Tag Archives: robert reffkin

Compass rolls out second-home-focused network for agents

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Compass Resort aims to provide referrals, collaboration and other resources to agents who work with clients focused on vacation properties and secondary homes. Continue reading →

Impact of NAR’s commission rule change illuminated in Q3 earnings

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In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading →

Compass CEO Robert Reffkin: Zillow will be the national MLS

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Reffkin continued his campaign against the Clear Cooperation Policy at the National Association of Realtor’s annual NAR NXT conference during a “Future of the MLS” session Friday. Continue reading →

Mortgage segment stands tall as Zillow posts revenue growth in Q3

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Zillow tallied $581 million in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal’s mortgage business hit $39 million, a 63 percent increase from 2023. Continue reading →

Compass leans into private listings with new marketing push

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The brokerage’s efforts to build a powerful exclusive catalog of listings unifies many of its recent efforts — including now the debut of a multiphase marketing strategy. Continue reading →

Robert Reffkin compares future of listings to Netflix video streaming

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Consumers will one day visit multiple real estate sites, including Compass.com, to find listings in the same way they now search for content on Netflix and Disney+, the Compass CEO predicted. Continue reading →

Compass bucks tough market as revenue, agent count grow in Q3

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The brokerage drove $1.5 billion in revenue — an 11.7 percent improvement over the same period in 2023, according to a third-quarter earnings report on Wednesday spanning July, August and September. Continue reading →

Compass envisions recruitment opportunity in industry upheaval

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Rory Golod, Compass’ president of growth and communications, spoke to Inman about Clear Cooperation, commission settlements, franchising and much more. Continue reading →

Compass releases ‘reverse prospecting’ marketing tool

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The marketing tool provides insights and data on likely buyers who have engaged with properties listed by Compass agents. It may also help Compass’ ongoing push against Clear Cooperation. Continue reading →

Here’s your Clear Cooperation opinion roundup: The Download

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Industry heavyweights are all lining up for and against Clear Cooperation. Find out which side of the topic real estate’s biggest names are standing on. Continue reading →