The Utah-based disruptor “moved our real estate agents from W2 to 1099” while other “non-Homie” agents were laid off last week due to “role redundancy,” a Homie spokesperson confirmed to Inman.
Category: compass
Recruiting War ’24: Agents field new offers constantly, Intel finds
A slower market and a crowded brokerage landscape have shifted efforts from quantity to quality, new reporting and Intel survey results reveal. For agents, it’s now an unavoidable aspect of the job.
‘The vibe is pretty good’ as first earnings season of 2024 kicks off
Ahead of Q4 earnings this week and next, analysts are narrowing in on the future — and pleased by lower rates and a healthier economy as it rebounds from the final months of 2023.
Top Bay Area team boomerangs back to Compass from Side
Mollie Poe and Declan Hickey were founding members of Compass San Francisco before leaving in 2020. Now, they’re bringing four additional team members back to Compass with them.
Corcoran reels back Marcus-Wells Team, more agents, from Compass
In the ongoing tug-of-war for top agents, Corcoran Group has wrestled back eight boomerang agents from Compass and recruited an additional eight agents from Compass to the New York City-based brand.
Broker Spotlight: Merry Morgan Holotik, Compass Florida
Broker Merry Morgan Holotik can (literally) tell you what it takes to scale the summit of Mt. Everest and plant your brokerage’s flag there.
Brokers need to see silver linings and lead through down times
“You just have to be willing to look at it right,” ERA President Alex Vidal said on stage at ICNY on Tuesday.
New York agent Scott Fava boomerangs back to Compass
Fava and his New York-based team are the latest agents to participate in a trend of leaving a brokerage, only to return some time later.
Robert Reffkin relinquishes stock unit awards for $7M cash bonus
An SEC filing showed the Compass CEO is letting go of $25 million in performance-based restricted stock unit awards in exchange for something a bit more tangible. His salary is also going up to $900,000.
What the biggest names in real estate really thought of 2023
Fourteen of the real estate industry’s biggest leaders shared their thoughts on rising mortgage rates, slowing sales, antitrust suits, National Association of Realtors drama, and several other headline-making stories along with their hopes for the new year.