Brokerages, portals react to NAR’s decision to save Clear Cooperation

Executives mostly applauded NAR’s decision to salvage the policy Tuesday, saying the trade group struck the right balance between reform and preservation. But the change didn’t satisfy everyone. Continue reading

Reffkin slams MLS ‘monopoly’ amid Clear Cooperation debate

Compass CEO Robert Reffkin argued against Clear Cooperation Wednesday during an Inman on Tour session in Nashville while warning that “data is the new oil” amid predictions of a national MLS. Continue reading

As JVs struggle, Rate names top salesman to head retail mortgage

Guaranteed Rate Inc.’s retail mortgage operations named Shant Banosian as president on Tuesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits. Continue reading

Compass snaps up major Washington DC luxury brokerage

Washington Fine Properties operates in Washington, D.C., Maryland and Virginia and has about 150 agents. The company’s leadership team will remain in place after joining Compass. Continue reading

Mergers and acquisitions likely to dominate real estate in 2025

Years of market sluggishness and aggressive expansion by big corporations mean big deals of the past were likely a prelude to more acquisitions in 2025, Intel survey results and interviews suggest. Continue reading

Weichert and eXp continue fight against Gibson commission claims

As the brokerages try to fend off allegations of a “sweetheart deal” in a separate case, they respond to the antitrust complaint they’re facing in a Missouri court. Continue reading

RE/MAX taps Christie’s Real Estate vet Chris Lim as chief growth officer

Lim, who vacated the presidency of Christie’s International Real Estate in 2023, will be tasked with growing RE/MAX at a time when the brokerage has struggled with falling revenue and U.S. agent count. Continue reading

Stay tuned: The tumult of 2024 leaves real estate on a cliffhanger

What will happen with the commission litigation? Which companies may merge? How will consumers behave? The only thing that’s certain is that real estate’s next episode will be big. Continue reading

What does the big Compass deal mean for you? The Download

How does Compass’ big acquisition of @properties | Christie’s International Real Estate change the real estate landscape and the way you do business? Continue reading

What does the big Compass deal mean for you? The Download

How does Compass’ big acquisition of @properties | Christie’s International Real Estate change the real estate landscape and the way you do business? Continue reading