Brokerages draw private-listing dividing lines — and backdoor plans

Executives at some of the nation’s largest brokerage networks painted a clearer picture of how they are bracing for potential changes to how the industry approaches commissions, private listings and AI. Continue reading

Compass boasts 10 all-time high metrics in 2nd quarter earnings

Revenue was up 21.1 percent year over year to $2.06 billion, marking a new all-time high for the brokerage. Transactions were also up 20.9 percent year over year, even as transactions in the market overall dropped by 0.9 percent. Continue reading

Compass names Lacey Conway executive vice president of M&A

Conway joined Compass last spring when Latter & Blum was acquired by the brokerage and has served as a regional vice president since then. Now she will lead M&A strategy. Continue reading

Compass appoints new head of investor relations

Compass has hired Soham Bhonsle as its head of investor relations, according to an announcement on Wednesday. In his new role, Bhonsle will be responsible for maintaining strong investor relationships and maximizing shareholder value. Continue reading

Compass posts gains in revenue and agent count in Q2 earnings

Compass brought in $1.7 billion in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday. Continue reading

Compass COO Greg Hart to leave company at year end

Hart joined Compass in 2020. After his departure, the fast-growing brokerage will eliminate the role of chief operating officer. Continue reading

Compass taps Cushman executive as chief financial officer at pivotal time

Kalani Reelitz joins the brokerage at a time of significant transition, and as it tries to achieve positive cash flow next year. Continue reading