Tag Archives: robert reffkin

Compass nabs high-profile NYC agent from Official

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Jared Schwadron operates in New York City, the Hamptons and Miami and is the latest get for Compass as it competes to build a roster of top agents in lean times. Continue reading →

Compass sees growth spurt in Arizona with addition of North & Co

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The addition brings upwards of 200 agents to Compass’ ranks and gives the brokerage a strong position in the state’s luxury market. Compass will also launch new offices in Chandler and Flagstaff in 2025. Continue reading →

Umansky threatens to sue NAR as pocket listing pressure mounts

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The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation. Continue reading →

Clear Cooperation takes center stage, faces pressure to change

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Officials from the National Association of Realtors are meeting this week to discuss the so-called pocket listing ban — one of the industry’s most polarizing rules. Continue reading →

Compass launches new division for older real estate consumers

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The launch comes as the Baby Boomers race into their elder years, creating what some observers have referred to as a “silver tsunami.” Continue reading →

Landmark real estate commission rules officially go into effect today

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The new rules are the result of the National Association of Realtors’ major antitrust settlement. They’re poised to change how agents are paid and how real estate consumers search for homes. Continue reading →

Compass CEO: Clear cooperation is ‘anti-homeowner’

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Robert Reffkin on Wednesday said clear cooperation attaches “negative insights” to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed. Continue reading →

Compass posts gains in revenue and agent count in Q2 earnings

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Compass brought in $1.7 billion in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday. Continue reading →

Frontgate team returns to Compass after stint at Side

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Led by Jeffery Biebuyck and Dana Olmes, the team has closed $2 billion in lifetime sales and is ranked No. 4 in Los Angeles and No. 20 in California among medium teams, according to Real Trends. Continue reading →

Compass CEO Robert Reffkin says the luxury market is back

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The luxury market is back. That was Compass co-founder and CEO Robert Reffkin’s primary message during his latest appearance on CNBC’s “Squawk on the Street,” where he talked about home price trends, mortgage rates, and stock market ebbs and flows. Continue reading →