Tag Archives: russ cofano

Compass faces first downturn amid pressure to cut costs

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The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn. Continue reading →

Keller Williams’ goal for 2023? ‘Someone has to sell a damn house’

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Keller Williams President Marc King told Inman he was confident in the brokerage’s path to success in 2023 despite a few bumps on the road to becoming the “Disneyland” of real estate. Continue reading →

Redfin faces a steep battle as it claws its way toward profitability

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Analysts said Redfin isn’t facing an existential moment but nonetheless experienced a uniquely rough period over the past year. These are the 5 biggest challenges Redfin will face in 2023. Continue reading →

Opendoor faces ‘existential’ crisis as iBuying fights for survival

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The company recently reported a nearly billion-dollar loss and has now dramatically rearranged its executive lineup as the cash-buying sector contends with a slowing market. Continue reading →

The big iBuyers are getting brutalized in the stock market

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Shares in Opendoor, Offerpad and Redfin all hit all-time low prices Friday. The milestones come after months of declines for companies across the real estate space. Continue reading →

Collabra debuts market analytics and video tool, Market Spotlight

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The tool, which is part of Collabra’s RElumio digital marketing platform, is designed to incorporate market data into listing videos with minimal effort — an industry 1st, the company says. Continue reading →

Marketing startup Collabra hires former Zillow, eXp Realty execs

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Eric Bloomquist, Tara Clark and Cynthia Nowak all join the growing marketing company shortly after it launched a new platform for agents. The trio brings a ‘combined 60 years’ of experience. Continue reading →

Will Compass’ changes to agent pay slow its growth?

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The brokerage has grown rapidly thanks to generous handouts of cash and stocks to newly onboarded real estate agents. But amid leaner times, those perks are going away. Continue reading →

Do layoffs at Compass and Redfin signal a looming real estate purge?

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The ranks of the real estate industry have swelled over the past decade. Some experts who spoke to Inman believe a trend in the opposite direction may be picking up speed. Continue reading →

Collabra Technology debuts real estate marketing platform RElumio

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RElumio is available through partnerships with MLSs and Realtor associations, designed to make it easy for agents to share marketing materials. Continue reading →