Compass must cut faster and deeper to break even in 2023: DelPrete

Compass continued to burn cash in the latest quarter but also demonstrated a reduction in operating expenses as the company aims to break even in 2023, Mike DelPrete writes. With a historically high cash burn, Compass needs to cut faster and deeper than most other brokerages.

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Homebuilder sentiment drops another 5 points in November

Confidence dropped to its lowest level among homebuilders seen since June 2012, according to the latest National Home Builders Association/Wells Fargo Housing Market Index on Wednesday.

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The Real Brokerage taps 115-agent Dean Aguilar Group in San Diego

Real CEO Tamir Poleg said Tuesday that the latest influx of agents will help further its tech adoption goals as it invests further in software, innovation and a strong online presence.

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Don’t fall prey to hacking! Cybersecurity risks to look out for

Homebuyers and real estate agents should team up with tech experts to ensure secure financial data and processes. Robert Siciliano offers real-world advice and insight for keeping transactions safer.

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7 tips for exiting your brokerage without burning bridges

Whether you’re leaving for a new opportunity, because you’re mad or simply because you’re ready for a fresh start, there’s a right way and a wrong way to make a change. Here’s how to leave a brokerage on good terms, even when there are complex feelings involved.

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11 pop-by ideas that will make your clients fall in love with you all over again

Although many other agents refer to them as stop-bys or pop-bys, Darryl Davis calls these SMILE stops. These are one of the most fun-filled self-promotion ideas that any agent can use, no matter how long they have been in the business. 

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10 reasons Twitter should be part of your 2023 marketing strategy

It only takes a minute or two to tweet, and it's worth it, according to author and trainer Bernice Ross. Have fun, engage with like-minded others, provide great content and watch Twitter help you grow your business in 2023.

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Aaron Kirman leaves Compass for Christie’s International

Aaron Kirman's move will see his team become a brokerage that operates in partnership with Christie's. The move comes at a time when competition for talent is more intense than ever

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Want to buy a home? You’ll need to earn at least 6 figures

Buyers need to earn at least $107,281 to afford the $2,682 monthly mortgage payment on the typical American home, according to a new report.

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Goldsmith Team moves to The Agency from Hilton & Hyland

Zach Goldsmith was with Hilton & Hyland since 2007. In 2021, his two-person team netted $110 million in transaction volume.

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Airbnb co-founder launches new backyard home venture, Samara

The startup from Airbnb co-founder Joe Gebbia began as an in-house project for Airbnb, but has spun off as an independent company with backing from the short-term rental platform.

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Home flippers search for ‘creative deals’ as high rates cool the market

The fix-and-flip housing market continues to shrink as real estate investors struggle to find deals. High interest rates are to blame, according to a new John Burns Real Estate Consulting survey.

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What are you thankful for this Thanksgiving? Pulse

Whether it's people, places or things, in this week's Pulse we want to know: What are you thankful for this Thanksgiving?

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EXp Realty promotes former Remine CEO Leo Pareja

Pareja joined eXp earlier this year as president of affiliated services. He now steps into the role of chief strategy officer.

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The Agency expands to include mortgage and other services

Luxury brokerage The Agency announced national partnerships Friday with CrossCountry Mortgage, Choice Home Warranty and home inspection provider Pillar to Post.

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Nations Lending launches mortgage alliance with Carpenter Realtors

After announcing new branch openings and executive hires this year, Nations Lending seeks to grow by forming a joint venture with an Indiana brokerage that employs more than 600 agents.

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Single-family rent growth slows for fifth-straight month in September

Rent remained 10.2 percent above September 2021 levels and 22.6 percent compared to two years earlier, according to the single-family rent index from property data information company CoreLogic.

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Former Keller Williams’ CEO John Davis sues Gary Keller for $300M

John Davis filed suit, he says, in an effort to restore his reputation after sexual misconduct allegations against him surfaced this year. "There is a price to ruin someone's life," his spokesman told Inman.

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Thinking of switching brokerages? 13 to-dos as you head out the door

If you’re brokerage shopping for 2023, this may be the perfect time to plan your change and execute on it. Broker Troy Palmquist tells you how to do it right and ensure the change is a positive one.

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NAR changes Code of Ethics to refer to ‘disability’ rather than ‘handicap’

New markets require new approaches and tactics. Experts and industry leaders take the stage at Inman Connect New York in January to help navigate the market shift — and prepare for the next one. Meet the moment and join us. Register here. The highest governing bodies of the 1.6 million-member National Association of Realtors have amended the Realtor […]

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