Compass rewards listing agents with new lead and referral program

Through the program, Compass listing agents will receive a 10 percent referral when they send inquiries on their listing from Compass.com to other Compass agents, Inman has learned. Continue reading

Compass names Neda Navab new president

Navab holds an MBA from Harvard Business School and has worked for Compass since 2018, coming into the company as CEO Robert Reffkin’s chief of staff. Continue reading

Zillow’s listing ban hangs in the balance after 4-day hearing

Zillow and Compass endured a four-day hearing this week over the portal’s listing access standards. A judge will now determine if Zillow can enforce these standards while Compass’s lawsuit continues. Continue reading

Existing-home sales slip for ninth-consecutive month in October

Sales of existing homes fell 5.9 percent to a seasonally adjusted rate of 4.43 million — 28.4 percent lower than in October 2021, according to data released Friday by the National Association of Realtors. Continue reading

Existing home sales drop for 6th straight month: ‘Not a recession’

“Inventory remains tight and prices continue to rise nationally with nearly 40% of homes still commanding the full list price,” said NAR’s Chief Economist Lawrence Yun. Continue reading

Home sales fall for 5th month as median prices hit record high

Sales of existing homes ticked down 5.4 percent between May and June, falling 14.2 percent from a year ago, as median prices rose to $416,000, according to the National Association of Realtors. Continue reading

Brokerages that fail to evolve may get cut out of loop, top leaders warn

Realogy Expansion Brands CEO Sherry Chris and Compass U.S. Region President Neda Navab said the brokerage of the future is one that prioritizes innovation and embracing change. Continue reading

In 2022, Compass is all about playing ‘the long game’

Compass East President Neda Navab shares the brokerage’s plan to create the best end-to-end transaction experience, whether iBuying is in Compass’ future and how it’s handling a lackluster stock market performance. Continue reading