ latest list of best employers for diversity. The news comes amid an ongoing push for greater diversity in real estate. Continue reading