Residential Brokerages


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Compass CEO Robert Reffkin and agent Ronita Kalra (Photos via Twitter, iStock)
National

For Compass agents who invested, IPO is watershed moment

For Compass agents invested in the firm’s success, nothing can rain on their parade. Last week, Compass’s initial public...

For Compass agents who invested, IPO is watershed moment
Robert Reffkin and Ori Allon (Getty, iStock)
National

What you need to know about Compass’ IPO this week

Compass’ hotly anticipated IPO is finally (almost) here. The venture capital-backed residential firm is set to go public in...

What you need to know about Compass’ IPO this week
Glenn Kelman (Randy Stewart via Flickr)
National

Redfin revenue grows as it races to hire more agents

The hot housing market has crowned another winner: Redfin. The discount brokerage reported revenue of $866.1 million in 2020,...

Redfin revenue grows as it races to hire more agents
Compass CEO Robert Reffkin and Bold CEO Jordan Sachs (Photos via Compass, Bold/Illustration by Kevin Rebong for The Real Deal)

Compass to acquire Bold New York

Compass is acquiring Bold New York, a 10-year-old brokerage with a robust portfolio of rental developments, The Real Deal has learned. The deal, announced by Bold at a town hall meeting Tuesday, will boost...

Compass to acquire Bold New York
Gene Martinez (Compass)
National

Gene Martinez, early Compass recruit, dies

Gene Martinez, a longtime New York City sales manager who was one of Compass’ earliest recruits, died Tuesday night. He was 60. Compass CEO Robert Reffkin informed managers of Martinez’s sudden death in an...

Gene Martinez, early Compass recruit, dies
Realogy CEO Ryan Schneider 
National

Realogy profit surges to $98M as sales rebound

Citing explosive growth in the housing market, Realogy’s profit surged during the third quarter and the brokerage giant said...

Realogy profit surges to $98M as sales rebound
Shaun Osher (Photo by Craig Barritt/Getty Images, iStock)

Core lays off staffers, slashes pay

UPDATED, April 24, 2020, 2:55 p.m.: Over the past few weeks, as rival brokerages enacted furloughs and pay cuts, Core employees continued to work full-time for full pay. Some hoped that the Related Companies’...

Core lays off staffers, slashes pay

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