Residential Brokerage


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Robert Reffkin (Compass)

Compass cuts valuation to $7B ahead of IPO

UPDATED, March 31, 2021, 3:48 p.m.: Compass has slashed the price of shares and reduced the size of its total stock offering ahead of its IPO. In an updated S-1 filed with the U.S....

Compass cuts valuation to $7B ahead of IPO
Compass CEO Robert Reffkin (Getty, iStock)

Compass seeks $10B tech valuation

Compass is aiming to go public at a $10 billion valuation, positioning itself as a tech company rather than a traditional brokerage. The New York-based firm said it will offer 36 million shares priced...

Compass seeks $10B tech valuation
eXp Realty founder Glenn Sanford. (eXp)

eXp rides housing boom with $31M in profits

UPDATED, March 11, 2021, 6:58 p.m.: As traditional brokerage firms scrambled to go virtual last spring, eXp Realty didn’t miss a beat. The cloud-based brokerage maintained “continuous operations,” said CEO Glenn Sanford. The result...

eXp rides housing boom with $31M in profits
Compass CEO Robert Reffkin (Instagram, Compass, iStock/Photo illustration by Kevin Rebong for The Real Deal)

Inside Compass’ S-1: How it measures the upside of its tech

Compass’ pitch to investors is all about its agents. The company’s S-1 — a prospectus that details its financial...

Inside Compass’ S-1: How it measures the upside of its tech
Compass CEO Robert Reffkin and KVS Title CEO David Kanstoroom. (KVS, Getty)

Compass acquires DC-area title firm

Compass is taking title. Ahead of its much-anticipated IPO, the residential firm has inked a deal to buy KVS Title, a title insurance and settlement services firm in Washington, D.C., the company said Thursday....

Compass acquires DC-area title firm
Realogy CEO Ryan Schneider

Realogy’s revenue hits $6.2B after housing rebound

UPDATED: Feb. 23, 5:45 p.m.: Boosted by a surging U.S. housing market, Realogy’s revenue grew 6 percent to $6.2...

Realogy’s revenue hits $6.2B after housing rebound
@properties’ co-CEO Thad Wong and Alexander Real Estate partner Eric Walstrom. (Getty, @properties, Alexander Real Estate)
Chicago

@properties picks Detroit brokerage for first franchise

 Nearly five months after @properties rolled out its plan for franchises throughout the U.S., the Chicago-based residential brokerage has...

@properties picks Detroit brokerage for first franchise
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