Everyone talks badly about Robert Reffkin/Compass and our stand against the CCP. It's because the industry is so sensitive about the thought of agents hoarding their listings off-market to sell them to their own buyers or to buyers represented by other in-house...
The last debacle by Ketchmark cost Compass $52 million - there is no way that we will keep putting ourselves at risk of more lawsuits. It's why Robert Reffkin has been so adamant about disolving the Clear Cooperation Policy, even though he doesn't state it often...
It's a hot topic among real estate agents, but how widespread are the off-market sales? We saw that in the last blog post that 155 NSDCC homes that have gone pending this year have already closed escrow. But let's back it up to get a bigger sample and look at all of...
Robert Reffkin has heard enough and wants to address the rumors: Many of you have heard things like “Compass is trying to sell listings off-market,” and “Compass is trying to double end deals.” These misconceptions are intentionally designed to create fear in the...
Last year, Compass was #1 again in total volume and number of homes sold. We have the most agents too - you can see why going it alone looks more and more feasible. I'm not sure what I did to get a mention, but, man, Donna is going to wonder what happened!
This is the type of name-calling I'm willing to endure: IMHO, RE industry has descended right into the gutter alongside slimy used car salesmen. License to screw over consumers using information hiding and deceptive practices. Elimination of pre-sale inspections and...
The Compass CEO, Robert Reffkin, is a vocal opponent of the Clear Cooperation Policy. Those in the business call him names and say his only motivation for opposing the CCP is to promote in-house sales. The point that gets trampled over is that consumers and agents...
The Future of Real Estate Belongs to Compass With a strong foundation built on agent expertise, innovative technology, and a customer-first approach, Compass is well-positioned to overtake Zillow as the most influential real estate platform. As Zillow continues to...
I love that Robert Reffkin is becoming the industry spokesman - what he says is mostly accurate and informative. For the record, yesterday we had Natalie film my next video before I saw the boss talking about 2025 inventory:
I guess if we're doing billboards it's not much of a secret any more. Selling Compass listings off-market to buyers of other Compass agents is legal and within the rules of the Clear Cooperation Policy. The CCP doesn't allow public advertising of individual homes, but...
