Compass' No. 1 large team in Pittsburgh joins Coldwell Banker
The 15-person Reed and Shutey Team was founded in 2015. The team closed $66.99M in sales volume across 249 sides in 2022 while at Compass, according to the brokerage
Compass drives down losses, lifts agent count amid Q2 revenue slide
Compass' 2Q revenue dropped 26% year over year to $1.5B, according to an earnings call Monday. Despite lower revenue, the brokerage reached free cash flow positivity and slimmed net losses
by Marian McPherson Aug 7
Christie's International Real Estate and tech company Modwell partner
The agreement provides 50 of Christie's International Real Estate's Masters Circle agents access to Modwell's proprietary tech design platform to assist homebuyers in seeing a home's potential
Luxury homebuyers and sellers need straight talk on the market
Luxury agents can earn points for authenticity by giving clients a clear picture of prices today's housing market will bear as long as it's backed by data, experts said at Inman Luxury Connect
by Matt Carter Aug 7
Brad Inman: There's opportunity in the international market
Inman kicked off Inman Luxury Connect Monday with an anecdote about buying a house in Paris, and advice for luxury brokers
by Jim Dalrymple II Aug 7
Top women real estate leaders spell out sexual harassment
'Enough is enough,' say some of the industry’s top female leaders and Awesome Females in Real Estate group members. Here's what they want you to know about sexual harassment
by Dani Vanderboegh Aug 7
3 ways to create a culture of safety in your office
Opinion
You can create a safer, more positive culture in your office, even if you're not the one who's actually in charge
by Andi Blackwell Aug 5
What down market? Payrolls are just fine in the brokerage world
Home transactions may be down, but you wouldn't know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the US Bureau of Labor Statistics
by Daniel Houston Aug 4
$2B Pacific Sotheby's International Realty broker partners with Side
San Clemente, California's top broker, Doug Echelberger, and his team of 7 agents has moved to Side, where it will operate as Inhabit Real Estate, according to an announcement on Tuesday
by Marian McPherson Aug 4
To win this summer, homebuyers in California are turning every stone
With some of the highest home prices in the nation, California buyers and sellers are having an abnormally difficult time managing higher mortgage rates, agents in the Golden State told Inman
by Marian McPherson Aug 4
11 lessons I learned selling over $500M in real estate
Opinion
Over nearly three decades, these are the lessons that Jimmy Burgess has put into practice to grow. Put them to work for your business
by Jimmy Burgess Aug 4
Fewer transactions result in falling profits for eXp World Holdings in Q2
EXp's revenue fell 13 percent from the second quarter of 2022 to $1.2B, and its gross profit decreased 10% to $96.5M, according to a Q2 earnings call Thursday afternoon
by Ben Verde Aug 4
How a controversial TikTok spurred investor pushback: The Download
This week: When a TikToker claimed that 'an entire neighborhood' was up for sale, the portfolio listing sparked a debate over displacement and institutional investment
by Christy Murdock Aug 4
Stop sexual harassment lip service. You've shown us who you R
Opinion
If, as an industry leader, you only care about female agents' production, and not their safety, think about what that makes you. We already know who you are
by Andi Blackwell Aug 4
Redfin narrows losses amid rough Q2 as it braces for more turbulence
Redfin's Q2 revenue declined 21% year over year to $275.6M, as gross profits from its real estate services took a tumble amid a harsh housing market, according to an earnings call Thursday
by Marian McPherson Aug 3
Compass hires former Better Homes and Gardens agent
Joseph Magsaysay will join Compass' leadership as the brokerage looks to enhance its luxury presence in Silicon Valley. Magsaysay says he's developed a 'people first' leadership strategy
by Ben Verde Aug 3