Compass revenue ticks up slightly as losses mount in Q2
The fast-growing brokerage earned $2B in revenue during the second quarter of the year, but also saw losses rise to $101M, according to an earnings report issued Monday
by Jim Dalrymple II Aug 15
Kienlen Lattmann Sotheby's International Realty acquires Leaf, Realtors
The strategic partnership will combine Sotheby's international reach with Leaf, Realtors' intricate local market knowledge of western New Jersey to better serve clients
by Lillian Dickerson Aug 15
EXCLUSIVE: Read Inman's Industry Blueprint for a Changing Market
At CEO Connect in Las Vegas, the real estate industry's top leaders collaborated to create our first-ever 'Industry Blueprint for a Changing Market'
by Jim Dalrymple II Aug 15
Home offers facing competing bids have plunged over the past 6 months
Fewer homebuyers are facing even a single competing offer. And when buyers find themselves in bidding wars, the field is less crowded, according to a report from Redfin
by Daniel Houston Aug 12
Redfin's iBuyer expands into Florida, among the hottest US markets
RedfinNow is operational in the Orlando and Tampa areas as of this week and will launch in the Palm Beach and Miami areas later this month, with Florida marking its 16th state in 34 markets
by Ben Verde Aug 11
EXp nabs high-performing Engel & Völkers team in Utah's Park City
The Lawson team works with high-end properties in Park City and other Utah communities. The team's jump to eXp is the latest in an ongoing trend of teams migrating to the techie brokerage
by Jim Dalrymple II Aug 11
Broker Spotlight: Rishi Bakshi, Intero Real Estate Services – East Bay
Opinion
This week, our spotlight shines on Rishi Bakshi of Intero Real Estate Services East Bay in Fremont, California
by Christy Murdock Aug 11
Zillow and Opendoor's partnership: 'A match made in lead-gen heaven'
Opinion
The former rivals are now bedfellows in a new partnership that seeks to use the power of Zillow's platform to feed Opendoor's sales funnel
by Mike DelPrete Aug 10
Here are your top tech hacks: Pulse
Opinion
This week, we wanted to know: What top tech hack do you pride yourself on knowing, whether you learned it in a CE class or on your own?
by Inman Aug 10
How brokerages can set themselves up for profitability early
Opinion
Profitability requires more than an eye on the bottom line. You also need to focus on agents and maintain an overarching brokerage vision
by Mauricio Umansky Aug 10
Side's Guy Gal: We're organizing the boutique brand rebellion
Big 5 brokerage brands are an evil empire that doesn't create value for agents or consumers and will ultimately be defeated, the company's co-founder and CEO said at Inman Connect Las Vegas
by Matt Carter Aug 8
WATCH: Marc King and Nick Bailey trade jokes at Connect Las Vegas
RE/MAX CEO Nick Bailey and Keller Williams President Marc King, 2 of real estate's highest profile leaders, teased each other on stage, then counseled agents to focus on fundamentals
by Jim Dalrymple II Aug 8
Homebuyer activity shows pulse as mortgage rates dip below 5%
Redfin's Homebuyer Demand Index rose 7 points during the last week of July, while mortgage purchase applications rose for the first time in 5 weeks, according to new data released Monday
by Ben Verde Aug 8
The Agency taps former Compass exec as Los Gatos managing director
Jeff Barnett brings 30 years of real estate experience to his new role as managing director in Los Gatos, California, most recently serving as vice president and managing director at Compass
by Ben Verde Aug 8
Opendoor is in $62M worth of legal trouble: The Real Word
Opinion
This week, Byron Lazine discusses Opendoor's recent $62M settlement of its legal troubles with the FTC plus a flawed study of days on market
by Byron Lazine Aug 8
In earnings twist, most real estate companies avoided the worst in Q2
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin
by Jim Dalrymple II Aug 8