Anywhere expands board with investment firm leader Joseph Lenz

Joseph Lenz is a managing director and co-head of research at TPG Angelo Gordon. He becomes the 13th member of Anywhere’s board this week after the franchising giant added a seat. Continue reading

Anywhere CEO touts ‘protection’ from commission suit chaos

The Anywhere CEO challenged individual leaders to step up, rather than be dependent on NAR to lobby for the industry in Washington. He added that the most important thing for leaders today are vision and attitude. Continue reading

Inman unveils new class of 2024 Power Players

With its new Power Players list, Inman recognizes 137 industry leaders for their power and influence as it kicks off a year of expanded awards. Continue reading

Robert Reffkin relinquishes stock unit awards for $7M cash bonus

An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000. Continue reading

Anywhere, RE/MAX commission lawsuit settlements move forward

A judge has granted preliminary approval of the franchisers’ multi-million dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year. Continue reading

Real estate CEOs: Big changes from bombshell suits ‘improbable’

The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading

Will Q3 earnings keep real estate mired in a ‘Groundhog Day’ loop?

Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it? Continue reading

Despite revenue drop, Anywhere marks another profitable quarter

Anywhere Real Estate reported revenue of $1.6 billion and a profit of $129 million for the third quarter, ending with $151 million in cash and cash equivalents. Continue reading

What to expect at Coldwell Banker’s Gen Blue 2023 Atlanta

This year’s event, which will focus on the theme of storytelling, will highlight how agents can leverage AI, storytelling, best recruitment practices and more to grow their businesses. Continue reading