Residential Brokerage


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A photo illustration of Compass' Robert Reffkin (Getty, Compass)

Compass’ path to profitability comes into view

UPDATED, Dec. 1, 10:37 a.m.: Compass is facing a pivotal six-month stretch. As it aims for profitability, with an...

Compass’ path to profitability comes into view
Michael Mahon (Corcoran, Getty)

Corcoran shopping its biggest franchise

Corcoran Global Living is on the market. The Corcoran Group is shopping its inaugural — and biggest — franchise less than three years after its formation, according to an internal senior executive. The executive...

Corcoran shopping its biggest franchise
Robert Reffkin (Compass, Getty)
New York

Compass shares soar 90% around earnings report

Compass shares climbed to a nearly three-month high Friday after an earnings report revealed mounting losses but gains in...

Compass shares soar 90% around earnings report
Redfin CEO Glenn Kelman (Photo Illustration by Steven Dilakian for The Real Deal with Getty)

Redfin shutters iBuying business, cuts 13% of staff

UPDATED, Nov. 9, 2022, 11 a.m.: Redfin is shutting down its iBuying operation and laying off employees as the...

Redfin shutters iBuying business, cuts 13% of staff
Resi brokerages enter wartime mode
Issue

Resi brokerages enter wartime mode

Gary Keller is the closest you can get to an elder statesman of residential brokerage. The founder of Keller Williams has guided his firm through four decades of market fluctuations and played a Rooseveltian...

Resi brokerages enter wartime mode
Douglas Elliman's Howard Lorber (Getty, Douglas Elliman)

Elliman posts $4M loss as rates strain inventory

Residential brokerages are repeating the same refrain to entice buyers as mortgage rates reach 20-year highs: “Marry the price...

Elliman posts $4M loss as rates strain inventory
Keller Williams' Marc King and Sajag Patel (Getty, Keller Williams)

Keller Williams’ numbers down in US, up internationally

It seems no residential brokerage is immune to the slowing market. Keller Williams’ numbers in the U.S. and Canada...

Keller Williams’ numbers down in US, up internationally
Compass CEO Robert Reffkin and CFO Kalani Reelitz 

Compass taps Cushman exec as CFO

Compass has picked up a new chief financial officer in its attempt to get into the black. Kalani Reelitz, former CFO and COO for Cushman & Wakefield Americas, is set to take over the...

Compass taps Cushman exec as CFO
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