The Compass haters are starting to look lost

The industry has wasted too many cycles on Compass FUD (fear, uncertainty and doubt). It must get busy competing …

Why does Compass keep winning?

Jeff Lowe, Chicago’s top-producing broker, was finishing a stationary bike workout when the emails started flying in on Thursday morning. News that the SoftBank Vision Fund had agreed to a $450 million investment into real estate brokerage Compass — claimed to be the largest real estate tech investment in U.S. history — was sending ripples throughout the industry …

Compass nabs $450 million in largest real estate tech investment in U.S. history

Humongous breaking news this morning for Compass, the white-hot real estate tech company: it just received a $450 million investment from SoftBank Vision Fund …

Scott Durkin promoted to president at Douglas Elliman

Last night Barbara Corcoran cooked Scott Durkin, the newly named president of New York City brokerage Douglas Elliman, his favorite dish — a pot roast — to celebrate his promotion …

The winners and losers of this year’s real estate recruiting season

It’s head-hunting season in the real estate brokerage world. Agents are agonizing over the being inundated with broker recruiting calls, but let’s face it: it’s the only time of year that they actually listen to us …

My top 10 predictions for real estate in 2018

Two years ago as we approached the year 2016, I predicted Donald Trump would be elected President. My crystal ball hasn’t always been so prescient. Last year I guessed that in 2017 Zillow would expand overseas and NAR would pick a woman CEO (stupid me)…

Can Realogy pivot to an agent-centric business model?

Earlier this month, Brad Inman wrote an opinion piece that compared Gary Keller with Compass’s CEO, Robert Reffkin. Although the piece initially focused on the similarities and differences of Keller and Reffkin, it quickly moved to a much larger, and important, subject: the evolution (or revolution?) of the brokerage model, from broker-centric to agent-centric …

Compass expands to Chicago with 20-agent-strong Lincoln Park office

Compass, the rapidly growing real estate technology company, announced the opening of the first of three brick-and-mortar Chicago locations, an initial step in an aggressive plan to expand into 10 new markets …

Could Gary Keller and Compass’s Robert Reffkin be more similar?

I recently sat with Compass CEO Robert Reffkin in his slick new offices on New York City’s 5th Avenue, when suddenly the image of Texan Gary Keller oddly flashed before my eyes. It was an illusion that quickly lifted, but something clicked in my head that I had missed before …

Compass raises $100M on $1.8B valuation, IPO ‘possible’

Compass executives now may be setting their sights on an initial public offering, though CRO Rob Lehman insisted private investment was enough for now …