Compass sued over a single decimal point

According to the complaint, The Mark Company orally agreed to pay RRA 16.25 percent of gross sales commissions from the sales of condominium units at an ultra-luxury development in San Francisco, 181 Fremont St. The companies signed a letter agreement … Continue reading

Compass poaches entire 22-person Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Continue reading

Compass doesn’t care if it builds or buys its technology: Reffkin

A month and a half after Compass surprised the real estate industry by snatching up CRM maker Contractually, Robert Reffkin said he doesn’t care if his company builds or buys its technology. Continue reading

Engel & Völkers opens in Napa with Compass defectors

Engel & Völkers is bringing its global real estate brand to California’s wine country with a team of agents defecting from Compass. The new brokerage, led by Paul Benson, will be Engel & Völkers’ largest in North America. Continue reading

Tracy McLaughlin leaves Compass for The Agency

Tracy McLaughlin has joined the The Agency, leaving Compass four months after it acquired her former brokerage, Pacific Union International. Continue reading

Compass CEO acknowledges tech problems, promises fixes in 2019

Compass CEO Robert Reffkin highlighted the trials and tribulations of a watershed year of expansion in an end-of-year email delivered to staff and agents. Continue reading

Kinder, gentler Compass CEO regrets ‘arrogant’ marketing

Compass CEO Robert Reffkin sat down with Inman to discuss the past six years and the state of both his company and the real estate industry as a whole. Continue reading

What does the stock market tumble mean for real estate?

The Dow Jones dropped more than 800 points on Wednesday, the third biggest point drop of the year and the biggest drop since February. As investors sell-off stock and the benchmark yield rises, what does it mean for the real estate industry? Well for o… Continue reading