Compass agents see play for Anywhere as a power move

Agents said the deal gives the combined firms increased bargaining power and could help move the needle in Compass’s legal battles. Continue reading

Competition, discretion drive lux agents to embrace private listings

How crucial off-market listing networks are to luxury agents may depend in large part on their geographical market. In the current debate, there are still luxury agents firmly planted on both sides. Continue reading

Compass hauls aboard Annapolis-based luxury team Anchored Home

Compass is continuing its hot growth streak, this time pushing further into Maryland with the addition of Annapolis-based real estate team Anchored Home, formerly known as Stahley Thompson Homes. Continue reading

Paul Salazar moves from Hilton & Hyland to Compass

Salazar has been at Hilton & Hyland since he started his real estate career 16 years ago and said he was ready for a change. Now he’s bringing a team to Compass, which he said had the most to offer out of other top LA brokerages. Continue reading

Historic wildfires will undeniably exacerbate LA’s housing shortage

Rents are expected to “surge,” according to CoreLogic Chief Economist Dr. Selma Hepp. Just how much of a housing shortage the county will face remains to be seen as families decide over the next few months whether they will even stay in LA. Continue reading

Agents scramble to find housing for those displaced by LA wildfires

As wildfires burned through LA County over the past three days, thousands of people were suddenly in need of temporary housing. The surge in demand is poised to create a spike in rental prices, agents said. Continue reading

Will flashy gifts and open houses end once commissions decouple?

Based on conversations with luxury agents across both coasts, there’s still a lot of uncertainty about how far-reaching the changes that come with commissions decoupling may be. Continue reading

‘Fight it tooth and nail,’ LA agents warn as Chicago mulls mansion tax

As Chicago Mayor Brandon Johnson narrows in on a 2.65 percent tax on purchases of properties over $1 million, luxury agents in Los Angeles offered their advice to concerned Windy City agents. Continue reading