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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We million net loss reported in Q1 2023. million, compared to Q1 2023’s free cash-flow loss of $59 million.

Agents 335
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RE/MAX settles buyer broker commission lawsuits for $55 million

Housing Wire

Yet another national real estate brokerage firm has reached a settlement agreement in two of the major class action antitrust lawsuits facing the real estate industry. The Sitzer/Burnett trial is slated to head to trial on October 16, 2023. In the SEC filing, RE/MAX stated that the settlement was not an admission of liability. .”

Buyers 483
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

In 2023, Tate was recognized by RealTrends as one of the Best Real Estate Professionals in the United States. Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” Jane Doe was recognized by the Orange County Board of Realtors as a top performer.” Representing the top 1.5% of more than 1.6