Residential Brokerage


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Compass CEO Robert Reffkin (Getty; iStock)

Compass eyes IPO in 2021

Compass has tapped underwriters for a potential public offering that would be among the most buzzed-about IPOs in the residential world. The SoftBank-backed firm, which jolted traditional brokerages when it launched eight years ago,...

Compass eyes IPO in 2021
eXp's Glenn Sanford and Jeff Whiteside

Virtual brokerage eXp notches most profitable quarter ever

eXp Realty’s profits soared during the third quarter thanks to the booming housing market and the firm’s virtual operations....

Virtual brokerage eXp notches most profitable quarter ever
Redfin CEO Glenn Kelman (Photos via Redfin; Getty)

Redfin accused of redlining in lawsuit

The National Fair Housing Alliance has accused Redfin of discriminatory policies and redlining, months after the national brokerage’s CEO pledged to address systemic racial discrimination. In a lawsuit filed Wednesday in the United States...

Redfin accused of redlining in lawsuit
Compass CEO Robert Reffkin (Getty; iStock)

Aloha, Compass: Brokerage expands to Hawaii

After a volatile six months for residential real estate, Compass is in growth mode again. The brokerage said it’s expanding to Hawaii, where it has brought on 14 agents in O’ahu, Maui, Kaua’i and...

Aloha, Compass: Brokerage expands to Hawaii
@properties co-CEOs Thad Wong and Mike Golden (Photo via @properties)

@properties to franchise its brand

In 2018, Chicago’s @properties defended its home turf from national competitors with a massive billboard cautioning locals not to “ask for directions from a tourist.” But now the firm itself has found the allure...

@properties to franchise its brand
Offerpad CEO Brian Bair (Credit: iStock; Offerpad)

Offerpad debuts home-listing service

Offerpad on Monday launched a real estate solutions division that lets clients list their homes for sale with Offerpad employees and use its concierge services to get those homes ready for market, Inman reported....

Offerpad debuts home-listing service
Vector Group president and CEO Howard Lorber (Getty, iStock)

Howard Lorber’s comp is too damn high: Investors

Shareholders are sending Vector Group’s C-suite a message — and it’s aimed at their wallets. On Thursday, the publicly...

Howard Lorber’s comp is too damn high: Investors
@properties’ Thad Wong, Mike Golden and Nest Realty’s Jonathan Kauffmann (@properties, Nest Realty; Seymour Johnson)
Chicago

@properties acquires stake in another Southern resi brokerage

Chicago-based indie brokerage @properties has acquired a significant stake in Virginia-based firm Nest Realty, giving it a foothold in...

@properties acquires stake in another Southern resi brokerage
Realogy CEO Ryan Schneider 

Realogy reports $462M first-quarter net loss

Brokerage giant Realogy Holdings reported a net loss of $462 million during the first quarter as coronavirus threatened to...

Realogy reports $462M first-quarter net loss
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